Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Taiwan's Defence Ministry reported on Sunday that it was on alert after detecting “multiple waves” of missile firings deep within China's inland regions. The announcement follows a recent statement by China, claiming a successful test launch of an intercontinental ballistic missile (ICBM).
Monitoring Chinese Military Activity
The self-governing island of Taiwan, which Beijing claims as part of its territory, consistently monitors Chinese military activities. However, Taiwan seldom shares specific details about what occurs inside China.
Starting at 6:50 a.m. local time (2250 GMT on Saturday), Taiwan’s Defence Ministry detected missile firings conducted by China's Rocket Force and army in regions including Inner Mongolia, Gansu, Qinghai, and Xinjiang—each located at least 2,000 km (1,200 miles) from Taiwan.
Heightened Vigilance and Preparedness
Taiwan’s forces are "continuously monitoring relevant developments," with air defense forces maintaining a "high level of vigilance and strengthened alert," according to a statement by the ministry.
China’s Response and Recent ICBM Launch
China’s Defence Ministry has not responded to requests for comment made outside of office hours. The Rocket Force is responsible for overseeing China's conventional and nuclear missile arsenal.
Taiwan’s report follows a recent increase in Chinese military activities around the island, including live-fire drills. On Thursday, Taiwan expressed concern over this surge, criticizing Beijing for "policy instability." In response, China’s military stated that its activities near Taiwan were “legitimate” and would continue.
Earlier in the week, China announced a successful launch of an ICBM into the Pacific Ocean. In August 2022, China fired missiles into the waters around Taiwan as part of military drills, protesting then-U.S. House Speaker Nancy Pelosi's visit to Taipei.
Taiwan’s Advanced Surveillance Capabilities
Taiwan operates advanced radar stations on the peaks of its central mountain range, which allow it to monitor activities deep within China's territory, according to security sources.
