Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Is the PLA rehearsing operations to keep US forces out of a Taiwan conflict?

Recent mainland Chinese naval deployments in the western Pacific and South China Sea have raised questions over whether Beijing is rehearsing operations to stop US and allied forces from intervening in a Taiwan conflict, according to analysts. Beijing has not announced any large-scale drill in relation to recent People’s Liberation Army (PLA) naval activities. But a November 6 assessment by…

Is the PLA rehearsing operations to keep US forces out of a Taiwan conflict?

Recent PLA naval deployments in the western Pacific and South China Sea have raised concerns that China may be rehearsing operations to prevent US and allied forces from intervening in a Taiwan conflict, according to analysts. While Beijing has not announced any large-scale drills, a November 6 assessment by the Institute for the Study of War (ISW) suggested that the PLA could be conducting a major exercise simulating the isolation of Taiwan, with warships positioned to deter or prevent outside intervention.

The scale of the deployments, with over 100 vessels reported, and the presence of naval formations farther into the Pacific rather than just around Taiwan suggest the aim is to stop US and allied forces from reaching the island during a conflict.

Brief written by urgent.news from Reuters Business via SCMP's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at scmp.com →

More in Finance & Markets

Why is ANZ stock sliding today?

  • ANZ stock drops 4.3% to A$38.60 after FY2026 results
  • Robust 31% increase in annual cash profit falls short of expectations
  • Credit impairment charges surge 32% to A$584 million

Japan says 3-day yen intervention lifted yen in summer

Total amount of 15.4 trillion yen marks Japan’s largest monthly spending on yen-buying intervention

  • Japan conducted three-day yen intervention in summer, totaling 15.4 trillion yen
  • Intervention marked first coordinated operation with US since 1998
  • Yen strengthened to 152.89 per dollar in early September before regaining gains

Money Market Operations as on November 06, 2026

(Amount in ₹ crore, Rate in Per cent) MONEY MARKETS @ --> Money Markets @ Volume (One Leg) Weighted Average Rate Range A. Overnight Segment (I+II+III+IV) 20,970.90 5.55 5.00-7.50 I. Call Money 1,337.15 5.25 5.00-5.62 II. Triparty Repo 12,590.85 5.50 5.02-5.75 III. Market Repo 321.60 5.00 5.00-5.00 &n

More from Monday 9 November →