Headlines

Beijing reins in Alibaba, JD.com over destructive 618 price cuts

Shares in China’s biggest e-commerce companies fell on Thursday after Beijing’s market regulator summoned five of the country’s largest online shopping platforms over deceptive promotional practices ahead of the annual “618” (June 18) shopping festival. Alibaba’s Hong

Asia

UK defense – a hole in the bucket

In the 1950s and 1960s, a massive wave of underground humor swept across the USSR and the Eastern Bloc featuring a fictional broadcaster called Armenian Radio (known in the West as Radio Yerevan). Many of the jokes involved food lines and food scarcity, a fact of Soviet life.

Asia

US confirms third strike on Indian-crewed tankers this week

LONDON/NEW DELHI, June 11 - A U.S. jet fired two missiles into the engine room of the tanker Jalveer off Oman on Thursday, U.S. Central Command confirmed, as authorities said the 20 crew members were safe after the third strike on Indian-crewed tankers this week.

Asia

US and Iran are unlikely to bomb their way to peace

The United States has launched new airstrikes across Iran this week as President Donald Trump, losing patience over the protracted negotiations to end the war, has leaned into violence to ratchet up the pressure on the Iranian leadership. The US secretary of defence, Pete

Asia

Charting a course to energy independence in Asia

On March 24, 2026, the Philippines declared a state of national energy emergency — the first country in the world to do so in response to the Middle East conflict and the disruption of the Strait of Hormuz. The declaration highlighted a structural exposure that many countries

Asia