Headlines

25-year weak yen obsession is blowing up on Tokyo

Currency traders betting on a rebound in the yen would be wise to look past the officials currently in charge and listen instead to policy veterans who know better. Over the last year as the yen was recording three-decade lows, officials such as Finance Minister Shunichi

China cracks down on ‘wealth-flaunting’ influencers

Chinese regulators are in the process of wrapping up a two-month “spring clean” of the country’s social media. Launched on April 23, 2024, by the Cyberspace Administration of China, the latest Qinglang – “clean and bright” – campaign aims to penalize Chinese social media

Beijing: new Treasury rules amount to ‘decoupling’

Beijing has expressed serious concerns following Washington’s proposal of a set of detailed rules that would restrict and monitor United States investments in China for artificial intelligence, semiconductors and quantum computing. The Chinese Commerce Ministry on Monday said

Filipinos doubt US reliability as Marcos deescalates

The near-fatal showdown between Chinese and Philippine maritime forces in the South China Sea last week raised fears of unwanted escalation in the disputed waters. A Filipino serviceman suffered physical injury after a large contingent of Chinese forces collided with and then

Japan frets over its ‘digital deficit’

“Digital deficit” has become a buzzword in Japan as the annual balance of payments deficit in digital services has more than doubled over the past five years to about ¥5.5 trillion ($34 billion) and imports of AI processors go through the roof. Amazon, Apple, Facebook, Google

US future fighter plans in freefall

The US Air Force faces a budget battle over retiring F-22 Raptors and funding next-gen fighters, sparking debates on strategic priorities and future air dominance versus near-peer adversaries. This month, Airforce Technology reported that the US Government Accountability Office

Trump: Biden NATO plans provoked the Ukraine war

President Biden provoked Russia’s attack on Ukraine by proposing to bring the former Soviet republic into NATO, former President Trump Donald Trump told the popular “All In” podcast June 21, a bombshell statement unreported by mainstream US news media. “Biden was saying all the

Putin’s high-risk North Korea gambit

The Russian president’s trip to North Korea alters global calculations, spreading instability worldwide. Even China may now be interested in distancing itself from him. Shortly after establishing the People’s Republic of China (PRC) on October 1, 1949, China entered one of its

Corner Putin, Agent of Chaos

The Russian president’s trip to North Korea alters global calculations, spreading instability worldwide. Even China may now be interested in distancing itself from him. Shortly after establishing the People’s Republic of China (PRC) on October 1, 1949, China entered one of its