Headlines

What does it mean to win the AI race?

When Donald Trump and Xi Jinping met in Washington last week, artificial intelligence was among the issues dividing their countries. Days earlier, Treasury Secretary Scott Bessent said the two sides had agreed to establish a formal AI dialogue, including an incident line,

Asia •

Sir Jackie Stewart brings his race against dementia to Japan

Two races were held at Fuji Speedway last weekend: the six-hour FIA World Endurance Championship (WEC) and the Race Against Dementia led by champion driver Sir Jackie Stewart OBE, who returned to Japan 60 years after winning the Fuji 200 race to campaign for his charitable

Asia •

Bond markets aren’t buying the inflation-is-tamed fairy tale

TOKYO — Anyone betting that inflation risks are fading should look at the US Treasury market. The sharp selloff in Treasury Inflation-Protected Securities (TIPS) suggests the world’s biggest bond market is growing less convinced that price pressures are contained. Investors are

Asia •

Trump-Xi summit’s real test will come in the months ahead

For years, relations between Washington and Beijing seemed stuck on an escalation treadmill. Every quarter brought new semiconductor restrictions, naval jockeying in the South China Sea or retaliatory tariffs, locking the world’s two preeminent powers in an apparently

Asia •

Baptism of Houthi fire for Mecca mutual defense pact

When Saudi Arabia, Turkey and Pakistan agreed to a mutual defense pact in August, it was principally seen as a political commitment. The “Mecca alliance,” as it was dubbed, stipulated that an armed attack on one would be treated as an attack on all three, accompanied by deeper

Asia •