Headlines

Trump goes meekly as Democrats take Senate and House

Some key US Senate races haven’t yet been called, but as of late Tuesday, Democrats have flipped enough seats to secure majorities in both chambers of Congress—a clear rejection of President Donald Trump’s Republican Party by voters across the country. The decisive wins in the

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How China accidentally broke the West’s arms trade monopoly

As Russia has intensified its attacks on Ukraine’s energy infrastructure in recent months, the deployment of fiber-optic drones has proven devastatingly effective. The drones use hair-thin cables to maintain direct connections with operators, making them highly resistant to

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North Korean hackers perfected a playbook for the Binance heist

Binance’s US$6.4 billion theft by North Korean (DPKR) actors started with an all-too-common tactic for DPRK’s hacking teams: employment fraud. Chainalysis investigators have followed this strategy for years. It takes many forms; in the Binance case, DPRK workers lured their

Asia •

Asia’s US investment boom has a leadership problem

Japan committed to as much as US$550 billion of US investment and South Korea $350 billion, in return for capping US tariffs at 15%. By this autumn, Japan had identified projects worth up to $109 billion and Seoul was still deciding where its first investments would go. The

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Demography is destiny: China will grow old before it gets rich

LONDON—In March, China’s 15th Five-Year Plan named two population problems: “population aging and the decline in births.”¹ Both problems are already reshaping the Chinese household. By 2036, 29% of households will have a child at home and 18% will be headed by someone over 65.

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