Headlines

US imposes new 25% tariffs on Brazil, expands exemptions list

July 15 - The U.S. has announced 25% duties on many imports from Brazil, while unveiling a broader-than-expected list of exemptions, reviving a trade war that could embroil dozens of countries around the world as the Trump administration reworks its tariffs policy, one of its

Asia

Bank of Korea picks a fight with US Fed’s AI inflation call

TOKYO — Bank of Korea Governor Shin Hyun-song ended a three-and-a-half-year rate freeze on Thursday, lifting the policy rate 25 basis points to 2.75% — the BOK’s first tightening move since January 2023. The timing makes this more than a routine adjustment. Shin appears to be

Asia

What China’s sub-launched missile test really signaled

This article first appeared on Pacific Forum and is republished with permission. Read the original here. According to Chinese media reports, at 12:01 pm on July 6, a People’s Liberation Army Navy strategic nuclear-powered submarine successfully launched a submarine-launched

Asia

Asia’s development moment demands big bets, not safe ones

There is a version of development work that looks responsible but accomplishes very little. It moves cautiously, funds what is already proven and prioritizes institutional comfort over urgency. As a region of staggering diversity, rapid change and compounding crises, Asia

Asia

As the yen sinks, Asia’s monetary anchor subtly shifts to yuan

In mid-June, Indonesian Finance Minister Purbaya Yudhi Sadewa spent two days in Beijing and flew home with more than pleasantries. China’s finance ministry and the People’s Bank of China pledged to fast-track approval of Indonesia’s debut panda bond, a renminbi-denominated

Asia