Headlines

Hegseth claims ceasefire holds despite attacks on Iranian vessels

While assuring reporters that the ceasefire agreement reached last month between the Trump administration and Iran is holding, Defense Secretary Pete Hegseth on Tuesday said the American forces are acting “aggressively” in the Strait of Hormuz, where he said US Central Command

Asia

Trump, invite Xi to make Chinese cars in the US, with conditions

[Editor’s note: Urban Lehner has seen up close how this sort of situation plays out. He was the Wall Street Journal’s Detroit bureau chief in the 1980s when the Japanese were starting to make cars in the United States.] China is the world’s largest auto exporter. The Chinese

Asia

Chinese companies suing governments the world over

The Chinese-owned firm that operates the Port of Darwin isn’t happy about the federal government’s push to return it to an Australian owner. Now, the situation is escalating, with the stage set for an international legal showdown. The Albanese government has been in talks with

Asia

India-Bangladesh weigh political fix for diplomatic rift

Diplomacy, like commerce, runs on signals. When relations sour, the choreography of repair matters almost as much as the substance. In South Asia’s second most delicate bilateral equation, between India and Bangladesh, the recent shift in tone from New Delhi suggests a

Asia

Asia fracturing into energy security haves and have-nots

The US-Iran war is exposing a hard truth: Asia is a tiered system of energy access, where wealth determines resilience. Investors have for years treated Asia as a single growth engine. Capital flowed into the region on the assumption that, despite the clear, well-known

Asia