ADB’s Emphasis on Critical Minerals Sparks Fear in Philippines
The transition to renewable energy has given the Asian Development Bank (ADB) an excuse for rekindling a relationship with an…
Global Growth Faces Durability Risks Into 2026, UN Agency Says
World economic activity will remain “subdued” next year amid trade uncertainty and geopolitical tensions that are restraining investment outside of…
Euro-Zone Inflation Edges Higher, Backing Steady ECB Rates
Euro-area inflation inched up, supporting the European Central Bank’s view that there’s little reason to lower borrowing costs further. Consumer…
Taiwan opposition blocks US$40 billion defence budget, prompting protests from ruling DPP
Taiwan’s opposition lawmakers have blocked a proposed NT$1.25 trillion (US$40 billion) special defence budget from being placed on the agenda…
China’s ‘dirt cheap’ hypersonic missiles could upend global defence markets
Chinese aerospace firm Lingkong Tianxing unveiled a hypersonic glide missile last week that has a range of up to 1,300…
US, UK agree to zero tariffs on medicines; UK commits to higher spending
The United States has announced a new trade deal with the United Kingdom that includes zero tariffs on pharmaceutical and…
Japan seeks to work with Saudi Arabia on rare earths amid China tensions
Japanese Prime Minister Sanae Takaichi on Monday called for Saudi Arabia to work with her country on the development of…
All eyes fixed on Putin’s India visit as Trump weaponizes trade
With the U.S. looking on, Russian President Vladimir Putin will visit India this week for talks with Prime Minister Narendra…
US to lower tariffs on South Korean autos to 15%
The U.S. will lower import duties on South Korean autos to 15% effective retroactively to Nov. 1 and match the…
ESA leaders greenlight $1.6 billion for new ‘non-aggressive’ space security initiative
The European Space Agency (ESA) has approved a new three-year, €1.35 billion ($1.6 billion) spending plan that for the first…