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Keywords: Asia Pacific


Taiwan opposition halts record defense budget as Chinese rockets land closer to the island

Taiwan’s opposition parties have again blocked a sweeping defense spending plan, intensifying political deadlock at a moment of rising military pressure from China. Lawmakers from the Kuomintang and the Taiwan People’s Party used their combined legislative majority to prevent a special defense......

Japan says Chinese military drills near Taiwan are escalating tensions

Japan has expressed concern over recent Chinese military exercises conducted near Taiwan, warning that the drills are contributing to rising tensions in the region. Speaking to the media on Wednesday, a spokesperson for Japan’s Ministry of Foreign Affairs stated that the large-scale maneuvers,......

China and Russia strengthen military partnership with joint air patrol over East China Sea

China and Russia conducted a joint strategic air patrol over the East China Sea and the western Pacific, reinforcing their growing military cooperation amid rising regional tensions. According to China’s defense ministry, the flight formed part of the two nations’ annual cooperation plan......

Global stock markets rebound as Fed signals rate cut may be near

World equity markets surged at the start of the week as investors welcomed signals from the Federal Reserve that another interest rate cut could arrive as soon as December. Stocks in Asia-Pacific bounced back strongly on Monday after a volatile period, with South Korea’s Kospi advancing 1.13 percent......

Asia-Pacific markets fall on tech sell-off and fears of AI bubble

Asian stock markets declined sharply amid growing investor concerns over inflated valuations in the technology sector, particularly related to artificial intelligence (AI). Japan's Nikkei 225 dropped nearly 1.8%, closing just below......

Xi calls for multilateralism at APEC summit as Trump skips regional forum

Chinese President Xi Jinping positioned Beijing as a champion of multilateral cooperation during the APEC CEO Summit in South Korea, delivering a written speech that highlighted China’s role as a key driver of global economic growth. In contrast, U.S. President Donald Trump opted to boycott the......

Trump's visit to Japan sets stage for pivotal talks with Xi

Donald Trump arrived in Tokyo on Monday evening, commencing a high-stakes diplomatic mission that will culminate in his first face-to-face meeting with Chinese President Xi Jinping since resuming office. The visit comes at a critical juncture in U.S.-China relations as both nations strive to de-escalate......

Global air passenger traffic sets new record in 2024

In 2024, global air passenger traffic reached a historic high, with a year-on-year increase of over 10% and around 4% growth compared to 2019, the pre-pandemic reference year, according to the International Air Transport Association (IATA). The total for 2024 amounted to 4.89 billion passenger kilometers,......

UK Joins Trans-Pacific Trade Bloc A Strategic Leap Post-Brexit  

The United Kingdom officially became the 12th member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Sunday. This milestone marks a significant step in the UK's post-Brexit strategy to deepen economic ties in the Asia-Pacific region and expand its global trade......

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