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Pentagon official asks Asian allies to invest more in defense to deter aggression

Pentagon official asks Asian allies to invest more in defense to deter aggression

A Pentagon official has urged Asian allies to invest more in their defense to deter regional aggression

Taiwan Urged to Strengthen US-Japan Ties Amid Security Concerns

Taiwan Urged to Strengthen US-Japan Ties Amid Security Concerns

In a recent dialogue held in Taipei, retired US Navy rear admiral Mark Montgomery emphasized the importance of Taiwan working closely with the US and Japan to enhance resilience against growing challenges. The event, co-hosted by the Formosa Republican Association and the Japan Forum for Strategic Studies, included political-economic policy simulation exercises aimed at improving trilateral cooperation. The discussions focused on ensuring interoperability among government elements to effectively manage crises such as natural disasters. Montgomery praised Taiwan's efforts in building societal resilience but stressed the need for international support. Japanese Representative Akihisa Nagashima highlighted the importance of maintaining parliamentary exchanges between Japan and Taiwan, despite the lack of formal diplomatic relations.

Taiwan condemns 'dangerous' planned Chinese navy drill with Indonesia to its east

Taiwan condemns 'dangerous' planned Chinese navy drill with Indonesia to its east

TAIPEI, Aug 12 (Reuters) - Taiwan's government has condemned "dangerous" planned Chinese navy drills with an Indonesian warship off the island's east coast, saying Beijing was trying to create a false impression to the international community that it controls those waters.

North Korea fires missile ahead of major US-South Korea drills

North Korea fires missile ahead of major US-South Korea drills

By Joyce Lee and Kyu-seok Shim SEOUL, Aug 12 (Reuters) - North Korea fired a ballistic missile on Wednesday toward the sea off the Korean Peninsula's east coast, South Korean and Japanese authorities said, days ahead of major joint military exercises by Seoul and Washington long denounced by

Taiwan, South Korea drive Asian equity outflows in July as AI worries bite

Taiwan, South Korea drive Asian equity outflows in July as AI worries bite

Aug 11 (Reuters) - Foreign investors sold Asian equities on a net basis for a ninth consecutive month in July, with heavy selling in Taiwan and South Korea as concerns over AI spending and chip demand weighed on the region's technology-heavy markets.

Marcos Urges ASEAN Unity Amid Global Crises

Marcos Urges ASEAN Unity Amid Global Crises

President Ferdinand Marcos Jr. called for strengthened cooperation among Southeast Asian nations to tackle conflicts, climate change, economic uncertainty, and the challenges posed by artificial intelligence. As ASEAN marked its 59th anniversary, Marcos emphasized the need for the region to prepare for a rapidly changing world. He highlighted the ongoing Middle East conflict as a reminder of how crises can disrupt stability and economies far beyond their origins. The Philippines, serving as ASEAN chair, aims to turn the ASEAN Community Vision 2045 into concrete action, focusing on energy and food security, and the safety of ASEAN nationals.

China missile test deepens Pacific divide over growing militarisation

China missile test deepens Pacific divide over growing militarisation

(Corrects dateline to Aug 11) By Lucy Craymer SUVA, Fiji, Aug 11 (Reuters) - China's test of a nuclear-capable missile last month has exposed the limits of Pacific leaders' ambition to make the region an "Ocean of Peace", free from the crossfire of major-power rivalry.

EM investment flows turn positive as equity exodus slowed, IIF says

EM investment flows turn positive as equity exodus slowed, IIF says

By Rodrigo Campos NEW YORK, Aug 11 (Reuters) - Foreign investors plowed nearly $19 billion into emerging-market portfolios in July, snapping two months of outflows as an equity exodus slowed sharply, data from a banking trade group showed on Tuesday.

Asia's Strategic Hedging and Economic Realignment Impact Global Trade

Asia's Strategic Hedging and Economic Realignment Impact Global Trade

Asia is experiencing a significant shift in its power dynamics, characterized by strategic hedging and economic realignment among its nations. Countries like Indonesia are diversifying their international alignments, balancing relationships with major powers such as China and the United States. Indonesia, under President Prabowo Subianto, is strengthening ties with China, its largest trading partner, while also maintaining significant defense cooperation with the U.S. and Japan. This approach reflects a broader trend in Asia where nations are not committing to formal alliances but are instead diversifying their partnerships to navigate the complex geopolitical landscape. This strategic hedging is accompanied by economic restructuring, as seen in the partial decoupling of supply chains and the emergence of new trade and investment patterns across the region.

Pentagon seeks plans to accelerate weapons production

Pentagon seeks plans to accelerate weapons production

The Pentagon has asked defense industry leaders for plans to speed weapons production as experts warn stockpiles have been depleted .

ASEAN Leaders Emphasize Unity and Dialogue to Address Global Challenges

ASEAN Leaders Emphasize Unity and Dialogue to Address Global Challenges

ASEAN Chair and Philippine President Ferdinand Marcos Jr. has called for unity and dialogue among ASEAN member states to navigate global political and economic uncertainties. Speaking during the 59th ASEAN Day celebration in Jakarta, Marcos highlighted the importance of cooperation to ensure regional stability and prosperity. He emphasized that ASEAN was founded on the belief that its peoples would be safer and more prosperous when facing the future together. The ASEAN Community Vision 2045, which marks its first year of implementation, focuses on energy security, food security, and the safety of nationals amid geopolitical tensions. Indonesian Foreign Minister Sugiono also underscored ASEAN's role as a bridge-builder in a world increasingly shaped by conflict and strategic rivalry. He stated that ASEAN should not become an arena for great power rivalry and must prioritize the welfare and security of its people.

China's Hypersonic Missiles Pose Strategic Challenge to U.S. in Taiwan Conflict

China's Hypersonic Missiles Pose Strategic Challenge to U.S. in Taiwan Conflict

China's development and deployment of hypersonic anti-ship missiles, such as the YJ-20, are enhancing its military capabilities in the first island chain, which includes Taiwan. These advancements are part of China's broader strategy to establish anti-access/area denial (A2/AD) capabilities, potentially diverting U.S. and allied naval forces in the event of a conflict over Taiwan. The YJ-20 missile, showcased in a recent military parade and now in mass production, exemplifies China's focus on modernizing its naval defenses to counter U.S. military presence in the region. This development is part of China's ongoing military modernization efforts aimed at narrowing the technological gap with the United States.