Australia to increase missile defence and long-range strike capability as the Asia Pacific region enters the ‘missile age’. Australia will increase its missile defence capability after China’s test of an intercontinental ballistic missile (ICBM) in the South Pacific raised “significant concerns” and as the Asia Pacific region enters a “missile age”. Australia plans to increase…
By Rae Wee SINGAPORE (Reuters) – Asia shares eased on Wednesday on the back of weakness in China, as investors brace for a tightly contested U.S. election that could have huge ramifications for the world’s second-largest economy, even as Beijing tries to shore up growth. Gold rose to an all-time high as jitters over the…
Welcome to our guide to the energy and commodities markets powering the global economy. Today, reporter Dan Murtaugh explains China’s rising electricity demand and what that means for its green goals. Meanwhile, US tax breaks are funding China’s dominance in solar. To get this newsletter in your inbox, you can sign up here. Surging Chinese…
TOKYO (AP) — Japanese Prime Minister Shigeru Ishiba’s ruling party and its junior partner lost their majority in Sunday’s parliamentary election. The loss, much bigger than expected, is bad news for a leader who’s only been in power for a month. It’s largely a reflection of voters’ anger at the repeated financial scandals that have…
Tokyo, Japan Jackyenjoyphotography | Moment | Getty Images Asia-Pacific markets traded mixed in spite of gains on Wall Street as investors looked toward a slate of megacap technology earnings to keep propelling the Nasdaq Composite to new heights this week. Japan’s Nikkei 225 added 0.68%, extending gains from the day before. This comes after the ruling Liberal…
Japan risks entering a renewed phase of policy stasis just as the world prepares for the possible return of Donald Trump to the White House — and the pressure that would bring on key US allies. An election on Sunday left Japan without a clear winner for the first time since the 1990s, all but…
Global shares climbed up on Monday, buoyed by a weakened yen and the fallout from Japan’s recent parliamentary elections, which saw the ruling party lose its majority in the lower house. In Europe, France’s CAC 40 rose 0.7 percent to 7,552.94, while Germany’s DAX went up by half a percent to 19,549.65. The UK’s FTSE…
TOKYO (AP) — Global shares rose Monday, as the yen dipped in the midst of political uncertainty after Japan’s ruling party lost its majority in Parliament’s lower house in weekend elections. France’s CAC 40 edged up 0.7% in early trading to 7,552.94, while Germany’s DAX rose 0.5% to 19,549.65. Britain’s FTSE 100 added nearly 0.2%…
Japan’s Prime Minister Shigeru Ishiba has vowed to stay on and stabilize the political situation after the ruling party’s worst electoral result since 2009. While he is expected to continue as premier for now, he may yet not survive a leadership vote due within 30 days in parliament, and even if he does it’s unclear…
TOKYO (AP) — Asian shares rose Monday, as the yen dipped in the midst of political uncertainty after Japan’s ruling party lost its majority in Parliament’s lower house in weekend elections. In currency trading, the U.S. dollar rose to 153.76 Japanese yen from 152.24 yen. It was trading at 140-yen levels last month. The euro…