South Korea's Foreign Minister Cho Hyun met with counterparts from Canada, Australia, and New Zealand in Manila to discuss expanding cooperation in economic security, energy, defense, critical minerals, and AI amid global geopolitical uncertainties.
British Steel's Scunthorpe plant, employing 2,700 people, has been taken into public ownership by the UK government after years of financial losses and a threat of closure by China's Jingye Group. The move aims to protect jobs and the UK's virgin steel production capability, despite China's opposition and Jingye seeking compensation.
The 16th India-Japan Annual Summit will focus on deepening collaboration in five economic security sectors: semiconductors, critical minerals, pharmaceuticals, clean energy, and ICT. The summit aims to advance supply chain diversification, building on previous dialogues and agreements.
Japanese Prime Minister Sanae Takaichi received a ceremonial welcome in New Delhi, where she was greeted by Prime Minister Narendra Modi. Takaichi is in India for a three-day visit to attend the 16th India-Japan Annual Summit, aiming to deepen cooperation in various strategic sectors.
Japanese Prime Minister Sanae Takaichi arrived in New Delhi for a three-day visit to attend the 16th India-Japan Annual Summit. The visit aims to strengthen the Special Strategic and Global Partnership, focusing on economic security, supply chains, technology, defense, and investment.
Japanese Prime Minister Sanae Takaichi arrived in New Delhi for a three-day official visit, set to meet PM Narendra Modi to discuss economic security, supply chains, and regional issues. The visit aims to strengthen cooperation between the two nations.
India and Japan are set to sign an agreement to enhance LNG supply security and strengthen economic ties during PM Modi and PM Takaichi's summit in India. Discussions will cover critical minerals, AI, semiconductors, and regional geopolitics, with Japan planning significant investments.
Australia faces economic pressures from inflation, high interest rates, and slowing demand, increasing public expectation for government support. Businesses report negative impacts from fuel prices, delaying investments and reducing workforces. An economist argues for realistic government intervention and greater entrepreneurial spirit.
South Korea and five Mekong River nations (Cambodia, Laos, Myanmar, Thailand, Vietnam) held a senior official-level meeting in Thailand to review cooperation projects and expand collaboration on transnational crimes, advanced technologies, and economic security.
Russian Foreign Ministry Spokeswoman Maria Zakharova stated Armenia must make a strategic choice between the Eurasian Economic Union (EAEU) and the European Union, citing risks to EAEU economic security from Yerevan's EU rapprochement and Prime Minister Nikol Pashinyan's evasive statements.
Italy and Japan are strengthening diplomatic ties, focusing on supply chains and technology cooperation. The leaders aim to reduce reliance on China for critical minerals and boost semiconductor manufacturing through joint ventures.
President Macron hosted PM Modi for talks, aiming to expand India-France strategic partnership. Key outcomes include an innovation roadmap, economic security dialogue, AI governance group, and a goal to double bilateral trade in five years. Defense, civil nuclear cooperation, and talent mobility were also discussed.
South Korea's Ministry of Planning and Budget and the Mid-to-Long-Term Strategy Committee held a meeting to discuss future policy directions for technological innovation, economic security, and supply chains, including ways to foster a respectful society and ease innovation bottlenecks.
Japan has obtained access to Anthropic's new AI "Claude-3" for economic security, including critical infrastructure and major banks. The AI will be used to enhance cyber defenses against sophisticated attacks.
Asia's NewSpace economy is shifting from scientific exploration to a strategic domain linked to sovereignty, economic security, and geopolitical competition. Commercial satellite systems and private launch industries are growing, making orbital infrastructure a key element in global power dynamics and national security.
Quad foreign ministers are set to announce measures to strengthen economic security and diversify supply chains, aiming to counter China's dominance in critical minerals. The meeting will also address energy security and maritime cooperation.
The Philippines has rejected a US request to place a new industrial hub in New Clark City under US jurisdiction. Officials stated no special arrangements will be made for the US regarding the hub, which is part of the Luzon Economic Corridor project involving the US, Japan, and the Philippines.
Kirill Dmitriev, Russian President's Special Representative for Investment and Economic Cooperation, stated on X that Germany lost its economic and energy security by abandoning its sovereignty. He linked this to the Nord Stream pipeline investigation.
China is accelerating the 'Six Nets' initiative, a strategic deployment encompassing water, power, computing, communication, urban underground, and logistics networks. This plan, highlighted in recent high-level meetings, aims to unlock domestic demand, boost investment, and enhance economic security. The initiative is expected to drive trillions in investment over the next five years, with over 7 trillion yuan allocated for this year alone.
The Open Society Foundations will invest $300 million to bolster economic security and defend civil liberties in the US, addressing what they see as an attack on the rule of law and rights rollback.
Japan’s prime minister touched down in Australia on Sunday with a set of shared anxieties – about Trump, China and the fragility of supply chains that the two insular nations have long relied upon – to which she sought some small relief. By the time she departed, Sanae Takaichi and Australian Prime Minister Anthony Albanese had signed an economic security pact, unlocked nearly US$1 billion in critical minerals funding and laid the groundwork for what observers describe as the most comprehensive...
Japan's Prime Minister Sanae Takaichi arrives in Canberra for a three-day visit focusing on defence, critical minerals and economic security. The visit underscores deepening Japan-Australia ties amid regional security concerns, with Australia purchasing Japanese naval vessels in a multibillion-dollar deal. Japan's defence minister Shinjiro Koizumi noted the Asia-Pacific security environment is "increasingly severe" and announced expanded cooperation including joint exercises and potential co-production of defence equipment.
Japan and Vietnam are set to agree to boost their partnership in economic security in leaders’ talks on Saturday, as Japan seeks to strengthen supply chains for critical resources amid its diplomatic spat with China and the Middle East crisis. As Tokyo looks to deepen ties with Southeast Asian nations with an eye to China’s increasing economic engagement with the region, Prime Minister Sanae Takaichi will also give a speech on Japan’s updated vision for its free and open Indo-Pacific policy...
The British Chambers of Commerce has urged the UK government to create an EU-style 'trade bazooka' to protect British economic interests from Trump's latest tariff threats. The lobby group, representing thousands of firms, said the UK's 'inadequate economic security' was putting growth and jobs at risk, calling for urgent action including new legislation with powers to impose duties, limit market access, and enhance investment scrutiny. The US is Britain's largest trading partner, accounting for about a fifth of global trade.
