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Increase defence spending to counter China? Why US’ call is ‘difficult to sell’ in Southeast Asia
analysis Asia Increase defence spending to counter China? Why US’ call is ‘difficult to sell’ in Southeast Asia Washington’s call for Asian allies to spend 3.5 per cent of GDP on defence is untenable given competing needs in infrastructure, healthcare and education, analysts say. KUALA LUMPUR: It is "completely unrealistic" for Southeast Asian countries to heed the United States' call of boosting defence spending to counter China's growing power, analysts say, as the region prioritises...
South Korea Q1 GDP grows 1.8% q/q, stronger than advance estimate
South Korea Q1 GDP grows 1.8% q/q, stronger than advance estimate SEOUL, June 9 : South Korea's economy grew in the first quarter at a stronger pace than previously estimated in April, revised central bank data showed on Tuesday. Gross domestic product grew 1.8 per cent in the January-March quarter from the preceding three months, faster than the 1.7 per cent increase estimated earlier, according to the Bank of Korea. Asia's fourth-largest economy grew 3.8 per cent from a year earlier,...
Future jet stream changes could ease drying across Asian drylands
Future jet stream changes could ease drying across Asian drylands Lisa Lock Scientific Editor Robert Egan Associate Editor Mid-latitude Asian drylands, stretching from Central Asia to northern China, are among the largest dryland systems in the world. Home to extensive agricultural activities and fragile ecosystems, the region is highly vulnerable to climate change and water scarcity. A thermodynamic perspective suggests that global warming will intensify dryness in arid regions, following...
Cyprus and Kazakhstan deepen ties with agreements, flights and investment plans
Five cooperation agreements were signed during the first visit by a Cypriot president to Kazakhstan. The talks focused on trade, investment, transport and digital development, while new direct flights and diplomatic initiatives aim to strengthen links between Europe and Central Asia. Cyprus and Kazakhstan signed five cooperation agreements and pledged to deepen economic ties during the first official visit by a Cypriot president to Kazakhstan, as the two countries opened embassies...
Delta resumes direct Hong Kong-US flights despite higher fuel costs
United States carrier Delta Air Lines has resumed direct flights to the city after the pandemic, launching a daily Hong Kong-Los Angeles service amid surging fuel prices. Jeff Moomaw, the airline’s vice-president for Asia-Pacific, said on Monday that it would take some time to increase services connecting the city to more destinations as the carrier remained focused on current demand. “Our focus right now is making sure that this flight is a success,” Moomaw said.
India's viral 'Cockroach' party has millions of followers. What investors need to know
A youth political movement in India that has gone viral on social media — and that has a cockroach as its mascot — will face its first offline popularity test on Saturday as it plans a protest in New Delhi. Within weeks of its launch in mid-May, the Cockroach Janta Party (CJP) amassed over 22 million followers on Instagram. The pseudo-political CJP was launched on May 16 by political communications strategist and Boston university student Abhijeet Dipke in response to comments by India's...
Iran’s proxies moving towards ‘violent gig economy’, but no imminent threat to Southeast Asia: Expert
Iran’s proxies moving towards ‘violent gig economy’, but no imminent threat to Southeast Asia: Expert While there are no reports of Iran-linked “violent gig economy” activities in Southeast Asia, “well-to-do” societies may be more vulnerable to threats, says a counterterrorism expert at a dialogue in Singapore. Iran’s proxy groups may be moving towards what can be described as a “violent gig economy”, with a shift from traditional militant cells to global external operations that are more...
100 days of the Iran war: How global markets and the economy have been affected, in charts
Sunday marks 100 days since the war in the Middle East began, and the conflict continues to drive substantial volatility across all asset classes in every region of the world as a lasting peace deal remains elusive. Negotiations between the U.S. and Iran have stagnated, with Washington and Tehran sending mixed messages on the state of peace talks and both sides periodically exchanging bouts of military attacks. Nevertheless, a fragile ceasefire remains in place to allow for diplomacy to take...
El Nino will 'pour fuel on the fire' as India experiences deadly heatwave
UN warns countries to prepare for moderate to strong El Nino amid deadly heatwave in India Wed 3 Jun 2026 at 1:41am In short: Temperatures in India have soared above 45 degrees, sending power usage to record levels as people try to stay cool. The deadly heatwave has also forced schools to close, people to take days off work and farmers to work at night.
100 days into Iran war: How rising costs are hitting consumers and businesses in Southeast Asia
100 days into Iran war: How rising costs are hitting consumers and businesses in Southeast Asia As the war on Iran marks its 100th day on Monday (Jun 8), CNA looks at how the geopolitical crisis is filtering into everyday life across the region. SINGAPORE: More than three months into the war on Iran, the aftershocks from disrupted Middle Eastern energy and shipping routes are being felt far beyond the oil market, from road construction sites in Malaysia to food and beverage operators in...