Jeffrey Miller’s newest novel, The Tree at Panmunjom, begins in the summer of 1976, as a soldier fresh out of basic training named Bill Davis arrives in South Korea and finds himself assigned to Camp Kitty Hawk just before serving a tense 24-hour shift at the nearby Demilitarized Zone’s Joint Security Area.  On arrival at […]

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TEL AVIV — There is one country on earth where Donald Trump could plausibly win a national election, and he knows it. “I could run for Prime Minister,” he joked in May, claiming 99% approval here. No poll has ever shown that. But the joke landed because it is only half a joke. Thirteen days before […]

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Just as Vladimir and Estragon waited for Godot in Beckett’s famous play, the world may now be waiting for Xi Jinping in the present political drama. America is stuck in two wars. In Ukraine, it would like to reach a compromise with Russia. In the Middle East, it is trying to bring down Tehran’s regime, […]

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TSMC expects overseas manufacturing to reduce its consolidated gross margin by nearly two percentage points in 2026, with the impact widening to three to four points later in its expansion program. The company plans to spend $60 billion to $64 billion on capital expenditure this year. Its latest outlook calls for fourth-quarter revenue of up […]

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India’s largest initial public offering (IPO) opens October 21, and investors in Tokyo, Singapore and Hong Kong are being asked a simple question: What is a Jio customer’s monthly bill worth? Jio Platforms, the Reliance-owned mobile carrier with some 524 million India-based customers, is selling 270 million new shares at 1,065 to 1,119 rupees each […]

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TOKYO — An unwelcome blast of US inflation is blowing across Asia’s markets. September’s hotter-than-expected price data revived concerns that the Federal Reserve will keep rates higher for longer, threatening fresh pressure on currencies, capital flows and economic growth across the region.

Last month’s 3.7% year-on-year increase in consumer prices didn’t just exceed forecasts. It ensured the Fed is on an even bigger collision course with both the bond market and US President Donald Trump’s White House. It’s arguably the last thing both Trump and US Federal Reserve Chairman Kevin Warsh wanted to see less than three weeks ahead of the mid-term elections.

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Subscribe now with a one-month trial for only $1, then enjoy the first year at an exclusive rate of just $99. China’s industrial rise fuels Japan’s machine tool boom Scott Foster reports that surging Chinese industrial demand is helping drive a record boom in Japanese machine tool orders, particularly at the high end where China still […]

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The Australian government has introduced its digital duty of care legislation to parliament today. The bill includes an “off switch” to allow social media users to opt out of recommender algorithms. If passed, Australians could choose to switch off their algorithmic recommendation and consume a news feed populated by the accounts they subscribe to. It’s […]

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On a recent episode of the Bulwark podcast, journalist Ron Brownstein described the election as a contest between “the wave versus the wall.” The wave being voter anger and President Donald Trump’s plummeting popularity. The wall being structural impediments to voters’ voices, such as gerrymanders and the Republican Party’s stark spending advantage. Now we know […]

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Two years ago, central bankers on three continents all but declared victory over inflation. Markets took them at their word, and plenty of investors built their portfolios on the assumption that the price surge of 2022 was behind us. That assumption was wrong, and the consequences are now showing up in almost every major economy […]

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North Korea’s recent underwater launch of strategic cruise missiles underscores its accelerating drive to field a survivable, sea-based nuclear deterrent, even as significant engineering hurdles and platform limitations continue to constrain its naval ambitions. North Korea test-fired two types of submarine-launched strategic cruise missiles into the Sea of Japan, marking its first public underwater cruise […]

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Ukrainian President Volodymyr Zelensky’s harsh words about US President Donald Trump were an emotional response after Zelensky deliberately thwarted Trump’s request that Ukraine not strike Russian refineries. Unfortunately Zelensky is making matters worse, and Ukraine’s future is now in doubt. Ukraine targeted two Russian oil refineries, according to Russian Deputy Prime minister Aleksandr Novak. The […]

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