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The Tree at Panmunjom vividly revisits 1976 tensions

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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Welcome to Israel, Trump’s country

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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Wars and the oil blockades may be waiting for Xi’s party congress

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’s global buildout faces crucial capital efficiency test

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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Jio’s IPO seeks a tech multiple for old-school mobile business

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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Hot US inflation singes Asia as higher-for-longer Fed rates loom

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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Trump’s Ukraine policy swings back toward Moscow

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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China previews a world where the algorithm is switched off

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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Don’t let Musk and the billionaires buy America’s elections

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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The inflation conflagration is back and here to stay

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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What do North Korea’s sub missile tests really prove?

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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Attacking Trump, Zelensky showed lack of judgment

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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Rudolph Diesel was thinking of farmers when he invented his engine

When Rudolph Diesel disappeared in 1913, many suspected foul play. The prime suspects were Germany’s Kaiser Wilhelm II and US oil man John D. Rockefeller. Both would have had reason to want the inventor of the diesel engine dead. The militaristic kaiser was building a diesel-powered submarine fleet. He had no interest in other countries […]

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When the US slows down Starlink in Ukraine

The drone has become the signature weapon of the Russo-Ukraine war. On any day in Ukraine, tens of thousands of drones are out hunting the battlefield for targets. These could be individual enemy soldiers or vehicles, or they could be larger targets such as depots, headquarters, bridges or power plants. Yet, this drone war has […]

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Japan’s MMX space mission probes how Mars got its moons

The Earth got its Moon when a small planet collided with our planet more than four billion years ago. This impact hurled molten rock into space, which eventually coalesced to form the satellite we can see every night from across our planet. But what of our neighbor, Mars? The Red Planet has two small, irregularly […]

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Is the world pricing the risk of a US diesel export ban?

A spike in diesel prices is hammering broad sectors of the US economy – especially agriculture and shipping – and becoming a flash point ahead of the November 2026 midterm elections. This squeeze has prompted Republicans from hard-hit farm states to call for a ban on US diesel exports, with President Donald Trump reportedly weighing […]

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How Hollywood films have reimagined the South Asian epic Ramayana

American audiences will be able to watch an English-dubbed version of “Ramayana,” a Hindi film based on a South Asian epic tradition, in theaters in November 2026. The Sanskrit “Ramayana,” or “Journey of Rama,” is an epic poem that was composed sometime between 400 BCE and 400 CE. The epic follows Rama, an exiled prince […]

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How non-state alliances are reshaping the global order

Yemen’s civil war reignited in early October, as Saudi Arabia brought in Turkish and Pakistani military support to fight the Houthi rebels, who have governed much of northern Yemen as a de facto authority and waged a guerrilla war in the country since 2004. Having spent more than a decade fighting Saudi-led forces and enduring […]

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US banks on bunker-busting Tomahawks to crack China’s missile wall

The US Navy’s bunker-busting Tomahawk push reflects growing recognition from the Iran war that striking deeply buried missile sites protected by robust air defenses requires long-range standoff weapons. But the missile faces serious operational, logistical and escalation challenges against China. The US Navy plans to award Raytheon an exclusive, sole-source contract for low-rate initial production […]

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Why Chinese culture lands so fluently and freely in Vietnam

A recent ISEAS Fulcrum commentary by Hoang Thi Ha and Pham Thi Phuong Thao offers a useful mapping of how Chinese culture and economic opportunity are drawing in young Vietnamese. The authors are right that this bottom-up attraction is unfolding alongside renewed official promotion of people-to-people ties, and that long-standing sensitivities about China have not […]

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