A littoral combat ship under construction at the Boustead naval shipyard in Lumut, Perak.

Malaysia’s Former Navy Chief Granted Discharge in LCS Scandal Amid Health Concerns

Malaysia’s former navy chief, Ahmad Ramli Mohd Nor, was granted a discharge not amounting to an acquittal (DNAA) on Wednesday (March 12) in relation to the controversial littoral combat ship (LCS) scandal. The decision was made by the Kuala Lumpur...
Philippine former president Rodrigo Duterte

Rodrigo Duterte’s Arrest and ICC Trial: A Turning Point for Philippines

Former Philippine president Rodrigo Duterte, whose brutal war on drugs defined his presidency, was arrested on Tuesday (March 11) upon his return from Hong Kong. The 79-year-old now faces charges of crimes against humanity at the International Criminal Court (ICC),...
Greenwich Stands with Tibet-- Tibetan National Flag Raised at Woolwich Town Hall

Greenwich Stands with Tibet: Tibetan National Flag Raised at Woolwich Town Hall

The Royal Borough of Greenwich reaffirmed its unwavering support for the Tibetan people on March 10, 2025, as Deputy Mayor Cllr. Linda Bird led the annual Tibetan national flag-raising ceremony at Woolwich Town Hall. This solemn yet powerful event, which...
Oils

Oil Prices Drop Amid Economic Fears and Tariff Uncertainty

Oil prices continued their downward slide for a second consecutive day as fears over economic growth, trade policies, and geopolitical tensions rattled global markets. Brent crude dropped to nearly $69 a barrel, following a 1.5% decline on Monday, while West...
Asian Financial Markets

Asian Markets Sink as US Selloff Deepens: Investors Fear Recession Amid Tariff War and Political Shakeups

Asian stocks fell for a third straight session on Tuesday, mirroring steep losses on Wall Street as mounting concerns over tariffs and government upheaval threatened economic growth in the United States. The Nasdaq 100 suffered its worst day since 2022,...
Japan

Japan’s Brokers Rethink Structured Loans, Regulatory Crackdown

Japan’s biggest investment banks are reconsidering their sales of structured loans after the Financial Services Agency (FSA) announced a broad clampdown on the $67 billion market. Concerns over risk management and transparency have prompted major brokerage firms to reassess their...
US Dollar - Chinese Yuan

Doubts Over US Exceptionalism Ease Pressure on China’s Yuan Defense

The People’s Bank of China (PBOC) is scaling back its active defense of the yuan as concerns over US economic strength and political uncertainty weaken the dollar. This shift is evident in the narrowing gap between the central bank’s daily...
Crude Oil Prices

Oil Prices Decline Amid Tariff Concerns and OPEC+ Production Plans

Oil prices fell for a second consecutive day in early trading on Tuesday as global markets reacted to U.S. trade policies and concerns over slowing economic growth. The drop came amid growing fears that tariffs imposed by the United States...
Nippon Steel

Japanese Firms Face Growing U.S. Hurdles as Break-Up Fees Surge in M&A Deals

Japanese companies seeking acquisitions in the U.S. are facing a new reality: higher termination fees to protect against regulatory and political disruptions. The shift comes after Nippon Steel’s $14.9 billion bid for U.S. Steel was blocked by the Biden administration...
North Korea Fires Ballistic Missiles

North Korea Fires Ballistic Missiles as U.S.-South Korea Military Drills Begin

North Korea launched multiple ballistic missiles into the Yellow Sea on Monday, just hours after denouncing a large-scale joint military exercise between the United States and South Korea. The missile tests add to rising tensions on the Korean Peninsula as...
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