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Indonesia defence minister Prabowo signals another run for presidency

JAKARTA (REUTERS) – Indonesian Defence Minster Prabowo Subianto has registered his political party for the 2024 national election, signalling what analysts say is a likely third presidential bid for one of the country’s most controversial politicians. Mr Prabowo lost to incumbent Joko “Jokowi” Widodo in 2014 and 2019 elections, but with Mr Widodo limited to […]

Philippines’ growth momentum cools in the second quarter as inflation soars

MANILA (REUTERS) – The Philippine economy’s recovery momentum slowed in the second quarter amid high inflation. But the government is confident this year’s growth target remains achievable, giving the central bank leeway to further tighten policy to curb price pressures. Gross domestic product (GDP) was 7.4 per cent higher in the June quarter than a […]

Japan’s Kishida likely to move trade minister, retain finance in reshuffle: Media

TOKYO (REUTERS) – Japanese Prime Minister Fumio Kishida is likely to appoint Industry Minister Koichi Hagiuda to a position outside the Cabinet, while retaining his current finance and foreign ministers in a reshuffle expected this week, media said. Mr Koichi Hagiuda, the minister of economy, trade and industry, is likely to be appointed chairman of […]

Taiwan says China economic ties make more sanctions unlikely

TAIPEI (BLOOMBERG) – China’s economic measures against Taiwan are unlikely to have a major impact on trade between the two economies given how closely they’re intertwined, a finance ministry official said. The electronics industries in both economies are “highly dependent on each other”, and Taiwan is China’s biggest source of imported integrated circuits, Beatrice Tsai, […]

Taiwan begins live-fire artillery drill simulating defence against China attack

PINGTUNG (AFP, REUTERS) – Taiwan’s military held a live-fire artillery drill on Tuesday (Aug 9) simulating a defence of the island against an attack after days of massive Chinese military exercises, an AFP journalist at the site of the exercise said. China launched its largest-ever war games around Taiwan last week in a furious response to […]

Thai poll shows majority want PM Prayut to leave office this month

BANGKOK (REUTERS) – Nearly two-thirds of people in Thailand want Prime Minister Prayut Chan-o-cha to leave office this month, according to an opinion poll, which comes amid growing debate about how long the 2014 coup architect should stay in power. Thailand’s opposition plans to petition the constitutional court to decide whether Mr Prayut’s time as […]

Military drills in ‘our own waters’ open, transparent: China foreign ministry

BEIJING (REUTERS) – The Chinese Foreign Ministry said on Monday (Aug 8) that Taiwan is part of China, and China is conducting normal military exercises “in our own waters” in an open, transparent and professional way. The relevant departments have also issued announcements in a timely manner, and this is in line with both domestic […]

Air traffic around Taiwan returning to normal despite new Chinese drills

TAIPEI (REUTERS) – Air traffic around Taiwan is gradually returning to normal after airspace surrounding the island reopened, Taiwan’s Ministry of Transportation and Communications said on Monday (Aug 8), although China later announced fresh military drills in the area. China last week deployed scores of planes and fired live missiles near during military exercises sparked […]