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Singapore’s developers are taking hits as China’s property downturn drags into another year, with declining rents, emptier buildings and falling values weighing on their results. But analysts say Beijing’s huge market and recent policy support mean most investors are unlikely to pull back entirely, instead becoming far more selective about where they invest. Recent earnings…
The US-Iran war has reached the Indian Ocean. The sinking of the Iranian navy frigate IRIS Dena, reportedly struck by a US submarine about 40 nautical miles south of Galle, Sri Lanka, has pushed the confrontation far beyond its traditional arena in the Persian Gulf. Iranian naval sources and regional security analysts say the vessel…
A US submarine sank the Iranian frigate IRIS Dena off the southern coast of Sri Lanka on Wednesday, killing 87 people. The submarine struck the ship with a torpedo, US Defense Secretary Pete Hegseth said, resulting in “quiet death”. The event marks the first time a US submarine has launched a torpedo in combat or…
China has perfected the role of concerned onlooker as the Middle East conflict spreads across the region. Situated some 4,200 miles (6,800 kilometers) away from the action and with no direct role in the conflict, Beijing has a little more breathing room to work out the calculus on how the US-Israeli attack on Iran affects…
The Hong Kong women’s football team made it home safely on Friday night after several anxious days stranded in Dubai following the US-Israel attacks on Iran, with members expressing relief at their return but disappointment about having to withdraw from a tournament. Twenty-seven players and staff landed in Hong Kong via Bangkok, where they had…
Indonesia could face a sharp fiscal squeeze if the US-Israel war on Iran pushes oil prices higher, analysts warn, as this risks inflating the country’s fuel subsidy bill at a time when global ratings agencies and investors are already scrutinising Jakarta’s budgetary discipline. A prolonged war could force policymakers into a difficult choice: maintain fuel…
Reports that Washington could redirect some US military assets from South Korea to the Middle East have stirred unease in Seoul, reviving concerns that a crisis elsewhere could thin deterrence on the Korean peninsula. Analysts said a redeployment of missile-defence systems could leave South Korea feeling vulnerable to North Korean “adventurism” and signal Washington’s “shifting…
The American people are bitterly divided over the conflict in Iran. The US president, Donald Trump, won office in 2024 after campaigning on a message of “no new wars.” So the conflict that began with airstrikes conducted with the Israeli military in the early hours of February 28, and which has quickly spread to the…
After Israel’s unprecedented use ofartificial intelligenceto select bombing targets inGaza, experts are now sounding the alarm regarding what one analyst on Thursday called a lack of human supervision over Israeli AI targeting in Iran. “Similarities between Israel’s bombing ofGazaandTehranare growing stronger,” Quincy Institute for Responsible Statecraft executive vice president Trita ParsisaidThursday on X. “In both…
Chinese Vice-Premier Ding Xuexiang has acknowledged it is no “easy task” to truly implement Hong Kong’s executive-led governance system, stressing that it must be a “shared responsibility” of the legislative and judicial branches and society as a whole. But Ding, the head of the Central Leading Group on Hong Kong and Macau Affairs, said an…
