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World famous for its cutting-edge electronics and automobiles, South Korea looks set to conquer new heights. According to the 2024 Military Strength Ranking, the country is now the fifth-ranked military power in the world, yielding only to the USA, Russia, China, and India.
“We’ll wait for the National Maritime Council to give us the appropriate guidance in terms of timing and other issues,” Defence Secretary Gilberto Teodoro told reporters on July 16. He said the decision would be made by the council and the foreign affairs department.
President Biden abandoned his bid for re-election yesterday, succumbing to intense pressure from the Democratic Party in a dramatic attempt to stop Donald Trump from returning to the White House. No sitting U.S. president has dropped out of a race so late in an election cycle. Follow our live coverage of reactions, endorsements and further developments.
China engaged in a monthslong drumbeat of anticipation that a Communist Party leaders’ meeting would show the way to a new era of growth for the slowing economy.
SHANGHAI -- The Chinese Communist Party on Sunday released a blueprint for long-term development, laying out the most comprehensive signals yet of how President Xi Jinping plans to reform the country as it faces slowing economic growth.
KYOTO, Japan -- Japanese motor maker Nidec will expand production of cooling modules for generative AI servers to China and the Philippines as early as this fall, aiming to develop the sector into a new profit driver.
The stock market is in a rough patch as of late while investors grapple with macro pressures, upcoming elections and geopolitical tensions.
A fault with an update issued by cybersecurity company CrowdStrike led to a cascade effect among global IT systems Friday, with industries ranging from banking to airlines facing outages.