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Fumio Kishida - Ferdinand Marcos-Junior - Yoko Kamikawa - Minoru Kihara - Gilberto Teodoro - Kyodo - Enrique Manalo - Philippines, Japan near reciprocal troops deal in move to counter China - scmp.com - Japan - China - Usa - Philippines -  Manila - Britain - Washington - Australia

Philippines, Japan near reciprocal troops deal in move to counter China

Philippine defence secretary Gilberto Teodoro said on Thursday that there is a “very strong possibility” for his country and Japan to sign an agreement allowing their defence forces to train in each other’s territories during a meeting involving the two nations’ foreign and defence ministers in July.

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Red Sea - Lori Ann LaRocco - Sudden container crunch sends ocean freight rates soaring, setting off global trade alarm bells - cnbc.com

Sudden container crunch sends ocean freight rates soaring, setting off global trade alarm bells

A perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates.

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Bloomberg - Najib Razak - Reuters - Malaysia’s 1MDB sues PetroSaudi executive, seeking US$1.83 billion - scmp.com - Usa - Malaysia - Britain - Saudi Arabia -  Kuala Lumpur - Switzerland

Malaysia’s 1MDB sues PetroSaudi executive, seeking US$1.83 billion

Troubled Malaysian state fund 1MDB has sued Petrosaudi International Ltd.’s executive Patrick Mahony for US$1.83 billion over a 2009 joint venture with the oil exploration firm.

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Nikkei staff writer - AKANE OKUTSU - COP29 host urges funding and transparency for 1.5-degree target - asia.nikkei.com -  Tokyo - Azerbaijan

COP29 host urges funding and transparency for 1.5-degree target

TOKYO -- Increasing funding and transparency are key for enabling action to keep global warming below 1.5 degrees Celsius from pre-industrial levels, Yalchin Rafiyev, the chief negotiator of the presidency for the 29th United Nations Climate Change Conference, told Nikkei Asia on Wednesday.

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Top Japan firms agree 5.58% average pay hike, business lobby says - asia.nikkei.com - Japan -  Tokyo

Top Japan firms agree 5.58% average pay hike, business lobby says

TOKYO (Reuters) -- Top Japanese companies agreed to wage increases of an average 5.58% at annual labor talks that wrapped up in March, the Keidanren business lobby's preliminary data showed on Monday, representing the heftiest pay rise in 33 years.

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Ranil Wickremesinghe - Dimuthu Attanayake - India sees a chance to make Sri Lanka ‘a virtual province’ amid its rivalry with China - scmp.com - China - Usa - India - Sri Lanka

India sees a chance to make Sri Lanka ‘a virtual province’ amid its rivalry with China

Among the recent high-profile deals involving Indian companies was a 20-year power purchase agreement with Adani Green Energy, a subsidiary of India’s Adani Group, announced by Sri Lankan President Ranil Wickremesinghe earlier this month.

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Kim Jong Un - North Korea test-fires a ballistic missile a day after US and South Korea had a fighter jet drill - apnews.com - Usa - South Korea - North Korea -  Seoul, South Korea

North Korea test-fires a ballistic missile a day after US and South Korea had a fighter jet drill

SEOUL, South Korea (AP) — North Korea fired a ballistic missile off its east coast on Friday, South Korea’s military said, a day after South Korea and the U.S. flew powerful fighter jets for a joint drill that the North views as a major security threat.

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U.S. questions China's no-first-use nuclear call given buildup - cnbc.com - China - Taiwan - Usa - Russia -  Beijing - Washington

U.S. questions China's no-first-use nuclear call given buildup

China has not responded to U.S. nuclear-weapons risk-reduction proposals and Washington has questions about Beijing's call for no-first-use talks while China continues to build up its arsenal, the top U.S. arms control official said on Wednesday.

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