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SEOUL -- South Korea's SK Group aims to come up with 80 trillion won ($56 billion) by 2026 to invest mainly in artificial intelligence and semiconductors, as it looks to secure its chipmaking unit's position as the key supplier of advanced memory to Nvidia and other AI players.
Fred Fleitz, a former top Trump security official, arrived in Seoul this week in an apparent bid to assuage Korean fears, denying in local media interviews that Trump had threatened to withdraw US troops unless Seoul paid billions of dollars more.
Japan and Philippines' defense pact signed on Monday seeks to counter China's increasing aggression in the region and create deterrence that goes beyond reliance on the U.S., experts told CNBC.
The strategic patience of the major global powers allowed North Korea to become a de facto nuclear-weapons state in the 2010s. Throughout, China merely observed.
WASHINGTON -- The leaders of Japan, South Korea, Australia and New Zealand met with NATO members on Thursday for the third consecutive year, underscoring deeper connectivity between Euro-Atlantic and Indo-Pacific security.
MANILA, Philippines (AP) — The United States on Friday renewed its call on China to stop its aggressive actions in the South China Sea, saying a broader web of security alliances has emerged to preserve the rule of law in the disputed waters.
KATHMANDU, Nepal (AP) — Nepal’s second largest party withdrew from the government Thursday to join its longtime rival in a new coalition, as pressure builds on the prime minister to resign.
India’s beleaguered Paytm has secured approval from a government panel that oversees investments linked to China to invest 500 million rupees (US$6 million) in a key subsidiary, three sources with direct knowledge of the matter said.