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The US Navy’s new budget-friendly maritime strike weapon program aims to replenish dangerously depleted stockpiles of long-range strike munitions in a potential Taiwan conflict by leveraging the production capabilities of crucial allies including Japan and Australia.
BEIJING (Kyodo) -- China expressed its "strong dissatisfaction and firm opposition" on Friday to a joint maritime drill conducted by the coast guards of Japan and Taiwan, saying Beijing has lodged a protest with Tokyo over the exercise.
GUANGZHOU/PARIS -- Chinese lifestyle goods retailer Miniso says it expects to derive a majority of its revenue from abroad in the next five years as it accelerates store openings amid rising trade barriers and a slowdown in growth at home.
The Communist Party of China has sent a message of condolence to its Vietnamese counterpart for the death of its chief Nguyen Phu Trong, state media reported on Friday.
HO CHI MINH CITY -- Nguyen Phu Trong, the Vietnam Communist Party (VCP) chief who ushered in an era of strong ties with the U.S., kept rival China happy, and mounted a historic crackdown on corruption in the fast-growing economy, died Friday due to "old age and serious illness," the government said on its website. He was 80.
The CrowdStrike software bug that crashed Microsoft operating systems and caused the largest IT outage in history caused disruptions at U.S. and global ports, with highly complex air freight systems suffering the heaviest hit, according to logistics experts, as global airlines grounded flights.
TOKYO -- Japanese online marketplace Mercari has laid off nearly half of the employees from its U.S. subsidiary, Nikkei has learned, as it struggles with falling sales and competition from low-price Chinese e-commerce rivals like Temu.
MILWAUKEE -- U.S. presidential candidate Donald Trump's search for a running mate came down to three finalists: Marco Rubio, a senator from Florida; Doug Burgum, the governor of North Dakota; and J.D. Vance, a senator from Ohio.