Samsung rings the alarm for electronics sales

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SEOUL – The long, happy times enjoyed by the electronics sector are coming to an end, if a Friday alert published by industry colossus Samsung is any indication. According to an earnings guidance published today, the company anticipates consolidated sales of approximately 76 trillion won ($53.7 billion) and operating profits of 10.8 trillion ($7.6 billion) […]

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Top lawyer who busted Najib faces vengeful legal fire

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Newly appointed Malaysian Attorney General Tommy Thomas. Photo: Youtube

SINGAPORE – Tommy Thomas, the lawyer who set in motion the landmark prosecution and ultimate imprisonment of an ex-prime minister for massive corruption, could be regarded as Malaysia’s most consequential attorney-general. But a new government probe into a book he published about his time as the nation’s top prosecutor is widely seen as a setback […]

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US looks on while China takes the Gulf digital

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The US-China strategic rivalry extends to the struggle for control over the digital economy — particularly digital infrastructure and technological innovation. China’s digital economy is among the most vibrant in the world, ranking second globally in 2021 at US$7.1 trillion. And it has become a crucial part of the relations between China and Gulf states including Bahrain, […]

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What’s driving Russia-Iran energy cooperation

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As Europe prepares for a winter without Russian gas, the Kremlin is looking to move its natural gas sales further to the east. Although China and India remain Moscow’s most important export destinations in Asia, Russia seems to have found a new buyer – the Islamic Republic of Iran.  Why would a country that holds […]

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Mad cop shooting tragedy shakes Thailand to the core

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BANGKOK – Children lay napping after eating lunch on a rainy day in their childcare center in northeast Thailand, but their dreams soon became the gruesome nightmare of Thailand’s deadliest mass killing of civilians by a lone gunman. Prime Minister Prayut Chan-ocha reportedly plans to fly to the small town on Friday (October 7) to […]

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A dream? The Palestinian Republic of Gaza 

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There is hardly a conflictual environment in the Middle East that is not subject to foreign input. And among these, the Gaza conundrum stands out as one of the prime examples. The Gaza conundrum in essence has two components. The first is that the territory is not self-sufficient. With some 80% of its population aid-dependent, […]

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Huawei’s new chip supplier draws US attention

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A startup set up by a former Huawei executive in Shenzhen has drawn Washington’s attention as it will reportedly supply chips to US-sanctioned Huawei Technologies. Established in June 2021, Shenzhen Pengxin Micro Integrated Circuit Manufacturing Co Ltd will receive its ordered chip-making machines next year and start producing 28 nanometer (nm) chips in 2025, media reports said.  […]

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North Korea trapped in an endless end-game

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SEOUL – To nobody’s surprise, North Korea test-fired two short-range ballistic missiles into the Sea of Japan at dawn Thursday, in what state media called a response to South Korea-US drills in the region. It is part of a high-speed cycle of action and reaction that has elevated tensions across the region in recent days […]

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Global margin call hits European debt markets

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Risk gauges in Germany’s government debt market rose last week to levels higher than recorded in the 2008 world financial crash, as margin calls forced the liquidation of derivatives positions held by banks, insurers and pension funds. Big institutional investors that spent the past ten years insuring their portfolios against falling interest rates now face […]

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Putin’s nuclear threats as Cuban Missile Crisis 2.0

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The United States and the Soviet Union came dangerously close to war in October 1962 during the Cuban missile crisis. Just ahead of its 60th anniversary, Russian president Vladimir Putin is issuing nuclear threats following the unexpectedly poor performance of his troops in Ukraine. The invasion poses a new kind of challenge to European security, […]

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