Ford-CATL deal exposes trade and tech war limits

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China’s Contemporary Amperex Technology Co (CATL) will join hands with Ford Motor Co to produce lithium-iron-phosphate batteries for electric vehicles (EVs) made in Michigan, a move the Fujian-based battery maker hopes will gain and maintain market share in the fast-growing industry. Ford, the second largest EV maker in the United States after Tesla, said on […]Continue Reading

New tech gives old spy balloons reason to stay afloat

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The US military has now shot down four high-altitude objects that had entered American and Canadian airspace, raising questions about their purpose and origin. The first of these objects, a Chinese balloon, was downed by a fighter jet on February 4. While China says it was for weather monitoring, US officials say it was being […]Continue Reading

In ‘new era’ of great power contestation, Budget 2023 aims to reposition economy, buttress households

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SINGAPORE: To reposition Singapore for a “new era” of global development, the Government will spend around S$104.2 billion to grow the economy, equip workers and build up the country’s collective resilience, while making immediate moves to help families and vulnerable Singaporeans cope with high inflation. Delivering the Budget 2023 speech in ParliamentContinue Reading

In ‘new era’ of power contestation, Singapore unveils S4.2b Budget to reposition economy, buttress households

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SINGAPORE: To reposition Singapore for a “new era” of global development, the Government will spend around S$104.2 billion to grow the economy, equip workers and build up the country’s collective resilience, while making immediate moves to help families and vulnerable Singaporeans cope with high inflation. Delivering the Budget 2023 speech in ParliamentContinue Reading

China, US must deflate ballooning controversy

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On the heels of their unending trade and technology wars of several years, the recent simmering controversy about a US Air Force F-22 fighter aircraft shooting down a Chinese high-altitude balloon off the coast of South Carolina on February 4 has become more complicated. This is because since then three more flying objects have been […]Continue Reading

Ueda the right choice for BOJ’s post-QE era

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TOKYO – Global markets are experiencing two firsts for Japanese Prime Minister Fumio Kishida. One, Kishida surprised the investment world for the very first time in 16 months leading Asia’s No 2 economy. Second, he appears to be making a smart staffing choice by favoring Kazuo Ueda to lead the Bank of Japan (BOJ). By […]Continue Reading

Will India save Russia’s Checkmate stealth fighter?

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Russia plans to invite India to join its beleaguered Su-75 5th generation stealth fighter project, whose development appears to be challenged by multiple factors. This month, Russian state media outlet TASS reported that the Russian delegation attending the 2023 Aero India International Airshow from February 13-17 plans to discuss potential cooperation with India in developing […]Continue Reading