DHAKA — Bangladesh President Mohammed Shahabuddin resigned Friday, citing serious health concerns, ending his tenure during the country’s continuing political transition following the 2024 uprising that removed former Prime Minister Sheikh Hasina from power. Mohammed Shahabuddin, 76, said he had been diagnosed with autonomic neuropathy, a neurological condition that can
Strategic assessment: Emergency oil stockpiles have helped several Asian economies manage disruptions associated with the Iran war. Continued risks to shipping through the Strait of Hormuz and the Red Sea are raising questions about how long those reserves may be required and how governments would respond to further interruptions. The
SEOUL — South Korea has unveiled one of the world’s most ambitious technology investment strategies, committing approximately $1 trillion toward expanding its semiconductor manufacturing, artificial intelligence infrastructure, and robotics capabilities in a sweeping effort to secure its position at the forefront of the global AI revolution. Announced Monday by President
TOKYO — The quantum industry has entered a new phase. At Q2B Tokyo 2026, the world’s leading conference focused on the commercialization of quantum technologies, the conversation was no longer centered on whether quantum computing will work. Instead, leaders focused on a more immediate question: how to create value from
Death Toll Expected to Rise After Powerful Quake Strikes Mindanao Hundreds of aftershocks continue to rattle the southern Philippines as rescue teams race to reach survivors trapped beneath collapsed buildings following a powerful 7.8-magnitude earthquake that struck off the coast of Mindanao. Officials have warned that the death toll is
A New Frontier for AI Infrastructure As artificial intelligence drives a global race to build more computing power, China has unveiled one of the most unconventional solutions yet: the world’s first offshore wind-powered underwater data center. The Shanghai Lingang Undersea Data Center, which entered operation in May, is located more
India is emerging as the latest battleground in a growing global confrontation over PFAS, or “forever chemicals,” as protests intensify over the relocation of a controversial European chemical plant to Maharashtra—raising urgent questions about how the world manages industrial risk in an era of tightening environmental regulation. According to reporting
The Government of Singapore and the World Bank Group have launched a new initiative aimed at accelerating the growth of high-integrity global carbon markets, positioning Singapore as one of the world’s emerging hubs for climate finance infrastructure. Announced during Innovate4Climate 2026, the new Singapore Carbon Markets Programme seeks to address
Pentagreen’s blended finance platform scales as the region searches for bankable climate solutions The race to finance Asia’s energy transition is accelerating, and Singapore is positioning itself at the center of the effort. Pentagreen Capital, the sustainable infrastructure financing platform established by HSBC and Temasek, announced the second close of
Japan’s historic shift away from decades of postwar restrictions on weapons exports is beginning to redraw the strategic and economic balance of Asia’s defense industry — with neighboring South Korea now facing the prospect of a powerful new competitor in the global arms market. The change marks one of the
