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Defense Secretary Pete Hegseth on Saturday told allies in the Indo-Pacific that the U.S. has their back against increasing military and economic pressure from China, while insisting that they also contribute more to their own defense. Hegseth said the U.S. will bolster its defenses overseas to counter what the Pentagon views as rapidly developing threats … Read more
South Korea has once again postponed a decision on whether to approve Google’s request to transfer high-precision map data on the country’s geography to its international servers. In February, Google had requested approval from the Korean National Geographic Information Institute to deploy a 1:5,000 scale map on its app in the country and also transfer … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The top investor at Australia’s largest superannuation fund says the US will continue to dominate its new investments despite market chaos caused by tariffs, in a vote of confidence from one of the most active … Read more
Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. UK ministers are expected to reverse a technical element of Labour’s non-dom tax changes relating to money held in overseas bank accounts as they steer legislation to enact the October Budget through parliament. A provision … Read more
CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on Jan. 20, 2025. Saul Loeb | Via … Read more
Luckin Coffee—booted from the Nasdaq in 2020—has overtaken Starbucks in China revenue and store count. Read More
As millions of Americans gather together with loved ones to celebrate the Christmas holiday and ring in the new year, hundreds of thousands of American men and women in uniform will mark the holidays away from family in decidedly less festive corners of the world. As of June, 165,830 U.S. service members were on deployment across … Read more
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