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WATCH: Chinese warships monitored anew on WPS

After China’s false claims of having conducted naval drills in Bajo de Masinloc (Scarborough Shoal), the Armed Forces of the Philippines (AFP) confirms monitoring Chinese warships last July 31 and Aug. 1, 2026. Rear Admiral Roy Vincent Trinidad, AFP spokesman for the West Philippine Sea on Aug. 4 confirmed sighting …

Original report

China solidifies global shipbuilding lead

CHINA reinforced its global lead in shipbuilding and offshore engineering in the first half of 2026, with new orders for oceangoing vessels surging 105.2 percent year on year, while the value of new offshore engineering equipment orders more than doubled, giving Chinese companies more than 80 percent of the global m…

Original report

Global Bond Market On Edge As Japanese Yields Soar After "Horrible" 10Y JGB Auction

While much of the market focus has fallen on the US long-end, which saw substantial pressure in the past week, sending 30Y yields to 5.27%, the highest level since 2007, it was Japan again which stole the show overnight. But first, recall that the primary tradeoff for the BOJ preventing it from raising rates and com…

Original report

Takaichi’s fiscal push could lift growth — and Japan’s already-rising interest bill

Japanese Prime Minister Sanae Takaichi has pushed forward with her plan to slash the consumption tax on food, which reportedly would be the first time the tax will be cut since its implementation in 1989 if she succeeds. On Tuesday, the ruling Liberal Democratic party advanced the bill through key committees, with N…

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