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Seoul opens door to NATO-wide joint defense procurement market

For over a decade, I’ve navigated the complexities of North Korean affairs, security, and foreign policy from both Seoul and Washington, D.C. As the National Desk Political Team Lead, I track the pulse of geopolitics, closely following developments from the Unification Ministry and the Foreign Ministry. My mornings …

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[Mark Gongloff] The rise of a $10tr industry

An old knock on renewable energy and other planet-friendly endeavors is that they can’t stand on their own without financial props from the US government. Ironically, it took the second presidency of Donald Trump, in which that support has turned to mule kicks, to kill this trope once and for all. Not only can the g…

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Stellar 3Y Auction Stops Through Even As Yields Hit 1 Month High

With yields blowing out today as they followed the sharp increase in oil prices after Iran struck no less than 3 ships crossing the Hormuz Strait (with a Trump response sure to follow), we doubt there was much focus on today's 3Y auction. Which is unfortunate because despite the selloff in the secondary market, the …

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​PEZA OKs 2 IT-BPM investments

THE Philippine Economic Zone Authority (PEZA) on Tuesday said it has approved two information technology and business process management (IT-BPM) projects worth more than P460 million that would boost the country’s export services sector and create nearly 350 jobs.

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Holding the Fed course steady

KOTA KINABALU — The United States Federal Reserve (the Fed, America’s central bank) concluded its mid-June meeting of the Federal Open Market Committee (FOMC) by unanimously deciding to keep the federal funds rate unchanged at 3.5 to 3.75 percent. It was the first policy meeting chaired by the Fed’s new chairman, Ke…

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