Taiwan (Republic of China) is a self-governing island state in East Asia
The FCC has added "advanced robotic devices" — including humanoid robots, four‑legged machines and some connected power inverters — to a list that blocks new foreign-made models from US markets on national‑security and cybersecurity grounds. The rule takes effect immediately for models not yet authorised; existing authorised devices remain allowed while exemptions can be requested.
Independent reports on Apple’s foldable iPhone Ultra suggest a September unveiling is likely, with production counts now seen at up to 10 million units for 2026. Rumors cite hinge durability and display challenges, but insider signals point to a launch window aligned with the iPhone 18 Pro lineup.
Grab reports strong Q2 results and lifts full-year outlook as AI-driven efficiency boosts margins; Grab is accelerating in Southeast Asia while pursuing Taiwan expansion. Rolls-Royce posts higher semi-annual profit guidance on defense demand and data-centre power growth, with AI-influenced efficiency lifting margins.
London hosts the first Premier Padel event in England as Olympia hosts London P1. The event is sold out across four days, drawing 20,000 fans. World No.1 duo Coello and Tapia lead the field; British players participate, with Medina Murphy delivering a standout home performance before a last-32 exit. Organisers anticipate a bigger, better edition next year.
SK Hynix has raised $26.5bn by selling 177.9m American depositary receipts at $149 each, in the largest-ever US share sale by a foreign company. Its ADRs have begun trading on Nasdaq under temporary ticker SKHYV and will convert to SKHY; the company is using proceeds to expand fabs, packaging and EUV capacity as AI-driven memory demand surges.
The yen has weakened to multi-decade lows as US rates remain higher than Japan's. Intervention is being considered, but the long-running carry trade and energy costs keep downward pressure on the currency. Markets are watching potential official action and the broader implications for Japan's economy and global markets.
OnePlus has announced it will stop launching new phones in Europe and North America and will focus new device rollouts on India and China. The parent company Oppo has begun a corporate restructuring as memory-chip shortages and rising component costs have cut demand for budget phones and pushed manufacturers to prioritise AI-oriented high-bandwidth memory.
Beijing has expanded its regulatory reach to target foreign entities deemed to threaten its supply chains and enforce sanctions. A third draft law would allow prosecutions for acts harming China’s national interests, while officials say the measures safeguard sovereignty and development.
The US and Iran have exchanged fresh strikes this weekend and on Monday, reversing a recent interim ceasefire and re‑opening doubt over control of the Strait of Hormuz. President Donald Trump has declared the ceasefire "over," ordered further strikes and revoked a temporary oil waiver. Oil has jumped into the high $70s–$80s and global markets have fallen.
A wave of earnings reports from major tech and consumer companies shows mixed results but outlooks point to continued momentum in AI, autos and logistics. Qualcomm, UPS, IBM, Intel and UnitedHealth report varying results, with some guiding higher, others facing cost pressures, and others expanding into automotive and AI workloads.
A federal class-action suit in Washington state accuses Costco of selling Orgain Organic Protein Powder with undisclosed levels of lead, cadmium and arsenic. Plaintiffs say testing by third parties and Consumer Reports shows contamination, while Orgain asserts products are safe and compliant. The case builds on similar claims and ongoing scrutiny of protein powders.
The Philippines has formally objected to a China Daily AI-generated video that dehumanizes Filipinos and mocks the 2016 South China Sea arbitral ruling. Manila calls for takedown and warns against propaganda that escalates tensions as regional powers urge adherence to UNCLOS.
A sweeping heat dome has kept tens of millions under heat alerts from the Midwest to the East Coast. Overnight temperatures are failing to cool, heightening health risks and straining power grids. El Niño is intensifying the heat, and cooling centers, water, and hydration remain critical.
TSMC has pledged an additional $100 billion for Arizona as part of a broader push, taking total U.S. chipmaking investments to $265 billion. The company has raised its annual revenue forecast after record profits driven by AI demand, and plans to accelerate production of advanced 3-nanometer chips across the U.S., Japan and Taiwan.
The US has intensified strikes against Iran as defense stocks remain depleted. A Pennsylvania defense summit highlights vulnerabilities in the supply chain, with officials urging faster production and greater resilience as regional conflicts escalate.
Trump is rallying defense leaders and investors in Carlisle, Pennsylvania, to spotlight a robust defense budget and U.S. industrial ties amid concerns over war funding, inflation, and a volatile security landscape. The event features top defense officials and corporate leaders as Republicans push for greater investment while critics warn of deficits.
The OECD has forecast the UK’s GDP will slow to 0.9% in 2026, down from 1.4% last year, citing energy costs and geopolitics. It stresses the need for reforms to boost productivity and address regional disparities, as energy prices remain a risk to growth.
Independent bookstores in Hong Kong have faced a third round of arrests under the 2024 national security law, with two shops raided and five people arrested for suspected displaying and selling seditious materials. Authorities say the operation targets materials that incite hatred toward the government, judiciary and police. The decoupled sales of such titles have intensified amid ongoing questions about freedom of expression in the city.
Nvidia has deepened its push in Japan, signing deals with leading manufacturers to build a homegrown “physical AI” stack for factories, robots and vehicles. Tokyo will invest up to 1 trillion yen over five years as it coordinates with firms like Fanuc, Sony and Hitachi to create domestically developed AI for industry, with Nvidia supplying hardware and model support. Projects range from edge-running Cosmos 3 Edge to lab collaborations and drug-discovery initiatives.
CXMT’s Shanghai IPO has surged in value, spurring bipartisan concern in Washington about Beijing’s possible state backing. The Pentagon has placed CXMT on its security list, while lawmakers push for a classified briefing to assess national-security risks tied to China’s military-civil fusion strategy.
Papua New Guinea has closed Taiwan’s Taipei Economic Office, a move Beijing calls a consolidation of ties and a win for the One-China principle. China welcomes the decision as the Pacific shifts its diplomatic footprint amid Taiwan’s dwindling regional presence.
The case of Youlin Chen, a U.S.-born seismologist detained in China since November 2024, has been escalated as U.S. officials designate him as wrongfully detained and renewed diplomatic pressure. Beijing has not indicated progress, even as President Trump has raised the issue with Xi Jinping. The White House and State Department describe the case as a top priority.
China’s Luyang III-class destroyer has conducted live-fire drills within Japan’s EEZ near Okinotori, while Russia’s presence and joint patrols with China are drawing concern from Tokyo. Officials say the drills, observed during a China-Russia exercise, underscore deepening military cooperation in the region. Authorities are monitoring moves around Japan’s waters and airspace.
ASEAN foreign ministers are meeting amid renewed U.S.-Iran hostilities and a wider Middle East crisis that has destabilized energy markets. The Philippines hosts the talks, with focus on Myanmar’s civil war, the South China Sea code of conduct, and energy-security measures as global oil prices rise.
Defense Secretary Pete Hegseth has told the Senate Appropriations Committee the US-Israel war on Iran has cost $37.5bn so far and that the Pentagon needs an $87bn supplemental request, including about $67bn for the Iran campaign. Lawmakers have challenged the figures, criticised shifting rationales for the conflict and warned funding gaps will force cuts to training and readiness.
A Taiwan study finds that when one spouse develops dementia, the other is more likely to receive the same diagnosis. Relative risk is 74% higher for women and 69% for men, with five-year absolute risks of 6.5% and 9.2% respectively.
The US and Russia remain engaged in diplomatic talks aimed at ending the Russia-Ukraine war. Rubio has described constructive discussions with Lavrov in Manila, emphasizing a possible role for the US in brokering a settlement, while Lavrov reiterates Moscow’s readiness for a political solution. Talks come amid broader regional tensions and Middle East concerns.
Japan’s foreign minister has reportedly discussed bilateral ties with China’s Wang Yi on the sidelines of an ASEAN summit in Manila, as tensions over Taiwan and regional security persist. Chinese officials dispute the encounter, underscoring a deep bilateral chill and diverging accounts between Tokyo and Beijing.
The United States has set new tariffs on imports tied to forced labor, with 10% duties on partners that have begun enforcing bans and 12.5% for those that have not. The changes take effect at 12:01 a.m. on July 24, as part of a broad push to enforce labor standards in global supply chains.
The IOC has provisionally lifted the suspension of the Russian Olympic Committee, enabling athletes to compete internationally as various federations reinstate Russian participation. Ukraine challenges the move at CAS, arguing it violates the Olympic Charter and territorial integrity. Multiple sports have begun readmitting Russian and Belarusian athletes with flags and symbols permitted in some events.
Tensions in the South China Sea have intensified as Chinese coast guard vessels clash with Philippine forces near Scarborough Shoal and Second Thomas Shoal. The Philippines reports dangerous maneuvers and water cannon use by Chinese ships, while China accuses Manila of illegal activities. ASEAN ministers discuss the dispute and aim to advance a code of conduct this year.
Typhoon Noul has made landfall along the Guangdong coast and is driving strong winds and heavy rain across southern China, prompting mass evacuations, flight cancellations, and power disruptions as authorities monitor its path toward inland regions.
A coalition of 25 US states has filed suit in the US Court of International Trade to stop 10–12.5% tariffs that took effect in July on goods from about 60 trading partners. Plaintiffs say the administration has used forced‑labour claims to recreate broad levies courts have already struck down; the White House says the duties are lawful under Section 301.
Noul has made landfall in southern China, driving strong winds and heavy rain. Hong Kong cancels hundreds of flights and thousands are displaced as authorities mobilize flood defenses and relief funds.
A Vietnamese cargo vessel carrying 62 people sank near Fiery Cross Reef in the Spratly Islands. Rescue operations are ongoing with Vietnamese, Chinese and Philippine teams coordinating as 44 have been rescued and 18 remain missing.
Independent, BBC, and CNBC report Shein posts a Q1 loss amid higher duties from US and EU, offset by price hikes and growth in active customers ahead of a Hong Kong listing. Citations show a mixed picture: revenue up slightly in Q1 but net income down due to accounting changes and tariffs.
Torrential rains and flash floods have intensified across Afghanistan, Pakistan and neighboring regions. Authorities have recorded hundreds of deaths, with the NDMA and local agencies warning of ongoing risks as rivers swell and monsoon systems persist. Cities face evacuations, damaged homes, and disrupted livelihoods.
A magnitude-7.1 earthquake in Kumamoto has disrupted semiconductor and automotive production, prompting shutdowns at major plants, evacuations, and widespread power and transportation outages. Authorities report casualties and ongoing aftershocks as emergency services coordinate rescue and stabilization efforts.
Tech firms report sustained AI-driven demand for memory chips has pushed prices up, with Samsung and SK Hynix signaling multi-year capacity plans. Analysts caution that bets on AI infrastructure will keep capacity tight, while consumer electronics pricing remains elevated.
Apple reports strong revenue but warns that AI-driven memory shortages are tightening supply chains, forcing scrambling for chips and raising prices. Tim Cook signals on-device AI and a future Siri rollout as the company navigates memory costs and component constraints.
Admiral Paparo has said some actors are using false claims of legitimacy to pressure neighbors; tensions in the South China Sea persist as the U.S., Philippines and ASEAN push for a binding code of conduct while China expands its maritime presence. Talks on a regional code have accelerated, with a year-end target in reach.
The United States has faced a wave of double-digit tariffs on 59 countries and the EU, arguing they curb forced-labor imports. Courts are being asked to halt the tariffs, with states seeking refunds while White House officials defend the measures as lawful responses to unfair practices. The move follows a Supreme Court ruling that cast doubt on broader authority.
Japan has bolstered its military capabilities, prioritizing domestic drone development and long-range missiles as deterrence against China. Cabinet defence paper stresses speed, expanded arms production, and a shift toward homemade unmanned weapons to offset a shrinking workforce.
Japan’s defence white paper warns that the Indo-Pacific faces serious security risks, with China’s worsening stance, North Korea’s missile advances, and China-Russia cooperation. Tokyo says it will strengthen its defence and economic links to deter potential crises in East Asia.
Tech shares across Asia buoyed by AI optimism, with notable gains in SK Hynix, Samsung, Kioxia, Advantest and TSMC as markets rebound from recent volatility and traders reassess AI investment momentum.
Kim Yo Jong has stated that Pyongyang will not remain a passive onlooker as Japan accelerates its military modernization, test-fires Tomahawk missiles, and deepens security cooperation with the United States. North Korea positions Tokyo’s actions as a direct threat, signaling potential future demonstrations.
Taiwan’s 10-day Han Kuang exercises have begun to test 24-hour defense operations, urban resilience, and new U.S.-inspired tactics. The drills emphasize reservist mobilization, civilian preparedness, and decentralised command to bolster combat readiness amid China’s pressure.
Disney’s experiences division has posted near $10 billion in quarterly revenue, a 10% year-over-year rise, driven by strong domestic attendance and promotions across parks and a recently expanded cruise fleet. Executives say marketing and new rides are fueling demand amid macro uncertainty.
Doximity has reported first-quarter 2027 results, with revenues of $156.6 million and adjusted EBITDA of $74.8 million. CEO Jeffrey Tangney says the AI search tool is already earning more than its run-rate cost, signaling potential for long-term margins as the addressable market expands. Shares surged in premarket trading before moderating.
A tropical cyclone named Dolphin has strengthened into a typhoon and is moving toward Japan and China. It has caused flight cancellations in Okinawa, warnings of heavy rain, and disruptions across the region as authorities prepare for landfall in China and possible impacts on Taiwan.