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ICC fugitive? Duterte ally’s paid Philippine Senate vanishing act draws fire
Business

ICC fugitive? Duterte ally’s paid Philippine Senate vanishing act draws fire

Ronald Dela Rosa has not reported for work since reports of him being targeted by the ICC as a co-perpetrator in Duterte’s deadly drug war Dela Rosa has, however, continued to receive his salary, prompting civil society groups and other critics to ask why an elected lawmaker can stay away from work and still be paid with public funds. As chairman of the Senate Committee on National Defence and Security, Peace, Unification and Reconciliation, he was supposed to sponsor the 2026 budget of the Department of National Defence and the Armed Forces of the Philippines. The plenary process was delayed due to his absence. Dela Rosa, who was re-elected last year, has not appeared in the chamber since November 11, after reports circulated that he could be arrested as a “co-conspirator” in the ICC case against Duterte. Last year, shortly after Duterte was arrested and flown to detention in The Hague, Dela Rosa said he was thinking of going into hiding.

Iran war putting China’s economy in a tight spot
Business

Iran war putting China’s economy in a tight spot

TOKYO – Amid all the smoke surrounding a Chinese slowdown, economists are getting a view of some serious fire this week. Case in point: exports grew just 2.5% year-on-year in March, a rate markedly below the previous few months. It’s the clearest ind…

US Hormuz blockade, tariffs jolt China
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US Hormuz blockade, tariffs jolt China

China has urged the United States and Iran to return to the negotiating table after Washington launched an operation to close the Strait of Hormuz on Monday and threatened to impose 50% tariffs on countries providing weapons to Tehran. US President D…

China’s Middle East billions still woefully reliant on US gunboats
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China’s Middle East billions still woefully reliant on US gunboats

China has staked roughly US$145 billion in investments and construction contracts across the Middle East, while Iranian oil alone accounts for 13–14% of its imports. Yet Beijing maintains no permanent military presence in the volatile region, with it…

Trump turning China’s yuan into world’s next safe haven
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Trump turning China’s yuan into world’s next safe haven

TOKYO — As US President Donald Trump’s tariffs and military adventurism chip away at the dollar’s credibility, the privilege may be all China’s. The reference here is to the phrase coined by France’s finance minister in the 1960s, Valery Giscard d&#8…

China imports US oil for Asian fuel markets amid Hormuz crisis
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China imports US oil for Asian fuel markets amid Hormuz crisis

China is moving to resume large-scale purchases of United States liquefied natural gas (LNG) and crude oil, as supply disruptions in the Middle East and tightening fuel markets across Asia force Beijing to recalibrate its energy strategy. Some observ…

Iran war is turbocharging China’s Africa pivot
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Iran war is turbocharging China’s Africa pivot

The global geoeconomic volatility wrought by the second Donald Trump US presidency and hostilities in the Middle East make the shift in China’s Africa strategy even more important for China and for Africa. China’s Africa strategy started to shift in…

China Shock 2.0 jolts global economy as Trump does Xi’s work
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China Shock 2.0 jolts global economy as Trump does Xi’s work

TOKYO — On top of the tariffs, wars and inflation upending the global economy, US chieftains are grappling with a new question: which tech companies might get “BYD-ed” next? The reference here is to the Chinese electric-vehicle juggernaut…

Hong Kong banks dependent on SWIFT are warned of new US sanctions
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Hong Kong banks dependent on SWIFT are warned of new US sanctions

The United States has threatened to impose sanctions on Chinese banks if they are found to be involved in handling money from Iran’s oil trade payments, marking a sharp escalation in efforts to tighten financial pressure on Tehran. The warning came a…

Has China given the first sign it’s ready to export its J-35A fighter jet to Pakistan?
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Has China given the first sign it’s ready to export its J-35A fighter jet to Pakistan?

China’s state broadcaster has given a glimpse of the first export variant of the J-35A – the country’s second land-based fifth-generation fighter jet – with Pakistan the most likely recipient, according to reports and analysis. The CCTV clip featured…

China invokes rules to blunt US sanctions on ‘teapot’ refiners
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China invokes rules to blunt US sanctions on ‘teapot’ refiners

China has invoked a five-year-old legal instrument for the first time to block the enforcement of United States sanctions on five mainland “teapot” oil refiners, including the newly sanctioned Hengli Petrochemical (Dalian) Refinery, which was accused…

Price wars, tech wars: China’s auto bloodbath rages on
Business

Price wars, tech wars: China’s auto bloodbath rages on

I’m in love with my car Gotta feel for my automobile Get a grip on my boy racer rollbar Such a thrill when your radials squeal – Queen After attending the Auto China 2024 exhibition in Beijing, this writer declared that “industrial blood-sport…