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Where did the Indian Ocean tsunami aid money go?
The public response to the 2004 tsunami was colossal, with more than $6.25bn donated. But where was it spent? And what was it spent on? We’ve got the dataThe aid response to the 2004 Indian Ocean tsunami was unprecedented for a natural disaster, with a colossal $6.25bn donated to a central UN relief fund assisting 14 countries. The series of tsunamis on 26 December 10 years ago killed more than 228,000 people and left more than 2 million people homeless. Indonesia was hardest hit, followed by -
City minister Tulip Siddiq named in Bangladesh corruption claim
Siddiq implicated in alleged embezzlement involving former Bangladesh prime minister Sheikh Hasina, her aunt -
What are the bumps in the road to a Honda-Nissan merger?
Deal terms, Renault’s position, differing cultures and a possible rival bidder could all upset plans for a combination -
North Korea stole $1.3bn through crypto hacks in 2024
Pyongyang-affiliated groups account for two-thirds of digital asset thefts globally, according to blockchain research data -
The trends that defined the energy sector in 2024
From stable oil markets to a nuclear energy revival, these were the themes that shaped the industry -
Huawei’s five-year fight and Kioxia’s long-awaited listing
The inside story on the Asia tech trends that matter, from Nikkei Asia and the Financial Times -
Yen sinks after BoJ holds rates amid caution over Trump’s impact
Japan’s central bank governor says ‘one more notch’ of information needed to justify raising rates -
Macau: a city of contrasts – in pictures
Macau is marking the 25th anniversary of its handover to China. It was administered by the Portuguese until 20 December 1999 and was the last outpost under European rule in Asia. Photographer Eduardo Leal documents a city that has gone through enormous development Continue reading... -
Fed buoys dollar and rattles equity markets
US currency hits two-year high on hawkish forecasts from central bank -
Segantii founder Simon Sadler pleads not guilty to insider dealing in Hong Kong
Hedge fund manager could face prison sentence in high-profile criminal case -
Segantii founder Simon Sadler pleads not guilty to insider dealing
Hedge fund manager could face prison sentence in high-profile Hong Kong criminal case -
Will Japan’s close ties with US survive the caprice and quirks of Donald Trump?
Japan’s complex defence alliances built up over years as protection against China could be put at risk in a Trump-launched trade warArguably, no country in Asia has better reason to be in a state of anxiety over the return of Donald Trump to the White House than Japan, since the US has been the linchpin of Japanese foreign and security policy since the second world war.Back in 2017, well before he became prime minister, Shigeru Ishiba described Trump’s method as one of “placing -
The wondrous gift of open trade is given
Flexible economies and free markets have kept globalisation going this year -
Italy’s Azimut and China Universal team up on Abu Dhabi ETF link
Azimut will launch a fund in Abu Dhabi to invest in a China Universal ETF in Shanghai and vice versa -
Bank of Japan holds rates as fears deepen over growth prospects
Yen falls to one-month low against dollar after Federal Reserve signals slower pace of easing -
Corporate Japan is steeling itself for hostile interest
The volume of shareholder activism and dealmaking by private equity has mushroomed -
Trump’s tariff threat adds to fears over China trade growth
Exports have buoyed economy but are expected to slow sharply if US imposes further levies in 2025 -
Trump’s tariff threat adds to fears over China growth
Exports have buoyed economy but are expected to slow sharply if US imposes further levies in 2025 -
Fiji defence minister welcomes US security deal and criticises China missile test
Pio Tikoduadua tells the Guardian the Pacific is ‘not a space for missile testing’ after China’s launch earlier this year raised concern in the regionFiji’s defence minister has stressed the need for stability in the Pacific and welcomed moves to strengthen security ties with the US, while adding to criticism over China’s recent missile test for posing a threat to peace in the region.Fiji, a country of about 1 million people strategically located in the Pacific, mai -
FirstFT: China continues rapid expansion of nuclear forces, says Pentagon
Also in today’s newsletter, TikTok’s US fate to be determined by Supreme Court, and Microsoft’s Nvidia chip hoard -
Reeves to take UK bankers to China as she seeks closer business ties
Chancellor has been accused by the Tories of ignoring security concerns about Beijing -
The Guardian view on North Koreans dying for Russia: an alarming alliance gains strength | Editorial
For Pyongyang, dead soldiers are a price worth paying for the rewards of friendship with Moscow A few years ago, it would have sounded fantastical to suggest that massed North Korean soldiers would fight on a European battlefield – as a Ukrainian commander noted last month. Yet about 10,000 are now thought to be fighting for Moscow, and on Tuesday a US official reported that “several hundred” had died in Russia’s Kursk region.North Korea has one of the largest armies -
Bali bomb plotters moved from Guantánamo to Malaysia after guilty plea
Malaysians imprisoned in US prison camp agreed to testify against alleged ringleader of attacks that killed 202The US has transferred two Malaysian detainees from the Guantánamo Bay military prison to their home country, after they pleaded guilty to charges related to deadly 2002 Bali bombings and agreed to testify against the alleged ringleader of that and other attacks.The transfers, and the repatriation of a Kenyan man who’d been held at Guantanamo for 17 years without charge, co -
China is rapidly expanding nuclear forces, says Pentagon
US defence department reports that Beijing has increased operational nuclear warhead arsenal by 20% in a year -
Fleeing Xi’s China: following the trail of migrants trying to reach Australia through Indonesia
A new and high-stakes escape route has been revealed, through the Indonesian archipelago to a smuggler’s boatPaul, an Indonesian fisherman, says he was working as a rideshare driver in the dusty streets of Kupang in West Timor when he came across half a dozen Chinese men on the side of the road. They were wet up to their waist, carrying a backpack each, and spoke no Indonesian.“They had walked from the beach, from the mangrove forest to the main road. They said they had difficulty wi -
Honda-Nissan merger talks mark Japan Inc’s new consolidate-to-survive mood
Carmakers face problems of Chinese competition, a shrinking domestic market and the threat of tariffs -
Consolidate to survive: what the Nissan-Honda merger talks mean for Japan Inc
Carmakers face problems of Chinese competition, a shrinking domestic market and the threat of tariffs -
Consolidate to survive: what the Honda-Nissan talks mean for Japan Inc
Carmakers face problems of Chinese competition, a shrinking domestic market and the threat of tariffs -
The ultimate Muji experience – across seven floors
In Ginza, the Japanese brand distils its vision in a ‘retail theme park’ -
Chinese AI chip firms blacklisted over weapons concerns gained access to UK technology
Imagination Technologies had licences with two Chinese firms – but said it had not ‘implemented transactions’ that would enable the use of technology for military purposesChinese engineers developing chips for artificial intelligence that can be used in “advanced weapons systems” have gained access to cutting-edge UK technology, the Guardian can reveal.Described by analysts as “China’s premier AI chip designers”, Moore Threads and Biren Technology
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