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South China Morning Post – Asia

South China Morning Post – Asia

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Regional Asia developments, many with economic/market consequences.

South Korea Grapples with ‘Clear Reality’ of US Forces’ Shifting Role on Peninsula
News•Mar 11, 2026

South Korea Grapples with ‘Clear Reality’ of US Forces’ Shifting Role on Peninsula

South Korean President Lee Jae Myung warned that Seoul cannot stop the United States from relocating military assets, after reports that THAAD air‑defence batteries were moved from the peninsula to the Middle East. Analysts say the redeployment underscores a shift in the US Forces Korea (USFK) mission from a sole focus on North Korean deterrence toward broader strategic flexibility. Lee’s comments, made during a cabinet meeting, highlight growing public scrutiny of the alliance and the limits of South Korean influence over US decisions. The episode raises questions about the future balance of security responsibilities on the Korean Peninsula.

By South China Morning Post – Asia
Australia to Send Missiles to UAE, Deploy Reconnaissance Plane, but No Troops
News•Mar 10, 2026

Australia to Send Missiles to UAE, Deploy Reconnaissance Plane, but No Troops

Australia announced it will deploy a Boeing E‑7A Wedgetail airborne early warning aircraft to the Gulf for an initial four‑week period and deliver advanced medium‑range air‑to‑air missiles to the United Arab Emirates. Prime Minister Anthony Albanese stressed the move is...

By South China Morning Post – Asia
Philippines Battles US-Iran War Fuel Crisis with Air Con Limits, Flexible Work Plan
News•Mar 6, 2026

Philippines Battles US-Iran War Fuel Crisis with Air Con Limits, Flexible Work Plan

The Philippines, heavily dependent on imported oil, is confronting rising fuel costs driven by Middle East tensions. President Ferdinand Marcos Jr. ordered government offices to keep air‑conditioners at a minimum of 24 °C and is exploring flexible or four‑day work weeks...

By South China Morning Post – Asia
Will Indonesia’s US$762 Million Ramadan Stimulus Be a ‘Positive’ Boost for the Economy?
News•Feb 17, 2026

Will Indonesia’s US$762 Million Ramadan Stimulus Be a ‘Positive’ Boost for the Economy?

Indonesia has unveiled a US$762 million, 12.83 trillion‑rupiah stimulus aimed at bolstering Ramadan consumption. The package includes transport fare discounts of up to 30%, full‑fare ferry rides, and food parcels for low‑income families. Officials hope the measures will sustain mobility and purchasing...

By South China Morning Post – Asia