Defence

Asean-EU summit: Forging a strategic front amid Middle East turmoil

As geopolitical volatility reshapes the global order, leaders from both blocs stressed that the security of their regions is ‘more interlinked than ever’

Tartu Science Park in Estonia. Across the EU, cleantech has experienced a steep drop in funding since 2022.

Competing for capital: Estonia’s cleantech sector adapts to rising national security priorities 

Its startups in this field note that their technologies can boost energy resilience, while supporting the low-carbon transition

After a decade at the helm, ST Engineering chief Vincent Chong believes "the best is yet to come" for the group.
TOPLINE

More than a defence contractor – ST Engineering’s Vincent Chong is ready for the next lap

To see the group as a mere defence proxy cashing in on conflict misses the plot entirely

Addvalue is one of the few SGX-listed companies with a business profile overtly aligned with today’s geopolitical currents.
MARK TO MARKET

Addvalue should rethink value-unlocking move

The business it plans to spin off may garner a lofty valuation on Nasdaq, but its own shares may be plagued by a holding company discount

Modern defence is less about troop numbers than about control of advanced technologies such as semiconductors, artificial intelligence, quantum computing and clean energy.

Bigger defence budgets are not enough to secure Europe

The continent cannot rearm without mobilising private capital for military R&D

European confidence in American leadership is at an all-time low; more people in Spain, Italy, France and Germany now regard the US as a threat than a “close ally”, a poll shows.
THE BOTTOM LINE

Are Europe and America headed for divorce?

For now, the two sides remain locked in an unhappy marriage

Google’s agreement requires it to help in adjusting the company’s AI safety settings and filters at the government’s request.

Google signs classified AI deal with Pentagon

The agreement allows the Pentagon to use Google’s AI for “any lawful government purpose”

A section of Vietnam's Nui Phao polymetallic mine, one of the world’s largest tungsten deposits outside China.

Riding AI ‘gold rush’: Vietnam tungsten giant courts foreign investors ahead of planned mainboard listing 

Masan High-Tech Materials plans to ramp up metal output from its Vietnam mine to tap ex-China supply gap for strategic industries

The letter was delivered in early April ahead of a meeting of Indonesia's Defence Minister Sjafrie Sjamsoeddin (left) and his US counterpart Pete Hegseth in Washington on Apr 13.

Indonesia’s foreign ministry urges caution over US military overflight proposal

It would allow Washington to maximise surveillance and reconnaissance using Indonesian waters and territory

IMF Managing Director Kristalina Georgieva said the fund is poised to cut its forecasts for global growth due to the conflict in the Middle East. 

IMF says defence spending surge risks widening global deficits

Countries from Germany to France have lifted military expenditures in recent years