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![Global debt reaches record high of $337.7 trillion]()
Global debt reaches record high of $337.7 trillion
(Reuters, London) - Global debt increased by more than $21 trillion in the first half of this year to a record $337.7 trillion (S$438.8 trillion) due to an improved global financial environment, a weaker dollar and loosening policies by major central banks, the Institute of International Finance's quarterly report showed.
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![Japan's new prime minister aims to meet defense spending target ahead of schedule]()
Japan's new prime minister aims to meet defense spending target ahead of schedule
(Tokyo Comprehensive News) As U.S. President Trump visits Japan next Monday, Japanese media reported that new Prime Minister Sanae Takaichi plans to achieve the goal of defense spending accounting for 2% of gross domestic product (GDP) two years ahead of schedule.
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![Trump demolishes East Wing of White House to create massive ballroom]()
Trump demolishes East Wing of White House to create massive ballroom
(Washington Comprehensive News) US President Trump confirmed that he will demolish the entire East Wing of the White House to facilitate his plan to build a large banquet hall. The demolition work has begun, which has aroused protests from Democrats and cultural heritage groups.
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![The Louvre's director acknowledged security shortcomings and advocated for improvements, including the establishment of a police station.]()
The Louvre's director acknowledged security shortcomings and advocated for improvements, including the establishment of a police station.
(Paris Comprehensive News) The director of the Louvre Museum in France, Decard, admitted that the Louvre's security system has defects such as weak periphery, long-term insufficient investment and delayed upgrades, and initially proposed corrective measures.
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![Kaohsiung's economic stimulus package is expected to be larger than its predecessor's, but analysts say it won't help achieve its profit target.]()
Kaohsiung's economic stimulus package is expected to be larger than its predecessor's, but analysts say it won't help achieve its profit target.
Japanese Prime Minister Sanae Takaichi will unveil her first economic stimulus package upon taking office, with fiscal spending likely exceeding the 13.9 trillion yen (S$120 billion) in additional budget approved by the Shigeru Ishiba administration last year. As she has consistently advocated for Abenomics, her economic package will feature three key elements: addressing inflation, expanding investment in growth-oriented industries, and strengthening economic security.
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![Sanae Takaichi fulfills her dream of becoming Japan's first female prime minister]()
Sanae Takaichi fulfills her dream of becoming Japan's first female prime minister
Sanae Takaichi fulfills her dream of becoming Japan's first female prime minister
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![US-Russia summit postponed Trump: I don't want to waste time]()
US-Russia summit postponed Trump: I don't want to waste time
(Washington Comprehensive News) US President Trump said he does not want to hold a "waste of time meeting" with Russian President Putin
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![North Korea launches another missile test on the eve of APEC]()
North Korea launches another missile test on the eve of APEC
Just as the Asia-Pacific Economic Cooperation (APEC) Leaders' Meeting is set to begin in Gyeongju, South Korea next week, North Korea has again launched multiple short-range ballistic missiles. This marks Pyongyang's resumption of missile tests in 167 days and its first military provocation against South Korea since the Lee Jae-myung administration took office in June, triggering high alert in both South Korea and the United States.
Hot Rank of Yesterday
- 1 Trump threatens to withhold federal funding to prevent Democratic candidate from being elected mayor of New York City
- 2 A medieval tower in Rome collapsed, killing one person.
- 3 Kim Yong-nam, North Korea's nominal head of state,has passed away.
- 4 Lee Jae-myung announces South Korea's massive budget to build an AI highway.
- 5 Japanese Prime Minister Takashi Nakamoto ordered stricter immigration controls and tighter regulations on foreign land purchases early next year.
- 6 Cheney, the most powerful vice president in the United States, has passed away. He was a strong advocate for the Iraq War.
- 7 The government shutdown has entered its 34th day, and there are signs that the deadlock between the two major U.S. political parties is ending.
- 8 The U.S. government allocated $750 million to subsidize two rare earth companies to expand their production capacity.
Hot Rank of the Week
- 1 Trump threatens to withhold federal funding to prevent Democratic candidate from being elected mayor of New York City
- 2 A medieval tower in Rome collapsed, killing one person.
- 3 Kim Yong-nam, North Korea's nominal head of state,has passed away.
- 4 Lee Jae-myung announces South Korea's massive budget to build an AI highway.
- 5 Japanese Prime Minister Takashi Nakamoto ordered stricter immigration controls and tighter regulations on foreign land purchases early next year.
- 6 Cheney, the most powerful vice president in the United States, has passed away. He was a strong advocate for the Iraq War.
- 7 The government shutdown has entered its 34th day, and there are signs that the deadlock between the two major U.S. political parties is ending.
- 8 The U.S. government allocated $750 million to subsidize two rare earth companies to expand their production capacity.
