Asia

Europe is attempting to woo Southeast Asia — nevertheless it received’t win it over the U.S. or China

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Europe is attempting to woo Southeast Asia — nevertheless it received’t win it over the U.S. or China

France’s President Emmanuel Macron gives the keynote address at the Shangri-La Dialogue Summit in Singapore on May 30, 2025. Ludovic Marin | Afp | Getty Images European leaders are looking to Southeast Asia with renewed interest amid Washington’s aggressive tariff agenda, but experts warn that the state of regional trade ties makes it challenging to … Read more

De-dollarization in Asia is selecting up pace

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De-dollarization in Asia is selecting up pace

U.S. dollar bill. Catherine Mcqueen | Moment | Getty Images Asia is progressively moving away from the U.S. dollar, as a mix of geopolitical uncertainties, monetary shifts and currency hedging prompts de-dollarization across the region. Recently, the Association of Southeast Asian Nations, or ASEAN, committed to boosting the use of local currencies in trade and investment as … Read more