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Asia Pacific Security

Possible South Korean THAAD deployment upsets China

Recently, a U.S. proposal to deploy its Terminal High Altitude Area Defense (THAAD) to South Korea has impacted the security calculations of Northeast Asian countries. The proposal comes in the

Asia Pacific Security

North Korea’s nuclear ambitions trigger debate over Japan’s constitution

After the recent North Korean missile test, Prime Minister Shinzo Abe has once again called for a discussion concerning the revision of the peace clause of the Constitution that has

Asia Pacific Security

U.S. allies in the South China Sea

Can the U.S. count on its allies in the South China Sea to combat China’s increasing presence in the region? With its artificial island-building, China has transformed the entire South

Asia Pacific Finance

Interest rates dip below zero for first time in Japan

The concept of negative rates that originated in Europe has now spread east. Just as customers of commercial banks earn interest on funds deposited with these banks, commercial banks normally

Asia Pacific Economics

Bright spots remain despite Japan’s economic troubles

Global economic volatility is hampering Japan’s efforts to address structural weaknesses, resulting in a dual assault on Tokyo’s attempts to boost economic growth. Yet despite these trends, it is not

Asia Pacific Security

Two lessons on Asia the U.S. must heed

In determining its rebalance strategy in Asia, the US must learn from Russia’s failure and Australia’s success. Echoing George F. Kennan’s “Long Telegram” with respect to strategic foreign policy, the

Natural resources and energy North America

US LNG reaches out to global markets

With the first LNG export terminal in Sabina Pass, Louisiana now in operation, the US LNG export is becoming a reality, but low oil prices are constraining its future prospects.

Finance North America

Federal Reserve to test negative interest rates

In a recently released annual report, the Federal Reserve issued rules for stress-test scenarios that include a move to negative interest rates. While the report is careful to categorize the

Asia Pacific Security

What is Russia signalling by circumnavigating Japan?

Russia has circumnavigated Japan, signalling its role as a great power-player in the Asia-Pacific. During the Cuban Missile Crisis over 50 years ago, U.S. Secretary of Defense McNamara was known

Asia Pacific Security

Maritime maneuvers signal turbulence for South China Sea

In this special guest post, Dr. Mohan Malik, a professor in Asian Security at Asia-Pacific Center for Security Studies, looks at how the collapse of the Chinese stock market and