South Korea accelerates military self-reliance over Trump’s ‘unpredictability’
US President Donald Trump’s abrupt move to scale back annual military drills with South Korea has handed President Lee Jae Myung a fresh impetus for greater defence self-reliance even as he seeks to maintain the long-standing alliance.
Lee on Tuesday called for accelerated efforts to regain wartime operational control (OPCON) of South Korean forces from the United States and build nuclear-powered submarines, casting both as part of a broader push to boost South Korea’s ability to defend itself.
His comments reflect Seoul’s growing
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Use of yuan hits 6-month high in Hong Kong’s fast-payment system
Transaction values through Hong Kong’s Faster Payment System (FPS) for yuan reached 350.3 billion yuan (US$60 billion) in July, marking a 34 per cent increase from February, according to official data published by Hong Kong Interbank Clearing Ltd
