US, Australia, Canada, and the Philippines have conducted joint naval and air force maneuvers in the disputed South China Sea, aimed at enhancing security cooperation and freedom of navigation in the region. The exercises come amidst tensions with China over territorial claims in the area, with the participating countries reaffirming their commitment to upholding international law and promoting stability in the Indo-Pacific. The drills demonstrate a united front against Chinese assertiveness in the South China Sea while showcasing the strength of the alliance between the four nations.
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Singapore sees surge in business liquidations; figure hits 5-year high in first half of 2025
In Singapore, the number of business liquidations has surged, with 187 companies winding up in the first half of 2025, marking a significant increase from previous years. Factors contributing to this trend include cash flow issues exacerbated by rising interest rates, the end of COVID-19 support, and challenges in the food and beverage sector, leading to many businesses accruing substantial debts.https://www.youtube.com/watch?v=Dx2nnkdtKwI Want More Context? 🔎
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