The Taiwan government is considering a major purchase of weapons and defense equipment from the U.S., Financial Times reported, citing people familiar with the matter. Lockheed Martin’s (NYSE:LMT) F-35 jets,

Also in today’s newsletter, Philippines aims to buy US missile launcher, and Indian investors lukewarm over Swiggy’s IPO

Taipei prosecutors say no Taiwanese citizens or companies were involved in the exploding pager attack against Hezbollah members in October, which killed 12 people. They said the pagers were manufactured and shipped outside of Taiwan by a firm called Frontier Group Entity,

The blasts dealt a severe blow to the Iran- backed Hezbollah militia amid its conflict with Israel.Taiwan said on Monday it had closed an investigation into the September pager attack on Lebanon's Hezbollah militia without finding evidence of any involvement of Taiwanese firms or individuals.

The Chinese economy is more dependent on exports, making tariffs more potent, yet it’s less reliant on American markets and increasingly bent on self-sufficiency.

In South American copper giant Peru, the incoming Donald Trump White House will find itself already on the losing side in a trade battle with China, part of a bigger power realignment around the resource-rich region in Washington's backyard.