> ## Documentation Index > Fetch the complete documentation index at: https://middlepowers.fyi/llms.txt > Use this file to discover all available pages before exploring further. # Asia-Pacific > Week of April 27, 2026 ## Regional Summary **Everyone Hedges Except Taiwan** The Asia-Pacific this week is not walking away from the United States — but every significant government in the region is quietly building the leverage, the options, or the fallback it would need if American commitments proved shakier than advertised. The US-China summit on May 14–15 is the forcing event, but the hedging predates it and will outlast it. Taiwan's position is the most exposed. Its main opposition party is now publicly endorsing the language Beijing wants Washington to adopt — a shift from "does not support" to "opposes" Taiwanese independence — which Wang Yi, China's foreign minister, named as his summit ask in a call with the American secretary of state this week. Cheng Li-wun, the Kuomintang chairwoman, told Bloomberg the American framing "would align exactly with her party's position," adding that if independence is "no longer an option, cross-strait relations will improve rapidly." That leaves the governing party racing to shape US policy before May 14 while the opposition races to validate Beijing's preferred outcome. The Taiwan People's Party has tied the legislature's defence budget vote — NT\$1.25 trillion sought, NT\$380 billion countered by the Kuomintang — to Washington announcing a second arms sale before the summit. Lai Ching-te, the president, scored a small tactical win by reaching Eswatini on a royal charter when China blocked overflight, but that move cannot be repeated everywhere: Germany and the Czech Republic both denied European transit during the original planning. Taiwan has a seat in none of the three negotiations — the summit, the domestic budget, the opposition's Washington diplomacy — that will most shape its immediate future. Japan, under Sanae Takaichi, the prime minister, is the region's most active hedger. Her five-day trip through Hanoi and Canberra produced supply-chain agreements, energy diversification pledges, and a ministerial discussion about leasing Japanese conventional submarines to Australia as a fallback for the Aukus security pact. She held two phone calls with Iran's president urging safe passage through the Strait of Hormuz, submitted proposals on using Japan's presence in the region to protect tanker routes, and sent her defence minister to Manila and Jakarta to advance arms-export deals. The same Hormuz crisis, however, is forcing a harder choice at home. The Bank of Japan held its rate at 0.75% on April 28, but three of nine board members dissented in favour of an immediate hike, and the bank revised its core consumer-price-index forecast for fiscal 2026 from 1.9% to 2.8% while cutting its growth forecast from 1.0% to 0.5%. Japan intervened in the currency market on April 30 — its first such action in nearly two years — after the yen reached 160.7 to the dollar; analysts say the move is limited without a concurrent rate hike. Ms Takaichi's most exposed position is her refusal to call for energy conservation: 74% of Japanese support saving energy, South Korea and Malaysia have both announced measures, and Japan has not. The Petroleum Association of Japan's managing director noted Japan's isolation publicly, then retracted the comment under pressure. Lee Jae-myung, South Korea's president, has less need to hedge because his leverage is structural. Samsung posted 57.2 trillion won in first-quarter operating profit, with chip margins above 70% and customers booking supply years ahead; Korean memory cannot be replaced quickly. That position is now visible in Mr Lee's posture. His cabinet was told this week to resolve issues "according to common sense and principles" in a "healthy, future-oriented relationship" with allies — language Seoul reads as a message to Washington. Ninety-six lawmakers from his coalition walked into the US Embassy to deliver a protest letter calling Congressional attempts to link the alliance to a domestic investigation an "infringement on judicial sovereignty." His unification minister convened a public conference on whether South Korea should begin calling North Korea by its preferred name, "Joseon," citing the 1972 West German-East German Basic Treaty as a model. The Seoul High Court raised Yoon Suk-yeol's sentence from five to seven years; the People Power Party's candidates are now physically excluding their own chairman from nomination events. Mr Lee has been above 60% approval for seven consecutive weeks. He is not managing American pressure so much as discounting it. Australia and Indonesia sit at opposite ends of the confidence spectrum, and both confirm the pattern. Canberra faces a blunt question: with parliamentary scrutiny in both London and Washington documenting serious risk to the Aukus submarine programme's industrial timeline, the Japanese conventional submarine lease proposal has moved from think-tank advocacy to a contingency worth taking seriously — Australia has already contracted to buy Mogami-class frigates from Japan, and the supply chain exists. Canberra publicly dismissed the option during Ms Takaichi's visit; that ministers raised it at all is telling. Indonesia shows what unhedged domestic confidence looks like. Prabowo Subianto, the president, spent May Day distributing branded shirts, signing six labour decrees, capping ride-hailing commissions at 8%, and dancing to a ska band at the National Monument — each policy a direct answer to the protests that shook his government last August. The same afternoon, his communications minister condemned a former parliamentary chairman's eight-minute YouTube video as "hoaxes, slander, and hate speech." The rally and the prosecution ran in parallel, with no apparent sense of contradiction. Before May 14, the divergence will sharpen. The summit may produce the language shift on Taiwan that Taipei cannot prevent; the Bank of Japan's board is already moving toward a June hike that Ms Takaichi's energy policy is making harder to absorb; Mr Lee's party enters the June 3 elections with structural leverage and a commanding domestic position. The region is not waiting on the summit. The hedges are already in place. ## Country Summaries *** ### Taiwan flag Taiwan In the ten days before the American president flies to Beijing, China's foreign minister named Taiwan the "biggest risk point" in US-China relations, and Taiwan's main opposition leader agreed with the terms China wants Washington to accept. Wang Yi, China's foreign minister, told Marco Rubio, the American secretary of state, this week that Beijing expects the May 14-15 summit to produce US movement on Taiwan — specifically, a shift from Washington's formulation that it "does not support" independence to one that it "opposes" independence. Reuters described the call as a stark departure from Xi Jinping's deliberate avoidance of the Taiwan issue at his recent South Korea summit, and noted that China has been "constantly sending similar signals at a working level." Taiwan's foreign ministry issued a formal statement of concern; its Mainland Affairs Council deputy minister said the government would "use the remaining time to intensify policy communications with the US." American officials privately stressed that weapons approvals continue, but offered no public rebuttal of Mr Wang's framing. What makes Taiwan's position uncomfortable is that its main opposition is pushing in the same direction as Beijing. Cheng Li-wun, the Kuomintang (KMT) chairwoman, confirmed in a Bloomberg interview that if the American president were to tell Xi he "opposes" Taiwan declaring independence, "it would align exactly with her party's position" — and that there is "a significant difference in tone between not supporting and opposing." She added that if independence is "no longer an option, cross-strait relations will improve rapidly." Ms Cheng also confirmed she has requested a meeting with the American president during a planned June Washington trip, and said she believes Xi would approve of her visit. Taiwan's ruling party is trying to shape US policy before the summit; its main opposition is signalling to Washington that Beijing's preferred framing reflects Taiwan's political mainstream. Lai Ching-te, the president, completed the state visit to Eswatini that China had tried to block by denying him overflight rights. Mr Lai arrived on May 2 aboard King Mswati III's royal charter — the same aircraft formerly in China Airlines service — his office timing the public announcement to coincide with landing, giving Beijing no window for last-minute pressure. Eswatini's deputy prime minister, Thulisile Dladla, had travelled to Taipei on April 30 carrying the king's formal invitation. The two sides signed a Customs Mutual Assistance Agreement, issued a joint communiqué, and Mr Lai received briefings on two joint projects — a Strategic Petroleum Reserve facility and the Taiwan Industry Innovation Park, described as the largest joint effort since the two countries established ties. China's Taiwan Affairs Office called Mr Lai a "rat" who "skulked" to Eswatini; the council dismissed Beijing's response as "fishwife's gutter talk." The counter worked — but it cannot be repeated everywhere. Not every ally holds a royal fleet, and Germany and the Czech Republic both denied European transit during original planning, confirming the airspace blockade was applied simultaneously across multiple regions, not only among smaller states. The defense budget vote, scheduled for May 8, has now been pulled into the same gravitational field as the summit. The governing party is seeking NT\$1.25 trillion in special defense appropriations; the KMT has countered with NT\$380 billion. The eight seats held by the Taiwan People's Party (TPP) are the deciding factor. Huang Kuo-chang, the TPP chairman, has set an explicit condition: if the American executive and legislative branches "truly have such a strong consensus in support of Taiwan's defense, they should promptly announce a second round of arms sales, rather than deliberately delaying it until after" the summit. Mr Huang's position ties the defense spending vote to whether Washington signals resolve before May 14. The KMT is not itself unified: Han Kuo-yu, the legislative speaker, reportedly backs an NT\$800 billion alternative — prompting a confrontation at the party's Central Standing Committee in which a senior official threatened Mr Han's expulsion if he pressed ahead. Ms Cheng intervened to smooth tensions while reaffirming NT\$380 billion as the party's non-negotiable position. Taiwan's defense budget, its opposition party's diplomatic stance, and a great-power summit are all converging in the same week — and Taipei has a seat in none of the three negotiations that will most shape the outcome. * **TSMC 2nm expansion accelerates: five fabs ramping, Arizona packaging plant confirmed, ASML High-NA EUV deferred** — Taiwan Semiconductor Manufacturing Company (TSMC)'s North America Technology Symposium 2026 in Silicon Valley disclosed that five 2nm fabrication facilities are simultaneously entering volume production this year, with capacity projected to grow at a compound annual rate of 70% through 2028 — outpacing the 3nm ramp by 45%. The company confirmed it will skip ASML's High-NA EUV tools for its upcoming A13 and A12 nodes, citing cost; a chip packaging facility in Arizona via Amkor is targeted to open before 2029. Investor and analyst commentary around record first-quarter revenues (US\$35.9 billion, 66.2% gross margin) and Taiwan's stock market surpassing Canada to become the world's sixth-largest by market cap drove heavy coverage across tech and financial media. *([news.ltn.com.tw](https://english.cw.com.tw/article/article.action?id=4740))* * **TSMC trade secrets case: Tokyo Electron fined \$5M, former engineer sentenced to 10 years** — A Taiwanese court handed down its harshest ruling yet in a semiconductor technology theft case on April 27, sentencing Chen Li-ming — a former TSMC engineer who moved to Tokyo Electron's Taiwan subsidiary — to 10 years in prison for stealing 2nm process trade secrets in violation of Taiwan's National Security Act. Tokyo Electron's local unit was fined NT\$150 million (about US\$5 million); three other TSMC employees received sentences of two to six years. TSMC reaffirmed a zero-tolerance policy for trade secret violations. *([aljazeera.com](https://www.reuters.com/legal/litigation/taiwan-court-hands-out-jail-terms-up-10-years-tsmc-trade-secrets-case-2026-04-27/))* * **TSMC divests full Arm Holdings stake for US\$231 million** — TSMC, through its subsidiary TSMC Partners, sold its remaining 1.11 million Arm Holdings shares between April 28-29 at an average of US\$207.65 per share, raising about US\$231 million and fully exiting the investment it took in connection with Arm's 2023 Nasdaq initial public offering. The transaction generated roughly US\$174 million in retained earnings; analysts noted the divestment restores TSMC's position as a fully neutral foundry partner as Arm moves toward its own silicon production. TSMC described the exit as a routine financial portfolio adjustment. *([reuters.com](https://www.reuters.com/world/asia-pacific/taiwans-tsmc-exits-arm-with-231-million-share-sale-2026-04-29/))* * **KMT-TPP select joint New Taipei City mayoral candidate for upcoming election** — Lee Shu-chuan, a former deputy mayor of Taipei and KMT member, was selected as the joint KMT-TPP candidate for New Taipei City mayor after defeating Huang Kuo-chang, the TPP chairman, in a coordination poll. The joint nomination consolidates the two opposition parties' electoral cooperation ahead of the local elections. *([taipeitimes.com](https://focustaiwan.tw/politics/202604280024))* * **US-Philippines showcase NMESIS anti-ship missiles near Taiwan in annual war games** — US and Philippine forces demonstrated the Navy Marine Expeditionary Ship Interdiction System (NMESIS) anti-ship missile in Batanes Province — about 100 miles south of Taiwan — during the annual Balikatan joint exercises. Maritime strike drills were also conducted in Itbayat municipality, highlighting the strategic Luzon Strait corridor as a focus of allied military activity amid cross-strait tensions. *([reuters.com](https://www.reuters.com/world/asia-pacific/us-philippines-deploy-anti-ship-missile-system-batanes-near-taiwan-war-games-2026-05-02/))* * **TSMC investor activity: stock reaches near-record highs; institutional holdings and analyst commentary** — Following TSMC's first-quarter 2026 earnings beat (revenue US\$35.9 billion, up 35% year on year; gross margin 66.2%), institutional investor activity and analyst commentary proliferated across financial media. Billionaires Druckenmiller and Cramer were cited as holders; Verity Asset Management trimmed its stake; and multiple outlets noted TSMC's stock approaching all-time highs. Analyst comparison with Intel and attention to TSMC's AI-driven revenue concentration dominated retail investor commentary. *([finance.yahoo.com](https://www.quiverquant.com/news/TSMC+Stock+%28TSM%29+Opinions+on+Arizona+Plant+and+Earnings+Beat))* * **China's military conducts 29-aircraft incursion near Taiwan, 15 sorties crossing median line** — Taiwan's Ministry of National Defense reported detecting 29 Chinese military aircraft sorties, six Chinese naval vessels, and two official ships operating around Taiwan on May 2. Fifteen of the aircraft crossed the median line and entered Taiwan's northern, central, and southwestern air defence identification zone, conducting what Beijing described as air-sea joint training. * [Taiwan president visits Eswatini after blaming China for previous cancelled trip — bbc.com](https://www.bbc.com/news/articles/c809ln029ldo) * [Taiwan president defiant as begins Eswatini trip; China calls him a 'rat' — reuters.com](https://www.reuters.com/world/china/taiwan-president-defiant-begins-eswatini-trip-china-calls-him-rat-2026-05-03/) * [Traditional welcome for Taiwan president as he visits Eswatini king — apnews.com](https://apnews.com/video/traditional-welcome-for-taiwan-president-as-he-visits-eswatini-king-0a826a1e96074f339cff420d8b2be0aa) * [Taiwan leader visits Eswatini despite China's attempts to block trip — aljazeera.com](https://www.aljazeera.com/news/2026/5/3/taiwan-leader-visits-eswatini-despite-chinas-attempts-to-block-trip) * [Taiwan's 12 remaining diplomatic allies — reuters.com](https://www.reuters.com/world/china/taiwans-12-remaining-diplomatic-allies-2026-05-02/) * [China condemns Taiwanese President Lai Ching-te's controversial visit to Eswatini — moderndiplomacy.eu](https://moderndiplomacy.eu/2026/05/03/china-condemns-taiwanese-president-lai-ching-tes-controversial-visit-to-eswatini/) * [Taiwan's president lands in Eswatini, under China's shadow — latimes.com](https://www.latimes.com/world-nation/story/2026-05-02/taiwans-president-lands-in-eswatini-in-trip-shadowed-bvy) * [Taiwan's Lai lands in Eswatini in a trip delayed by lack of overflight clearance — npr.org](https://www.npr.org/2026/05/02/g-s1-119911/taiwans-lai-lands-in-eswatini-in-a-trip-delayed-by-lack-of-overflight-clearance) * [Taiwan: Lai Ching-te reaffirms the right to international contacts — table.media](https://table.media/en/china/news-en/taiwan-lai-ching-te-reaffirms-the-right-to-international-contacts) * [Lai reaffirms Taiwan sovereignty after arriving in Eswatini — taiwannews.com.tw](https://www.taiwannews.com.tw/en/news/6353333) * [President Lai arrives in Eswatini — focustaiwan.tw](https://focustaiwan.tw/politics/202605020013) * [Lai, Eswatini king reaffirm diplomatic ties; customs deal signed — focustaiwan.tw](https://focustaiwan.tw/politics/202605030004) * [Lai presents cattle, Taiwanese cultural gifts to Eswatini king — focustaiwan.tw](https://focustaiwan.tw/culture/202605030007) * ['Many precedents' for Lai's surprise visit to Eswatini: MOFA — focustaiwan.tw](https://focustaiwan.tw/politics/202605030002) * [Taiwan president defiant on surprise Eswatini trip after China calls him a 'rat' — independent.co.uk](https://independent.co.uk/asia/china/taiwan-lai-ching-te-eswatini-b2969658.html) * [President Lai arrives in Eswatini, pledges stronger ties — focustaiwan.tw](https://focustaiwan.tw/video/004354045) * [Taiwan FM returns from Eswatini after Lai's canceled trip — focustaiwan.tw](https://focustaiwan.tw/politics/202604280009) * [Lai arrives in Eswatini for surprise visit — taiwannews.com.tw](https://taiwannews.com.tw/news/6353230) * [The Journey of Lai Ching-te: From Humble Beginnings to Taiwan's President-Elect — londondaily.com](https://londondaily.com/the-journey-of-lai-ching-te-from-humble-beginnings-to-taiwan-s-president-elect) * [China's coercive tactics: Taiwan's diplomatic isolation — thehill.com](https://thehill.com/opinion/international/5856446-lai-chin-te-trip-cancellation/) * [Taiwán reafirma en Esuatini su alianza estratégica y defiende su papel global — diariosigloxxi.com](https://www.diariosigloxxi.com/texto-ep/mostrar/20260503044238/taiwan-reafirma-esuatini-alianza-estrategica-defiende-papel-global-frente-presiones-externas) * [Taiwan Leader's Last-Minute Plea to Fly Via Europe Was Rejected — bloomberg.com](https://www.bloomberg.com/news/articles/2026-04-29/taiwan-leader-s-last-minute-plea-to-fly-via-europe-was-rejected) * [Taiwan's Lai Circumvents China-Backed Blockade for Eswatini Trip — bloomberg.com](https://bloomberg.com/news/articles/2026-05-02/taiwan-s-lai-arrives-in-eswatini-defying-china-backed-blockade) * [Taiwan President Lai visits Eswatini amidst China's diplomatic pressure — tribuneindia.com](https://www.tribuneindia.com/news/africa-diplomatic-partner/taiwan-president-lai-visits-eswatini-amidst-chinas-diplomatic-pressure) * [Taiwan President reviews flagship projects in Eswatini; affirms energy security — tribuneindia.com](https://www.tribuneindia.com/news/energy-security/taiwan-president-reviews-flagship-projects-in-eswatini-affirms-energy-security-through-joint-efforts) * [Taiwan's president visits Eswatini despite China's objection — dw.com](https://dw.com/en/taiwan-president-lai-visits-eswatini/a-77019778) * [Taiwan has right to engage with world, Lai tells after Eswatini visit — asia.nikkei.com](https://asia.nikkei.com/politics/international-relations/taiwan-tensions/taiwan-has-right-to-engage-with-world-lai-tells-after-eswatini-visit) * [El presidente de Taiwán llega por sorpresa a Esuatini tras los impedimientos anteriores — notimerica.com](https://www.notimerica.com/politica/noticia-taiwan-presidente-taiwan-llega-sorpresa-esuatini-impedimientos-anteriores-presiones-chinas-20260502211740.html) * [El presidente de Taiwán llega por sorpresa a Esuatini — diariosigloxxi.com](https://www.diariosigloxxi.com/texto-ep/mostrar/20260502211727/presidente-taiwan-llega-sorpresa-esuatini-impedimientos-anteriores-presiones-chinas) * [Germany, Czech Republic denied Lai transit request — taiwannews.com.tw](https://www.taiwannews.com.tw/news/6351701) * [Taiwan President Eswatini Visit Details and Significance — chinaglobalsouth.com](https://chinaglobalsouth.com/2026/05/03/taiwan-president-lai-eswatini-visit-china-pressure) * [Lai Ching Te refuerza la alianza estratégica con Esuatini — democrata.es](https://www.democrata.es/internacional/taiwan-refuerza-en-esuatini-su-alianza-estrategica-y-reivindica-su-papel-global-ante-presiones-externas/) * [台灣總統賴清德抵達斯威士蘭 展開年內首次外訪行程 — singtaousa.com](https://www.singtaousa.com/2026/05/02/news/china/lai-ching-te-arrives-in-eswatini-first-overseas-visit/) * [《TAIPEI TIMES》 Lai lands in Eswatini despite revoked flight permits — news.ltn.com.tw](https://news.ltn.com.tw/news/focus/breakingnews/5423471) * [Taiwan's Lai says no country can block global engagement — english.aaj.tv](https://english.aaj.tv/news/330458025/taiwans-lai-says-no-country-can-block-global-engagement) * [China criticises Taiwan President Lai Ching-te, calls him 'rat' over Africa visit — jang.com.pk](https://jang.com.pk/en/64948-china-criticises-taiwan-president-lai-ching-te-calls-him-rat-over-africa-visit-news) * [Taiwan's president lands in Eswatini despite curbs — dailypioneer.com](https://dailypioneer.com/news/taiwans-president-lands-in-eswatini-despite-curbs) * [IN FOCUS: Lai touches down in Eswatini via King's charter — taipeitimes.com](https://taipeitimes.com/News/taiwan/archives/2026/05/03/2003856689) * [Days After Accusing China Of Canceling The Trip, The President Of Taiwan Travels To Eswatini — entrepreneurmirror.com](https://entrepreneurmirror.com/of-canceling-the-trip-the-president/) * [Taiwans leader visits Eswatini despite pressure from China to block trip — indiavision.com](https://www.indiavision.com/international/taiwans-leader-visits-eswatini-despite-pressure-from-china-to-block-trip/602286/) * [COULD TAIWAN PRESIDENT HAVE USED KING MSWATI'S JET TO EVADE CHINA? — zambianobserver.com](https://zambianobserver.com/could-taiwan-president-have-used-king-mswatis-jet-to-evade-china/) * [China abandona la diplomacia del 'lobo guerrero' y cambia el tono ante Trump — huffingtonpost.es](https://www.huffingtonpost.es/global/china-abandona-diplomacia-lobo-guerrero-cambia-tono-trump-12-paises-mundo-mantienen-relaciones-oficiales-taiwan-f202605.html) * [Taiwan's William Lai lands in eSwatini on trip Beijing calls a political 'stunt' — scmp.com](https://www.scmp.com/news/china/diplomacy/article/3352238/taiwans-william-lai-lands-eswatini-trip-beijing-calls-political-stunt) * [Taiwan president defiant as Eswatini trip begins; China calls him a 'rat' — bworldonline.com](https://www.bworldonline.com/world/2026/05/03/746947/taiwan-president-defiant-as-eswatini-trip-begins-china-calls-him-a-rat/) * [Lai trip shows diplomatic agility — taipeitimes.com](https://taipeitimes.com/News/editorials/archives/2026/05/04/2003856699) * [《TAIPEI TIMES》 TSMC expects 70% 2nm growth — news.ltn.com.tw](https://news.ltn.com.tw/news/focus/breakingnews/5419097) * [Five New 2nm Fabs Put TSMC on Track for a Bigger Leap Than 3nm — qoo10.co.id](https://www.qoo10.co.id/en/gadget/92742/five-new-2nm-fabs-put-tsmc-on-track-for-a-bigger-leap-than-3nm/) * [TSMC Doubles Down on 2nm With Five Fabs Ramping at Once, Output Set to Eclipse 3nm by 2x — wccftech.com](https://wccftech.com/tsmc-doubles-down-on-2nm-five-fabs-ramping-at-once-output-eclipse-3nm-by-2x) * [TSMC's Longtan Comeback: Taiwan Semiconductor's Next AI Chip Bet Faces a Land Test — ts2.tech](https://ts2.tech/en/tsmcs-longtan-comeback-taiwan-semiconductors-next-ai-chip-bet-faces-a-land-test/) * [Unprecedented expansion, competition in big trouble — azworldnews.com](https://www.azworldnews.com/unprecedented-expansion-competition-in-big-trouble/) * [TSMC ubrzava 2 nm proizvodnju: ekspanzija bez presedana — benchmark.rs](https://benchmark.rs/vesti/nauka-i-tehnologija/tsmc-ubrzava-2-nm-proizvodnju-ekspanzija-bez-presedana-konkurencija-u-velikom-problemu/) * [TSMC's A16 process node will be ready for mass production later this year — phonearena.com](https://www.phonearena.com/news/what-tsmc-has-coming-after-its-2nm-process-node_id180099) * [TSMC's details next-gen CoWoS roadmap: over 14-reticle packages and 48x leap in compute power expected by 2029 — tomshardware.com](https://www.tomshardware.com/tech-industry/semiconductors/tsmcs-details-next-gen-cowos-roadmap-over-14-reticle-packages-and-48x-leap-in-compute-power-expected-by-2029-massive-size-enables-24-hbm5e-stacks-and-additional-memory-bandwidth-jump) * [Why did TSMC Put Off Buying ASML's Lithography Machines? — aimagazine.com](https://aimagazine.com/news/why-did-tsmc-put-off-buying-asmls-lithography-machines) * [Why is TSMC not in a rush to adopt high-NA EUV? — bits-chips.com](https://bits-chips.com/article/why-is-tsmc-not-in-a-rush-to-adopt-high-na-euv/) * [TSMC High NA EUV Decision Puts ASML Growth Timing In Focus — finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/tsmc-high-na-euv-decision-001707225.html) * [TSMC's Cost-Conscious Chip Strategy Pays Off as Shares Near Record — ad-hoc-news.de](https://www.ad-hoc-news.de/boerse/news/ueberblick/tsmc-s-cost-conscious-chip-strategy-pays-off-as-shares-near-record/69261345) * [What TSMC's CoPoS Move Really Means — english.cw.com.tw](https://english.cw.com.tw/article/article.action?id=4740) * [How US Semiconductor Fab Outperformed Japan's Textbook Model — ico-optics.org](https://www.ico-optics.org/how-us-semiconductor-fab-outperformed-japans-textbook-model/) * [TSMC Part 2: The Last Transistor Company — medium.com](https://medium.com/@noahbean3396/tsmc-part-2-the-last-transistor-company-afc88f39aeb3) * [TSMC's Strategic Evolution: Technology, Global Reach, and AI Demand — science-technology.news-articles.net](https://science-technology.news-articles.net/content/2026/05/03/tsmc-s-strategic-evolution-technology-global-reach-and-ai-demand.html) * [AI Demand Drives Major Shift in Semiconductor Pricing — finance.coin-turk.com](https://finance.coin-turk.com/ai-demand-drives-major-shift-in-semiconductor-pricing/) * [AI token demand drives TSMC node expansion, buoying Taiwan's economy — digitimes.com](https://www.digitimes.com/news/a20260428PD223/taiwan-demand-expansion-tsmc-economy.html) * [Commentary: How TSMC anchors Taiwan's semiconductor supply chain from within — digitimes.com](https://digitimes.com/news/a20260429PD218/tsmc-supply-chain-competition-taiwan-semiconductor-industry.html) * [TSMC Weighs Arizona Packaging Expansion Against Delayed Next EUV Investment — simplywall.st](https://simplywall.st/stocks/us/semiconductors/nyse-tsm/taiwan-semiconductor-manufacturing/news/tsmc-weighs-arizona-packaging-expansion-against-delayed-next) * [Taiwan Stock Market Surges Past 40,000 Points in Historic Milestone — finance.biggo.com](https://finance.biggo.com/news/Ozrh650B2jrwCtglBuxa) * [台灣股市受惠AI熱潮超越加拿大，台積電市值飆升成全球第六大市場 — singtaousa.com](https://www.singtaousa.com/2026/04/29/news/world/taiwan-overtakes-canada-to-become-6th-largest-stock-market-as-ai-demand-lifts-tsmc-m-cap-to-1-8-trillion/) * [TSMC Just Broke Out. Yet the Stock Still Looks Strikingly Inexpensive — 247wallst.com](https://247wallst.com/investing/2026/04/29/tsmc-just-broke-out-yet-the-stock-still-looks-strikingly-inexpensive) * [The Guardian view on China's carrots and sticks: Trump should not shift on Taiwan when he visits Beijing — theguardian.com](https://www.theguardian.com/commentisfree/2026/may/03/the-guardian-view-on-chinas-carrots-and-sticks-trump-should-not-sell-out-taiwan-for-trade) * [Taiwan expresses concern after China calls the island biggest risk in US-China relations — apnews.com](https://apnews.com/article/taiwan-china-us-wang-yi-marco-rubio-d19c90e61ada9e938b37b35c9c6f684b) * [China warns US about Taiwan ahead of Trump's visit to Beijing — theguardian.com](https://www.theguardian.com/world/2026/may/01/china-taiwan-warns-us-donald-trump-visit) * [Taiwan tops Beijing's agenda for Trump-Xi summit — reuters.com](https://www.reuters.com/world/china/taiwan-tops-beijings-agenda-trump-xi-summit-2026-04-29/) * [Faith, hope and ancestry: William Lai's clan village in Beijing's push for cross-strait ties — scmp.com](https://www.scmp.com/news/china/politics/article/3352228/faith-hope-and-ancestry-william-lais-clan-village-beijings-push-cross-strait-ties) * [China's Sanctions Hit Europe's Emerging Drone Doctrine — thediplomat.com](https://thediplomat.com/2026/04/chinas-sanctions-hit-europes-emerging-drone-doctrine/) * [TSMC: the Semiconductor Clock Behind the Taiwan Strait — leonliao.substack.com](https://leonliao.substack.com/p/tsmc-the-semiconductor-clock-behind) * [KMT pressures lawmakers on defense bill, TPP undecided — focustaiwan.tw](https://focustaiwan.tw/politics/202605010005) * [KMT split on Taiwan's special defense budget remains unresolved — taiwannews.com.tw](https://www.taiwannews.com.tw/news/6350607) * [KMT might approve NT\$800bn for arms with LOAs: Cheng — taipeitimes.com](https://www.taipeitimes.com/News/taiwan/archives/2026/04/29/2003856433) * [KMT proposes \$800B alternative to \$1.25T national defense budget — rti.org.tw](https://www.rti.org.tw/en/programnews?uid=4\&pid=103221) * [Defense budget amount contingent on U.S. LOA: KMT chair — focustaiwan.tw](https://focustaiwan.tw/politics/202604280021) * [鄭主席：民進黨毫無信用又貪贓舞弊 不可能空白授權通過1.25兆軍購預算 — kmt.org.tw](https://www.kmt.org.tw/2026/04/125_28.html) * [KMT divided on defense budget — taipeitimes.com](https://taipeitimes.com/News/taiwan/archives/2026/05/03/2003856668) * [Cheng says KMT could approve NT\$800 billion defense budget if US makes binding agreement — taiwannews.com.tw](https://www.taiwannews.com.tw/news/6350350) * [KMT deputy chair attacks Speaker Han over special defense budget — focustaiwan.tw](https://focustaiwan.tw/politics/202604290020) * [Taiwan court hands down jail terms in TSMC trade secrets case — aljazeera.com](https://www.aljazeera.com/economy/2026/4/27/taiwan-court-hands-down-jail-terms-in-tsmc-trade-secrets-case) * [TSMC trade secret theft ends in 10-year sentence, \$4.6M fine against Tokyo Electron — digitimes.com](https://digitimes.com/news/a20260427PD226/tsmc-tokyo-electron-equipment-taiwan-technology.html) * [Ex-worker of Tokyo Electron gets 10-year jail term in TSMC trade secrets case — reuters.com](https://www.reuters.com/legal/litigation/taiwan-court-hands-out-jail-terms-up-10-years-tsmc-trade-secrets-case-2026-04-27/) * [《TAIPEI TIMES》Offenders sentenced up to 10 years for spying on TSMC — news.ltn.com.tw](https://news.ltn.com.tw/news/focus/breakingnews/5417833) * [Ex-worker of Tokyo Electron gets 10-year jail term in TSMC trade secrets case — investing.com](https://investing.com/news/stock-market-news/taiwan-court-hands-out-jail-terms-of-up-to-10-years-in-tsmc-trade-secrets-case-4637581) * [Taiwan court sentences ex-Tokyo Electron staff to 10 years in TSMC trade secrets case — finance.yahoo.com](https://finance.yahoo.com/sectors/technology/articles/taiwan-court-sentences-ex-tokyo-091028497.html) * [Taiwan's TSMC exits Arm with \$231 million share sale — reuters.com](https://www.reuters.com/world/asia-pacific/taiwans-tsmc-exits-arm-with-231-million-share-sale-2026-04-29/) * [TSMC exits Arm investment with US\$231 million sale — digitimes.com](https://www.digitimes.com/news/a20260429PD230/tsmc-arm-investment-2024-mediatek.html) * [台積電出清安謀持股 獲利了結 — ec.ltn.com.tw](https://ec.ltn.com.tw/article/breakingnews/5419484) * [台积电全部清仓Arm股份 套现约2.31亿美元 — cnbeta.com.tw](https://www.cnbeta.com.tw/articles/tech/1560526.htm) * [What TSMC's \$231M Arm exit means for semiconductor stocks — tradingview.com](https://www.tradingview.com/news/invezz:d9a55abe6094b:0-what-tsmc-s-231m-arm-exit-means-for-semiconductor-stocks/) * [TSMC Dumps Arm Stake in \$231 Million Exit Move — finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/tsmc-dumps-arm-stake-231-193709278.html) * [TSMC exits Arm investment with US\$231 million sale (vocab duplicate) — digitimes.com](https://digitimes.com/news/a20260429PD230/tsmc-arm-investment-2024-mediatek.html) * [KMT chair requests meeting with Trump: Bloomberg — taipeitimes.com](https://taipeitimes.com/News/taiwan/archives/2026/05/01/2003856586) * [KMT chairwoman unveils plans to visit US in June — taipeitimes.com](https://taipeitimes.com/News/taiwan/archives/2026/04/28/2003856371) * [The KMT-CPC Meeting: Architecture of peace and global stability in a changing world — socialistchina.org](https://socialistchina.org/2026/04/29/the-kmt-cpc-meeting-architecture-of-peace-and-global-stability-in-a-changing-world/) * [KMT, TPP choose New Taipei City mayor candidate — taipeitimes.com](https://www.taipeitimes.com/News/taiwan/archives/2026/04/29/2003856437) * [KMT-TPP alliance backs Lee Shu-chuan for New Taipei mayor race — focustaiwan.tw](https://focustaiwan.tw/politics/202604280024) * [US, Philippines deploy anti-ship missile system in Batanes near Taiwan for war games — reuters.com](https://www.reuters.com/world/asia-pacific/us-philippines-deploy-anti-ship-missile-system-batanes-near-taiwan-war-games-2026-05-02/) * [US, Philippines showcase anti-ship missile system near Taiwan (video) — reuters.com](https://www.reuters.com/video/watch/idRW737202052026RP1/) * [This Billionaire is Loading Up On Taiwan Semiconductor (TSM) Despite Geopolitical Risks — finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/billionaire-loading-taiwan-semiconductor-tsm-133344342.html) * [Taiwan Semiconductor (TSM): Top 10 Stock that Billionaire Druckenmiller and Jim Cramer Like — finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/taiwan-semiconductor-tsm-top-10-143534244.html) * [Taiwan Semiconductor Manufacturing Company Ltd. (TSM) is Attracting Investor Attention — finance.yahoo.com](https://finance.yahoo.com/markets/stocks/articles/taiwan-semiconductor-manufacturing-company-ltd-130007228.html) * [Intel vs. TSM: Which Semiconductor Stock Looks Like the Better Investment? — tradingkey.com](https://tradingkey.com/analysis/stocks/us-stocks/261841913-intel-tsm-semiconductor-stock-investment-tradingkey) * [TSMC Stock (TSM) Opinions on Arizona Plant and Earnings Beat — quiverquant.com](https://www.quiverquant.com/news/TSMC+Stock+%28TSM%29+Opinions+on+Arizona+Plant+and+Earnings+Beat) * [Verity Asset Management Trims Taiwan Semiconductor (TSM) Stock Holdings — ico-optics.org](https://www.ico-optics.org/verity-asset-management-trims-taiwan-semiconductor-tsm-stock-holdings/) * [TSMC's unit TSMC Global acquires fixed-income securities for \$69.7 mln — marketscreener.com](https://www.marketscreener.com/news/tsmc-s-unit-tsmc-global-acquires-fixed-income-securities-for-69-7-mln-ce7f59d3d08ef023) * [INTC Stock May 03: Intel's Historic Rally Hits Record High — meyka.com](https://meyka.com/blog/intc-stock-may-03-intels-historic-rally-hits-record-high-0305/) * Taiwan Detects 29 Chinese Aircraft, 6 Vessels Near Its Waters — *** ### Japan flag Japan Sanae Takaichi spent the week building the partners Japan will need if the Strait of Hormuz stays dangerous — but the same crisis driving her diplomacy is now pushing inflation above target at home, forcing a harder choice she has so far declined to make. The prime minister's five-day swing through Hanoi and Canberra was the biggest Japanese diplomatic event this year. In Vietnam, she signed six agreements and reframed Japan's Free and Open Indo-Pacific strategy around what Tokyo now calls "economic security" — fusing supply-chain resilience, energy diversification, and critical minerals into one policy. Under Japan's \$10 billion Power Asia Initiative, Tokyo will help supply crude oil to Vietnam's Nghi Son Refinery, a direct hedge against Hormuz closure risk. Ms Takaichi was explicit: "Japan and ASEAN must jointly strengthen regional supply chains." Vietnam's thin rare-earth processing capacity limits how quickly the minerals push will pay off, but pledged Japanese investment for 2025 rose 19.4% and bilateral trade climbed 12.3%, even as new investment fell 75% year-on-year in the first quarter. Australia came next. The visit marked the 50th anniversary of the Japan-Australia Basic Treaty and coincided with an Australian Strategic Policy Institute report proposing that Canberra explore leasing Japanese conventional submarines — seven Oyashio, twelve Sōryū, and five Taigei — as a fallback if AUKUS runs into serious trouble. The proposal is think-tank advocacy, not policy, but it emerged as a serious option precisely because Australia has already signed contracts to buy Mogami-class frigates from Japan. Richard Marles, the deputy prime minister, has previously said there is "no other country quite as aligned with Australia as Japan." Summit outcome documents were not yet available. Even while travelling, Ms Takaichi held a second phone call with Masoud Pezeshkian, the Iranian president — the first was April 8 — urging safe Hormuz passage and swift resumption of US-Iran talks. She welcomed the transit of a Japanese-owned oil tanker through the strait as a "positive move." The LDP submitted policy proposals on using Japan's existing regional military presence to support safe passage, formalising an emerging debate. In New Delhi the same day, an LDP delegation met India's Bharatiya Janata Party (BJP) leadership; India's foreign ministry formally welcomed Japan's revised arms export rules, calling defence cooperation "an important pillar of the India-Japan special strategic and global partnership." The Hormuz crisis is driving Ms Takaichi's diplomacy. It is also upending the Bank of Japan's earlier rate calculations. The BOJ held its benchmark rate at 0.75% on April 28, but three of nine board members — Naoki Tamura, Hajime Takata, and, in a surprise shift, Junko Nakagawa — dissented in favour of an immediate hike. The BOJ simultaneously revised its core consumer price index (CPI) forecast for fiscal 2026 from 1.9% to 2.8%, the highest projection in the current tightening cycle, while cutting its economic growth forecast from 1.0% to 0.5%. Kazuo Ueda, the central bank governor, acknowledged that companies "may more actively pass on rising costs for oil-related goods" and confirmed a hike was possible "even while the Strait of Hormuz remains closed." The Iran war is pushing Japan's inflation up through knock-on price rises, not holding it below target. The question has shifted from whether inflation will reach 2% to whether it will overshoot and demand aggressive tightening. Economists expect the three dissenting members to keep pushing for a hike at the June meeting. Japan also intervened in the currency market on April 30 — its first such action in nearly two years — after the dollar reached 160.725 yen, its highest since July 2024. Satsuki Katayama, the finance minister, had said hours earlier that the "time to take decisive action was nearing." Atsushi Mimura, the top currency diplomat, called the intervention a "final evacuation warning" and warned the following day that "speculation remained rife." The dollar fell to 155.5 yen after the action. Analysts noted the move's effectiveness is limited without a concurrent BOJ rate hike — a bind that reflects how tightly the security environment and the domestic economy are now entangled. Investors had built the largest short-yen position in nearly two years before Japan stepped in. Ms Takaichi's most exposed domestic position, though, is her refusal to call for energy conservation. Polls show 74% of Japanese support saving energy; a separate survey puts 64% behind government-mandated measures. The government has declined, with the prime minister saying "economic activity should not be halted at this point." Japan is the only major oil-dependent nation not calling for demand reduction — South Korea and Malaysia have both done so. A naphtha shortage has already forced a major toilet manufacturer to suspend new orders and is hitting petrochemical firms. Local governments in Tottori and Tokyo have begun conservation measures on their own. The Petroleum Association of Japan's managing director publicly noted Japan's isolation; the association then issued a statement retracting his comment. If supply pressure deepens, this position will become harder to sustain. On the security front, Shinjiro Koizumi, the defence minister, travelled to Indonesia and the Philippines to advance arms export negotiations — the Philippines talks include a potential free transfer of an Abukuma-class destroyer; Indonesia is in line for a defence cooperation agreement. At Balikatan 2026, some 1,400 Japan Self-Defense Forces (JSDF) personnel are participating, ten times last year's number, and for the first time in combat roles rather than disaster response or observation — the direct result of the Philippines Reciprocal Access Agreement that took effect in September 2025. JS Ikazuchi transited the Taiwan Strait on April 17 en route to the exercise, the fourth such transit since September 2024. Japan's Maritime Self-Defense Force also completed a structural reform at the end of March, consolidating Mogami-class frigates into a new Patrol and Defense Group at Yokosuka to free destroyers for emergencies — an explicit response to Chinese coast guard fleet growth that now outnumbers Japan's coast guard by more than 2:1 in large vessels. Constitution Day on May 3 produced its annual rituals. Ms Takaichi told a pro-revision forum the constitution must be "periodically updated in accordance with the demands of the times." Polling published the same day showed the LDP's preferred approach — retaining both Article 9 paragraphs while adding a new clause explicitly recognising the Self-Defense Forces — at 60% support, above the referendum threshold. But 80% of respondents saw no need to revise Paragraph 1 outright, and 73% wanted broad cross-party agreement before any amendment. The LDP and its coalition partner, the Japan Innovation Party (Nippon Ishin no Kai), remain split: the LDP would add while retaining; the party would delete Paragraph 2 entirely. The coalition plans to submit emergency clause legislation this fiscal year but has set no timetable for Article 9. Counter-rallies were held nationwide the same day, with Kyodo News noting support "gaining traction through social media and other channels" — a sign that civil society opposition is more persistent than earlier coverage suggested. Ms Takaichi's approval fell three points to 69%, attributed to the "US-Japan summit glow fading," but remains high by any historical standard. The energy-saving standoff is now the most concrete immediate threat to her numbers: it ties an abstract policy stance to household economic pain on an issue where the public and the prime minister are plainly on opposite sides. * **Bank of Japan holds rates at 0.75% with three dissents, Ueda keeps June hike option open** — The Bank of Japan kept its benchmark policy rate unchanged at 0.75% at its April 28 meeting, citing uncertainty from the Middle East conflict, but three of nine board members dissented in favour of a hike — the highest dissent count in recent memory. Kazuo Ueda, the governor, signalled at his press conference that underlying inflation was approaching 2% and kept the door open to a June move, but declined to give a specific timing signal, sending the yen lower. *([bloomberg.com](https://www.reuters.com/world/asia-pacific/boj-governor-uedas-comments-news-conference-2026-04-28/))* * **State ceremony marks 100th anniversary of start of Showa Era; Emperor Naruhito and Takaichi attend** — On April 30 (Showa Day, a national holiday), the Japanese government held a ceremony at Tokyo's Nippon Budokan attended by Emperor Naruhito, Empress Masako, the prime minister, the Upper House president, the Lower House speaker, the Supreme Court chief justice, and approximately 5,620 others, commemorating the centennial of the Showa Era's start in 1926. Ms Takaichi gave a speech drawing lessons from the era for contemporary Japan. *([japantimes.co.jp](https://www.japantimes.co.jp/news/2026/04/30/japan/japan-showa-era-100-year-anniversary-event/))* * **Takaichi resists calls for energy-saving measures as Middle East supply anxiety grows** — With the war in the Middle East disrupting energy supplies, Ms Takaichi publicly opposed calls on April 28 for the government to urge Japanese households to limit energy consumption, arguing that current supply projections — including naphtha-derived petrochemicals — remain sufficient through year-end. The Japan Times reported polling showing a majority of Japanese favour conservation measures, putting Ms Takaichi's position at odds with popular sentiment. *([mainichi.jp](https://mainichi.jp/english/articles/20260427/p2g/00m/0na/023000c))* * **Japan LDP delegation meets India's BJP leadership to deepen party-to-party and bilateral ties** — An LDP delegation led by Takayuki Kobayashi, the party's policy research council chair, met Nitin Nabin, the BJP's national president, in New Delhi on May 3, discussing expansion of party-to-party links and Indo-Pacific cooperation. India's external affairs ministry separately welcomed Japan's new defence equipment transfer policy as a boost for bilateral security cooperation. *([theprint.in](https://theprint.in/india/bjp-chief-meets-representatives-of-japans-ldp-discusses-deepening-of-organisational-linkages/2920924/))* * **LDP proposes civil penalties for AI companies enabling copyright infringement and deepfakes** — Japan's ruling LDP formally called for new civil penalties targeting AI companies whose tools are used to infringe copyright or produce deepfakes, with a draft proposal to strengthen Japan's existing AI Law expected to be submitted to the government as early as May. Coverage appeared on IP and technology law outlets. *([ipwatchdog.com](https://ipwatchdog.com/2026/05/01/bites-barks-battery-ustr-special-301-recycling-patent-families-increase/))* * [Japan, Vietnam seek deeper energy, minerals ties amid geopolitical risks — reuters.com](https://www.reuters.com/world/asia-pacific/japans-pm-takaichi-hanoi-meet-vietnamese-leaders-2026-05-02/) * [Golden Week security assignments for Takaichi's Cabinet — japantimes.co.jp](https://japantimes.co.jp/editorials/2026/05/01/assignments-for-takaichis-cabinet) * [Takaichi to discuss new energy framework with Vietnam — www3.nhk.or.jp](https://www3.nhk.or.jp/nhkworld/en/news/20260502_02/) * [Japan Prime Minister Takaichi to visit Vietnam, Australia — www3.nhk.or.jp](https://www3.nhk.or.jp/nhkworld/en/news/20260428_16/) * [Federal politics live: Japan's PM touches down in Canberra for first visit to Australia — abc.net.au](https://www.abc.net.au/news/2026-05-04/federal-politics-live-blog-sanae-takaichi-/106637392) * [Takaichi arrives in Australia — thesaturdaypaper.com.au](https://www.thesaturdaypaper.com.au/post/2026/05/04/takaichi-arrives-australia) * [Japan's Takaichi pledges deeper energy cooperation with Vietnam — aljazeera.com](https://www.aljazeera.com/news/2026/5/2/japans-takaichi-pledges-deeper-energy-cooperation-with-vietnam) * [Takaichi Set for Australia Visit to Strengthen Japan Alliance — bloomberg.com](https://bloomberg.com/news/articles/2026-05-03/takaichi-set-for-australia-visit-to-strengthen-japan-alliance) * [Japan's Takaichi Outlines New Indo-Pacific Strategy in Vietnam Speech — bloomberg.com](https://bloomberg.com/news/articles/2026-05-01/japan-s-takaichi-to-revamp-indo-pacific-vision-in-vietnam-speech) * [AUKUS back-up plan not on cards for Japanese PM visit — canberratimes.com.au](https://www.canberratimes.com.au/story/9238392/aukus-back-up-plan-not-on-cards-for-japanese-pm-visit/) * [Sanae Takaichi visit: Japan's PM arrives in Australia to discuss China and energy security — smh.com.au](https://www.smh.com.au/politics/federal/australia-urged-to-consider-back-up-plan-for-subs-ahead-of-top-level-meeting-20260501-p5zsyp.html) * [Takaichi bound for Australia to strengthen economic, security ties — scmp.com](https://www.scmp.com/news/asia/australasia/article/3352272/takaichi-bound-australia-strengthen-economic-security-ties) * [Australia and Japan face a similar dilemma: how to be indispensable to the US without relying on it — theconversation.com](https://theconversation.com/australia-and-japan-face-a-similar-dilemma-how-to-be-indispensable-to-the-us-without-relying-on-it-281318) * [Japan's 'Iron Lady' lands in Australia to shore up ties — au.news.yahoo.com](https://au.news.yahoo.com/japans-iron-lady-lands-australia-173000691.html) * [Australia news LIVE: Ship attacked near Strait of Hormuz as Iran says it is reviewing US response — theage.com.au](https://www.theage.com.au/national/australia-news-live-ship-attacked-near-strait-of-hormuz-as-iran-says-it-is-reviewing-us-response-to-14-point-proposal-to-end-war-20260503-p5ztcm.html) * [WA news LIVE: AFL legend Dennis Cometti to be farewelled in Perth today — watoday.com.au](https://www.watoday.com.au/national/western-australia/wa-news-live-afl-legend-dennis-cometti-to-be-farewelled-in-perth-today-20260504-p5ztf3.html) * [PM Takaichi's visit expected to open up new horizons for VN-Japan cooperation — vietnamnet.vn](https://vietnamnet.vn/en/pm-takaichi-s-visit-expected-to-open-up-new-horizons-for-vn-japan-cooperation-2511709.html) * [Japan PM inspired by Vietnam's rise, eyes return to historic Hoi An — vietnamnet.vn](https://vietnamnet.vn/en/japan-pm-inspired-by-vietnam-s-rise-eyes-return-to-historic-hoi-an-2512035.html) * [Japan's PM Takaichi in Hanoi, to meet Vietnamese leaders — thestandard.com.hk](https://www.thestandard.com.hk/world/article/330901/Japans-PM-Takaichi-in-Hanoi-to-meet-Vietnamese-leaders) * [Japan's Strategic Pivot: How Sanae Takaichi Is Reshaping the Indo-Pacific Alliance Architecture — sldinfo.com](https://sldinfo.com/2026/05/japans-strategic-pivot-how-sanae-takaichi-is-reshaping-the-indo-pacific-alliance-architecture/) * [Takaichi to Visit Vietnam, Australia as FOIP Enters New Era — japan-forward.com](https://japan-forward.com/takaichi-to-visit-vietnam-australia-as-foip-enters-new-era/) * [Japanese PM outlines Indo-Pacific vision, expands Vietnam ties in Hanoi speech — e.vnexpress.net](https://e.vnexpress.net/news/news/japanese-pm-outlines-indo-pacific-vision-expands-vietnam-ties-in-hanoi-speech-5069237.html) * [Takaichi pitches stronger Việt Nam–Japan partnership in Indo-Pacific vision speech — vietnamnews.vn](https://vietnamnews.vn/politics-laws/1780604/takaichi-pitches-stronger-viet-nam-japan-partnership-in-indo-pacific-vision-speech.html) * [Article 9 in focus as Takaichi pushes for revision of Constitution — japantimes.co.jp](https://www.japantimes.co.jp/news/2026/05/03/japan/politics/takaichi-constitution-day/) * [Japan PM Takaichi reaffirms push to revise Constitution for modern times — english.kyodonews.net](https://english.kyodonews.net/articles/-/75342) * [Majority of Japanese support constitutional revision: poll — upi.com](https://www.upi.com/Top_News/World-News/2026/05/03/japan-constitution-amendment-public-support-remains-above-50/9801777847035) * [Japan PM Takaichi Signals Constitution Revision — newkerala.com](https://www.newkerala.com/news/a/japanese-prime-minister-signals-revision-constitution-119.htm) * [Japanese Prime Minister signals revision of constitution — prokerala.com](https://www.prokerala.com/news/articles/a1758279.html) * [Japanese Prime Minister reaffirms intention to revise constitution — thepeninsulaqatar.com](http://thepeninsulaqatar.com/article/03/05/2026/japanese-prime-minister-reaffirms-intention-to-revise-constitution) * [Takaichi reaffirms push to revise Constitution for modern times — japantoday.com](https://japantoday.com/category/politics/japan-pm-takaichi-reaffirms-push-to-revise-constitution-for-modern-times) * [Japanese Prime Minister signals revision of constitution — thehansindia.com](https://www.thehansindia.com/news/international/japanese-prime-minister-signals-revision-of-constitution-1071767) * [Exclusive: Ukraine sees path to getting Japanese arms after Tokyo eases export rules — reuters.com](https://www.reuters.com/business/aerospace-defense/ukraine-sees-path-japanese-arms-after-tokyo-eases-export-rules-2026-04-30/) * [Japan's Takaichi inaugurates panel to review defense policies — apnews.com](https://apnews.com/article/japan-takaichi-security-strategy-military-205195780b1577a8304b0df076d57018) * [Latecomer Japan eyes slice of rising global defense spending — manilatimes.net](https://www.manilatimes.net/2026/05/03/world/latecomer-japan-eyes-slice-of-rising-global-defense-spending/2334424) * [Japan eases its prohibitive defence export policy — asianmilitaryreview.com](https://www.asianmilitaryreview.com/2026/04/japan-eases-its-prohibitive-defence-export-policy-foc/) * [Takaichi stresses Japan's overall strength in revising key security documents — www3.nhk.or.jp](https://www3.nhk.or.jp/nhkworld/en/news/20260427_20/) * ['Offensive, expansionist and dangerous' - China slams Japan for 'revival of militaristic past' — wakeup.sg](https://wakeup.sg/china-condemns-japan-militarism/) * [Japan steps into FX market for first time in two years to boost yen, sources say — reuters.com](https://www.reuters.com/business/finance/japan-yen-surges-2-officials-issue-strongest-intervention-warning-yet-2026-04-30/) * [Japanese yen jumps against dollar hours after intervention — reuters.com](https://www.reuters.com/world/asia-pacific/japan-yen-suddenly-jumps-against-dollar-2026-05-01/) * [Dollar set for sharp weekly loss versus yen after Japan steps in — reuters.com](https://www.reuters.com/world/asia-pacific/yen-trims-gains-against-dollar-after-japans-intervention-markets-2026-05-01/) * [Japan issues final warning as USD/JPY tests key 160 handle — ph.investing.com](https://ph.investing.com/news/forex-news/japan-issues-final-warning-as-usdjpy-tests-key-160-handle-93CH-2363927) * [Yen Slips as BOJ's Ueda Fails to Give Clear Rate-Hike Signal — bloomberg.com](https://www.bloomberg.com/news/articles/2026-04-28/yen-gains-against-dollar-after-boj-keeps-interest-rates-on-hold) * [BOJ Governor Ueda's comments at news conference — reuters.com](https://www.reuters.com/world/asia-pacific/boj-governor-uedas-comments-news-conference-2026-04-28/) * [BOJ keeps policy rate unchanged amid Iran uncertainty — www3.nhk.or.jp](https://www3.nhk.or.jp/nhkworld/en/news/20260428_B3/) * [Three dissents at BOJ policy board meeting suggest hawkishness ahead — japantimes.co.jp](https://www.japantimes.co.jp/business/2026/04/28/economy/boj-meeting-april-2026/) * [BoJ Governor Ueda discusses policy outlook after the expected interest rate hold — fxstreet.com](https://www.fxstreet.com/news/bank-of-japan-expected-to-hold-rates-amid-iran-war-driven-inflation-fears-202604272300) * [Charting the global economy: ECB is leaning toward rate hikes — economictimes.indiatimes.com](https://economictimes.indiatimes.com/small-biz/trade/exports/insights/charting-the-global-economy-ecb-is-leaning-toward-rate-hikes/articleshow/130727270.cms) * [Takaichi urges Iran to secure safe passage of ships through Strait of Hormuz — japantoday.com](https://japantoday.com/category/politics/update2-japan-seeks-iran's-assurance-on-safe-hormuz-ship-passage-pm-takaichi) * [Japan seeks Iran's assurance on safe Hormuz ship passage: PM Takaichi — english.kyodonews.net](https://english.kyodonews.net/articles/-/75196) * [Japan foreign minister urges Iran to show flexibility in standoff with U.S. — japantoday.com](https://japantoday.com/category/politics/japan-foreign-minister-urges-iran-flexibility-amid-u.s.-iran-standoff) * [Japan's Forgotten Deployment to the Middle East — thediplomat.com](https://thediplomat.com/2026/05/japans-forgotten-deployment-to-the-middle-east) * [Takaichi speaks at event marking 100 years since start of Showa Era — japantimes.co.jp](https://www.japantimes.co.jp/news/2026/04/30/japan/japan-showa-era-100-year-anniversary-event/) * [Emperor Naruhito graces the centennial celebration, paying tribute to the enduring legacy of the Showa Era — arabnews.jp](https://www.arabnews.jp/en/japan/article_169205/) * [On Showa centenary, Japan PM Takaichi pledges to bring hope to nation — www3.nhk.or.jp](https://www3.nhk.or.jp/nhkworld/en/news/20260430_02/) * [Showa 100th Anniversary Event Held in Tokyo — sp.m.jiji.com](https://sp.m.jiji.com/english/show/47396) * [PM Takaichi opposes urging Japanese to save energy amid Middle East crisis — mainichi.jp](https://mainichi.jp/english/articles/20260427/p2g/00m/0na/023000c) * [Japanese public wants energy-saving as Takaichi holds back — japantimes.co.jp](https://www.japantimes.co.jp/news/2026/04/28/japan/japan-public-energy-saving/) * [Takaichi: Japan projected to secure enough supply of naphtha-derived products — www3.nhk.or.jp](https://www3.nhk.or.jp/nhkworld/en/news/20260430_17/) * [BJP chief meets representatives of Japan's LDP, discusses deepening of organisational linkages — theprint.in](https://theprint.in/india/bjp-chief-meets-representatives-of-japans-ldp-discusses-deepening-of-organisational-linkages/2920924/) * [Japan's LDP delegation meets BJP chief; India hails defence policy move — newsable.asianetnews.com](https://newsable.asianetnews.com/india/japans-ldp-delegation-meets-bjp-chief-india-hails-defence-policy-move-articleshow-dsffe39) * [Japanese delegation meets BJP National President Nitin Nabin — aninews.in](https://aninews.in/news/national/general-news/japanese-delegation-meets-bjp-national-president-nitin-nabin20260503173243/) * [Rajya Sabha MP Shringla highlights potential to take India-Japan partnership 'to next level' — tribuneindia.com](https://www.tribuneindia.com/news/world/rajya-sabha-mp-shringla-highlights-potential-to-take-india-japan-partnership-to-next-level/) * [Other Barks & Bites for Friday, May 1: Japan's LDP Calls for Penalties Against Malicious Copyright Infringement By Generative AI — ipwatchdog.com](https://ipwatchdog.com/2026/05/01/bites-barks-battery-ustr-special-301-recycling-patent-families-increase/) * [3 Count: Dark and Done-r — plagiarismtoday.com](https://www.plagiarismtoday.com/2026/04/30/3-count-dark-and-done-r/) * [Takaichi government approval rating slips 3 points to 69% as post-summit glow fades — asia.nikkei.com](https://asia.nikkei.com/politics/takaichi-s-approval-rating-slips-as-glow-from-us-japan-summit-fades) * [Takaichi vows to support environment for sustained wage hikes at May Day event — japantimes.co.jp](https://japantimes.co.jp/business/2026/04/29/takaichi-may-day-wage-hikes) * [Bloomberg profile: Takaichi and Finance Minister Katayama as Japan's first female PM-Finance Minister pairing — bloomberg.com](https://bloomberg.com/news/newsletters/2026-04-29/sanae-takaichi-and-seiko-katayama-the-women-leading-japan) * [Kyodo opinion: Takaichi six months in — stable majority, split Diet, Iran as top challenge — english.kyodonews.net](https://english.kyodonews.net/articles/-/75179) * [LDP Youth Division delegation visits Taiwan for political exchanges — focustaiwan.tw](https://focustaiwan.tw/politics/202605020006) * [Defence Minister Koizumi to make five-day trip to Indonesia and Philippines for security talks — japantoday.com](https://japantoday.com/category/politics/japan-to-hold-defense-ministerial-talks-in-indonesia-philippines) * [Analysis: LDP faction-style structures quietly re-emerging inside ruling party — langleyesquire.com](https://langleyesquire.com/en/japanese-politics-updates-20260426/) * [JMSDF establishes new Patrol and Defense Group with Mogami-class vessels in March restructuring — navalnews.com](https://navalnews.com/naval-news/2026/04/jmdsf-sets-up-patrol-and-defense-group-with-mogami-class-vessels) * [JSDF participates as combat troops in Balikatan 2026 alongside Philippines and US — thehansindia.com](https://www.thehansindia.com/news/international/11-ships-from-five-nations-sail-through-south-china-sea-during-multilateral-exercise-balikatan-1069754) * [JMOD briefs Yonaguni residents on Type-03 missile deployment plans and troop increases through FY2030 — asianmilitaryreview.com](https://asianmilitaryreview.com/2026/04/jmod-details-type-03-missile-plans-in-briefing-to-yonaguni-residents-nsbt) * [JSDF serves as observer in Philippine airspace defence exercise during Balikatan 2026 — maharlikanews.com](https://www.maharlikanews.com/afp-us-military-practice-defending-philippine-airspace/) * [Japan-Saudi Parliamentary Friendship League meets in Tokyo, calls for enhanced bilateral ties — arabnews.com](https://arabnews.com/node/2641833/saudi-arabia) * [Analysis: Quad alliance under strain as US participation in 2026 summit uncertain — isitpropaganda.substack.com](https://isitpropaganda.substack.com/p/the-coalition-model-that-no-longer) *** ### South Korea flag South Korea Lee Jae-myung this week stopped managing American pressure and started resisting it — a shift that, taken alongside his government's move to change what South Korea calls North Korea, marks a president who has decided his mandate is strong enough to challenge the terms of both relationships. The first signal came from the Cabinet. On April 29, Mr Lee told his ministers that South Korea must resolve pending issues "according to common sense and principles" and build a "healthy, future-oriented relationship" with its allies. Nobody in Seoul doubted the audience. The framing — mutual respect, in a relationship with Washington — is not the language of a government eager to ease tensions. The second signal was louder. The day before, Park Hong-bae and 95 other lawmakers from the Democratic Party of Korea and allied parties walked into the US Embassy and delivered a protest letter calling Congressional attempts to link the alliance to a domestic investigation of Coupang an "infringement on judicial sovereignty." Roughly a third of the National Assembly signed it. The Foreign Ministry confirmed it was weighing a formal reply to the Republican lawmakers who had written first. Mr Park said lawmakers acted without prior co-ordination with the government — though Mr Lee's own Cabinet remarks the following day left no doubt about his government's position. The third signal was the most constitutionally charged. Chung Dong-young, the unification minister, sponsored a public conference on whether South Korea should begin calling North Korea by its own preferred name, "Joseon," rather than the term currently used. Kim Nam-jung, the vice unification minister, opened the event by citing the 1972 West German-East German Basic Treaty — in which the two states recognised each other's names as a prelude to expanded exchanges — as a model. Legal experts at the conference said adoption would not automatically constitute diplomatic recognition. Song Eon-seog, floor leader of the People Power Party (PPP), called it unconstitutional outright: South Korea's constitution defines the entire peninsula as its territory, and he demanded the minister's dismissal. Democratic Party lawmakers walked out of the plenary session. The conference happened anyway. Samsung's earnings, reported the same week, offered a different kind of argument for South Korean confidence. The company posted 57.2 trillion won in first-quarter operating profit — more than its entire profit for 2025, in a single quarter. The chip division generated 53.7 trillion won of that, up from 1 trillion won in the same quarter a year earlier. Operating margins exceeded 70%. Samsung warned that its demand fulfilment rate is at a record low, with customers booking supply years ahead; the company expects the gap between supply and demand to widen further into 2027. Korean memory chips are not merely competitive — they are, on any near-term timeline, irreplaceable. An additional piece of news eased a separate concern: the Samsung Electronics union chief clarified that Mr Lee's earlier warning against "excessive demands" targeted LG Uplus, which had sought 30% of operating profit as a bonus, not Samsung's union, which wants 15%. The May 21 strike threat looks less likely to disrupt production than it did last week. South Korea's financial reach continued to grow. Three South Korean financial institutions moved simultaneously into digital finance infrastructure: KBank completed a blockchain remittance proof-of-concept with Ripple targeting the UAE and Thailand; Woori Bank and MoonPay Korea signed an agreement to distribute a won-backed stablecoin for cross-border settlement; and KB Financial Group signed deals with both Pantera Capital and the Bank of Korea for blockchain and digital currency infrastructure testing. All three companies say they are getting ahead of the Digital Asset Basic Act. Commercial banks as well as the state are now building won internationalisation — an explicit goal of the new Bank of Korea governor. At the annual meeting of the Asian Development Bank (ADB) in Samarkand, Hwang Ki-yeon, president of South Korea's Export-Import Bank (Eximbank), committed \$500m by 2029, with a target of \$2–3bn over time, to co-finance critical minerals projects across Asia-Pacific through the ADB. China supplies over 80% of the processed minerals South Korea needs; that dependence became acute when Beijing imposed rare earth export controls last year. This is the first time Seoul has routed its supply-chain strategy through a multilateral institution rather than pursuing bilateral deals alone — offering smaller economies more political cover to follow suit. In Samarkand, the Bank of Korea also co-chairs the technical working group driving an upgrade of the Chiang Mai Initiative Multilateralisation from a commitment-based to a paid-in capital structure, which would convert the region's financial safety net from a promise into cash. The most internationally covered story of the week was domestic. The Seoul High Court increased Yoon Suk-yeol's prison sentence from five to seven years, adding charges not in the original verdict; the same court raised Kim Keon-hee's sentence to four years on stock manipulation and bribery charges, convicting her of additional offences including gift acceptance and a price manipulation charge on which she had previously been acquitted. A special prosecutor also summoned Mr Yoon for questioning, and the court held a preliminary hearing in his insurrection appeal, where prosecutors have asked for a life sentence. The international coverage is itself a signal — the courts' pursuit of the old regime is drawing wider attention than any earlier Yoon hearing — but the domestic significance is confirmation of a pattern already in place, not a new development. The process is widening on schedule, maintaining the conditions that make PPP recovery difficult before the June 3 elections. Those conditions are not improving for the opposition. Jang Dong-hyuk, the PPP chairman, and Mr Song campaigned separately this week. Candidates have begun physically excluding Mr Jang from events: Oh Se-hoon, the Seoul mayoral candidate, held a nomination ceremony at the National Assembly without arranging a seat for the party chairman. Mr Lee's approval fell three points to 62.2%, driven by economic anxiety over oil prices and inflation linked to the Iran war. He has been above 60% for seven consecutive weeks; the floor appears durable even if the ceiling has come down. One new complication arrived with the release of Yoo Dong-gyu, one of three Daejang-dong corruption figures freed as their detention periods expired. Mr Yoo publicly claimed the land development scheme "could not have proceeded without the mayor's knowledge" — the most direct public accusation yet linking Mr Lee to the scandal. Presidential immunity bars prosecution while Mr Lee is in office, and Mr Yoo has made similar claims throughout the investigation. But he is now making them as a free man, which changes the political weight of the accusation, if not its legal standing. * **Samsung posts record first-quarter earnings on AI memory boom, warns supply shortage will worsen through 2027** — Samsung Electronics reported an approximately eightfold increase in first-quarter 2026 operating profit to 57.3 trillion won, driven almost entirely by its chip division amid surging AI infrastructure demand. In the same earnings call the company warned of a severe memory supply shortage expected to deepen into 2027, with SK Hynix issuing similar warnings; the results also raised concerns about a two-tier economy as chipmaker workers face record bonuses. *([cnbc.com](https://www.reuters.com/sustainability/sustainable-finance-reporting/samsung-elec-q1-profit-surges-eightfold-record-2026-04-30/))* * **Bank of Korea holds rates steady at 2.50%, cites Iran war uncertainty; new governor outlines digital currency priorities** — Minutes released April 28 from the Bank of Korea's (BOK) April 10 meeting show the monetary policy board adopted a cautious stance, citing heightened uncertainty from the Iran war's impact on growth and inflation; the BOK kept its benchmark rate at 2.50%. Separately, Shin Hyun-song, the incoming governor, who will chair his first policy meeting on May 28, outlined priorities including central bank digital currencies and deposit tokens to globalise the won. *([reuters.com](https://www.reuters.com/world/asia-pacific/south-koreas-central-bank-cites-war-uncertainty-cautious-approach-minutes-show-2026-04-28/))* * **Lee Jae-myung delivers Labour Day workplace safety pledges; warns against excessive union demands ahead of Samsung strike threat** — Lee Jae-myung held the first Blue House Labour Day ceremony on May 2, pledging zero compromise on workplace safety and calling workers "the backbone of the economy." On April 28 he made similar remarks on Industrial Accident Workers Day. Later in the week Mr Lee warned that excessive union demands could harm fellow workers — remarks interpreted as directed at Samsung Electronics' union, which threatened an 18-day strike from May 21 over bonus structures. *([koreaherald.com](https://koreaherald.com/article/10729835))* * **June 3 local elections and parliamentary by-elections heat up; PPP leadership divided, DPK aides resign to run** — Preparations for the June 3 local elections and parliamentary by-elections intensified this week. Two senior presidential aides — AI secretary Ha Jung-woo and spokesperson Jeon Eun-soo — resigned to pursue candidacies for the Democratic Party of Korea (DPK). Jang Dong-hyuk, chairman of the People Power Party (PPP), and Song Eon-seok, the floor leader, are campaigning separately, raising concern about internal discord; the PPP's Daegu chief apologised over nomination controversies. A DPK Busan candidate faced backlash over a viral "hand-wiping" video. The K-Arts university relocation also became a campaign flashpoint. *([koreaherald.com](https://en.sedaily.com/finance/2026/04/30/divided-ppp-leadership-campaigns-separately-as-candidates))* * **Korean banking sector pushes into digital finance: won-backed stablecoin, mobile ID expansion, and KB Financial's blockchain partnership** — Several South Korean financial institutions announced digital finance moves this week: MoonPay Korea signed a memorandum of understanding (MOU) with Woori Bank to support global distribution of a won-backed stablecoin; KB Financial Group partnered with Pantera Capital for blockchain development and signed a separate MOU with the Bank of Korea (BOK) for Project Han River, a digital currency infrastructure testing initiative; and the government announced expansion of its mobile ID service to 12 apps by 2027. *([prnewswire.com](https://prnewswire.com/news-releases/moonpay-korea-to-power-global-distribution-of-won-backed-stablecoin-302758747.html))* * **96 South Korean lawmakers protest US congressional intervention in Coupang investigation** — Park Hong-bae and 95 other lawmakers from the Democratic Party of Korea (DPK) and allied minor parties held a press conference on April 28 to deliver a joint protest letter to the US over alleged attempts by US lawmakers to link the Korea-US alliance to a domestic investigation of Coupang, calling it an "infringement on judicial sovereignty." *([koreatimes.co.kr](https://www.koreatimes.co.kr/southkorea/politics/20260428/96-korean-lawmakers-blast-us-for-infringing-on-judicial-sovereignty-over-coupang-probe))* * **Lee Jae-myung reaffirms inter-Korean engagement on Panmunjom Declaration anniversary** — On April 27, the eighth anniversary of the Panmunjom Declaration, Lee Jae-myung sent a message pledging to take proactive steps to restore trust with North Korea and promote peace on the Korean Peninsula, calling on Pyongyang to respond. Moon Jae-in, a former president, also spoke at the ceremony. *([koreatimes.co.kr](https://koreatimes.co.kr/foreignaffairs/northkorea/20260427/lee-reaffirms-commitment-to-restoring-inter-korean-trust-calls-for-pyongyangs-response))* * **Lee Jae-myung meets Google DeepMind chief executive, discusses AI governance, Seoul AI Campus, and basic income** — Lee Jae-myung met Demis Hassabis, co-founder and chief executive of Google DeepMind, at Cheong Wa Dae on April 27 to discuss responsible AI use, global safety standards, plans for a Seoul AI Campus, and basic income policy in the AI era. *([chosun.com](https://www.chosun.com/english/national-en/2026/04/27/YYSG4YR565HVROFUSVDMF2QW7U/))* * **Korean national appointed World Bank market risk director; Eximbank signs ADB minerals agreement** — Min Jin-ah, a Korean banking veteran at the World Bank's Multilateral Investment Guarantee Agency (MIGA), was appointed Director for Market and Counterparty Risk at the World Bank Group — the fourth Korean to reach director level there. Separately, South Korea's Export-Import Bank signed a memorandum of understanding with the Asian Development Bank (ADB) to jointly finance critical minerals projects and stabilise supply chains for Korean companies. *([koreaherald.com](https://koreaherald.com/article/10730328))* * **PPP vs MBC: opposition party threatens broadcast coverage ban over anchor's closing remarks on insurrection trial** — The People Power Party (PPP) on April 28 accused the Munhwa Broadcasting Corporation (MBC) of broadcasting politically biased commentary — a closing remark by anchor Chu Kyung-ho about the insurrection trial — and threatened to refuse MBC coverage unless the broadcaster apologised, claiming "election interference." *([khan.co.kr](https://khan.co.kr/en/article/202604280842007))* * **Lee Jae-myung's India visit analysed as upgrade to semiconductor and supply-chain partnership** — Commentary pieces published in Indian outlets assessed Lee Jae-myung's three-day New Delhi state visit in April 2026 — his third meeting with Narendra Modi, India's prime minister, in 12 months — as an attempt to convert the Korea-India "Special Strategic Partnership" into concrete semiconductor, AI, and supply-chain deliverables. *([dailyexcelsior.com](https://www.dailyexcelsior.com/lee-jae-myung-visits-india-turns-slogan-to-supply-chain/))* * **North Korea linked to new wave of AI-enhanced npm malware attacks and crypto theft** — Security researchers reported a new wave of North Korean-linked cyberattacks using AI-inserted malicious npm packages to enable crypto theft and remote-access trojan installation; separately, a weekly crypto security roundup noted North Korea was responsible for the bulk of global cryptocurrency theft so far in 2026. *([thehackernews.com](https://thehackernews.com/2026/04/new-wave-of-dprk-attacks-uses-ai.html))* * **Bell and KAI sign memorandum of understanding to propose MV-75 tiltrotor for South Korea's helicopter replacement programme** — Bell Textron and Korea Aerospace Industries (KAI) signed a memorandum of understanding on April 28 to study an MV-75 Cheyenne II tiltrotor solution for South Korea's helicopter replacement programme (HSMUH), which seeks to replace approximately 103 Sikorsky UH-60P Black Hawks in Republic of Korea Army service. *([aerotime.aero](https://www.aerotime.aero/articles/bell-kai-mou-mv-75-tiltrotor-south-korea-hsmuh))* * **South Korea commissions fourth Chungnam-class frigate, expects six domestically built frigates by 2028** — The Republic of Korea Navy commissioned the ROKS Jeju (FFG-832), its fourth Chungnam-class frigate, with two more planned before 2028; the frigates are built by Hyundai Heavy Industries and represent South Korea's continued investment in domestically produced blue-water naval vessels. *([nationalinterest.org](https://nationalinterest.org/blog/buzz/south-korea-just-got-newest-frigates-with-more-on-way-ps-050226))* * **Daejang-dong corruption detainees released; figures implicate Lee Jae-myung** — Detention periods expired for three key Daejang-dong land development scandal figures — Yoo Dong-gyu, Nam Wook, and Kim Man-bae — who were released; Mr Yoo claimed that Lee Jae-myung had prior knowledge of the corruption. *([chosun.com](https://www.chosun.com/english/national-en/2026/04/30/7ZD64QZ5BFEHXBBTEA4NXTFNSY/))* * **Bank of Korea data shows AI is sharply reducing youth employment in exposed industries** — A Seoul Economic Daily report citing Bank of Korea (BOK) analysis of National Pension Service data found that youth employment in South Korea fell by 211,000 over three years, with 208,000 of those losses occurring in AI-exposed industries; the BOK noted AI more easily replaces the routine tasks of younger, less experienced workers. *([en.sedaily.com](https://en.sedaily.com/society/2026/05/01/ai-to-reshape-more-than-half-of-us-jobs-within-years-bcg))* * **Samsung family completes payment of record 12 trillion won inheritance tax over five years** — The heirs of Lee Kun-hee, the late Samsung chairman, including Lee Jae-yong, the group's chairman, completed payment of the 12 trillion won inheritance tax on his estate — one of the largest inheritance tax bills ever recorded globally — five years after his death in 2020. *([mk.co.kr](https://www.mk.co.kr/en/business/12034433))* * **DPK accused of planning constitutional changes to remove 'freedom' language; analyst testimony draws international attention** — Two Western-leaning outlets published accounts of a defector-turned-analyst testifying that the Lee Jae-myung administration and the Democratic Party of Korea (DPK) are pursuing rapid constitutional revision, raising concerns about eliminating the word "freedom" from the constitution and restricting North Korean defector rights, characterising it as a pro-Chinese Communist Party (CCP) policy shift. *([cosmictribune.com](https://worldtribune.com/analyst-testifies-that-anti-freedom-left-in-south-korea-now-controls-media-levers-of-power/))* * [South Korean appeals court increases jail term for former President Yoon in obstruction case — reuters.com](https://www.reuters.com/world/asia-pacific/south-korean-appeals-court-gives-7-year-jail-term-former-president-yoon-arrest-2026-04-29/) * [Former South Korean President Yoon Suk Yeol gets 7 more years in prison from Seoul appeals court — foxnews.com](https://www.foxnews.com/world/court-sentences-former-world-leader-7-years-prison-resisting-arrest-charges) * [South Korea's ex-president has jail term increased on appeal — independent.co.uk](https://independent.co.uk/bulletin/news/south-korea-yoon-suk-yeol-b2967102.html) * [South Korean court sentences ex-President Yoon to 7 years in prison — npr.org](https://www.npr.org/2026/04/29/g-s1-119165/south-korean-court-sentences-ex-president-yoon) * [Appeals court increases ex-President Yoon's sentence to 7 yrs in obstruction of justice case — upi.com](https://www.upi.com/Top_News/World-News/2026/04/29/korea-Yoon-Suk-Yeol-appeal-incease-seven-year-obstruction-prosecutors/2091777455113/) * [Court extends sentence for wife of ousted South Korean president — apnews.com](https://apnews.com/article/south-korea-martial-law-yoon-wife-kim-ece62dfc5d6e9eb88048d37b98d1d8f9) * [South Korea: Yoon's obstruction sentence hiked to 7 years — dw.com](https://dw.com/en/south-korea-yoons-obstruction-sentence-hiked-to-7-years/a-76976474) * [South Korea: Ex-first lady Kim handed longer graft sentence — dw.com](https://www.dw.com/en/south-korea-ex-first-lady-kim-handed-longer-graft-sentence/a-76964144) * [South Korean court increases former president's jail term for obstructing justice — independent.co.uk](https://www.independent.co.uk/news/yoon-suk-yeol-cabinet-seoul-south-korean-president-b2967013.html) * [South Korean court hikes ex-president's sentence for obstructing justice — japantimes.co.jp](https://www.japantimes.co.jp/news/2026/04/30/asia-pacific/politics/south-korea-yoon-obstructing-justice/) * [South Korean court sentences ex-President Yoon to 7 years for charges including resisting arrest — abcnews.com](https://abcnews.com/International/wireStory/south-korean-court-sentences-president-yoon-7-years-132485899) * [South Korean Appeals Court Gives 7-Year Jail Term to Former President Yoon in Arrest Obstruction Case — usnews.com](https://www.usnews.com/news/world/articles/2026-04-29/south-korean-appeals-court-gives-7-year-jail-term-to-former-president-yoon-in-arrest-obstruction-case) * [S. Korean court sentences ex-Pres. to 7 years for charges including resisting arrest — krmg.com](https://krmg.com/2026/04/29/south-korean-court-sentences-ex-president-yoon-to-7-years-for-charges-including-resisting-arrest) * [South Korean court extends prison sentence for wife of ousted president — npr.org](https://www.npr.org/2026/04/28/g-s1-119050/south-korean-court-extends-prison-sentence-for-wife-of-ousted-president) * [South Korean court convicts wife of ousted President Yoon on further corruption charges — ktvb.com](https://www.ktvb.com/article/syndication/associatedpress/south-korean-court-convicts-of-wife-of-ousted-president-yoon-on-further-corruption-charges/616-29b230f4-abb2-45be-a696-e0fc67423132) * [South Korean court increases ex-first lady's graft sentence — arabnews.pk](https://www.arabnews.pk/node/2641550/world) * [South Korea hands another prison sentence to ex-President Yoon Suk Yeol — plataformamedia.com](https://www.plataformamedia.com/en/2026/04/29/yoon-suk-yeol-prison-sentence/) * [South Korean court hikes ex-president's sentence for obstructing justice (Roya News) — en.royanews.tv](https://en.royanews.tv/news/69372) * [Ex-S Korean president Yoon gets longer jail sentence — news.rthk.hk](https://news.rthk.hk/rthk/en/component/k2/1852917-20260429.htm) * [El tribunal surcoreano condenó al ex presidente Yoon Suk Yeol a siete años de prisión — infobae.com](https://www.infobae.com/america/mundo/2026/04/29/el-tribunal-surcoreano-condeno-al-ex-presidente-yoon-suk-yeol-a-siete-anos-de-prision/) * [Yoon Suk Yeol, expresidente de Corea del Sur, condenado a 7 años de prisión — cadena3.com](https://www.cadena3.com/noticia/mundo/yoon-suk-yeol-expresidente-de-corea-del-sur-condenado-a-7-anos-de-prision_546068) * [Condena a Yoon Suk Yeol: tribunal dicta 7 años de prisión — laverdadnoticias.com](https://laverdadnoticias.com/ultimas-noticias/mundo/condena-a-yoon-suk-yeol) * [Yoon Suk-yeol: condenan a siete años de prisión en Corea del Sur — periodicolavoz.com.mx](https://periodicolavoz.com.mx/mundo/sentencia-de-prision-para-yoon-suk-yeol-en-corea-del-sur/370015) * [When former President Yoon Suk Yeol's arrest warrant was issued, those who broke into Seoul Western District Court convicted — mk.co.kr](https://www.mk.co.kr/en/society/12032427) * [Kwon Chang-young Special Prosecutor Summons Former President Yoon Suk-yeol for the First Time — asiae.co.kr](https://www.asiae.co.kr/en/article/social-general/2026042721405082690) * [Appeals court holds preliminary hearing in Yoon Suk Yeol's insurrection appeals trial — koreajoongangdaily.joins.com](https://koreajoongangdaily.joins.com/news/2026-04-27/national/socialAffairs/Appeals-court-holds-preliminary-hearing-in-Yoon-Suk-Yeols-insurrection-appeals-trial/2579153) * [Appeals court set to rule on ex-President Yoon's obstruction of justice case — koreajoongangdaily.joins.com](https://koreajoongangdaily.joins.com/news/2026-04-29/national/socialAffairs/Appeals-court-set-to-rule-on-exPresident-Yoons-obstruction-of-justice-case/2580555) * [(LEAD) Appeals court increases sentence for ex-first lady to 4 years for corruption — en.yna.co.kr](https://en.yna.co.kr/view/AEN20260428000851315) * [Seoul mayoral camps trade barbs over ties to Yoon Suk-yeol and Park Won-soon — biz.chosun.com](https://biz.chosun.com/en/en-policy/2026/05/01/Q3S6EHIVBFESNPVDOR5RW2TWQY/) * [Samsung profit surges over eightfold to beat estimates as AI boom fuels memory chip crunch — cnbc.com](https://www.cnbc.com/2026/04/30/samsung-q1-earnings-ai-memory-chip-demand-profit-record.html) * [Samsung chip profit jumps almost 50-fold; supply shortage to worsen in 2027 — reuters.com](https://www.reuters.com/sustainability/sustainable-finance-reporting/samsung-elec-q1-profit-surges-eightfold-record-2026-04-30/) * [Samsung's Q1 2026 earnings are insane, and your Galaxy phone barely helped — androidcentral.com](https://www.androidcentral.com/phones/samsung-galaxy/samsungs-q1-2026-earnings-are-insane-and-your-galaxy-phone-barely-helped) * [Samsung Electronics sees robust AI demand after Q1 profit surges eightfold to set record — yahoo.com](https://www.yahoo.com/news/markets/stocks/articles/samsung-electronics-sees-robust-ai-demand-after-q1-profit-surges-eightfold-to-set-record-002107973.html) * [Samsung Reports Record Q1 2026 Revenue of 133.9 Trillion KRW Driven by AI Memory Chip Demand — technobezz.com](https://www.technobezz.com/news/samsung-reports-record-q1-2026-revenue-of-1339-trillion-krw-driven-by-ai-memory-chip-demand) * [Samsung and SK hynix warn AI-driven memory shortages could last until 2027 and beyond — tomshardware.com](https://www.tomshardware.com/tech-industry/artificial-intelligence/samsung-and-sk-hynix-warn-ai-driven-memory-shortages-could-last-until-2027-and-beyond-as-hbm-demand-explodes-customers-already-reserving-supply-years-ahead-while-the-wider-dram-market-begins-to-tighten) * [Samsung teases 'AI glasses' as it warns of the RAM crisis getting even worse in 2027 — 9to5google.com](https://9to5google.com/2026/04/30/samsung-earnings-call-ram-crisis-ai-glasses/) * [Samsung says the memory shortage may get even worse in 2027 — phonearena.com](https://www.phonearena.com/news/samsung-says-the-memory-shortage-may-get-even-worse-in-2027_id180076) * [Samsung Teases Its AI Glasses Development But Warns of Worsening RAM Crisis Through 2027 — techtimes.com](https://www.techtimes.com/articles/316269/20260430/samsung-teases-its-ai-glasses-development-warns-worsening-ram-crisis-through-2027.htm) * [A son overlooked and a jailed tycoon: Inside Samsung's succession drama — bbc.com](https://www.bbc.com/news/articles/c9d313g91g4o) * [AI Chip Bonanza Turns South Korean Workers Into 'Labor Millionaires': SK Hynix Bonuses Could Exceed \$878,773 Per Person — finance.biggo.com](https://finance.biggo.com/news/7UMZzZ0Bq7sy_YQMm_4V) * [Why South Korea's Lee is urging 'mutual respect' diplomacy amid US tensions — scmp.com](https://www.scmp.com/week-asia/politics/article/3351739/why-south-koreas-lee-urging-mutual-respect-diplomacy-amid-us-tensions) * [Lee calls partisan feuding over foreign affairs 'self-inflicted harm' — koreaherald.com](https://koreaherald.com/article/10728495) * [President Lee on South Korea-U.S. relations: 'We must resolve pending issues according to common sense and principles' — khan.co.kr](https://khan.co.kr/en/article/202604281054007) * [South Korea's Lee Jae Myung on Resolving Ally Issues — newkerala.com](https://newkerala.com/news/a/south-korean-president-says-will-resolve-pending-issues-469.htm) * [President Lee says will resolve 'pending issues' with allies thru mutual respect — koreaherald.com](https://koreaherald.com/article/10727415) * [President Lee Meets with Non-Parliamentary Lawmakers: 'Self-Destructive Acts on Diplomacy and Security Issues' — asiae.co.kr](https://asiae.co.kr/en/article/2026042914313787875) * [(LEAD) Lee stresses need for bipartisan support in diplomacy, national security issues — en.yna.co.kr](https://en.yna.co.kr/view/AEN20260429003751315) * [Lee Criticizes 'Self-Harming Acts' in Foreign Affairs — en.sedaily.com](https://en.sedaily.com/finance/2026/04/29/lee-criticizes-self-harming-acts-in-foreign-affairs) * [President Lee to host luncheon with minor party, independent lawmakers at Cheong Wa Dae — koreatimes.co.kr](https://koreatimes.co.kr/southkorea/politics/20260429/president-lee-to-host-luncheon-with-minor-party-independent-lawmakers-at-cheong-wa-dae) * [From SWIFT to onchain: South Korea's biggest digital bank taps Ripple for high-speed global transfers — coindesk.com](https://www.coindesk.com/markets/2026/04/27/south-korea-s-kbank-tests-international-blockchain-transfers-with-ripple) * [De SWIFT a onchain: el banco digital más grande de Corea del Sur aprovecha Ripple (CoinDesk Spanish) — coindesk.com](https://coindesk.com/es/markets/2026/04/27/south-korea-s-kbank-tests-international-blockchain-transfers-with-ripple) * [South Korea's K Bank Partners Ripple for Overseas Payment Tests — coinpaper.com](https://coinpaper.com/16607/south-korea-s-k-bank-partners-ripple-for-overseas-payment-tests) * [XRP News: South Korea's Kbank Partners with Ripple to Test Blockchain Cross-Border Payments — 247wallst.com](https://247wallst.com/investing/2026/04/27/xrp-news-south-koreas-kbank-partners-with-ripple-to-test-blockchain-cross-border-payments/) * [Ripple expands in Korea with KBank partnership — cryptopolitan.com](https://www.cryptopolitan.com/ripple-expands-korea-with-kbank-partnership/) * [XRP News: Ripple & South Korea's K-Bank Partner To Boost Blockchain Payments — coingape.com](https://coingape.com/xrp-news-ripple-south-korea-k-bank-partner-to-boost-blockchain-payments/) * [South Korea's K Bank joins hands with Ripple for global remittance PoC — ambcrypto.com](https://ambcrypto.com/south-koreas-k-bank-joins-hands-with-ripple-for-global-remittance-poc-details/) * [South Korea's K Bank taps Ripple for Blockchain-Based Payment Pilot — news.bitcoin.com](https://news.bitcoin.com/south-koreas-k-bank-taps-ripple-for-blockchain-based-payment-pilot/) * [South Korea's central bank cites war uncertainty in cautious approach, minutes show — reuters.com](https://www.reuters.com/world/asia-pacific/south-koreas-central-bank-cites-war-uncertainty-cautious-approach-minutes-show-2026-04-28/) * [South Korea central bank signals wait-and-see stance amid Iran war — investing.com](https://www.investing.com/news/economy-news/south-korea-central-bank-signals-waitandsee-stance-amid-iran-war-93CH-4640466) * [BOK sees rising uncertainty in U.S. monetary policy path after new Fed chair — en.yna.co.kr](https://en.yna.co.kr/view/AEN20260430003600320) * [BOK sees rising uncertainty in US monetary policy path after new Fed chair — koreaherald.com](https://koreaherald.com/article/10729130) * [Bank of Korea Stuck in Stagflation Trap as Iran War Narrows Policy Window — ainvest.com](https://www.ainvest.com/news/bank-korea-stuck-stagflation-trap-iran-war-narrows-policy-window-2604/) * [Internal clashes raise uncertainty at the US Fed…Will Korea also keep rates on hold? — khan.co.kr](https://khan.co.kr/en/article/202604301553007) * [Earnings driving moves as ECB survey points to sharp rise in future inflation (BOK Apr minutes) — fxstreet.com](https://www.fxstreet.com/analysis/earnings-driving-moves-as-ecb-survey-points-to-sharp-rise-in-future-inflation-202604280953) * [New Bank of Korea head prioritizes CBDCs, deposit tokens — coingeek.com](https://coingeek.com/new-bank-of-korea-head-prioritizes-cbdcs-deposit-tokens/) * [Lee vows zero compromise on workplace safety in Labor Day address — koreaherald.com](https://koreaherald.com/article/10729835) * [Lee vows to prevent industrial deaths with all available means — koreatimes.co.kr](https://koreatimes.co.kr/southkorea/20260428/lee-vows-to-prevent-industrial-deaths-with-all-available-means) * [Lee Jae Myung: No Compromise on Workplace Safety — newkerala.com](https://newkerala.com/news/a/south-korea-lee-vows-zero-compromise-workplace-safety-600.htm) * [President Lee Jae Myung, on Industrial Accident Workers Day, 'Mobilize every means so that workplaces do not become scenes of death' — khan.co.kr](https://khan.co.kr/en/article/202604280913007) * [President Lee Jae Myung: Break Labor-Business Dichotomy — chosun.com](https://www.chosun.com/english/national-en/2026/05/02/SPHTUS3ZQZCVHOWHZ6ICYCAU7I/) * [Lee warns excessive labor union demands could harm other workers — koreatimes.co.kr](https://koreatimes.co.kr/southkorea/society/20260430/lee-warns-excessive-labor-union-demands-could-harm-other-workers) * [Samsung strike threat highlights rising labor risk to AI chip supply chain and corporate pay models — digitimes.com](https://www.digitimes.com/news/a20260428VL206/samsung-labor-strike-ai-chip-2026.html) * [Lee approves resignation of 2 presidential officials expected to run in by-elections — koreaherald.com](https://koreaherald.com/article/10727762) * [Korea's top AI official quits for Assembly by-election, raising doubts over DPK candidate strategy — koreatimes.co.kr](https://www.koreatimes.co.kr/southkorea/20260428/koreas-top-ai-official-quits-for-assembly-by-election-raising-doubts-over-dpk-candidate-strategy) * [President Lee Jae Myung approved the resignation letter submitted by Jungwoo Ha, senior presidential secretary for AI future planning — mk.co.kr](https://www.mk.co.kr/en/politics/12029782) * [Divided PPP Leadership Campaigns Separately as Candidates Go Solo — en.sedaily.com](https://en.sedaily.com/finance/2026/04/30/divided-ppp-leadership-campaigns-separately-as-candidates) * [People Power Party Chief Apologizes in Daegu Over Nomination Row — en.sedaily.com](https://en.sedaily.com/finance/2026/05/03/people-power-party-chief-apologizes-in-daegu-over) * ['Treat voters like insects': Busan by-election candidate faces backlash over 'hand-wiping' video — koreatimes.co.kr](https://www.koreatimes.co.kr/southkorea/politics/20260430/treated-voters-like-insects-busan-by-election-candidate-faces-backlash-over-hand-wiping-video) * [Debate over moving Nat'l University of Arts reignites before local elections — koreatimes.co.kr](https://www.koreatimes.co.kr/lifestyle/others/20260503/debate-over-moving-natl-university-of-arts-reignites-before-local-elections) * [Main opposition picks supreme council member as candidate for Gyeonggi Province governor — koreatimes.co.kr](https://www.koreatimes.co.kr/southkorea/politics/20260502/main-opposition-picks-supreme-council-member-as-candidate-for-gyeonggi-province-governor) * [북한 or 조선? South Korea debates what to call North Korea — theguardian.com](https://www.theguardian.com/world/2026/may/01/south-korea-debates-what-to-call-north-korea) * [Senior PPP official denounces Unification Ministry's proposal on North Korea's name — koreajoongangdaily.joins.com](https://koreajoongangdaily.joins.com/news/2026-04-29/national/northKorea/Senior-PPP-official-denounces-Unification-Ministrys-proposal-on-North-Koreas-name/2581216) * [Opposition Seeks Unification Minister's Dismissal as Ruling Party Walks Out — en.sedaily.com](https://en.sedaily.com/finance/2026/04/28/opposition-seeks-unification-ministers-dismissal-as-ruling) * [MoonPay Korea to Power Global Distribution of Won-Backed Stablecoin — prnewswire.com](https://prnewswire.com/news-releases/moonpay-korea-to-power-global-distribution-of-won-backed-stablecoin-302758747.html) * [KB Financial Partners With Pantera to Boost Blockchain Push — cointrust.com](https://www.cointrust.com/market-news/kb-financial-partners-with-pantera-to-boost-blockchain-push) * [Korea to Expand Mobile ID Apps to 12 Next Year — en.sedaily.com](https://en.sedaily.com/finance/2026/05/03/korea-to-expand-mobile-id-apps-to-12-next-year) * [96 Korean lawmakers blast US for 'infringing on judicial sovereignty' over Coupang probe — koreatimes.co.kr](https://www.koreatimes.co.kr/southkorea/politics/20260428/96-korean-lawmakers-blast-us-for-infringing-on-judicial-sovereignty-over-coupang-probe) * [Lee reaffirms commitment to restoring inter-Korean trust, calls for Pyongyang's response — koreatimes.co.kr](https://koreatimes.co.kr/foreignaffairs/northkorea/20260427/lee-reaffirms-commitment-to-restoring-inter-korean-trust-calls-for-pyongyangs-response) * [President Lee Jae Myung said on the 27th, 'We will take the initiative in taking the first steps to restore trust between the two Koreas' — mk.co.kr](https://www.mk.co.kr/en/politics/12028734) * [Approval rating for President Lee Jae Myung 62.2%, 3.3%p↓···Democratic Party 51.3%·People Power Party 30.7%\[Realmeter\] — khan.co.kr](https://khan.co.kr/en/article/202604271635007) * [Lee's approval rating falls to 62.2%: poll — koreaherald.com](https://koreaherald.com/article/10725967) * [President Lee Jae Myung Discusses AI Norms With Google DeepMind CEO — chosun.com](https://www.chosun.com/english/national-en/2026/04/27/YYSG4YR565HVROFUSVDMF2QW7U/) * [President Lee Jae Myung met with Demis Hassabis, co-founder and CEO of Google DeepMind, 'the father of AlphaGo' — mk.co.kr](https://mk.co.kr/en/politics/12028561) * [Korean banking veteran named World Bank risk director — koreaherald.com](https://koreaherald.com/article/10730328) * [The World Bank Group (WBG) has appointed Min Jin-ah (52), a Korean citizen, as the director of market and counterparty risk — mk.co.kr](https://mk.co.kr/en/economy/12034543) * [World Bank appoints Korean to a senior 'risk management' post···fourth at director level — khan.co.kr](https://khan.co.kr/en/article/202605031402007) * [Eximbank partners with ADB to finance critical minerals supply chain — koreaherald.com](https://www.koreaherald.com/article/10730388) * [ASEAN+3 Finance Chiefs Boost Regional Safety Net Amid Middle East Risks — en.sedaily.com](https://en.sedaily.com/finance/2026/05/03/asean3-finance-chiefs-boost-regional-safety-net-amid-middle) * [Over MBC 'Chu Kyung-ho closing remark', People Power Party: 'We will refuse coverage unless there is an apology' — claims 'election interference' — khan.co.kr](https://khan.co.kr/en/article/202604280842007) * [Lee Jae-Myung visits India: Turns Slogan to Supply Chain — dailyexcelsior.com](https://www.dailyexcelsior.com/lee-jae-myung-visits-india-turns-slogan-to-supply-chain/) * [Lee Jae-Myung visits India: Turns Slogan to Supply Chain (Dailyhunt) — m.dailyhunt.in](https://m.dailyhunt.in/news/india/english/daily+excelsior-epaper-dlyeclsr/lee+jaemyung+visits+india+turns+slogan+to+supply+chain-newsid-n710198048) * [New Wave of DPRK Attacks Uses AI-Inserted npm Malware, Fake Firms, and RATs — thehackernews.com](https://thehackernews.com/2026/04/new-wave-of-dprk-attacks-uses-ai.html) * [Cryptohack Roundup: North Korea Steals Bulk of Crypto So Far — govinfosecurity.com](https://govinfosecurity.com/cryptohack-roundup-north-korea-steals-bulk-crypto-so-far-a-31554) * [South Korea launches next-generation satellite on SpaceX Falcon 9, Yonhap says — reuters.com](https://www.reuters.com/science/south-korea-launches-next-generation-satellite-spacex-falcon-9-yonhap-says-2026-05-03/) * [Bell, KAI sign MoU to pitch MV-75 tiltrotor for South Korea — aerotime.aero](https://www.aerotime.aero/articles/bell-kai-mou-mv-75-tiltrotor-south-korea-hsmuh) * [South Korea Just Got Its Newest Frigates—with More on the Way — nationalinterest.org](https://nationalinterest.org/blog/buzz/south-korea-just-got-newest-frigates-with-more-on-way-ps-050226) * [Daejang-dong Figures Released, Implicate President Lee Jae Myung — chosun.com](https://www.chosun.com/english/national-en/2026/04/30/7ZD64QZ5BFEHXBBTEA4NXTFNSY/) * [AI to Reshape More Than Half of US Jobs Within Years, BCG Says (Korea youth employment data from BOK) — en.sedaily.com](https://en.sedaily.com/society/2026/05/01/ai-to-reshape-more-than-half-of-us-jobs-within-years-bcg) * [A World-First 12 Trillion Won Inheritance Tax: Samsung Family Finally Pays It Off After Five Years — mk.co.kr](https://www.mk.co.kr/en/business/12034433) * [Testimony: North Koreans seeking freedom in the South may soon have to look elsewhere — cosmictribune.com](https://cosmictribune.com/testimony-north-koreans-seeking-freedom-in-the-south-may-soon-have-to-look-elsewhere/) * [Analyst testifies that 'anti-freedom' Left in South Korea now controls media, 'levers of power' — worldtribune.com](https://worldtribune.com/analyst-testifies-that-anti-freedom-left-in-south-korea-now-controls-media-levers-of-power/) * [Samsung Electronics union chief clarifies Lee's labor warning was aimed at LG Uplus, not Samsung union — mk.co.kr](https://mk.co.kr/en/business/12033428) * [Prosecutors dismiss three-year-old complaint against President Lee over Korea Gas Corporation land deal in Seongnam — en.sedaily.com](https://en.sedaily.com/society/2026/04/27/prosecutors-dismiss-complaint-against-president-lee-over) * [Lee Jae-myung announces HMM shipping company relocation agreement to Busan — chosun.com](https://www.chosun.com/english/national-en/2026/04/30/QCLNMS5AUFEAZAO7HDRBKHRDAM/) * [President Lee orders review of gas station subsidy fund restrictions amid high oil prices — chosun.com](https://www.chosun.com/english/national-en/2026/04/29/KBU6H46M3JGE3JIAHBLNZX3ZRQ/) * [Lee instructs government to solve gas station subsidy misuse problems — mk.co.kr](https://www.mk.co.kr/en/politics/12031295) * [President Lee signs illegal loans invalid under new Loan Act amendment — chosun.com](https://www.chosun.com/english/national-en/2026/05/04/DVO7X7APQRDBJBUYUWDFHUQIL4/) * [President Lee advocates corporate social contribution transparency, cites India's 2% CSR mandate — chosun.com](https://chosun.com/english/national-en/2026/04/28/HJMRUQDZC) *** ### Australia flag Australia The UK parliament has joined the US in finding that the AUKUS pact is in trouble — meaning both Pillar 1 partners now face parliamentary scrutiny of their submarine programmes just as Australia needs both to deliver. The House of Commons Defence Committee found the programme faces "shortcomings and failings" from faltering political leadership, under-investment, and too few Royal Navy submarines in service. Tan Dhesi, the committee chair, warned that "the investment pipeline has already faltered." * **UK parliamentary report warns AUKUS at risk from dwindling political leadership; King Charles endorses deal at US Congress** — A House of Commons Defence Committee report warned that the AUKUS nuclear submarine partnership faces "shortcomings and failings" due to faltering UK political leadership, under-investment, and critically low Royal Navy submarine availability. In the same week, King Charles praised AUKUS as "ambitious" in an address to the US Congress, and Penny Wong, the foreign minister, dismissed suggestions that Japan could serve as an AUKUS backup during a Canberra visit by Takaichi, Japan's prime minister. *([news.usni.org](https://news.usni.org/2026/04/29/the-u-k-defence-committees-aukus-inquiry-report))* * **Penny Wong's North Asia tour secures China jet fuel cooperation and South Korea energy deal amid Strait of Hormuz crisis** — Penny Wong, the foreign minister, completed a week-long diplomatic tour of Japan, China, and South Korea (late April into May) to shore up Australia's fuel supply disrupted by the Iran war. The centrepiece was an agreement in Beijing for Chinese state oil companies to negotiate jet fuel exports with Australian buyers — described by Ms Wong as an 'important first step' — while a minor incident involving Chinese officials blocking Australian media briefly overshadowed the Great Hall of the People meeting. Ms Wong also secured energy cooperation frameworks with Japan and South Korea. * [RBA to raise cash rate to 4.35% on May 5 and growing minority of economists expect further rise — reuters.com](https://www.reuters.com/world/asia-pacific/rba-raise-cash-rate-435-may-5-growing-minority-economists-expect-further-rise-2026-05-01/) * [RBA must raise rates to lower risk of stagflation — afr.com](https://www.afr.com/policy/economy/rba-must-raise-rates-to-lower-risk-of-stagflation-20260503-p5zt6s) * [Australia reports lower-than-expected first-quarter inflation — but price growth hits 2-year high — cnbc.com](https://www.cnbc.com/2026/04/29/australia-inflation-q1-rba-rate-hike-outlook.html) * [Australian Dollar Outlook: AUD/USD Hits 0.72 Into RBA, Momentum Fades — forex.com](https://www.forex.com/en-us/news-and-analysis/australian-dollar-outlook-aud-usd-hits-0-72-into-rba-momentum-fades/) * [AUD/USD: Aussie Rally May Fade as RBA Set to Temper Hikes, Analysts Say — bloomberg.com](https://bloomberg.com/news/articles/2026-05-03/aussie-rally-may-fade-as-rba-set-to-temper-hikes-analysts-say) * [Australian Dollar gathers strength on RBA rate hike expectations, Hormuz tensions simmer — fxstreet.com](https://www.fxstreet.com/news/australian-dollar-gathers-strength-on-rba-rate-hike-expectations-hormuz-tensions-simmer-202605032326) * [Hawkish RBA Shapes as Global Outlier With Third Hike Priced In — financialpost.com](https://financialpost.com/pmn/business-pmn/hawkish-rba-shapes-as-global-outlier-with-third-hike-priced-in) * [AUD/USD Outlook: Inflation shifts RBA bets, but tech earnings drive the Aussie — forex.com](https://www.forex.com/en-us/news-and-analysis/aud-usd-outlook-inflation-shifts-rba-bets-but-tech-earnings-drive-the-aussie/) * [RBA Cash Rate Hike to 4.35% Tomorrow: 6 ASX Winners and Losers to Watch — stocksdownunder.com](https://stocksdownunder.com/rba-cash-rate-4-35-asx-winners-losers/) * [Week Ahead: RBA Hike, UK Local Elections, And US Employment Report — insurancenewsnet.com](https://insurancenewsnet.com/oarticle/week-ahead-rba-hike-uk-local-elections-and-us-employment-report) * [ASX Braces for RBA Rate Hike — finnewsnetwork.com.au](https://www.finnewsnetwork.com.au/archives/finance_news_network4703020.html) * [RBA decision: Interest rate hikes pushing recent buyers to the brink as borrowers face \$58,000 hit — au.finance.yahoo.com](https://au.finance.yahoo.com/news/rba-decision-interest-rate-hikes-pushing-recent-buyers-to-the-brink-as-borrowers-face-58000-hit-222357157.html) * [Will the RBA Hike To 4.35% On May 5? Today's CPI Number Decides — stocksdownunder.com](https://stocksdownunder.com/rba-rate-hike-cpi-asx-banks/) * [ASX to slide as investors await crucial RBA decision on rates — afr.com](https://www.afr.com/markets/equity-markets/asx-to-slide-as-investors-await-crucial-rba-decision-on-rates-20260503-p5zt7l) * [I'm a former boss at the RBA - this is what's going to happen to interest rates next week and in the months to come — dailymail.com](https://www.dailymail.com/news/article-15777269/luci-ellis-rba-rate-hikes.html) * [Australia Stock Market Today: ASX 200's Six-Day Slide Deepens as Oil Shock Puts RBA in Focus — ts2.tech](https://ts2.tech/en/australia-stock-market-today-asx-200s-six-day-slide-deepens-as-oil-shock-puts-rba-in-focus/) * [Australia Stock Market Today: ASX 200 Falls Again as Inflation Shock Puts RBA Back in Focus — ts2.tech](https://ts2.tech/en/australia-stock-market-today-asx-200-falls-again-as-inflation-shock-puts-rba-back-in-focus/) * [AUD: Softer CPI tempers RBA hike odds – Deutsche Bank — fxstreet.com](https://www.fxstreet.com/news/aud-softer-cpi-tempers-rba-hike-odds-deutsche-bank-202604290930) * [Australian Dollar gains on RBA rate hike likelihood — fxstreet.com](https://www.fxstreet.com/news/australian-dollar-gains-on-rba-rate-hike-likelihood-202604280105) * [AUD/USD: Hawkish RBA path supports gains – ING — fxstreet.com](https://www.fxstreet.com/news/aud-usd-hawkish-rba-path-supports-gains-ing-202604291448) * [Australian Dollar advances as surging energy prices increased RBA rate hike bets — fxstreet.com](https://www.fxstreet.com/news/australian-dollar-advances-as-surging-energy-prices-increased-rba-rate-hike-bets-202604270653) * [Australian Dollar trades broadly firm amid hawkish RBA bets — fxstreet.com](https://fxstreet.com/news/australian-dollar-trades-broadly-firm-amid-hawkish-rba-bets-202604301249) * [May Seasonality and RBA Hike Bets Fuel Aussie Bulls — fxempire.com](https://www.fxempire.com/forecasts/article/may-seasonality-and-rba-hike-bets-fuel-aussie-bulls-1595253) * [What to expect from the RBA in May 2026 — canstar.com.au](https://canstar.com.au/news/what-to-expect-from-the-rba-in-may-2026) * [The RBA is likely to lift rates this week. The jury is out on what's next — capitalbrief.com](https://www.capitalbrief.com/article/the-rba-is-likely-to-lift-rates-this-week-the-jury-is-out-on-whats-next-e76b8e69-4866-4c66-bb5c-f7a270cbab89/) * [Rebuke, review, revival: The RBA could be a model for other public institutions — capitalbrief.com](https://capitalbrief.com/article/rebuke-review-revival-the-rba-could-be-a-model-for-other-public-institutions-275e3045-d864-485f-b8c9-c3e366e3268b) * [RBA cannot relax on inflation – HSBC's Bloxham — financialnewswire.com.au](https://financialnewswire.com.au/investment/rba-cannot-relax-on-inflation-hsbcs-bloxham/) * [RBA's warning light shining 'bright red' — nbr.co.nz](https://nbr.co.nz/market-outlook/rbas-warning-light-shining-bright-red) * [Morning Mail: Labor ranks uneasy over Albanese's approach; RBA mulls rate rise — theguardian.com](https://www.theguardian.com/australia-news/2026/may/04/morning-mail-monday-ntwnfb) * [Rise and Shine: Everything you need to know before the ASX opens — stockhead.com.au](https://stockhead.com.au/news/rise-and-shine-everything-you-need-to-know-before-the-asx-opens-788/) * [Key Market Events for the Week of May 4–8, 2026 — riotimesonline.com](https://www.riotimesonline.com/key-market-events-for-the-week-of-may-48-2026/) * [US Stock Market Today: Live Updates 03.05.2026 — ts2.tech](https://ts2.tech/en/stock-market-today-03-05-2026/) * [Australia's Big Four Banks Start May Slow, as Eyes Turn To RBA Decision — thebull.com.au](https://thebull.com.au/news/australias-big-four-banks-start-may-slow-as-eyes-turn-to-rba-decision/) * [Commonwealth Bank Lifts Term Deposit Rate Before RBA Decision — But ANZ Still Pays More — bez-kabli.pl](https://www.bez-kabli.pl/commonwealth-bank-lifts-term-deposit-rate-before-rba-decision-but-anz-still-pays-more/) * [National Australia Bank Results Preview: NAB Shares Face Monday Test as RBA Hike Looms — bez-kabli.pl](https://www.bez-kabli.pl/national-australia-bank-results-preview-nab-shares-face-monday-test-as-rba-hike-looms/) * [Seven Key Factors Influencing the RBA's Decision on Interest Rates This Tuesday — mortgagebrokernearme.com.au](http://mortgagebrokernearme.com.au/seven-key-factors-influencing-the-rbas-decision-on-interest-rates-this-tuesday/) * [Fundies Cheat Sheet: May 3–9, 2026 — babypips.com](https://www.babypips.com/analysis/fundies-cheat-sheet-2026-may-3-9-nfp-rba-rate-decision-dollar-crosscurrents) * [Public servants 'shown the door' in droves but will they go through it? — switzer.com.au](https://switzer.com.au/public-servants-shown-the-door-in-droves-but-will-they-go-through-it/) * [AUKUS Inquiry Report from the U.K. Defence Committee — news.usni.org](https://news.usni.org/2026/04/29/the-u-k-defence-committees-aukus-inquiry-report) * [Defence Committee chairman says 'UK's political leadership on AUKUS has dwindled' — navylookout.com](https://www.navylookout.com/defence-committee-chairman-says-uks-political-leadership-on-aukus-has-dwindled/) * [Aukus submarine deal under threat due to UK's 'dwindling political leadership', MPs warn — gbnews.com](https://www.gbnews.com/politics/aukus-submarine-deal-under-threat-dwindling-political-leadership) * [AUKUS submarine (SSN-A) programme - House of Commons Library — commonslibrary.parliament.uk](https://commonslibrary.parliament.uk/research-briefings/cbp-9843/) * [King Charles hints at AUKUS partnership by gifting Donald Trump relic from British submarine HMS Trump — thenightly.com.au](https://thenightly.com.au/politics/us-politics/king-charles-gifts-submarine-relic-to-donald-trump--c-22208063) * [King hails 'ambitious' AUKUS during Congress address — canberratimes.com.au](https://canberratimes.com.au/story/9235434/king-hails-ambitious-aukus-during-congress-address) * [King hails 'ambitious' AUKUS during Congress address — maitlandmercury.com.au](https://maitlandmercury.com.au/story/9235434/king-hails-ambitious-aukus-during-congress-address) * [King hails 'ambitious' AUKUS during Congress address — goulburnpost.com.au](https://goulburnpost.com.au/story/9235434/king-hails-ambitious-aukus-during-congress-address) * [King hails 'ambitious' AUKUS during Congress address — greatlakesadvocate.com.au](https://greatlakesadvocate.com.au/story/9235434/king-hails-ambitious-aukus-during-congress-address) * [King hails 'ambitious' AUKUS during Congress address — theleader.com.au](https://theleader.com.au/story/9235434/king-hails-ambitious-aukus-during-congress-address) * [King hails 'ambitious' AUKUS during Congress address — merimbulanewsweekly.com.au](https://merimbulanewsweekly.com.au/story/9235434/king-hails-ambitious-aukus-during-congress-address) * [King hails 'ambitious' AUKUS during Congress address — portnews.com.au](https://portnews.com.au/story/9235434/king-hails-ambitious-aukus-during-congress-address) * [King hails 'ambitious' AUKUS during Congress address — bunburymail.com.au](https://bunburymail.com.au/story/9235434/king-hails-ambitious-aukus-during-congress-address) * [King hails 'ambitious' AUKUS during Congress address — irrigator.com.au](https://irrigator.com.au/story/9235434/king-hails-ambitious-aukus-during-congress-address) * [King hails 'ambitious' AUKUS during Congress address — oberonreview.com.au](https://oberonreview.com.au/story/9235434/king-hails-ambitious-aukus-during-congress-address) * [King hails 'ambitious' AUKUS during Congress address — armidaleexpress.com.au](https://armidaleexpress.com.au/story/9235434/king-hails-ambitious-aukus-during-congress-address) * [King hails 'ambitious' AUKUS during Congress address — macleayargus.com.au](https://macleayargus.com.au/story/9235434/king-hails-ambitious-aukus-during-congress-address) * [King hails 'ambitious' AUKUS during Congress address — portstephensexaminer.com.au](https://portstephensexaminer.com.au/story/9235434/king-hails-ambitious-aukus-during-congress-address) * [King hails 'ambitious' AUKUS during Congress address — muswellbrookchronicle.com.au](https://muswellbrookchronicle.com.au/story/9235434/king-hails-ambitious-aukus-during-congress-address) * [AUKUS threatened by lack of leadership, UK MPs warn — yasstribune.com.au](https://yasstribune.com.au/story/9234546/aukus-threatened-by-lack-of-leadership-uk-mps-warn) * [AUKUS threatened by lack of leadership, UK MPs warn — crookwellgazette.com.au](https://crookwellgazette.com.au/story/9234546/aukus-threatened-by-lack-of-leadership-uk-mps-warn) * [AUKUS threatened by lack of leadership, UK MPs warn — queanbeyanage.com.au](https://queanbeyanage.com.au/story/9234546/aukus-threatened-by-lack-of-leadership-uk-mps-warn) * [UK probe reveals funding issues may impact AUKUS submarine program — bairdmaritime.com](https://bairdmaritime.com/security/naval/naval-submersibles/uk-probe-reveals-funding-issues-may-impact-aukus-submarine-program) * [UK lawmaker report warns AUKUS under threat from 'shortcomings and failings' — breakingdefense.com](https://breakingdefense.com/2026/04/uk-lawmaker-report-warns-aukus-under-threat-from-shortcomings-and-failings) * [Government must inject renewed impetus into the Aukus partnership, report says — forcesnews.com](https://forcesnews.com/services/navy/uk-government-must-inject-renewed-impetus-aukus-report-says) * ['Critically low' Royal Navy submarine availability hitting Aukus pact — portsmouth.co.uk](https://portsmouth.co.uk/news/defence/royal-navy-submarines-aukus-defence-pact-uk-us-7955236) * [Aukus pact threatened by 'faltering investment' at BAE Systems — nwemail.co.uk](https://www.nwemail.co.uk/news/26058008.aukus-pact-threatened-faltering-investment-bae-systems/) * [AUKUS UK report: 'Cracks starting to show' in Australia's \$368 billion nuclear submarine deal — 9news.com.au](https://www.9news.com.au/national/aukus-nuclear-submarines-deal-in-jeopardy-warn-british-mps/b6d000ea-7fb7-4279-bf56-90a703b1982a) * [AUKUS 2.0: Redefining Defence Investment and Industrial Power in Oceania — theglobaleconomics.com](https://theglobaleconomics.com/2026/04/30/aukus-redefining-defence) * [AUKUS back-up plan not on cards for Japanese PM visit — canberratimes.com.au](https://www.canberratimes.com.au/story/9238392/aukus-back-up-plan-not-on-cards-for-japanese-pm-visit/) * [AUKUS back-up plan not on cards for Japanese PM visit — hepburnadvocate.com.au](https://www.hepburnadvocate.com.au/story/9238392/aukus-back-up-plan-not-on-cards-for-japanese-pm-visit/) * [AUKUS back-up plan not on cards for Japanese PM visit — canberratimes.com.au](https://canberratimes.com.au/story/9238392/aukus-back-up-plan-not-on-cards-for-japanese-pm-visit) * [AUKUS back-up plan not on cards for Japanese PM visit — hepburnadvocate.com.au](https://hepburnadvocate.com.au/story/9238392/aukus-back-up-plan-not-on-cards-for-japanese-pm-visit) * [China inching towards resuming fuel exports as Penny Wong presses Australia's case — islandtimes.org](https://islandtimes.org/china-inching-towards-resuming-fuel-exports-as-penny-wong-presses-australias-case/) * [Penny Wong's huge China deal to keep Aussie flights in the air amid fuel crisis — dailymail.com](https://www.dailymail.com/news/article-15777229/penny-wong-fuel-prices-australia-jet-fuel.html) * [Penny Wong will have to navigate China, Japan and South Korea tensions — abc.net.au](https://www.abc.net.au/news/2026-04-28/china-penny-wong-visit-south-korea-japan-trading-partner/106557492) * [Penny Wong to press Asian countries for fuel guarantees during regional tour — abc.net.au](https://www.abc.net.au/news/2026-04-28/penny-wong-visits-japan-to-discuss-australia-fuel-supply/106615724) * [Global energy markets need deal cut on Iran war: Wong — canberratimes.com.au](https://www.canberratimes.com.au/story/9238499/global-energy-markets-need-deal-cut-on-iran-war-wong/) * [Global energy markets need deal cut on Iran war: Wong — cootamundraherald.com.au](https://www.cootamundraherald.com.au/story/9238499/global-energy-markets-need-deal-cut-on-iran-war-wong/) * [China agrees to fuel export talks with Australia after Penny Wong meeting — afr.com](https://www.afr.com/world/asia/wong-reminds-china-of-iron-ore-exports-to-secure-fuel-supply-20260429-p5zrx4) * [Beijing welcomes Australia's foreign minister for high-stakes energy security talks — macaonews.org](https://macaonews.org/news/greater-china/australia-china-energy/) * [Bondi royal commission live updates (Wong secures additional fuel supplies from China) — thenightly.com.au](https://thenightly.com.au/world/middle-east/us-iran-war-updates-donald-trump-launches-project-freedom-as-ship-attacked-near-iran-peace-talks-stall-c-22229146) * [Wong wraps up East Asia tour in Seoul with focus on energy security amid global uncertainty — theaustraliatoday.com.au](https://www.theaustraliatoday.com.au/wong-concludes-east-asia-tour-in-seoul-focused-on-energy-security-amid-global-uncertainty/) * [Australia and Japan tighten regional energy security coordination amid Mideast crisis — japantimes.co.jp](https://www.japantimes.co.jp/news/2026/04/28/japan/politics/australia-penny-wong-japan-interview/) * [Penny Wong warns IS-linked families face 'full force of the law' if they return to Australia — sbs.com.au](https://www.sbs.com.au/news/article/penny-wong-touring-asia-to-ensure-fuel-security/c2fxw92l0) * [Middle East war: Trump announces Project Freedom to free ships stuck in Strait of Hormuz (mentions Wong) — 7news.com.au](https://7news.com.au/news/middle-east-war-trump-announces-project-freedom-to-free-ships-stuck-in-strait-of-hormuz-c-22229163) * [Reliable S. Korea-Australia energy supply vital amid 'disproportionate' Middle East impact: Australian FM — english.kyodonews.net](https://english.kyodonews.net/articles/-/75248) * News updates: Penny Wong begins China fuel security — *** ### Indonesia flag Indonesia On May Day, Prabowo Subianto tossed his safari shirt into a crowd of hundreds of thousands at Jakarta's National Monument, danced to a ska band, and signed six labour decrees from a stage. The same day, his government invoked speech laws against a former parliamentary chairman for an eight-minute YouTube video. The Monas rally was the most elaborate show of political legitimacy the administration has staged. Mr Prabowo arrived on a white Pindad armoured vehicle, distributed basic goods and branded shirts, and announced a string of policies: a new cap limiting ride-hailing platforms to an 8% commission — guaranteeing drivers 92% of their fares — a task force for workers facing layoffs, ratification of an International Labour Organization convention protecting fishing workers, 40-year housing instalment plans, plans for new worker cities, and a 20% fertiliser price cut. He signed Presidential Regulation No. 27/2026 on the spot. Each policy addresses a grievance raised during the August 2025 protests that shook the administration in its early months. Legislators from Gerindra, the governing Great Indonesia Movement party, called Mr Prabowo "the real president of the workers." One person died in the crush. Amien Rais, a founding figure of Indonesia's reform-era opposition and former chairman of the People's Consultative Assembly, had posted a video alleging that Mr Prabowo and his cabinet secretary, Teddy Indra Wijaya, had a relationship beyond professional bounds. Meutya Hafid, the communications minister, condemned the video as "hoaxes, slander, and hate speech," * **Prabowo's May Day rally at Monas draws massive crowds, marks announcement of multiple pro-labour policies** — President Prabowo Subianto attended the May Day 2026 celebration at the National Monument (Monas) in Jakarta on May 1, drawing hundreds of thousands of workers. His appearance — which included dancing, shirt-tossing, and riding a Pindad vehicle — went viral, while his speech announced multiple policies including ratification of an International Labour Organization (ILO) convention on fishing workers (Presidential Regulation No. 25/2026), formation of a layoff mitigation task force, fertiliser price cuts of 20%, affordable housing instalment plans of up to 40 years, new worker cities plans, and pledges to continue the free meals programme. *([nasional.tempo.co](https://nasional.kompas.com/read/2026/05/02/05575321/sederet-kado-prabowo-untuk-buruh-di-may-day-2026))* * **Fatal train collision near Jakarta kills 15, injures dozens** — A commuter train and a long-distance express train collided at Bekasi station on the outskirts of Jakarta on April 27, with the death toll rising to 15 over subsequent days with 88 injured. Rescue teams worked for two days to extract passengers trapped in the wreckage; the chief executive of Indonesia's state railway (KAI) confirmed the final toll on April 28. *([bbc.com](https://www.reuters.com/world/asia-pacific/indonesia-train-crash-toll-rises-7-rescuers-work-remove-trapped-passengers-2026-04-28/))* * **eFishery founder Gibran Huzaifah sentenced to 9 years for fraud in Indonesia's largest startup collapse** — A Bandung district court sentenced eFishery co-founder and former chief executive Gibran Huzaifah to nine years in prison on April 29 for embezzlement and money laundering, concluding an eight-month case stemming from a \$300m financial scandal at the once-\$1.4bn-valued agritech startup. Huzaifah had previously admitted to falsifying financial statements. *([bloomberg.com](https://bloomberg.com/news/articles/2026-04-29/founder-gets-9-years-in-jail-for-300-million-indonesia-scandal))* * **Pertamina holds fuel prices as private stations raise diesel sharply; fuel queues form in Riau** — Private fuel retailers Vivo and BP AKR raised non-subsidised diesel prices sharply to around Rp30,890 per litre in early May 2026, driven by global oil price pressures, while state-owned Pertamina held its prices stable. Long queues formed at fuel stations in Pekanbaru, Riau during the long holiday weekend; Pertamina increased supply by 20% in the region and raised some non-subsidised grades on May 4. *([liputan6.com](https://www.medcom.id/ekonomi/bisnis/MkM5dgDk-harga-bbm-swasta-sudah-naik-pertamina-masih-tahan-sampai-kapan))* * **Golkar conducts nationwide party consolidation ahead of 2029 elections with dozens of district-level meetings** — The Functional Groups party (Golkar) conducted an extensive wave of sub-district and district-level deliberative assemblies (Muscam/Musda) and working conferences (Rakerda) across multiple provinces including Lampung, East Java, Central Java, Maluku, South-East Sulawesi, and Central Kalimantan in late April to early May 2026, electing new local leadership and preparing electoral strategy for 2029. The consolidation was co-ordinated nationally under party chair Bahlil Lahadalia. *([memorandum.disway.id](https://sulsel.disway.id/politik/read/15261/jelang-musda-golkar-sulsel-bahlil-panggil-appi-ke-jakarta))* * **Indonesia implements child social media ban; Roblox announces facial scan age verification compliance** — Roblox announced on April 30 that it was implementing facial scan age verification for Indonesian users under 16 to comply with the government's new social media regulations for minors, which took effect in late March 2026. The Communications Ministry urged all platforms to report the number of suspended underage accounts, citing Indonesia's 45m Roblox users, 23m of whom are under 16. *([reuters.com](https://apnews.com/article/indonesia-roblox-restriction-children-minors-social-media-6eefd0a3613e0092bf0d7a137ff22ae7))* * **VP Gibran oversees hajj departure operations, AI training at Islamic boarding school, and infrastructure inspections** — Vice President Gibran Rakabuming Raka conducted several public engagements in late April to early May 2026: visiting the Pondok Tremas Islamic boarding school in East Java to review AI and robotics training for students, overseeing hajj pilgrim departures via the Makkah Route fast-track service at Juanda Airport, and inspecting progress of the Bagong Dam project in Trenggalek, which is 59.49% complete. *([en.antaranews.com](https://en.antaranews.com/news/414167/vp-gibran-reviews-ai-training-for-islamic-boarding-school-students))* * **Pertamina group stocks show resilience in Q1 2026 despite broader market correction** — PT Pertamina Group's publicly listed subsidiaries — including PGAS, ELSA, PGEO, and TUGU — maintained relatively solid performance in Q1 2026 despite Indonesia's composite stock index (IHSG) declining 13.8% year-to-date, according to Pertamina's corporate communications. Separately, Pertamina raised prices for three non-subsidised fuel grades (Pertamax Turbo, Dexlite, Pertamina Dex) effective May 4. *([qoo10.co.id](https://money.kompas.com/read/2026/05/02/142100626/emiten-pertamina-dinilai-tahan-tekanan-pasar-modal-di-kuartal-i-2026))* * **Prabowo's 'go to Yemen' remark draws criticism; 'Dark Indonesia' narrative continues** — At an industrial groundbreaking event in Central Java, President Prabowo sharply dismissed critics who describe Indonesia as being in decline — the so-called 'Dark Indonesia' (Indonesia Gelap) narrative — telling them to 'go to Yemen' if they dislike the country. The remark drew criticism from the Middle East Monitor as diplomatically incoherent and raised concerns about how Mr Prabowo handles dissent. *([nasional.kompas.com](https://middleeastmonitor.com/20260501-instead-of-indirectly-insulting-yemen-prabowo-should-be-building-relations-with-it))* * **TNI involvement in LPDP scholarship orientation draws pushback from recipients** — The Education Minister confirmed that the Indonesian National Armed Forces (TNI) air force would provide military discipline training and nationalism orientation for recipients of government overseas scholarships (LPDP) at Halim Perdanakusuma air base, scheduled May 4–9. Some scholarship recipients objected to military involvement in their academic preparation programme. *([cnnindonesia.com](https://www.tempo.co/politik/tni-au-klaim-diminta-lpdp-beri-pembekalan-ke-awardee-2133348))* * **Megawati denies PDI-P orchestrated August 2025 protests; foreign diplomats increasingly seek party meetings** — Megawati Soekarnoputri, chair of the Indonesian Democratic Party of Struggle (PDI-P), publicly dismissed allegations that her party was behind the August 2025 demonstrations following the death of a protester. Separately, reporting indicated a growing number of foreign diplomats — including from Iraq, reflecting global south alignment interests — were seeking meetings with Ms Megawati, positioning PDI-P as an alternative diplomatic channel amid strained relations between her and Mr Prabowo. *([en.tempo.co](https://indonesiabusinesspost.com/6553/geopolitics/foreign-diplomats-turn-to-indonesia-s-left-leaning-pdi-p-as-geopolitical-tensions-rise))* * **Prabowo's recent Korea state visit generates warm bilateral optics as South Korean president shares gift story** — Lee Jae-myung, South Korea's president, shared Instagram photos of his dog Bobby wearing clothes gifted by Mr Prabowo during Mr Prabowo's recent state visit to Korea, tagging Mr Prabowo's account and asking about Mr Prabowo's cat 'Bobby.' The gesture was reported as an effort to strengthen bilateral warmth. Separately, Japan's Takaichi sang an Indonesian folk song for Mr Prabowo at a welcoming event, indicating pre-visit preparation by Japanese officials. *([en.sedaily.com](https://en.sedaily.com/finance/2026/05/03/president-lee-shares-social-media-photos-of-dog-gifted-by))* * **Q1 2026 GDP growth projected above 5%; Finance Ministry and Bank Indonesia align on outlook** — Indonesia's Ministry of Finance projected Q1 2026 GDP growth at 5.5% while Bank Indonesia projected 5.4%, both above the 5% target. A University of Indonesia economics research institute (LPEM UI) separately estimated 5.48%. Seasonal Ramadan and Idul Fitri factors contributed to first-quarter strength despite global supply chain pressures. *([koran-jakarta.com](https://koran-jakarta.com/2026-05-03/kemenkeu-dan-bi-proyeksikan-pertumbuhan-ekonomi-triwulan-i-2026-di-atas-5-persen))* * **TNI and police crack down on illegal LPG mixing operations and illegal gold mining in Maluku** — Police and the Indonesian National Armed Forces announced crackdowns on two separate enforcement actions: police uncovered illegal subsidised LPG gas mixing operations in Klaten (Central Java), while TNI forces from Kodam XV/ * [Momen Prabowo di Hari Buruh: Naik Maung Putih, Joget Silat, hingga Lepas Kemeja Safari — liputan6.com](https://www.liputan6.com/news/read/6327211/momen-prabowo-di-hari-buruh-naik-maung-putih-joget-silat-hingga-lepas-kemeja-safari) * [Aksi Prabowo di Hari Buruh: Lepas Baju Hingga Joget — nasional.tempo.co](https://nasional.tempo.co/read/2101387/aksi-prabowo-di-hari-buruh-lepas-baju-hingga-joget) * [Kado dan Yang Dijanjikan Prabowo untuk Buruh di May Day 2026 — news.detik.com](https://news.detik.com/berita/d-8470852/kado-dan-yang-dijanjikan-prabowo-untuk-buruh-di-may-day-2026) * [Sederet 'Kado' Prabowo untuk Buruh di May Day 2026 — nasional.kompas.com](https://nasional.kompas.com/read/2026/05/02/05575321/sederet-kado-prabowo-untuk-buruh-di-may-day-2026) * [Prabowo at Monas May Day: Dancing, Shirt-Tossing, and More — en.tempo.co](https://en.tempo.co/read/2101392/prabowo-at-monas-may-day-dancing-shirt-tossing-and-more) * [Prabowo Says Workers' Support Helped Him Become President — en.tempo.co](https://en.tempo.co/read/2101450/prabowo-says-workers-support-helped-him-become-president) * [Prabowo Ratifies ILO Convention on Fishing Worker Protection — en.tempo.co](https://en.tempo.co/read/2101408/prabowo-ratifies-ilo-convention-on-fishing-worker-protection) * [Prabowo Vows 40-Year Housing Installments for Workers — en.tempo.co](https://en.tempo.co/read/2101420/prabowo-vows-40-year-housing-installments-for-workers) * [Prabowo Plans to Build New Cities Designed for Workers — en.tempo.co](https://en.tempo.co/read/2101465/prabowo-plans-to-build-new-cities-designed-for-workers) * [Prabowo Asks Workers at Monas: Is MBG Program Beneficial? — en.tempo.co](https://en.tempo.co/read/2101386/prabowo-asks-workers-at-monas-is-mbg-program-beneficial) * [Prabowo Merasa Selalu Didukung Kaum Buruh — tempo.co](https://www.tempo.co/politik/prabowo-merasa-selalu-didukung-kaum-buruh-2133101) * [Prabowo Heran Orang Pintar dan Berpangkat Tinggi Jadi Maling — tempo.co](https://www.tempo.co/politik/prabowo-heran-orang-pintar-dan-berpangkat-tinggi-jadi-maling-2133067) * [Aksi Viral Prabowo di May Day 2026: Antara Pendekatan Personal dan Kebijakan Pro Buruh — bogorbagus.com](https://bogorbagus.com/post/aksi-viral-prabowo-di-may-day-2026-antara-pendekatan-personal-dan-kebijakan-pro-buruh) * [Presiden Prabowo Naik Maung Ke Monas - Day — id.headtopics.com](https://id.headtopics.com/news/presiden-prabowo-naik-maung-ke-monas-82953393) * [Gerindra Nilai Kehadiran Prabowo Saat Peringatan Hari Buruh Bukan Sekedar Simbol — liputan6.com](https://www.liputan6.com/news/read/6327382/gerindra-nilai-kehadiran-prabowo-saat-peringatan-hari-buruh-bukan-sekedar-simbol) * [Waka MPR Puji Komitmen Prabowo untuk Buruh: Pekerja Tak Akan Ditinggalkan — news.detik.com](https://news.detik.com/berita/d-8472455/waka-mpr-puji-komitmen-prabowo-untuk-buruh-pekerja-tak-akan-ditinggalkan) * [Legislator Gerindra: Prabowo The Real Presidennya Kaum Buruh — news.detik.com](https://news.detik.com/berita/d-8471343/legislator-gerindra-prabowo-the-real-presidennya-kaum-buruh) * [Labor Day, Gerindra Legislator: May Day Is a Turning Point for the Presence of the State — voi.id](https://voi.id/en/news/573368) * [Peringati May Day di Monas, Legislator Gerindra Sebut Prabowo Tunjukkan Keberpihakan pada Rakyat Kecil — mediaindonesia.com](https://mediaindonesia.com/politik-dan-hukum/885756/peringati-may-day-di-monas-legislator-gerindra-sebut-prabowo-tunjukkan-keberpihakan-pada-rakyat-kecil) * [Legislator: May Day 2026 simbol kedekatan pemerintah dengan buruh — antaranews.com](https://www.antaranews.com/berita/5551160/legislator-may-day-2026-simbol-kedekatan-pemerintah-dengan-buruh) * [Sarmuji: Kolaborasi buruh dan pengusaha kunci kesejahteraan bersama — antaranews.com](https://www.antaranews.com/berita/5550720/sarmuji-kolaborasi-buruh-dan-pengusaha-kunci-kesejahteraan-bersama) * [May Day 2026, Golkar Dorong Negara Fasilitasi Peningkatan Keterampilan Pekerja — news.detik.com](https://news.detik.com/berita/d-8470786/may-day-2026-golkar-dorong-negara-fasilitasi-peningkatan-keterampilan-pekerja) * [Gebrak Kritik Serikat Buruh yang Dekat Kekuasaan — tempo.co](https://www.tempo.co/politik/gebrak-kritik-serikat-buruh-yang-dekat-kekuasaan-2133031) * [Warga Pinang Tewas Usai Terpisah di Kerumunan May Day Monas — satelitnews.com](https://www.satelitnews.com/157856/warga-pinang-tewas-usai-terpisah-di-kerumunan-may-day-monas-karangan-bunga-elit-gerindra-penuhi-rumah-duka/) * [Prabowo Ingin Bangun Kota-kota Baru untuk Kaum Buruh — id.headtopics.com](https://id.headtopics.com/news/prabowo-ingin-bangun-kota-kota-baru-untuk-kaum-buruh-82899553) * [Ketua Fraksi Gerindra Sultra Apresiasi May Day Monas — lintasmakassar.com](https://www.lintasmakassar.com/2026/05/ketua-fraksi-gerindra-sultra-apresiasi.html) * [Peringati Hari Buruh, DPD Golkar Kota Cirebon Berangkatkan Ratusan Kader ke Monas — aboutcirebon.id](https://aboutcirebon.id/peringati-hari-buruh-dpd-golkar-kota-cirebon-berangkatkan-ratusan-kader-ke-monas/) * [MBG, Wujud Nyata Ekonomi Kerakyatan Prabowo — koran-jakarta.com](https://koran-jakarta.com/2026-05-03/mbg-wujud-nyata-ekonomi-kerakyatan-prabowo) * [Indonesia to cut ride-hailing companies' maximum commission taken from drivers to 8% — reuters.com](https://www.reuters.com/sustainability/sustainable-finance-reporting/indonesia-cut-ride-hailing-companies-maximum-commission-taken-drivers-8-2026-05-01/) * [Prabowo Pangkas Setoran Ojol ke Aplikator, Grab Indonesia Buka Suara — liputan6.com](https://liputan6.com/bisnis/read/6327226/prabowo-pangkas-setoran-ojol-ke-aplikator-grab-indonesia-buka-suara) * [Prabowo Minta Potongan Aplikator Dipangkas Jadi 8%, Ini Kata Ojol — news.detik.com](https://news.detik.com/berita/d-8471305/prabowo-minta-potongan-aplikator-dipangkas-jadi-8-ini-kata-ojol) * [Gojek-Grab Respons Prabowo, Akan Koordinasi soal Potongan Tarif Ojol — news.detik.com](https://news.detik.com/berita/d-8470857/gojek-grab-respons-prabowo-akan-koordinasi-soal-potongan-tarif-ojol) * [Prabowo Mau Potongan Tarif Ojol di Bawah 10%: Lo Keringat, Dia Dapat Duit — detik.com](https://www.detik.com/sulsel/berita/d-8469821/prabowo-mau-potongan-tarif-ojol-di-bawah-10-lo-keringat-dia-dapat-duit) * [Prabowo Teken Perpres Ojol Dapat 92 Persen Pendapatan, Ini Respons Grab dan GoTo — kompas.com](https://kompas.com/tren/read/2026/05/02/133000865/prabowo-teken-perpres-ojol-dapat-92-persen-pendapatan-ini-respons-grab-dan) * [Arahan Prabowo Terkait Potongan Ojol Jadi 8 Persen, PDIP: Perjuangan Setelah Satu Tahun — nasional.kompas.com](https://nasional.kompas.com/read/2026/05/03/22075821/arahan-prabowo-terkait-potongan-ojol-jadi-8-persen-pdip-perjuangan-setelah) * [Prabowo Terbitkan Perpres Nomor 27 Tahun 2026, Senator Lia Istifhama: Instrumen Menekan Aplikator Nakal — jpnn.com](https://jpnn.com/news/prabowo-terbitkan-perpres-nomor-27-tahun-2026-senator-lia-istifhama-instrumen-menekan-aplikator-nakal) * [May Day 2026, Golkar Ingatkan Hubungan Industrial Harus Sehat dan Adil — inews.id](https://www.inews.id/news/nasional/may-day-2026-golkar-ingatkan-hubungan-industrial-harus-sehat-dan-adil) * [May Day 2026, Golkar: Negara Harus Pastikan Pekerja Tak Tertinggal Perubahan Zaman — 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