logo
US sets up ‘war-fighting HQ' in Japan for possible China conflict

US sets up ‘war-fighting HQ' in Japan for possible China conflict

Yahoo31-03-2025

The US will set up a 'war-fighting headquarters' in Japan to prepare for a possible conflict with China.
Pete Hegseth, the US defence secretary, said on Sunday that US troops in Japan would be reorganised to 'keep the enemy guessing' and create 'strategic dilemmas' for China.
He said the upgrade, first announced by the Biden administration, would help US Forces Japan co-ordinate better with local troops, amid fears China might invade Taiwan.
'Peace through strength with America in the lead is back,' Mr Hegseth said at a joint press conference with Gen Nakatani, his Japanese counterpart, in Tokyo on Sunday.
'Japan is our indispensable partner in deterring Communist Chinese military aggression,' he said as he opened the event.
Mr Hegseth continued: 'Soon, we will add additional personnel in Tokyo and at US Forces Japan headquarters to conduct activities that will strengthen our bilateral bonds and deepen our operational co-operation.'
'This also means reorganising US Forces Japan into a war-fighting headquarters, increasing its staff and giving its commander the authorities needed to accomplish new missions.'
He added: 'As I mentioned in our meeting, America and Japan, we seek peace. But as my first platoon motto says: 'Those who long for peace must prepare for war.''
Japan has been concerned about how US engagement in the region might change under Donald Trump's 'America First' policy, Japanese defence officials said.
Mr Trump has threatened to impose trade tariffs on Japan, a key US ally, contributing to concern in Tokyo.
The two allies agreed to accelerate plans to jointly develop and produce missiles – such as advanced medium-range air-to-air missiles – and to consider producing SM-6 surface-to-air missiles to help ease a shortage of munitions, Mr Nakatani said.
The ministers also agreed to speed up the maintenance of US warships and warplanes in Japan to strengthen and complement Japanese and US defence industries.
Japan is home to more than 50,000 US troops. Tokyo and Washington first decided to upgrade their command and control, and that of the Japanese military who work alongside them, last July.
Last week, Tokyo launched Japan Joint Operations Command to co-ordinate Japanese ground, maritime and air self-defence forces, in a significant move to strengthen capabilities, respond to contingencies and better co-operate with the US.
Mr Hegseth and Mr Nakatani also said they agreed on the need to improve Japan's defence posture in its south-western islands, which are in critical locations along disputed areas in the East China Sea and near Taiwan, to further step up deterrence against China.
The US defence secretary stressed the need to have 'sustaining, robust, ready and credible deterrence' in the Indo-Pacific, including across the Taiwan Strait, as 'Japan would be on the front lines of any contingency we might face in the western Pacific'.
China claims Taiwan as its own territory. The US is obligated under a 1979 law to provide Taiwan with sufficient military hardware and technology to deter invasion, and its arm sales to Taiwan have always drawn strong opposition from Beijing.
On Saturday, Mr Hegseth joined the US-Japan joint memorial to honour the war dead of the Battle of Iwo Jima as they marked the 80th anniversary of the end of one of the fiercest clashes of the Second World War.
Before landing in Japan, Mr Hegseth stopped in the Philippines, where he reiterated Mr Trump's commitment to step up ties with the country, which faces maritime disputes with China.
Broaden your horizons with award-winning British journalism. Try The Telegraph free for 1 month with unlimited access to our award-winning website, exclusive app, money-saving offers and more.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Japan trade negotiator Akazawa says he made progress in U.S. tariff talks
Japan trade negotiator Akazawa says he made progress in U.S. tariff talks

CNBC

time2 hours ago

  • CNBC

Japan trade negotiator Akazawa says he made progress in U.S. tariff talks

Japan had made some progress in a fifth round of trade talks with U.S. officials aimed at ending tariffs that are hurting Japan's economy, Tokyo's chief tariff negotiator said. "Tariffs have already been imposed on autos, auto parts, steel and aluminum, and some of them have doubled to 50% along with 10% general tariff. These are causing daily losses to Japan's economy," Ryosei Akazawa, said in Washington on Friday after talks with officials, including Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick. Akazawa declined to say what progress they had made. The latest round of talks may be the last in-person meeting between senior Japanese and U.S. officials before the Group of Seven (G7) leaders summit that starts on June 15, where U.S. President Donald Trump is expected to meet Japanese Prime Minister Shigeru Ishiba. Japan also faces a 24% tariff rate starting in July unless it can negotiate a deal with Washington. "We want an agreement as soon as possible. The G7 summit is on our radar, and if our leaders meet, we want to show what progress has been made," Akazawa said. "Still we must balance urgency with a need to guard our national interests," he added. Last month Japan's trade negotiator said U.S. defence equipment purchases, shipbuilding technology collaboration, a revision of automobile import standards and an increase in agricultural imports could be bargaining chips in tariff talks. In a bid to reach an agreement with the U.S., Japan is also proposing a mechanism to reduce the auto tariff rate based on how much countries contribute to the U.S. auto industry, the Asahi newspaper reported on Friday. Akazawa said Japan's position has not changed and that the tariffs are not acceptable.

Looking for More Dividends? These 4 Singapore REITs Could Be Perfect for You
Looking for More Dividends? These 4 Singapore REITs Could Be Perfect for You

Yahoo

time2 hours ago

  • Yahoo

Looking for More Dividends? These 4 Singapore REITs Could Be Perfect for You

With high interest rates and inflation posing a threat to your savings, dividend-paying REITs have become a go-to choice for investors seeking passive income. REIT managers have been restructuring their portfolios in both the retail and industrial space. However, only a handful check all the crucial boxes of reliable distributions and a resilient portfolio. Here are four Singapore REITs for investors seeking to enhance their income stream. Keppel DC REIT or KDCR, is a sector-specific REIT in data centre infrastructure across the Asia-Pacific and Europe. As of the end of 2024, KDCR's assets under management (AUM) has seen substantial growth to about S$5 billion which is about five times its AUM when it had its initial public offering in 2014. For the first quarter of 2025 (1Q 2025), KDCR's distributable income increased by 59.4% year-on-year (YoY) and its distribution per unit (DPU) increased by 14.2% YoY. In 1Q 2025, KDCR also has a high portfolio occupancy of 96.5%. In March 2025, KDCR realised a profit from the divestment of Kelsterbach Data Centre, giving it more financial flexibility. Moving forward, KDCR acknowledges the high opportunity for growth from strong demand for data centres as the Artificial Intelligence (AI) industry scales. KDCR has a healthy debt profile with only 2.2% of its debt maturing in 2025. KDCR's DPU is also less sensitive to a change in interest rates with a 0.5 percentage point increase in interest rates resulting in a low 1.1% decline for its 1Q 2025 DPU. Capitaland Ascott Trust or CLAS, is the largest lodging trust in the Asia-Pacific with S$8.9 billion in total assets. CLAS has a geographically diverse portfolio with properties spanning across 46 cities in 16 countries. For 1Q 2025, the trust enjoyed a strong performance from its stable income sources such as master leases which make up 70% of its gross profit. CLAS also experienced a 4% YoY growth of its gross profit. In 1Q 2025, CLAS made two strategic acquisitions of Japanese hotels. This acquisition not only increased CLAS' market exposure in Japan but also increased its distribution per stapled security by 1.6% on a 2024 pro forma acquisition also improved the trust's portfolio as the blended net operating income (NOI) of the acquired hotels was over two times that of the NOI of divested properties in 2024. Macroeconomic challenges such as Trump's tariffs are also mitigated by CLAS due to a highly diversified portfolio in terms of properties and countries, thus reducing concentration mitigation strategies hedge against foreign currency and interest rate risk as well as a reduction in lodging demand due to rising costs. AIMS APAC REIT or AAREIT, is an industrial REIT with a portfolio consisting of properties in Australia and Singapore. For fiscal year 2025 (FY2025) ending 31 March 2025, AAREIT demonstrated a promising net property income growth of 2.1% YoY and a DPU growth of 2.6% YoY to S$0.096. AAREIT also has a high occupancy rate of 93.6%. AAREIT has several Asset Enhancement Initiatives (AEIs) such as the revitalisation of Optus Centre Campus in Macquarie Park,Australia, which will increase the functionality of the event space. By doing so, the Campus will appeal to a wider range of tenants and improve long term tenant retention. AAREIT also has a healthy portfolio weighted average lease expiry (WALE) value of 4.4 years which makes for a smoother and more predictable rental income stream. As of FY2025, AAREIT has total gross debt of S$582 million with no refinancing required for FY2026. Frasers Centrepoint Trust, or FCT, is a retail REIT which owns primarily suburban retail malls in Singapore. For the first half of fiscal 2025 (1H FY2025), FCT reported a YoY increase of 7.3% in net property income and a 0.5% YoY increase in DPU to S$0.0605. Its retail malls showed an increase in shopper traffic and tenants' sales by 1% YoY and 3.3% YoY, respectively. For 1H FY2025, FCT's debt profile is healthy with an aggregate leverage of 38.6% and a cost of debt decreasing by 0.1% quarter-on-quarter to 3.9%. The retail REIT also has a well-spread debt maturity profile and a stable credit rating. FCT has active AEIs with the recent completion of the AEI for Tampines 1 and the commencement of the AEI of Hougang had 41 new-to-portfolio tenants in 1H FY2025 such as Munchi Pancakes at NEX and Honor at Causeway Point. The trust also has several new-to-market tenants upcoming such as OH!SOME at Suntec City and KKV at Tiong Bahru Plaza. These efforts to revamp the malls and introduce new tenants allow FCT's malls to stay relevant, increasing foot traffic and improving tenant retention. With the increasing number of new homes around its malls as well as increasing household income, FCT sees an increase in future consumer spending resulting in long-term growth for retail spaces. In an environment where economic uncertainty is a primary concern, dividend reliability matters more than ever. These four REITs exhibit not only dependable dividend payments but also sound capital management and growth potential. Whether you are a seasoned income investor or just starting out, these REITs deserve to be in your dividend portfolio. When the market is unpredictable, where can you park your money with confidence? Our latest FREE report reveals 5 Singapore dividend-payers built to withstand global storms. Get it now and see what's still worth holding. Follow us on Facebook, Instagram and Telegram for the latest investing news and analyses! Disclosure: Gabriel Lim does not own shares of any of the companies mentioned. The post Looking for More Dividends? These 4 Singapore REITs Could Be Perfect for You appeared first on The Smart Investor.

Yageo to meet with Japan's Shibaura Electronics in mid-June
Yageo to meet with Japan's Shibaura Electronics in mid-June

Yahoo

time2 hours ago

  • Yahoo

Yageo to meet with Japan's Shibaura Electronics in mid-June

KAOHSIUNG, Taiwan (Reuters) -Taiwan's Yageo will meet with Japan's Shibaura Electronics in the middle of this month in Tokyo to discuss cooperation, Yageo's chairman said on Saturday. Pierre Chen was speaking to reporters at an event in Kaohsiung, Taiwan. Yageo, the world's largest maker of chip resistors, announced an unsolicited tender offer for Shibaura Electronics in February, aiming to acquire full control of the Japanese manufacturer that specialises in thermistor technology. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store