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G7

G7
The Group of Seven (G7) originated in 1975 as the Group of Six (France, West Germany, Italy, Japan, the United Kingdom, and the United States), representing the largest economies in the world. It was joined by Canada in 1976.
A man walks along the shore as oil tankers and cargo ships line up in the Strait of Hormuz, as seen from Khor Fakkan, United Arab Emirates. Photo: AP
US, Israel war on Iran

Iran warns of US$200 oil as countries reach for emergency reserves

US president declares ‘we won’ the war as chaos in the Strait of Hormuz sends shock waves through energy markets.

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Germany

Germany, Japan to unblock oil reserves as G7 stands ‘ready’ to act

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Artificial intelligence

Opinion | Who will save the world from a US-China AI arms race?

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US-China relations

Trump’s ‘vacillating’ China policy causing confidence crisis in allies: report

‘Sweeping destruction – rather than careful reforms and policy corrections – is the order of the day’, Munich Security Report 2026 says.

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Munich Security Report 2026 says “the world has entered a period of wrecking-ball politics”. Photo: Handout
Russia

Russian shadow tanker’s Indian captain, crew in French custody

The Grinch is suspected of belonging to Russia’s sanctions-busting ‘shadow fleet’ for the vessel’s failure to fly a flag.

US-China relations

Can US-led bloc ease China’s ‘vice-like grip’ on rare earths?

Washington is working with its allies to accelerate projects in rare earths and diversify their supply in response to China’s export curbs.

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China trade

Japan firms seen ‘stockpiling’ rare earths as Tokyo looks to G7 amid China row

Amid fears of potential mineral export curbs by Beijing, Japanese industry is bracing, and Tokyo appears keen on a united international response.

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Japan’s finance minister said she would attend a G7 gathering in Washington on Monday with the “risk of a rare-earth-supply interruption from China in mind”. Photo: Getty Images
Greece

Greek minister takes over as Eurogroup president, marking historic turnaround

Kyriakos Pierrakakis’ election to head Eurogroup underscores Greece’s remarkable economic performance.

China-EU relations

France’s Emmanuel Macron to meet Xi Jinping during China trip next week

French president will meet his Chinese counterpart as part of a three-day visit from December 3, with two stops in Beijing and Chengdu.

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Diplomacy

Opinion | Why next year’s G20 could be make or break for global development

As the US prepares to chair the G20, it faces a strategic choice: engage or revert to a narrower agenda.

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Illustration: Craig Stephens
Donald Trump

Trump says Canada’s Carney apologised for ad, but trade talks won’t resume

The US president ended negotiations last week over an anti-tariff advertisement that drew from a speech by Ronald Reagan.

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US President Donald Trump (right) says he has a “very good relationship” with Canadian Prime Minister Mark Carney. Photos: AFP
China-EU relations

Von der Leyen vows to strike back against China as EU feels rare earths squeeze

The bloc is ready to use all of the tools at its disposal in response to Beijing’s export controls, commission chief says.

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US-China trade war

The squeeze is on: Beijing and Washington flex muscles as narrative war heats up

With both sides seeking leverage, US frames flare-up as ‘China versus the world’ but finds itself accused of adopting ‘double standard’.

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Japan

After India, US tells Japan to stop importing Russian energy

US President Trump said that Indian Prime Minister Modi has pledged to stop buying oil from Moscow.

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A Russian-flagged crude oil tanker transits the Bosphorus in Istanbul in 2023. Photo: Reuters
Canada

Netanyahu says recognition of Palestinian state a ‘huge reward to terrorism’

Israeli PM said the move by the UK, Canada and Australia ‘will not happen’ and he will formally respond after a meeting with Trump next week.

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Israeli Prime Minister Benjamin Netanyahu. Photo: Haim Zach / GPO / dpa
Singapore

Recognition ‘likely to harm’ Palestinians, says Singapore minister

K Shanmugam says Singapore is ‘prepared in principle’ to recognise a Palestinian state but doubts it would ‘change facts on the ground’.

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Hong Kong national security law

Police summon father of activist linked to subversive ‘Hong Kong Parliament’

Force asks Alan Keung’s father to report to police station to assist in investigation into his son, an activist based in Canada.

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Brics

Opinion | For Brics, it’s a big leap from talk shop to institution of power

The bloc stands at a crossroads: can it become a true alternative to the G7, or is it merely a fractured mirror of diverging interests?

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The 17th annual Brics summit in Rio de Janeiro, Brazil, on July 6. Photo: AP
China-South Korea relations

South Korea’s Lee Jae-myung pledges to improve China, Russia ties

The president says his focus is on pragmatic diplomacy that safeguards the public and national interests.

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Trade

Carney says trade talks with US resume after Canada rescinded tech tax

On Friday, Donald Trump abruptly cut off trade talks with Canada over what he called a ‘blatant attack’ on the US.

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World Economic Forum (WEF) in Davos

China urged to step up fiscal support amid Iran-Israel war, trade war risks

Beijing may need to spend more to preserve growth and long-term stability, central bank adviser says.

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Professor Huang Yiping, dean of the National School of Development at Peking University, attends Global Financial Leaders’ Investment Summit at Grand Hyatt, Wan Chai, Hong Kong, on November 19, 2024. Photo: SCMP / Dickson Lee
India

Will India and Canada move beyond ‘past rancour’ and normalise ties quickly?

The positive tone set by Narendra Modi and Mark Carney in Canada is set to lead to closer two-way economic and other ties, analysts say.

India and Canada will reinstate diplomats in each other’s capitals following a meeting between Prime Minister Narendra Modi and Prime Minister Mark Carney before the G7 summit in Kananaskis, Alberta on Tuesday. Photo: AP
China airliners

China’s aerospace drive, Summer Davos and more

This week: Comac sets goal for C929 plane, PBOC outlines steps to boost use of yuan, China woos Central Asia and President Xi calls for de-escalation in the Middle East. Next week: Summer Davos in Tianjin, Nato summit, Trump’s steel tariffs to hit Chinese appliances and more.

Canada

Canada will ‘adjust’ counter-tariffs on US metals if no Trump deal in 30 days

Prime Minister Mark Carney also unveiled a raft of measures to support local companies facing 50 per cent US metal duties.

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Canada

G7 summit wraps with statements on AI, critical minerals, but not Ukraine

No ‘strongly worded’ joint condemnation of Russia as Washington reportedly argues such an approach could undermine its ability to negotiate.

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(From left) Australian Prime Minister Anthony Albanese, Mexican President Claudia Sheinbaum, French President Emmanuel Macron, Canadian Prime Minister Mark Carney and Ukrainian President Volodymyr Zelenskiy pose for a photo during the G7 summit in Kananaskis, Alberta, Canada, on Tuesday. Photo: AAP/dpa
Donald Trump

Trump says EU not offering fair trade deal, Japan being ‘tough’ too

The US president left his team in Canada to continue working on thorny trade issues after he abruptly exited the G7 summit.

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US President Donald Trump speaks to reporters aboard Air Force One after departing early from the the G7 summit in Canada to return to Washington. Photo: Reuters
Canada

Modi and Carney meet to reset India-Canada ties after tense 2 years

Relations have been rocky since Trudeau accused New Delhi of involvement in the murder of Sikh leader Hardeep Singh Nijjar on Canadian soil.

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Middle East

Asia’s oil lifeline at risk as Israel-Iran crisis ignites Strait of Hormuz fears

Any closure of the strait could choke oil flows vital to Asian economies, analysts warn.

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