The European defence market needs to align requirements and demand in order to create scale as it attempts to boost capability, the CEO of Swedish defence group Saab said.

China lodged a protest over Defense Secretary Pete Hegseth’s speech at a defense forum in Singapore on Saturday, even as Beijing chose not to send its top military diplomat to the annual event. Hegseth chided China during the Shangri-La Dialogue,

US Secretary of Defense Pete Hegseth has warned of China posing an "imminent" threat to Taiwan, while urging Asian countries to boost defence spending and work with the US to deter war.

US Defense Secretary Pete Hegseth pressed US partners in Asia to boost defense spending toward 5% of gross domestic product, warning that more urgency is needed to prepare for a potential Chinese invasion of Taiwan.

The flurry of punitive measures taken against China by the Trump administration over the last few days was prompted by a belief among US officials that China has failed to live up to commitments it made in trade talks earlier this month,

Bitcoin fell 5% from its Thursday high after President Donald Trump accused China of violating the terms of a tariff truce from earlier this month. Trump took to Truth Social on Friday to assert that China was breaking the rules of a deal in which the two nations agreed to roll back most tariffs on each other’s goods.