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The United States will increase the rotational presence of air, land and sea forces in Australia, including bomber aircraft and fighter jets, U.S. Defense Secretary Lloyd Austin said on Tuesday, amid shared concerns about China. Speaking after annual AUSMIN talks between the allies, Austin said the two countries also agreed …

Vietnam’s electric-vehicle maker VinFast said on Tuesday it has filed for an initial public offering (IPO) in the United States to list on the Nasdaq under ticker symbol “VFS” to fund its expansion with a planned plant in North Carolina. VinFast, which began operations in 2019, is gearing up to …

Jollibee Foods Corp, the biggest fast-food operator in the Philippines, is in advanced discussions to sell a minority stake in its Vietnamese coffee chain Highlands Coffee, two sources with knowledge of the matter told Reuters. Jollibee, controlled by Philippine billionaire Tony Tan Caktiong, is considering a sale that could value …