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Hong Kong’s financial chief has revised the city’s fiscal surplus for the previous year to HK$11 billion (US$1.91 billion), nearly four times the original estimate, saying the ongoing Middle East conflict had a limited impact on the economy with gross domestic product (GDP) growt…

Thailand is turning to live-streamers to clear a looming durian glut, slashing prices as weaker Chinese demand threatens its biggest export market. Top online seller Pimradaporn Benjawattanapat, or Pimrypie, led a high-energy live stream on Tuesday night, pitching to her combined…

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. China’s EV and battery makers race to cut charging times to under …

A South Korean appeal court increased the sentence of jailed former president Yoon Suk-yeol on Wednesday to seven years for obstructing justice, up from five years. A lower court had handed Yoon the initial sentence in January after he was found to have used presidential security…

A massive genomic study of indigenous peoples in the Americas has uncovered evidence of a previously unknown migration into South America that occurred as recently as 1,300 years ago – during China’s Tang dynasty. These new settlers carried genes remarkably similar to indigenous …

Russia will mark victory over Nazi Germany next month with a military parade on Moscow’s Red Square, but with no military equipment displayed in view of the operational situation in the war in Ukraine, the ‌Defence Ministry said late on Tuesday. The parade, traditionally held on …

Hong Kong authorities have pledged to intervene in landlord-tenant disputes preventing residents from retrieving belongings from the fire-ravaged Wang Fuk Court, as packing efforts enter their 10th day. Deputy Chief Secretary Warner Cheuk Wing-hing said on Wednesday that while th…

China’s top market regulator is intensifying its crackdown on debt-laden “zombie companies” – rolling out a pilot programme in seven economic hubs to facilitate the forced exit of unprofitable firms often propped up by government subsidies or bank loans. The move signals a broade…

The leader of Mali’s military government, Assimi Goita, on ⁠Tuesday made his first public appearance since insurgents launched coordinated attacks over the weekend, vowing in a televised address to “neutralise” those responsible. West Africa’s al-Qaeda affiliate and a Tuareg-domi…

Thailand’s vision for a land bridge splits opinion: some see it as a crucial new Asian trade route for a global economy held hostage by geography, while others view it as an expensive and environmentally ruinous distraction for a kingdom with plenty already on its plate. But to i…

Homeowners of the only block undamaged in the deadly Wang Fuk Court inferno who decline the government’s buy-back offer will face significant challenges in the management and maintenance of their properties in the long run, Hong Kong authorities have warned. Deputy Financial Secr…

India’s major airlines warned of a potential suspension in services unless the government lowered jet fuel prices. “The airline industry in India is under extreme stress and on the verge of closing down or of stopping its operations,” the Federation of Indian Airlines, representi…

Israel’s reported deployment of its Iron Dome missile defence battery in the UAE signals a “watershed moment” in Middle Eastern security alignments, analysts say, as the war in Iran highlights the critical role of such air defence systems. Israel sent an Iron Dome air-defence sys…

UK King Charles gave US President Donald Trump a taste of his own medicine at a White House state dinner on Tuesday when he joked that without the British, Americans would be speaking French. As the heads of state traded jokes during their dinner toasts, Charles referenced previo…

Asia’s oil import-dependent economies will benefit from the United Arab Emirates’ (UAE) exit from Opec, though the ongoing closure of the arterial Strait of Hormuz may not offer any immediate relief from soaring prices, analysts say. Global oil prices continued to surge on Wednes…

Plans to build a mosque in Fujisawa, a city southwest of Tokyo, have become the latest flashpoint for Muslim communities in Japan, as a growing need for places of worship meets resistance from some local residents. Muslim community leaders and scholars said the opposition in Fuji…

Chinese scientists are moving technology that converts greenhouse gases into aviation fuel out of the laboratory and towards large-scale production. Global jet fuel prices surged to US$175 a barrel in March – a year-on-year leap of 94.4 per cent – and broke through the US$200 mar…

When Lee Kun-hee, the patriarch behind Samsung Electronics, died in 2020, his dynasty soon dealt with a crisis on two fronts: first, a multibillion-dollar inheritance tax. The following year, his son Jay Y. Lee was jailed after being convicted of bribing South Korea’s former pres…

There is a time and a place. Just because you have a right to do something doesn’t mean you should exercise it. The United States and its allies keep claiming they have the right of navigation in international waters by sending their navies through the Taiwan Strait. Their intent…

The economic divide between the United States and China is projected to widen to US$11 trillion by the end of the decade, yet escalating geopolitics – specifically the war in Iran and the ongoing Strait of Hormuz crisis – could inadvertently act as a stabilising force for bilater…

As the US-Israeli war on Iran enters a third month, there is no imminent sign of a break in the deadlock between Washington and Tehran. These are the main takeaways from what happened overnight. What did Trump say? After welcoming Britain’s King Charles III in Washington on Tuesd…

Donald Trump’s picture will soon appear in some US passports, officials said on Tuesday, shattering another norm as the president aggressively puts his personal stamp on government institutions. The US State Department, following reports by Fox News and The Bulwark, confirmed it …

The acting US ambassador ⁠to Kyiv Julie Davis will step down from her post and retire, a US official and the State Department said on Tuesday, amid a lull in US-brokered talks to achieve a ceasefire and end Russia’s invasion ‌of Ukraine. The Financial Times first reported Davis’ …

Over 70 Democrats on Tuesday urged US President Donald Trump to keep Chinese carmakers out of America, warning of “irreversible” consequences, just weeks ahead of his high-stakes trip to Beijing to meet with China’s President Xi Jinping. “We must not cede the American auto indust…

As the US-Israel war in Iran drags into its third month, sulphuric acid – a chemical ingredient critical for fertiliser production and metal processing that has seldom grabbed global headlines – has become a keenly watched commodity. The military conflict in the Gulf and the effe…