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1. Iran tempts Trump with ‘trillion-dollar’ nuclear deal pitch

   After US and Iranian negotiators agreed on Tuesday to a set of “guiding principles” at their nuclear talks in Geneva mediated by Oman, Tehran went further – framing any eventual deal as a commercial proposition, not just a security arrangement. Iran is pitching access to its vast energy and mineral reserves as what it has called a “trillion dollar opportunity” for American firms. In doing so,...

2. Germany’s Merz chides standing ovation for Rubio at Munich Security Conference

   German Chancellor Friedrich Merz expressed irritation over the standing ovation for US Secretary of State Marco Rubio at the Munich Security Conference. “I wasn’t in the hall and even if I had been, I would have found it difficult to stand up,” Merz said on the political podcast Machtwechsel (“change of power”), which is due to be released on Wednesday. Rubio’s speech had not been as...

3. Hundreds evacuated after cooking mishap sparks false fire alarm at Hong Kong estate

   Hundreds of residents at a Hong Kong public housing estate were evacuated in the early hours of the second day of Lunar New Year over a suspected fire, only to discover that white smoke billowing from a flat had come from a cooking mishap. The Fire Services Department received a fire alarm report at about 2.30am on Wednesday at Kin Wah House, Kin Ming Estate in Tiu Keng Leng. Some residents took...

4. Budweiser and Heineken face polar opposite fates in China as punters favour home comforts

   The world’s two largest brewers faced starkly diverging realities in China in 2025 and rather than it being about taste or popularity, the contrast appears to largely boil down to a shift in the nation’s drinking habits, sparked – in part – by the economic downturn. During the year, Budweiser Brewing APAC, the Asian subsidiary of the Belgian beer giant Anheuser-Busch InBev, posted its biggest...

5. Philippines’ Sara Duterte throws hat in the ring for 2028 presidential run

   Philippine Vice-President Sara Duterte announced on Wednesday she will run for president of the archipelago nation of 116 million in 2028. Duterte, who is embroiled in a bitter feud with President Ferdinand Marcos Jnr, was impeached last year only to see the country’s Supreme Court throw the case out over procedural issues. “I offer my life, my strength and my future in the service of our...

6. Zelensky says Trump’s peace demands focused only on Ukraine ‘not fair’

   Ukrainian President Volodymyr Zelensky said US President Donald Trump was exerting ⁠undue pressure on him in ⁠trying to secure a resolution to ⁠the nearly four-year-old war pitting Kyiv against Moscow. Zelensky, in an interview with US website Axios published on Tuesday, also said any plan requiring Ukraine to give up territory that Russia had not captured in the eastern Donbas region would be...

7. ‘Stay vigilant even in peace,’ Hong Kong rural leader says in Lunar New Year prophecy

   Hong Kong must stay vigilant in times of peace and drive innovation in economic development, according to a prophecy drawn by the city’s top rural leader during an annual Lunar New Year ritual. Kenneth Lau Ip-keung, chairman of powerful rural body the Heung Yee Kuk, drew a “neutral” stick for Hong Kong at Che Kung Temple in Sha Tin on the second day of the Year of the Horse on Wednesday and...

8. Chinese and Indian tourists to boost Europe’s travel market amid US slowdown

   Chinese and Indian tourists are set to make up for a potential slowdown in growth from US travellers to Europe this year, according to a survey published on ‌Wednesday by the European Travel Commission, with international arrivals to the continent set to rise by 6.2 per cent. This is the first sign of a slowdown in the post-pandemic boom in American travel to Europe, driven by a strong US dollar...

9. Japan’s Takaichi steps back from Liancourt Rocks pledge in sign of softer line on South Korea

   Japanese Prime Minister Sanae Takaichi will not send a cabinet minister to an annual ceremony calling for the return of the Liancourt Rocks – known as Takeshima in Japan and Dokdo in South Korea – stepping back from an earlier pledge and signalling a softer touch towards Seoul. Analysts say the decision not to dispatch a senior minister to the event reflects a pragmatic effort to steady...

10. Universities in Japan and China are becoming tools of national strategy

    Japan’s Prime Minister Sanae Takaichi entered office with an unusually strong political mandate following her decisive election victory on February 8. Among her early signals was a renewed emphasis on science, including a call for a substantial expansion of investment in basic research. For a country grappling with demographic decline, fiscal pressure and intensifying technological competition,...