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1. Hong Kong landlords face HK$17,000 inspection bill over ignored water seepage

   Hong Kong landlords who fail to fix water seepage affecting flats below face a minimum inspection bill of HK$17,000 (US$2,170) if they take no action within 28 days of notification under a pilot scheme designed to fast-track such cases. The plan, launched by a joint office under the Food and Environmental Hygiene Department (FEHD) and Buildings Department, shifts the responsibility of...

2. Xi Jinping’s meeting with Abu Dhabi crown prince highlights Gulf turn towards China

   Chinese President Xi Jinping ‌called for a more robust, resilient and dynamic ‌strategic partnership with the United Arab Emirates on Tuesday, as Beijing intensified what observers have described as its “quiet but pragmatic” diplomacy during the Iran crisis. In a meeting with Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the crown prince of Abu ‌Dhabi, Xi unveiled a four-point proposal to...

3. Wang Fuk Court resident reports suspected theft from fire-hit flat

   A resident of Hong Kong’s fire-ravaged Wang Fuk Court housing estate in Tai Po has said that a drawer in her flat had been rummaged through, prompting a police investigation and rekindling burglary fears in the sealed residential complex. Police launched the probe after a resident surnamed Lee raised concerns about a possible burglary early on Tuesday. A government social worker had sent her a...

4. Why energy firm Sigenergy’s IPO ignited market frenzy with oversubscription of 1,000 times

   Chinese energy storage firm Sigenergy has ignited a market frenzy with its initial public offering (IPO) plan in Hong Kong, drawing an oversubscription of over 1,000 times, while its listed peer Guoxia Technology enjoyed a rally, as the duo capitalise on the artificial intelligence boom. Shanghai-based Sigenergy, which aims to raise HK$4.4 billion (US$561.6 million) in its IPO, is expected to be...

5. Philippines rejects China’s claim it ‘staged’ cyanide evidence at disputed shoal

   The Philippine military on Tuesday rejected Beijing’s claim that Manila had staged a “cyanide stunt” near a contested reef in the South China Sea, after Filipino officials accused Chinese fishermen of using cyanide around a grounded warship that serves as a military outpost. “We reject any statement that this is fabricated news,” said Navy Rear Admiral Roy Vincent Trinidad, a spokesman for the...

6. Discovery Bay developer eyes longer taxi trial amid safety fears

   The developer of Hong Kong’s Discovery Bay is considering extending its trial period and limiting operating hours for cabbies to gain full access to the resort-style seaside community amid opposition from some residents. The Islands District Council’s Traffic and Transport Committee held a meeting on Tuesday to discuss the paper presented by Hong Kong Resort Company in the presence of more than...

7. Shanghai Gigafactory has potential to construct humanoid robots: Tesla China president

   Tesla’s Shanghai Gigafactory, its largest production base, has the potential to build humanoid robots in future, the company’s China president says, with its manufacturing efficiency and innovative capability seen as potential drivers of CEO Elon Musk’s hopes of commercialising the technology swiftly. Allan Wang Hao said in a media briefing on Tuesday that the Shanghai Gigafactory could provide...

8. Will the next round of US-Iran talks bring peace or more confrontation?

   Negotiating teams from America and Iran could return to Islamabad as early as the end of this week, days after 21 hours of talks in the Pakistani capital ended without a deal, Reuters reported. US President Donald Trump on Monday said that “we’ve been called by the other side” and “they want to work a deal”. A limited or temporary settlement remained possible as the two sides were cautiously...

9. IMF cuts China’s GDP growth forecast to 4.4% as Iran war pressures global economy

   The International Monetary Fund (IMF) has lowered its global economic growth forecast, including for China, citing shocks from the US-Israeli war in Iran. In its flagship World Economic Outlook published on Tuesday, the IMF projected worldwide gross domestic product growth at 3.1 per cent this year, down 0.2 percentage points from its January estimate. China – the world’s second-largest economy...

10. Malaysians urged to tighten their belts as Iran war fallout starts to bite

    Malaysia’s government has urged the public to be ready to tighten their belts over an extended period, with the full effects of the energy crisis triggered by the Iran war expected to kick in as soon as June after the country’s economic buffers run their course. Domestic gas production and costly fuel subsidies have so far shielded the country’s population of 34 million from most of the fallout...