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1. Iran war shock derails Thailand’s economic reboot under PM Anutin

   Thailand’s Prime Minister Anutin Charnvirakul has finalised his coalition partners and tapped allies for cabinet posts, but the spillover from the war in the Middle East is already diluting the economic momentum his new government hopes to take into office. Anutin’s in-tray was already bulging with promises to address domestic woes, including high household debt and a slowdown in growth that has...

2. Halo trade reshapes Wall Street portfolios. Is China set to lead the heavy-asset era?

   Halo, short for heavy assets, low obsolescence, has emerged as a major Wall Street theme in recent weeks. Investors are rotating from tech stocks to companies with real physical assets amid fears over artificial intelligence, geopolitical tensions and rising prices of resources and infrastructure. Here’s what you need to know about how the strategy gained popularity and why it matters to...

3. Singapore man to be charged over TikTok videos on race, government

   A 59-year-old man will be charged in a Singapore court on Wednesday over four videos he posted on TikTok between 2023 and 2025, the police and Protection from Online Falsehoods and Manipulation Act (POFMA) Office said on Tuesday. The videos contained content which promoted ill will between different racial groups as well as false statements of fact, police and the POFMA Office said in a joint...

4. Elon Musk on course to become world’s first trillionaire as wealth soars

   Elon Musk’s estimated US$839 billion net worth has made him the wealthiest individual ever recorded, Forbes said on Tuesday, as billionaires worldwide saw their combined fortunes surge in the past year to an all-time high of US$20.1 trillion. Musk topped the Forbes World’s Billionaires list for the second consecutive year after his fortune swelled by roughly US$500 billion over the past 12...

5. Japan hit by worst earthquake and tsunami in its history in 2011 – from the SCMP archive

   This article was first published on March 11, 2011. By Greg Torode, Martin Wong and Agencies A farm building engulfed in flames as it disintegrated in giant waves; a minibus tumbling end over end, pushed ahead of a 10-metre wall of water - the tsunami triggered yesterday afternoon by the largest earthquake in Japanese history produced scenes of horror along the country’s northeast coast. At...

6. Hong Kong stocks extend rebound as proposed release from oil reserve soothes fears

   Hong Kong stocks rose on Wednesday as fears over surging oil prices eased and Chinese tech names rebounded after a deep rout. The Hang Seng Index gained 0.5 per cent to 26,028.00 as of 9.36am. The Hang Seng Tech Index edged up 0.6 per cent. On the mainland, the CSI 300 Index and the Shanghai Composite Index were little changed. Oil prices fluctuated after the Wall Street Journal reported that...

7. Woman charged with attempted murder in shooting at Rihanna’s Los Angeles home

   A Florida woman accused of firing gunshots at Rihanna’s home in Los Angeles was charged Tuesday with one count of attempted murder and other felony offences including 10 counts of assault on a person with a semi-automatic firearm. District Attorney Nathan Hochman said that the singing superstar, her partner A$AP Rocky, their three small children and her mother were all on the property at the...

8. The US-Israeli war on Iran threatens global energy. How is Asia preparing?

   US President Donald Trump says the war on Iran may not last much longer. But across Asia, government actions are racing to shield themselves from the fallout – revealing a region gripped by anxiety that an energy shock could revive the spectre of stagflation. Under mounting economic pressure and record oil market volatility, Trump said on Monday that the US-Israeli war on Iran could be over...

9. Harvey Weinstein calls prison ‘hell’ in interview behind bars

   Disgraced movie mogul and convicted rapist Harvey Weinstein says life in prison is “hell” in an interview where he repeatedly claimed he was not guilty of any crimes. The man who once effectively ruled Hollywood before a spectacular fall from grace at the start of the #MeToo movement said he is trapped in his cell at New York’s Rikers Island, with only guards for company. “It’s too dangerous for...

10. Hong Kong tycoon urges prudent approach to development amid global uncertainty

    A Hong Kong property tycoon has called for a more prudent approach to the city’s development rather than accelerating projects amid global uncertainties, saying the industry’s willingness to invest in the Northern Metropolis hinges on the health of the market. Far East Consortium chairman David Chiu Tat-cheong also described the megaproject’s new land disposal approach – which requires winning...