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1. Double defeat for Vance as failed Iran talks and Orban’s exit bruise US vice-president

   J.D. Vance had two jobs last week: get an Iran deal and keep Hungary’s Viktor Orban in power. Neither happened for the US vice-president. The 41-year-old Vance looked exhausted as he left Pakistan on Sunday after 21 hours that failed to produce an agreement with Tehran to end a war he had never wanted to begin with. At a terse press conference in Islamabad, Vance delivered the “bad news” and...

2. China’s imports surge in March as exports soften amid Hormuz blockade

   China’s export growth softened and imports rose considerably in March, as disruptions in the Strait of Hormuz drove up transport costs and energy prices. Exports rose 2.5 per cent year on year to US$321.03 billion in March, according to data released by China’s General Administration of Customs on Tuesday. The reading fell short of the 4 per cent growth forecast by economists polled by the...

3. Canada’s Carney secures majority government with special election wins

   Canadian Prime Minister Mark Carney secured a majority government with special election wins Monday night, allowing his Liberals to pass legislation without the support of opposition parties. Voters cast ballots for three vacant seats of the 343 districts represented in Parliament. Liberal candidate Danielle Martin won the election for the Toronto district of University-Rosedale and Liberal Doly...

4. Trump claims Jesus-like meme that caused outcry was him as a doctor

   US President Donald Trump on Monday defended his now deleted social media post that appeared to depict himself as Jesus Christ, contending that it was meant to portray him as “a doctor” after right-wing figures continued a recent trend of pushing back on the president’s recent comments. “Well, it wasn’t a depiction. It was me, I did post it. And I thought it was me as a doctor, and had to do...

5. Asia air travel faces turbulence as Iran war exposes jet fuel vulnerability

   Jet fuel shortages and surging prices are forcing flight cancellations across the Asia-Pacific, a squeeze that could intensify after the United States began controlling oil shipments through the Strait of Hormuz following failed peace talks with Iran. Tehran’s effective closure of the strait – a chokepoint for about 20 per cent of global oil supply – is hitting regional airlines, particularly in...

6. Shenzhen’s new party boss has taken the wheel but can he deliver ahead of Apec?

   As the new Communist Party chief of China’s southern manufacturing hub Shenzhen, Jin Lei is facing his first major test as the city prepares to host the Apec leaders’ summit in November. Beijing is seeking more cooperation with the bloc in areas like artificial intelligence, and the key regional forum is an opportunity to show the potential in tech-driven Shenzhen, where Jin took the helm last...

7. Malaysian bust spotlights shadow fleet oil trade in Southeast Asia

   The bust of an illegal transfer of oil between tankers in Malaysian waters has returned the spotlight to the shadow fleet trade in fuel – much of it from sanctioned nations – in Southeast Asia, which continues despite the paralysis of legitimate shipping routes triggered by the Iran war. Two tankers were intercepted in waters off Bagan Ajam, off the coast of Penang, on Saturday during an alleged...

8. Brussels must resist ‘passive’ role in US-China trade war, EU chamber urges

   A leading European business association in China has urged Brussels to avoid becoming a “passive recipient” of US-China trade negotiations, as European firms scramble to navigate Beijing’s export controls. In a report released on Tuesday, the European Union Chamber of Commerce in China asserted that the EU must take the lead in discussions affecting its interests, while urging Beijing to avoid a...

9. Chinese man, 32, suffers stomach pain, discovers thermometer swallowed as child still inside him

   A 32-year-old Chinese man who went to hospital suffering from stomach pain was shocked to discover that a mercury thermometer he had swallowed 20 years ago was still inside him. The man, surnamed Wang, from Wenzhou in Zhejiang province, southeastern China, had sought treatment at the Longgang branch of The First Affiliated Hospital of Wenzhou Medical University. A scan revealed a foreign object...

10. Minister says Pakistan ‘committed’ to repay US$3 billion loan from UAE

    Pakistan is considering financing from both countries and banks as options to repay a US$3 billion loan from the United Arab Emirates and help maintain foreign exchange reserve levels amid soaring oil prices, Finance Minister Muhammad Aurangzeb said. The South Asian country this month failed to reach an agreement with the UAE to roll over the debt for the first time in seven years, adding...