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1. Malaysian anti-corruption body offers to pay key witness’ flight for chips probe

   Malaysia’s anti-corruption agency on Wednesday offered to pay for the flight of a London-based key witness to help with its investigation into possible corruption linked to a US$250 million deal signed last year between the government and British chip design firm Arm Holdings. The Malaysian Anti-Corruption Commission (MACC) has for the past month been on the hunt for former government aide James...

2. South Korean restaurants struggle to survive as global oil prices eat into profits

   Kim Bong-hwan, who runs a barbecue restaurant in Myeong-dong in central Seoul, is feeling the brunt of rising costs, with wholesale beef prices climbing from about 28,000 won (US$18) per kilogram to more than 40,000 won in recent weeks. “Everything’s going up – beef, pork, eggs, vegetables and even disposable materials like plastic bags and containers,” he said. “Prices have risen 20 to 30 per...

3. How Israel dodged Hormuz energy crisis while others reel from the blow

   Iran’s chokehold on the Strait of Hormuz has thrown the global economic system into turmoil, yet Israel, which launched attacks on Tehran alongside the United States, has emerged as a rare exception. Since Israel and its US ally started the Middle East war on February 28, economies from Asia to Europe and the US have come under pressure from surging oil and natural gas prices that have driven up...

4. China gains ground in DR Congo’s mining sector as Australian firm loses permits

   Two significant decisions within eight days made by the government of the Democratic Republic of Congo reflect the current state of its mining industry, where Chinese companies have emerged as preferred partners. On March 19, DR Congo’s Mining Registry announced the cancellation of mining permits held by Australia’s AVZ Minerals for non-payment of surface rights fees. It was the second...

5. Japan solo dining chain surges in popularity in China; hours-long wait times lead to scalpers

   A new solo dining trend among Chinese people is boosting the success of Japanese diner brands such as Sushiro. The conveyor belt sushi chain opened its first mainland shop in Guangzhou in southern China’s Guangdong province in 2021. Its popularity boomed when the brand opened its first shop in Beijing in 2024. It was reported that there was a queue of up to 1,500 tables. When Sushiro entered...

6. Malaysian minister warns of ‘very, very serious’ energy crisis

   The Malaysian government has entered “crisis mode” in response to the ongoing global energy supply disruption, its transport minister has warned. “This is not a laughing or joking matter. It is a very, very serious matter,” Transport Minister Anthony Loke said on Tuesday, as quoted by the New Straits Times newspaper. “For the past month, energy costs have risen by more than 100 per...

7. Fidel Castro’s grandson backs capitalism and Trump deal, slams Cuba leader

   Amid ongoing talks between the Trump administration and Cuban leaders, Sandro Castro, the controversial grandson of Fidel Castro, told a major US television news network that most Cubans on the island want to embrace capitalism and that the country’s hand-picked president, Miguel Diaz-Canel, has done a poor job. His statements to CNN’s Havana correspondent, Patrick Oppmann, echoed earlier calls...

8. Pakistan eyes Gulf investment, defence deals in return for playing peacemaker in Iran war

   Pakistan is hoping that its role in building a diplomatic off-ramp from the US-Israel war on Iran will enable it to become a key actor in the Middle East after the conflict ends, analysts say. If Islamabad can deliver without being sucked into the maelstrom, it can capitalise on its position as peacemaker by signing defence deals with Gulf monarchies and attracting investment from them to...

9. World’s first Chinese-language TV station goes off-air in 2016 – SCMP archive

   This article was first published on April 2, 2016. by Eddie Lee Staff, fans bid farewell to broadcaster It was finally curtains for Asia Television last night (April 1, 2016) after a couple of near-shutdowns last month and one dramatic twist after another to the embattled station’s chequered final episode. Just before the stroke of midnight, the cash-strapped broadcaster pulled the plug after...

10. China doubles down on chemical plant expansion with tech breakthrough amid Iran war

    China is doubling down on mega chemical plants to secure the “industrial gold” needed for its green technology and to scale the coal-based production of chemicals whose global supply is stalled by conflict in the Middle East. On March 20, construction began on the world’s largest coal-to-ethylene glycol project in Xinjiang’s Turpan prefecture, which is expected to produce 2.4 million tonnes per...