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1. China outlicensing tops US$52 billion in first two months on rise in global deals

   The pace and size of outlicensing deals between Chinese drug makers and global partners have accelerated this year, highlighted by two agreements announced this week, each worth more than US$1 billion. The string of deals shows how China is becoming a sought-after source of drug candidates for multinational pharmaceutical companies, which are increasingly looking for long-term partnerships...

2. Iran war leaves China in foreign policy divide

   Chinese and US trade officials will meet in Paris at the end of next week, laying the groundwork for President Donald Trump’s upcoming visit to Beijing. Chinese Vice-Premier He Lifeng and US Treasury Secretary Scott Bessent will lead discussions on trade and investment deals, the South China Morning Post reported, citing unidentified sources. Trump is due to arrive in Beijing on March 31, for a...

3. Hong Kong’s retail sales rise 5.5% in January as tourists loosen purse strings

   Hong Kong’s retail sales rose 5.5 per cent year on year in January, with authorities crediting inbound tourism for supporting the sector. Provisional figures released by the Census and Statistics Department on Wednesday showed sales reached HK$37.3 billion (US$4.77 billion) in January, marking the ninth straight month of growth since May 2025, after 14 consecutive months of decline. The increase...

4. South Korean drink-spike killer quizzed ChatGPT for lethal doses, police say

   A South Korean woman arrested for killing men in motel rooms by spiking their drinks met the clinical criteria necessary to be considered a psychopath, police said on Wednesday. The 22-year-old suspect, identified only by her surname Kim, had scored high marks on the “revised psychopathy checklist”, investigators told The Korea Herald. The test, which measures 20 traits such as callousness,...

5. Malaysia’s Anwar under pressure after parliamentary setback complicates reform push

   Prime Minister Anwar Ibrahim may face growing difficulty pushing through major reforms as Malaysia edges closer to its next general election, analysts have said, after a parliamentary setback exposed strains within his broad but fragile ruling coalition. The warning signs emerged when lawmakers failed to pass a constitutional amendment to limit the prime minister’s tenure to two terms – a reform...

6. Singapore and China have ‘common interests’ in safeguarding global order, says ambassador

   Singapore and China share “common interests” in safeguarding international order amid profound changes in the global landscape and uncertainties from trade wars, according to the city state’s top envoy to Beijing. The world has faced increased challenges, with huge pressure on multilateralism, free trade, and openness since the beginning of last year, Peter Tan Hai Chuan, Singapore’s ambassador...

7. Ex-Hong Kong lawmaker Chim Pui-chung granted HK$5 million bail in fraud appeal

   Former Hong Kong lawmaker Chim Pui-chung has been granted HK$5 million (US$640,000) bail pending an appeal against his conviction for conspiring with his son and others to defraud a listed company and the city’s stock exchange more than a decade ago. Chim, 79, applied for bail before a High Court judge for the second time on Wednesday, having been remanded in custody since his conviction in...

8. China’s top advisory body urges Greater Bay Area cities to align rules, regulations

   China’s top advisory body has called on Hong Kong, Macau and the nine other Guangdong cities of the Greater Bay Area to better align their rules and regulations under a key directive in its latest annual work report. Wang Huning, chairman of the Chinese People’s Political Consultative Conference (CPPCC) National Committee, delivered the nation’s top advisory body’s annual work report during its...

9. Singapore offices cost the most to outfit, Asia-Pacific survey says

   Singapore is the most expensive city in the Asia-Pacific region to outfit an office, driven by increased labour costs, a shortage of contractors and strict building standards, according to real estate consultancy Knight Frank. The city had the highest average fit-out cost at US$2,029 per square metre – ahead of Tokyo (US$1,994) and Taipei (US$1,593) – in the firm’s survey of 23 cities across...

10. Fatigue is rewriting the US-China soft power contest, starting in Asean

    For years, debates about US-China competition have defaulted to the obvious categories: ships, chips, tariffs and security pacts. Soft power was often treated as America’s home turf, the domain of Hollywood, top universities, global brands and a political ideal that still attracts even when it disappoints. That assumption is getting riskier. The world has entered a new emotional weather pattern:...