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1. Iran awaits Trump threat to ‘obliterate’ power plants, readies response

   Iran on Monday faces a deadline by US President Donald Trump to open up the crucial Strait of Hormuz or face a major US assault on power plants, as Israel warned of weeks more of war. Israel also gave the clearest signs yet it intends a ground campaign into Lebanon, destroying a key bridge as it vows to crush Hezbollah, the Shia Muslim movement backed by Iran. Trump, after enthusiastically...

2. Hong Kong bracing for a hot, damp spell with humidity reaching 95% by midweek

   This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Hong Kong is set for a hot and damp week ahead, with the city’s forecaster predicting relative humidity to reach as high as 95 per cent from Wednesday as seasonal coastal mist moves in. The Observatory said on Monday that daytime temperatures would rise to 28...

3. North Korea reappoints Kim Jong-un as supreme leader

   North Korean leader Kim Jong-un was reappointed as president of ‌state affairs, state media reported on Monday, after the isolated nation convened the first session of its Supreme People’s Assembly a day earlier. North Korea’s constitution explicitly states that the president of state affairs is the “supreme leader of the DPRK” who represents the state, which is officially known as the...

4. How China influencer achieves monthly sales of US$14 million by selling US$10 beauty products

   An online influencer in China with three million followers who projects a filial piety persona has deleted her social media account in the wake of a pricing controversy. The deletion came in the wake of a media report that she sold two bottles of face cream for 69.9 yuan (US$10) when its original price was 3,999 yuan (US$580). As the influencer boasted the cosmetic product was imported from...

5. Hong Kong developer banks on arts and finance synergy in West Kowloon cultural hub

   Hong Kong developer Sun Hung Kai Properties is betting big on arts and commercial projects at the West Kowloon Cultural District, banking on the city’s designated role as a cross-border asset and wealth management hub – even as the office rental market remains subdued. Sun Hung Kai Properties is positioning its projects to stand out within its 8 million sq ft portfolio of office and commercial...

6. JPMorgan to expand Asia-Pacific team 10% this year, undeterred by Middle East conflict

   JPMorgan Chase plans to expand its corporate banking team by about 10 per cent across Asia-Pacific this year, as its plans in the region will not be slowed down by uncertainties arising from the US-Israel war on Iran, according to a senior executive. The hiring campaign was part of the lender’s longer-term plan, which aimed to increase its headcount in the region by 40 per cent between 2023 and...

7. Japan woos Indonesia with stealth frigates ahead of Prabowo-Takaichi talks

   Indonesia’s president is heading to Tokyo – and Japan has eight stealth frigates, a mineral deal and a seat at the emperor’s lunch table waiting for him. Prabowo Subianto is due to arrive on March 29 for a three-day state visit, his first trip to Japan since taking office in October 2024. He will hold talks with Japanese Prime Minister Sanae Takaichi and dine with Emperor Naruhito, according to...

8. UK’s Starmer calls emergency meeting on economy as Iran war risks mount

   British Prime Minister Keir Starmer is set to chair an emergency meeting ⁠on the economic fallout from the ⁠war in Iran on Monday, with Finance Minister Rachel ⁠Reeves and Bank of England Governor Andrew Bailey, the government said. Investors are bracing for another stormy week in financial markets after Iran said it would strike the energy and water systems of Gulf neighbours if US President...

9. Hong Kong’s first MRI-guided ultrasound offers relief for Parkinson’s tremors

   Tuen Mun Hospital has, for the first time in Hong Kong, used a non-invasive, MRI-guided ultrasound procedure to treat a Parkinson’s disease patient suffering from uncontrollable tremors, offering an alternative option for those affected by the condition. The hospital said it expected to provide the procedure to 40 patients within two years as part of further research into the new...

10. Potential rate cut pause, geopolitical tensions may cloud Hong Kong property recovery

    Hongkonger Katie Chan was hoping to buy a flat to live in, and although the 37-year-old accountant was in no rush, the potential longer pause in interest rate cuts could delay her decision. For Chan, the ideal mortgage would be if the one-month Hong Kong interbank offered rate (Hibor) fell below 1.95 per cent, but this year the key driver for local mortgage costs and corporate borrowing rates...