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1. Hong Kong budget 2026-27: minister defends cuts to kindergarten subsidy

   Hong Kong authorities have defended a controversial subsidy cut for the kindergarten sector for the coming financial year, saying the low birth rate and resultant shrinking pupil population have prompted a reassessment of education policy priorities. Secretary for Education Christine Choi Yuk-lin said on Friday that the government would channel more resources towards promoting “high-quality...

2. Global debt soars by US$29 trillion as US, China drive rapid build-up: report

   Global debt climbed to a record high in 2025, rising at the fastest pace since the pandemic, with China and the United States accounting for a large share of the increase, according to a new report. Total global debt surged to US$348 trillion last year, with nearly US$29 trillion of new debt added over the year, the Institute of International Finance (IIF) said. Government borrowing accounted...

3. Is this maritime court case a model of China’s anti-sanctions law in action?

   China’s top court has hailed a mediated resolution to an international shipbuilding dispute as a landmark example of the country’s anti-sanctions law working to protect domestic industry. In a social media post on Friday, the Supreme People’s Court said the case was a milestone in China’s legal response to foreign “bullying” and “long-arm jurisdiction”. “Its ruling’s principles demonstrate...

4. Malaysia considers high-powered commission to probe anti-corruption agency allegations

   Malaysia’s government said on Friday it would consider calls for a royal commission to investigate alleged abuses of power within the country’s anti-corruption agency, as pressure grew for the immediate removal of its chief commissioner. Prime Minister Anwar Ibrahim has faced growing pressure from critics and allies alike since news reports earlier this month alleged that Malaysian...

5. China seeks to mediate after Pakistan declares ‘open war’ on Afghanistan

   China has stepped in to mediate between Pakistan and Afghanistan following an escalation of their conflict, urging both sides to end the fighting and settle their disputes through dialogue. This comes after Pakistan bombed major cities in Afghanistan on Friday, including the capital Kabul, and declared “open war” with its neighbour after months of deadly clashes. Chinese Ministry of Foreign...

6. 3 injured in Hong Kong after wild boar wanders into residential area

   Three people suffered leg injuries after a wild boar was found roaming inside an MTR station and at a residential estate in Hong Kong on Friday. Police said they received multiple reports of sightings of the wild boar at Wu Kai Sha station and the Lake Silver housing complex at 5.08pm. The force said two men and one woman aged 45 to 87 suffered leg injuries, but it was unclear whether the boar...

7. Retiree jailed for 8 months over seditious online posts against Hong Kong government

   A Hong Kong court has jailed a retiree for eight months for posting speeches on his social media account in which he seditiously criticised authorities and called on voters to boycott last year’s Legislative Council election. Lam Ming-chung, 68, on Friday admitted to posting seditious content on his Facebook account between September 2024 and November last year, in violation of the domestic...

8. As the yuan sizzles, China’s central bank deploys double-barrelled policy tweak

   With China’s currency having steadily strengthened in recent months, the central bank has rolled out a pair of measures to lower foreign exchange hedging costs and support cross-border yuan financing. In a notice on Thursday, the People’s Bank of China refined the framework for domestic banks to conduct cross-border yuan interbank financing, explicitly endorsing their role in providing stable...

9. Why Beijing’s US$4.5 billion Niger-Benin oil pipeline is being attacked by rebels

   China has placed its nationals on high alert following a series of rebel attacks targeting the US$4.5 billion Niger-Benin oil pipeline and an Islamic State raid on the Nigerien capital’s international airport on January 29. On Monday, the Chinese embassy in Niamey urged citizens to avoid high-risk areas and instructed firms to implement emergency response plans as insurgent groups increasingly...

10. Vance dismisses prolonged Mideast war fears as US-Iran tensions rage

    US Vice-President J.D. Vance has said he does not believe potential military action against Iran would drag the country into a years-long war in the Middle East, according to an interview with The Washington Post published on Thursday. Vance said he did not know how US President Donald Trump would decide on the Iran issue. Options, he said, range from military strikes “to ensure Iran isn’t going...