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1. Singapore to launch national space agency to capture piece of US$1.8 trillion global market

   Singapore is set to establish a national space agency in April, a move that industry insiders believe will cement the city state’s role as a pre-eminent regional hub for extraterrestrial innovation. The launch of the National Space Agency of Singapore (NSAS) aims to capture a slice of a global space economy projected to reach US$1.8 trillion by 2035, while capitalising on increasingly...

2. China moves to boost cybercrime penalties by adding exit ban after sentences

   China is looking to escalate measures against cybercriminals operating inside and outside its borders by banning convicted citizens from leaving the country, even after they have completed their sentence. The draft Cybercrime Prevention and Control Law bill comes as China doubles down on working with Southeast Asian countries to crack down on cross-border online fraud. The bill, which aims to...

3. KMT stresses ‘family’ ties with mainland China as vice-chair begins Beijing visit

   Taiwan’s main opposition party reaffirmed its view of mainland China as “family” as the vice-chair of the Kuomintang (KMT) left for talks with counterparts in Beijing on Monday. The trip by KMT vice-chairman Hsiao Hsu-tsen has drawn fierce criticism from Taiwan’s ruling Democratic Progressive Party (DPP) and reignited debate over the island’s cross-strait strategy. Leading a 40-member delegation...

4. India eyes ‘global manufacturing powerhouse’ status with budget boost

   India’s newly unveiled budget signals a bid to cement its status as a global manufacturing powerhouse through a raft of policy measures, but analysts say the US$630 billion allocation will still require supplement as the country seeks new markets to diversify its trade. The measures, rolled out in Finance Minister Nirmala Sitharaman’s budget speech on Sunday, are seen to have addressed two...

5. ‘America First’ Fed? Chinese economists doubt Trump’s chair nominee can shore up US dollar

   US President Donald Trump’s nomination of Kevin Warsh to head the Federal Reserve is unlikely to support a sustained rebound in the US dollar despite the possibility of short-term relief, Chinese economists said. Persistent doubts about the Fed’s autonomy during Trump’s second term could cap any durable recovery, as policy appeared increasingly geared towards domestic goals at the expense of the...

6. When a robot topples: China’s Xpeng deals with fallout from humanoid’s public plunge

   Chinese electric vehicle (EV) maker Xpeng Motors showcased its humanoid robot in front of hundreds of onlookers at a mall in the southern metropolis of Shenzhen over the weekend, but a backwards flop became headlines, reflecting the bumpy journey ahead for such machines. After completing a smooth catwalk to the centre of the audience on Saturday, Iron, the 178cm robot said to walk with humanlike...

7. Hong Kong police arrest hundreds in HK$620 million fraud, money laundering crackdown

   Hong Kong police have arrested more than 680 people in a series of recent operations targeting deception and money laundering, with suspected criminal proceeds reaching HK$620 million. In one operation, officers from the cybersecurity and technology crime bureau focused on combating the misuse of bank accounts. Between February and September last year, police received reports from 51 victims of...

8. Australian woman dies after getting caught in Japan ski lift

   An Australian woman died after her backpack caught on a ski lift on a Japanese mountain and she became suspended mid-air, police said on Monday. The 22-year-old woman was preparing to get off the lift on Friday morning at Tsugaike Mountain Resort in Hakuba Valley, a popular ski destination in the central region of Nagano. But a loose buckle from her backpack became caught in the lift chair,...

9. China couple abandon their young children at hotel after dispute, spark heated debate

   A Chinese couple who left their young children at a hotel following a fight have ignited a heated discussion over how to punish irresponsible parents. The Beijing Chaoyang district police posted on January 22 that they received a phone call from a man who claimed to have been looking after his friends’ two children at a hotel. The children, a seven-year-old boy and a five-year-old girl, had been...

10. Gaza’s Rafah crossing sees ‘limited’ reopening Israel-Hamas ceasefire, but challenges remain

    Gaza’s Rafah border crossing with Egypt reopened on Monday for limited traffic, a key step in the Israeli-Hamas ceasefire but a mostly symbolic development on the ground as few people will be allowed to travel in either direction and no goods will be going into the war-torn territory. Within the first hour of the opening, no one was actually seen crossing in or out of Gaza. An Egyptian official...