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1. EnerVenue plugs into US$300 million to scale next-gen batteries as it eyes Hong Kong hub

   EnerVenue – a rechargeable battery start-up co-founded by Full Vision Capital, the family office of Hong Kong tycoon Peter Lee Ka-kit – has raised US$300 million in its latest round of financing and appointed a new CEO to accelerate the large-scale industrial deployment of its cutting-edge energy storage technology. The California-based company – which also counts government-backed Hong Kong...

2. Hong Kong’s Exco approves plans for elevated mass transit system in Kai Tak

   Hong Kong’s key decision-making body has approved plans for an elevated smart mass transit railway system in Kai Tak that will connect the cruise terminal and other major facilities in the area to the local MTR station. The Executive Council’s endorsement followed meetings by authorities with the project’s critics and consultations with the public and the Legislative Council to address their...

3. Europe urged to ‘learn to fight for itself’ in case US-China truce collapses

   European governments breathed a sigh of relief in October when the US and China sealed a fragile trade truce that paused more sweeping Chinese rare earth restrictions and papered over a Sino-Dutch row over chipmaker Nexperia. Now, however, the European Union is being urged to come up with a battle plan should the ceasefire fail or expire. A spike in superpower tensions could expose the EU to...

4. Fuelling up: the new ‘obsession’ drawing Singaporeans to Malaysia’s Johor

   Singaporeans are not flocking to Malaysia’s Johor just for groceries these days – fuel is the “obsession” for the moment. Petrol prices have spiked sharply in the city state due to the Middle East conflict, with RON95 at almost three times the price in Malaysia at S$3.41 (US$2.64) per litre. Singapore vehicles are only allowed to pump the unsubsidised RON97 fuel in Malaysia, which is being...

5. Japan seeks French backing as Macron begins Asia trip in Iran war’s shadow

   Emmanuel Macron touches down in Tokyo this week with a packed agenda and a receptive audience in a Japanese government anxious about a choked oil route and looking for support amid its diplomatic falling-out with Beijing. The French president’s three-day visit, which begins Tuesday before he heads to South Korea later in the week, comes as Japan looks to Europe for solidarity amid a crisis in...

6. Gulf allies want Trump to prolong US bombardment of Iran, officials say

   Gulf allies of the United States, led by Saudi Arabia and the United Arab Emirates, are urging President Donald Trump to continue prosecuting the war against Iran, arguing that Tehran has not been weakened enough by the month-long US-led bombing campaign, according to US, Gulf and Israeli officials. After private grumbling at the start of the war that they were not given adequate advance notice...

7. China influencer amasses over 1 million followers in 2 weeks by sharing how to rent a home tips

   A Chinese influencer gained more than a million followers in just two weeks by simply teaching people how to rent a home. His efforts earned widespread support and appreciation from Chinese netizens. The influencer, known as Gulumao, was born in the 1990s and is based in Xiamen, Fujian province, southern China. He went viral for offering simple, practical life-skill tutorials, becoming one of...

8. Hong Kong man gets 22 months in jail for pregnant woman’s death in truck accident

   A former Hong Kong truck driver who caused the death of a pregnant woman was sentenced to 22 months in prison on Tuesday, with the judge saying the man had made “continuous” wrong decisions in his driving. District Judge Josiah Lam Wai-kuen also pushed back on the defence’s mitigation argument that the accident had occurred because of a momentary lapse of judgment. “He had acted out of...

9. US may reassess Nato ties after Iran war ends, Rubio says

   Secretary of State Marco Rubio said the US may need to reassess its relationship with Nato after the Iran war is finished, calling the military alliance’s alleged lack of support during the Middle East conflict “very disappointing”. Rubio assailed Nato members for denying access to military bases, following prior criticism from US President Donald Trump that partners in the security bloc are...

10. Bin bag panic grips South Korea as huge Iran war crisis budget agreed

    In Seoul last week, South Koreans were stripping shop shelves of plastic bin bags. Not food, not medicine. Bin bags. Nearly 2.7 million of the city’s mandatory “pay-as-you-throw” bags were sold each day, almost five times the normal volume, as residents scrambled to stockpile what they feared might soon become scarce. City by-laws mandate that the prepaid bags – made from naphtha, a petroleum...