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1. Cathay’s European services could offset Middle East losses, experts say

   Hong Kong flag carrier Cathay Pacific Airways’ extended suspension of its Middle Eastern flights is likely to have a limited financial impact on its passenger operations as its expanded European services should help offset losses, aviation experts have said. But they warned of broader effects on its cargo business, given the loss of the Middle East as a historically cost-effective transit route...

2. Rights group exposes North Korea’s forced labour scheme that reaps US$500 million annually

   A state-sponsored forced labour programme which has escalated in recent years has generated up to US$500 million annually for North Korea, according to a report by a global rights group. It also warned that workers are trapped in “brutal” conditions where they are subjected to “control, abuse and coercion”. Containing first-hand testimonies of North Koreans exploited in the programme, the report...

3. Danish PM Mette Frederiksen’s left-wing bloc wins election but falls short of majority

   Denmark’s left-wing bloc headed by Social Democratic Prime Minister Mette Frederiksen won Tuesday’s general election but failed to secure a majority, as the Social Democrats posted their weakest showing in more than 120 years. With all votes counted, the left-wing bloc was credited with 84 seats in the 179-seat parliament and the right with 77. The centrist Moderate party, headed by foreign...

4. Israeli military warns of inbound missiles from Iran, says anti-missile defences active

   Israel’s military warned late on Tuesday that Iran had fired a new salvo of missiles towards the country and that anti-missile defences were active after a day of more than a dozen missile alerts. Following the warning, sirens sounded in Jerusalem and a blast was heard in the city, while a loud explosion was also heard in the skies over the West Bank city of Jericho, Agence France-Presse...

5. US unlikely to convince China to join new nuclear arms control agreement, experts say

   There is little chance the US could bring China to the table on any nuclear arms control agreements in the short term, despite upcoming leaders’ meetings this year, experts said on Tuesday, as the Trump administration pushes for a trilateral deal including China after the previous US-Russia treaty expired last month. There is “no shortage of good ideas” for how the upcoming summit between US...

6. US officials downplay controller ‘distraction’ in New York LaGuardia plane crash

   US officials on Tuesday played down speculation that distracted air traffic controllers might have contributed to a deadly collision between an Air Canada jet and a fire truck at New York’s LaGuardia Airport. Two pilots were killed in the runway crash late on Sunday, which crushed the cockpit of the Bombardier plane and heavily damaged the emergency vehicle. Media reports said investigators were...

7. Meta ordered to pay US$375 million over child exploitation and user safety claims

   A New Mexico jury found on Tuesday that social media conglomerate Meta is harmful to children’s mental health and in violation of state consumer protection law. The landmark decision comes after a nearly seven-week trial. Jurors sided with state prosecutors who argued that Meta – which owns Instagram, Facebook and WhatsApp – prioritised profits over safety. The jury determined Meta violated...

8. Gary Liu and Liu Xiaochun on what role stablecoins could play in China and the US

   Welcome to Open Dialogue, a series from the South China Morning Post where we bring together leading voices to discuss the stories and subjects occupying international headlines. In this edition, we invited a prominent industry player and economist to reflect on the role of stablecoins, cryptocurrencies pegged to fiat currencies or other assets. They discuss the differing approaches of China and...

9. Trump’s China policy lacks strategy and coherence: former Biden officials

   Washington’s China policy lacks strategy, coherence and a clear framework in US President Donald Trump’s second term, mirroring his first, according to a former senior official in the Joe Biden administration. Former Biden officials, speaking at a Carnegie Endowment for International Peace event on Tuesday, said there was little evidence of systemic policy when they assumed power in early 2021,...

10. Conflict in the Middle East is boosting the value of the Arctic windfall

    Gulf exporters are scrambling to bypass the Strait of Hormuz after Iran choked off most of the maritime traffic in one of the world’s most critical energy corridors. Saudi Arabia and the United Arab Emirates rushed to divert exports through overland pipelines; officials warned that even naval escorts could not guarantee safe passage. About a fifth of the world’s oil and liquefied natural gas...