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1. US fintech firm iCapital doubles prime office space in Hong Kong amid wealth boom

   Fintech company iCapital has more than doubled its office footprint in Hong Kong, leasing a 9,000 sq ft space in One International Finance Centre in the city’s Central business district as it staffs up to capture rising demand for wealth-management services in Asia. The US company, which opened its office in Hong Kong five years ago, is preparing for its next stage of growth, said Tuan Lam, head...

2. Japan’s looming typhoon crisis threatens disaster defences and tourism

   Japan could be heading into one of the worst typhoon seasons in its history, raising fears that stronger, more frequent storms will challenge not only the country’s disaster defences but also a summer travel industry already stretched by packed trains, hotels and itineraries. Tokyo-based Weathernews, a private meteorological firm providing long-range forecasts across Asia, has predicted that as...

3. China to bust Yangtze River chokepoint with US$11 billion ‘water staircase’ project

   Eyeing massive new shipping facilities near the Three Gorges dam, China has formally begun construction on an ambitious project to enable the passage of larger vessels and streamline logistics along the nation’s most critical waterway. The centrepiece of the planned 77.2 billion yuan (US$11.4 billion) infrastructure buildout, which looks to span nearly a decade, is a series of mega ship locks –...

4. US trade court to Trump administration: speed up tariff refunds

   The US Court of International Trade is pressing the Trump administration to speed up tariff refunds of billions of dollars to thousands of importers, following a partial roll-out after the US Supreme Court struck down its global tariffs in February. “The time has come to refund all the duties,” said Judge Richard Eaton on Tuesday, adding that the delay is leading to a “growing inequity” between...

5. Scientists find woolly mammoth DNA while digging through squirrel faeces

   A huge treasure trove of ancient DNA from animals including extinct woolly mammoths has been discovered in frozen squirrel faeces in Canada’s remote Yukon territory, scientists said on Tuesday. The DNA found deep inside sealed-off burrows is between 3,000 and 700,000 years old, offering a rare window into how life has changed over the millennia. As well as DNA from woolly mammoths – which the US...

6. US expects to finish Trump’s Mexico border wall by next year

   The US expects to complete President Donald Trump’s long-promised southern border wall by late 2027, Customs and Border Protection (CBP) Commissioner Rodney Scott said Tuesday. The barrier along the US-Mexico border is made of reinforced metal beams and is intended to run from San Diego to the Gulf of Mexico, except in selected areas “where we’ve made a conscious decision that we don’t need it”,...

7. What a US lawyer’s diaries show about prosecuting Japanese atrocities of Nanking massacre

   A US prosecutor’s newly revealed diaries from World War II have laid bare the gruelling effort to document Japanese wartime atrocities in China and the unlikely bond forged between him and the people he helped. The diaries belonged to David Nelson Sutton, an American assistant prosecutor at the Tokyo Trial, or the International Military Tribunal for the Far East – a landmark international...

8. Forget Weimar, it’s Japan’s Taisho period we need to talk about

   People always talk knowingly about Weimar, a period of extremes: artistic and social-sexual decadence, democratic liberalism and the radicalisation of the left and the right, before Germany’s descent into Hitlerian hell. The city as a symbol, close to the site of the former Buchenwald concentration camp, is back in the news, well, at least the op-ed pages of the Western press. That’s rarely a...

9. Trump urged to press Xi on Chinese money laundering tied to Mexican fentanyl cartels

   Chinese money laundering networks were accused of being “financial fuel” for the Mexican cartels at a congressional hearing on Tuesday, where witnesses urged US President Donald Trump to prioritise the issue at his next face-to-face meeting with Chinese counterpart Xi Jinping. “I want to be very clear, Chinese money laundering networks have become the financial fuel for cartels to poison...

10. Anthropic opens powerful Mythos AI model to public – with some safeguards

    Anthropic is rolling out ⁠a public version of ⁠its Mythos AI model, but ⁠with guard rails barring its use in risky areas such as cybersecurity, after a preview earlier this year sent shock waves globally with its ability to find software flaws. The new Claude Fable 5 is the most powerful model ‌Anthropic has ever made for wider use, the start-up said on Tuesday, touting its performance in...