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1. US lawmakers press for new tactics to challenge China’s grip on rare earths

   US lawmakers on Wednesday called for a change in Washington’s strategy to evade China’s chokehold on rare earth mineral supplies, arguing that new approaches are needed in parallel with President Donald Trump’s efforts to speed up domestic production. Proposals to dismantle the chokepoint – including new technologies and development of components that do not require the critical minerals as...

2. ‘Don’t trust the pension system’: why young South Koreans back later retirement

   Kim Sung-ho, 38, an office worker, said he is increasingly open to the idea of raising the retirement age in South Korea. “A few years ago, I opposed extending the retirement age,” he said. “But now, living costs and housing prices are getting higher. I worry more about my own future. I think I will need a stable source of income until I get older. Extending retirement age isn’t about the older...

3. China’s soybean revolution: how it reshaped trade and tested food security

   Soybeans are more than just a crop – they have become a litmus test of Beijing’s evolving food security strategy and sit at the heart of the US-China trade war. As a crucial source of animal feed and cooking oil, soybeans have remained a flashpoint throughout the ebbs and flows of the two nations’ trade disputes, from the tariff war during US President Donald Trump’s first term to the current...

4. US judge questions validity of indictment against FBI ex-chief Comey

   A US judge on Wednesday repeatedly questioned the validity of the grand jury indictment of former FBI director James Comey secured by a prosecutor closely aligned with US President Donald Trump in the latest signal that the charges may be dismissed before trial. After repeated questioning by US District Judge Michael Nachmanoff, prosecutors acknowledged that the final version of the indictment...

5. TD Bank sued by Chinese staff in US who say they were fired based on ethnicity

   Toronto-Dominion Bank was sued by a group of former employees who claim they were improperly fired from their jobs amid disclosure of widespread criminal money laundering through bank branches. Five Chinese and Chinese-American former employees sued Toronto-Dominion claiming they were dismissed from branches in New York as part of the bank’s effort to crack down on money laundering. At least 22...

6. Bondi says she’ll release of Epstein files within 30 days

   The US Justice Department will release files from its investigation into the late sex offender Jeffrey Epstein within 30 days, Attorney General Pam Bondi said on Wednesday, after Congress voted nearly unanimously to force President Donald Trump’s administration to make them public. The material could shed more light on the activities of Epstein, who socialised with Trump and other notable...

7. UK takes aim at scalpers with ban on resale of tickets for profit

   Britain said on Wednesday that it would ban the resale of tickets to concerts, sport and other live events for profit, disrupting ticket touts and the platforms that benefit from their activities. Culture Secretary Lisa Nandy said touts were ripping off fans by using bots to snap up batches of tickets for coveted shows and reselling them at sky-high prices. “Our new proposals will shut down the...

8. Harvard reopens probe into Larry Summers after release of Epstein emails

   Harvard University has reopened an investigation into connections between former President Larry Summers and Jeffrey Epstein, a university spokesman said on Wednesday, and Summers’ office said he would resign from the board of OpenAI, the maker of ChatGPT. The university did not mention Summers by name, but the decision to restart the probe follows the release of emails showing that Summers, a...

9. Top Democrat demands US probe into Chinese firms potentially supplying Nexperia

   A senior US Democrat is urging the Commerce Department to investigate four Chinese semiconductor firms potentially tied to Dutch chipmaker Nexperia, warning they could threaten the safety and reliability of components used in cars across the US and its allies. The request marks the latest twist in the turmoil surrounding the Chinese-owned firm, which has become a flashpoint in broader disputes...

10. South Korean ferry runs aground, sparking Sewol ferry disaster memories

    All 267 people on board a South Korean passenger ferry that ran aground off the southwestern tip of the Korean peninsula on Wednesday were rescued, in an incident that revived memories of the major ferry disaster in 2014 in which 300 people died. Passengers and crew were taken from the stricken vessel, the coastguard said in a statement, and 27 sustained minor injuries. Most will be transported...