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1. Trump’s energy war over Iran is failing just like his China trade war

   US President Donald Trump has initiated an international trade war in which American consumers and businesses are bearing most of the immediate costs, and now he has started a war on global energy where people worldwide are paying the price. While Iran is no match for US military might, Tehran has turned its control of the Strait of Hormuz – through which 20 per cent of the world’s crude oil...

2. Denmark votes in election shadowed by Trump’s Greenland ambitions

   Danes were voting ⁠on Tuesday in an election that may hand Prime Minister Mette Frederiksen a third term thanks to her staunch line against US President Donald Trump over Greenland even though cost-of-living worries have hurt her leftist credentials. Opinion polls show her Social Democrats are headed for their weakest result since before World War II: many Danes blame Frederiksen for not doing...

3. Cathay Pacific extends suspension of flights between Hong Kong, Middle East to end of May

   Hong Kong flag carrier Cathay Pacific Airways has further extended its suspension of all flights to and from the Middle East until the end of May, amid a regional conflict that shows little sign of abating. But the airline will increase flights to Europe starting next month to cater to surging demand. In an announcement on Tuesday, Cathay said flights between Hong Kong and Dubai in the United...

4. Singapore says involvement in Israeli military-linked groups ‘not acceptable’

   Singapore authorities warned on Tuesday that involvement in organisations linked to the Israeli military, such as Sar-El, would not be acceptable under current conditions and could attract action under the law. In a joint media release, the Ministry of Home Affairs (MHA) and Ministry of Defence (Mindef) noted that Sar-El’s website states that it is “deeply committed to supporting the IDF...

5. Japanese ‘military officer’ forces way into Chinese embassy in Tokyo

   A Japanese person who claimed to be an active officer of Japan’s Self-Defence Forces illegally and forcibly entered the Chinese embassy in Tokyo, Beijing said. “China is deeply shocked by this incident and has lodged a strong protest with Japan,” Beijing’s Ministry of Foreign Affairs said on Tuesday. The person admitted to the illegality of their actions and threatened to kill Chinese diplomatic...

6. Rights to antibody drug from China’s Keymed change hands in Gilead acquisition of Ouro

   US biopharmaceutical company Gilead Sciences agreed to buy Ouro Medicines, which is developing an antibody-based medicine for autoimmune diseases licensed from China’s Keymed Biosciences, in a deal worth up to US$2.18 billion. Gilead Sciences is among a group of global drug makers facing patent expirations and turning to mergers, acquisitions and licensing deals to refill their drug...

7. Xi Jinping pushes Xiongan to embrace science and technology to build ‘city of the future’

   In a trip to Xiongan New Area, Chinese President Xi Jinping has called for the area to be transformed into an innovation hub to spark high-quality development in a project intended to take pressure off China’s capital, Beijing. It was the president’s first inspection tour to the “city of the future” after the country’s “two sessions” annual parliamentary meetings and the launch of China’s 15th...

8. HKIC, Gobi Partners and HKU team up for fund backing university research start-ups

   Hong Kong Investment Corporation (HKIC), the government’s investment arm, has teamed up with venture capital firm Gobi Partners and the University of Hong Kong (HKU) to launch a fund on Tuesday to invest in technology start-ups spun off from the university’s research breakthroughs, according to an HKIC statement. Gobi-HKU Fund I made two investments at its launch: Manifold Tech, which develops...

9. Iran targets Israel and Gulf states after denying Trump claim of talks

   A missile slammed into a street in central Tel Aviv as Iran kept up its barrages targeting Israel and Gulf Arab states on Tuesday, even as US President Donald Trump said the United States was in talks with the Islamic Republic to end the war. Trump also delayed a deadline for Iran to open the strategic Strait of Hormuz for shipping or see its power stations targeted by air strikes, briefly...

10. North Korea’s Kim slams US ‘state terror’ but spares Trump in third-term address

    He accused the United States of “state terror”. He vowed North Korea would never surrender its nuclear weapons. And yet Kim Jong-un’s address to the Supreme People’s Assembly contained one notable omission: any direct attack on Donald Trump. That absence was an attempt to leave the door to diplomacy ajar, analysts said, even as North Korea’s supreme leader slammed it shut on the notion that his...