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1. Chinese firms in Hungary face a post-election reckoning – no matter who wins

   Travellers stepping out of the railway station at Hungary’s second-biggest city, Debrecen, are immediately greeted by a banner hanging over the street that reads “No battery, no deal”, “Debrecen belongs to Hungarians” and “Chinese, go home”. Targeting a mega-factory set up by Chinese battery giant Contemporary Amperex Technology Ltd (CATL), it also calls for a protest on Saturday, on the eve of...

2. Hong Kong animal groups urge HKTVmall boycott over life science experiments

   An international animal rights group and a veterinary organisation have called for a public boycott of Hong Kong’s major online retailer, HKTVmall, after its parent company revealed a life science project testing the viability of detached animal heads and limbs. The two groups staged an hour-long protest on Friday outside the HKTVmall building in Tseung Kwan O, also demanding that the company...

3. Fear, anxiety grip Iranians ahead of US talks: ‘I’m scared of war starting again’

   Everyday Iranians are awaiting planned negotiations between Washington and Tehran with a mixture of scepticism and outright fear, caught between a government they say does not understand peace and an American president who has threatened to destroy “a whole civilisation”. Talks between the United States and Iran and hosted by Pakistan were hanging in the balance on Friday, but if they go ahead...

4. US-Iran talks leave Gulf states on edge about the price of peace

   The Gulf’s six Arab monarchies, battered by Iranian drones and missiles because of a war they never wanted, are watching with trepidation to see what Pakistan-hosted US-Iran negotiations will yield for their collective future. After China and Russia vetoed the Gulf Cooperation Council’s bid to attain UN Security Council approval for “defensive” measures to force open the Strait of Hormuz earlier...

5. Move over, Hercules: China’s new Y-30 aims to outmuscle America’s best transport aircraft

   China’s new-generation medium-lift transport aircraft will surpass America’s best counterpart, the C-130J “Super Hercules”, in most performance metrics, according to a Chinese military magazine. The four-engine turboprop aircraft, frequently referred to as the Y-30 or Y-15, conducted its maiden test flight in December last year. It is developed by Shaanxi Aircraft Industry Corporation, a...

6. Foreigners flock to China spas to enjoy unique cultural baths amid rise of wellness tourism

   Foreign visitors have been flocking to spa centres in China to try a unique cultural experience at an affordable price. Many foreigners have been amazed by the bathhouses in the country because they operate on a 24-hour basis. Not only can people take a bath at hot springs, but they can also enjoy everything from fruit, drinks, ice cream and a buffet, to singing Karaoke, playing with game...

7. Hong Kong bookstore owner fined HK$32,000 for using shop as unregistered school

   A Hong Kong independent bookstore owner has been fined HK$32,000 (US$4,085) for holding a Spanish class in his shop after a court ruled the course took place at an unregistered school. Pong Yat-ming, 52, was convicted on Friday of violating the Education Ordinance by organising a Spanish course in April last year at Book Punch, a bookstore he founded in Sham Shui Po in 2020. Kowloon City Court...

8. Gaza marks 6 months of ceasefire. Does it offer lessons for the Iran war?

   Friday marks six months since Gaza’s ceasefire deal took effect, a milestone largely lost in the confusion over the new and even more fragile ceasefire in the Iran war. The ravaged Palestinian territory of 2 million people has seen the most intense fighting stop between Israeli forces and Hamas-led militants. But most of the ceasefire work remains to be done, from disarming Hamas and ending its...

9. Hong Kong awards stablecoin licences to HSBC, StanChart-led group in long-awaited roll-out

   HSBC and a joint venture led by Standard Chartered have been awarded Hong Kong’s first stablecoin issuer licences, marking the city’s latest step towards embracing cryptocurrency’s most-traded cash substitute in its bid to become a global digital asset hub. Eight months after Hong Kong’s Stablecoin Ordinance, one of the world’s first such laws, took effect, HSBC and Anchorpoint Financial, the...

10. Xi holds landmark Taiwan meeting, Iran war ceasefire, GDP update

    Chinese President Xi Jinping said he was “fully confident” of closer ties with Taiwan as he met a leader of the island’s opposition Kuomintang (KMT) party for the first time in almost a decade. “The historical trend that compatriots of both sides of the strait will get closer and get together will not change,” Xi said at the start of his discussion with Cheng Li-wun. “This is a certainty of...