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1. US-Iran peace optimism fuels Asian stock market gains

   US President Donald Trump said conflict in the Middle East would be “over quickly”, as Iran considered a peace proposal that could lead to the reopening of the vital Strait of Hormuz. “We’ve had very good talks over the last 24 hours, and it’s very possible that we’ll make a deal,” Trump told reporters in the Oval Office on Wednesday, according to Reuters. The president has repeatedly played up...

2. Hong Kong recalls Zwilling electric kettle over handle defect and scalding risk

   Hong Kong authorities have urged the public to stop using a certain model of Zwilling electric kettle over concerns that the handle may detach, posing a risk of scalding. The Electrical and Mechanical Services Department on Thursday issued a safety recall for the kettle (model 53005). Consumers should contact the supplier, Cheong Hing (1917) Company Limited, at 2687 5879 to arrange a refund. The...

3. Police investigate alleged indecent assault of boy, 4, at international school

   Hong Kong police are investigating an allegation that a four-year-old boy was indecently assaulted at an international school in Stanley, with the institution saying its security footage showed “no evidence of any wrongdoing” on the day of the suspected incident. A source said on Wednesday that the International Montessori School kindergarten pupil complained to his family that his buttocks were...

4. TikTok makes record US$25b investment to expand digital infrastructure in Thailand

   TikTok is investing US$25 billion in data infrastructure projects in Thailand, the company’s biggest investment announced to date in Southeast Asia, as China’s technology giants continue expanding their footprint in the region. The investment would be used to install additional servers and expand data storage and processing infrastructure across Bangkok, Samut Prakan and Chachoengsao provinces...

5. Australia’s interest rate rise signals growing hawkish stance in Asia

   For an indication of how much the energy crisis is shaping the path of monetary policy, look no further than Australia. On May 5, the country’s central bank raised interest rates for the third consecutive time, unwinding last year’s monetary easing. The Reserve Bank of Australia (RBA) said “higher fuel prices are adding to inflation and there are indications that this is likely to have...

6. Taiwan firm with mainland branches fires nephew of Taipei minister invoking ire in Beijing

   A Taiwanese company with mainland subsidiaries has fired the nephew of Taiwan’s interior minister, whom Beijing deems responsible for Taipei’s hostile policies towards the mainland. The mainland subsidiary of Taiwan’s Long Time Technology Co. Ltd in Shanggao county, Jiangxi province, issued a statement on Wednesday night saying Yen Wen-chun, the nephew of Liu Shyh-fang, was dismissed from all...

7. The Weeknd to return to Hong Kong after 8 years with Kai Tak show in October

   Canadian singer-songwriter The Weeknd will perform in Hong Kong for the first time in eight years as part of the final leg of his “After Hours Til Dawn Tour”, with sources telling the South China Morning Post that the concert is set to take place at Kai Tak Sports Park in October. Live Nation on Wednesday posted a cryptic teaser video across several regional social media accounts, including...

8. Australian lawyer fined for fleeing Hong Kong restaurant, massage parlour without paying

   A Hong Kong court has fined an Australian lawyer HK$3,000 (US$383) after he admitted to fleeing a restaurant and a massage parlour without paying bills totalling about HK$1,200. Samuel Anthony Monkivitch, 50, pleaded guilty at Eastern Court on Thursday to three charges, including two counts of making off without payment. In the first case, he failed to pay for a HK$639 meal at a Times Square...

9. Myanmar’s military rulers hire Trump ally for US$50,000 a month to lobby Washington

   Myanmar’s appointment of a close confidant of US President Donald Trump to rebuild ties with Washington could offer the regime a sliver of hope to rebrand itself, even as a breakthrough on major issues, such as American investment in the country’s critical minerals sector, is likely to be limited. Naypyidaw’s Ministry of Information has hired veteran American political lobbyist Roger Stone to...

10. South Korea rejects Trump’s claim that ship was hit because it ‘decided to go it alone’

    South Korea’s Ministry of Foreign Affairs on Thursday rebutted US President Donald Trump’s assertion that a South Korean-operated vessel was attacked as it was acting on its own without US protection in the Strait of Hormuz – a focal point of the ongoing Iran war. “For several days before the fire broke out, the ship had been anchored in the relevant waters near the United Arab Emirates on the...