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1. Indonesia loses Southeast Asia’s largest stock market crown to Singapore

   Indonesia continues to notch one grim milestone after another. The latest: losing its status as Southeast Asia’s largest stock market to Singapore. The total market capitalisation of Indonesian-listed companies has fallen well over 30 per cent from a peak in January to US$618 billion, while Singapore’s has climbed to US$645 billion, according to data compiled by Bloomberg. Investor sentiment in...

2. Japan plans island drone deployment to monitor Chinese naval activity

   Japan’s planned deployment of long-range surveillance drones on remote Pacific islands would mark a significant expansion of its ability to monitor Chinese naval activity, as Beijing’s warships operate more frequently beyond the first island chain. The drones are to be stationed on Iwo Jima and Chichijima Island in the Ogasawara chain south of Tokyo, according to a report by the Yomiuri...

3. China’s rise will turn Thucydides Trap on its head

   The end of the Cold War was supposed to deliver a long peace. For a while, that was working, until it wasn’t. We might now be entering another period when the breakdown of a world order leads to war. It was no accident that President Xi Jinping cited the “Thucydides Trap” during his summit in Beijing with his US counterpart Donald Trump, putting it forward as something for both superpowers to...

4. Japan zoo may ban photos near viral monkey Punch after intrusion by 2 Americans

   The zoo housing the viral Japanese macaque Punch said on Tuesday it is considering a complete ban on photography and filming around the monkey enclosure after two men were recently arrested over an intrusion incident. The Ichikawa City Zoo in Chiba prefecture has already expanded the buffer zone around the enclosure and installed anti-intrusion netting following Sunday’s incident involving two...

5. Red carpet for Putin: why China-Russia ties outpace Beijing’s engagement with Washington

   China has rolled out the red carpet for Russian President Vladimir Putin for his 25th visit to the country, underscoring a frequency of head-of-state diplomacy that far outpaces Beijing’s engagement with Washington. Putin arrived in Beijing on Tuesday night for a two-day state visit, less than a week after US President Donald Trump wrapped up his own closely watched trip to China. This marks the...

6. Chinese man who lost a leg and an arm inspires many by competing in bodybuilding

   A man in China with only one arm and one leg who took part in a bodybuilding competition, attracting thunderous applause at site and massive admiration on social media. The muscular Liu Xinju, 32, joined The 20th Bodybuilding Competition in Jinan, the capital city of eastern Shandong province, which was held on May 10. Videos of his performance on stage went viral on mainland social media. Many...

7. Trump critic Massie defeated in record-breaking US primary

   US President Donald Trump scored another victory in his campaign to punish disloyal Republicans on Tuesday as congressman Thomas Massie of Kentucky lost his primary race, underscoring ‌the risks for lawmakers who defy Trump. Massie, who angered Trump by leading a push to release Justice Department files tied to the late sex offender Jeffrey Epstein, was defeated by Ed Gallrein, a former US Navy...

8. Kazakhstan to deepen financial services cooperation with Hong Kong, consul says

   Kazakhstan aims to deepen its financial services cooperation with Hong Kong, viewing it as an ideal fundraising hub to access renminbi capital through bond issuances, according to the country’s top envoy in the city. In an exclusive interview with the South China Morning Post, Bauyrzhan Dosmanbetov, Kazakhstan’s consul general in Hong Kong, also said the Central Asian country’s community in the...

9. Aluminium supply crunch threatens Asia’s clean energy push amid Iran war

   Asia’s clean energy push is facing heightened supply-chain risk as the Middle East conflict disrupts aluminium and nickel production and could raise costs for solar panels, wind turbines and grid upgrades. Countries such as Indonesia, Vietnam and the Philippines have installed more rooftop solar panels and other green infrastructure in recent years, driven by high power bills caused by elevated...

10. Israel intercepts Gaza aid flotilla, denies using live ammunition

    Israeli forces opened fire on at least two vessels in an aid flotilla sailing towards Gaza on Tuesday, according to video footage and flotilla organisers, but Israel said no live ammunition was used ‌and there were no casualties. The flotilla was making a renewed attempt to deliver aid to Gaza after earlier missions were intercepted by Israel in international waters. Video from the flotilla’s...