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1. Hong Kong, Malaysia stock exchanges to team up on ETFs, listings, Islamic finance

   The bourse operators of Hong Kong and Malaysia are exploring a range of collaborations, from dual listings and exchange-traded funds (ETFs) to Islamic finance, to forge closer ties between the city and the Southeast Asian country. Hong Kong Exchanges and Clearing (HKEX) CEO Bonnie Chan Yiting and Boursa Malaysia CEO Dato Fad’l Mohamed unveiled their joint development plans in a media briefing in...

2. UN alarmed by Singapore executions for drug-related offences

   The United Nations voiced alarm on Wednesday at the number of people being executed in Singapore for drug-related offences, saying it was incompatible with human dignity. UN rights chief Volker Turk said there had been a general shift away from the use of capital punishment in Asia, and Singapore was one of only a few countries imposing the death penalty for drug-related crimes not involving...

3. Does William Lai’s cancelled eSwatini trip show Beijing’s reach in Africa?

   Beijing has praised the decision by three African countries to deny overflight clearance for Taiwanese leader William Lai Ching-te, whose trip to eSwatini was cancelled a day before his scheduled departure. Lai had been due to leave on Wednesday for a five-day trip to eSwatini, the only African country that maintains diplomatic ties with Taiwan, to attend celebrations marking the 40th...

4. China to fuse software and steel with US$14tr sector to fix weak links in world’s factory

   China is embarking on a sweeping overhaul of its industrial architecture, aiming to fuse software and steel as part of a 100-trillion-yuan (US$14.7 trillion) undertaking to modernise its service sector while pushing manufacturing into the future. The State Council’s blueprint, unveiled on Tuesday, said the valuation target for the service sector was achievable by 2030 as advanced manufacturing...

5. 611 elderly Hongkongers default on student loans, owe HK$17,400 each on average

   More than 600 defaulters aged 60 and above have failed to repay their student loans under five government financial assistance schemes designed to fund their tertiary and post-secondary studies, with the average amount owed standing at HK$17,400 (US$2,220). In a reply to questions from lawmakers on Wednesday, the Education Bureau said it had recorded 9,838 default cases, involving 8,494 people,...

6. Searchers find body of 1 of 6 missing crew members after super typhoon overturns ship

   Authorities have found the body of one of the six missing crew members from a cargo ship that overturned near the Northern Mariana Islands during a typhoon. US Air Force divers “used an underwater remotely operated drone to search the interior of the vessel” and recovered the body on Tuesday, the US Coast Guard said in a news release. Additional divers from the Japan Coast Guard further examined...

7. Iran fires on 3 ships in Strait of Hormuz after Trump extends ceasefire

   Iran fired on three ships in the Strait of Hormuz on Wednesday, underscoring the ongoing threat to global energy supplies and complicating efforts to bring the United States and Iran together for talks to end the war. The attacks, which Iranian media said were carried out by Iran’s paramilitary Revolutionary Guard, came after US President Donald Trump said the US would indefinitely extend the...

8. The Devil Wears Prada 2 criticised for offending China with nerdy ‘Chin Chou’ character

   The Hollywood film The Devil Wears Prada 2 is facing accusations of racism in China after it released a clip that shows a nerdy Asian character with a name that allegedly sounds similar to the derogatory “Ching Chong”. In the clip posted by a Chinese influencer, an Asian assistant character introduces herself as “Jin Chao”, which many online observers believed to sound like “Ching Chong”, a...

9. Confusion over government agencies’ roles in fire oversight, Tai Po probe reveals

   A public inquiry into Hong Kong’s deadliest fire in decades has shed light on government departments’ confusion over their roles in supervising large-scale renovation projects, with a fire service official insisting his department was not responsible for handling complaints about flammable building materials because it lacked expertise in construction. Michael Yung Kam-hung, an assistant...

10. French activists sue ‘deceptive’ laughing gas suppliers

    A French campaign group said on Wednesday it has sued companies selling nitrous oxide – also known as laughing gas – using what the activists alleged was “deceptive” marketing targeting young people, despite the health impacts. The Antoine Alleno Association – a road safety group headed by Michelin-starred chef Yannick Alleno, whose son was killed in 2022 by a speeding driver – said it had filed...