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1. Hong Kong exporter confidence records steepest drop in 2 years

   Confidence among Hong Kong’s exporters fell at its steepest rate in two years amid global trade turbulence even as demand was expected to remain stable over the long term. The Trade Development Council (TDC) on Tuesday said its Exporters Confidence Index for the first quarter of 2026 showed that traders remained “cautious”, though trade diversification strategies have them “well prepared” for...

2. Could the energy crisis prompt US and China to ‘sit down and work together’?

   As the Strait of Hormuz crisis roils world energy markets, China and the US still have strong potential to work together to find solutions, according to a researcher with a Chinese think tank. Wang Lining – who heads the oil market department at the Economics and Technology Research Institute under state-run China National Petroleum Corporation – also said Washington’s change in direction on...

3. Nepal to apologise to ‘untouchable’ Dalits for first time

   As a child, Saraswati Nepali was not allowed to drink from the same water jar as her classmates. When she was thirsty, she had to walk the 20 minutes home and back: the cost of being born a Dalit in a society that deemed her “untouchable”. Now, Nepal’s new government says it is finally ready to acknowledge that injustice. Prime Minister Balendra Shah’s administration announced on Sunday that the...

4. China tests ‘world’s heaviest cargo drone’ suited to high-altitude and island operations

   China has executed the maiden flight of the Changying-8, which it says is the world’s heaviest multi-terrain cargo drone with the potential for military applications. The CY-8, which was developed under defence contractor China North Industries Group Corporation Limited (Norinco), is capable of short take-off and landing as well as operating on high-altitude plateaus and island...

5. No deals on mainland China visit, Taiwan’s Premier Cho Jung-tai warns KMT chairwoman

   Taiwan’s Premier Cho Jung-tai has warned the chairwoman of the main opposition party Kuomintang (KMT) against engaging in talks or agreements involving government authority when she visits mainland China next month. Cheng Li-wun’s coming visit has rattled Taiwan’s ruling Democratic Progressive Party (DPP) and exposed unease even within KMT ranks – highlighting mounting friction over the...

6. 3 Chinese ships exit Strait of Hormuz as PetroChina stresses operations stable

   As global energy supplies are put under strain by Iranian disruption to shipping through the Strait of Hormuz, state-owned Chinese oil giant PetroChina has said its overall operations remain stable because most of its imports do not pass through the strait. However, the company’s investment operations in the Middle East had been “impacted to varying degrees”, as crude oil and natural gas...

7. Shenzhen activates China’s first 10,000-card AI cluster with domestic chips

   China’s southern tech hub Shenzhen began operations of the country’s first 10,000-card intelligent computing cluster, built with advanced chips made by Huawei Technologies, in the latest sign of how the country is deepening its push for home-grown computing capabilities. Featuring a computing capacity of 11,000 petaflops, the new cluster, activated last week, is the country’s first 10,000-card...

8. Zhipu AI revenue jumps 132% in first post-IPO report, missing estimates

   Chinese artificial intelligence company Zhipu AI posted worse-than-expected annual revenue growth in its first earnings report since its initial public offering (IPO) in Hong Kong in January. Revenue rose 131.9 per cent year on year to 724.33 million yuan (US$104.8 million) for the year ended December 2025, the Beijing-based company said on Tuesday, lagging an estimate of 756 million yuan by...

9. Malaysia court orders ex-PM Najib to pay US$1.3 billion to 1MDB unit

   A Malaysian court on Tuesday ⁠ordered jailed former ⁠prime minister Najib Razak ⁠to pay US$1.3 billion to a former unit of scandal-tainted state fund 1MDB, state media reported. The Kuala Lumpur High Court ruled that Najib was liable for losses incurred by ‌SRC International, a former subsidiary of sovereign wealth fund 1Malaysia Development Berhad, state news agency Bernama reported. High Court...

10. Apple’s accidental AI feature roll-out in China risks regulatory backlash, expert says

    Apple’s accidental roll-out on Tuesday of its highly anticipated Apple Intelligence feature in mainland China – which has yet to receive regulatory approval – before swiftly pulling it could raise the ire of regulators and expose the US tech giant to potential penalties, an industry expert warned. The brief release could have violated local rules on artificial intelligence security evaluations,...