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1. In wake of Iran war, Chinese manufacturers recalibrate overseas expansion plans

   With domestic profits narrowing and production capacity expanding, China’s firms are continuing to widen their overseas footprints in search of new, more lucrative markets. In this series, we examine China Inc.’s next phase of “going global” and the complex, challenging international environment its companies have chosen to enter. When Lawrence Wong decided to set up a toy factory in Vietnam...

2. Hong Kong is ageing, but the real question is where people age

   In recent years, warnings about Hong Kong’s rapidly ageing population have become increasingly urgent. Long hospital waits, chronic shortages in long-term care and a shrinking working-age population have led many policymakers and researchers to portray ageing as an approaching demographic crisis that a small, densely populated city might be unable to absorb. In some quarters, this has fuelled...

3. Spain signs deals with Brazil as Sanchez builds anti-Trump bloc

   Spain and Brazil signed a flurry of agreements at Pedro Sanchez and Luiz Inacio Lula da Silva’s first bilateral summit, as the Spanish leader seeks to build an alliance to counter US President Donald Trump. “The relationship between Spain and Brazil goes far beyond the strictly bilateral,” Sanchez told reporters after signing 15 deals covering areas including critical minerals,...

4. US Congress extends controversial surveillance law by 10 days

   Congress passed a short extension to a high-profile surveillance law on Friday after failing to secure the long-term reauthorisation pushed by US President Donald Trump. The brief pause comes after a late-night attempt to reauthorise the law for ‌five years failed in the House. It sets up another round of wrangling over whether and how to reform what is known as Section 702 of the Foreign...

5. Iran war: France and UK to lead ‘defensive’ force for Strait of Hormuz

   France and Britain said on Friday that they would lead a multinational mission to ensure freedom of navigation in the Strait of Hormuz, while emphasising the force would be entirely defensive and only deployed once lasting peace in the region was agreed. British Prime Minister Keir Starmer and French President Emmanuel Macron confirmed the force was being set up as they co-chaired international...

6. Pope urges Cameroon to reject violence at mass that draws 120,000 people

   Pope Leo called on Cameroonians on Friday to reject violence and be generous with their neighbours during an event billed as the biggest of his four-nation Africa tour, with roughly 120,000 people flocking to a mass he led in the port city of Douala. Amid heavy security, some believers had made their way on Thursday to the city’s Japoma ‌Stadium, venue of the mass, and slept overnight outside on...

7. Scores of Chinese women smuggled into Germany for massive prostitution ring: prosecutors

   Scores of Chinese women were brought to Germany without valid residency permits for sex work across the country, prosecutors in Frankfurt alleged on Friday. Five suspects are accused of organised smuggling of foreigners for their roles in operating the prostitution ring over the past three years, according to prosecutors. Prostitution is legal in Germany but is strictly regulated. A 43-year-old...

8. Turkey’s Erdogan urges Iran, US to use ceasefire to push for lasting peace

   Turkish President Tayyip Erdogan on Friday urged the United States and Iran to guard against any provocations by Israel and use their current ceasefire to push for lasting peace. “We must not allow weapons to again replace words,” he told the fifth Antalya Diplomacy Forum in Turkey. “Let it not be forgotten, the shortest path to peace is dialogue and diplomacy. Peace is not a one-winged...

9. Chinese LED chipmaker’s purchase of Dutch firm collapses after US opposition

   China’s leading LED chipmaker and its Malaysian partner have abandoned their US$239 million cash offer to purchase Dutch technology company Lumileds Holding after opposition from US authorities, marking the latest setback for Chinese tech investment overseas following the high-profile Nexperia saga. Sanan Optoelectronics, listed in Shanghai, said in a disclosure announcement on Friday that...

10. Iran, US say Strait of Hormuz is fully open to commercial vessels

    In an apparent sign that Tehran blinked first in the blockade showdown between Iran and the US, the two sides announced on Friday that the Strait of Hormuz was open and operational after nearly seven weeks that have seen hundreds of ships blocked and sent energy prices soaring worldwide. “IRAN HAS JUST ANNOUNCED THAT THE STRAIT OF IRAN IS FULLY OPEN AND READY FOR FULL PASSAGE. THANK YOU!,” US...