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1. A month after elections, Danish government talks remain in stalemate

   Talks on forming a new Danish government are in stalemate one month on from the country’s parliamentary election, slowing decision-making amid efforts to resolve a crisis in ties with US President Donald Trump’s administration over Greenland. Caretaker Prime Minister Mette ‌Frederiksen, armed with a royal mandate, is leading coalition talks among the 12 parties in parliament but has so far only...

2. Departments must communicate better, fire chief tells Tai Po blaze hearing

   Hong Kong’s fire services chief has acknowledged that better communication with building authorities is needed after an independent committee earlier revealed that his officers had taken no action against possible safety breaches during renovations at Wang Fuk Court, where 168 people were killed in last year’s inferno. But Director of Fire Services Andy Yeung Yan-kin insisted on Friday that...

3. Chinese EV makers target global expansion at Auto China amid energy shock

   Chinese electric vehicle (EV) makers at the Beijing auto show are shifting their focus to overseas markets, banking on opportunities from the Middle East crisis to boost profitability amid weak sales at home. “Going global has become a top choice for Chinese EV builders as they struggle to break even,” said Phate Zhang, founder of Shanghai-based data provider CnEVPost. “The Middle East crisis is...

4. Cathay raises HK$2.08 billion after tapping public bond market for first time

   Cathay Pacific Airways has raised HK$2.08 billion (US$265.4 million) by selling Hong Kong dollar-denominated bonds to boost its working capital, tapping the public bond market for the first time. Hong Kong’s flag carrier said on Friday that the bond issuance was the biggest of its kind by a locally based, non-public sector company. The three-year bonds, which carried a fixed interest rate of...

5. Iran’s foreign minister expected in Pakistan, raising hopes for talks with US

   Iranian Foreign Minister Abbas Araghchi is expected to travel to Pakistan on Friday, fuelling optimism for a second round of talks between Washington and Tehran. According to a source in Islamabad and Pakistan’s state broadcaster, Araghchi will travel with a “small team”, and was due to arrive by Friday night, Pakistan time. Iran’s semi-official Mehr News Agency also reported that the top...

6. China stages navy drill as US and Philippines embark on Balikatan 2026

   Beijing has held naval exercises in waters east of a Philippine island near Taiwan in an apparent response to nearby annual military drills hosted by Manila and Washington. The People’s Liberation Army Southern Theatre Command said on Friday that a naval fleet had “recently” held drills in waters east of Luzon, the northernmost major island of the Philippines. The drills were “a necessary action...

7. German man accused of live streaming child abuse in the Philippines

   German prosecutors have charged a 46-year-old man on suspicion of serious sexual abuse of children via live streaming. The man, from the district of Heidenheim in southwestern Germany, is alleged to have paid female accomplices in the Philippines to carry out sexual abuse against girls aged between four and 13 in six instances, the Cybercrime Centre of the Karlsruhe Public Prosecutor’s Office...

8. Over 50 Central restaurants, shops join drive to boost spending, lure tourists

   More than 50 restaurants and shops have joined a “tourism everywhere” initiative to promote Hong Kong’s bustling Central district among residents and tourists and boost local spending. The Hong Kong Small and Medium Enterprises Association on Friday revealed the programme to promote hidden delicacies and goods in Central, aligning with the government’s objective to turn everywhere into a tourist...

9. Will China’s deal with Australian mining giant BHP boost yuan internationalisation?

   Australian mining giant BHP’s decision to adopt a yuan-denominated index for a major Chinese buyer poses a challenge to the US dollar’s long-standing dominance in iron ore pricing, delivering a hard-won victory for Beijing, analysts said. But while the agreement marked a breakthrough in Beijing’s push to gain greater commodity pricing power at a time when the United States faces growing...

10. Why China’s optical communications sector is the latest AI boom beneficiary

    Amid the artificial intelligence boom, the world has been laser-focused on technologies like graphics processing units and memory chips. However, a quieter miracle has been unfolding in the mainland stock market. Optical modules, which allow ultra-fast communications in data centres, have minted a new class of industrial upstarts. In the past year, shares in Shenzhen-listed Zhongji Innolight,...