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1. Hong Kong firms pick Saudi Arabia over mainland China for expansion: HSBC

   Hong Kong businesses are increasingly turning to Saudi Arabia as their top choice for supply chain diversification amid changing trade conditions, according to an HSBC survey. Nearly a fifth of Hong Kong businesses identified Saudi Arabia as their preferred market to expand production, followed by mainland China at 14 per cent, according to the survey released on Thursday. Interest was strongest...

2. Is naval drill a sign that India, other Quad members can look past differences?

   The Quad nations have completed a major round of naval drills, pressing ahead with their defence cooperation even as political tensions test the cohesion of the regional security bloc. The decision to continue joint exercises reflects a “growing convergence of strategic interests” among the Quadrilateral Security Dialogue’s members and defence remaining high on the agenda despite trade and other...

3. Tokyo complains over video of diplomat appearing to bow to Chinese official

   Footage of a Japanese diplomat appearing to bow to his Chinese counterpart following their talks in Beijing on Tuesday has prompted a complaint from Tokyo that it was not informed about media filming after the meeting. It comes amid a diplomatic feud between Beijing and Tokyo over Japanese Prime Minister Sanae Takaichi’s remarks on Taiwan. Tuesday’s meeting between China’s Asian affairs chief...

4. China tells Japan to ‘behave’ properly as it dismisses call for talks

   China has urged Tokyo to “behave with restraint” after it called for talks amid the diplomatic freeze over Prime Minister Sanae Takaichi’s comments about Taiwan. Asked about a possible meeting between Premier Li Qiang and Takaichi on the sidelines of the Group of 20 Summit in South Africa this weekend, foreign ministry spokeswoman Mao Ning said China had no such plans. “There’s no arrangement...

5. Hong Kong to set up firm to speed up San Tin Technopole, boost I&T industry

   Hong Kong authorities will take the lead by setting up a company to drive the development of a new innovation hub near the border, with the base focusing on prototyping, pilot production and small-scale manufacturing as strategic bets for the future. Secretary for Innovation, Technology and Industry Sun Dong said on Thursday that the San Tin Technopole would serve as a base for the advanced...

6. Hong Kong hedge fund founder pays US$74.3 million for luxury Shouson Hill home

   A company associated with Vincent Gao Leyi, the founder of Hong Kong-based hedge fund CoreView Capital, has bought a luxury home in the city’s Southern district for about HK$579 million (US$74.3 million), according to official records. Matrix Properties was identified as the buyer of House 6 at the upscale development No 15 Shouson Hill in one of the city’s most exclusive enclaves, Land Registry...

7. ‘Labubu queen’: Michelle Yeoh stuns TV host with doll collection revelation

   Oscar-winning Malaysian actress Michelle Yeoh melted hearts on the Tonight Show Starring Jimmy Fallon after sharing that she has more than 100 Labubu dolls, a secret number fans never saw coming. Yeoh revealed that she has over 100 of them tucked away at home. “Oh maybe a little more than a hundred of them,” she shared casually on the show, as if having a miniature mythical creature colony is...

8. China’s exports at risk? US, EU may push tough rules of origin: economist

   China should prepare for stricter US and EU regulations on global rules of origin – as signalled in the recent trade deal between the Western economic powers – with the changes potentially weighing on its export sector by redefining global trade patterns, according to a Chinese economist. “Trump’s current measures are temporary – tariffs can be imposed today and rolled back or even eliminated...

9. China accuses US of undermining ties with Greece in envoy’s Piraeus port remarks

   China has accused the United States of trying to undermine its relations with Greece after US ambassador Kimberly Guilfoyle urged Athens to sell the Chinese-operated port of Piraeus. Guilfoyle called the presence of China’s state-owned shipping giant Cosco at the port in the south of Greece “unfortunate”, in an interview last week with Greek broadcaster Antenna TV. “But I think there are ways...

10. Fans saddened by imminent retirement of Japan beloved penguin smart card mascot

    The beloved penguin mascot of a transport card in Japan, regarded by many as the most popular penguin in the country, is expected to retire in 2027, according to its issuer. The affable Suica Penguin will be hanging up its flippers at the end of the 2026 financial year, which concludes on March 31, 2027. It has graced the face of a widely used transport smart card since 2001, as announced by the...