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As China looks to central Asia for more energy supplies to offset shipping disruptions amid the Iran war, Vice-Premier Ding Xuexiang will travel to Turkmenistan to visit local gas fields and to attend a bilateral cooperation meeting. Ding, who is China’s top-ranking vice-premier,…

Malaysia is doubling down on renewables to secure its energy future, its deputy prime minister has said, as the government scrambles to mitigate the fallout from an escalating energy crisis triggered by the Iran war. Tehran all but shut access to the Strait of Hormuz last month i…

China is gaining from America’s trillion-dollar artificial intelligence spending spree despite Washington’s efforts to curb Chinese technology ties, as the US data centre boom ripples through Asian technology supply chains, according to research by Oxford Economics. Roughly US$2 …

With millions of Indonesians at risk of being pushed into poverty amid a deepening global energy crisis, President Prabowo Subianto arrived in Moscow this week seeking something straightforward but increasingly scarce: cheap oil. Prabowo’s trip, which got under way on Monday, com…

An AI computing centre capable of predicting weather patterns weeks in advance typically carries a price tag of US$100 million or more. Now, Chinese researchers say a small-scale quantum system can outperform such facilities at less than 1 per cent of the cost. The findings raise…

At least 26 South Korean tankers are thought to be stranded near the Strait of Hormuz. That fact alone may best explain why President Lee Jae Myung walked into a diplomatic firefight with Israel last week, analysts say. The row erupted on Friday when Lee commented on a grainy cli…

Hong Kong holds the unwanted distinction of being the most US-sanctioned territory in China, with more than 300 entities blacklisted by Washington in a bid to curb Beijing’s technological rise. But the government maintains that a backlash from Washington will not stop Hong Kong f…

Malaysian Prime Minister Anwar Ibrahim has called for an end to allegations of diesel being supplied to the Philippines, stating that the claim is untrue. Anwar said the recent shipment of diesel was not from national oil company Petronas but from a foreign commodity company, Vit…

J.D. Vance had two jobs last week: get an Iran deal and keep Hungary’s Viktor Orban in power. Neither happened for the US vice-president. The 41-year-old Vance looked exhausted as he left Pakistan on Sunday after 21 hours that failed to produce an agreement with Tehran to end a w…

China’s export growth softened in March as disruptions in the Strait of Hormuz drove up transport costs and energy prices, a trend which also led imports to rise considerably. Exports rose 2.5 per cent year on year to US$321.03 billion in March, according to data released by Chin…

Canadian Prime Minister Mark Carney secured a majority government with special election wins Monday night, allowing his Liberals to pass legislation without the support of opposition parties. Voters cast ballots for three vacant seats of the 343 districts represented in Parliamen…

Jet fuel shortages and surging prices are forcing flight cancellations across the Asia-Pacific, a squeeze that could intensify after the United States began controlling oil shipments through the Strait of Hormuz following failed peace talks with Iran. Tehran’s effective closure o…

As the new Communist Party chief of China’s southern manufacturing hub Shenzhen, Jin Lei is facing his first major test as the city prepares to host the Apec leaders’ summit in November. Beijing is seeking more cooperation with the bloc in areas like artificial intelligence, and …

The bust of an illegal transfer of oil between tankers in Malaysian waters has returned the spotlight to the shadow fleet trade in fuel – much of it from sanctioned nations – in Southeast Asia, which continues despite the paralysis of legitimate shipping routes triggered by the I…

A leading European business association in China has urged Brussels to avoid becoming a “passive recipient” of US-China trade negotiations, as European firms scramble to navigate Beijing’s export controls. In a report released on Tuesday, the European Union Chamber of Commerce in…

Pakistan is considering financing from both countries and banks as options to repay a US$3 billion loan from the United Arab Emirates and help maintain foreign exchange reserve levels amid soaring oil prices, Finance Minister Muhammad Aurangzeb said. The South Asian country this …

Hong Kong taxpayers may have to shoulder nearly HK$28 billion (US$3.57 billion) in bad loans from a now-defunct, fully government-backed financing scheme designed to help smaller enterprises survive the Covid pandemic. Official data released to legislators showed that of the 67,1…

Japan’s effort to shield itself from President Donald Trump’s tariffs is facing a new backlash, with environmental groups warning that US projects tied to Tokyo’s investment pledge could generate greenhouse gases equal to around 20 per cent of Japan’s annual emissions. The Japane…

A Minnesota county is investigating the arrest of a Hmong American man by federal officers that was captured on video as a potential case of kidnapping, burglary and false imprisonment, officials said on Monday. Ramsey County Attorney John Choi and Sheriff Bob Fletcher said at a …

The Brazilian government has dismissed the head of its labour inspection authority, days after his office added Chinese electric vehicle giant BYD to a registry of employers found to have subjected workers to conditions analogous to slavery. Luiz Felipe Brandao de Mello led the N…

Nearly 100 protesters were arrested during a demonstration on Monday calling on Senate Democratic leader Chuck Schumer and Senator Kirsten Gillibrand to block the sale of thousands of US bombs to Israel. Led by the anti-war group Jewish Voice for Peace, the crowd of hundreds init…

In a world edging dangerously close to a wider war, where weeks of escalation between the United States, Israel and Iran have threatened to spiral into a catastrophic regional conflict, Pakistan has emerged as an unlikely but decisive diplomatic actor. Through sustained backchann…

Former Brazilian intelligence ⁠chief Alexandre Ramagem has ⁠been detained by ICE in the United States, the agency reported on its website on Monday, after he fled Brazil in September following his conviction for plotting a coup with ‌then-president Jair Bolsonaro. Ramagem, 53, is…

Spanish Prime Minister Pedro Sanchez’s wife, Begona Gomez, has been formally charged with corruption after a years-long criminal investigation, according to a court ruling published on Monday. The investigation is one of several corruption cases that have embroiled the Socialist …

Hezbollah leader Naim Qassem on Monday urged Lebanon to cancel a planned meeting with Israel in Washington the following day, reiterating his group’s rejection of direct negotiations with its foe. “We reject negotiations with the usurping Israeli entity … We call for a historic a…