Business — 1,721 insights
US’ Bessent urges China to help open Strait of Hormuz
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US’ Bessent urges China to help open Strait of Hormuz

US Treasury Secretary Scott Bessent on Monday pressed China to ramp up diplomatic pressure on Iran to open the Strait of Hormuz even as he stressed that the US has “absolute control” over the strategic waterway. “Let’s see [China] step up with some d…

2 dead, 2 injured after car ramming in German city of Leipzig
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2 dead, 2 injured after car ramming in German city of Leipzig

⁠Two people were killed and two severely injured when a car ran ‌into a crowd in the centre of the eastern German city of Leipzig on Monday, local broadcaster MDR ⁠reported, citing police. A suspect has been arrested. “A car hit several people on Gri…

Fatal 2022 China Eastern Airlines plane crash points to deliberate fuel cut-off
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Fatal 2022 China Eastern Airlines plane crash points to deliberate fuel cut-off

The China Eastern Airlines plane that crashed into a hillside in 2022, killing all 132 people on board, had its fuel supply cut mid-flight, newly released investigative material shows, which bolsters the theory that the aircraft was intentionally bro…

Uzbek PM Abdulla Aripov to join ‘milestone’ 200-member delegation in Hong Kong
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Uzbek PM Abdulla Aripov to join ‘milestone’ 200-member delegation in Hong Kong

Uzbek Prime Minister Abdulla Aripov will visit Hong Kong two days after a 200-strong delegation from the Central Asian country arrived in the city via a charter flight on Monday to explore collaboration opportunities. It was understood that a high-le…

Germany jails mother for locking up daughter for 7 years
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Germany jails mother for locking up daughter for 7 years

A German woman convicted of keeping her young daughter locked up at home for years was sentenced to five years in prison on Monday. The woman, who had kept her daughter confined to the home of the girl’s grandparents, was found guilty of kidnapping…

Trump family’s crypto project sues billionaire backer Justin Sun
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Trump family’s crypto project sues billionaire backer Justin Sun

World Liberty ⁠Financial, the crypto venture co-founded ⁠by US President Donald Trump and his sons, said on Monday it had filed a defamation lawsuit against Hong Kong-based crypto entrepreneur Justin Sun, in the latest escalation of a dispute ‌betwee…

China fireworks factory explosion kills 21, injures more than 60 people
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China fireworks factory explosion kills 21, injures more than 60 people

A fireworks factory explosion in Liuyang, Hunan province on Monday has killed 21 people and injured 61 others, state media said. The explosion occurred at around 4.40pm in a workshop at the Huasheng Fireworks Manufacturing and Display Company in the…

AI helps Singapore’s Grab woo tough Southeast Asian crowd, exceed expectations
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AI helps Singapore’s Grab woo tough Southeast Asian crowd, exceed expectations

Singapore’s Grab reported first-quarter profit that exceeded analysts’ estimates, helped by resilient demand for ride hailing and delivery in a market rattled by economic and political challenges. Southeast Asia’s biggest ride-hailing and delivery fi…

China’s fight to keep Darwin Port could help fragile Sino-Australian relations: analysts
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China’s fight to keep Darwin Port could help fragile Sino-Australian relations: analysts

Chinese multinational company Landbridge Group’s legal claim regarding Darwin Port – the first case ever brought against Australia at the international tribunal – is likely to yield a multi-year proceeding, which could serve as a buffer to provide so…

Ex-China soldier escapes Myanmar fraud centre by scaling wall, masking scent with cow dung
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Ex-China soldier escapes Myanmar fraud centre by scaling wall, masking scent with cow dung

An ex-Chinese soldier has told how he escaped a Myanmar scam hub after scaling a wall, applying cow dung to mask his scent and subduing an armed guard. Yang Lei, from northeastern China, shared the thrilling story of his escape after he arrived safel…

What the public inquiry into deadly Tai Po blaze has revealed so far
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What the public inquiry into deadly Tai Po blaze has revealed so far

The independent committee tasked with investigating Hong Kong’s deadly Tai Po blaze has finished 21 sessions of evidential hearings in three rounds, pointing to multiple apparent loopholes in the supervision of the estate’s renovation project and the…

Golden Week crush shows Hong Kong needs top-down ecotourism policy, experts say
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Golden Week crush shows Hong Kong needs top-down ecotourism policy, experts say

Hong Kong should adopt a top-down, comprehensive ecotourism policy to safeguard the city’s natural attractions, with a designated authority taking the lead, experts have urged, after a surge in Labour Day “Golden Week” visitors overwhelmed ecological…