Recent News

Australia’s Billionaire Problem and the ‘Corruption of the Democratic Process’
Oct 12, 2026

Australia’s Billionaire Problem and the ‘Corruption of the Democratic Process’

Australia’s incoming political finance laws will cap donations and electioneering spending for the first time, but the limits are generous, the rules complex, and the two-year delay suspiciously convenient for the major parties.


South Korea Recalls Ambassador, Demands Public Apology From Ukraine
Oct 12, 2026

South Korea Recalls Ambassador, Demands Public Apology From Ukraine

A diplomatic rift is growing after a North Korean prisoner transfer that Kyiv revealed against Seoul’s wishes.


India’s opposition marches on Supreme Court as ‘cockroach’ protests gain ground
Oct 12, 2026

India’s opposition marches on Supreme Court as ‘cockroach’ protests gain ground

Indian opposition leaders and student activists marched on the Supreme Court on Monday to demand the resignation of the country’s election chief over alleged voter roll manipulation, as authorities erected heavy barricades and shut six metro stations across New Delhi. The rally went ahead after the Chief Justice of India turned down a meeting request from an opposition delegation, urging them instead to file a formal petition. Mainstream opposition parties have sought to harness a groundswell of...


The China-EU Trade Truce Buys Time
Oct 12, 2026

The China-EU Trade Truce Buys Time

For the EU, the choice is increasingly difficult: secure real concessions from Beijing to address structural trade imbalances or deploy stronger unilateral measures to protect its industrial base.


Southeast Asia Has a Serious Drug Problem
Oct 12, 2026

Southeast Asia Has a Serious Drug Problem

Southeast Asia’s drug labs are pumping out unprecedented amounts of meth and other synthetic drugs.


AI fuelling growth while putting Asia’s young workers at risk, IMF meeting hears
Oct 12, 2026

AI fuelling growth while putting Asia’s young workers at risk, IMF meeting hears

An investment surge into artificial intelligence may be helping prop up a global economy battered by energy supply shocks, but the technology’s potential to cull jobs requires swift mitigation if Asia’s youth are to secure a place in the future workforce, delegates were warned at the IMF–World Bank annual meetings in Bangkok on Monday. Soaring energy prices, persistent inflation and mounting debt framed the opening of the week-long summit, which was last hosted in the Thai capital in...


Mapping US chip supply chain: China accounts for far more than it appears, report says
Oct 12, 2026

Mapping US chip supply chain: China accounts for far more than it appears, report says

China accounts for about 5 per cent of the equipment and materials directly supplied to the US chip industry when measured by country of manufacture, but its grip on certain rare earths needed for chipmaking is over 90 per cent, according to the Semiconductor Industry Association (SIA). While 95 per cent of the nearly US$27 billion annual spending by American chipmakers on manufacturing equipment and materials was sourced from companies headquartered in the US, Europe, and Japan, that figure...


Indian homes, factories hit by hours of blackouts amid more demand for coal
Oct 12, 2026

Indian homes, factories hit by hours of blackouts amid more demand for coal

Indian factories, smelters and households are being hit by blackouts and rising energy costs as the impact of plunging coal stockpiles at the country’s power stations ripples through the economy. The weakest monsoon since 2015 has curbed hydropower output, while hotter-than-normal weather has buoyed demand for air conditioning and farm irrigation. That has seen coal-fired power stations, which supply about two-thirds of India’s electricity, rapidly burn through their inventories. Smaller...


Former HSBC executive launches wealth platform powered by team of AI agents
Oct 12, 2026

Former HSBC executive launches wealth platform powered by team of AI agents

A former top executive at HSBC has launched an artificial intelligence-driven wealth management start-up, setting her sights on a billion-dollar valuation and betting that AI can transform how individuals manage their investments and finances. Trista Sun, formerly a managing director in the international wealth and premier banking division at HSBC, said in an interview last week that her venture Equora aimed to help investors manage their finances “proactively” with AI agents, addressing...


Smokescreen politics? Malaysians mock Indonesian official’s ‘we send oxygen’ haze defence
Oct 12, 2026

Smokescreen politics? Malaysians mock Indonesian official’s ‘we send oxygen’ haze defence

Malaysians have reacted with sarcasm and disbelief to an Indonesian official’s claim that his country provides the region’s oxygen, as toxic smoke from forest fires in Sumatra and Kalimantan chokes neighbouring nations. Syahganda Nainggolan, head of Indonesia’s government communications agency, prompted the backlash after invoking his country’s forests when questioned on Saturday about the severe smog that has forced school closures and triggered health warnings across Malaysia and...


Malaysian PM Anwar’s new budget tackles corruption, but critics ask: is it too late?
Oct 12, 2026

Malaysian PM Anwar’s new budget tackles corruption, but critics ask: is it too late?

With his reformist credentials battered by coalition compromises and a looming general election, Malaysian Prime Minister Anwar Ibrahim has used his 2027 budget to launch a fresh wave of anti-corruption measures. But as his government nears its four-year mark, analysts warn that restoring public confidence will require more than additional funding and tighter legislative oversight. The measures, announced when Anwar presented Malaysia’s 2027 budget on Friday, include 1.1 billion ringgit (US$269...


Investigation Into FlyDubai Attacker Puts Spotlight on an Australian Mosque
Oct 12, 2026

Investigation Into FlyDubai Attacker Puts Spotlight on an Australian Mosque

Emirati investigators said the co-pilot accused of attacking a captain on a flight to Israel drifted toward extremism during his time as a student in Australia.


Singapore tops global air pollution ranks again, rolls out haze subsidies
Oct 12, 2026

Singapore tops global air pollution ranks again, rolls out haze subsidies

Singapore again ranked as the world’s most polluted city on Monday, according to Swiss-based air quality monitor IQAir, as the fires on Borneo and Sumatra islands – intensified by a turbocharged El Nino weather phenomenon – keep emitting toxic haze. The city state has rolled out subsidies for haze-related medical treatment and schools were closed in parts of neighbouring Malaysia, as both countries grapple with persistently unhealthy air quality due to fires in nearby Indonesia. The fires have...


DeepSeek’s cost-saving AI may lead to inaccuracy in model performance: research
Oct 12, 2026

DeepSeek’s cost-saving AI may lead to inaccuracy in model performance: research

New research has exposed a potential flaw in the memory-saving technology underpinning DeepSeek’s models, marking a rare challenge to a breakthrough that has helped the Chinese artificial intelligence lab close the gap with US rivals OpenAI and Anthropic with its low-cost approach. The findings were published late last month in a paper led by researchers from ByteDance and co-authors affiliated with Princeton University, Stanford University and the University of California, Berkeley. The study,...


Australian man rejects UAE links to Flydubai cockpit attack: ‘false accusations’
Oct 12, 2026

Australian man rejects UAE links to Flydubai cockpit attack: ‘false accusations’

A Melbourne man whose Islamic community centre has been linked by prosecutors in the United Arab Emirates to the co-pilot who allegedly attacked the captain of a Flydubai jet has hit out at “false accusations”. The Omani co-pilot, now in custody in the UAE, had drawn inspiration from al-Qaeda’s September 11, 2001 suicide attacks, and carried out his attempt “with the aim of causing the greatest possible loss of life”, according to the Emirati prosecutor’s findings published by state media last...


Will Indonesia’s New Foreign Minister Be Allowed to Do His Job?
Oct 12, 2026

Will Indonesia’s New Foreign Minister Be Allowed to Do His Job?

Arrmanatha Nasir is highly qualified, but his success may hinge on whether or not he has access to President Prabowo Subianto.


What Kim Jones Did Next
Oct 12, 2026

What Kim Jones Did Next

For his next act, Kim Jones, formerly of Louis Vuitton, Fendi and Dior, is starting a namesake collection. It’s a trend.


Shares in Malaysia’s Genting tumble by most in 28 years
Oct 12, 2026

Shares in Malaysia’s Genting tumble by most in 28 years

Share in Genting plunged by the most in 28 years after the leisure group controlled by Malaysian billionaire Lim Kok Thay announced plans to raise about 1.25 billion ringgit (US$306 million) through a renounceable rights issue. The stock fell as much as 17 per cent to 1.56 ringgit, the biggest decline since 1998. The issue price would be fixed at a discount ranging between 25 and 30 per cent, Genting said in a bourse filing on Friday, adding that proceeds raised would be used to repay its...


US Drops Sanctions on Daughter of Prominent Myanmar Businessman Thein Win Zaw
Oct 12, 2026

US Drops Sanctions on Daughter of Prominent Myanmar Businessman Thein Win Zaw

Is Theint Win Htet's removal from the Treasury Department's blacklist a sign of a looming rapprochement between Washington and Naypyidaw?


Hong Kong’s workers fear AI-driven retirement disruptions, only 20% feel prepared: survey
Oct 12, 2026

Hong Kong’s workers fear AI-driven retirement disruptions, only 20% feel prepared: survey

More than half of Hong Kong’s working adults believe artificial intelligence will make their retirement path more unpredictable than previous generations, yet only one in five feel financially prepared for the shift, according to a survey by global asset manager T. Rowe Price. About 55 per cent of the 1,004 Hong Kong residents surveyed – all 30 or older and earning at least HK$15,000 (US$2,239) per month – said they expected AI-driven disruptions to destabilise their long-term career and income...


China’s factories leaping straight into agentic AI and taking it global: Black Lake CEO
Oct 12, 2026

China’s factories leaping straight into agentic AI and taking it global: Black Lake CEO

China’s manufacturing sector is leapfrogging straight into the era of agentic artificial intelligence and is now exporting that playbook to global supply chains, according to the CEO of Black Lake, a Chinese provider of cloud-based AI tools for factories. “Just as China skipped credit cards and jumped directly to mobile payments, many factories are skipping full traditional digitalisation and jumping directly to AI agents,” Zhou Yuxiang said in a recent interview with the South China Morning...


Trump’s Targeting of Indian IT Firms Hits India-US Ties Again
Oct 12, 2026

Trump’s Targeting of Indian IT Firms Hits India-US Ties Again

Washington announced last week that it would not accept or process applications from top Indian IT companies for H-1B visas.


India’s Youth Protests Challenge Narendra Modi
Oct 12, 2026

India’s Youth Protests Challenge Narendra Modi

Prime Minister Narendra Modi of India has long succeeded in isolating and undermining opponents. The Gen Z protests pose a challenge unlike any he has faced before.


AirAsia founder denies state bailout talks despite insiders’ claims
Oct 12, 2026

AirAsia founder denies state bailout talks despite insiders’ claims

AirAsia co-founder Tony Fernandes met with officials from Malaysia’s finance ministry two weeks ago to discuss potential government support for Southeast Asia’s largest low-cost airline, according to three people with knowledge of the matter. The talks reflect growing government concerns about the financial health of the country’s largest domestic carrier following a spike in jet fuel prices, the people said. Discussions centred on the prospect of the government backing AirAsia’s fundraising...


To Rebuild the Nepali Congress, Gagan Thapa Must First Reform It
Oct 12, 2026

To Rebuild the Nepali Congress, Gagan Thapa Must First Reform It

Recently re-elected president of the Nepali Congress, Thapa vowed to end the culture of nepotism and groupism in the party and to open it to a new generation of leaders.


Why Did the Industrial Revolution Not Start in India?
Oct 12, 2026

Why Did the Industrial Revolution Not Start in India?

Due to abundant labor, its social structure, and the inertia of an economic system, there was little incentive to initiate mechanization and the Industrial Revolution in India.


Indonesia finds orangutans saved from wildfires a new home
Oct 12, 2026

Indonesia finds orangutans saved from wildfires a new home

Indonesian authorities and conservation workers have successfully moved eight ⁠orangutans to a safe ⁠location after the endangered ⁠primates’ homes were destroyed by wildfires in the forests of Borneo. The Southeast Asian nation is battling its most intense wildfires in 11 years, mainly on Sumatra and Borneo islands, and the ‌government has warned the blazes could continue until November, aggravated by the El Nino weather pattern. Three mother-child pairs and two adolescent male orangutans were...


Myanmar’s Min Aung Hlaing to Visit Indonesia and Brunei, Regime Spokesperson Says
Oct 12, 2026

Myanmar’s Min Aung Hlaing to Visit Indonesia and Brunei, Regime Spokesperson Says

Since taking office in April, the former general has visited five ASEAN member states as he seeks normalization with the Southeast Asian bloc.


South Korea hails success of its first Arctic shipping trial
Oct 12, 2026

South Korea hails success of its first Arctic shipping trial

A South Korean container ship has returned from a trial voyage through the Arctic, testing an alternative route opened by melting sea ice as conflict in the Middle East disrupts global shipping. The PanStar Acro made the round trip to Europe in less time than the conventional route through the Suez Canal, officials said. The initiative has drawn concerns that increased traffic could accelerate Arctic ice loss. The Arctic route could also expose operators to sanctions-related risks because it...


Days after AI missile test, North Korea fires more projectiles
Oct 12, 2026

Days after AI missile test, North Korea fires more projectiles

North Korea on Monday fired multiple ballistic missiles off its east coast, Seoul’s military said, after weeks of mounting friction over a landmine explosion along the countries’ heavily fortified border. South Korea’s Joint Chiefs of Staff confirmed in a statement that it had detected several ballistic missiles launched from the Pyongyang area, adding that its military “has stepped up surveillance and vigilance against possible additional launches”. One of the missiles flew more than 900km (559...


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