New reforms to the UK’s national security rules for screening acquisitions and investment are a “pragmatic evolution” of the regime, according to experts.
Ruling clarifies enforceability of Chinese judgments in England & Wales
A recent ruling by the High Court has clarified that Chinese creditors can enforce Chinese judgments in the English courts despite the absence of reciprocal enforcement treaties between China and the UK.
Cable thefts at key Malaysian train lines soar amid copper’s red-hot demand
As soaring copper prices make the metal highly sought after, more cable thieves are targeting some of Malaysia’s busiest urban rail lines, causing significant inconvenience to commuters and headaches for authorities aiming to combat the scourge.
Thefts of copper-embedded cables have led to disruption in train services linking Kuala Lumpur’s northern suburbs to the federal administrative capital of Putrajaya in recent weeks.
Among the services affected are the high-speed MRT Putrajaya and Kajang…
Vietnam records world-highest trade surplus with US, surpassing Mexico, China
Vietnam produced the largest trade surplus with the United States in January, overtaking both Mexico and China, latest official US data shows, as its exports rose sharply while Chinese direct shipments to the United States fell.
Hanoi has been negotiating a trade deal with Washington for months but no agreement has been reached because of the large trade gap and disagreements over tariff rates the US wants to impose on Vietnamese goods, officials have said.
In January, Vietnam’s trade surplus…
Europe looks for nuclear power drive with new €200m SMR funding initiative
Europe is to drive new development of innovative nuclear energy generation systems after launching a €200 million funding initiative to encourage private investment.
Southeast Asia faces spillover cyber risk from Iran war as ‘blast radius’ widens
Southeast Asia is facing a growing cyber spillover risk from the widening US-Israel war with Iran, with security experts warning that state-linked hackers and criminal groups are seeking to exploit turmoil around energy, shipping and banking networks to hit targets far beyond the Middle East.
The assessment comes as Iran said it would target economic and banking interests linked to the United States and Israel in the region after an attack on an Iranian bank, while the United Arab Emirates said…
6,000 Filipino sailors stranded by Strait of Hormuz closure: ‘bored and a little scared’
Filipino sailor George Miranda was racing to help a stricken vessel aboard the tugboat Mussafah 2 when he last spoke to his wife and young daughter.
The 46-year-old, whose small ship was struck by a pair of missiles this week in the Strait of Hormuz, is the only seafarer from the Philippines known to be missing in the Middle East war, the government says.
But more than 6,000 others from the country that supplies a quarter of the world’s sailors are still working in the conflict zone and…
Child privacy warning as UK launches consultation over digital ID scheme
UK government plans for a new digital ID system represent a “high-stakes balancing act” between online safety and young people’s privacy rights, according to an expert.
India opens door to more Chinese investment after 6-year freeze
India has relaxed curbs on Chinese investments in certain sectors to attract more foreign capital, as Beijing and New Delhi continue to gradually repair their economic relationship after years of tense relations.
In a cabinet statement released on Tuesday, New Delhi introduced a fast-track approval mechanism for investments from land-bordering countries – including China. The move amends a previous restriction that had mandated government scrutiny for all such capital inflows.
Under the new…
Thailand smashes coconut-profiteering web led by Chinese firms
Thai police have broken up a web of Chinese companies allegedly using Thai fronts to control the kingdom’s coconut supply, squeezing prices to record lows of 2 baht (6 US cents) per fruit and allowing wide profit margins on sales into China.
The probe, launched across western agricultural provinces where the nam hom coconut farms are based, reflects broader concerns about the exploitation of Thai fruit farmers by foreign businessmen who set prices and dictate market terms.
Raids on eight…
