Family office of Henderson Land boss to fast-track Central Asia green energy plans

Henderson Land Development co-chairman and managing director Peter Lee Ka-kit’s family office has fast-tracked its plans in Central Asia, where rich agricultural and natural resources could trigger more than US$1 billion in investments in green energy.

Alan Chan Ying-lung, managing partner of family office Full Vision Capital, told the South China Morning Post that the firm was pressing ahead with investment projects such as sustainable aviation fuel (SAF) and smart energy storage and solutions in Kazakhstan’s capital, Astana.


Trump cites ‘white, male, Christian’ audit in Smithsonian disclaimer push

US President Donald Trump has issued an executive order to install signage that warns visitors of inaccurate historical information inside the Smithsonian’s National Museum of American History in Washington.

The highly unusual move marks the 80-year-old Republican’s latest battle in his ideological war on American cultural institutions and monuments, some of which he has renamed for himself and renovated to his liking despite legal challenges.

The order issued on Friday calls on federal officials to “install temporary signage” on public walkways outside the building to “

Anthea Hartig, director of the National Museum of American History, testifies before a US House subcommittee on Tuesday in Washington. Photo: AP

Indonesia’s Bali financial hub ‘a matter of survival’: economic tsar

Luhut Pandjaitan, chairman of Indonesia’s National Economic Council, at the Nusa Dua Forum in Bali, Indonesia, on July 17. Photo: Nora Tam

Bali has “aura” and political titan Luhut Pandjaitan wants to channel it to transform Indonesia ’s famed resort island into an international financial centre.
But President Prabowo Subianto ’s special adviser and economic tsar is not relying on subtle nods to Gen Z slang to sell paradise. Instead, he conjures up a striking image to make his case.

A friend recently sent him a photograph of kamikaze drones lighting up the skies over Abu Dhabi, accompanied


Saudi strikes Houthi sites in Yemen as conflict flares

The Iran-backed militants have declared a maritime blockade of the kingdom and attacked its ships

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Armed members of the Iran-backed Houthi militia take part in a demonstration against US and Israel in Sanaa, Yemen, in January 2024. Photo: dpa

Saudi Arabia struck Houthi military targets in Hodeida on Friday with rebel media reporting two injured after the Iran-backed group announced a maritime blockade of the kingdom and hit its ships.

Saudi Arabia and the Houthis traded fire recently for the first time in years, threatening a 2022 truce that has held despite expiring


China tests Central Asian land corridors to bypass maritime chokepoints

Illustration: Brian Wang

Beijing is doubling down on overland trade routes across Central Asia as continued disruptions in the Strait of Hormuz and the wider region expose the vulnerability of global shipping chokepoints.

A new link to Afghanistan via Uzbekistan offers a practical example of this long-term diversification push. However, observers caution that security concerns and capacity constraints could make a meaningful shift away from sea freight difficult


Nvidia, Palantir, Meta warn against ‘premature restrictions’ of open-weight models

Top US tech companies urge policymakers in open letter not to undermine competition and drive more users to Chinese AI systems

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Nvidia was one of the giant US tech companies to sign an open letter urging policymakers to avoid ‘premature restrictions’ on open-weight models. Photo: Shutterstock

Vincent Chow in Washington

A group of American tech giants, including Nvidia , Palantir and Meta , signed a public letter on Friday calling for US leadership in open-weight AI models, an area that China currently dominates.

The challenge comes amid growing speculation that the Trump administration might introduce restrictions on open


US small businesses sue Trump administration over new ‘forced labour’ tariffs

Two US small businesses on Friday ⁠challenged President Donald ⁠Trump’s latest round of tariffs on goods ⁠from 60 trading partners, saying that the new policy, like most of Trump’s previous tariffs, went beyond the president’s authority to tax imports.

The lawsuit, filed in the US trade court in New York, argues that the new tariffs require ‌more detailed country-specific findings about “forced labour” to be legally justified.

The two small businesses, backed by a non-profit


FBI director meets China’s public security chief in Beijing on crime crackdown

FBI Director Kash Patel (left) and China’s Public Security Minister Wang Xiaohong in Beijing on Friday as the US and China step up high-level engagement. Photo: Xinhua

Washington and Beijing’s top police officials met on Friday in the Chinese capital, the latest meeting by senior level representatives in advance of a much-anticipated summit between US President Donald Trump and Chinese President Xi Jinping, expected in the US capital in late September.

Federal Bureau of Investigation Director Kash Patel met Wang Xiaohong, China’s state councillor and minister of public security, in Beijing on Friday, according to state news agency Xinhua.


Trump vows fresh tariffs on EU in retaliation for US$1 billion Google fine

US President Donald Trump threatened new tariffs on products from the European Union in retaliation for the bloc’s US$1 billion (€890 million) fine of Alphabet’s Google.

The president in a social media post on Friday said the US would launch a trade investigation “into the practice of ‘ROBBING’ American Companies and, in turn, the American Taxpayer”.

“The penalties will be entirely reversed and, we anticipate, a substantial TARIFF to be placed on them at the earliest possible moment


International Criminal Court members dismiss prosecutor Karim ‌Khan over sex act: insiders

ICC Prosecutor Karim Khan speaks during an interview in The Hague, Netherlands in January 2025. Photo: Reuters

Member states of the International Criminal Court voted on Friday to dismiss Karim ‌Khan as prosecutor following allegations of sexual misconduct, according to two diplomatic sources.

Speaking on condition of anonymity to discuss a sensitive matter, the sources said that 82 of the court’s 125 member states voted in favour of the prosecutor’s removal.

Khan, 56