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Malaysia’s search for alternative crude supplies is complicating Prime Minister Anwar Ibrahim’s “friends with all” foreign policy, analysts have said, with the country potentially tapping Russian oil despite Western sanctions against Moscow. On Thursday, oil prices rose again after Iran declared the Strait of Hormuz closed, 103 days after the US-Israel war with Iran began on February 28. Washington has signalled it wants sanction waivers over Russian oil to end “as soon as possible”. Economy...

South China Morning Post

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기타

China sees record panda bond issuance in 2026 as foreign borrowers pile in

Foreign governments, international banks and multinational companies are increasingly tapping China’s domestic bond market, as panda bond issuance hit a record high in the first five months of the year. A total of 11 entities sold 14 panda bonds – yuan-denominated debt instruments issued by foreign entities in mainland China’s onshore market – worth 26.64 billion yuan (US$3.7 billion) in May, up 246 per cent from a year earlier and the highest level on record for the month, according to data...

South China Morning Post

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정치

Global Prosperity Summit 2026 maps out Hong Kong’s aerospace potential as city’s first astronaut takes flight

As Hong Kong sent its first astronaut into space, leading industry experts at the Global Prosperity Summit 2026 (GPS 2026) said the city was well positioned to be a facilitator of aerospace development by tapping into emerging opportunities in the aerospace economy and contributing its professional services expertise to this burgeoning field. Just days before it was announced that Hong Kong’s Lai Ka-ying would join the Shenzhou-23 mission to China’s Tiangong space station, experts who spoke at...

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