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Residents of Tehran awoke on Monday anxious and drained by the prospect of full-scale war resuming, following tit-for-tat strikes between arch-foes Iran and Israel that marked the greatest threat to the fragile ceasefire thus far. “We don’t know if there will be a war, nor if a peace deal will last,” said Maryam, a 41-year-old accountant in Tehran’s central Valiasr Square. She described a pervasive “sense of uncertainty and confusion” after Israeli strikes on Tehran on Sunday, which came in...

South China Morning Post

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Will Xi’s North Korea visit show Kim that China remains Pyongyang’s most vital ally?

President Xi Jinping is heading to North Korea on Monday with the aim of proving that China remains the best prospect for reviving his host country’s economy. The visit, Xi’s first in seven years, will focus on reinforcing ties with Pyongyang at a time when the denuclearisation of the Korean peninsula appears increasingly out of reach, according to analysts. The carefully timed sequence of diplomatic meetings also reflects Beijing’s growing confidence on the world stage and its ability to engage...

South China Morning Post

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The next tech war? Why biotech may become a new US-China battleground

The wide-ranging geopolitical rivalry between Beijing and Washington could soon expand into biotechnology, raising the prospect of fresh tensions even as American pharmaceutical firms have turned to China’s fast-growing industry for new drug candidates. Biotech in the world’s second-largest economy has long been viewed as a predominantly low-cost manufacturing base with opportunities arising from its vast domestic market. But years of sustained investment, cost advantages and faster development...

South China Morning Post

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How Trump’s war on Iran is jeopardising Asia’s remittance lifeline

There seems to be no end to the harm arising from US President Donald Trump’s madcap war on Iran. Go beyond the direct tragic impact across Iran itself, the collateral damage from Tehran’s effective closure of the Strait of Hormuz, and its ad hoc assaults on US allies in the region: beyond the burgeoning impact of shortages of oil, gas, hydrogen, helium and sulphur, and the prospect of food shortages arising from the collapse in fertiliser supplies; beyond the hardships of tens of thousands of...

South China Morning Post

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Trump’s overseas application for US green card rule unnerves Asian workers

A new US immigration policy could force many green card applicants to leave the country and apply from abroad, disrupting families, careers and long-term settlement plans for Asian workers already facing years-long visa backlogs. US Citizenship and Immigration Services said on May 22 that it would grant “adjustment of status” only in “extraordinary circumstances”, referring to the previous process allowing prospective immigrants already in the US to apply for permanent residence without leaving...

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Search in flooded cave for 7 gold-mining villagers in Laos enters sixth day

The desperate search for seven villagers in Laos prospecting for gold who became trapped deep inside a flooded cave entered a sixth day on Monday, with the incident highlighting how surging prices have sparked a rush for the precious metal despite risks in unstable hillside mines. Thai cave rescue teams have joined the mission at the cave in central Xaysomboun province, posting harrowing images on social media of the conditions, which include crawling through a flooded, narrow tunnel leading to...

South China Morning Post

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Will Zimbabwe’s lithium strategy help it break into the value-adding game?

Zimbabwe is betting that its move into lithium processing will finally break the cycle of digging and shipping ore that has defined its mining sector for decades. This follows the export of the continent’s first consignment of lithium sulphate by Prospect Lithium Zimbabwe, a subsidiary of China’s Zhejiang Huayou Cobalt, from its US$400 million Arcadia mine near Harare last month. The milestone came after Harare unexpectedly brought forward its ban on raw mineral exports to February this year to...

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