South Korea’s air force apologised on ⁠Thursday for a ⁠2021 mid-air collision involving two ⁠fighter jets, a day after auditors said pilots were taking selfies and filming during the flight and held them responsible for the accident. “We sincerely apologise to the public ‌for the concern caused by the accident that occurred in 2021,” an air force spokesman said in a press briefing, adding that one of the pilots involved had been suspended from flying duties, received severe disciplinary action...

Indonesia’s new front-of-pack nutrition labelling scheme has been welcomed by health advocates as a long-overdue measure to tackle excessive sugar, salt and fat intake. But experts said the labels were only a first step and would do little on their own to slow Indonesia’s growing burden of obesity, diabetes, hypertension and other diet-related diseases. A decree issued by the health ministry on April 14 requires ready-to-eat food and drink products to carry nutrition labels and health messages...

A Henderson Land Development joint venture has won a five-year contract to operate the Central Harbourfront Event Space in Hong Kong, with a clause that would require the government to be compensated if the number of events falls short of its commitment. The Development Bureau on Thursday announced that Central Grand Limited (CGL), a joint venture between the property developer and concert organiser YW Company, beat five other bidders for the prime site which hosts major events such as the...

The United States’ depleted stockpile of munitions from its war on Iran and limited production capacity will be a critical vulnerability against stronger adversaries, according to Chinese military observers. During the 39 days of war before the ceasefire, the US is estimated to have used about half of both its Patriot air defence missiles and the longer-range Terminal High Altitude Area Defence (THAAD) interceptors. Stockpiles of Standard Missile 3 (SM-3) and Standard Missile 6 (SM-6)...

China’s fuerdai, or “second-generation rich”, are shaking off their notorious image and have become the favourite boss of some young people. The term fuerdai was invented in the 2000s and refers to the children of people who accumulated wealth following China’s reform and opening up in 1978. It was considered a pejorative term, often associated with the spoiled character and overindulgent lifestyles of rich children. However, in contemporary China, fuerdai are dispensing with their stereotypes...

Hong Kong’s “one country, two systems” principle can serve as a model around the world and represents the city’s biggest contribution to Beijing’s Global Governance Initiative, political heavyweight Regina Ip Lau Suk-yee has said. Ip, the convenor of the government’s key decision-making Executive Council and a former lawmaker, made the remarks at a media briefing on Thursday ahead of the third edition of the annual Global Prosperity Summit, which is organised by her think tank – the Savantas...