A Singapore family court rejected a 90-year-old man’s claim for spousal maintenance from his 89-year-old wife, noting that both of them are in the twilight of their lives. The court also noted that the man would receive more than S$2 million (US$1.6 million) from the matrimonial pool, comprising the couple’s assets to be divided in the divorce, and his wife was a retiree living on a pension. The former couple were married for more than 64 years and have three children, all aged above 60, a...

Hong Kong has retained its status as Asia’s top financial hub for a fourth consecutive edition of the Global Financial Centres Index (GFCI), even as many of the world’s leading centres saw their scores slip slightly amid rising geopolitical headwinds. The city also ranked third globally in the 40th edition of the twice-yearly report, released on Wednesday amid a remarkably tight race at the top of global finance. Hong Kong scored 756, just one point behind London on 757 and a point ahead of...

A Malaysian city councillor has resigned over remarks he made about the Democratic Action Party (DAP) at the recent Umno general assembly. Permatang Pauh Umno division chief Mohd Zaidi Mohd Said’s resignation as a Seberang Perai city councillor took effect on Monday, according to a letter made public by state local government committee chairman Jason H’ng Mooi Lye on Wednesday. In the letter, Zaidi apologised for his remarks during the assembly in Kuala Lumpur on Saturday, where he represented...

A South Korean crime lord convicted of murder in the Philippines reportedly planned to escape prison by strapping himself to a drone – until his own accomplice’s rehearsal footage gave the game away. Park Wang-yeol, 47, was sentenced in 2022 to 60 years behind bars for the killing of three South Koreans in a sugar cane field outside Bacolod City in 2016, a crime that earned him the nickname “sugar cane field killer”. The drone-assisted escape plot was planned for earlier this year, in the weeks...

Koukyo Yoneta, a fifth-generation Buddhist priest in a small town in Japan’s Hokkaido, was struggling to keep up with the maintenance needs of his century-old temple, so he chose a path that would have been unthinkable for his predecessors – rather than wait for his congregation to give money they do not have, he invested what they had already donated. The move paid off. Within two years, his portfolio of US treasuries, Japanese real estate investment trusts and stocks including BYD and Hyundai...

India and Russia are seeking to push one of Asia’s oldest defence relationships beyond arms sales and into a more technology-driven industrial partnership, analysts have said, with missile exports and fighter-jet offers emerging as early tests. Russian President Vladimir Putin and Indian Prime Minister Narendra Modi shook hands and embraced on Friday ahead of last weekend’s Brics summit in New Delhi, prompting Indian Commerce Minister Piyush Goyal to post on social media: “A bond that keeps...

A Seoul court ordered Pyongyang on Wednesday to pay roughly US$32.5 million for blowing up in 2020 an office in North Korea that was intended to foster relations between the two Koreas, Yonhap news agency reported. The lawsuit over the destruction of the Inter-Korean Liaison Office marks the first time the South Korean government has sought damages directly from the North, according to media reports. South Korea’s previous conservative government, led by former president ‌Yoon Suk-yeol, filed...