标签: Asia

亚洲

  • Russia’s Syria interests go well beyond air and naval bases

    Russia’s Syria interests go well beyond air and naval bases

    Syrian President Ahmed al-Sharaa’s recent diplomatic engagement in Moscow signifies a substantial evolution in Russian-Syrian relations that transcends mere military logistics. While the preservation of Russia’s air and naval installations in Syria remains strategically vital—particularly for supporting its Africa Corps operations—the bilateral partnership now encompasses far more ambitious nation-building objectives.

    During high-level discussions with President Vladimir Putin, al-Sharaa articulated a comprehensive vision for Russian collaboration in constructing what he termed the ‘New Syria.’ This initiative mirrors the Soviet Union’s historical nation-building endeavors across the Global South during the Cold War era, representing a postmodern approach to international development and influence projection.

    The Russian strategy advances multiple interconnected interests: preserving and expanding commercial activities amid Western sanctions, demonstrating reconstruction capabilities in conflict-affected regions, and strengthening geopolitical partnerships. This model has already shown promising applications in the Central African Republic and the Alliance of Sahelian States, with potential expansion to the Democratic Republic of the Congo and Sudan.

    Contrary to expectations that Russian influence would diminish following the Assad administration, the strengthened Moscow-Damascus alliance now serves as a strategic blueprint for other nations facing similar geopolitical challenges. This includes post-Maduro Venezuela and potentially Iran, where Russia aims to maintain influence despite Western pressure.

    The Syrian paradigm demonstrates that pragmatic partnerships with Russia can provide nations with increased political flexibility while avoiding excessive dependence on Western patrons. This approach has significant appeal for newly US-aligned states, conflict-affected regions, and geopolitically neutral Global South countries seeking balanced international relationships.

    Additionally, Russia’s constructive role in Muslim-majority Syria enhances its soft power within the international ummah (Muslim community), potentially facilitating broader diplomatic engagement across the Islamic world. While military bases remain operationally important, Russia’s comprehensive strategy ultimately seeks to establish itself as a reliable partner for economic development and post-conflict reconstruction.

  • Dubai-based Binghatti’s 2025 net profit nearly doubles to Dh3.58 billion

    Dubai-based Binghatti’s 2025 net profit nearly doubles to Dh3.58 billion

    Dubai’s property sector continues to demonstrate remarkable resilience as Binghatti Holding Ltd, a premier UAE real estate developer, announced extraordinary financial results for 2025. The company revealed a staggering 96% year-on-year surge in net profit, reaching Dh3.58 billion, alongside revenue that nearly doubled to Dh12.43 billion from Dh6.34 billion in the previous year.

    The exceptional performance stems from multiple strategic factors including robust operating leverage, sustained sales momentum, accelerated project completions, and a diversified portfolio spanning mainstream, premium, luxury, and ultra-luxury property segments. CEO Katralnada BinGhatti attributed this success to Dubai’s strong market fundamentals and the company’s vertically integrated business model that ensures quality control while optimizing costs from design to delivery.

    Dubai’s real estate market continues to outperform global counterparts, fueled by consistent population growth, increasing homeownership rates, and steady international capital inflows. Long-term development initiatives including the Dubai Economic Agenda D33 and Dubai 2040 Urban Master Plan further strengthen the city’s economic foundation and sustain housing demand.

    According to Property Monitor data, Binghatti dominated Dubai’s off-plan market in December 2025, capturing a commanding 24.7% market share with 2,965 transactions across multiple developments. Key projects driving this performance included Binghatti Vintage in Majan (883 sales), Binghatti Titania (447 sales), and several other premium developments across Jumeirah Village Circle, Jumeirah Village Triangle, and Business Bay.

    The company maintained impressive profitability metrics with 44% gross margin, 35% EBITDA margin, and 29% net margin. Financially, Binghatti strengthened its balance sheet significantly with total assets growing 92% to Dh24.37 billion and cash reserves reaching Dh8.84 billion, providing substantial liquidity for continued strategic expansion.

    The year concluded with landmark achievements including the launch of Mercedes-Benz Places Binghatti City, the world’s first Mercedes-Benz-branded urban development, and the sale of the Middle East’s most expensive penthouse at approximately $150 million (Dh550.5 million), setting new benchmarks in ultra-luxury residential demand.

  • China’s drug-related cases decline, but new drug challenges emerge

    China’s drug-related cases decline, but new drug challenges emerge

    China’s judicial authorities report a paradoxical shift in the nation’s narcotics landscape, where traditional drug cases have dramatically decreased while novel psychoactive substances emerge as an increasingly formidable challenge. According to data released by the Supreme People’s Court, Chinese courts concluded 23,732 first-instance drug-related cases in 2025, representing a substantial 33.82% decline from the previous year and a remarkable 82.93% reduction from 2015 figures.

    The sustained downward trajectory in conventional drug cases reflects the effectiveness of China’s stringent anti-drug campaigns and enhanced governance measures. However, judicial officials caution that the overall drug situation remains complex and volatile due to evolving international and domestic factors. As traditional substances face intensified suppression, criminal elements have pivoted toward medical narcotics, psychotropic substances, and new psychoactive alternatives for both abuse and trafficking operations.

    This strategic shift has produced alarming regional patterns, with new drug cases surpassing traditional cases in certain provinces—accounting for over half of all drug-related prosecutions in some areas. These novel substances present unique detection challenges as they frequently mimic everyday consumer products including chocolates, cookies, beverages, and e-cigarettes. Their highly concealable nature and deceptive packaging complicate law enforcement efforts while increasing youth vulnerability.

    In response, the Supreme People’s Court has mandated intensified judicial actions against new drug crimes targeting juveniles, with enhanced penalties for smuggling, manufacturing, and large-scale trafficking operations. The judiciary simultaneously emphasizes the need to protect legitimate medical access for patients while ensuring precise legal characterization of offenses and appropriate sentencing standards across all court levels.

  • One family’s journey reflects changes in travel during Spring Festival

    One family’s journey reflects changes in travel during Spring Festival

    The annual Spring Festival travel rush, known as Chunyun, continues to showcase China’s remarkable transportation evolution through the personal journeys of ordinary citizens. Feng Xianzhen from Guigang in the Guangxi Zhuang Autonomous Region recently completed her homecoming trip in a manner dramatically different from just eight years ago.

    This year, Feng and her husband fulfilled their family promise by driving their new energy vehicle home for the traditional reunion, arriving at the Kangzhou South Integrated Energy Station along National Highway G321. The modern service station, part of Sinopec’s network of 700 energy stations providing specialized Spring Festival services, offered free charging, refueling, and food for travelers—a far cry from Feng’s previous travel experiences.

    In 2018, the 38-year-old mother and her husband were part of the renowned ‘motorcycle army’ that characterized Spring Festival migrations. Their journey then involved braving the elements on a motorcycle with their four-year-old son, whose face would become flushed from the prolonged exposure to cold weather during the arduous trip.

    The transformation from motorcycle to new energy vehicle mirrors China’s broader transportation infrastructure development and the growing adoption of eco-friendly travel options. Sinopec’s large-scale initiative during the travel rush period demonstrates how state-owned enterprises are supporting the world’s largest annual human migration event, which sees hundreds of millions of Chinese citizens returning to their hometowns.

    The bright red service tents at energy stations across the country now serve as modern waypoints that contrast sharply with the makeshift rest stops that once served the motorcycle armies. This evolution in travel comfort and convenience reflects both technological progress and improved living standards across China’s regions.

  • Judicial oversight campaign tackles improper enforcement against businesses

    Judicial oversight campaign tackles improper enforcement against businesses

    China’s Supreme People’s Procuratorate (SPP) has released groundbreaking data revealing the substantial impact of its nationwide judicial oversight campaign targeting improper enforcement practices against private enterprises. Between March and December 2025, procuratorial authorities addressed over 19,000 cases involving irregular cross-regional law enforcement and profit-driven enforcement actions that had undermined fair market competition.

    The comprehensive initiative, launched in March 2025, specifically targeted prominent judicial problems that infringed upon the legitimate rights of businesses. Prosecutorial bodies handled more than 9,700 criminal litigation supervision cases, focusing on wrongful case filings, procedural irregularities, and prolonged handling of business-related matters that had created an unfavorable legal environment for enterprises.

    Ge Xiaoyan, SPP Deputy Procurator-General, emphasized the principle of equal treatment for all market entities regardless of ownership structure. ‘Businesses are guaranteed equal access to production factors, fair participation in market competition, and equal protection under the law,’ she stated, adding that violations of corporate property rights face consistent accountability standards.

    The campaign achieved significant corrective outcomes, including the withdrawal of criminal cases involving more than 3,000 individuals and non-prosecution decisions for over 3,500 individuals. Authorities particularly focused on illegal cross-regional arrests, jurisdictional overreach, and misuse of criminal procedures in commercial matters.

    In a major financial rectification, supervisory efforts resulted in the return or release of approximately 26 billion yuan ($3.6 billion) in illegally seized, detained, or frozen assets. Additionally, prosecutors supervised lawful changes to coercive measures for more than 820 individuals affected by improper enforcement actions.

    The initiative also addressed systemic inefficiencies by clearing more than 4,300 long-pending cases and correcting over 210 instances where criminal procedures were improperly applied to civil economic disputes, demonstrating China’s commitment to creating a more predictable and fair legal environment for business operations.

  • Iran president orders start of talks with US, local media reports

    Iran president orders start of talks with US, local media reports

    In a significant diplomatic development, newly elected Iranian President Masoud Pezeshkian has formally authorized the commencement of nuclear negotiations with the United States, according to reports from Iran’s Fars News Agency. The announcement, attributed to an unnamed government source, signals a potential thaw in the longstanding tensions between the two nations.

    The directive comes shortly after former US President Donald Trump expressed optimism about reaching a diplomatic agreement to prevent military escalation. While Fars confirmed that discussions would focus on Iran’s nuclear program, specific details regarding timeline, venue, or negotiation framework remain undisclosed.

    Multiple Iranian media outlets, including the government-owned Iran newspaper and reformist-leaning Shargh daily, have corroborated the report, indicating broad institutional support for the initiative. This development occurs against a backdrop of recent regional tensions, including US warnings to Iran regarding naval exercises in the strategically vital Strait of Hormuz.

    The potential resumption of talks represents the first major diplomatic movement since President Pezeshkian assumed office, suggesting a possible shift in Iran’s approach to international relations regarding its nuclear ambitions.

  • Shanghai deepens expat involvement in political advisory session

    Shanghai deepens expat involvement in political advisory session

    Shanghai has elevated its distinctive approach to inclusive governance by intensifying international resident engagement during its annual political advisory proceedings. The February 2 opening of the fourth session of the 14th Shanghai Municipal Committee of the Chinese People’s Political Consultative Conference featured prominent expatriates as special observers, marking a significant advancement in the city’s democratic innovation strategy.

    Among the distinguished attendees were recipients of Shanghai’s prestigious Magnolia Award, recognizing outstanding foreign contributors to the city’s development. Astrid Poghosyan, 2023 Silver Award honoree and project manager at the Shanghai Symphony Orchestra, participated for the second consecutive year. The Armenian musician commended Shanghai’s exceptional capacity for transforming strategic vision into practical implementation, highlighting the municipal government’s distinctive methodology of policy experimentation and iterative refinement based on integrated feedback from both domestic and international communities.

    Healthcare director Ashish Maskay, 2022 Gold Award laureate, also returned for his secondary observational participation. The seasoned expatriate emphasized the profound significance of including long-term foreign residents who possess dual comprehension of Chinese and global systems, characterizing the initiative as a substantial stride toward more comprehensive policy formulation.

    The proceedings exemplified Shanghai’s ongoing development of ‘whole-process people’s democracy,’ with the municipal advisory body reporting approximately 440 international visitors to its dedicated democratic practice facility throughout the previous year. According to the work report delivered by CPPCC Shanghai Committee Chairman Hu Wenrong, numerous foreign observers have expressed admiration for Shanghai’s governance model, acknowledging its potential as an instructive paradigm for participatory governance mechanisms in global urban centers.

  • Epstein and Steve Bannon discuss Tommy Robinson in newly released files

    Epstein and Steve Bannon discuss Tommy Robinson in newly released files

    Recently disclosed communications have exposed conversations between convicted sex offender Jeffrey Epstein and Steve Bannon, former chief strategist to President Donald Trump, concerning their views on controversial far-right British activist Tommy Robinson.

    The exchange, dated July 3, 2019, began when Epstein shared a news article with Bannon detailing Robinson’s contempt of court conviction. The charge stemmed from Robinson’s live-streaming of a trial involving defendants accused of sexually abusing young girls during 2018 proceedings.

    Bannon responded by characterizing Robinson, whose legal name is Stephen Yaxley-Lennon, as the “‘backbone of England’”—a description he had previously used in off-air comments to LBC radio’s political editor Theo Usherwood in July 2018.

    Epstein’s reply—”Thats why the pound so low”—prompted Bannon’s cryptic response: “Cheap @ any price.” The ambiguous nature of these messages leaves unclear whether the two were genuinely praising Robinson while criticizing Britain or instead mocking the far-right figure.

    Historical context shows this wasn’t their first discussion about the activist. In August 2018, when Robinson was released from prison on contempt charges, Epstein messaged Bannon stating: “Tommy Robinson. !! good work”, to which Bannon simply replied: “Thanks”. Bannon had publicly defended Robinson following his arrest, insisting “he’s got to be released from prison”.

    Robinson, formerly a tanning salon owner, has spent two decades building a violent street movement known for intimidating British-Muslim communities and promoting fears of an Islamic takeover in the UK. His extensive criminal record includes offenses dating to 2003: football brawling, passport fraud, mortgage fraud, drug possession, threatening behavior, and multiple breaches of court orders.

    In 2021, Robinson lost a libel lawsuit against him for falsely claiming a Syrian schoolboy filmed being attacked had himself “violently attacks young English girls in his school”. These demonstrably false comments formed the basis of the successful legal action against him.

  • This Week in Golf: Global stage heats up with full schedules across all tours

    This Week in Golf: Global stage heats up with full schedules across all tours

    The international golf circuit erupts into simultaneous action this week with prestigious tournaments spanning multiple continents and tours. Professional golfers worldwide are competing for critical ranking points, substantial prize pools, and seasonal momentum across seven distinct championships.

    DP World Tour athletes have converged on Doha Golf Club for the Qatar Masters, marking the ninth tournament of the season. The field features notable competitors including Patrick Reed, who recently departed LIV Golf, alongside defending champion Ewen Ferguson and Dubai-based professionals Paul Waring and Johannes Veerman.

    Meanwhile, Dubai’s emerging talent Rayhan Thomas continues his Korn Ferry Tour campaign at the Astara Golf Championship in Bogota, Colombia. Following a challenging performance in Panama where he finished four over par, Thomas remains optimistic about replicating his previous success at the Fundadores Golf Club. ‘The conditions were extremely demanding with strong winds,’ Thomas reflected. ‘I’m confident about this week’s prospects and need minimal adjustments to my technique.’

    The 2026 LIV Golf season commences under stadium lighting at Riyadh Golf Club, featuring a $30 million purse but absent former stars Brooks Koepka and Patrick Reed. Adrian Meronk returns to defend his title amid the league’s revamped broadcasting approach.

    Simultaneously, the Asian Tour initiates its competitive calendar at Manila’s Wack Wack Golf Club, while the PGA Tour prepares for its WM Phoenix Open in Arizona. Justin Rose’s recent victory propelled him to third in official world rankings, creating European dominance with Rory McIlroy and Tommy Fleetwood occupying three of the top four positions.

    The comprehensive schedule includes:
    – LIV Golf Riyadh: February 4-7, $30M purse
    – PGA Tour WM Phoenix Open: February 5-8, $9.6M purse
    – DP World Tour Qatar Masters: February 5-8, $2.75M purse
    – Asian Tour Philippine Championship: February 5-8, $500K purse
    – Korn Ferry Tour Astara Championship: February 5-8, $1M purse
    – MENA Tour Egypt Event: February 3-5, $100K purse

  • Crypto ‘godfather’ David Chaum unveils breakthrough to protect Bitcoin in UAE

    Crypto ‘godfather’ David Chaum unveils breakthrough to protect Bitcoin in UAE

    In a landmark announcement at the World Government Summit in Dubai, cryptocurrency visionary David Chaum has unveiled a revolutionary solution to safeguard Bitcoin against emerging quantum computing threats. The American cryptographer, widely regarded as the founding father of digital currency, demonstrated what he describes as the first practical method to quantum-proof Bitcoin without requiring fundamental changes to its underlying blockchain architecture.

    Chaum’s breakthrough centers on modifying wallet software rather than altering the core blockchain protocol. “This can be implemented without modifying the chain itself, simply by updating the software in users’ digital wallets,” Chaum explained to Khaleej Times. “The solution is immediately deployable and addresses a critical vulnerability that could otherwise compromise Bitcoin’s security infrastructure.”

    The timing coincides with the UAE’s accelerating emergence as a global cryptocurrency hub. Chaum praised the nation’s balanced approach to regulation and innovation, noting: “The UAE is establishing itself as the genuine center of crypto technologies through rigorous standards combined with remarkable diversity across different emirates. The level of interest and energy here is unprecedented.”

    Chaum, who previously attended the summit, expressed particular admiration for UAE leadership’s forward-thinking approach. The event itself, themed ‘Shaping Future Governments,’ brings together international organizations, thought leaders, and private sector representatives to explore technological solutions to global challenges.

    Beyond cryptocurrency security, Chaum addressed broader technological transformations, highlighting artificial intelligence’s growing influence on governance structures. “The fundamental question humanity must confront is how we can leverage AI to enhance self-governance without ceding control to autonomous systems,” he stated, acknowledging the UAE’s rapid integration of AI into government operations.

    Chaum identified privacy as an increasingly critical concern in the AI era, noting that “privacy has evolved from a niche interest to a pivotal issue” as artificial intelligence systems develop unprecedented knowledge about individuals.

    Looking toward the coming decade, Chaum characterized the current period as a historical inflection point: “We’re at a phase change in human history—potentially moving toward either a constrained world or one of greater openness and abundance. My work is dedicated to steering us toward the more positive trajectory.”