Jensen Huang quits Nvidia; non-invasive treatment for kidney tumours: SCMP’s 7 highlights

We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing.

1. Jensen Huang resigns as Nvidia CEO amid affairs scandal

Jensen Huang has resigned as president, chief executive officer and board member of the AI chip giant Nvidia with immediate effect, the firm announced on Thursday, amid media reports of his alleged extramarital affairs.

2. Lithuanian president confirms talks to rename Taiwan office in diplomatic U-turn

Lithuania is in talks with Taiwan over changing the name of a controversial representative office in Vilnius, with its president saying the government is “not obligated” to follow policies that predate it.

3. Richard Li’s FWD sets world record with sale of US$318m life policy

FWD Private (Bermuda), a unit of Hong Kong-listed FWD Group founded by billionaire Richard Li Tzar-kai, has set a new Guinness World Record by selling a US$318 million life insurance policy, the companies said in separate announcements on Tuesday.

4. Expo scrapped as Japanese porn stars refused entry, but authorities reject claims

A major adult entertainment expo billed as Hong Kong’s first was abruptly cancelled on Tuesday after a few of the nearly 30 scheduled Japanese adult-video (AV) performers said they were denied entry at the airport, a claim immigration authorities rejected.

5. Malaysia moves to calm Taipei chip investors after China remarks freeze talks

Malaysia is seeking to reassure Taiwanese investors that it remains a reliable destination for hi-tech manufacturing after Taipei suspended bilateral investment talks over Prime Minister Anwar Ibrahim’s remarks on China, raising concerns over the future of semiconductor investments in the Southeast Asian nation.

6. Sound waves, no scalpel: Li Ka-shing extends cancer therapy to kidney tumours

Hong Kong will become the first city in Asia to conduct clinical trials of a non-invasive treatment for kidney tumours, extending the technology beyond liver and pancreatic cancers, with tycoon Li Ka-shing funding places for 30 patients across three private hospitals.

7. Chinese man, 30, retires on US$30,000 annual rent from 14 flats

After spending more than 2 million yuan (US$300,000) on old flats and retiring at the age of 30 on rental income, one young landlord’s decision to switch from rent to dividends has struck a chord across China.