JP Morgan boss Jamie Dimon to warn UK chancellor against bank tax hike
The Guardian •

JP Morgan boss Jamie Dimon to warn UK chancellor against bank tax hike

Wall Street billionaire’s meeting with John Healey comes amid deep speculation over higher windfall tax on banks in October budgetJamie Dimon, the boss of the largest US bank JP Morgan, is set to warn John Healey against raising taxes on banks in his inaugural budget in October.The Wall Street billionaire will meet the new chancellor on Wednesday and caution him that higher taxes could put investm...

Hong Kong Medical Council rejects proposal on time frame for handling complaints

Hong Kong Medical Council rejects proposal on time frame for handling complaints

SCMP •

Hong Kong’s medical watchdog has said a target time frame for handling complaints will not be necessary as it presented its rebuttal against a government proposal that includes major reforms to its operations, disciplinary sentencing, internal supervision and membership make-up. The Medical Council on Tuesday presented its views on the government’s proposed amendments, which were first laid out in...

Malaysia’s ruling PH restates anti-corruption pledge as Najib’s potential pardon looms

Malaysia’s ruling PH restates anti-corruption pledge as Najib’s potential pardon looms

SCMP •

Malaysia’s ruling Pakatan Harapan (PH) coalition has doubled down on its pledge to stamp out corruption, as all eyes turn to the country’s Pardons Board, which is reportedly set to discuss the possible release of disgraced former leader Najib Razak at a meeting this week. The Pardons Board, chaired by the country’s king, is expected to meet on Friday to discuss potentially granting Najib clemency ...

Chinese AI firm DeepSeek taps underwriters including Citic Securities for IPO: sources

Chinese AI firm DeepSeek taps underwriters including Citic Securities for IPO: sources

SCMP •

Chinese frontier artificial intelligence lab DeepSeek has hired underwriters including Citic Securities in preparation for a domestic initial public offering (IPO), according to two people familiar with the matter. Citic Securities was one of the four underwriters tapped by the Hangzhou-based firm, which aims to begin the IPO process this year to list on the Shanghai Stock Exchange’s Nasdaq-like S...

The world's third global aerospace market: India's civil aviation sector takes off

The world's third global aerospace market: India's civil aviation sector takes off

France 24 •

The aviation sector is one of the India's strongest-performing industries. More than 70 airports have been built over the past decade, and the country counts over 400 million air passengers annually. In just ten years, India has become the world's third-largest aviation market, behind China and the United States.

Tung Chee-hwa remembered as kind, approachable Hong Kong leader

Tung Chee-hwa remembered as kind, approachable Hong Kong leader

SCMP •

Tung Chee-hwa, Hong Kong’s first leader following its return to Chinese sovereignty, has been remembered as a “kind-hearted man” who mentored others and inspired some to take up public office. As tributes poured in for Tung, who died on Tuesday aged 89, people who worked closely with him shared touching anecdotes about the man they said cared deeply about Hong Kong even in the years after he stepp...

‘His heart was always with Hong Kong’: tributes pour in for Tung Chee-hwa

‘His heart was always with Hong Kong’: tributes pour in for Tung Chee-hwa

SCMP •

Tung Chee-hwa, Hong Kong’s first leader following its return to Chinese sovereignty, has been remembered as a “kind-hearted man” who mentored others and even inspired some to take up public office. As tributes poured in for Tung, who died on Tuesday at age 89, people who worked closely with him shared touching anecdotes about the man they said cared deeply about Hong Kong’s issues even in the year...

Norwegians bid final farewell to King Harald V, ‘grandfather of the nation’

Norwegians bid final farewell to King Harald V, ‘grandfather of the nation’

SCMP •

Norway observed a nationwide minute of silence on Wednesday at the funeral of King Harald V, a modern and unifying figure whose end of reign was tarnished by scandals. His son and heir King Haakon VIII, Ukraine President Volodymyr Zelensky, Britain’s Prince William and other foreign dignitaries stood in silence in the halls of Oslo’s Lutheran cathedral in memory of the late monarch, who died on Au...

Delhi’s test: make Brics work without making it work against India

Delhi’s test: make Brics work without making it work against India

SCMP •

When leaders of the Brics group of emerging economies meet in New Delhi on September 12-13, India will confront an awkward paradox: the grouping has never been bigger or harder to make coherent. What informally began as a four-member bloc comprising Brazil, Russia, India and China in 2006 has expanded into a grouping spanning Asia, Africa, the Middle East and Latin America. Its members include maj...

Ex-Hong Kong leader Tung Chee-hwa worked to bridge US-China divide even in final years

Ex-Hong Kong leader Tung Chee-hwa worked to bridge US-China divide even in final years

SCMP •

Tung Chee-hwa, Hong Kong’s first chief executive who died on Tuesday at 89, kept a low profile in the final years of his life, making only a few public appearances but continuing to help bridge the China-US divide. Wearing a face mask and accompanied by his wife Betty Tung Chiu Hung-ping, Tung visited the South China Morning Post’s headquarters in Causeway Bay on December 1, 2020, to deliver a key...

Paramount’s 2,700-acre film ranch rebuilt after 2018 wildfire destroyed most of it

Paramount’s 2,700-acre film ranch rebuilt after 2018 wildfire destroyed most of it

Times of India •

Paramount Ranch in California, a historic Hollywood filming site, is being rebuilt nearly eight years after the 2018 Woolsey Fire destroyed most of its buildings and sets. The National Park Service is spending $26 million on the project, with new fire-safe structures being built in the footprints of historic Paramount-era buildings. The ranch is expected to reopen in 2027.

New satellite images show major construction surge at Iran’s Pickaxe nuke site

New satellite images show major construction surge at Iran’s Pickaxe nuke site

Times of India •

Construction activity has significantly increased at Iran's underground Pickaxe Mountain nuclear site this year. The United States is developing new weapons to target deeply buried facilities. President Trump has repeatedly threatened strikes on the heavily fortified Iranian location. The US military maintains operational plans for potential strikes against the site. This renewed scrutiny occu...

Germany’s Merz cancels phone call with Trump after social media post celebrating AfD win – Europe live

Germany’s Merz cancels phone call with Trump after social media post celebrating AfD win – Europe live

The Guardian •

Spokesperson for Merz declines to give a reason for cancellation, but notes that it was not due to schedulingBack to Oslo, the funeral procession for King Harald is about the begin, and the 1.2km route to the Oslo Cathedral is lined up with 1,900 soldiers from all branches of the Norwegian defence forces.The procession is expected to walk very slowly – at around 60 steps per minute – and will incl...