Clear filters Clear Filters
Trump, Xi weigh AI ‘guardrails’ as Nvidia chip exports hang in the balance
SCMP

Trump, Xi weigh AI ‘guardrails’ as Nvidia chip exports hang in the balance

US President Donald Trump and Chinese officials discussed artificial intelligence “guardrails” and Nvidia’s H200 chips during his just-ended state visit to Beijing. Speaking to reporters on Air Force One during his return flight, Trump said the two sides “talked about possibly working together for guardrails” on AI, characterising them as “standard guardrails that we talk about all the time”. Rega...

Ukraine war: 36 nations approve tribunal creation to prosecute Russia over invasion
SCMP

Ukraine war: 36 nations approve tribunal creation to prosecute Russia over invasion

Thirty-four European states plus Australia, Costa Rica and the EU said on Friday they would join a future special tribunal for Ukraine to prosecute Russia over its invasion of the country. Ukrainian President Volodymyr Zelensky signed an accord with the Council of Europe last year to create a legal body to prosecute the “crime of aggression” in the invasion Russia launched in February 2022. The Co...

China’s Xi Jinping to pay first state visit to US in more than a decade
SCMP

China’s Xi Jinping to pay first state visit to US in more than a decade

Chinese President Xi Jinping is expected to pay a state visit to the US in September, the first in more than a decade, as the two powers seek stability amid their deepening rivalry. Shortly after leaving Beijing, where he held a summit with President Xi Jinping, US President Donald Trump told reporters on Air Force One that he and his Chinese counterpart would meet three more times this year. He s...

Xi Jinping to pay first state visit to US in more than a decade, Trump says
SCMP

Xi Jinping to pay first state visit to US in more than a decade, Trump says

Chinese President Xi Jinping is expected to pay a state visit to the US in September, the first in more than a decade, as the two powers seek stability amid their deepening rivalry. Shortly after leaving Beijing, where he held a summit with President Xi Jinping, US President Donald Trump told reporters on Air Force One that he and his Chinese counterpart would meet three more times this year. He s...

IMF lauds resilient Hong Kong economy, but warns of risks linked to Middle East war

IMF lauds resilient Hong Kong economy, but warns of risks linked to Middle East war

SCMP

The International Monetary Fund (IMF) has lauded the resilience of Hong Kong’s economy, noting a sustained recovery despite economic activity having yet to return to pre-Covid levels, while warning of downside risks stemming from escalating geopolitical tensions. It also urged Hong Kong to pursue medium-term financial reforms, including the introduction of a goods and services tax, to stabilise an...

IMF lauds resilient Hong Kong economy but warns of risks linked to Middle East war

IMF lauds resilient Hong Kong economy but warns of risks linked to Middle East war

SCMP

The International Monetary Fund (IMF) has lauded the resilience of Hong Kong’s economy, noting a sustained recovery despite economic activity having yet to return to pre-Covid levels, while warning of downside risks stemming from escalating geopolitical tensions. It also urged Hong Kong to pursue medium-term financial reforms, including the introduction of a goods and services tax, to stabilise an...

What did American allies make of Trump’s trip to China to meet Xi?

What did American allies make of Trump’s trip to China to meet Xi?

SCMP

The summit between presidents Xi Jinping and Donald Trump was watched closely around the world for welcome moves towards stability but it also triggered anxiety among traditional US allies. In Japan, Prime Minister Sanae Takaichi was arranging calls with Trump and making plans to visit South Korea as the meetings in Beijing wrapped up, according to Japanese public broadcaster NHK. It quoted a gove...

Eye on the tiger: how Elon Musk’s son’s bag became a hit with Chinese public

Eye on the tiger: how Elon Musk’s son’s bag became a hit with Chinese public

SCMP

A Chinese-made tiger’s head bag carried by Elon Musk’s young son in Beijing has prompted a wave of interest online. Musk’s six-year-old son X Æ A-Xii, dressed in a Chinese style silk jacket, was pictured carrying the brown shoulder bag with a tiger’s face when he visited the Great Hall of the People with his father in Beijing. The photo quickly went viral on Chinese social media. The Tesla boss wa...

Hong Kong’s M+ museum to showcase collections in Paris under 5-year deal

Hong Kong’s M+ museum to showcase collections in Paris under 5-year deal

SCMP

Collections from Hong Kong’s M+ museum will be exhibited in Paris alongside those from Centre Pompidou in France under a five-year deal signed by the two institutions, which also covers research and talent exchange. The memorandum of understanding for a multi-year strategic partnership was signed on Friday by Suhanya Raffel, M+ director, and Laurent Le Bon, Centre Pompidou’s president, at the Hong...

Trump poured millions into Nvidia, Apple in first quarter, ethics filing shows

Trump poured millions into Nvidia, Apple in first quarter, ethics filing shows

SCMP

US President Donald Trump invested millions of dollars in Apple and Nvidia in the first quarter, according to financial disclosures released as he was wrapping up his first state visit to China since 2017. According to a filing disclosed by the US Office of Government Ethics on Thursday, Trump increased investment in Apple and Nvidia, whose CEOs were part of the president’s high-profile business d...

Beijing had already won before the Trump-Xi summit even started

Beijing had already won before the Trump-Xi summit even started

SCMP

Fans of Leo Tolstoy’s War and Peace all have their own reasons for loving the epic novel. Some read it as a story of personal growth, reflected in Prince Andrei’s spiritual quest. Others favour its portrayal of the Russian aristocracy in the early 19th century. As for myself, the novel punctured the myth of the military genius – not just Napoleon’s. The book’s final section on Tolstoy’s philosophy...

Maldives rescuers search for missing Italian divers in underwater cave

Maldives rescuers search for missing Italian divers in underwater cave

SCMP

Rescue teams in the Indian Ocean archipelago of the Maldives searched for a second day Friday for the bodies of four missing Italians following the country’s deadliest diving accident, officials said. Italy’s foreign ministry said on Thursday night that five citizens had died while diving, with Maldivian authorities recovering one body. Maldives Minister of Tourism Mohamed Ameen said coastguard of...

Trump, touting deal, says China to buy 200 Boeing jets with promise for more

Trump, touting deal, says China to buy 200 Boeing jets with promise for more

SCMP

US President Donald Trump said China has agreed to purchase at least 200 commercial aircraft from Boeing, and up to 750 if certain conditions are met – a commitment which would end a nearly decade-long order drought – following a state visit to Beijing, where Trump said a purchase of up to 450 aircraft engines from General Electric was also agreed upon. “We made a lot of great trade deals, includi...

Trump’s top science adviser visited Beijing. What does that mean for AI?

Trump’s top science adviser visited Beijing. What does that mean for AI?

SCMP

The presence of President Donald Trump’s top science adviser and Nvidia CEO Jensen Huang in the US delegation to Beijing this week has drawn attention to whether AI was on the talks’ agenda. When asked if the talks between Trump and his Chinese counterpart Xi Jinping produced any results relevant to AI collaboration, Chinese foreign ministry spokesman Guo Jiakun did not give a direct answer. “Chin...

6 bids for Hong Kong land sale signal renewed confidence despite market caution

6 bids for Hong Kong land sale signal renewed confidence despite market caution

SCMP

The Hong Kong government’s first land sale in the current financial year has drawn six bids, according to the Development Bureau, including those from the city’s largest developers, suggesting a more confident outlook for the residential property market. At the close of tender for Tung Chung Town Lot No 54 at Area 106A on Friday noon, Sun Hung Kai Properties (SHKP) submitted a solo bid, while Kerr...

Stephen Miran, Trump’s economic guru, is leaving the Fed. What happens now?

Stephen Miran, Trump’s economic guru, is leaving the Fed. What happens now?

SCMP

Stephen Miran’s departure from the US Federal Reserve Board of Governors will smooth the leadership transition to incoming chair Kevin Warsh, but his exit is unlikely to alter the central bank’s policy trajectory, analysts said. The move is also sparking speculation about what comes next for Miran – a former top economic adviser to US President Donald Trump – with market watchers debating whether ...

Embattled Hong Kong developer sued for HK$130 million, days after founder’s death

Embattled Hong Kong developer sued for HK$130 million, days after founder’s death

SCMP

A Hong Kong property developer has been sued for HK$130 million (US$16.6 million) over allegedly breaching guarantor obligations in two bond subscription agreements, becoming the latest lawsuit to implicate the embattled company and following its founder’s sudden death earlier this week. Lofter Group, known for its urban renewal projects across the city’s core districts, and an affiliated company ...

Inside Zhongnanhai: Xi welcomes Trump into China’s hidden heart before bidding goodbye

Inside Zhongnanhai: Xi welcomes Trump into China’s hidden heart before bidding goodbye

SCMP

Beyond the crimson walls west of the Forbidden City, where broad lakes shimmer beside stately pavilions and lush greenery, Zhongnanhai has long stood as the secluded heart of Chinese power – a political sanctuary where phones fall silent and access is tightly controlled. Yet there was a rare glimpse of the interior of the walled-off compound on Friday morning, as President Xi Jinping hosted Donald...

Western powers ramp up support for Philippines’ Luzon economic hub

Western powers ramp up support for Philippines’ Luzon economic hub

SCMP

A widely touted economic hub in the Philippines will involve eight more countries, signalling greater international confidence in the long-term viability of the ambitious project to boost connectivity and trade in a key region. The Luzon Economic Corridor (LEC), a trilateral infrastructure initiative led by the US, Japan, and the Philippines, is set to receive additional support from Canada, Austr...

Africa confirms fatal Ebola outbreak in Congo, urgent cross-border meeting called

Africa confirms fatal Ebola outbreak in Congo, urgent cross-border meeting called

SCMP

The Africa Centres for Disease Control and Prevention (CDC), the continent’s top public health body, on Friday confirmed a new Ebola outbreak in Congo’s remote Ituri province, with 246 suspected cases and 65 deaths recorded so far. The deaths and suspected cases have been recorded mainly in the Mongwalu and Rwampara health zones, the organisation said in a statement. The Ebola virus is highly cont...

After Trump visit, China’s top party journal doubles down on manufacturing push

After Trump visit, China’s top party journal doubles down on manufacturing push

SCMP

Shortly after US President Donald Trump departed Beijing, China’s ruling Communist Party has called for strengthening the real economy – particularly manufacturing – to gain a competitive edge in the global economy. An article in Qiushi, set to be published on Saturday, curated selections from past speeches by President Xi Jinping to reiterate “our economy was built on the real economy and it must...

China couple diagnosed with rare autoimmune disorder together have lost newborn baby

China couple diagnosed with rare autoimmune disorder together have lost newborn baby

SCMP

A young Chinese couple who were both diagnosed with a rare autoimmune disorder a year after getting married have lost their newborn baby. The couple in northern China’s Tianjin municipality were diagnosed with Bickerstaff brainstem encephalitis last year. The husband, surnamed Li, said only four couples in the world had been diagnosed with the disorder at the same time, and they were the first cas...

Chinese EV makers hunt for idled plants in Europe as they expand global influence

Chinese EV makers hunt for idled plants in Europe as they expand global influence

SCMP

Chinese electric vehicle (EV) makers, from BYD to Leapmotor, are voraciously seeking out manufacturing assets in Europe as the global energy crisis creates surging demand for battery-powered vehicles. Their pursuit of idled European assembly facilities owned by big names like Stellantis and Volkswagen is disrupting the pecking order in the global automotive industry, as the Chinese carmakers’ desi...

Chinese tourist banned from Thailand for life after kicking, damaging US$15,000 auto-gates

Chinese tourist banned from Thailand for life after kicking, damaging US$15,000 auto-gates

SCMP

A Chinese tourist has been barred from returning to Thailand for life after he allegedly kicked and damaged automated passport control gates at Bangkok’s main airport, in a case that comes amid a wider Thai crackdown on foreign visitors accused of disorderly behaviour. The 30-year-old man, identified by Thai media as Zheng Liwei, was accused of damaging two automatic gates at Suvarnabhumi Airport ...

‘Panic’ over capacity crunch in mature node chips drives orders to Chinese foundries

‘Panic’ over capacity crunch in mature node chips drives orders to Chinese foundries

SCMP

The global AI boom is driving orders back to Chinese foundries as overseas rivals shift production towards high-margin AI chips and high-bandwidth memory, creating a shortage in mature-node semiconductors, according to the head of China’s top contract chipmaker. “AI demand has directly pushed power-management and other mature capacity into shortage,” said Zhao Haijun, co-CEO of Semiconductor Manuf...

Putin follows Trump to China, Xi hosts US president, Baidu earnings

Putin follows Trump to China, Xi hosts US president, Baidu earnings

SCMP

Russian President Vladimir Putin will travel to China next week, days after US counterpart Donald Trump concluded a visit that was heavy on ceremony and light on substance. Putin’s one-day trip will take place on Wednesday, the South China Morning Post said, citing unidentified sources. It is unlikely there will be any elaborate parades or welcome ceremony for the routine visit, according to the r...

Finland warns of drone scare near Helsinki, fighter jets scrambled, flights diverted

Finland warns of drone scare near Helsinki, fighter jets scrambled, flights diverted

SCMP

Finland warned the public of drones possibly entering its airspace, for the first time near the capital city Helsinki, in the early hours of Friday. Flights were disrupted at the country’s biggest airport, Helsinki-Vantaa, and about 1.8 million residents of southern Finland were told to remain indoors after overnight Ukrainian strikes on Russia near Finland prompted concern that unmanned aircraft ...

Gunfire, farce and fugitive Philippine Senator Bato dela Rosa

Gunfire, farce and fugitive Philippine Senator Bato dela Rosa

SCMP

The Philippine Senate has witnessed political coups, scandals and the occasional shouting match. It had never, until this week, seen a sitting senator sprint down its corridors in a muddy olive shirt, knocking aside female investigators like bowling pins, to avoid an international arrest warrant for crimes against humanity. That was Monday. By Wednesday night, gunshots were ringing out in the buil...

Xi-Trump summit: can ‘aspirational’ new vision for stability survive strategic rivalry?

Xi-Trump summit: can ‘aspirational’ new vision for stability survive strategic rivalry?

SCMP

President Xi Jinping’s new formula for China-US relations is “aspirational”, but the “real test” will be ensuring the two powers can work together despite their deepening rivalry, a leading Chinese political observer has cautioned. During his much-anticipated summit with US President Donald Trump in Beijing on Thursday, Xi said that the two leaders had “agreed on a new vision of building a constru...