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Iran does not believe the US has leverage to turn Beijing against Tehran, its ambassador to China said. Abdolreza Rahmani Fazli’s remarks came amid speculation Washington may offer Beijing trade concessions or tariff relief in exchange for pressuring Iran into accepting a peace deal during US President Donald Trump’s trip to China next week. “Iran and China … share very common views on issues such...
Chipmaking giant Nvidia’s deepening partnership with US fibre optics maker Corning to replace copper links in next-generation rack-scale artificial intelligence systems is shining a spotlight on mainland China’s optical communications supply chain. The domestic optical value chain is also doubling down on AI scenarios, emerging as the global bedrock for the high-capacity components required to pow...
China’s health authorities have tried to address public concern about the recent hantavirus outbreak by saying there was no cause for concern. The Chinese Centre for Disease Control and Prevention (CDC) said on Friday that the country had recorded no human infections from the strain of the virus linked to the current outbreak. It is thought to have its origins in the Andes and the CDC said there w...
Secretary for Constitutional and Mainland Affairs Janice Tse Siu-wa has emerged as the biggest landlord among Hong Kong ministers after declaring that she has 25 properties in her name in the city, mainland China and the UK. The 61-year-old constitutional affairs chief also revealed that she or her family held shareholdings of more than 1 per cent in eight private companies, including two food-ing...
The clock is ticking: the European Union has about two years to decide if it is willing to make the sacrifices and take the risks necessary to become the economic and political power it envisions itself to be. The EU’s proposed Industrial Accelerator and Cyber Security acts are up for negotiation within the bloc’s policymaking bodies. In around two years’ time, we will know their final form. Beiji...
The recently concluded Balikatan joint drills have marked a shift in the Philippines’ defence strategy alongside Japan, with Tokyo offering the transfer of warships to its Southeast Asian ally, while a top Filipino official for the first time voiced “serious concern” over islands claimed by Beijing and Tokyo. Philippine Defence Secretary Gilberto Teodoro Jnr on Wednesday said Manila now considered...
Passengers aboard a cruise ship affected by a deadly hantavirus outbreak will start being flown to their countries of origin after the vessel arrives in the Canary Islands on Sunday, the Spanish government said on Friday. The MV Hondius is scheduled to reach the port of Granadilla on the island of Tenerife, off the coast of West Africa, on Sunday morning, cabinet minister Angel Victor Torres told ...
The operations of Hong Kong’s Economic and Trade Office (HKETO) in London will remain unaffected by a UK spying verdict, observers have said, arguing that the British government is unlikely to seek the body’s closure so as to maintain relations with Beijing. A British court on Thursday found Bill Yuen Chung-biu, the London HKETO’s manager, and Peter Wai Chi-leung, a retired Hong Kong police superi...
Overseas-invested securities firms collectively saw income from their China businesses skyrocket in 2025, as combined net profits climbed more than fourfold from a year earlier to 2.65 billion yuan (US$390 million), according to their annual reports. However, while the industry’s bottom line surged last year – fuelled by China’s lifting of capital restrictions and a rebound in the capital market –...
China-Russia ties can withstand any potential containment efforts despite Washington’s long-standing hopes of driving a wedge between the two, a senior Chinese policy adviser has said, citing deep-seated US-Russia “contradictions” within what he called a “great triangle” of relations. Wu Dahui, deputy director of the Russian Research Institute at Tsinghua University, said while China and Russia we...
[The content of this article has been produced by our advertising partner.] Hong Kong, May 8, 2026 — PT MNC Digital Entertainment Tbk (“MNC Digital” or “MSIN”) officially unveils V+Short, its premium micro drama platform, in a highly anticipated launch event held at The Peninsula Hong Kong. Designed for a fast-evolving, mobile-first audience, V+Short introduces a new era of storytelling through im...
The “mechanical mindset” of Hong Kong building authorities has come under scrutiny at a hearing into the city’s deadliest fire in decades, with a former inspection director conceding his team had “blindly” followed outdated guidelines when deciding not to conduct on-site audits of renovation works at the housing estate ravaged in the blaze. Rudolf Lau Fu-kwok, who was the head of the Housing Burea...
The Chinese University of Hong Kong (CUHK) will dip into its reserves to repay a HK$4 billion (US$510.9 million) government loan owed by its debt-ridden private hospital, the institution’s council chairman has said. The finances of CUHK Medical Centre were on the agenda of Friday’s Legislative Council health panel meeting, but the discussion was rescheduled because the time was used up for other m...
A US$30 million carbon credit deal by tech giant Amazon with India’s Good Rice Alliance will boost carbon markets globally, according to experts, potentially showing agriculture – as well as industry – can be at the heart of emission reductions. The organisation, primarily backed by Bayer and in collaboration with GenZero and Shell, is designed to transform emissions-heavy rice cultivation in Indi...
Hong Kong flag carrier Cathay Pacific Airways will lower its fuel surcharges for passenger flights by as much as 12.9 per cent from May 16, after a series of increases that began in March. For long-haul flights, the surcharge will fall from HK$1,560 (US$199) to HK$1,362 per leg of the trip. The rate for medium-haul journeys, such as those between Hong Kong and South Asia, will drop to HK$633, down...
Hong Kong flag carrier Cathay Pacific Airways will lower its fuel surcharge fees for passenger flights by as much as about 14 per cent from May 16, after a series of increases that began in March. For long-haul flights, the surcharge will fall from HK$1,560 (US$199) to HK$1,362 per leg of the trip. For shorter journeys, such as those between Hong Kong and South Asia, the rate will drop to HK$633, ...
Three People’s Liberation Army Navy (PLAN) warships were spotted transiting the Tsushima Strait en route to the East China Sea last week, as Tokyo closely tracks such passages amid heightened regional tensions. The vessels were two Type 055 guided-missile destroyers and a Type 052D destroyer, according to Japan’s Ministry of Defence and Self-Defence Forces on Saturday. The ministry said the Japane...
Beijing and Manila have traded barbs over a Chinese research vessel near a disputed South China Sea reef, with each warning of further countermeasures, a sign of lingering tensions between the two rival claimants. In a statement issued on Thursday night, China Coast Guard (CCG) spokesman Jiang Lue said a Philippine Coast Guard Islander aircraft had “deliberately approached and harassed” China’s Xi...
China’s rapid technological gains and aggressive pricing are making it increasingly difficult for South Korean firms to find profitable areas of industrial synergy with their Chinese counterparts, according to experts. Speakers at a recent forum in Beijing urged firms from both countries to pivot towards building more interdependent ecosystems in high-growth sectors such as batteries and artificia...
Three years after some Chinese youngsters chose to become “full-time children”, some said it was not a cure-all for their plight in China’s tense job market. The title “full-time children” went viral in 2023 in China, when some young people became a “full-time employee” of their parents. They received monthly salaries from their parents, ranging from 1,000 yuan (US$150) to over 5,000 yuan, dependi...
Prime Minister Keir Starmer vowed on Friday to fight on to deliver on his promise to bring “change” to Britain after his Labour Party suffered heavy losses in local election that deepened doubts over his ability to govern. Just under two years after winning a landslide national election, Starmer saw voters punish his Labour government, dealing it a blow in some of its traditional strongholds in f...
The Hong Kong government has appointed veteran politician Jeffrey Lam Kin-fung to chair the board of directors of the Hung Shui Kiu Industry Park Company – the first entity established to accelerate the development of the Northern Metropolis project. The Development Bureau said on Friday that the board of directors comprises five bureau chiefs and five non-official members, tasked with formulating...
Malaysia’s nascent electric vehicle market may be decimated before it gets up to speed, as business experts warn of a sharp drop in demand and delay in the renewable energy transition if the government imposes strict price curbs on imported units from July, in a move to protect the country’s vehicle makers. The ministry of investment, trade and industry (Miti) on Wednesday announced that from July...
China’s coastal aquaculture ponds are shrinking due to environmental policies while India’s are expanding at the fastest rate of any country, according to a new bird’s-eye view of fish farms worldwide. The conclusions are based on a fresh dataset compiled from millions of satellite snapshots of coastal aquaculture around the world in 2022. From 1990 to 2016, the global pond area for aquaculture ex...
US President Donald Trump will bring a scaled-back group of chief executive officers with him on a trip to Beijing next week, reflecting limited expectations for a summit that may be overshadowed by the war on Iran. The White House considered inviting about a dozen business leaders on the May 14-15 trip, compared with the 29 high-profile executives on Trump’s last visit in 2017, Reuters said, citi...
An Australian man has been remanded in custody and hit with fresh charges in Hong Kong for fleeing restaurants without paying more than HK$2,000 (US$255) in bills, just a day after being fined for similar offences. Samuel Anthony Monkivitch, 50, was detained soon after he pleaded guilty at Eastern Court on Thursday to three charges – two of failing to pay HK$1,200 in bills at a restaurant and a ma...
An Australian man has been remanded in custody and hit with fresh charges in Hong Kong for fleeing restaurants without paying more than HK$2,000 (US$255) in bills, just a day after being fined for similar offences. Samuel Anthony Monkivitch, 50, was detained soon after he pleaded guilty at Eastern Court on Thursday to three charges – two of failing to pay HK$1,200 in bills at a restaurant and a ma...
An AI-powered database tracking corruption cases against Malaysia’s politicians was independently launched on Friday, putting fresh scrutiny on the status and outcomes of the country’s biggest graft prosecutions across administrations. The Prosecutorial Accountability Watch (PAW), built by civil society group Projek SAMA and hosted with news outlet Malaysiakini, tracks 33 high-profile cases involv...
The administration of US President Donald Trump is inviting American CEOs from Boeing, Mastercard, Citigroup and other major corporations to join his delegation to China next week, according to multiple sources. Trump is visiting China on May 14 and 15 after his scheduled visit for March 31 was postponed following the US-Israeli strikes on Iran. Boeing, Mastercard and Citigroup declined to comment...
Even as “China shock 2.0” is roiling Western manufacturers, we must, it seems, brace for “China shock 3.0” – to the global food economy – as President Xi Jinping doubles down on the imperative that has obsessed Beijing for decades: food security. “China’s Food Future”, a consultation paper by Systemiq funded by the California-based Gordon and Betty Moore Foundation, warns that China is poised to “...
