China’s economy cools amid debate about risks of global crisis
SCMP

China’s economy cools amid debate about risks of global crisis

China’s retail sales growth trailed expectations, the pace of industrial output expansion slowed and a drop in investment worsened as its economy struggled to regain pace at the start of the second half of the year. July retail sales rose by 0.6 per cent, missing the 1.3 per cent expectation among economists polled by financial data provider Wind, and slowing from June’s 1 per cent rate. Industria...

CXMT value tops 4 trillion yuan as AI-fuelled memory rally lifts China’s chip champion
SCMP

CXMT value tops 4 trillion yuan as AI-fuelled memory rally lifts China’s chip champion

Shares of ChangXin Memory Technologies (CXMT), China’s leading DRAM maker, jumped 12 per cent on Monday to close at a record 61.80 yuan (US$9.16), lifting its market capitalisation to 4.13 trillion yuan and extending its lead as China’s most valuable listed company. The Hefei-based chipmaker first overtook Hong Kong-listed Tencent Holdings on Thursday as China’s most valuable listed company, when ...

CXMT tops 4 trillion yuan as AI-fuelled memory rally lifts China’s chip champion
SCMP

CXMT tops 4 trillion yuan as AI-fuelled memory rally lifts China’s chip champion

Shares of ChangXin Memory Technologies (CXMT), China’s leading DRAM maker, jumped 12 per cent on Monday to close at a record 61.80 yuan (US$9.16), lifting its market capitalisation to 4.13 trillion yuan and extending its lead as China’s most valuable listed company. The Hefei-based chipmaker first overtook Hong Kong-listed Tencent Holdings on Thursday as China’s most valuable listed company, when ...

Belgium tackles enormous wildfire as French PM booed on visit to affected region – Europe live

Belgium tackles enormous wildfire as French PM booed on visit to affected region – Europe live

The Guardian

Wildfire thought to be largest in Belgium’s history creeps closer to German border prompting evacuationsOver in France, prime minister Sébastien Lecornu was booed on arrival to Le Porge, one of the towns most affected by the massive wildfire in the Gironde region last month.Lecornu was set to meet with the local officials to discuss the reconstruction of the region, but a clip published by BFMTV s...

Ebola outbreak in Democratic Republic of the Congo now deadliest in country’s history

Ebola outbreak in Democratic Republic of the Congo now deadliest in country’s history

The Guardian

At least 2,325 people have died from the virus, according to official data, with outbreak on track to be biggest in historyThe Ebola outbreak in the Democratic Republic of the Congo is now the deadliest in the country’s history with at least 2,325 people killed, according to government data, surpassing the toll from the 2018-20 outbreak.The DRC’s public health institute said confirmed cases had ri...

Hong Kong tourist arrivals up 3% in July as bad weather curbs mainland growth

Hong Kong tourist arrivals up 3% in July as bad weather curbs mainland growth

SCMP

Hong Kong recorded about 4.5 million visitor arrivals in July, up 3 per cent from a year earlier, as major international conventions boosted business travel while bad weather weighed on growth from mainland China, according to the Tourism Board. The board said on Monday that a series of major international meetings, incentives, conventions and exhibitions (MICE), including the 108th Lions Internat...

Ebola outbreak in DR Congo now deadliest ever

Ebola outbreak in DR Congo now deadliest ever

France 24

The Ebola outbreak in Democratic Republic of Congo is now the deadliest in the country's history, according to the latest government data, with 2,235 reported killed from the virus. Confirmed cases have risen to 4,945, including 101 new cases detected in the last 24 hours, Congo's public health institute said. 

China’s property recovery is fragile, but ignoring it is a mistake

China’s property recovery is fragile, but ignoring it is a mistake

SCMP

Global commercial real estate investment markets are roaring back to life. In the first half of this year, direct investment in commercial property rose 27 per cent in annualised terms. The sharpest increase was in the Asia-Pacific, where transaction volumes were up 38 per cent to US$92.5 billion, the strongest half-yearly performance on record, according to data from JLL. While there have been ma...

Mark Cuban helps heart transplant survivor access drug after insurer stops covering it

Mark Cuban helps heart transplant survivor access drug after insurer stops covering it

Times of India

At 11, Payton Herres received a donated heart after years of health problems caused by Ebstein’s anomaly. Fifteen years later, she faced a fight to access everolimus, the anti-rejection medicine she had relied on since 2013. After her insurer stopped covering the drug and its cost rose sharply, Herres turned to social media. Her story went viral and reached Mark Cuban, whose pharmacy began supplyi...

Singaporeans urge forest protection at rally as housing plans spur concerns

Singaporeans urge forest protection at rally as housing plans spur concerns

SCMP

Thousands of people have rallied in Singapore against plans to build homes on two forested sites in a large public display of concern over how the land-scarce city state should balance housing demand with conservation. The projects have brought renewed urgency to a long-running debate over land use: activists say remaining mature forests should be protected, while the government says conserving mo...

Typhoon Rose capsizes ferry in Hong Kong, killing 88 – SCMP archive

Typhoon Rose capsizes ferry in Hong Kong, killing 88 – SCMP archive

SCMP

This article was first published on August 18, 1971. Ferry disaster: no hope for missing crew by T. S. Koo A large but undetermined number of the crew of the Hongkong-Macao ferry Fatshan, including her master and senior British officers, were feared drowned when she capsized off Lantao during the typhoon early yesterday (August 17, 1971). So far four survivors have been picked up, and four bodies ...

Labor pledges opt-out register for online gambling ads as Pocock calls out shortfalls in government’s bill

Labor pledges opt-out register for online gambling ads as Pocock calls out shortfalls in government’s bill

The Guardian

The new measure falls short of calls for gambling ads to move to an opt-in model, or for an outright banFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Labor government has pledged a new single-service opt-out register for gambling ads – an idea similar to the Do Not Call register for spam calls – as part of amendments to its wag...

Housebuilding near train stations to get ‘default yes’ under new planning changes – UK politics live

Housebuilding near train stations to get ‘default yes’ under new planning changes – UK politics live

The Guardian

Thousands more houses could be built near transport hubs including on green belt sitesThe new national planning policy framework is aimed at providing clearer national policies for plan-making and decision-making, meaning that conflicting local policies will carry less weight when they are inconsistent with national policies.Other changes will include:Stronger support in principle for development,...

Exclusive: Brussels keen to monitor UFOs under the radar

Euronews

Brussels has signalled it is monitoring unidentified aerial phenomena (UAP) and has hinted at improving capabilities, according to documents seen by Euronews. Pilots want to de-stigmatise reporting UAPs by urging the EU to recognise them as a serious, standardised incident in flight safety.