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Hong Kong has changed since the turmoil of 2019-20. Few people would dispute this. The more important question is what kind of city it is becoming. It is evolving into a more nationally integrated yet still distinctive city. The emerging model seeks to combine market dynamism and international connectivity with clearer alignment to national development. This is not decline. It is a search for a vi...
Three of Russia’s largest grain terminals in the Black Sea port of Novorossiysk have halted operations after being damaged in a massive overnight drone attack by Ukraine. Grain shipments from Novorossiysk are currently impossible because of serious damage to terminal infrastructure, people familiar with the matter said. A loading gallery at United Grain’s Novorossiysk Grain Plant collapsed after t...
What will a stronger international financial centre look like for Hong Kong? Doubling down on yuan internationalisation is a key focus, experts say in this second of our five-part series on the city’s first five-year blueprint. Read part one here. With a symbolic press of a button, top officials and securities regulators from Hong Kong and mainland China earlier this month marked a historic moment...
Fubon Bank (Hong Kong) has opened its first branch outside its home market, moving into mainland China to tap surging cross-border business opportunities as competition among foreign lenders in the Greater Bay Area intensifies. The branch, located in Shenzhen’s Qianhai financial zone, would initially focus on corporate banking, offering tailored cross-border financing to technology firms and enter...
Fears of a new industrial revolution in which artificial intelligence replaces manual labour have yet to materialise in Southeast Asia – but white-collar workers should brace themselves. Nearly one in four workers in the region face generative AI (GenAI) disrupting or affecting their jobs, according to a July report by the International Labour Organization (ILO). Clerical, administrative and profe...
Fears of a new industrial revolution in which artificial intelligence replaces manual labour have yet to materialise in Southeast Asia – but white-collar workers should brace themselves. Nearly one in four workers in the region face generative AI (GenAI) disrupting or affecting their jobs, according to a July report by the International Labour Organization (ILO). Clerical, administrative and profe...
Tonnes of aid from regional partners began to roll into Colombia on Wednesday, as the search for survivors in the rubble of a powerful earthquake grew more desperate after the temblor razed buildings, buckled roads and crushed cars. The devastation has tested Colombia’s new president, Abelardo de la Espriella, and his government as it scrambles to respond to the disaster and civil society as it pu...
For decades, thousands of Chinese investors made pilgrimages each spring to Omaha, in the central US state of Nebraska, treating Warren Buffett’s shareholder meetings for investment firm Berkshire Hathaway less as corporate briefings than as audiences with an oracle. Buffett’s retirement as CEO, effective January 1, ended a 60-year run at the helm of the global conglomerate. Though he remains chai...
US prosecutors have charged 11 people over an alleged decade-long network that arranged more than 1,000 sham marriages, primarily for Chinese nationals seeking green cards, including matches with at least 14 active-duty American soldiers. About 11 of the soldiers, who were stationed at a US Army base in Kentucky, were paired with Chinese citizens between May 2023 and August 2025, according to a 21...
China said on Wednesday it would help Colombia recover from the magnitude 7.4 earthquake that struck the country’s west on Monday, killing more than 200 people. Foreign ministry spokesman Guo Jiakun said Beijing would do what it could in suitable ways, in line with what Colombia requested, in response to questions from Xinhua and Telesur at a briefing in Beijing. Guo said no Chinese nationals had ...
As President Xi Jinping prepares for summit talks with Donald Trump in Washington next month, the United States is closing one of the few remaining openings between the two countries by targeting scientific research. This field has been one of the most durable links in the US-China relationship, but a series of new security-related restrictions on federally funded collaborations with Chinese insti...
The Trump administration announced on Wednesday the establishment of a task force to end birth tourism in the latest push to curtail the practice after the Supreme Court recently rejected US President Donald Trump’s attempt to restrict constitutional birthright citizenship. Working alongside the Department of Homeland Security (DHS), the US State Department wrote in a fact sheet that it is “using ...
At Jantar Mantar, New Delhi’s designated protest site, India’s future spent weeks enduring the heat and demanding change. But what kind of change, and why? These were young people, many of them highly educated but still without a job despite sitting numerous government recruitment exams. Their anger was not because they had been cheated. It stemmed from worse: their qualifications had simply stopp...
A US congressional advisory body on China said the country is projecting an image of confidence even as concerns about its economy and future growth remain beneath the surface, following a week-long visit to Beijing, Shanghai and Hangzhou in July. Members of the US-China Economic and Security Review Commission (USCC) discussed their observations during a wide-ranging press briefing on Wednesday, o...
White House Press Secretary Karoline Leavitt, the youngest person to hold the role, will leave at month’s end, President Donald Trump announced Wednesday. Leavitt, 28, just recently returned to the White House after taking a brief leave for the birth of her second child in May. Leavitt has been one of the most visible advocates of Trump’s “Make America Great Again” movement. The Republican preside...
Day briefly turned to night in Spain on Wednesday, as the country witnessed its first total solar eclipse in more than a century, plunging it into eerie darkness in one of nature’s greatest spectacles. The spectral glow of the sun’s outer corona, shimmering out of the edges of the shadowy moon, drew gasps and cheers from huge crowds, just 90 minutes after it first appeared in the remote Arctic reg...
The US-China Board of Investment, one of the key outcomes of the May summit between US President Donald Trump and Chinese leader Xi Jinping, is unlikely to be among the deliverables for their expected meeting next month in Washington, according to the head of a leading bilateral business group. “I’m not seeing evidence yet that that’s going to be a sizeable deliverable for the next summit,” Sean S...
Eurovision Song Contest organisers announced rule changes on Wednesday excluding any country in an armed conflict from hosting the competition and increasing the minimum age of competitors. While they did not mention any country by name, Israel, which has been at war in Gaza since 2023, came close to winning the competition in both 2025 and 2026, ultimately finishing second on each occasion. Under...
Israel on Wednesday carried out its first air strike in more than a week in Gaza, both sides said, breaking a relative lull as the US pressed a peace plan. The Israeli military said it targeted a Hamas commander, charging that he had been planning attacks against Israeli forces operating in the war-battered territory. “The terrorist was struck in an aerial strike in order to remove the threat to I...
Spectacular images of lava flowing down the slopes of an erupting Mount Etna have drawn flocks of tourists to the Italian volcano – to the worry of local guides. The tallest active volcano in Europe, Etna has been spewing ash and lava for days, forcing the closure of the nearby Catania airport, a key gateway for tourists visiting the island of Sicily. Companies that organise nighttime hikes allowi...
“Regardless of what lies ahead – be it a minefield or a deep abyss – I will forge ahead unswervingly, dedicating my entire life and energy to the country until my dying day.” Those words, spoken at the dawn of his premiership, came to define Zhu Rongji, China’s towering economic reformer who died in Beijing on Wednesday. He was 97. His remarks at a press conference in 1998 came as China was undert...
President Recep Tayyip Erdogan said on Wednesday he hoped more countries would join a defence agreement signed last week between Turkey, Saudi Arabia and Pakistan aimed at stabilising a region wracked by conflict. The so-called Mecca Joint Defence Agreement was signed on Friday as the Middle East grapples with fallout from the US-Iran war, which has dragged in regional players and disrupted shippi...
A Hong Kong baby food producer has voluntarily recalled several products from store shelves as a precaution after parents and online users raised concerns that they might contain rice weevils. Baby Basic on Wednesday said the recall covered “instant baby congee – konbu salmon”, with an expiry date of June 22, 2027, and three varieties of its “instant rice-shaped pasta”: salmon and cream, tomato an...
A Hong Kong baby-food producer has voluntarily recalled several products from store shelves as a precaution after parents and online users raised concerns that they might contain rice weevils. Baby Basic on Wednesday said the recall covered “instant baby congee – konbu salmon”, with an expiry date of June 22, 2027, and three varieties of its “instant rice-shaped pasta”: salmon and cream, tomato an...
A Hong Kong baby-food producer has voluntarily recalled several products from store shelves as a precaution after parents and online users raised concerns that they might contain rice weevils. Baby Basic on Wednesday said the recall covered “instant baby congee – konbu salmon”, with an expiry date of June 22, 2027, and three varieties of its “instant rice-shaped pasta”: salmon and cream, tomato an...
China is expanding its scientific collaboration with Iran into the strategically sensitive field of rare earths, including processing technologies that Beijing has increasingly sought to protect from overseas transfer. The National Natural Science Foundation of China (NSFC) unveiled the latest joint workshop programme with its Iranian counterpart on Monday, listing the “exploration and processing ...
US soybean growers are “adapting” to a steep decline in China-bound exports by selling to third countries and the American biofuel sector, compensating enough to cause only a small drop in production, according to a top trade association’s chief economist. In November, Beijing committed to buy at least 25 million tonnes of American soybeans annually through 2028, as part of an agreement reached af...
Retiree Yang Fangxin’s 72 sq ft rooftop home, located on the ninth floor of a 62-year-old building in Sham Shui Po, has become a heat trap under Hong Kong’s scorching hot weather. The temperature in her home was above 40 degrees Celsius (104 Fahrenheit) at around 5pm on Tuesday, higher than the 33 degrees recorded at the Hong Kong Observatory’s monitoring station in the same district. The temperat...
Hong Kong’s chief executive has expressed “profound sorrow” over the death of former Chinese premier Zhu Rongji, paying tribute to him for supporting the city in challenging times including the 1997 Asian financial crisis. In a statement late on Wednesday night, John Lee Ka-chiu said he was grateful for the care and support that Zhu showed over the city’s economic and social development over the y...
In late 2002, former Chinese premier Zhu Rongji visited Hong Kong and sought to put steel in the spine of the city’s establishment that was floundering under an economic slump and a ballooning deficit. “Even if you spend all your fiscal reserves three years from now, what is there to fear?” he asked his dinner guests at Government House in a famously unscripted speech. “If you issue 50-year long-t...
