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US sanctions Chinese entities, issues global warning on ‘Economic D-Day’ against Iran
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US sanctions Chinese entities, issues global warning on ‘Economic D-Day’ against Iran

The United States on Monday announced fresh sanctions against 60 entities in multiple countries, including China and Hong Kong, and issued a fresh warning demanding “immediate action” from nations maintaining economic and commercial ties with Iran. The actions announced on Monday are part of the Trump administration’s latest efforts to choke off Tehran economically after military strikes and diplo...

Maradona’s ‘Hand of God’ football sells for US$3.35 million
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Maradona’s ‘Hand of God’ football sells for US$3.35 million

The football with which Diego Maradona scored his “Hand of God” goal against England at the 1986 World Cup has sold at auction for US$3.35 million. The sale price achieved by Heritage Auctions in the United States was around US$6.7 million below the US$10 million estimate. The Dallas-based auction house had placed a US$2.5 million starting price on the Adidas Azteca ball. Maradona scored twice in ...

Diego Maradona’s ‘Hand of God’ football sells for US$3.35 million
SCMP

Diego Maradona’s ‘Hand of God’ football sells for US$3.35 million

The football with which Diego Maradona scored his “Hand of God” goal against England at the 1986 World Cup has sold at auction for US$3.35 million. The sale price achieved by Heritage Auctions in the United States was around US$6.7 million below the US$10 million estimate. The Dallas-based auction house had placed a US$2.5 million starting price on the Adidas Azteca ball. Maradona scored twice in ...

Diego Maradona’s ‘Hand of God’ football sells for US$3.35 million at US auction
SCMP

Diego Maradona’s ‘Hand of God’ football sells for US$3.35 million at US auction

The football with which Diego Maradona scored his “Hand of God” goal against England at the 1986 World Cup has sold at auction for US$3.35 million. The sale price achieved by Heritage Auctions in the United States was around US$6.7 million below the US$10 million estimate. The Dallas-based auction house had placed a US$2.5 million starting price on the Adidas Azteca ball. Maradona scored twice in ...

Shein’s acquisition of Everlane faces US national security review

Shein’s acquisition of Everlane faces US national security review

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US authorities are conducting a national security review of Shein Global Holdings’ purchase of American clothing retailer Everlane after Shein sought approval for the deal, people familiar with the matter said, adding to a growing list of regulatory hurdles for the China-founded fast-fashion giant in one of its most important markets. The review by the Committee on Foreign Investment in the US (Cf...

US military kills 2 in eastern Pacific boat strike in first attack in months

US military kills 2 in eastern Pacific boat strike in first attack in months

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After a pause of more than two months, the US military announced Monday that it once again carried out a strike on a vessel in the eastern Pacific Ocean, killing two people accused of trafficking drugs. It brings the overall death toll to 223 people killed in 67 strikes during the nearly year-long US campaign of bombing alleged drug boats off Latin America’s Caribbean coast and in the eastern Paci...

US strikes vessel in eastern Pacific, killing 2 people in first attack in months

US strikes vessel in eastern Pacific, killing 2 people in first attack in months

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US forces have struck another vessel in the eastern Pacific Ocean, killing two people accused of trafficking drugs, the US military said on Monday, in the first attack announced in about two months. The death toll in the nearly year-long US campaign of bombing boats allegedly trafficking drugs now exceeds 210 after more than 60 strikes off Latin America’s Caribbean coast and in the eastern Pacific...

Hong Kong woman arrested for allegedly wearing seditious T-shirt outside court

Hong Kong woman arrested for allegedly wearing seditious T-shirt outside court

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Hong Kong police have arrested a woman for allegedly wearing a T‑shirt with a seditious message outside West Kowloon Court. The force said on Monday night that the woman was detained last week on suspicion of disorder in a public place, obstructing police and acting with seditious intention. “The purpose of the security operation was to ensure public safety and order, though details of the operati...

UK police arrest 12 after deadly wrong-way crash that killed 7

UK police arrest 12 after deadly wrong-way crash that killed 7

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British police have arrested 12 people after a car pursued by police crashed while driving the wrong way on a major road, killing five youths and two officers. The deaths on Saturday came as officials warned of a trend for young people to carry out dangerous driving stunts to post on social media. However, police on Monday denied the collision was linked to filming for the TikTok online platform. ...

France to press ahead with high school phone ban from next month

France to press ahead with high school phone ban from next month

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The French government said on Monday it would press ahead with a ban on mobile phones in high schools from next month, but trade unions warned that the measure might be hard to implement quickly. In July, France’s parliament approved legislation banning both social media access for children under 15 and mobile phone use in high schools. It is part of a push by President Emmanuel Macron for childre...

Mainland China’s ship activity near Taiwan hits record for third month in a row

Mainland China’s ship activity near Taiwan hits record for third month in a row

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Mainland Chinese government vessel sightings around Taiwan have reached record levels for a third straight month, as Beijing expands its law enforcement footprint east of the island following the announcement in late May of Tokyo-Manila maritime boundary talks over the area. Taiwan’s defence ministry said that in the first 24 days of August it detected mainland coastguard, survey and other officia...

Trump threatens 50 per cent tariffs on Canadian cars, trucks amid trade row

Trump threatens 50 per cent tariffs on Canadian cars, trucks amid trade row

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US tariffs on all cars and trucks, automotive parts and steel would be increased to 50 per cent starting January 1 next year, President Donald Trump said in a social post on ‌Monday after trade talks with Canada collapsed over the weekend. “Build in the U.S. and there are ZERO TARIFFS. Canada will be treated like a State no longer!” Trump wrote. “On Trade, and in other ways, also, they are among t...

Meet the Indian food safety officer shaking up Mumbai with viral raids

Meet the Indian food safety officer shaking up Mumbai with viral raids

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Tukaram Mundhe is an Indian bureaucrat on a mission. As a state food safety commissioner, the 51-year-old has raided food businesses in the country’s commercial capital Mumbai in an unprecedented crackdown on poor hygiene and unsafe food that has captivated the public nationwide. Mundhe has led the suspension of food permits of four Domino’s and one Pizza Hut outlet in recent weeks, and has also t...

Chinese tech, pharma firms eye Hong Kong as springboard for global expansion

Chinese tech, pharma firms eye Hong Kong as springboard for global expansion

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Mainland Chinese technology and pharmaceutical companies are using Hong Kong as a launching pad for global expansion, industry leaders have said, as a major state-owned drugmaker weighs whether to invest in the city’s Northern Metropolis megaproject. The comments highlighting the city’s international background and professional expertise were made during a six-day trip to the rest of the Greater B...

China and Jordan call for Strait of Hormuz to get back to normal after US-Iran conflict

China and Jordan call for Strait of Hormuz to get back to normal after US-Iran conflict

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China and Jordan have called for the reopening of the Strait of Hormuz to shipping and called for the ceasefire between the United States and Iran to be maintained in a joint statement issued during King Abdullah’s visit to Beijing. They also said they wanted to see “a comprehensive solution addressing the root causes of tension … through dialogue and negotiation, ensuring full respect for the sov...

4 arrested as Kenya investigates 18 elephant deaths in Amboseli

4 arrested as Kenya investigates 18 elephant deaths in Amboseli

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Police have arrested four suspects in an investigation ⁠into the deaths ⁠of 18 elephants in Kenya’s Amboseli ⁠ecosystem, where authorities also seized assorted substances including chemicals, the tourism and wildlife ministry has said. A Kenya Wildlife Service (KWS) spokesperson told Reuters on Monday that the four had since been released on bail. Preliminary laboratory ‌results pointed to the pro...

Meet Dai Zheng, the space veteran betting on China’s reusable rocket revolution

Meet Dai Zheng, the space veteran betting on China’s reusable rocket revolution

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Ten years ago, Dai Zheng made a career-defining gamble: he left his secure, prestigious engineering post in China’s state space programme to join an unproven private start-up. On August 19, that risk paid off when a rocket booster returned from orbit and landed upright for the first time in Chinese commercial space history. For Dai, now chief commander of the Zhuque-3 missions at LandSpace, the su...

EV maker Xpeng set to challenge Tesla in embodied AI after robotics unit raises US$900m

EV maker Xpeng set to challenge Tesla in embodied AI after robotics unit raises US$900m

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Chinese electric vehicle (EV) maker Xpeng has secured US$900 billion in funding from high-profile investors including Alibaba Group Holding and IDG Capital to spur its robotics unit, despite a widening second-quarter loss. Dogotix, a subsidiary of Xpeng, raised US$900 million in the latest round of financing, which valued it at US$6.3 billion, Xpeng said in a statement on Monday, adding that the f...

America’s US$40tr debt gamble is getting harder to ignore, economists say after ‘grow’ goal

America’s US$40tr debt gamble is getting harder to ignore, economists say after ‘grow’ goal

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With Washington claiming that the United States can “grow” out of its mounting fiscal burdens, some economists are sceptical that growth alone could absorb the country’s mountain of national debt, which just surpassed US$40 trillion. The milestone, reached last week, has amplified concerns about the long-term sustainability of maintaining such a massive debt pile – one that has doubled in size fro...

US, China diplomats clash over tech spying and trade hub claims in Latin America

US, China diplomats clash over tech spying and trade hub claims in Latin America

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Diplomats for China and the US in Latin America have traded brickbats on social media over alleged espionage risks posed by Chinese tech firms in the region, in the latest sign of the two powers’ unfolding strategic tensions in the western hemisphere. US assistant secretary of state for western hemisphere affairs Juan Pablo Segura named telecoms giants Huawei Technologies, ZTE and Hytera, surveill...

Beijing slams West for criticising Hong Kong court verdict in Tiananmen vigil case

Beijing slams West for criticising Hong Kong court verdict in Tiananmen vigil case

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Beijing has slammed Western nations for interfering in China’s internal affairs over their criticism of the conviction of the now-disbanded alliance that organised Hong Kong’s annual Tiananmen Square vigils and its former leaders for inciting subversion. Chinese Foreign Ministry spokesman Lin Jian used a regular press briefing on Monday to hit out at “certain countries and organisations” for using...

China’s view of Trump’s America has changed from alarm to a shrug

China’s view of Trump’s America has changed from alarm to a shrug

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There is no shortage of Western commentary on US President Donald Trump’s second term. What’s missing is an honest account of how 1.4 billion of us in China see it – or at least how China’s officials and scholars do, since that’s who I can speak for here. I’ve spent a decade watching that view change, from real alarm in 2017 to something closer to a shrug today. Four things now count as consensus ...

South Korea says US cut joint marine drill over Iran war constraints

South Korea says US cut joint marine drill over Iran war constraints

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South Korea said on Monday that the United States had cancelled a large joint amphibious landing exercise scheduled for next month due to constraints on force availability caused by the war with Iran. The biennial Ssangyong drills involve marine forces from South Korea and the US and are designed to strengthen combined operations, typically involving warships, aircraft and ground forces rehearsing...

Northern Metropolis gets vote of confidence as heavyweights win tender for HK$1.03b

Northern Metropolis gets vote of confidence as heavyweights win tender for HK$1.03b

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A consortium comprising mainland Chinese state-owned and private heavyweights alongside a major Hong Kong developer has won the first “large-scale land disposal” project in the Northern Metropolis for HK$1.03 billion (US$132 million), with total investment projected at HK$16.8 billion. The Development Bureau announced the results on Monday, awarding the tender for the 10.5-hectare development proj...

Northern Metropolis gets vote of confidence as heavyweights win HK$1.03b tender

Northern Metropolis gets vote of confidence as heavyweights win HK$1.03b tender

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A six-member consortium comprising mainland Chinese state-owned and private heavyweights alongside a major Hong Kong developer has won the first “large-scale land disposal” project in the Northern Metropolis for HK$1.03 billion (US$132 million), with total investment projected at HK$16.8 billion. The Development Bureau announced the results on Monday, awarding the tender for the 10.5-hectare devel...

Consortium wins Northern Metropolis project with HK$1.03b bid

Consortium wins Northern Metropolis project with HK$1.03b bid

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A consortium of mainland Chinese-backed companies and a subsidiary of a Hong Kong developer has won the first “large-scale land disposal” project in the Northern Metropolis for HK$1.03 billion (US$132 million), with the total investment expected to reach HK$16.8 billion. The Development Bureau announced the results on Monday, awarding the tender for the 10.5-hectare development project in Hung Shu...

China’s advanced chip supply to surge by 2035 despite equipment bottlenecks, Goldman says

China’s advanced chip supply to surge by 2035 despite equipment bottlenecks, Goldman says

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China is on track to dramatically slash its deficit in advanced chips over the next decade as domestic foundries rapidly scale up production, though the weak link of lithography threatens to keep full semiconductor independence out of reach, according to US investment bank Goldman Sachs. The supply of wafers made using 7-nanometre and below advanced processes is projected to grow at a compound ann...

Taiwan unveils Strong Bow anti-ballistic missile specs in push for US$1.13 billion funding

Taiwan unveils Strong Bow anti-ballistic missile specs in push for US$1.13 billion funding

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Taiwan’s top weapons developer has unveiled details of its Chiang Kung, or Strong Bow, anti-ballistic missile system as it seeks legislative funding for mass production to strengthen the island’s air defences amid growing pressure from Beijing. The government-funded National Chung-Shan Institute of Science and Technology (NCSIST) recently disclosed key specifications of the locally developed syste...

Ukraine wants peace but won’t ‘simply surrender’, Zelensky says on Independence Day

Ukraine wants peace but won’t ‘simply surrender’, Zelensky says on Independence Day

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⁠Ukraine wants peace but will not just give in to Russia at any price, President Volodymyr Zelensky has said in a defiant speech as foreign leaders gather in Kyiv to mark its Independence Day celebrations. British Prime Minister Andy Burnham and European Council President Antonio Costa were among the foreign dignitaries present on Monday for celebrations of the 35th anniversary of Ukraine’s break ...