News

Jihad Azour, director of IMF’s Middle East and Central Asia Department, speaks during Abu Dhabi Finance Week in the United Arab Emirates on December 8, 2025. Photo: Coco Feng

Tech

AI spending helps save global economy under threat of trade war, IMF director says

AI investment, especially in the US, helped mute the impacts of increased tariffs, Jihad Azour says at Abu Dhabi Finance Week.

11 minutes ago

Chinese court orders Malaysia Airlines to pay families of 8 MH370 victims

7 minutes agovideocam

Chinese team reports way to extract hypersonic weapon fuel boron from seawater

36 minutes agovideocam

Politics

Hong Kong’s DAB party loses popular support, but retains crown as Legco’s biggest

Democratic Alliance for the Betterment and Progress of Hong Kong secures 250,000 fewer votes for directly contested seats compared with 2001.

53 minutes agovideocam

Members of the Democratic Alliance for the Betterment and Progress of Hong Kong meet the press on Monday at its party headquarters in Fortress Hill. Photo: Jelly Tse

Southeast Asia

Myanmar teen to be first foreigner deported under Singapore’s new Kpod law

As of September 1, foreigners with Kpods or testing positive for etomidate may be deported and banned from re-entering Singapore.

1 hour ago

Politics

Hong Kong’s new legislature to be youngest in 2 decades, averaging 51 years old

Legco rejuvenation driven in part by departure of 35 incumbent lawmakers, including 12 aged 70 or above.

21 minutes ago

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Tech Trends

DeepSeek founder Liang Wenfeng cleans up on chip firm Moore Threads’ IPO

Liang’s quantitative hedge fund, High-Flyer, subscribes to more than 80,000 Moore Threads shares, which saw a stellar trading debut in Shanghai.

2 hours ago

Liang Wenfeng, the founder and CEO of artificial intelligence start-up DeepSeek. Photo: Shutterstock

Africa

63 children among 114 dead in strikes on Sudan kindergarten, hospital: WHO

Reports paramedics were also targeted during rescue efforts, as WHO director general condemns attack.

2 hours ago

Global Economy

China leans on German carmakers to help break Brussels tariff deadlock

Commerce vice-minister urges German industry leaders to leverage their clout to push the European Commission towards a compromise on the anti-subsidy probe.

2 hours ago

Diplomacy

German foreign minister calls for end to ‘uncertainty’ on Chinese rare earths, chips

Critical minerals, semiconductors and other commodities dominate talks as Johann Wadephul begins trip to China aimed at addressing trade.

57 minutes ago

German Foreign Minister Johann Wadephul (left) with Chinese Commerce Minister Wang Wentao before talks on Monday. Photo: dpa

Politics

Why a leading party in Bangladesh is facing uncertainty as election looms

The Bangladesh Nationalist Party’s leadership crisis threatens to undermine its advantage ahead of the February election, analysts say.

2 hours ago

People carry flags and banners during a rally organised by the Bangladesh Nationalist Party in Dhaka, Bangladesh, on November 7. Photo: EPA

China Economy

China warns internet platforms not to shift tax burden onto gig workers

Celebrities and high-profile influencers also under scrutiny, with regulators pursuing hundreds of such cases in recent years.

2 hours ago

Big Tech

China AI chipmaker MetaX draws more IPO investors than Moore Threads

More than 5 million investors vied for allotments in the chipmaker’s share offering, which aims to raise US$594 million.

3 hours agovideocam

Diplomacy

China-Japan ferry halts service as tensions over Takaichi remarks flare

The ferry, named after monk seen as symbol of cultural exchange, has been suspended ‘due to a request from the Chinese side’, operator says.

2 hours agovideocam

The Jian Zhen Hao ferry, which typically operates between Shanghai, China and Japan’s Osaka and Kobe, has been suspended since Saturday. Photo: Handout

Banking & Finance

New China guidelines to base asset managers’ pay on the performance of funds

The China Securities Regulatory Commission seeks a performance-based salary mechanism at the country’s 160 mutual fund houses.

4 hours ago

A view of the China Securities Regulatory Commission’s headquarters in downtown Beijing, Photo: Simon Song

People

In Philippines, Marcos’ ratings sink as anti-corruption drive ‘backfires’

A new survey shows Marcos’ satisfaction ratings at only 21 per cent – his lowest since taking office in 2022.

4 hours ago

Society

Steel bars brought in to strengthen building ravaged in Hong Kong’s Tai Po blaze

Bars hauled into flats at Wang Cheong House, the first of seven blocks engulfed by fire, while authorities say probe will take two to three weeks.

4 hours ago

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Banking & Finance

Xi’s appointments underscore his policy priorities as economy slows

China’s government promoted Yi Huiman, the chairman of the Industrial and Commercial Bank of China (ICBC), to head of the securities regulator to help steer the stock market toward an avenue for fundraising.

30 Jan 2019 - 9:54AM

Chinese President Xi Jinping, right, visits a farm in Jiansanjiang in northeastern China's Heilongjiang province on September 25, 2018. Xi was on an inspection tour of the region as China has slapped tariffs on US agricultural imports and looked to increase farming self-sufficiency amid a growing trade war with the United States. Photo: Xinhua

Companies

Son of Hong Kong's ‘Superman’ tycoon reinvests in home town

Analysts say Victor Li, who has been frustrated by his attempts to acquire overseas assets because of protectionism, trade disputes and rising interest rates, has once again started looking at Hong Kong’s property market for reasonable returns on its investments.

3 Apr 2019 - 9:47AM

Companies

Sun Hung Kai pays US$1.43 billion for fourth Kai Tak runway plot

23 Jan 2019 - 11:31PM

Companies

China pharma has a bitter pill to swallow: R&D

Beijing wants cheaper, better drugs. That’s pressuring drug makers to innovate as generics become more competitive.

19 Jan 2019 - 12:40PM

Beijing has moved to cut prices of drugs and improve their efficacy and safety. Here a woman works at the pharmacy of a state-owned hospital in a town in Hebei province, China, in this photo taken in 2008.

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New makeshift altar for Tai Po fire victims appears after previous shrine cleared

tai po

Thai-Cambodian border sees renewed clashes

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Mass grave unearthed in Bangladesh

Scaffold net sample ignites despite meeting safety standards

SCMP

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