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What does HSBC’s buyout of Hang Seng Bank mean for its future and investors?
HSBC’s historic US$13.6 billion buyout of Hang Seng Bank aims to cut costs, tackle bad debts and fuel growth, but challenges abound.
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Hang Seng Bank to leave Hang Seng Index after 53 years if buyout passes
Banking & finance
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Military
How PLA could use ‘decapitation’ strike to counter Taiwan’s ‘porcupine’ strategy
Mainland Chinese military magazine warns of ‘threat’ posed by island’s asymmetric warfare plan and calls for multipronged response.
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Diplomacy
Trump-Xi diplomacy put to test thanks to contentious tit-for-tat Covid lawsuits
Unpaid billions of dollars in judgments against China sucks US State Department into escalating legal dispute, but Beijing remains defiant.
10 Jan 2026 - 2:13AM
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Big Tech
The great chip leap: China’s semiconductor equipment self-reliance beats targets
Domestic suppliers capture 35 per cent share as China accelerates push for semiconductor self-sufficiency.
9 Jan 2026 - 10:00PM
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Why the Year of the Horse will be a profitable but turbulent one for Horses
Diplomacy
US government abandons plan to blacklist Chinese-made drones
Commerce Department, FCC make U-turn after barring imports of new Chinese drone models in December to address national security concerns.
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United States & Canada
Trump ‘cancelled’ second Venezuela attack after prisoner release
Trump made the comments as he prepared to meet major oil corporations that he said will invest at least US$100 billion in Venezuela.
9 Jan 2026 - 11:11PM
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Economics
India overtakes Japan in economic size – while prosperity trails far behind
Becoming the No 4 economy is a source of pride. Now, the race is on to turn statistical success into 8 million new jobs a year.
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How this year’s Yidan Prize laureates reshape modern literacy and skills worldwide
Mamadou Amadou Ly and Uri Wilensky help transform teaching and learning through multilingual education and computational thinking.
In partnership with:
Yidan Prize Foundation
United States & Canada
Video shot by ICE agent as he killed Minnesota woman emerges, raising tensions
State officials are conducting their own investigation after the FBI refused to cooperate and share evidence.
5 hours ago
Diplomacy
How far is China willing to help Cuba in face of increasing US pressure?
The Trump administration has turned the spotlight onto Havana after the abduction of former Venezuelan leader Nicolas Maduro.
9 Jan 2026 - 9:00PM
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Science
US House lawmakers abandon bid to bring back controversial China Initiative
Advocacy groups hail decision to remove provision aiming to reinstate programme accused of unfairly targeting Chinese-American researchers.
9 Jan 2026 - 10:00PM
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Politics
US seizes fifth tanker as Washington escalates bid to control Venezuela’s oil
Joint US forces intercept the Olina amid Trump talks with Chevron, ExxonMobil and ConocoPhillips on US$100 billion Venezuela plan.
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Lifestyle & Culture
Meow arriving: Japan railway’s newest cat stationmaster clocks in
Yontama is the third cat to become stationmaster on the Kishigawa Line in Wakayama prefecture after the death of her predecessor last year.
24 minutes ago
Europe
Will X be banned in the UK? Elon Musk hits back at shutdown warnings
Despite an outcry over AI abuse images, Musk called the warnings ‘censorship’ and reposted threats to sanction Britain if X is blocked.
1 hour ago
Middle East
Trump says protest-hit Iran in ‘big trouble’, again threatens military strike
The US president warned that ‘we’ll start shooting too’, if the authorities kill demonstrators.
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China cites Biden’s message to Xi that Japan could build nukes ‘overnight’
Beijing releases 30-page report that includes a call for international community to ‘take concrete and strong measures’ against Japan’s nuclear ambitions.
9 Jan 2026 - 8:08PM
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SERIES: Year of the Horse 2026
Year of the Horse 2026 predictions for all 12 zodiac signs. Is your luck in?
A fortune-teller gives Year of the Fire Horse predictions for careers, relationships and more, plus lucky numbers, colours and elements.
8 Jan 2026 - 5:15PM
United States & Canada
Trump says Colombia’s Petro to visit US, in U-turn from threats to diplomacy
Just days ago, Trump had issued a warning to the South American leader for criticising the US attack that removed Venezuela’s Maduro.
10 Jan 2026 - 3:59AM
Europe
Trump says will get Greenland ‘easy way’ or ‘hard way’
The Trump administration has reportedly discussed paying the island’s residents up to US$100,000 each to lure them to join the US.
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OPINION
Chenfei Zhu
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9 Jan 2026 - 8:30PM
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SCMP Editorial
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SCMP Series
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Beijing’s recalibration of its Taiwan policy
Why has Beijing turned down the heat in the Taiwan Strait in the second half of 2025?
PLA warplanes and ships have been less active around the island in the second half of the year, Taiwanese data shows.
25 Dec 2025 - 9:58AM
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Open Questions series
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Global Economy
Open Questions
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‘Embrace the moment’: on China, Daniel Kritenbrink puts pragmatism first
Former US ambassador to Vietnam says a return to the past for US-China relations is unrealistic, but both economic powers benefit from ties.
5 Jan 2026 - 9:11AM
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Diplomacy
Open Questions
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How new C100 chief plans to foster ties between Chinese-Americans and China
The Committee of 100’s president Paul Cheung has high hopes for Chinese-Americans’ relationship with China in these uncertain times.
9 Jan 2026 - 12:37PM
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Diplomacy
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Political scientist Ivan Krastev on European vertigo in a post-American world
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Diplomacy
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George Yeo on superpower ‘headaches’ and why the US dollar could crack
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China Future Tech
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Key Industries:
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Tech
China’s Qwen and DeepSeek edge out US AI models in Christian values benchmark
US start-up Gloo’s Flourishing AI Christian benchmark tested how the output of AI models ‘help people flourish’, CEO Pat Gelsinger said.
17 Dec 2025 - 7:00AM
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Tech Trends
Chinese firms, led by AgiBot, outpace US rivals in 2025 humanoid robot shipments
‘Chinese vendors are setting benchmarks in large-scale production,’ Omdia analyst Lian Jye Su says.
9 Jan 2026 - 8:00PM
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MiniMax and Zhipu’s stellar Hong Kong IPOs supercharge China’s AI ambitions
Zhipu’s coding assistant is wooing subscribers with a monthly fee of about US$3, a fraction of what Anthropic charges for Claude.
9 Jan 2026 - 5:00PM
Tech Trends
Chinese robot vacuum maker Dreame sees AI-driven appliances run household chores
The firm’s ambition is to become a ‘world-class technology company’, global president Chang Xinwei says.
9 Jan 2026 - 9:07AM
Military
China’s role in Korean peninsula stability tested amid nuclear submarine moves
Seoul’s calls for Chinese mediation seen to underscore Beijing’s central role in preserving stability between two Koreas.
8 Jan 2026 - 11:04AM
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Shanghai unveils US$10 billion investment spree as US-China tech race heats up
Shanghai announces 50 new projects across an array of hi-tech industries as China’s cities heed Beijing’s call to double down on innovation.
7 Jan 2026 - 8:00AM
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‘Real and accelerating’: China-Japan military tensions surge amid missile race
Analysts hold out little hope that security pressures will ease, given US insistence that regional allies boost first island chain defences.
8 Jan 2026 - 8:34AM
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Diplomacy
Why China is turning down the nationalist heat in its row with Japan
With economic stakes high, Beijing seen as ‘more cautious in handling external frictions’, avoiding fanning of ‘uncontrollable’ nationalism.
4 Jan 2026 - 6:06AM
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