China’s yuan has lost more value against the US dollar as interest rate cuts have yet to materialise, leading exporters to find whatever alternative assets they can until exchange differentials subside.
Patricia Flor says the summons is ‘quite telling’ and Germany does not tolerate spying from any country.
It is the first time Chinese space authorities have openly suggested timeline for Tianwen-3 mission puts it ahead of Nasa’s plans.
China-US ties are more stable but still at risk if ‘red lines’ are crossed, China’s Foreign Minister Wang Yi said before Blinken met President Xi on Friday.
Analysis using remote sensing technology from Wuhan University puts the level of damage at about 60 per cent.
Transport and Logistics Bureau submits revised funding request over Trunk Road T4 to the legislature’s Finance Committee.
A total of 42,000 victims have seen their savings and investments in SCB evaporate after the bank was embroiled in a US$12.5 billion fraud.
The theme park recently honoured more than 2,000 employees at its first-ever long-service awards ceremony, including twin brothers who have performed there for more than a decade.
The baby, named Rouh meaning Soul, suffered respiratory problems and a weak immune system, died on Thursday.
Report comes after a major power shuffle in the Palestinian Authority aimed at ending the Israel-Gaza war.
More inspections will be conducted in city’s tourist attractions, control points, restaurants and shops during mainland China holiday from May 1 to 5, authorities say.
Hongkongers under the age of 50 will be able to continue applying for five-year graduate visas, while all other candidates must be no more than 35 years old.
The privately held social media giant has rejected a report that said it was ‘exploring scenarios’ to sell a majority stake in TikTok’s US operations.
The short video format enables TikTok’s algorithm to become much more dynamic and even capable of even tracking changes in users’ preferences and interests across time.
Investigation into Yao Qian, who serves as the director of the department of technology supervision at the China Securities Regulatory Commission, comes amid an uptick in market reforms.
Reports of the casino proposal sparked controversy and opposition in Muslim-majority Malaysia, where gambling is taboo
First phase of ban took effect on Monday, prohibiting polystyrene products, disposable plastic utensils for dine-in or takeaway meals.
Halt to production of special trash bags for waste disposal scheme sparks call from city’s biggest party for yet another delay to the scheme’s introduction.
Purpose is to enlist China’s help in ending the companies’ activities that allegedly violate sanctions on supplying products with military applications to Moscow.
With city’s reputation as the world’s busiest container port just a memory, a plan to revive it as an international maritime hub that has the Greater Bay Area on its doorstep raises hopes.
Beijing has relaxed its requirements for businesses sending data outside mainland China in finalised rules, but Hong Kong’s role in the new regime remains limited, according to legal experts.
Finance chief says property and stock markets still under pressure amid geopolitical tensions, urges investment in green development and digital economy to drive growth.
ESG reporting and the Greater Bay Area offer opportunities for young accountants, and the IPO market is set to recover, new HKICPA president Roy Leung says.
As China works to sell itself as a viable destination for international firms to air their disputes through arbitration, more must be done for these efforts to meet with success, analysts and professionals say.
A source says the government has shifted to a ‘softer, reactive’ approach but is not planning any large-scale publicity campaigns or high-level delegations to explain the new law overseas.
Open Questions is a new series of South China Morning Post interviews with global opinion leaders.
German industry debates how to proceed after finding cracks in a once robust and mutually beneficial relationship.