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Former US Treasury secretary Larry Summers speaks during the World Economic Summit in Washington in April 2024. Photo: AFP

United States & Canada

Ex-US Treasury chief Summers quits Harvard over Epstein ties

The Epstein files show Summers had extensive exchanges with the late sex offender.

12 minutes agovideocam

Pentagon to spend US$12 billion on surveillance, eyeing China’s build-up in Asia

6 minutes agovideocam

Rare Exchange Fund withdrawal to pay for Northern Metropolis, other big schemes

41 minutes agovideocam

United States & Canada

Bill Gates opens up about affairs with 2 Russian women, Epstein scandal

The tech titan told a town hall with staff at the Gates Foundation that ‘it was a huge mistake to spend time with Epstein’.

3 hours agovideocam

Bill Gates said associating with Jeffrey Epstein was a “huge mistake”. Photo: AP

Hong Kong Economy

Hong Kong’s virtual asset sector considered for taxation under policy review

Latest budget announces new government committee to be tasked with reviewing Hong Kong’s tax policies.

4 hours agovideocam

Society

Hong Kong to set up first national innovation centre outside mainland China

Finance chief Paul Chan says city will also establish a high-level steering committee to spearhead AI development.

4 hours agovideocam

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United States & Canada

Canada approves all Gulfstream jets, ‘backing down’ to Trump’s threats

US transport chief Duffy described the decision as the ‘Art of the Deal in real time’.

5 hours ago

Gulfstream’s G800 aircraft is on display at an exhibition in Florida in 2022. Photo: Reuters

Hong Kong Economy

Hong Kong bets big on innovation, AI and finance in line with national goals

Northern Metropolis, San Tin Technopole cornerstones of innovation and technology strategy, finance chief Paul Chan says in budget address.

3 hours ago

Military

Is China flexing its intelligence muscle by tracking US military moves near Iran?

Unusually detailed posts by commercial firm MizarVision about America’s deployments in the Middle East are grabbing attention.

5 hours agovideocam

Hong Kong Economy

Hong Kong boosts investment body’s role in property sector, tech investment drive

Hong Kong Investment Corporation aims to draw overseas funds into commercial property projects, while advancing open-source RISC-V chip initiatives.

6 hours ago

Financial secretary Paul Chan has expanded the Hong Kong Investment Corporation’s role in commercial property. Photo: Jelly Tse

Middle East

The ‘Papillon’ of Iran: Shamkhani’s rise from the rubble amid US tensions

Khamenei’s trusted adviser, who survived an Israeli strike last year, shapes Tehran’s security strategies as tensions with the US mount.

6 hours agovideocam

A new anti-Israeli and US billboard is displayed at Palestine Square in Tehran. Photo: EPA

Science

Suicide lawsuit against China-born scientist Jane Wu’s US university to proceed

County judge says the family’s key claims are strong enough for the case to continue.

5 hours agovideocam

Hong Kong

Hong Kong seeks to hone edge as offshore yuan hub, digital-asset front runner

Market participants largely welcome Paul Chan’s renewed push to strengthen Hong Kong’s position as an international financial centre.

4 hours ago

Big Tech

ByteDance valuation said to hit record US$550 billion in proposed equity sale

Pending sale by US private equity firm General Atlantic shows ByteDance’s valuation has surged from US$400 billion as recently as mid-2025.

25 Feb 2026 - 8:00PM

Global Economy

Trump’s USMCA exit threat seen pushing Canada into China’s arms

Analysts expect Ottawa to diversify trade as future of North American trade pact remains uncertain, while a US departure would ‘hit Canada like an earthquake’.

25 Feb 2026 - 8:25PM

Canadian Prime Minister Mark Carney appears alongside President Xi Jinping at the Great Hall of the People in Beijing on January 16. Photo: Reuters

Hong Kong Economy

Paul Chan’s new budget sets aside HK$30 billion to kick-start Northern Metropolis

Companies overseeing megaproject’s Hetao Hong Kong Park, San Tin Technopole and Hung Shui Kiu Industrial Park to each get HK$10 billion.

5 hours agovideocam

Tech Trends

China’s MiniMax, Moonshot top AI token use ranking, ending year of US dominance

AI hosting platform OpenRouter’s latest ranking shows high demand for Chinese open-source models following a series of new releases.

25 Feb 2026 - 7:30PM

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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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Opinion | How Saudi diplomacy is thwarting Trump’s desire for war with Iran

Yang Xiaotong

25 Feb 2026 - 8:30PM

Opinion | How ‘little giants’ help China defend its manufacturing dominance

Zongshuai Fan

25 Feb 2026 - 4:30PM

As I see it | Chomsky’s legacy should be understood beyond the Epstein files

Alex Lo

25 Feb 2026 - 9:30AM

Opinion | EU has a key role to play in the new world order in the making

25 Feb 2026 - 5:30AM

James David Spellman

Opinion | Despite Supreme Court ruling, Trump has legal cards for tariffs in hand

James David Spellman

24 Feb 2026 - 8:30PM

The View | Venezuela and Panama aren’t the whole story of China in Latin America

Winston Mok

24 Feb 2026 - 6:46PM

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Record surplus prompts Hong Kong government to offer tax relief, sweeteners

Finance chief Paul Chan said he aims to “relieve the economic pressure faced by the people and enterprises”

Heavy rain triggers serious flooding in Bali

No fatalities reported despite days of heavy rain that left many trapped in homes and vehicles.

Trump’s first State of the Union speech since return to White House

In a speech that runs nearly two hours, Trump casts himself as a global peacemaker and praises his economic credentials.

Why did 72 tigers die at Thai tourist park in under 2 weeks?

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