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An aerial drone photo taken on August 20, 2024 shows a floating photovoltaic power project in Majiatan county of Lingwu city, northwest China’s Ningxia Hui autonomous region. Photo: Xinhua

China Economy

China vows to ramp up west-to-east power as AI, hi-tech industries fuel demand

New targets include a major expansion of renewable energy and more electricity funnelled to eastern regions.

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Lawrence Wong thanks Trump for G20 invitation, Singapore-US mark 60th milestone

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Why talk of a Japanese nuclear option is resurfacing – and why it alarms critics

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Americas

Argentina targets US dollars hoarded under mattresses, eases tax evasion rules

The country wants Argentines to bank their dollars amid high inflation, with estimates of ‘mattress dollars’ totalling US$251 billion.

Photo illustration of Argentine peso notes and a US$100 bill in Buenos Aires. Photo: AFP
Photo illustration of Argentine peso notes and a US$100 bill in Buenos Aires. Photo: AFP

Trending in China

Video of Chinese uncle joining dancers with funny pose gets 10 million views

Airport clip propels ‘tired’ union worker with a lust for life to internet fame; online observers dub him the ‘flying uncle’.

Hong Kong Economy

New Hong Kong lawmaker Julia Lau vows to strengthen oversight after Tai Po fire

Architectural sector legislator urges better use of public funds, and has ideas on how to boost development of the Northern Metropolis and tourism.

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Economics

Fair or foul? Malaysia struggles to stomach its US trade pact

Local chefs fume over ‘lousy’ US poultry flooding the market, as critics call the trade agreement hastily reached and unfairly lopsided.

A woman shops at a wet market in Kuala Lumpur. Malaysia is bracing itself for a surge in shipments of American poultry. Photo: Reuters
A woman shops at a wet market in Kuala Lumpur. Malaysia is bracing itself for a surge in shipments of American poultry. Photo: Reuters

Diplomacy

Trump orders Chinese-linked firm HieFo to divest US chip assets

Chinese-linked company ordered to unwind its acquisition of US semiconductor assets, citing national security concerns.

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Europe

Zelensky proposes appointing First Deputy PM Fedorov as Ukraine defence minister

In big government shake-up, Zelensky also said he is appointing spy chief Kyrylo Budanov as head of the presidential office.

Science

China’s biopharma sector ‘in prime position to challenge US leadership’

American commission issues stark warning, as analytics firm Clarivate reports that Chinese innovative drug development has entered new phase.

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Illustration: Lau Ka-kuen

Europe

Owner of Swiss bar where New Year fire killed 40 insists safety norms followed

‘Everything was done according to the regulations,’ Jacques Moretti, a Frenchman who manages the Le Constellation bar, told local media.

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People light candles near the sealed Le Constellation bar in Crans-Montana, Switzerland on Friday where a devastating fire left 40 dead and dozens injured during the New Year celebrations. Photo; AP
People light candles near the sealed Le Constellation bar in Crans-Montana, Switzerland on Friday where a devastating fire left 40 dead and dozens injured during the New Year celebrations. Photo; AP

Americas

Earthquake with 6.5 magnitude rattles southern and central Mexico, killing 2

A 60-year-old man died of his injuries after falling while evacuating his second-floor flat in the capital, local authorities said.

Diplomacy

Trump to meet US’ China envoy after call with Japanese PM Takaichi

Trump and Takaichi telephone conversation reaffirms ‘close coordination’ of US-Japan alliance and hopes of a ‘new chapter’ for partnership.

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Middle East

Angelina Jolie visits Egyptian side of Gaza’s Rafah crossing

‘What needs to happen is clear: the ceasefire must hold and access must be sustained, safe and urgently scaled up,’ the actress said of Gaza.

American actress and film producer Angelina Jolie greets Red Crecent workers during her visit to the Rafah border crossing between Egypt and Gaza on Friday. Photo: AP

United States & Canada

FBI says it disrupted potential New Year’s Eve attack inspired by Islamic State

Christian Sturdivant, 18, allegedly planned to stab up to 20 victims ‌and attack police at a North Carolina supermarket and restaurant.

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The FBI on Friday said it foiled plans for an Islamic State-inspired New Year’s Eve attack in North Carolina. Photo: AP
The FBI on Friday said it foiled plans for an Islamic State-inspired New Year’s Eve attack in North Carolina. Photo: AP

Boxing

Driver in fatal Anthony Joshua car crash charged with dangerous driving

Adeniyi Mobolaji Kayode was driving the British boxer and 2 of his friends when their car crashed on Monday, killing Joshua’s friends.

Europe

Champagne sparklers blamed for Swiss inferno that killed 40 people

Witnesses saw a candle in a bottle ignite the ceiling at Le Constellation bar. Officials say the flashover trapped revellers in the basement.

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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.

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
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.

Companies

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

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.

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
Alex Lo

As I see it | We can now watch our own genes dance

Alex Lo
Andrew Sheng

Opinion | Can Europe survive its crippling paralysis?

Andrew Sheng
Audrey Jiajia Li

Opinion | As the US struggles with affordability, consumer confidence eludes China

Audrey Jiajia Li
David Dodwell

Outside In | 2025 was the year of denial. What now?

David Dodwell
Cheng Xianyue

Opinion | How Hong Kong can take on a more frontier role in China’s development

Cheng Xianyue
Xiang Bing

Opinion | As history makes clear, a powerful China is not expansionist

Xiang Bing
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MULTIMEDIA
Video

As bear attacks rise in Japan, diners bite back

Hunter Katsuo Harada, 84, holds the skull of the bear that attacked him more than 20 years ago, during an interview with Reuters at his home in Iwamizawa, Hokkaido Prefecture, Japan October 15, 2024. (Reuters/Sakura Murakami)
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Video

Why more parents in China are turning to home-schooling

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Video

13-year-old arrested after New Year brawl in Hong Kong

Police arrest 13-year-old girl over fight with teen during New Year countdown at Kwun Tong Promenade.
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Why Chinese young adults seek comfort of “digital parents”

Douyin digital parents
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