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United States
United States
The latest breaking news and stories on the United States (US), a country in North America known as a federal republic, and the world’s largest economy. Also covering US-China relations, plus commentary and updates on US economy, politics, society, healthcare, military and crime.
Capital
Washington, D.C.
Head of State
President Donald Trump
Donald Trump
Head of Government
President Donald Trump
Donald Trump
The Exchange Fund, Hong Kong’s war chest to defend the local currency, posted stellar returns last year. Photo: Antony Dickson
Hong Kong Monetary Authority (HKMA)

Breaking | Exchange Fund reports record earnings in 2025

The Exchange Fund’s full-year earnings jumped 51 per cent to HK$331 billion (US$42 billion), from HK$218.8 billion in 2024.

Donald Trump

As US carrier fleet sails near Iran, Trump faces ‘no easy levers’ against Tehran

China-EU relations

‘Mother of all trade deals’: EU pivots to India in historic trade shake-up

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Luxury in China

As LVMH returns to growth, is the slump in China’s luxury market finally over?

LVMH saw its sales in China rise in the second half of 2025, as the vast Chinese luxury market shows signs of recovery.

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Two shoppers view the handbags they just bought at a Louis Vuitton store in Shanghai. China’s luxury market is showing signs of recovery after a sharp decline in sales in 2024. Photo: Getty Images
Ukraine war

Ukraine war military casualties ‘near 2 million’ as more crunch talks loom

CSIS study estimates nearly 1.2 million Russian and 600,000 Ukrainian casualties, as the US tries to broker a deal between the warring sides.

Hong Kong healthcare and hospitals

‘Don’t blindly follow’ US changes to infant vaccines, Hong Kong tells parents

Warning comes after US health authorities scaled back routine child vaccine recommendations, leaving key shots to parental choice.

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Fintech

China second to US in global AI finance index, with Hong Kong third as city hub

China rated the strongest country in converting AI capacity into production use, while Hong Kong trailed New York and London as finance hub.

China outperformed all countries in financial sector AI maturity, according to the Global AI Competitiveness Index. Photo: Reuters
Middle East

Trump warns Iraq against returning former prime minister to power

US president says the US will ‘no longer help’ if Nouri al-Maliki is prime minister again.

Donald Trump

US congresswoman sprayed with unknown substance in town hall attack

A man was tackled and detained after lunging at Ilhan Omar after she called for the abolition of ICE and resignation of Kristi Noem.

Hong Kong stock market

Hong Kong stocks maintain momentum to hit 4.5-year high

Busy Ming Group, China’s largest snack and drinks retailer, gains 69 per cent on its Hong Kong debut.

Hong stocks continued adding to their recent gains on Wednesday. Photo: Shutterstock
The Philippines

New gas find prompts Philippines to step up defence of energy frontier

The move to boost security around Malampaya East-1 is seen as a test case for protecting future offshore energy projects in contested waters.

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Drilling of the Malampaya East-1 reservoir in Palawan province, Philippines, on January 19. Photo: Prime Energy via AP
Asean

Opinion | Why Southeast Asia should not fear Trump’s disruption

Instead of joining Trump’s neocolonial ‘Board of Peace’, Southeast Asian leaders should seize the chance to help rebuild a global order that is just and equitable.

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China economy

Opinion | China’s slowing overseas investment reflects caution, not retreat

Amid rising protectionism and increased pushback in advanced economies, Beijing is strategically recalibrating its investments abroad.

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Japan

Why Japan’s public is ‘happy’ to see a Chinese tourist drought

Travel operators say business has so far remained resilient, with strong demand from other parts of Asia, Europe and the US.

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A Chinese tourist group is led by a tour guide in Asakusa, a popular sightseeing spot in Tokyo, Japan, in November 2025. Photo: Reuters
Crime

Man who beat 4 to death in New York Chinatown heard voices telling him to kill

Randy Santos is asserting an insanity defence after admitting to the fatal bludgeoning of four men in 2019, including one from Hong Kong.

Randy Santos (centre) is arraigned in New York in October 2019 for the murder of four homeless men. Photo: New York Post via AP
Donald Trump

After killings in Minneapolis, Trump says will ‘de-escalate a little bit’

‘Border tsar’ meets with Minnesota leaders after the fatal shooting of ICU nurse Alex Pretti sparks a crisis.

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Banking & finance

Trump says the US dollar can move like a yo-yo. Will Treasuries be left hanging?

With the US president levelling threats at enemies, allies and his own central bank, alternatives like gold and Chinese assets are gaining appeal.

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US-China relations

US-China cooperation backed by most Americans, new national survey reveals

C100 study finds bipartisan public support for dialogue despite Washington’s tougher stance on visas, research collaboration and tariffs.

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Despite some of US President Donald Trump’s populist rhetoric, a C100 study has found that Americans broadly support Washington and Beijing working more closely together. Photo: AP
Gun violence in the US

US Border Patrol shoots and wounds human trafficking suspect in Arizona

Incident occurred in Arivaca, near the US-Mexico border, and follows recent controversial shootings by immigration agents.

Donald Trump

‘Doomsday Clock’ moves closer to midnight than ever before. Here’s why

Scientists behind the ‘Doomsday Clock’ set it to 85 seconds to midnight, the theoretical point of annihilation.

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China-Latin America relations

China’s CMOC makes US$1 billion Brazil gold push as bullion jumps on rising global risks

Company gains three Brazilian mines as gold tops US$5,000 per ounce, highlighting Beijing’s resource push amid US-led geopolitical strains.

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The Aurizona mine is an open-pit gold operation located near Godofredo Viana in Maranhao, Brazil. Photo: Handout
Canada

Carney rolls eyes at Bessent, tells Trump he meant what he said at Davos

The PM denies walking back his remarks and says his country plans to diversify away from the US with a dozen new trade deals.

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Canada’s Prime Minister Mark Carney speaks during the World Economic Forum meeting in Davos, Switzerland, on January 20. Photo: Reuters
US-China relations

TikTok cites glitch as California probes alleged Trump-critical censorship

Governor Gavin Newsom launches state review after reports of blocked posts, as TikTok blames a data-centre outage days after its US deal.

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North Korea

North Korea fires ballistic missiles as US signals defence shift

As the Trump administration seeks to focus on the US homeland, it is urging South Korea to take the primary role in deterring Pyongyang.

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Donald Trump

‘Taco Trump’ tally: US president carries out only 25% of tariff threats

Analysis finds Trump’s tariff threats often go unfulfilled, or retracted, with markets dismissing them as strategic bluster rather than firm policy.

(FILES) US President Donald Trump holds a chart as he delivers remarks on reciprocal tariffs in Washington on April 2, 2025. Photo: AFP
Donald Trump

Judge orders ICE chief to court over Trump’s immigration crackdown

Judge demands ICE chief explain why officials denied detained immigrants due process amid Trump’s crackdown in Minnesota.

Federal agents attempt to push protesters back near the scene of a shooting by a federal agent in Minneapolis on January 14. Photo: TNS
Science

Chinese satellite forces 4,400 of its Starlink rivals into lower altitude: study

Researchers in China said the SpaceX decision was ‘directly triggered’ by a close call between two satellites in December.

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US-China trade war

Trump sells tariffs as farmers’ win in Iowa, but many aren’t buying it

As US president courts rural voters before midterms, growers fear Beijing may retaliate against Trump policies by curbing purchases again.

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