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1. Beijing’s emphasis on security weighing on US firms’ optimism: AmCham China

   American enterprises operating in China lauded improvements in the country’s regulatory environment and more “openness”, but long-standing concerns over access and Beijing’s emphasis on security continue to weigh on optimism, with expectations for US President Donald Trump’s looming China visit also muted, according to a leading business chamber. Targeted regulatory refinement in some sectors,...

2. Fifa World Cup: Italy underwhelmed by Trump envoy’s suggestion they should replace Iran

   The suggestion that Iran should be replaced by Italy at this year’s World Cup drew a mix of embarrassment and apathy from Azzurri fans on Thursday, with Italian media pointing out that the idea had a very familiar feel. Donald Trump’s US special envoy Paolo Zampolli told the Financial Times that he made the suggestion to the US President and Fifa head Gianni Infantino. “I’m an Italian native and...

3. Millions of Americans may now also be considered Canadian under new law

   Potentially millions of Americans suddenly have a much easier path to Canadian citizenship, prompting a rush of people to explore their ancestry and file paperwork seeking dual citizenship. For people like Zack Loud of Farmington, Minnesota, it was a surprise to learn that under a new law, Canada already considered him and his siblings citizens because their grandmother is Canadian. “My wife and...

4. US reclassifies certain marijuana products as a less-dangerous drug

   The US Department of Justice is reclassifying FDA-approved and state-licensed marijuana as a less dangerous drug, Acting Attorney General Todd Blanche said on Thursday. The announcement does not legalise marijuana across the United States. In a post on X, Blanche said the Justice Department was “immediately rescheduling FDA-approved marijuana and state-licensed marijuana from Schedule I to...

5. All Hong Kong public universities make Asian league table top 100 for first time

   For the first time, all eight Hong Kong public universities have been ranked among the top 100 in a widely watched Asian league table, with the city’s two oldest tertiary institutions ranking among the region’s top 10. Phil Baty, chief global affairs officer of Times Higher Education (THE), also highlighted Hong Kong’s role as a world-leading education hub, noting it remained the only metropolis...

6. Defects – not jumping tourists – caused deadly Xinjiang bridge collapse: report

   Authorities in China’s western Xinjiang Uygur autonomous region have blamed construction defects and management failures – rather than the actions of tourists – for a deadly suspension bridge failure last summer. In a report released on Thursday, investigators concluded that “legal violations, gross negligence and dereliction of duty” caused the Jiangjun Bridge at the Xiata Scenic Area in Yili...

7. China targets greener AI data centres, heavy industry in push to meet 2030 climate goals

   China has released new guidelines to reduce carbon emissions across strategic sectors – including energy-intensive data centres – as Beijing pushes to secure its 2030 climate targets amid volatile energy prices triggered by the US-Israeli war in Iran. The 18-point document, issued by the ruling Communist Party’s powerful Central Committee and the State Council, China’s cabinet, called on heavy...

8. Blooming good: Monet, maestros shine as garden art bridges East and West

   Two famed water lily paintings by French Impressionist master Claude Monet will go on display in Hong Kong from Friday in a free exhibition highlighting cultural exchange between East and West. The show, titled “Blooming: the Art of Garden in East and West”, brings together more than 100 sets of exhibits from the Art Institute of Chicago, Beijing’s Palace Museum and the Palace of Versailles in...

9. EU approves US$106 billion loan to Ukraine after Hungary lifts veto

   The European Union on Thursday approved a massive loan package to help Ukraine meet its economic and military needs for the next two years, the bloc’s Cypriot presidency said, after Hungary lifted its veto. The EU also approved a new raft of sanctions against Russia over its war on Ukraine. The measures were prepared early this year and set to be announced in February to mark the fourth...

10. Hong Kong airport’s revenue ‘expected to grow by up to 10%’ despite Mideast war

    Hong Kong International Airport expects revenue to grow by up to 10 per cent this year despite disruptions from the Iran conflict, with its chief executive aiming to position it as an alternative hub to the Middle East. In a wide-ranging interview with the South China Morning Post on Thursday, Airport Authority Hong Kong CEO Vivian Cheung Kar-fay said flights that had been cancelled due to the...