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1. China-Japan ferry halts service as tensions over Takaichi remarks flare

   A passenger ferry named after an ancient monk seen as a symbol of Sino-Japanese cultural exchange has suspended its service as Beijing continues its retaliation for Japanese Prime Minister Sanae Takaichi’s remarks on Taiwan. The Jian Zhen Hao ferry from Shanghai to Japan’s Osaka and Kobe has been suspended since Saturday “due to a request from the Chinese side” over concerns that the safety of...

2. New China guidelines to base asset managers’ pay on the performance of funds

   China’s securities regulator has called on the country’s 160 mutual fund houses to establish a performance-based salary mechanism, as part of efforts to uproot elitism from the industry. The China Securities Regulatory Commission (CSRC) has drawn up guidelines governing asset managers’ pay perks, suggesting that the performance of the funds they run should factor up to 80 per cent in determining...

3. In Philippines, Marcos’ ratings sink as anti-corruption drive ‘backfires’

   Philippine President Ferdinand Marcos Jnr is facing his lowest ratings yet since taking office in 2022, a trend observers warn could be a signal that his efforts to quell the spiralling corruption scandal around the country’s flood control projects are backfiring. Marcos’ satisfaction ratings fell to 21 per cent in November – a drop of 14 percentage points from August, and his steepest decline...

4. Steel bars brought in to strengthen building ravaged in Hong Kong’s Tai Po blaze

   Steel bars have been brought in to reinforce the structure of one of the fire-ravaged blocks in Tai Po’s Wang Fuk Court in Hong Kong, while investigations into the catastrophic blaze are expected to go on for two to three weeks. The Post observed on Monday afternoon a crane lifting bundles of steel bars above the 31st floor of Wang Cheong House – the first building to ignite in the...

5. Chinese minister calls for more opening-up as key planning meeting looms

   China’s commerce minister has urged the country to push forward with opening-up policies over the next five years to reshape China’s role in the global economy while bolstering domestic consumption, as Beijing gears up for one of its most important economic planning meetings of the year. Commerce Minister Wang Wentao highlighted China’s commitment to open markets and multilateral trade in an...

6. From ‘Ne Zha’ to ‘Queen of Votes’: Christine Fong’s path to Hong Kong Legco victory

   Earning her nickname “Ne Zha”, the little fire prince in Chinese folklore, from a role she played as a young actress nearly four decades ago, Hong Kong district councillor Christine Fong Kwok-shan has forged her political career with every bit of feistiness and stubbornness found in the mythical character. Her persistence has finally paid off, as the 59-year-old won her bid to the Legislative...

7. China’s security chief hints at US decline, says tech theft is a major concern

   China’s top espionage official has identified Taiwanese independence, technology theft, subversion and the defence of strategically important sea lanes as top priorities for the next five years. State Security Minister Chen Yixin identified the issues as his main priorities in an article published in Study Times, the mouthpiece of the Central Party School, which is used for ideological and...

8. 1 year after Assad’s fall, can Ahmed al-Sharaa deliver lasting peace in Syria?

   Syrians marked the first anniversary of the overthrow of Bashar al-Assad and his iron-fisted rule on Monday, as the fractured nation struggles to find stability and recover after years of war. Official celebrations are planned for the central Umayyad Square in Damascus, which has been packed with jubilant gatherings ahead of December 8, and in other parts of the country. Military parades are...

9. US defence chief touts ‘flexible realism’ with China ahead of strategy document

   US Defence Secretary Pete Hegseth sent out a message of peace, dialogue and “flexible realism” with China in a weekend speech that offered a brief preview of the forthcoming national defence strategy. In his keynote address at the annual Reagan National Defence Forum on Saturday, Hegseth said Washington was committed to putting “America first” and avoiding involvement in foreign entanglements as...

10. Macron’s trade ultimatum to China goes public: fix surplus or face tariffs

    Emmanuel Macron has warned Beijing that Europe would be forced to retaliate with “strong measures” against Chinese goods – including punitive tariffs modelled after US policy – if a trade imbalance between the two sides remains unaddressed well into 2026. Back in Paris, fresh from a diplomatic visit to China that ended on Friday, the French president told business newspaper Les Echos that China...