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News - South China Morning Post
  1. Japan has pledged US$10 billion to its Asian neighbours in energy support, in what analysts say is a strategic bid to counter China’s regional influence and position itself as a reliable partner as the Iran war upends global oil markets and supply chains. However, one observer argued that the move’s impact might be limited, given Japan’s inability to alter the ground realities in the Middle East...
  2. A wave of companies, from the start-up launched by artificial intelligence “godmother” Li Fei-Fei to the largest Chinese tech firms, are racing to introduce their latest approaches to world models – an emerging field aimed at extending AI beyond language processing to learning from and comprehending physical reality. Alibaba Group Holding on Thursday unveiled Happy Oyster, which it called an...
  3. Trade tensions between the US and China have made companies around the world less keen to invest in either country, with the United States almost twice as unpopular, according to a new report from Allianz Trade. The report, based on an annual survey by the Paris-based international insurance company, said US-China decoupling had not materialised, but investment intention towards China had...
  4. Hong Kong authorities expect students as young as six to “feel proud to be Chinese” and to have a basic understanding of national affairs, according to a revamped guide on values education stressing patriotism. The 2026 Values Education Curriculum Framework, published by the Education Bureau on Thursday, applies to all government, aided, special and private schools, as well as those under the...
  5. Pope Leo blasted leaders who spend billions on wars and said the world was “being ravaged by a handful of tyrants”, in unusually forceful remarks in Cameroon on Thursday after US President Donald Trump attacked him again on social media. Leo, the first US pope, also decried leaders who used religious language to justify wars and urged a “decisive change of course” in a meeting in the biggest...
  6. Beijing has raised the limit on banks’ overseas lending – a move that analysts say will support Chinese firms in outbound investment expansions while helping to stabilise the yuan. Regulators raised the overseas-loan leverage ratio for foreign banks in China and their joint ventures with Chinese lenders from 0.5 to 1.5 on Wednesday, according to a statement published by the central bank and the...
  7. The quiet conclusion of US and Iranian backchannel engagements in Islamabad left more than diplomatic ambiguity. It crystallised a striking image: a financially strained, politically volatile Pakistan briefly positioning itself as a facilitator in one of the world’s most combustible rivalries. Substantive or symbolic, the episode underscores a deeper churn in West Asian geopolitics – one in...
  8. The owner of a luxury home at a seaside estate in Hong Kong has been fined HK$110,000 (US$14,039) for building illegal structures and a swimming pool following a government crackdown triggered by a record-breaking rainstorm and an investigation by the South China Morning Post. Sunset Boulevard Company, which owns House No 76 at Redhill Peninsula, the luxury low-rise estate in Tai Tam, was...
  9. China’s prototype Qingzhou robotic cargo spacecraft successfully conducted capture and towing operations on “non-cooperative” space targets, state broadcaster CCTV reported on Thursday. The progress paves the way for so-called orbital tow trucks capable of clearing space debris and derelict satellites. The prototype spacecraft launched last month also conducted a suite of in-orbit experiments...
  10. Europe has “maybe 6 weeks or so [of] jet fuel left”, the head of the International Energy Agency said on Thursday in a wide-ranging interview, warning of possible flight cancellations “soon” if oil supplies remain blocked by the Iran war. IEA executive director Fatih Birol painted a sobering picture of the global repercussions of what he called “the largest energy crisis we have ever faced”,...