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News - South China Morning Post
  1. International and Chinese consumer brands will be forced to maintain a low-price strategy in mainland China amid persistent deflationary pressures, while looking to lower-tier cities and emerging sales channels for growth, according to a study by global consultancy Bain & Co and market research firm Kantar Worldpanel. Companies in the fast-moving consumer goods (FMCG) sector would need to...
  2. Indonesia is confronting its deadliest natural disaster in more than two decades as floods and landslides ravage Sumatra, overwhelming local authorities and prompting scrutiny of how President Prabowo Subianto’s administration is managing the crisis. Officials insist relief efforts have moved quickly, given how the scale of devastation demanded complex coordination, but critics and segments of...
  3. Andrej Babis, a billionaire supporter of US President Donald Trump, returned to power as Czech prime minister on Tuesday, signalling a possible end to Ukraine aid and potentially rockier ties with the European Union. Babis’s ANO movement, which won the October parliamentary elections, teamed up with two Eurosceptic parties to form a coalition government. In its policy statement, the coalition...
  4. Military aircraft from China and Russia entered South Korea’s air defence zone without notification on Tuesday, prompting the deployment of fighter jets, the Korean military said. The nine aircraft appeared to be part of a joint patrol in the area, their first such exercise in more than 12 months. They did not violate Korean airspace, the country’s military command authority said. According to...
  5. DeepSeek’s founder and CEO, Liang Wenfeng, has been listed among the top 10 “people who shaped science in 2025” by the British journal Nature, which hailed the 40-year-old entrepreneur as a “Chinese finance whizz” whose breakthrough artificial intelligence models had stunned the world. The Nature’s 10 profile of Liang recognised the disruption caused in January by the release of DeepSeek-R1, a...
  6. A man in southwestern China who broke a bone in his girlfriend’s chest during a prank staged a car accident and used her injuries to claim an insurance payout. The couple was recently arrested, bringing the case to light. According to mainland media outlet, Hongxing News, a man surnamed Wang from Panzhihua in Sichuan province had been in a long-term relationship with his girlfriend, surnamed...
  7. New Zealand’s largest naval vessel was followed by seven Chinese warships in a deployment to East Asia last month, including a rare transit through the Taiwan Strait, according to the Pacific nation’s military. HMNZS Aotearoa, a Polar-class replenishment vessel, was deployed to the East China and Yellow seas with allies, the New Zealand Defence Force said in a statement on Monday. “During the...
  8. The death toll from Hong Kong’s worst fire in decades has risen to 160 after another resident of the inferno-ravaged Wang Fuk Court housing estate in Tai Po was confirmed as a fatality, the city’s police chief has said, with six people still missing. Commissioner of Police Joe Chow Yat-ming also said on Tuesday that the next stage of work at the site would involve removing scaffolding to search...
  9. A last-minute medical intervention halted the deportation of a Filipino man from the United States after advocates warned that his deteriorating condition and months of alleged neglect in immigration custody had put his life at risk. Greggy Valerio Sorio, a 37-year-old long-time US resident affectionately known as Kuya G, had already boarded a plane bound for Manila on Sunday night when...
  10. Hong Kong boasts the strongest institutional environment of any major financial hub but lags in growth and future readiness, according to a new index launched by New York University Abu Dhabi on Tuesday. The inaugural Financial Centres Competitiveness Index (FFCI), unveiled at Abu Dhabi Finance Week, ranked Hong Kong fourth overall, behind New York, London and Singapore. The index is built...