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1. Hong Kong investment company HKIC to get expanded remit after early gains

   All eyes on Wednesday will be on how the government plans to give a big push to its latest investment darling, the Hong Kong Investment Corporation, its three-year-old vehicle that has yielded impressive early gains. Sources told the South China Morning Post that the HKIC would come up as a key highlight in Financial Secretary Paul Chan Mo-po’s budget statement to be delivered on Wednesday. It...

2. American killer in Bali ‘suitcase murder’ case deported from Indonesia to face US charges

   An American convicted of killing the mother of his then-pregnant teenage girlfriend at an Indonesian luxury hotel was deported on Tuesday after his early release from prison, immigration authorities said. Tommy Schaefer, 32, was released last week from prison on the island of Bali and moved to an immigration detention facility there on Friday. He boarded a flight late on Tuesday bound for the...

3. Hong Kong officer shot inside police station, investigation under way

   A female Hong Kong officer was shot inside a police station on Wednesday, the South China Morning Post has learned. A source said a police officer opened fire inside Kwun Tong Police Station at about 7.45am. But the insider did not specify whether that officer was also the one who was shot. Local media reported that Commissioner of Police Joe Chow Yat-ming was seen at the station after the...

4. US President Donald Trump delivers State of the Union address

   This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Get faster notifications on the latest updates by downloading our app. US President Donald Trump is delivering the traditional State of the Union address to a divided Congress, reviewing his first year in office and outlining priorities ahead of the 2026...

5. Singapore prime minister attacked by hundreds of Chinese-language fake AI videos

   Hundreds of AI-generated Chinese-language YouTube videos have been targeting Singapore and Prime Minister Lawrence Wong as part of an ongoing disinformation campaign. Seven in 10 videos attack Wong specifically, fabricating narratives about his leadership role being under threat and spreading conspiracy theories about political infighting in Singapore. The videos have racked up millions of views...

6. Chomsky’s legacy should be understood beyond the Epstein files

   It has been a sad time for the legions of fans of Noam Chomsky, having to see their hero in a photo hobnobbing with the late paedophile and sex trafficker Jeffrey Epstein inside the latter’s private jet. The picture and their email exchanges were part of millions of pages released by the US Justice Department from its so-called Epstein files. So far, the most high-profile fallouts have been,...

7. China boss offers US$26 million bonus; staff can take as many bills as possible within set time

   A Chinese company and its boss have gone viral on mainland social media for distributing 180 million yuan (US$26 million) in year-end bonuses out of 270 million yuan in profits, sparking widespread envy among netizens. On February 13, Henan Kuangshan Crane Co., Ltd. held its annual company gala, during which more than 60 million yuan (US$8.7 million) in cash bonuses were distributed on site. At...

8. US warns of deep distrust even as officials seek stable China ties for summit

   Just hours apart on Capitol Hill on Tuesday, two congressional hearings laid bare the United States’ calibrated yet deeply sceptical approach to China, with senior officials stressing the pursuit of stable ties without trust and highlighting alleged Chinese efforts to steal or circumvent US technology restrictions. The officials’ appearances before Congress reflected bipartisan concern and...

9. ‘Huge funds’ for tech hub, incentives for aerospace sector in Hong Kong budget: sources

   Hong Kong’s finance chief will earmark substantial funds for a new innovation hub near the border with mainland China and include incentives to attract more aerospace players to the city in his budget, government sources have said. Highlighting innovation as a key theme of Financial Secretary Paul Chan Mo-po’s budget speech to be delivered on Wednesday, the insiders told the South China Morning...

10. Why Brics can’t do away with US dollar even as currency cooperation rises

    Brazil’s dismissal of the idea of a Brics currency signals that the bloc may continue to pursue less politically fraught monetary cooperation that stops short of challenging the US dollar’s dominance, such as swaps and seamless payment systems, according to analysts. During Brazilian President Luiz Inacio Lula da Silva’s recent trip to India, Lula sought to downplay speculation that the...