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1. Huawei seeks to match best chips without best chipmaking gear

   Chinese tech giant Huawei Technologies said it had found a way to make semiconductors on a par with the best worldwide without having to use cutting-edge chipmaking equipment it is unable to access due to US sanctions. The breakthrough will allow Huawei to make high-end chips that are equivalent to 1.4 nanometres by 2031, He Tingbo, president of the company’s semiconductor business, told a tech...

2. Hong Kong to roll out 2-month subsidy on LPG to ease burden on transport firms

   Hong Kong authorities will offer a subsidy of HK$0.50 per litre on liquefied petroleum gas (LPG) from this Sunday to July 30 to ease the pressure of soaring fuel prices caused by the Middle East war on local transport companies, which run more than 20,000 vehicles from taxis to minibuses and school buses. A Hong Kong government spokesman announced on Wednesday that the measure will be...

3. South Korea aims to join China, US at top tier of ‘loyal wingman’ combat drone race

   South Korea’s programme to develop engines that can power flying drones to serve as loyal wingmen for fighter jets suggests that Seoul has set its sights on competing at the top level in the global market for autonomous military systems, analysts said. Hanwha Aerospace, one of the country’s largest defence contractors, announced the programme on Tuesday – a joint project with South Korean space...

4. Kuaishou beats estimates as Kling AI video generator’s revenue jumps 300%

   Chinese short-video company Kuaishou Technology beat estimates with 33.7 billion yuan (US$5 billion) in revenue in the first quarter, driven by the rapid commercialisation of its flagship artificial intelligence video generator, Kling AI. Overall revenue grew 3.4 per cent, but Kling’s revenue surged more than 300 per cent to 650 million yuan in the period, the company said on Wednesday. “AI...

5. Failed M1-Simba merger prolongs Singapore’s cutthroat telco price war

   The unravelling of a S$1.43 billion (US$1.12 billion) merger between Singapore mobile operators M1 and Simba has highlighted the city state’s brutally competitive telecoms market, revealing a potential regulatory minefield around scarce radio spectrum. The foiled deal would also mean Singapore’s mobile network operators – Singtel, StarHub, M1 and Simba – will continue to operate in a cutthroat...

6. Meet He Tingbo: Huawei’s ‘chip queen’ trying to rewrite China’s semiconductor playbook

   When He Tingbo took the stage in Shanghai this week to unveil Huawei Technologies’ Tau (τ) Scaling Law, the message was about more than a new chip development framework. It was also a statement, showing how the most prominent Chinese technology company to have been subjected to US sanctions wants to compete in semiconductors when access to the world’s most advanced chipmaking tools remains...

7. Top industrialist Sunny Chai picked to head firm developing San Tin Technopole

   Veteran industrialist Sunny Chai Ngai-chiu has been appointed as chairman of a government-owned company tasked with developing Hong Kong’s San Tin Technopole – a key pillar of the Northern Metropolis megaproject. Authorities said on Wednesday that the San Tin Technopole Company would be created in the first half of 2026, with Chai starting his three-year term as board chair on July 1. His tenure...

8. ‘Notorious’ Vietnam market defies raids, US tariff threats to sell luxury knock-offs

   At a sprawling bazaar ⁠on the outskirts of Vietnam’s capital, the trade in counterfeit goods is bustling despite government crackdowns and the threat of US tariffs over the issue, two visits by Reuters journalists to the market found. “Police come once a year with a TV crew. They film the seizure of a shop, and then it’s business as usual,” said a seller at her stall displaying fake Ralph Lauren...

9. Israel says it killed Hamas’ new armed wing chief in Gaza strike

   Israel said on Wednesday ⁠it had killed Hamas’ newly appointed armed wing chief in Gaza, days after it killed his predecessor, while intensifying military pressure in Gaza and expanding operations in Lebanon. The Israeli military said Mohammad Odeh was killed in an operation in Gaza on Tuesday. A relative of Odeh confirmed his death to Reuters and said the funeral would take place after noon...

10. Man jailed 9 years for attempted rape after following victim from wet market

    A 67-year-old jobless divorcee with a history of criminal offences has been jailed for nine years for sexually assaulting a woman during a brazen daytime break-in at a public rental flat in Hong Kong two years ago. The High Court on Wednesday sentenced former dockworker Leung Kam-wah over the “very serious” offences committed against the 26-year-old mother after he tailed her from a wet market...