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News - South China Morning Post
  1. Chinese President Xi Jinping called for strengthening communication and trust amid global uncertainties in a meeting with visiting German Chancellor Friedrich Merz on Wednesday. During the meeting in Beijing, Xi said the international landscape this year was marked by turbulence and intertwined crises, saying the world was experiencing “changes unseen in a century”. “The more turbulent and...
  2. A confrontation between a foreign tourist and residents on a popular Indonesian holiday island has reignited debate over the regulation of mosque loudspeakers in the Muslim-majority country. The dispute, involving a New Zealand national on Gili Trawangan, has drawn fresh attention to whether related government guidelines on the use of such speakers should instead become a binding law. On...
  3. Richard Liu, founder of China’s retail giant JD.com, has launched a nautical brand to build out the country’s yacht industry, riding a wave of policy support to tap a fast-growing domestic market and make the vessels – traditionally associated with affluence and luxury – accessible to “everyday consumers”. Liu’s brand, Sea Expandary, signed a strategic framework agreement on Tuesday with the...
  4. As the United States assembles its greatest military firepower in decades in the Middle East, Iranians are warily awaiting the next round of talks with the US in Geneva this week – negotiations that many see as a last chance for their ruling theocracy to strike a deal with US President Donald Trump. Some say the situation feels hopeless. Battered by decades of sanctions, heightened by Trump’s...
  5. Hong Kong authorities will offer sweeteners of about HK$22 billion (US$2.8 billion) to residents and businesses, up from HK$7.8 billion last year, as public coffers are set to pivot from a deficit to a surplus. Financial Secretary Paul Chan Mo-po on Wednesday announced a raft of tax concessions and allowances in his annual budget, almost three times what was offered last year. “Hong Kong’s...
  6. Malaysia has blocked access to LGBTQ networking and dating sites Grindr and Blued, with authorities reviewing legal measures to curb their apps in the Muslim-majority nation. The Malaysian Communications and Multimedia Commission (MCMC), the country’s internet regulator, is “examining several legislative measures to curb these applications”, the communications ministry said in a written...
  7. US President Donald Trump pushed a message of economic strength and global leadership in the first State of the Union address of his second term on Tuesday night, seeking to rally voters ahead of the November midterm elections. In the nearly two-hour speech – the longest of its kind – the American leader made no direct mention of China, a move analysts said could be aimed at avoiding fresh...
  8. Canadian Prime Minister Mark Carney’s coming trip to India is expected to further efforts for a diplomatic reset and strengthen Canada’s trade links with the world’s fourth biggest economy. Carney arrives in New Delhi on Thursday, as part of a regional tour that also takes in Australia and Japan. Analysts see this as a clear signal of Ottawa and Delhi’s shared intent to prioritise economic...
  9. Hong Kong raised its economic growth forecast to between 2.5 per cent and 3.5 per cent this year, as Financial Secretary Paul Chan delivered a budget speech focused on diversifying growth and boosting innovation. The city also will end deficits ahead of schedule, aided by economic growth and stronger stock trading, with an expected consolidated surplus of HK$2.9 billion for the financial year...
  10. The International Monetary Fund (IMF) has called on China to make the shift to a consumption-led growth model an “overarching priority”, while urging the country to curb what it called “unwarranted industrial policy” amid mounting external imbalances. The IMF staff’s recommendations, issued ahead of Beijing’s annual parliamentary meetings, joined increasingly loud calls for economic rebalancing,...