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1. US tech can use China as ‘listening post’ for global edge, Washington think tank explains

   US technology companies should stay in China, despite persistent political pressure for their exit, to capitalise on revenue potential and stifle local competition while monitoring consumer trends, according to a Washington-based policy think tank. Sales generated by American firms within China can be reinvested in research and development back in the United States, thereby helping “sustain US...

2. ‘Golden week’: Hong Kong draws more mainland Chinese visitors but spending uneven

   Hong Kong recorded a 4.8 per cent increase in mainland Chinese visitors in the first three days of the Labour Day “Golden Week” holiday, but industry players warned that uneven spending and more flexible travel patterns could weigh on business despite hotel occupancy rates potentially reaching 90 per cent. Immigration Department data showed mainlanders made 714,765 visits into the city between...

3. Wall Street dips, oil prices rise on reports of strike on US Navy vessel near Iran

   Wall Street dipped and oil prices jumped early on Monday on conflicting reports of a strike by Iran on a US Navy vessel outside the Strait of Hormuz. Futures for the S&P 500 were down 0.2 per cent before the opening bell, while futures for the Dow Jones Industrial Average lost 0.5 per cent. Nasdaq futures dipped 0.1 per cent. Oil prices initially jumped 5 per cent on the news that a US ship had...

4. Hong Kong police launch investigation after elderly couple found dead in flat

   A couple in their late eighties have been found dead in a To Kwa Wan flat, prompting Hong Kong police to launch an investigation. A security guard at Lok Seen Lau, a residential block in Lok Man Sun Chuen estate on Kau Pui Lung Road, reported a strange smell coming from the flat at around 4.15pm. Firefighters forced entry into the flat and discovered the couple, an 89-year-old man and his...

5. ‘Made in Europe’ law sets stage for an economic showdown with China

   Amid the trade war with the United States, the last thing China needs is an economic confrontation with the European Union – Beijing’s major export destination. But with the EU seemingly determined to protect its market by introducing measures that many see as controversial, an economic stand-off appears inevitable. When European Commission President Ursula von der Leyen blamed China last June...

6. Green group warns of disturbance to uninhabited island known for breeding seabirds

   A green group has spotted people landing on an uninhabited island in the southern Hong Kong waters known to be a regular breeding site for a seabird species during mainland China’s Labour Day “golden week” holiday, which coincides with its breeding season. Terns, known as “sea swallows”, are seabirds with typically white or light grey streamlined bodies, long pointed bills and forked...

7. Lift technician dies after 10-metre fall down shaft at Hong Kong luxury estate

   A worker died after falling 10 metres (33 feet) down a lift shaft he was repairing at a luxury estate in Hong Kong on Monday. A security guard at Block 4 of Pacific View on Tai Tam Road in Stanley reported the accident to police at 2.40pm. Rescue personnel pulled the 26-year-old worker from the shaft, but he had suffered head injuries and was certified dead at the scene. Police said the cause of...

8. Austria expels 3 Russian diplomats over signals spying

   Austria declared three Russian diplomats personae ⁠non gratae over ⁠an “antenna forest” on the roofs of ⁠diplomatic buildings that could be used for spying, the government said on Monday. Numerous satellite dishes placed on buildings used by the Russian state in Vienna, particularly a residential complex for diplomatic staff, have long attracted ‌the attention of Austria’s main domestic...

9. What’s behind the KMT’s internal splits over Taiwanese defence spending?

   Internal splits over defence spending are widening within Taiwan’s main opposition party, the Kuomintang, ahead of this year’s local elections. The party is facing growing pressure from the United States over its response to a proposed NT$1.25 trillion (US$40 billion) special defence budget put forward by the ruling Democratic Progressive Party to fund the purchase of arms from the US and the...

10. Hong Kong puts its own spin on DeepSeek with China-chip AI push abroad

    A Hong Kong government-backed artificial intelligence lab is preparing to launch a new model built on DeepSeek that can run entirely on Chinese-made chips. The Hong Kong Generative AI Research and Development Centre (HKGAI) plans to unveil its HKGAI-V3 model in the first half of this year as it looks to export its “sovereign AI” capabilities to overseas markets. The system was based on DeepSeek...