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1. Hong Kong secures US$3.5 billion to fund Northern Metropolis and green projects

   Hong Kong has raised HK$27.6 billion (US$3.5 billion) through a green and infrastructure bond sale to finance the Northern Metropolis and low-carbon transformation projects. The offering drew investors from more than 30 markets across Asia, Europe, the Middle East and the Americas, signalling global institutional investors’ confidence in Hong Kong’s development, the Hong Kong Monetary Authority...

2. SCMP takes home 3 honours from Global Media Awards, including win for infographic

   The South China Morning Post has taken home three honours at the International News Media Association’s 2026 Global Media Awards, with its infographic on Hong Kong’s deadly Tai Po fire winning first place for the best use of visual journalism. The awards were announced and presented in Berlin on Thursday, with the SCMP being the only Hong Kong media outlet recognised at the prestigious annual...

3. Asean to step up push for South China Sea code, energy security

   Deeper economic cooperation between China and the Association of Southeast Asian Nations will hinge on whether a code can be laid down to govern maritime territory and activity in the South China Sea, Philippine leader Ferdinand Marcos Jnr has said. “We cannot institutionalise any of those things until the code of conduct is finalised,” he told a press conference on Friday at the close of the...

4. US adds 115,000 jobs in April, but experts warn of hidden weakness in economy

   US employment rose more than expected in April, while the unemployment rate remained steady, government data showed, with the world’s largest economy firming recent labour market gains but analysts warning of underlying weakness. “Total nonfarm payroll employment edged up by 115,000 in April, and the unemployment rate was unchanged at 4.3 per cent,” the US Bureau of Labour Statistics (BLS)...

5. China and US in AI revolution race as tech rivals battle for global supremacy

   At a New York City ballroom late last month, a crowd of hi-tech luminaries gathered at an honours ceremony. The biggest draw for the assembled tech geniuses was Nvidia founder Jensen Huang, the superstar head of one of the world’s most valuable companies, set to receive the night’s top award. In some ways, engineers have been at the centre of every industrial revolution, Huang told the crowd,...

6. Ke Tao, China’s remote sensing expert who was ‘devoted’ to national defence, dies at 48

   China’s top remote sensing expert Ke Tao died from an illness on Wednesday at the age of 48, according to an obituary from Wuhan University. “Comrade Ke Tao made outstanding achievements in national defence science and technology and remote sensing mapping,” the obituary released on Thursday by the university’s School of Remote Sensing and Information Engineering said. Ke, a professor at the...

7. 3 convicted in Hong Kong’s largest football match-fixing scandal in years

   A Hong Kong court has convicted two footballers and a betting agent of bribing fellow players to rig game outcomes in the city’s largest match-fixing case in recent years. Former Hong Kong Under-23 player Brian Fok was convicted on Friday of five charges, including three counts of offering an advantage to an agent in violation of the Prevention of Bribery Ordinance. The 32-year-old Nigerian-born...

8. Chinese EV maker Leapmotor taps Stellantis’ Spanish plant for EU production

   Leapmotor, one of China’s strongest-performing electric vehicle (EV) makers this year, has taken a major step towards building cars locally for European customers after agreeing with shareholder Stellantis to add a line at a Spanish plant previously earmarked for Opel. The Hangzhou-based company and Stellantis, owner of Peugeot, Fiat and Jeep, would jointly build Opel’s new fully electric...

9. China’s shipping firms brace for a new ‘era of chaos’ as Iran war drags on

   China’s shipping giants are bracing for a harsh new reality of persistent global volatility, as the closure of the Strait of Hormuz shifts from being a problem of transit delays to a hard volume shock. With the crucial energy corridor still paralysed as the US-Israel war on Iran drags on with no clear end in sight, China’s state-backed shipping majors are doubling down on long-term contracts and...

10. Pentagon releases new files on UFOs, praises Trump’s ‘transparency’ push

    The Pentagon has begun releasing new files on UFOs, saying members of the public can draw their own conclusions on “unidentified anomalous phenomena” (UAP). Besides the Pentagon, the effort is led by the White House, the director of national intelligence, the Energy Department, Nasa and the FBI. The Pentagon said on Friday in a social media post that while past administrations sought to...