Denmark’s Prime Minister Mette Frederiksen called an early election for March 24, betting a popularity boost from a stand-off with US President Donald Trump over Greenland will help secure her another term in office.
The move comes after the US president revived claims over the Arctic territory in early January, causing a diplomatic rift with Europe. The rupture in relations bolstered...
German Chancellor Friedrich Merz has concluded his first visit to China, hailing the “good cooperation” with Beijing as Berlin seeks to rebalance ties with its biggest trading partner amid the unpredictability of the Trump administration.
Merz characterised the visit as “worthwhile”, noting that China would buy up to 120 additional aircraft from Airbus SE. The company operates two assembly lines...
A combination of a strong initial public offering (IPO) market and bond sales has helped put Hong Kong’s financial health back in the black sooner than expected, with analysts expecting a robust pipeline of listings to be key to sustaining the city’s surplus.
In his budget speech on Wednesday, Financial Secretary Paul Chan Mo-po said the city was previously expected to record a HK$67 billion...
Hong Kong authorities have said that residents of fire-ravaged Wang Fuk Court will be allowed to return to their flats to collect personal belongings by late April – nearly five months after the city’s deadliest inferno in decades killed 168 people and displaced nearly 5,000 at the Tai Po estate.
The announcement came a day after more than 630 displaced homeowners petitioned the government for...
China’s top legislature has removed nine military officials from its list of deputies ahead of Beijing’s biggest annual political meeting next week, according to state news agency Xinhua.
The National People’s Congress (NPC) updated its list of deputies from the People’s Liberation Army (PLA) and People’s Armed Police delegation on Thursday, reducing the total to 243.
Among the deputies removed...
The president and CEO of the World Economic Forum, Borge Brende, said he was stepping down on Thursday, a few weeks after the forum launched an independent investigation into his relationship with sex offender Jeffrey Epstein.
Brende, who became president of the WEF in 2017, announced his decision in a statement following disclosures from the US Justice Department that showed the Norwegian had...
Hong Kong authorities are open to supporting universities in issuing bonds to fund the development of the proposed University Town in the Northern Metropolis, with lawmakers calling for a dedicated approval and credit rating mechanism.
Financial Secretary Paul Chan Mo-po told a meeting of the Legislative Council’s Finance Committee on Thursday the issuance of a “tertiary education bond” to...
Four years after launching the full-scale invasion of Ukraine, Russia has not achieved any of its strategic goals. The conflict – now lasting longer than the Soviet Union’s fight against Germany in World War II – has only caused Moscow to lose its influence dramatically in the post-Soviet space. Is there a way out of the Kremlin’s Ukraine adventure?
In the early days of war, which erupted on...
The value of collateral assets used by banks for commercial property loans is expected to continue declining in 2026, according to S&P Global Ratings, as the sector has yet to find a clear bottom.
“More collateral pain is likely this year for Hong Kong banks,” the credit rating agency said in a report published on Thursday, adding that a subset of small banks could face more acute strain.
That...
A Chinese consulate in Russia has issued a rare reminder to Chinese nationals about a new, little-discussed Russian law requiring foreign men under 65 applying for long-term residency to agree to do at least a year of military service for Moscow.
In a notice on its social media account on Sunday, the Chinese consulate in Vladivostok advised Chinese nationals to “take note of” new regulations on...