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All the latest breaking news from Hong Kong, China and around the world
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Everlane, the retailer that bucked the fast-fashion industry by promising affordable ethically sourced and sustainable clothing, is being acquired by the king of fast-fashion, China’s Shein.
A letter to Everlane employees from CEO Alfred Chang confirming the deal was obtained by Associated Press on Friday.
Everlane did not disclose a purchase price. Shein declined to comment.
Everlane was...
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Chinese AI firms MiniMax Group and Knowledge Atlas Technology – better known as Zhipu AI – will join the Hang Seng Tech Index next month.
Their inclusion follows investor criticism that the city’s primary technology gauge has underperformed by missing out on the global artificial intelligence boom.
Concurrently, Shanghai-based courier J&T Global Express, lightweight metal giant Aluminum Corp of...
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China has moved to ease residency restrictions that prevent migrant workers from accessing social insurance where they work, in a sweeping effort to expand coverage and strengthen labour protections nationwide.
The new measures were announced on Friday by the State Council, China’s cabinet.
The move is part of China’s broader push to create a unified national market by removing barriers to the...
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France’s former prime minister Gabriel Attal said on Friday he would run for president next year when Emmanuel Macron steps down, becoming the second prominent centrist to challenge the far-right.
“I can’t take this kind of French politics anymore, where it’s just 50 shades of managing decline,” said the 37-year-old, who was France’s youngest prime minister when he served in 2024.
He announced...
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The original think tank paper was published in Chinese. SCMP Plus members can read an English translation here.
A Chinese state think tank has offered a detailed road map to steer China and the US towards peaceful coexistence, as the competition between the two powers has entered a new strategic stalemate.
In a paper published on May 13 – the same day US President Donald Trump arrived in Beijing...
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Chinese Foreign Minister Wang Yi’s coming trip to New York and Canada is expected to lay the groundwork for President Xi Jinping’s state visit to the US and warmer ties with Ottawa.
China’s foreign ministry said on Friday that Wang would chair a high-level meeting of the UN Security Council in New York on May 26, followed by a visit to Canada from May 28 to 30.
The New York leg of Wang’s trip...
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The head of the World Health Organization said on Friday that the Ebola outbreak in Congo is “spreading rapidly” and now poses a “very high” risk at the national level.
WHO director general Tedros Adhanom Ghebreyesus said the UN health agency was revising upwards to “very high” its assessment of the risk within Congo, which had previously been deemed as high. The risk remains high for regional...
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The expanded second passenger terminal at Hong Kong International Airport will be crucial to the city’s role as a global aviation hub, with its departure concourse set to open at the end of next year, the managing authority has said.
The Airport Authority said on Friday that Terminal 2 would open on May 27 and travellers would check in, clear immigration and undergo security checks before...
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HK Electric customers are set to pay more for their energy bills next month after the Hong Kong company announced a 20.4 per cent rise in its fuel charge as the ongoing war in the Middle East contributed to volatile oil prices.
The energy provider, which mainly serves Hong Kong Island and Lamma Island, also warned on Friday that the charge was expected to continue rising “in the coming...
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On the face of it, US President Donald Trump’s China visit can be characterised by five Bs: beef, beans, Boeings, a board of investment and a board of trade. No wonder Trump rated his visit a “12 on a scale of one to 10”. Just the 200 Boeing aircraft China has agreed to buy is worth the presidential visit.
China has achieved no less. Compared with beef, beans and Boeings, the boards of...