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All the latest breaking news from Hong Kong, China and around the world
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Concerns about the impact of generative artificial intelligence (AI) abound. At the end of last year, uncertainty over the monetisation of AI was the dominant theme in stock markets. Many investors are worried about the mismatch between the vast sums of money being spent on computing power and the relatively meagre revenues from AI companies and services.
While monetisation remains a major...
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China’s Harbour BioMed has struck a deal worth more than US$1.2 billion with a clinical-stage biotechnology company to develop and commercialise an antibody outside China, as the country’s novel drug makers increasingly secure not only upfront licensing fees but also long-term international partnerships.
The Shanghai-based company announced a licence and equity agreement on Monday with Solstice...
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Ukrainian President Volodymyr Zelensky has said that he believes that Russian President Vladimir Putin “has already begun” World War III, in an interview with British broadcaster BBC.
Speaking in Kyiv over the weekend ahead of the fourth anniversary of the conflict between Russia and Ukraine on Tuesday, Zelensky said that his view of the conflict was different from that of US President Donald...
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Hong Kong’s civil service chief has defended the decision to open up recruitment externally for the role of food and environmental hygiene director, saying the move aims to attract experts who can take the lead in using technology to enforce laws.
Secretary for the Civil Service Ingrid Yeung Ho Poi-yan also stressed that anyone hired externally would have no chance to climb the ranks as the next...
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In a research greenhouse in eastern China’s Zhejiang province, the tomatoes looked ordinary, but they carried a surprisingly sweet scent – the aroma of buttered popcorn.
It was not the result of accidental crossbreeding but a precise surgical edit in the tomato genome, performed by the CRISPR/Cas9 tool.
Two genes responsible for suppressing aromatic compounds were simultaneously silenced. Then...
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China’s shop rents have slid back to 2018 levels as subdued consumer spending continues to weigh on the retail sector, with analysts expecting the pressure to persist for another one to two years.
In the second half of 2025, average rents across 100 major commercial streets in 15 key mainland cities fell to 24 yuan (US$3.50) per square metre per day — the lowest level since the second half of...
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A Chinese restaurant located in Mei Tin Commercial Complex in Hong Kong’s Sha Tin district has been burgled, with HK$800,000 (US$100,300) in cash stolen, according to police.
The force received a report from a 54-year-old staff member at around 6.30am on Monday, and deployed officers to the scene.
“After a preliminary count, it is believed that around HK$800,000 in cash has gone missing,” police...
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Chinese travellers are outspending their Asian peers at the region’s airports in search of gifts, food and luxury purchases, a trade association has found.
Passengers from China have led the recovery in Asia’s airport retail since the Covid-19 pandemic, spending twice the regional average on luxury goods, according to a study by the Airports Council International (ACI) Asia-Pacific and Middle...
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As feline companions, cats have woven themselves into the fabric of modern Chinese life, appearing in homes, cafes and even fashion shows.
But what you might not know is that their appeal is rooted in ancient times.
In fact, bringing a cat into the home and raising it as a pet once followed rituals similar to marriage in ancient China.
Scientists have revealed that the earliest domestic cats...
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A packed bus on its way to Nepal’s capital drove off a mountain highway in Nepal early on Monday, killing 19 people including Chinese and British nationals and leaving another 25 wounded.
There were dozens of people on board the bus, which was heading from the resort city of Pokhara to Kathmandu when it drove off the Prithvi highway after midnight, police said. The bus rolled down a mountain...