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News - South China Morning Post
  1. Elon Musk’s SpaceX on Thursday confirmed it will begin trading on the Nasdaq exchange Friday in the biggest initial public offering in history, a blockbuster market debut that could propel the entrepreneur to trillionaire status. In a filing with the US markets regulator, the company priced more than 555 million shares at US$135 each, placing SpaceX in the top 10 of Wall Street’s biggest...
  2. The United States must ensure the next chapter of responsible innovation is written in America, not in China, lawmakers and witnesses told a congressional hearing on Thursday as they sounded the alarm over US-China competition for global supremacy in artificial intelligence (AI). “Cyber security and national security must be taken seriously. The United States cannot afford to let China or any...
  3. A Toronto police officer was shot and killed Thursday by a suspect in the investigation into a shooting attack that damaged the facade of the US consulate in the Canadian city in March, police said. One 19-year-old suspect was in custody at a hospital in critical condition while officers searched for a second suspect, who was identified as 19-year-old Zara Jabbi and was considered armed and...
  4. Taiwan’s representative to the United States expressed confidence that Washington would approve a new round of arms sales to Taiwan, though US President Donald Trump has yet to make a decision on the matter. Asked on Thursday about a pending US$14 billion US arms sale to Taiwan, Alexander Tah-ray Yui, Taipei’s de facto diplomatic envoy, told CNN: “It’s up to President Trump to decide. Once the...
  5. For much of the reform era, the United States occupied a special place in the Chinese imagination. When I was growing up in China in the 1980s, the US – or meiguo, the “beautiful country” – was more than a country. It was an idea. Many Chinese, myself included, associated it with prosperity, freedom, scientific innovation and a functioning democracy. Even those who disagreed with American...
  6. A Chinese biotechnology company sued the US government on Thursday over being placed on a list of businesses from China that the ‌US Department of Defence has linked to that country’s military. WuXi AppTec filed its complaint in the Washington federal court, calling its inclusion on the list arbitrary, capricious, unsupported by the facts and “the product of political pressure”. It also accused...
  7. The Trump administration on Thursday imposed sanctions on Cuba’s state-owned oil and gas company, escalating pressure on Havana’s communist government and targeting a sector central to the island’s worsening energy crisis. The move came hours after senior Chinese and Cuban officials held a video conference to discuss bilateral cooperation and party-to-party ties. According to statements released...
  8. US President Donald Trump said he is nominating Jay Clayton to be the next director of national intelligence, following controversy over his selection of housing regulator Bill Pulte to serve in the role on an acting basis. Clayton has been serving as the top federal prosecutor in Manhattan and was chairman of the Securities and Exchange Commission during Trump’s first term. “I encourage the...
  9. The condition of the Belfast stabbing victim is “improving” and he could be awoken from a coma within the next 48 hours, pro-British Democratic Unionist Party (DUP) leader Gavin Robinson said on Thursday. Stephen Ogilvie lost his left eye and suffered deep cuts to his head, face and back in a stabbing attack on Monday night which preceded two nights of disorder in Northern Ireland. Twelve police...
  10. Nvidia’s top executive for Latin America denied on Wednesday that the region has served as a corridor for restricted chips into China, weeks after Anthropic, the American maker of the Claude AI models, alleged that Chinese labs had relied partly on smuggled processors to drive recent advances. Speaking at Web Summit Rio at a moment of intensifying rivalry between Washington and Beijing over...