All the breaking news and latest world news from South China Morning Post, with Twitter and Facebook search trends.
All the latest breaking news from Hong Kong, China and around the world
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Hong Kong police have arrested three men on suspicion of burglary after allegedly stealing HK$700,000 (US$89,549) worth of products – including fish maw and shark fin – from a dried seafood shop.
Tsang Ka-chun, senior inspector of the Kowloon district crime squad, said on Thursday that the break-in took place on Monday at a ground-floor shop in Kowloon City.
The suspects allegedly prised open...
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Chinese consumers placed over 120 million orders on Alibaba Cloud’s flagship artificial intelligence app Qwen within six days, signalling growing acceptance of AI-powered shopping as the company joined other mainland Chinese tech giants in a multibillion-yuan holiday campaign.
Nearly half the orders came from residents in counties and hinterland areas, with around 1.56 million people aged 60 and...
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Major Chinese carmakers have cut their lengthy supplier payment cycles – previously used to offset costs and stay competitive in the country’s vast auto market – from nearly a year to less than 60 days, a government-backed industry consortium said, following heightened efforts from Beijing to police the cutthroat sector.
The China Association of Automobile Manufacturers (CAAM) said in a...
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Despite US President Donald Trump having congratulated Japan’s Prime Minister Sanae Takaichi on her recent election triumph, Tokyo is under pressure to deliver on colossal investments promised in the United States.
Ahead of the possible announcement of the first projects this week and Takaichi’s scheduled visit to the White House next month, what exactly has Japan pledged, what uncertainties...
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Hong Kong’s retail banks posted 7.3 per cent pre-tax profit growth last year, as rising bad debts and a narrower net interest margin offset growing income from wealth-management services.
The city’s 30 retail banks recorded lower growth in aggregated pre-tax profit than in 2024, when profits increased 8.4 per cent, according to data from the Hong Kong Monetary Authority (HKMA).
The annual growth...
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Singapore’s leader and Finance Minister Lawrence Wong has announced that the country will move aggressively to embrace artificial intelligence (AI) with help extended to businesses and workers to adapt, even as he warned that growth will be harder in a changed world.
Opening his annual budget speech on Thursday by pointing to the wider world, he noted that America was reassessing and in some...
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For many decades, Australia was known as the “lucky country”. Its long period of uninterrupted growth stretching back to the 1990s was a rarity among advanced economies. Yet even before the Covid-19 pandemic erupted, Australia’s luck was running out amid stagnant productivity, a housing affordability crisis and the slowdown in China’s economy.
Another developed country that has had luck on its...
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A 16th-century Flemish castle is the setting on Thursday as European leaders try to resolve a set of economic tensions haunting Europe that are almost as old: the pull between free trade and protection, integration and sovereignty.
On the agenda are prickly items such as how to kick-start the EU economy, whether to issue joint debt and how far to go with “buy Europe” provisions aimed at...
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Prime Minister Anwar Ibrahim has brushed aside calls to suspend or remove Malaysia’s anti-corruption chief, asking critics to “read his explanation”, after fresh reports about his shareholdings reignited public anger against the official.
Citing corporate filings, Bloomberg reported on Tuesday that Azam Baki, chief commissioner of the Malaysian Anti-Corruption Commission (MACC), was a key...
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Philippine Senator Robin Padilla has come under fire from the public and fellow politicians for calling Generation Z mentally “weak” and downplaying depression.
“Many may be upset with me for saying this, but today’s children, sad to say, are weak,” the 56-year-old said during a Senate committee hearing on the Children’s Safety in Social Media Act on Wednesday, according to local media.
“You’re...