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South China Morning Post

Tue, 22 Feb 2022 18:00:25 +0800
China delays new anti-money laundering rules amid privacy worries, pushback from small financial firms
China’s central bank has said it is postponing implementation of new rules that strengthen scrutiny of cash withdrawals and deposits due to “technical reasons”.The new regulation, which was said to target money laundering and originally expecte...

Tue, 22 Feb 2022 17:41:22 +0800
Omicron: Cantopop star Joey Yung sells Hong Kong flat at a loss, leading an exodus from property market amid city’s Covid-19 surge
Canto pop star Joey Yung has sold her flat in Causeway Bay at a loss of about HK$1.1 million (US$140,966), according to sources familiar with the deal, joining a wave of Hongkongers selling their homes for a loss as they flee the city’s worsening C...

Tue, 22 Feb 2022 16:28:56 +0800
Hong Kong IPO issuers forced to accept lower valuations as geopolitical tension, coronavirus fifth wave sap investors’ demand
Companies looking to raise funds through initial public offerings in Hong Kong are having to settle for lower valuations as uncertainties stemming from geopolitical tensions, the coronavirus pandemic and China’s new rules for offshore listings curb...

Tue, 22 Feb 2022 16:00:17 +0800
Senior Chinese officials are managing the response to Hong Kong’s Covid-19 crisis from a villa in Shenzhen
As Hong Kong faces its worst coronavirus outbreak, mainland officials at a command centre over the border in Shenzhen are racing to coordinate the response to the crisis. Hundreds of senior officials and their support staff have set up a top-level g...

Tue, 22 Feb 2022 15:33:39 +0800
Coronavirus: Hong Kong to allow arriving domestic helpers to quarantine at any designated hotel
Domestic helpers arriving in Hong Kong will be able to undergo compulsory quarantine at designated facilities and hotels previously reserved for other inbound travellers starting from March 1.Five quarantine hotels were originally assigned to provide...

Tue, 22 Feb 2022 15:15:19 +0800
Cryptocurrency firm Amber gets funding from Singapore’s Temasek at US$3 billion valuation
Singapore state investment firm Temasek Holdings was among investors in a funding round that valued cryptocurrency-trading platform Amber Group at US$3 billion, just weeks after the city state cracked down on marketing by crypto firms.Existing shareh...

Tue, 22 Feb 2022 15:10:48 +0800
China plans bigger tax, fee cuts in 2022 to prop up slowing economic growth
China will unveil bigger tax and fee cuts this year and step up payments to local governments to offset their hit to revenues, Finance Minister Liu Kun said on Tuesday, amid efforts to support a slowing economy.Tax fee cuts will be larger in 2022 tha...

Tue, 22 Feb 2022 15:00:18 +0800
China silences trafficking debate sparked by ‘chained woman’ scandal
Chinese censors have moved to control public discussion about the case of a chained woman in the east of the country by silencing influential intellectual commentators and gagging media reports.A month after the woman’s treatment came to light, a n...

Tue, 22 Feb 2022 14:52:47 +0800
Coronavirus: Hong Kong confirms 6,211 new cases; leader set to give time frame for universal testing drive, announce new social-distancing rules
Hong Kong confirmed 6,211 Covid-19 infections on Tuesday, as a senior official warned that daily infections had increased 64-fold compared with the start of the month, while the city’s leader was expected to offer a time frame for imposing citywide...

Tue, 22 Feb 2022 14:00:29 +0800
Coronavirus: NZ anti-mandate protesters drive towards police, hurl faeces in second week of stand-off
One protester drove a car towards a New Zealand police line, narrowly avoiding officers, while other protesters sprayed officers with a stinging substance, police said on Tuesday, as they tightened a cordon around a convoy that has been camped outsid...

Tue, 22 Feb 2022 13:25:33 +0800
Eyes on Iran as US Navy plans new Middle East sea drone force with allies
The US Navy’s Mideast-based 5th Fleet announced the launch of a new joint fleet of unmanned drones with allied nations to patrol vast swathes of the region’s volatile waters as tensions simmer with Iran.Vice-Admiral Brad Cooper, who leads the 5th...

Tue, 22 Feb 2022 13:04:50 +0800
Japan Airlines uses WeChat to sell udon, J-beauty to Chinese consumers hungry for high-end Japanese products
For the past two years, Yusuke Nakagawa’s Japanese herbal tea company has been reeling from the devastation of international tourism, a sector the southern prefecture of Okinawa relies on.Around 9.6 million Chinese visitors landed in Japan in 2019,...

Tue, 22 Feb 2022 12:52:53 +0800
China ‘concerned’ about Ukraine crisis, resists taking sides despite US pressure
Chinese Foreign Minister Wang Yi has “expressed concern” about the Ukraine crisis but Beijing has refrained from taking a clear position between Russia and Ukraine despite pressure from Washington.Wang spoke with US Secretary of State Antony Blin...

Tue, 22 Feb 2022 12:50:31 +0800
Japan ready to join any US-led sanctions on Russia; Australia, New Zealand back Ukraine’s sovereignty
Japan on Tuesday said it stood ready to join the United States and other G7 industrialised nations in enacting sanctions on Russia should President Vladimir Putin order an invasion of Ukraine, while nations from South Korea to New Zealand urged for a...

Tue, 22 Feb 2022 12:40:26 +0800
HSBC’s fourth-quarter profit triples as it benefits from commercial lending, global trade financing
HSBC, the biggest of Hong Kong’s three currency-issuing banks, said its fourth-quarter profit more than tripled as it benefited from gains in its commercial lending and global trade financing.The bank’s net profit jumped to US$1.79 billion in the...

Tue, 22 Feb 2022 12:29:26 +0800
Hong Kong lawmakers will drastically reduce number of questions about new budget to allow government to focus on pandemic
Hong Kong lawmakers will comply with a request by the city’s leader to slash the number of questions they can ask about the next budget from thousands in total to no more than 10 per person to allow the administration to focus on battling a worseni...

Tue, 22 Feb 2022 12:05:50 +0800
The flashpoint Ukraine separatist regions Russia recognises as independent
Russian President Vladimir Putin on Monday recognised the independence of Moscow-backed rebel regions in eastern Ukraine, a move that will further fuel tensions with the West amid fears of Russian invasion.Putin’s move follows days of heightened te...

Tue, 22 Feb 2022 12:00:25 +0800
Coronavirus: hospital chief says Hong Kong will need help of mainland Chinese doctors, nurses to stabilise fifth wave
Hong Kong’s hospital chief has said the city will need the help of doctors and nurses from mainland China to bolster its frontline medical manpower if it hopes to contain a raging fifth wave of coronavirus infections.After being criticised for his ...

Tue, 22 Feb 2022 12:00:17 +0800
High alert warning to China citizens in Ukraine but no leave order as crisis escalates
Beijing has issued a heightened security alert to its citizens in Ukraine, warning them to stock up on food and daily necessities after Russia announced it was sending troops to the Eastern European country’s breakaway regions.The Chinese embassy i...

Tue, 22 Feb 2022 12:00:16 +0800
Chinese student says valuable NFT was stolen in phishing scam, revealing a thriving digital token investor community on the mainland
A Chinese college senior, who admits to going “all in” on non-fungible tokens (NFTs), has revealed how he lost a half-a-million-dollar asset in a phishing scam, in a case that has revealed the extent of mainland China’s thriving NFT investor co...

Tue, 22 Feb 2022 11:30:22 +0800
Coronavirus Hong Kong: deploy the humble pulse oximeter to ease pressure on the health care system
Feel strongly about these letters, or any other aspects of the news? Share your views by emailing us your Letter to the Editor at letters@scmp.com or filling in this Google form. Submissions should not exceed 400 words, and must include your full nam...

Tue, 22 Feb 2022 10:58:35 +0800
Ukraine’s president says ‘we are not afraid’ after Russia’s Putin orders troops to rebel regions
Ukrainian President Volodymyr Zelensky has told the nation that Ukraine is “not afraid of anyone or anything”.Zelensky spoke during a chaotic day after Russia’s President Vladimir Putin ordered Russian troops into two Moscow-backed rebel region...

Tue, 22 Feb 2022 10:21:48 +0800
Australia aircraft had ‘right’ to watch China navy vessel in its waters, Morrison says
Australian Prime Minister Scott Morrison said an Australian surveillance aircraft was doing its job when it was “put under threat” with a laser from a Chinese navy ship, rejecting Beijing’s assertion the plane came too close.The P-8A Poseidon, ...

Tue, 22 Feb 2022 10:21:06 +0800
US pulls personnel out of Ukraine after Russia sends troops to breakaway regions
The United States evacuated State Department personnel and embassy operations from Ukraine to Poland on Monday, amid fears that security conditions could deteriorate following Russian President Vladimir Putin’s recognition of two separatist regions...

Tue, 22 Feb 2022 10:00:10 +0800
Galliard sets up Hong Kong sales office to serve rising demand for UK homes by BN(O) migrants
United Kingdom developers are lining up to set up offices in Hong Kong to serve the hundreds of thousands of Hongkongers who are expected to buy homes there under the fast-track British National (Overseas) residency scheme.Galliard Homes, one of the ...

Tue, 22 Feb 2022 09:45:09 +0800
Hong Kong won’t win the Covid-19 fight by blindly following mainland China’s playbook
The “dynamic zero Covid” versus “living with the virus” debate has been overtaken by events. Omicron is out in the wild, spreading in malls, trains, buses and lifts. The true number of infections is probably many times the confirmed cases and...

Tue, 22 Feb 2022 09:40:37 +0800
EU sanctions 22 Myanmar officials and gas company over coup violence
The European Union imposed fresh sanctions against Myanmar’s regime, focusing on a lucrative state-owned oil and gas company that has been a key source of revenue for the junta more than a year after the coup.The new listings target 22 individuals ...

Tue, 22 Feb 2022 09:30:31 +0800
Malaysian Hindu-Chinese mum reunites with 3 kids as debate rages over unilateral conversions to Islam
Malaysians on social media are cheering a court’s decision on Monday to allow a single mother of Hindu faith to take custody of her three children who had previously been converted to Islam without her consent or knowledge.The case involving Loh Si...

Tue, 22 Feb 2022 09:30:29 +0800
Coronavirus: burned-out, overwhelmed and confused, Hong Kong nurses share their plight as Covid-19 rips through city
Jennifer Lau*, a nurse at a general ward at a Hong Kong public hospital, locked herself in a washroom when her Covid-19 test result came back positive.She had just finished an eight-hour shift. All she could do was isolate herself from patients immed...

Tue, 22 Feb 2022 09:00:25 +0800
Coronavirus: what is Hong Kong’s vaccine pass scheme and how does it work?
When Hong Kong’s vaccine pass scheme comes into effect on Thursday, residents will be required to show proof of inoculation upon entering government venues and 23 other types of premises.The Post examines how the vaccine pass scheme works in Hong K...

Tue, 22 Feb 2022 09:00:23 +0800
China starts campaign to strengthen protection for cultural relics
China will launch a new campaign to improve protection of cultural relics as part of its efforts to boost domestic confidence in the country’s culture and increase its international allure.The Communist Party’s publicity department recently issue...

Tue, 22 Feb 2022 09:00:21 +0800
Chinese firms caught using spyware to track employee job-hunting and identify staff who may be about to resign
Ma, 27, recently resigned from her editor position at a private internet company in Beijing for an “iron bowl” job — a Chinese term used to describe a secure position — at a state-owned media company.Ma’s decision to resign, which surprised...

Tue, 22 Feb 2022 08:49:10 +0800
Veteran mainland Chinese medical expert calls on Hongkongers to put politics aside, band together in fight against Omicron
Veteran Chinese infectious disease expert Zhong Nanshan has called on Hongkongers to put politics aside and prioritise protecting the elderly from a surging fifth wave of coronavirus infections, else the city risks a significant jump in its pandemic-...

Tue, 22 Feb 2022 08:00:14 +0800
Hong Kong’s postponed chief executive election: what was Carrie Lam told in ‘closed-door’ Shenzhen meeting?
Hong Kong leader Carrie Lam Cheng Yuet-ngor was summoned to neighbouring Shenzhen to a closed-door meeting with central government officials last Tuesday on the urgency of tackling the worsening coronavirus outbreak, the Post has learned.The session ...

Tue, 22 Feb 2022 07:18:08 +0800
59 killed in gold mine blast in Burkina Faso
A strong explosion near a gold mining site in southwestern Burkina Faso killed 59 people and injured more than 100 others Monday, the national broadcaster and witnesses reported.The provisional toll was provided by regional authorities following the ...

Tue, 22 Feb 2022 06:24:24 +0800
North Korea’s Kim Jong-un congratulates China on Beijing Olympics, says together they will frustrate US threats
North Korea’s Kim Jong-un vowed to strengthen cooperation with China and together “frustrate” threats and hostile policies from the United States and its allies, state media reported on Tuesday.Kim made the remarks in a verbal message to Chines...

Tue, 22 Feb 2022 05:00:16 +0800
Covid-19 booster jabs given at lower dosage in trial – and it may help global supply
The immune response that can be achieved by administering Covid-19 booster shots at a reduced dosage is to be assessed in an international trial, in a bid to maximise global vaccine supply.The Coalition for Epidemic Preparedness Innovations (CEPI), a...

Tue, 22 Feb 2022 04:00:28 +0800
Is China’s lithium quest fuelled by business or politics, and how far will it go to secure ‘white gold’?
Just days after Argentinian President Alberto Fernandez signed his country up for China’s Belt and Road Initiative during a high-profile trip to Beijing this month, the spot price of lithium metal in the Chinese market reached 2 million yuan (US$31...

Tue, 22 Feb 2022 02:31:25 +0800
War fears grow, sanctions loom, as Russia’s Vladimir Putin orders forces to east Ukraine
The United States and its European allies are set to announce harsh new sanctions against Russia on Tuesday after President Vladimir Putin formally recognised two breakaway regions in eastern Ukraine, escalating a security crisis on the continent.Put...

Tue, 22 Feb 2022 01:41:00 +0800
Boris Johnson scraps England’s coronavirus rules, seeks shift to ‘personal responsibility’
British Prime Minister Boris Johnson said Monday that he is scrapping of the last domestic coronavirus restrictions in England, including the requirement for people with Covid-19 to self-isolate.Johnson said the country was “moving from government ...

Tue, 22 Feb 2022 00:58:17 +0800
Donald Trump’s Truth Social app tops download chart, though thousands face glitches
Donald Trump’s new social media app has started its gradual roll-out but thousands of would-be users encountered glitches or found themselves placed on a waitlist on Monday due to what the app called “massive demand”.Devin Nunes, CEO of the Tru...

Tue, 22 Feb 2022 00:07:39 +0800
Head of Lingnan University to leave when term ends in summer 2023, joining line of tertiary institution chiefs in Hong Kong not renewing contracts
Lingnan University has revealed that its president, Professor Leonard Cheng Kwok-hon, will step down when his term ends next year, becoming the fourth head of a Hong Kong tertiary institution to leave at the end of their contract.Cheng, 69, would ret...

Tue, 22 Feb 2022 00:00:22 +0800
China’s trade disputes with Australia, US and Japan push Beijing to alter course and plan accordingly
Snagged on trade disputes with key partners, China is expected to focus this year largely on multilateral agreements and its own hi-tech development for sustained economic growth.The World Bank in December forecast 5.1 per cent gross domestic product...

Mon, 21 Feb 2022 23:06:41 +0800
Hong Kong Legco president Andrew Leung to work from home after driver tests preliminary-positive for Covid-19, in latest infection scare among political elite
Hong Kong’s Legislative Council president Andrew Leung Kwan-yuen will work from home after his chauffeur tested preliminary-positive for Covid-19.The Legco secretariat said on Monday that Leung returned negative results in a rapid antigen test, but...

Mon, 21 Feb 2022 22:16:59 +0800
Hong Kong’s MTR Corp to temporarily reduce frequency of services on some rail lines from Friday to cope with falling ridership
Hong Kong’s rail operator MTR Corporation will temporarily run less frequent services during off-peak hours starting from Friday to cope with plunging demand amid a worsening fifth wave of coronavirus infections.The waiting time during non-peak hou...

Mon, 21 Feb 2022 22:11:52 +0800
China denies rocket set for moon crash was from 2014 Chang’e 5-T1 mission
China’s foreign ministry on Monday denied a US report that a spent rocket booster forecast to crash on the far side of the moon next month was debris from a Chinese lunar mission in 2014.The rocket booster, expected to crash on the moon on March 4,...

Mon, 21 Feb 2022 22:10:07 +0800
Coroner to investigate death of 11-month old girl, Hong Kong’s youngest fatality linked to Covid-19
An 11-month old girl has died after contracting the coronavirus, becoming Hong Kong’s youngest pandemic-related victim and the third such death of young ­children in the past fortnight.Health authorities said the baby, who had “good past health...

Mon, 21 Feb 2022 22:01:19 +0800
Refugee rights abuses on Europe’s borders risk becoming ‘normalised’, UN official warns
The UN refugee chief voiced alarm on Monday at increasing violence against refugees and migrants at European borders, warning that rights abuses and illegal “pushbacks” across frontiers risked becoming “normalised”.United Nations High Commiss...

Mon, 21 Feb 2022 22:00:26 +0800
Philippines accuses European Parliament of election meddling and fake news in human rights row
The Philippine government has condemned a European Parliament resolution threatening the withdrawal of trade privileges unless Manila releases a jailed senator and investigates the unresolved killings of thousands of drug suspects, unionists, lawyers...

Mon, 21 Feb 2022 21:31:47 +0800
China tech crackdown: Meituan, Ele.me, other on-demand delivery providers face dim prospects amid Beijing’s scrutiny, analysts say
Chinese on-demand delivery services providers, led by Meituan and Ele.me, face gloomy prospects after Beijing directed these internet platforms to cut the fees they charge restaurants, which has put a cap on their profit margins, according to analyst...



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