Goldman Sachs has remained upbeat about offshore wealth management despite concerns over Beijing’s tighter scrutiny of cross-border money flows. The Wall Street investment bank forecast wealth fee income at Standard Chartered and HSBC to grow 30 pe...

Despite July’s sharp sell-off in global semiconductor shares, driven by concerns over AI-linked profitability, artificial intelligence and chips remained China’s most preferred investment themes in August, while more investors moved to hedge tech...

Macau has unveiled a sweeping five-year strategic blueprint to break its long-standing dependence on casino revenues by pivoting towards modern financial services, digital currency adoption and deeper economic integration with mainland China. Under i...

A US guided-missile destroyer that was adrift in the South China Sea without power last month is a sign that America is taxing its reserve capacity as its operation against Iran drags on, according to an analyst. “This is an extremely unusual occur...

The parents of a Hong Kong baby taken into the care of welfare authorities have lost a legal bid to have their home-born baby son returned to them, with the judge arguing the father’s child-raising methods failed to consider the possible risks. Hig...

Indonesia has seized 2.6 tonnes of liquid methamphetamine hidden on a Tanzanian-flagged vessel in one of the country’s biggest drug busts, with 10 crew members arrested, a senior narcotics official said. The National Narcotics Agency said in a stat...

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing. 1. Demand for affordable EVs will force...

Instead of celebrating her son’s birthday this month, Zimbabwean mother Rodwin Chitewere spent the day praying for his body to be brought home from Russia, where he was reportedly killed fighting Moscow’s war against Ukraine. In Botswana and Sout...

The business environment for Chinese robotaxi operators in Europe has become more open over the past year, which would help Chinese firms to commercialise their self-driving technology worldwide, according to Pony AI founder and CEO James Peng. “Co...

A senior Mongolian official has apologised after the Chinese embassy raised concern that Mongolians “harassed the camp” of a Chinese-invested oil exploration company. According to Mongolian media reports, protesters went to the Kherlen Tohoi XXVI...

At Singapore casino Resorts World Sentosa’s Lunar New Year lucky draw for high rollers earlier this year, the biggest prize was a bottle of Martell Cognac. Across the harbour at rival Marina Bay Sands, the top sweepstakes winner walked away with a ...

Japan is weighing how far to push back after Russian President Vladimir Putin visited a disputed island last week, as analysts debate whether tougher measures would have much impact on Moscow. Some observers urged Japan to recall its ambassador, impo...

At least nine people were killed and several others injured in a fire at a hotel in the Indian city of Kolkata on Wednesday, a senior fire department official said. “Nine people were killed, including a child, in the fire that broke out early on We...

En Poy was minding cattle in a former Khmer Rouge stronghold in Cambodia when he set off his first landmine. The blast from the rusty relic he picked up cost him an arm and an eye. It also inspired his career with non-profit organisation Cambodian Se...

Hong Kong Exchanges and Clearing (HKEX) profit jumped to a record amid a boom in initial public offerings (IPOs) and sizzling stock market turnover in the second quarter, according to a stock exchange filing on Wednesday. Quarterly net profit for the...

Senior US defence officials have fanned out across Asia in recent weeks to reassure allies of Washington’s commitment to the region, even as the war with Iran strains American resources and President Donald Trump fuels doubts by criticising joint c...

The owner of a large dog that mauled two smaller pets to death in Hong Kong earlier this week has expressed “regret” over surrendering the animal to authorities and wants to withdraw the decision, according to the founder of a local animal rescue...

A father and his two daughters died after an Immigration Department truck allegedly ran a red light and triggered a series of crashes in the Malaysian capital of Kuala Lumpur early on Wednesday. Preliminary investigations found that the empty truck, ...

The Hong Kong Gold Exchange (HKGX) and TGX Technology have launched a joint venture to build a “secure, stable and internationally competitive” gold trading and clearing platform, as the city pushes to become a gold trading hub. Hong Kong Gold Ex...

A former Vietnamese politician unintentionally killed a ⁠teenager in a traffic accident in central Hanoi last year but was exempted from criminal prosecution, a police officer told state television, shedding light for the first time on a case that ...

New Zealand has passed hotly contested legislation to block lawsuits that seek to hold companies liable for climate change harm. The right-wing coalition government’s legal amendment cleared a final hurdle in parliament on Tuesday night by a margin...

The world knows that US President Donald Trump is angry with Iran. But he is not happy with the small country lying across the Strait of Hormuz from the Islamic Republic, either: Oman. Oman has played a relatively low profile role since the Iran war ...

A Chinese national, described by the US Justice Department as a “prolific” money launderer, was sentenced to 15 years in prison on Tuesday and ordered to pay US$25 million for his role in a Chinese money laundering outfit with ties to Mexican dru...

The South China Sea’s contested islands could be transformed into autonomous, robotic fortresses, according to a defence proposal by the Chinese coastguard. The plan, which was detailed in a Chinese-language journal supervised by the state-run Chin...

Shares of Unitree Robotics surged 629 per cent above their initial public offering price to open at 1,100 yuan in their Shanghai trading debut on Wednesday, giving China’s best-known humanoid robot maker a market capitalisation of about 445 billion...

Japan’s most greying municipality has turned to its Peruvian sister city in search of a way to reverse its population decline and address the labour shortage that together threaten its survival. The mountain village of Nanmoku in Gunma prefecture, ...

Flight attendants and pilots are at the highest risk of dying from radiation-related cancers – even more than people who work with radioactive materials, according to a new study. Cosmic radiation comes from space. Only a small amount reaches the E...

Hong Kong is formulating its first five-year plan for economic and social development. Such plans are likely to become a regular feature of governance, and will shape how the city allocates land, builds housing and infrastructure, develops industries...

A Chinese tourist site recently concluded a month-long position that paid 60,000 yuan (US$8,900) to live on a mountaintop, observe the cloudscape, and share daily videos of the sea of clouds. On July 8, the Laojun Mountain Scenic Area in central Chin...

The South Korean and US militaries have agreed to shorten their drills at the US’ request, South Korean officials said on Wednesday, days after President Donald Trump ordered cuts to the exercises. The allies’ summertime Ulchi Freedom Shield exer...

As Hong Kong customs expands its investigation into Opatra London following complaints of high-pressure sales tactics involving purchases of up to HK$100,000 (US$12,800), former employees and customers of similar beauty chains say the aggressive sale...

A new film telling the story of the Iraq war through Chinese eyes marks the latest in a series of soft power initiatives designed to get Beijing’s message across to the wider world. Although Once Upon a Time in the Middle East does not explicitly s...

In a global first, leading Chinese commercial rocket company LandSpace has recovered a stainless-steel booster after an orbital launch, marking a major step in the country’s efforts to develop lower-cost, reusable rockets. It is also the first coun...

A close aide to Donald Trump is at the centre of an ugly clash between the White House and Senator Jon Ossoff, after the Democratic lawmaker drew the administration’s ire for highlighting the close nature of her relationship with the US president. ...

US President Donald Trump’s abrupt move to scale back annual military drills with South Korea has handed President Lee Jae Myung a fresh impetus for greater defence self-reliance even as he seeks to maintain the long-standing alliance. Lee on Tuesd...

Hong Kong’s fast-transfer payments denominated in yuan surged to a six-month high in July, signalling accelerating adoption of real-time cross-border retail payment channels even as mainland Chinese authorities maintain tight controls on capital ou...

The United Arab Emirates has said it is suspending all trade and financial dealings with Iran after reporting an Iranian missile attack directed at its ships. The announcement comes after a period of relative calm in the UAE, with no Iranian missiles...

As China deepens the commercialisation of its vast troves of data, the United States needs to develop its own national data strategy that treats data as an economic asset to better position itself to prevail in emerging technologies such as artificia...

A North Point redevelopment site is being put on the market for HK$1.2 billion (US$153 million) after its owner, which spent years assembling the ageing property, warned that overhauling the site could result in losses of as much as 30 per cent. The ...

Several top US Democratic lawmakers chided US President Donald Trump on Tuesday for easing sanctions recently on Chinese and Hong Kong officials who, they said, were “complicit in Beijing’s dismantling of Hong Kong’s autonomy”. “We write to...

Midwestern Americans watching television this summer may have been surprised to see China and bacon appearing together in political advertisements. “The corrupt Save Our Bacon scam in the farm bill – it’s a giveaway to Chinese corporations,” ...

A US Navy destroyer with about 300 sailors aboard suffered a major breakdown in the Pacific Ocean last month that left it without power for four days, the Navy confirmed in a statement. The USS Benfold “reported an engineering casualty involving it...

Harvard University, the Massachusetts Institute of Technology and Johns Hopkins University are among 30 American institutions ordered to audit their foreign research relationships, according to US officials, as higher education representatives accuse...

Mexico is weighing plans to impose further trade restrictions on selected products from China and other countries while raising existing import taxes on others, according to four people familiar with the matter. The so-called anti-dumping measures wo...

The United States imposed sanctions on Tuesday on the International Criminal Court’s president and a senior trial lawyer at the court, US Secretary of State Marco Rubio said. The move is the latest escalation in the Trump administration’s campaig...

Meta Platforms intentionally sought to ⁠addict children to its Facebook and Instagram platforms, a lawyer for California said on Tuesday at the start of a trial that could reshape some of the most popular apps on the planet. A bipartisan group of 2...

Russian President Vladimir Putin held talks in Moscow ⁠on Tuesday with ⁠Myanmar’s junta chief-turned-president, Min Aung ⁠Hlaing, discussing a wide range of issues including prospective energy deals. Russia is the first non-neighbouring count...

US President Donald Trump paused the planned roll-out of punishing new tariffs on Canadian goods late on Tuesday, as both sides indicated they were close to a broader trade agreement after weeks of talks. Trump announced the three-day reprieve from 5...

Ahead of next month’s expected summit between US President Donald Trump and Chinese leader Xi Jinping in Washington, a low profile US regulatory agency has opened a new front in the technology battle between the world’s two superpowers, even as i...

US President Donald Trump said that Tuesday that no talks with Iran were under way or scheduled, as he posted a map showing the Strait of Hormuz as a new American territory in a fresh jibe at Tehran. Trump has been pressing his threat to claim sovere...