Investor relief at US-China trade war truce smacks of complacency
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The longer markets gloss over the damage wrought by Trump’s policies, the bigger the risk he will precipitate a full-blown financial crisis.
Hong Kong family happiness score improves for first time in 3 years
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But annual survey shows happiness has not returned to pre-Covid levels, with mental health experts citing Singapore as model for developing policies.
Gold to gain 14% to US$3,600 by mid-2026 as rate cuts fuel rally, UBS says
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Gold is under allocated in investment portfolios and has room to increase, according to the World Gold Council.
South Korean election: Lee Jae-myung’s ‘bipartisan’ Reeboks sell out as prices skyrocket
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Presidential candidate Lee Jae-myung blue-and-red “bipartisan” trainers that symbolise unity between liberal and conservative voters sold out overnight.
Hong Kong watchdog issues burn risks after tests on non-stick frying pans
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Of 24 models tested, issues included fire safety, overheating, failure to reach standard cooking temperature and blistering.
Son Heung-min targeted in South Korean blackmail plot over fake baby claim, 2 arrested
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The pair allegedly demanded millions of won to stay quiet about the fabricated claims involving the national football icon.
Hong Kong social worker who mounted judicial challenge charged with welfare fraud
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Eddie Tse accused of defrauding city of HK$16,000 after failing to declare income and assets that exceeded limit for old age living allowance.
UK aims to cut immigration yet eyes new investor visa for strategic sectors
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New special visa plans were being considered alongside making existing visa routes easier for investors.
Trump’s crypto ‘reset’ cheered by industry calling for more regulatory clarity
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US crypto investors contributed millions of dollars to Trump’s election victory and did not conceal lingering contempt for Biden at Consensus.
Billion-dollar Hong Kong IPOs keep coming as China’s biggest drug company joins rush
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Singapore-based medical testing firm Mirxes joins Jiangsu Hengrui Pharmaceuticals in revitalised market’s listing surge.
US lawmakers mull State Department shake-up as trade partners seek new alliances
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Witnesses warn subcommittee hearing that previously ‘impossible’ economic partnerships are moving ahead after tariff confusion.
Party journal says China can establish effective market stabilisation fund
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Study Times and CSRC chairman acknowledge Central Huijin Investment’s role as ‘quasi stabilisation fund’.
Starbucks kicks off process to sell stake in its sprawling China business as growth stalls
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Starbucks sent out letters via a financial adviser to several potential investors this week to solicit views on the China business and how to grow it, sources said.
China moves to protect small traders from US trade war
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Beijing urges major tech platforms to do more to support self-employed vendors, who are facing ‘pressure and challenges’ due to US tariffs.
Gaza rescuers say 80 killed in Israeli strikes
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Israel intensifies bombardment after Israel’s Netanyahu vowed ‘full force’ Gaza offensive.
Hong Kong stocks inch lower as traders take profits from China-US trade deal boost
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After a 19 per cent rally on the Hang Seng Index from an April low, investors are worried that the run-up was too fast.
US smartphone shipments jumped 30% in March on tariff anticipation, analysts say
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Manufacturers such as Apple and Samsung increased shipments ahead of US announcement of new tariffs.
Debt-laden China Vanke gets US$215 million loan from state-owned stakeholder
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Loan comes as developer faces US$3.4 billion in debt obligations this year.
Singapore jails drunk passenger who went berserk on Scoot flight
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The man also grabbed a crew member’s wrist and threatened to kill him.
Chinese carmakers race to build early advantage in flying car ventures after EV rivalry
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The government forecasts the low-altitude mobility economy will increase more than fivefold to US$486 billion by 2035 from last year.
Japan fears US-UK trade deal’s impact on tariff talks ahead of election
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Washington is retaining the 10 per cent baseline tariff on UK imports, whereas Japan is aiming for zero levy for its exports to the US.
Putin not on Kremlin list for Ukraine talks in Turkey
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Both Zelensky and Trump had urged the Russian leader to attend, but Moscow’s team will be led by hardline aide Vladimir Medinsky.
Trump move to end Syria sanctions catches his own administration by surprise
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The very officials who’d be responsible for implementing the policy change were not warned before the US president made his announcement.
Wanted: China-born researchers to leave US to work in China. Attractive pay
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Chinese institutions are offering large salary packages to entice scientists hit by funding cuts and persistent scrutiny in the United States.
Why Gulf countries are fertile ground for Chinese EV makers’ growth
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The region could serve as a staging ground for Chinese carmakers seeking to bypass tariff-related disruptions and access Western markets.
Germany’s new chancellor to pursue ‘strategic de-risking’ from China
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With ‘international order changing profoundly’, Friedrich Merz says China’s relations with Russia are an area of ‘great concern’.
Mexican beauty influencer Valeria Marquez shot dead during TikTok live stream
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The 23-year-old’s death is being investigated according to protocols for femicide – the killing of women or girls for reasons of gender.
India claims military superiority over Pakistan despite Islamabad’s Chinese arms
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New Delhi says Indian Air Force strikes successfully ‘bypassed and jammed Pakistan’s Chinese-supplied air defence systems’.
2-year-old girl reunites with mother in Venezuela after US deportation
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Maikelys Espinoza was separated from her parents when they were removed from the US in what Venezuela denounced as a kidnapping.
US unveils over US$243 billion in Qatar deals, including giant Boeing order
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Trump is laying the groundwork for a bigger US$1.2 trillion pledge with the Gulf nation as he continues his swing through the Middle East.
‘Jealous brother’ bit baby, dropped him before his death, Hong Kong court told
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Man accused of murdering baby son told police he and wife suspected fatal injuries were caused by two-year-old brother.
Prestige vs progress: what stops China’s researchers from chasing big new ideas?
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Bogged down by an incentive system favouring titles over innovation, young scientists struggle for academic support amid Beijing’s self-reliance push.
US overdose deaths fall 27% last year in largest one-year drop ever
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Last year’s drop was the largest one-year decline ever recorded, with the previous biggest one-year drop of 4 per cent in 2018.
China, US sign duelling deals after agreeing to trade war truce
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Following their tariff reductions, China and the US have unveiled major investments – Beijing in Brazil and Washington in the Middle East.
South Korea’s entertainment industry faces ‘actor risk’ amid celebrity scandals, costly delays
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Scandals like Kim Soo-hyun’s are disrupting South Korea’s entertainment industry, causing production delays and costly reshoots, raising ethical standards debates.
Banks upgrade China growth forecast, foreigners flock to Shenzhen: SCMP daily highlights
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From investment banks upgrading their growth forecasts to a rise in overseas visitors in Shenzhen, here’s a round-up from today’s coverage.
Japan eyes fully covering childbirth costs from April 2026
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Japan currently provides a lump-sum payment of 500,000 yen (US$3,400) for each childbirth.
Hong Kong’s Han Academy aims to repay parents after ‘white knight’ steps in
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Despite the intervention and agreed payment plan, concerns persist over the independent school that was reported to be HK$100 million in debt.
Singapore’s NUS, China’s Tsinghua University among world’s top producers of rich alumni
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US universities dominate a global ranking by Altrata, led by Harvard with 18,000 ultra-rich alumni, or 4 per cent of the global total.
Germany arrests 3 Ukrainians over Russian sabotage plot
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The accused allegedly aimed to send packages from Germany containing explosive devices to recipients in Ukraine.
Hong Kong secures visa-free entry to UAE, eased rules for Oman
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Chief Executive John Lee is on the last day of his delegation’s ‘fruitful’ tour in which city signed 59 MOUs and agreements with Qatar and Kuwait.
Hong Kong to release more than 16,000 new columbarium niches
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Residents urged to apply online for random computer balloting for allocations at Wo Hop Shek, Collinson-San Ha and brand new Shek Mun.
CATL set to price Hong Kong IPO at top end of range as retail investors pile in
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World’s largest maker of electric-vehicle batteries could expand its IPO deal to as much as US$5.3 billion if several upsize options are exercised.
How China is adeptly playing the ace up its sleeve, rare earth minerals, in US trade deal
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Until the US-China trade war abates and Beijing eases more rare earth export controls, American buyers are expected to take a skittish long-term view of Chinese sourcing.
‘Albania belongs in EU,’ von der Leyen tells re-elected PM Rama
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The EU saw the vote as a test of the democratic maturity of the Balkan nation, by far the most Europe-oriented in the region.
Does India’s surprise tariff move on US signal a tougher stance on trade or just ‘symbolism’?
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Delhi’s WTO complaint on US steel and aluminium tariffs highlights India’s aim to protect its trade interests without direct retaliation, observers said.
Hong Kong landlords combat tough retail environment by offering rent discounts to tenants
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Hong Kong landlords offer significant discounts to attract tenants amid ongoing retail challenges, reduced tourist spending.
China’s Zhipu eyes expansion via Belt and Road Initiative as global AI market heats up
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Zhipu AI’s plan reflects intensifying efforts by both Chinese and US companies to widen the global adoption of their AI systems.
Trump meets Syria’s rebel leader Sharaa, urges him to establish Israel ties
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Sharaa was for years the leader of al-Qaeda’s official wing in the Syrian conflict. The US removed a US$10 million bounty on him in December.
Trump’s Mideast visit clears path for advanced AI chip deals led by Nvidia
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The deals are taking shape, while Trump visits the Middle East to forge deeper ties that put US technology initiatives at centre stage.
