95 m. ago Hong Kong trade body plans 2026 conference to entice Gulf states

The Hong Kong Trade Development Council (HKTDC) plans to host a conference next year to foster collaboration with Gulf states, the body’s new head has said, adding that US President Donald Trump’s unpredictable policies could result in further changes to its export projections. Frederick Ma Si-hang, who took office on June 1, also said on Sunday that the council was exploring the feasibility of organising exhibitions at government venues to address an ongoing shortage of event spaces. On the...

Politics

97 m. ago Study shows China’s temples act as rare sanctuaries for ancient trees

At the foot of Zhongnan Mountain in the Chinese city of Xian, the ancient Guanyin Chan Temple is home to a ginkgo tree with a history spanning over 1,400 years. As autumn approaches each year, this ancient ginkgo tree bursts into a spectacular golden display. The tree is said to have been planted by Emperor Li Shimin of the Tang dynasty (618-907) during a visit to the temple. According to a new study, temples across China – both Buddhist and Taoist – have safeguarded tens of thousands of ancient...

Politics

97 m. ago Is Indonesia ready to roll the dice on casinos at the risk of social costs?

The potential legalisation of gambling in Indonesia has resurfaced as a means for higher state revenue, but opponents argue the activity risks fraying the cultural fabric of the world’s largest Muslim-majority nation. Lawmaker Galih Kartasasmita floated the idea during a meeting with the finance ministry on May 8, where he said Indonesia should follow the footsteps of the United Arab Emirates, which legalised gambling last year. “The UAE is ready to run a casino, [an] Arab country [finally] runs...

Events

2 h. ago 1 dead, 4 injured in Chongqing after driver runs into crowd: district police

One person is dead and four others injured after a driver allegedly drove into a crowd in Chongqing, a city in southwestern China, on Saturday after onlookers reportedly criticised him for repeatedly sounding the horn on his car. A police statement issued on Sunday by the Banan district branch of the Chongqing Public Security Bureau alleged the driver, surnamed Xiong, repeatedly sounded the horn after finding his path blocked by another vehicle in Banan, a district in southern Chongqing. The...

Events

2 h. ago China’s Wang Yi decries ‘unacceptable’ Israeli attack on Iran, urges diplomacy

Chinese Foreign Minister Wang Yi called Israel’s attack on Iran an “unacceptable” breach of international law and urged measures to de-escalate tensions in phone calls with his Israeli and Iranian counterparts on Saturday. He told Israeli Foreign Minister Gideon Saar that China could play a “constructive role” in the peaceful resolution of the Iran nuclear issue, saying diplomatic solutions remained viable and a peaceful resolution was still achievable, according to China’s Ministry of Foreign...

Politics

2 h. ago Public shock as Taiwan actress reveals face pinned with needles from skin therapy

Taiwanese actress and singer Joe Chen Chiao-en has caused shock by revealing photos of herself after she underwent an all-over acupuncture treatment. The glaring images have sparked controversy on social media in mainland China. Known as the Queen of Idol Dramas, Chen, 46, first rose to fame in 2013 for her portrayal of Dongfang Bubai in the series Swordsman. She solidified her popularity with hit dramas such as Fated to Love You and The Prince Who Turns into a Frog. Her performance in Fated to...

Events

3 h. ago How the next Philippine president could reshape its South China Sea policy

With Philippine President Ferdinand Marcos Jnr about halfway through his six-year term, questions are growing over whether his successor will uphold his firmer stance on the South China Sea or, as one senior official has warned, retreat to the symbolic “jet ski” posturing and softer policies seen under his predecessor, Rodrigo Duterte. Last month’s midterm elections delivered a split Senate, with Marcos-aligned candidates winning five of the 12 contested seats and Duterte allies clinching the...

Politics

4 h. ago Grand relaunch of Hong Kong club marred by police raid, money laundering arrest

The grand relaunch of a famous Hong Kong nightclub on Saturday night was marred by a police raid that saw at least one person arrested on suspicion of money laundering. Police and Food and Environmental Hygiene Department officers raided Big Boss Generation (BBG) in Tsim Sha Tsui at around 10pm that night, just hours after the club opened. Photos from the scene showed dozens of uniformed officers entering the club and inspecting customers and staff. The force also arrested a local man on...

Events

4 h. ago Grand relaunch of Hong Kong nightclub marred by police raid, arrest

The grand relaunch of a famous Hong Kong nightclub on Saturday night was marred by a police raid that saw at least one person arrested on suspicion of money laundering. Police and Food and Environmental Hygiene Department officers raided Big Boss Generation (BBG) in Tsim Sha Tsui at around 10pm that night, just hours after the club opened. Photos from the scene showed dozens of uniformed officers entering the club and inspecting customers and staff. The force also arrested a man on suspicion of...

Events

4 h. ago Corporate bond defaults disappear from China’s onshore market

Corporate bond defaults disappear from China’s onshore market  Financial Times

Events

4 h. ago Hong Kong wants an ecotourism boom, but can its parks handle more visitors?

Amy Zhang is dressed in full sportswear, with sunglasses and a lightweight hiking backpack. She is one of many visiting Hong Kong’s Dragon’s Back following the social media craze in mainland China over “in-depth travels” in the city. “The beautiful merging horizon and skyline make good photos for my friend circle on WeChat and RedNote,” the 30-year-old education worker from Hunan province said, referring to her networks on the Chinese social media platforms. “I only wish for better toilets...

Politics

5 h. ago Gen Z’s ‘emotional consumption’ fuels surge in consumer stocks like Pop Mart

Stock investors are capitalising on the spending power of China’s Generation Z consumers, who splurge on everything from gold jewellery to low-priced drinks, delivering multifold returns on so-called new consumer stocks. The ascent of Pop Mart International Group, Mixue Group and Laopu Gold is one of the few bright spots in China’s sluggish consumer industry, which has been plagued by a weak jobs market and the deflationary trend. The robust performance has come at the cost of traditional...

Politics

5 h. ago Why Chinese firms building foreign factories are no longer focused on US market

This year’s escalation of the US-China trade war has led many Chinese companies to rethink their overseas expansion strategies, with accessing the American market no longer their top priority when considering building factories in foreign countries, industry insiders said. There had been a “drastic downshift” in inquiries from Chinese companies seeking land to rent or purchase in Mexico, one of their hottest overseas investment destinations in the past, said Jack Lee, an industrial property...

Economics

6 h. ago Trump tariffs challenge Asean’s unity and economic stability

When US President Donald Trump’s tariff chaos eventually calms, its long-lasting consequences will significantly affect the area just south of China and east of India – Southeast Asia – and its organisational bloc, the Association of Southeast Asian Nations (Asean). Trump’s focus on protectionism is likely to replace uniform tariffs with varying import taxes for different countries. This shift could create divisive and harmful effects for Southeast Asia and Asean, which are interchangeable but...

Economics

7 h. ago Group tour prices from Hong Kong drop 10% as tourists opt for alternatives to Japan

Hong Kong travel agencies have launched cheaper outbound group tours this summer, driven by increased flight capacity amid a shift in tourists’ preference away from Japan due to increased earthquake concerns. Several tour operators have reported that prices for their summer group tours are either lower or have remained stable, adding that popular destinations include South Korea, Vietnam and cities in western mainland China. “Compared to last year, we see more than a 10 per cent drop in prices...

Politics

7 h. ago China zoo visitors slammed for ‘lucky’ tiger hair pulling, warned over provocation

A group of tourists who pulled out the hair of a tiger at a zoo in China, thinking it would ward off evil spirits, have sparked outrage online. On June 8, a viral video showed several visitors at a zoo in Liaoning province, northeastern China, pulling hair from the big cat’s belly and tail through a metal fence. The incident took place in a special zone where tigers often rest on top of a steel viewing tunnel. In the video, one of the tourists, a woman, is heard saying: “Let’s pull more! Tiger...

Events

8 h. ago China’s Biotech Moment Ignites a 60% Stock Rally That Beats AI

China’s Biotech Moment Ignites a 60% Stock Rally That Beats AI  Bloomberg.com

Politics

9 h. ago How the U.S. is Handing Over Venezuela's Oil Sector to China

How the U.S. is Handing Over Venezuela's Oil Sector to China  Crude Oil Prices Today | OilPrice.com

Politics

11 h. ago Trump’s military parade to start on day marked by assassination, ‘No Kings’ protests

This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Get faster notifications on the latest updates by downloading our app. For the first time in more than three decades, the United States is holding a major military parade in the nation’s capital on Saturday – fulfilling a long-standing desire of US President Donald Trump on a day that was marred by a political assassination. Echoing displays more...

Events

11 h. ago Trump’s military parade starts on day marked by assassination, ‘No Kings’ protests

This live blog has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Get faster notifications on the latest updates by downloading our app. For the first time in more than three decades, the United States is holding a major military parade in the nation’s capital on Saturday – fulfilling a long-standing desire of US President Donald Trump on a day that was marred by a political assassination. Echoing displays more...

Events