6 d. ago LVMH spurs $80 billion luxury rally as China picture brightens

LVMH spurs $80 billion luxury rally as China picture brightens  Reuters

Economics

1 week ago China’s ‘super golden week’ box office lags, but annual picture improves

China’s extended “super golden week” holiday saw cinemas’ box-office revenues slump compared to last year’s National Day break, but nationwide takings since the start of the year have already exceeded the total for all of 2024. According to box-office tracker Dengta Data, cinemas raked in 1.83 billion yuan (US$257 million) during the eight-day holiday, which ended on Wednesday. That was the second-lowest total since 2017 and down from the 2.1 billion yuan reported for the regular seven-day...

Politics

2 w. ago In pictures: a vibrant look at China’s ‘golden week’ economic boom

In pictures: a vibrant look at China’s ‘golden week’ economic boom  South China Morning Post

Economics

2 w. ago Critics of Singapore’s property cooling measures miss bigger picture

It is easy to be critical of Singapore’s seemingly never-ending property cooling measures. Since 2009, the government has intervened at least 15 times in an effort to take the heat out of the city state’s residential real estate market. Despite this, average prices of second-hand private properties as well as those built by the Housing and Development Board (HDB), Singapore’s public housing authority, keep hitting new highs. Even historically cheap suburban areas are no longer a “budget...

Culture

2 w. ago Pictures of the week: China Open in Beijing, protesters in Madagascar

Pictures of the week: China Open in Beijing, protesters in Madagascar  South China Morning Post

Events

2 w. ago Is China’s Fujian carrier ready to enter service? These pictures may be a clue

China’s most advanced aircraft carrier, the Fujian, has been pictured at a naval base on the southern island of Hainan for the first time, suggesting it is a step closer to entering service. Satellite images taken on Wednesday and shared on social media showed the Fujian and the older Shandong carrier berthed side by side at Yulin Naval Base in Sanya. It was the first time the two carriers had been seen together at the same pier. Additional images indicated that four tugboats had escorted the...

Politics

3 w. ago Why Hong Kong idol Nicholas Tse photos used as ‘typhoon amulets’ during Ragasa

Hong Kong entertainment idol Nicholas Tse Ting-fung has notched up a new claim to fame as a lucky charm in the face of extreme weather. When Super Typhoon Ragasa approached Hong Kong and southern China, residents found a new way to protect themselves, attaching a picture of the star to their exposed windows. The reason? In Cantonese and Mandarin, Tse’s name sounds like a phrase meaning “thanks for stopping the wind”, Jimu News reported. As a result, as well as using adhesive tape to criss-cross...

Politics

3 w. ago Critics are missing the big picture on China’s economic transition

As China transitions from the 14th to the 15th five-year plan, its economic trajectory is once again under scrutiny. External commentary often focuses on the short-term headwinds from a cooling property market and commensurately lowered growth, but these challenges obscure a more important story. Beneath the surface, China has a vibrant backbone made strong by the synergistic effects of infrastructure, human capital, technology and an unparalleled commitment to a green transition. These...

Economics

3 w. ago Opinion | Critics are missing the big picture on China’s economic transition

Opinion | Critics are missing the big picture on China’s economic transition  South China Morning Post

Economics