3 h. ago In China, fears grow of an EV financial crisis amid pricing war

In China, fears grow of an EV financial crisis amid pricing war  CNBC

Events

7 h. ago Gen. Keane warns China conducting 'most comprehensive penetration' of US society in our 250

Gen. Keane warns China conducting 'most comprehensive penetration' of US society in our 250-year history  Fox Business

Events

9 h. ago Hongkongers warned not to download mobile game ‘promoting secessionist agenda’

Hong Kong police have warned residents against downloading a mobile game application advocating Hong Kong and Taiwanese independence or risk breaking national security laws. The force also said on Tuesday that action had been taken under the Beijing-imposed national security law to allow police to require the relevant electronic platforms to remove access to the game Reversed Front: Bonfire, which was developed by ESC Taiwan and released in April. Individuals who downloaded the app could be...

Events

10 h. ago China’s solar panel makers seek antidote to market ills as glut, price war, tariffs bite

China’s solar photovoltaic (PV) manufacturers are looking for solutions to years of price wars and losses at home amid excess capacity and waning demand as executives gathered in Shanghai to discuss the problems crippling the industry. They will get a chance to gauge the crisis as the financial hub plays host to the SNEC PV+ Photovoltaic Power Conference and Exhibition from Tuesday to Friday. The conference is the largest of its kind, attracting some 3,000 enterprises from more than 100...

Economics

15 h. ago Malaysia’s new luxury tax a hard sell for Anwar as popularity wanes

Many Malaysians may find life’s little indulgences suddenly beyond their reach from next month, when fresh taxes bite on premium goods and services like salmon and silk – and even haircuts – after the cash-strapped government said it would raise revenue from so-called luxury spending. Taxes of between 5 and 10 per cent will be imposed on “discretionary and non-essential goods” as well as financial and beauty services and private education from July 1, the Finance Ministry said in a statement...

Events

16 h. ago China’s $1.1tn asset manager becomes star player on ‘national team’

China’s $1.1tn asset manager becomes star player on ‘national team’  Financial Times

Politics

17 h. ago 'India has become excessively dependent on China': Top economist calls for 'carefully tailored policy' for trade with Beijing

'India has become excessively dependent on China': Top economist calls for 'carefully tailored policy' for trade with Beijing  MSN

Events

19 h. ago Hong Kong Observatory may raise No 1 typhoon signal on Wednesday morning

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. New users who download our updated app get a seven-day free trial. The Hong Kong Observatory is expected to issue the No 1 typhoon warning signal on Wednesday morning at the earliest and assess the need to raise the alert to a higher level the following day. The forecaster said a broad area of low pressure over the central part of the South China Sea was...

Politics

19 h. ago Hong Kong Observatory could issue No 1 typhoon signal on Wednesday morning

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. New users who download our updated app get a seven-day free trial. The Hong Kong Observatory is expected to issue the No 1 typhoon warning signal on Wednesday morning at the earliest and assess the need to raise the alert to a higher level the following day. The forecaster said a broad area of low pressure over the central part of the South China Sea was...

Politics

19 h. ago Hong Kong Observatory may issue No 1 typhoon signal on Wednesday morning

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. New users who download our updated app get a seven-day free trial. The Hong Kong Observatory is expected to issue the No 1 typhoon warning signal on Wednesday morning at the earliest and assess whether to increase the level the following day, as the city recorded its hottest day of the year so far amid temperatures of 37.8 degrees Celsius (100 Fahrenheit) in...

Politics

19 h. ago Hong Kong Observatory to issue No 1 typhoon signal at 12.40am on Wednesday

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. New users who download our updated app get a seven-day free trial. The Hong Kong Observatory will issue the No 1 typhoon warning signal at 12.40am on Wednesday and assess whether to increase the level later in the week. The city recorded its hottest day of the year so far on Tuesday with temperatures of 37.8 degrees Celsius (100 Fahrenheit) in some areas. The...

Politics

19 h. ago Hong Kong Observatory issues No 1 typhoon signal at 12.40am on Wednesday

This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. New users who download our updated app get a seven-day free trial. The Hong Kong Observatory issued the No 1 typhoon warning signal at 12.40am on Wednesday and will assess whether to increase the level later in the week. The city recorded its hottest day of the year so far on Tuesday with temperatures of 37.8 degrees Celsius (100 Fahrenheit) in some...

Politics

29 h. ago Trump tariffs latest: Musk row with Trump is ‘damaging’ Tesla, warns Wall Street

Trump tariffs latest: Musk row with Trump is ‘damaging’ Tesla, warns Wall Street  The Telegraph

Events

30 h. ago Slain Hong Kong model Abby Choi ‘took advantage’ of rich husband, court hears

The former mother-in-law of slain Hong Kong socialite Abby Choi Tin-fung feared the model’s disappearance two years ago would expose how the deceased had financially exploited her wealthy husband, a court has heard. Jenny Li Sui-heung, 65, told the District Court on Monday that she thought it was “shameful” to talk to police about the “chaotic” relationship between Choi, her husband Chris Tam and ex-husband Alex Kwong Kong-chi after the model went missing on February 21, 2023. The defendant, who...

Events

30 h. ago Tariff war ‘not the end of the world’ for Hong Kong companies: trade council chief

The US-China tariff war is “not the end of the world” for Hong Kong businesses, the new head of the city’s Trade Development Council has said, as he outlined strategies to help them capitalise on geopolitical uncertainties. Chairman Frederick Ma Si-hang, who took office on June 1, also said on Monday the council would explore setting up more offices in new markets and rebranding the Asian Financial Forum to include more industry elements. The council has 51 offices around the world, including...

Events

32 h. ago Hongkongers warned to be vigilant when travelling to US amid protests in country

Hong Kong authorities have called on residents to be vigilant and prioritise safety when travelling to the United States amid protests in the country. Los Angeles has been rocked by ongoing immigration-related protests, which escalated after 300 California National Guard troops were deployed on Sunday as part of a larger force mobilised to support federal law enforcement amid escalating clashes between protesters and immigration agents. “The government reminds Hong Kong residents who are...

Events

32 h. ago Hongkongers warned to be vigilant in US as protests rock Los Angeles

Hong Kong authorities have called on residents to be vigilant and prioritise safety when travelling to the United States amid ongoing immigration-related protests in Los Angeles. Some Hongkongers based in California’s largest city on Monday slammed US President Donald Trump’s decision to deploy the National Guard in the city, saying it would only further heighten the situation. The US Immigration and Customs Enforcement’s operation against illegal immigrants in Los Angeles on Friday triggered...

Events

33 h. ago Malaysia faces searing heatwave as temperatures hit high of 37 degrees

Malaysia is bracing for another heatwave with temperatures topping 37 degrees Celsius in certain areas as experts warn of the serious health threats faced by residents due to the adverse weather conditions. Last week, MetMalaysia issued a Level 1 advisory after six areas in Peninsular Malaysia experienced maximum daily temperatures of between 35 and 37 degrees for three consecutive days. The alert by the meteorological department came amid the southwest monsoon season, which began in May and is...

Events

33 h. ago Hong Kong moves to curb ‘abuse’ of traffic accident compensation

Lawmakers have supported the Hong Kong government’s proposal to significantly reduce the number of compensated sick leave days and daily subsidy available to traffic accident victims, claiming that the move will help prevent future abuses of the system. The legislative panel’s discussion on Monday primarily focused on reviewing the Traffic Accident Victims Assistance Scheme. Administered by the Social Welfare Department, the fund provides financial aid to victims of road traffic accidents or...

Events

35 h. ago Hibor plunge a bigger deal for stock market than Hong Kong’s property sector

Hong Kong needs all the help it can get. Since 2018, the city has suffered one shock after another, preventing a meaningful recovery from taking hold and fuelling concerns about its position as a global financial centre. As an importer of US monetary policy with an economy that is far more synchronised with that of mainland China, Hong Kong has been the biggest casualty of economic and policy divergence between the world’s two largest economies, prompting renewed questions about the suitability...

Economics