1 hour ago China’s SOEs breathe life into Xi Jinping’s ‘city of the future’ Xiongan

Xiongan, China’s “city of the future” – a project years in the making, championed by President Xi Jinping – is slowly coming to life, as major state-owned enterprises (SOEs) begin relocating to the new metropolis in Hebei province. Sinochem Holdings and China Huaneng Group are among the latest to officially relocate their headquarters to Xiongan this month, each bringing about 1,000 employees, according to local authorities. They join other SOEs like Beijing-Tianjin-Hebei Railway Company, which...

Politics

3 h. ago Retreating globally, US finds a new arena to flex power – at home

The Donald Trump administration is executing not merely a restructuring but a fundamental redefinition of American military purpose. The clearest evidence emerged in June, when the US president deployed 700 active-duty Marines to Los Angeles alongside 4,000 federalised National Guard troops to confront immigration enforcement protests – without California Governor Gavin Newsom’s consent. A federal judge subsequently ruled that this deployment violated the 1878 Posse Comitatus Act, which...

Politics

5 h. ago Can foreigners lead Indonesia’s state firms and make them world

Indonesia is opening the door for foreigners to lead state-owned enterprises (SOEs), a landmark move that President Prabowo Subianto has said will bring international expertise to the country’s corporate sector, even as critics warn about a lack of oversight and accountability. Speaking during the Forbes Global CEO Conference in Jakarta last week, Prabowo said a law on SOEs had been revised to allow non-Indonesians to assume top positions in the sector with roughly 1,000 state firms. “I’ve...

Politics

6 h. ago Videos show Israeli settlers attacking Palestinian olive harvesters in West Bank

Israeli settlers descended on Palestinian olive harvesters and activists this week in the Israeli-occupied West Bank, beating them with clubs in an attack Palestinian health officials said sent at least one woman to the hospital with serious injuries. The attack on Sunday in the town of Turmus Ayya, which was captured in videos obtained by Associated Press, came as Palestinians say settler violence in the region is worsening. The United Nations and rights groups have raised the alarm as harvest...

Politics

6 h. ago 37,000 workers imported into Hong Kong since start of labour scheme in 2023

Hong Kong has imported more than 37,000 workers since the government’s introduction of a labour scheme two years ago, while a construction union has announced a wage freeze for most of the major trades in the industry. The Labour and Welfare Bureau on Wednesday revealed that it had received applications to import more than 62,000 workers in the catering and hospitality industries since the Enhanced Supplementary Labour Scheme was launched in 2023. Between September 4, 2023, and September 30 this...

Politics

8 h. ago Hong Kong’s Wine and Dine Festival: how to taste the best of all worlds

The Hong Kong Wine and Dine Festival is back this year with the promise of more exclusive events, award-winning food, finer wines, and longer hours, to help attract about 150,000 visitors. Here, the Post unpacks what is on offer so you can make the most of your visit. 1. What’s new at the Wine and Dine Festival? The 2025 edition, themed “Remix – Best of All Worlds”, features several updates to elevate the visitor experience, with the return of a special dinner featuring Michelin-starred chefs...

Politics

9 h. ago Singapore hospital counters woman’s illegal restraint, forced injection claims

Tan Tock Seng Hospital in Singapore on Tuesday defended the actions of a clinical team that attended to one of its patients after the woman claimed that she was mistreated at the hospital. “We are aware of recent online posts by a patient alleging that her treatment at our hospital was insensitive and inappropriate. We take the allegations seriously,” the hospital said in a social media post. “Our clinical team’s actions were guided by our foremost duty to ensure the safety and well-being of the...

Events

14 h. ago China has been very rough with us: Trump defends 155% tariffs as overdue payback

China has been very rough with us: Trump defends 155% tariffs as overdue payback  India Today

Politics

14 h. ago Naked China boy running on all fours raises concerns over child welfare and safety

A Chinese boy was spotted running on all fours naked and behaving like a dog, while his parents dismissed government inquiries, claiming it was a form of “natural parenting.” On October 15, a video was posted online showing a naked boy running on all fours in a highway service area in southwestern China’s Sichuan province. Social media users were shocked to see the boy acting like a dog, picking up food from the ground with his mouth and sniffing it before eating. His parents were nearby,...

Politics

15 h. ago Why South Korea’s Gen Z are falling prey to the scam gangs of Southeast Asia

A growing number of young South Koreans are vanishing into Southeast Asia’s criminal underworld, lured by the promise of high-paying jobs – only to end up trafficked, tortured or killed. Many, fleeing a stagnant labour market at home, are being deceived by transnational crime syndicates into running online scams and illegal gambling operations. Others join willingly in search of easy money. But all eventually find themselves exploited, victims of criminal enterprises that span the lawless border...

Events

24 h. ago China’s analogue AI chip could work 1,000 times faster than Nvidia GPU: study

Chinese scientists have created a superfast analogue chip that can solve complex maths problems for advanced scientific tasks and artificial intelligence (AI) while using less power than conventional computing, according to a paper published this month. The analogue device designed by researchers from Peking University uses memory chips made of resistive materials. With future improvements, it could perform calculations at a processing rate 1,000 times faster than top digital processors, such as...

Politics

25 h. ago Hong Kong’s John Lee champions Shaw Prize vision, pays tribute to late physicist

Hong Kong’s leader has said late entertainment mogul Run Run Shaw’s vision of celebrating education and the pursuit of knowledge with his prestigious science prize is central to the city government’s own aspirations. Speaking at the award ceremony for the prestigious Shaw Prize on Tuesday, Chief Executive John Lee Ka-chiu also paid his respects to late Nobel Prize-winning theoretical physicist Chen-ning Yang, who was one of the local award’s founding council members. The award, dubbed the “Nobel...

Politics

28 h. ago Chinese woman charged in Paris gold theft from Natural History Museum

A Chinese woman has been arrested and charged over the theft of gold from the Natural History Museum in Paris, in one of several recent high-profile break-ins targeting French cultural institutions, a prosecutor said on Tuesday. The theft – by what the museum’s director at the time said was an “extremely professional team” – took place on September 16, about a month before an audacious jewellery heist at the world-famous Louvre Museum on Sunday. A 24-year-old Chinese woman was arrested in...

Culture

29 h. ago Hong Kong will lead push for green fuel to elevate status as aviation hub: minister

Hong Kong will play a pivotal role in pushing for the use of sustainable aviation fuel (SAF) in an effort to raise the city’s status as an international aviation hub, the city’s transport chief has pledged. Speaking at the International Air Transport Association (IATA)’s World Sustainability Symposium hosted in Hong Kong on Tuesday, Secretary for Transport and Logistics Mable Chan also said the government’s green fuel usage target of 1 to 2 per cent by 2030, announced after Chief Executive John...

Politics

29 h. ago DeepSeek outperforms AI rivals in ‘real money, real market’ crypto showdown

A new real-market cryptocurrency trading experiment that pits leading artificial intelligence models against one another to evaluate their respective investing abilities has seen a DeepSeek model outperform rivals so far. In Alpha Arena, launched on Friday by US research firm Nof1, six large language models (LLMs) were given US$10,000 each to invest in six cryptocurrency perpetual contracts on the decentralised exchange Hyperliquid, including bitcoin and solana. As of 2pm on Tuesday, DeepSeek’s...

Economics

29 h. ago China shop clerk breaks jade bangles worth US$140,000; owner seeks no compensation

A shop clerk in eastern China accidentally broke jade bangles valued at over one million yuan (US$140,000), yet the owner chose compassion over compensation, giving the young man a chance to learn from his mistake. The incident, which occurred in October at a jewellery shop in Suzhou, Jiangsu province, was captured on surveillance video. While moving a table, the clerk accidentally knocked over a box of jade bangles, resulting in a loud crash. He attempted to gather the pieces but squatted in...

Economics

30 h. ago Apple’s iPhone and beauty products lead the charge in record

Alibaba Group Holding kicked off direct sales for its annual Singles’ Day shopping festival on Monday, with initial figures surpassing last year’s performance – a sign of strengthening domestic consumption during China’s biggest online retail event. Since direct sales began on Taobao and Tmall at 8pm on Monday, 80 brands had exceeded 100 million yuan (US$13.8 million) in sales within the first hour, while more than 30,000 brands doubled their takings from a year earlier, according to data...

Politics

31 h. ago Major foreign banks raise China’s GDP forecast, annual target seen as ‘on track’

Several major banks forecast stronger economic growth for China this year, buoyed by third-quarter data showing slightly better-than-expected expansion despite domestic and external headwinds. Investment bank Goldman Sachs raised its full-year gross domestic product forecast for 2025 from 4.8 per cent to 4.9 per cent, noting that the government’s target of “around 5 per cent” remains “largely on track”. The bank also revised its estimate for 2026, up slightly from 4.2 per cent to 4.3 per cent,...

Events

31 h. ago Overseas banks raise China GDP forecasts, say Beijing ‘on track’ for 2025 target

Several major banks forecast stronger economic growth for China this year, buoyed by third-quarter data showing slightly better-than-expected expansion despite domestic and external headwinds. Investment bank Goldman Sachs raised its full-year gross domestic product forecast for 2025 from 4.8 per cent to 4.9 per cent, noting that the government’s target of “around 5 per cent” remains “largely on track”. The bank also revised its estimate for 2026, up slightly from 4.2 per cent to 4.3 per cent,...

Events

33 h. ago 4 smugglers arrested for bringing gold into Japan from Hong Kong in underwear

Four people have been arrested for allegedly trying to smuggle about 8kg of gold worth around 98.7 million yen (US$650,000) from Hong Kong to Japan by concealing gold powder in underwear, sources familiar with the matter revealed on Tuesday. Masamori Nishimura, 34, is believed to have orchestrated the smuggling attempt by instructing three women in their 20s and 30s to wear underwear with concealed gold powder on a flight in July last year, the sources said. The four admitted to the charges,...

Events