51 m. ago China, US, Japan race to control African rail routes in critical minerals fight

A geopolitical contest is unfolding in central-southern Africa, where major global powers are vying for control of key logistical routes amid a global race to secure critical minerals for the green energy transition. At the centre of this rivalry lies the small town of Kapiri Mposhi in central Zambia, a strategic hub where three competing corridors – China’s Tazara, the US-backed Lobito Corridor and Japan’s Nacala Corridor – converge. Observers say the race to build these corridors is not just...

Sport

2 h. ago China former securities regulator investigated for suspected corruption, watchdog says

China former securities regulator investigated for suspected corruption, watchdog says  Reuters

Events

3 h. ago China investigates former stocks regulator Yi Huiman for disciplinary breaches

Yi Huiman, the former regulator of China’s equities market, is being investigated for disciplinary breaches, as the country’s long-standing anti-graft campaign extends into all corners of the financial industry, from banking to the stock market. Yi, the chairman of the China Securities Regulatory Commission (CSRC) from January 2019 to February 2024, is being investigated by the Communist Party’s disciplinary unit for severe breaches of discipline, according to the Central Commission for...

Events

5 h. ago Venezuela’s Maduro calls for talks after Trump’s threat over military jets

Venezuelan leader Nicolas Maduro has called for dialogue with Washington, hours after President Donald Trump threatened to shoot down Venezuelan military jets if they pose a danger to US forces. Tensions between the two countries soared in recent days after the Pentagon accused Venezuela of buzzing its ships in the Caribbean following a deadly US strike on an alleged Venezuelan drug boat. “None of the differences we have and have had can lead to a military conflict,” Maduro said on Friday in a...

Events

8 h. ago Interim NASA head tells agency that it will beat China back to the moon

Interim NASA head tells agency that it will beat China back to the moon  NBC News

Technology

8 h. ago China’s multipolar ambition is making the US sit up and fire back

At the Shanghai Cooperation Organisation (SCO) summit in Tianjin this week, the choreography was striking. Chinese President Xi Jinping, flanked by Russian President Vladimir Putin and Indian Prime Minister Narendra Modi, unveiled proposals for a development bank, expanded BeiDou satellite services, and cooperation in green technology, artificial intelligence and infrastructure. The message was unmistakable: the SCO is no longer just a security forum. It is evolving into a platform offering...

Economics

13 h. ago What mainstream capitalist economists won’t tell you about China

What mainstream capitalist economists won’t tell you about China  People's World

Politics

15 h. ago Google hit with US$3.45 billion EU antitrust fine over adtech practices

Alphabet’s Google was hit with a €2.95 billion (US$3.45 billion) EU antitrust fine on Friday for anticompetitive practices in its lucrative adtech business, marking its fourth penalty in its decade-long fight with EU competition regulators. The move by the European Commission was triggered by a complaint from the European Publishers Council and comes amid a threat by US President Donald Trump to retaliate against the European Union for any push against Big Tech. The EU competition enforcer had...

Economics

15 h. ago EU hits Google with US$3.45 billion fine, drawing tariff threat from Trump

The EU on Friday slapped Google with a massive €2.95 billion (US$3.45 billion) antitrust fine for favouring its own advertising services, drawing a furious rebuke from US President Donald Trump and a threat of fresh tariffs against Europe. Google vowed to appeal the decision by the European Commission, which accused the US firm of distorting competition in the 27-nation bloc. “Google abused its dominant position in adtech, harming publishers, advertisers, and consumers. This behaviour is illegal...

Economics

15 h. ago Europe should stand with China in upholding correct historical perspective on WWII: Global Times editorial

Europe should stand with China in upholding correct historical perspective on WWII: Global Times editorial  Global Times

Events

17 h. ago Hiring stalls as US firms hold back expansion amid economic uncertainty

US employers added just 22,000 jobs last month as the labour market continued to cool under uncertainty over President Donald Trump’s economic policies. The Labor Department said on Friday that hiring decelerated from 79,000 in July and came in below the roughly 80,000 economists had expected for August. The unemployment rate ticked up to 4.3 per cent, also worse than expected and the highest level since 2021, the Labor Department reported on Friday. When the department put out a disappointing...

Economics

17 h. ago Europe’s summer from hell, China’s stablecoin dilemma: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. Europe’s summer from hell bleeds into autumn as Trump and Xi turn the screws If Brussels’ bureaucrats returning from their long summer breaks this week were wondering what they missed, the local press had them covered. Unbecoming scenes at June’s Nato summit, the “hopelessly one-sided” trade deal with the United States in July, as well as Chinese President...

Politics

17 h. ago Europe’s summer from hell, the future of air combat: SCMP daily highlights

Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. Europe’s summer from hell bleeds into autumn as Trump and Xi turn the screws If Brussels’ bureaucrats returning from their long summer breaks this week were wondering what they missed, the local press had them covered. Unbecoming scenes at June’s Nato summit, the “hopelessly one-sided” trade deal with the United States in July, as well as Chinese President...

Politics

18 h. ago China’s control over rare earth metals threatens U.S. security, industry expert says

China’s control over rare earth metals threatens U.S. security, industry expert says  Washington Times

Events

18 h. ago Ukraine war must be resolved within UN halls, not on the battlefield

This year marks the 80th anniversary of Japan’s surrender in World War II and the founding of the United Nations. Humanity learned with great pain that peace and security must coexist for all nations, and the vicious circle of war must not be repeated. In 1941, the United States imposed an oil embargo on Japan in response to its expansion in Asia and invasion of French Indochina. For the US and its allies, Japan’s militant aggression was a blatant violation of peace; for Japan, the embargo was...

Events

18 h. ago Solution to Ukraine war must be found in the UN, not the killing fields

This year marks the 80th anniversary of Japan’s surrender in World War II and the founding of the United Nations. Humanity learned with great pain that peace and security must coexist for all nations, and the vicious circle of war must not be repeated. In 1941, the United States imposed an oil embargo on Japan in response to its expansion in Asia and invasion of French Indochina. For the US and its allies, Japan’s militant aggression was a blatant violation of peace; for Japan, the embargo was...

Events

19 h. ago Tesla to award Musk an unparalleled $1 trillion depending on performance

Tesla’s board has proposed a US$1 trillion compensation plan for CEO Elon Musk in what would be the largest corporate pay package in history, underscoring the hold Musk has over the carmaker as it attempts to transform into an AI and robotics powerhouse. The world’s richest person has consistently said he needs more of a stake in the company, even as a legal battle over his 2018 pay package – then valued at a mere US$56 billion – continues. The regulatory filing puts Musk on a different plane...

Events

19 h. ago Tesla to award Musk an unparalleled US$1 trillion depending on performance

Tesla’s board has proposed a US$1 trillion compensation plan for CEO Elon Musk in what would be the largest corporate pay package in history, underscoring the hold Musk has over the carmaker as it attempts to transform into an AI and robotics powerhouse. The world’s richest person has consistently said he needs more of a stake in the company, even as a legal battle over his 2018 pay package – then valued at a mere US$56 billion – continues. The regulatory filing puts Musk on a different plane...

Events

19 h. ago How the US can beat China on drug safety and national security

How the US can beat China on drug safety and national security  Roll Call

Events

21 h. ago Belt and Road Summit marks a decade of deals as Hong Kong eyes new chapter of collaboration

[The content of this article has been produced by our advertising partner.] Co-organised by the HKSAR Government and the Hong Kong Trade Development Council (HKTDC), the 10th Belt and Road Summit will return to the Hong Kong Convention and Exhibition Centre on September 10-11.  Bringing together over 90 speakers from 18 Belt and Road economies, this year’s two-day programme continues a ten-year run of policy dialogue, business exchange and investment matchmaking under the theme “Collaborate for...

Politics