5 h. ago Nvidia Can Sell AI Chip to China Again After CEO Meets Trump

Nvidia Can Sell AI Chip to China Again After CEO Meets Trump - WSJ  The Wall Street Journal

Politics

8 h. ago Why Trump’s remittance tax will be ‘devastating’ for Filipino

A new tax on international remittances introduced under US President Donald Trump’s sweeping economic reform bill is drawing criticism from Filipino-American communities, who say the measure will hit working-class migrants hardest and threaten the livelihoods of their families in the Philippines. Under the new law, green card holders and migrant workers will be charged a 3.5 per cent levy on overseas money transfers starting on January 1 – a move that analysts warn will carry far-reaching...

Politics

8 h. ago How China — and even US taxpayers — are funding the left’s climate lawfare campaign

How China — and even US taxpayers — are funding the left’s climate lawfare campaign  The Hill

Economics

9 h. ago Developer Grand Ming avoids risking default by getting waivers from lenders

Hong Kong developer Grand Ming Group has avoided risking default by obtaining waivers from its lenders for outstanding loans totalling HK$4.8 billion (US$611.5 million). “The group has successfully obtained waivers from all lenders in respect of the breach,” the company said on Monday. “Accordingly, the lenders will not demand immediate repayment of the respective bank borrowings under the loan facilities from the group as a consequence of the breach. The group will repay the loan principal and...

Events

9 h. ago Japan man sells Ferrari to fund shelter for ‘taxing’ dogs, repay life

A 54-year-old man in Japan closed his company and sold his luxury sports car to help fund a shelter for “problematic dogs” after his own pet saved him when he tried to commit suicide. The Wansfree canine rescue centre in Yaizu, Shizuoka Prefecture, central Japan, offers its services for free. It cares for difficult dogs that animal-lovers find impossible to deal with, The Asahi newspaper reported. The animals it shelters usually bite indiscriminately and bark and snarl at everyone. Their fierce...

Economics

10 h. ago Nvidia says it has Trump administration green light to sell China its advanced H20 computer chips used for AI

Nvidia says it has Trump administration green light to sell China its advanced H20 computer chips used for AI  CBS News

Politics

13 h. ago ‘China’s Ozempic’ pioneer inks deal with JD Health for online distribution

Innovent Biologics, the first Chinese company to win regulatory approval to sell a GLP-1 drug for weight loss and diabetes, will leverage JD Health’s online distribution network as it seeks to grab a slice of a market that could be worth 40 billion yuan (US$5.6 billion) in a decade. The companies will collaborate on supply chain and sales channel development ahead of Innovent’s launch of mazdutide, as well as engage in a consumer education campaign. “Innovent and JD Health will join hands to...

Politics

13 h. ago China woman, left school at 15 to help her family, gets 7 million fans selling online

A woman from central China who started doing chores at the age of five and left school at 15 to support her disabled parents has gone viral for selling vegetables in her village. Li Yayun, 27, from Henan province, is known online as Li Fugui. Her videos of rural life and heartfelt interactions with elderly villagers have earned her over 7 million followers on mainland social media. Admired for her beauty and warm personality, fans have nicknamed her the “Vegetable Xi Shi” in reference to one of...

Politics

14 h. ago China on track to break ETF issuance record amid booming investor demand

China is likely to issue a record number of exchange-traded funds (ETFs) this year, having already crossed the halfway mark of the all-time high of 277 ETFs launched four years ago, spurred by favourable regulations and growing investor demand. Fund managers in mainland China launched 166 ETFs tracking stock indexes, bonds and overseas markets up to the end of June, according to ETFGI, a research and consulting firm. “If the pace of launches continues, we will see the previous record of 277 ETFs...

Economics

14 h. ago Anwar’s big surprise? Malaysians sceptical over ‘tribute’ teaser post

A cryptic promise from Prime Minister Anwar Ibrahim has become the latest lightning rod for Malaysia’s restless public, whose patience is wearing thin after months of new taxes, political scandals and economic anxiety. Late on Monday, Anwar posted a stylised silhouette and the words Akan Datang (Coming Soon) across his social media accounts, promising a special gesture of “extraordinary” appreciation for all Malaysians. The post, which was met with widespread derision, appeared just hours after...

Events

15 h. ago Nvidia Wins OK to Sell AI Chip to China Again After CEO Meets Trump

Nvidia Wins OK to Sell AI Chip to China Again After CEO Meets Trump - WSJ  The Wall Street Journal

Politics

16 h. ago If the US wants Japan, Australia to commit to Taiwan role, will they agree?

The United States is unlikely to secure public pledges from Japan and Australia on what they would do if a conflict broke out with Beijing over Taiwan, according to analysts in mainland China and the US. They said Washington’s efforts to pressure its two key Asia-Pacific allies while amplifying the so-called China threat only revealed “weakening” confidence in its ability to manage regional tensions. Over the weekend, the Financial Times reported that the US had also been putting pressure on...

Politics

17 h. ago Nvidia to resume selling H20 graphic processing chips to China

Nvidia will resume selling its H20 chips in China and release a new graphics processing unit (GPU) for the country in compliance with US export restrictions, according to a statement amid the visit by its CEO Jensen Huang to Beijing. Nvidia has applied to sell the H20 GPU again, and the US government has “assured Nvidia that licences will be granted” and Nvidia is expected to start deliveries soon, according to a company statement on Tuesday. Nvidia “hopes to start deliveries soon”, it...

Politics

17 h. ago Breaking | Nvidia to resume selling H20 graphic processing chips to China

Breaking | Nvidia to resume selling H20 graphic processing chips to China  South China Morning Post

Politics

18 h. ago Japan warns of China’s military moves as biggest strategic challenge

Japan warns of China’s military moves as biggest strategic challenge  The Hill

Events

19 h. ago New Severe Weather Wreaks Havoc at Beijing Capital and Tokyo Haneda Airports, Over 2,500 Flights Delayed and Cancelled, Affecting Air China, Japan Airlines, Emirates and More: You Need to Know

New Severe Weather Wreaks Havoc at Beijing Capital and Tokyo Haneda Airports, Over 2,500 Flights Delayed and Cancelled, Affecting Air China, Japan Airlines, Emirates and More: You Need to Know  Travel And Tour World

Society

27 h. ago What fuels preschool teacher development: Lessons from China, Japan, and the United States

What fuels preschool teacher development: Lessons from China, Japan, and the United States  Phys.org

Politics

30 h. ago China’s ‘energy ring’; Trump’s ‘Big Beautiful Bill’: 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. How Trump’s latest tariffs on allies, rivals could fund his ‘Big Beautiful Bill’ As the ink on US President Donald Trump’s signature “One Big Beautiful Bill” barely dried, he turned his focus back to tariffs, ending a three-month lull in global trade tensions. 2. China’s exports accelerate in June as US trade truce creates opening China’s exports recorded a...

Politics

30 h. ago Driverless taxis in mainland China could control more than 6% of market: HSBC

Driverless cabs in China could account for 6 per cent of the country’s total taxi market, aided by advanced digital infrastructure and consumer willingness to embrace new technologies, according to HSBC. The potential addressable market for robotaxis in mainland China was estimated to be around US$40 billion a year, the bank said in a report on Monday, without elaborating on when local operators of driverless cabs could achieve the goal. The projection represented 6.2 per cent of the total taxi...

Economics

32 h. ago Hong Kong’s first fully licensed fleet of premium taxis hits the streets

Hong Kong launched its much-awaited premium taxi service on Monday, as the first operator to receive a full licence hit the streets with its 160 cabs after completing a trial run. SynCab showcased its vehicles during a launch ceremony attended by Secretary for Transport and Logistics Mable Chan, who said she expected the company would help the public to see the clear path forward for the development of higher-end taxis. She also stressed the importance of training drivers to ensure good...

Events