6 h. ago Should Hong Kong hit luxury homeowners with heavier fines for illegal works?

Hong Kong authorities should appeal against the “light” penalties imposed on two property owners for erecting illegal structures at their luxury Redhill Peninsula homes, experts have said, warning that the fines are not hefty enough to deter offenders. The specialists weighed in after the two property owners were told to pay more than HK$110,000 (US$14,015) in total after admitting to carrying out unauthorised building works. Their convictions are the first among 30 prosecutions made against...

Events

14 h. ago Chinese aircraft carriers’ Pacific presence sparks warnings for Philippines

The crossing of a US-designated island chain in the Western Pacific by a Chinese carrier group marks an increase in Beijing’s “operational tempo” that the Philippines should pay heed to, observers say. They warn, however, that a “delicate balance” should still be maintained to avoid any escalation amid calls for vigilance. Regional governments such as Japan and Taiwan have advised increased caution, and a former official in the Joe Biden administration has suggested formalising the so-called...

Events

14 h. ago Hong Kong’s mediation centre open to developed nations, Western countries

Western and developed countries are welcome to use services offered by Hong Kong’s newly established global mediation centre, a senior official has said, dismissing concerns over the institute’s founding members being primarily developing nations. Deputy Secretary for Justice Horace Cheung Kwok-kwan on Saturday also addressed the possible direct competition with other dispute resolution hubs, including Singapore, outlining Hong Kong’s distinct advantages such as its “one country, two systems”...

Politics

16 h. ago Chinese envoy urges Israel to halt ‘risky’ Iran attacks, warns of consequences

A senior Chinese diplomat has urged Israel to halt its military actions against Iran as tensions between the two Middle Eastern rivals mount, warning the escalating conflict could have “serious consequences”. Fu Cong, China’s ambassador to the UN, told an emergency meeting of the UN Security Council on Friday that the surging tensions in the region did not serve the interests of any party. “China urges Israel to immediately stop all risky military actions to avoid further escalation of...

Events

30 h. ago Jane Street to pay US$3.9m a month to rent Hong Kong office space

Henderson Land Development, one of Hong Kong’s largest developers, has leased a 223,437 sq ft space in its prized mixed-use project in Central to Jane Street Asia in one of the largest leasing transactions in the city’s main business district in decades. The rent for the space, across six floors in New Central Harbourfront, will be HK$137 (US$17.45) per square foot per month, or HK$30.6 million per month, excluding fees. The transaction, which makes the quant trading firm the anchor tenant of...

Society

30 h. ago Jane Street to pay US$3.9m a month in record Hong Kong office lease

Henderson Land Development, one of Hong Kong’s largest developers, has leased a 223,437 sq ft space in its prized mixed-use project in Central to Jane Street Asia in one of the largest leasing transactions in the city’s main business district in decades. The rent for the space, across six floors in New Central Harbourfront, will be HK$137 (US$17.45) per square foot per month, or HK$30.6 million per month, excluding fees. The transaction, which makes the quant trading firm the anchor tenant of...

Economics

33 h. ago ‘Any time, any place’: Philippine army to be deployed to South China Sea islands

A senior Philippine military official has revealed a soon-to-be-deployed strategy that would involve an army contingent to support law enforcement units on occupied islands in the South China Sea. Observers said the strategy would align with Manila’s policy shift from an internal to external defence posture aimed at protecting the country’s territorial waters. One expert, however, warned that it could lead to more aggressive moves by the Chinese navy and coastguard if Beijing were to view...

Politics

33 h. ago India, China Tackle Rare Earth Curbs in Meeting of Top Officials

India, China Tackle Rare Earth Curbs in Meeting of Top Officials  Bloomberg

Politics

33 h. ago Huawei’s AI chip output limited to 200,000 in 2025, US commerce official says

Huawei Technologies is expected to ship no more than 200,000 of its advanced artificial intelligence (AI) semiconductors this year, according to a senior Trump administration official overseeing US export controls, who estimated that “most or all of” those chips would be supplied to enterprises within China. That figure would pale in comparison to the more than 1 million China-specific H20 graphics processing units (GPUs) produced by Nvidia in the last nine months of 2024, according to a January...

Politics

34 h. ago Indebted owner’s luxury property on The Peak on sale at 30% discount

Distressed sales in Hong Kong’s luxury property market persist, with a mansion on The Peak now listed at two-thirds the purchase price six years ago. The three-storey detached house in Twelve Peaks at 12 Mount Kellett Road, developed by Sun Hung Kai Properties, has been put up for sale for HK$330 million (US$42 million) by the creditor, according to Colliers, which has been appointed as the sole agent for the asset. Yip Yuen Sai bought the property for HK$450 million in 2019, according to the...

Economics

34 h. ago Japan monk adopts ‘noisy’ abandoned dog, later saved by canine from fierce bear

A Japanese Buddhist monk who adopted an abandoned dog was saved by the canine during a fierce bear attack. Tougen Yoshihara, the abbot of Youkoku Temple, a historic temple in Niigata in central Japan, was taking his one-year-old Beagle, Chico, for a walk in the woods near the temple on May 29 when an unexpected encounter occurred. Suddenly, a 1.6-metre-tall bear appeared before them, leaving Yoshihara in shock, as he had never before faced such a beast. In a panic, he stumbled and fell while...

Politics

44 h. ago Japan warns of collision risks after Chinese fighter jet manoeuvres

Japan has expressed serious concerns to Beijing through diplomatic and defence channels after a Chinese fighter jet from the aircraft carrier Shandong made “abnormal approaches” to a Japanese patrol aircraft over the Pacific Ocean. In a statement, Tokyo’s defence ministry said a J-15 fighter shadowed its P-3C patrol aircraft operating over the Pacific for about 40 minutes from 10.30am on Saturday and again for around 80 minutes from 2pm on Sunday. The ministry said the Chinese fighter approached...

Events

55 h. ago Hongkongers may have to pay higher tolls at Aberdeen Tunnel, Shing Mun Tunnels

Hongkongers may have to pay more to use the Aberdeen Tunnel and the Shing Mun Tunnels under a government proposal to raise tolls from HK$5 (64 US cents) to HK$8 to help recoup some of their hefty annual losses, the Post has learned. The tunnels’ current flat fee of HK$5 for all vehicles has remained unchanged for 34 years. A source said on Thursday that authorities were planning to raise the toll to HK$8. The Shing Mun Tunnels recorded a deficit of HK$52 million in the 2023-24 financial year,...

Politics

56 h. ago WeChat Pay records fourfold rise in mainland tourist taxi payments in Hong Kong

WeChat Pay Hong Kong has recorded a fourfold increase in mainland Chinese tourist payments for taxi services in the city from last year and growing usage among locals and visitors alike, according to parent company Tencent. Vice-President of Tencent Financial Technology Daniel Hong Danyi said on Thursday that the number of transactions from mainland tourists paying for taxi fares through WeChat Pay had seen a fourfold increase year on year. “We saw that previously, many mainland tourists coming...

Economics

56 h. ago Customs works with University of Hong Kong to develop crypto transaction tracer

Customs officials are working with the University of Hong Kong to develop a tool that can trace cryptocurrency transactions, with the authority stressing it had recorded seven suspected money laundering cases involving virtual assets and more than HK$9 billion (US$1.1 billion) in recent years. Mario Wong Ho-yin, assistant commissioner for intelligence and investigation at the Customs and Excise Department, said on Thursday it would ramp up collaborations with academics, finance and virtual asset...

Politics

59 h. ago ‘Overflowing with faeces, urine’: 150 dead cats found in Japanese woman’s home

A volunteer at an animal welfare group in Japan has been arrested after about 150 dead cats were discovered at her home in Kumamoto city. Police and animal rescue volunteers found the bodies, some in an advanced stage of decomposition, on Tuesday after they entered the woman’s home to investigate a pet owner’s complaint to the animal welfare group on May 27. The complainant said she had handed over four of her late mother’s pet cats to the suspect, who had promised her regular updates and...

Events

60 h. ago Hong Kong flights to 2 Japanese cities cut over sluggish tourism and quake fears

Hong Kong Airlines is set to cancel flights to Kagoshima and Kumamoto in Japan in July and August, citing sluggish demand for tourism in the country, while flight schedules between the city and Nagoya will also be adjusted. The carrier announced the flight adjustments on Thursday amid growing concerns about a long-feared megaquake predicted to hit Japan. The airline said affected passengers could rebook for other destinations, including other cities in Japan and mainland China, as well as...

Politics

60 h. ago Chinese jets fly as close as 45 metres to Japanese patrol planes in Pacific

Chinese jets fly as close as 45 metres to Japanese patrol planes in Pacific  Reuters

Politics

62 h. ago Chinese premier says officials must adapt to ‘complex and severe’ situation

Chinese Premier Li Qiang has urged the nation’s officials to improve their ability to anticipate challenges and accurately implement policies amid a turbulent geopolitical environment. “At present, the task to comprehensively promote the Chinese path to modernisation with high-quality development is heavy and difficult, with the external situation remaining complex and severe,” he said on Wednesday, as reported by state-run news agency Xinhua. During this difficult period, officials needed to...

Politics

63 h. ago Hong Kong exhibition opens to mark fifth anniversary of national security law

An exhibition commemorating the fifth anniversary of the Beijing-imposed national security law has opened in Hong Kong, featuring video footage and images from three major social movements, with city officials urging residents to remain vigilant against threats. At the opening ceremony of the government-organised event on Thursday, Secretary for Security Chris Tang Ping-keung noted that as of June 1, 326 people had been arrested under relevant national security laws, including the legislation...

Events