33 y. ago The Sydney Morning Herald from Sydney, New South Wales, Australia • Page 12

The Sydney Morning Herald from Sydney, New South Wales, Australia • Page 12  Newspapers.com

Politics

4 h. ago Chinese vessel grounding: concern in Philippines over new grey

A recent case of a Chinese militia vessel running aground on a strategic island in the disputed South China Sea has raised concerns from the Philippine side of another wave of so-called grey-zone activities by Beijing, even as Manila’s officials acknowledge the incident could be down to inclement weather. Observers point to the Philippines having adopted the same strategy to stake claim over the Second Thomas Shoal when it permanently grounded the war vessel BRP Sierra Madre in 1999. The recent...

Politics

7 h. ago China and South Africa strengthen defense ties at 10th meeting

China and South Africa strengthen defense ties at 10th meeting  ecns.cn

Events

26 h. ago BYD and other mainland carmakers pledge to speed up payments to suppliers

BYD and other mainland carmakers pledge to speed up payments to suppliers  South China Morning Post

Politics

28 h. ago Fans of Malaysia’s Rafizi face police probes as internal party feud intensifies

A feud within Malaysia’s ruling party has intensified after supporters of former People’s Justice Party (PKR) deputy president Rafizi Ramli alleged they were targeted by the police over social media posts about last month’s party elections. Rafizi, who served as deputy to Prime Minister Anwar Ibrahim within the party, lost his post in the May 23 internal election to Anwar’s daughter, Nurul Izzah. Her elevation fuelled accusations of growing nepotism in the party, which is helmed by her...

Events

28 h. ago Top US envoy in Hong Kong may be headed for senior role in Beijing embassy

The top US diplomat in Hong Kong is likely to be heading north to take up a leading role in the United States’ Beijing embassy, the South China Morning Post has learned. Gregory May, who arrived to serve as the US consul general for Hong Kong and Macau in September 2022, is tipped to be a top candidate for a ministerial role in the US embassy in Beijing, according to sources. It is a critical time in the relationship as Beijing and Washington engage in a series of high-stakes talks to manage...

Politics

28 h. ago Exclusive | Top US envoy in Hong Kong may be headed for senior role in Beijing embassy

Exclusive | Top US envoy in Hong Kong may be headed for senior role in Beijing embassy  South China Morning Post

Politics

47 h. ago China backs South Africa against ‘hegemony and bullying’ amid US tensions

Beijing is ready to work with South Africa to oppose global “hegemony and bullying”, Chinese Defence Minister Dong Jun said on Tuesday, amid growing tensions between Pretoria and Washington over South Africa’s ties to Russia and controversial US asylum policies. The remarks came during a meeting in Beijing with General Rudzani Maphwanya, chief of the South African National Defence Force, according to a statement released by China’s Ministry of National Defence. It was Dong’s first public...

Events

48 h. ago Living in China’s shadow has become ‘very dangerous’ for Filipino islanders

Living in China’s shadow has become ‘very dangerous’ for Filipino islanders  South China Morning Post

Politics

50 h. ago Former residence of South Korea’s Yoon under scrutiny over ‘pet pool’

A shallow pool inside South Korea’s presidential residence has sparked a debate among lawmakers over whether it was used by former president Yoon Suk-yeol and his wife for their pets. There has been increasing speculation that the pool was used for pets and not humans, said Representative Kim Byoung-joo at a meeting held on Monday by the Democratic Party, which became the country’s ruling party following President Lee Jae-myung’s election win last week. “I’ve looked around the space inside the...

Politics

52 h. ago China's Xi urges respect, 'right track' in call with South Korean counterpart

China's Xi urges respect, 'right track' in call with South Korean counterpart  Reuters

Politics

55 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

55 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

57 h. ago Chinese stocks ‘not particularly cheap’ with weak earnings power, JPMorgan says

Chinese equities are not as cheap as they seem because the nation’s economic slowdown has weakened corporate earnings, making it imperative for investors to screen stocks and sectors carefully to pick winners, according to JPMorgan Asset Management. While they traded at 14 times historic earnings in line with the average valuation over the past decade, investors were getting less oomph from the current scenario because the return on equity was faltering due to weaker profitability trend, said...

Politics

58 h. ago ‘Irresistible trend’: why Chinese firms are rushing to open factories in Hungary

When Agosto Bodo took a job at a Chinese law firm’s Budapest office last year, he found himself catapulted into the centre of a China-fuelled investment boom. Yingke Law Firm, a major player in Chinese corporate law, had opened the new office to serve a wave of Chinese companies looking to open factories in Hungary. And the business was quickly gaining momentum. “We helped our clients with sourcing labour, looking for offices – we provided the whole service to help them overcome the language and...

Politics

68 h. ago Breaking | US and China begin crunch trade talks in London amid simmering tensions

Breaking | US and China begin crunch trade talks in London amid simmering tensions  South China Morning Post

Events

2 d. ago ByteDance’s China head of content quality leaves amid stricter censorship requirements

ByteDance’s China head of content quality leaves amid stricter censorship requirements  South China Morning Post

Politics

2 d. ago Hong Kong students still unable to get US visa bookings: consultancy firms

Hong Kong tertiary students looking to study in the United States remain unable to secure visa appointments with the country’s local consulate, despite bookings becoming available in Beijing and other jurisdictions. Three education consultancies contacted by the Post said that they still could not book appointment slots for their clients as of Monday morning, further fuelling confusion among students amid Washington’s sudden policy shifts in recent days. Samuel Chan Sze-ming, managing partner at...

Politics

2 d. 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

3 d. ago Investors underinvested in China, though many express interest: Morgan Stanley

Investors underinvested in China, though many express interest: Morgan Stanley  South China Morning Post

Economics