7 h. ago Opinion | Don’t renew New START. It only helps our adversaries.

Opinion | Don’t renew New START. It only helps our adversaries.  The Washington Post

Politics

12 h. ago US stocks wobble as Wall Street wrangles with whether job market is too weak

US stocks wobbled lower on Friday as Wall Street questioned whether the US job market has slowed by just enough to get the Federal Reserve to cut interest rates to help the economy, or by so much that a downturn may be on the way. After rising to an early gain, the S&P 500 erased it and fell 0.3 per cent below the all-time high it set the day before. The Dow Jones Industrial Average dropped 220 points, or 0.5 per cent, after swinging between an early gain of nearly 150 points and a loss of 400....

Politics

13 h. ago China, Pakistan pledge stronger tech and trade cooperation amid US charm offensive

China and Pakistan have pledged to expand trade and deepen technological cooperation in areas ranging from agriculture to space exploration, at a time when Islamabad is warming to the United States. During a meeting on Thursday with Pakistani Prime Minister Shehbaz Sharif, Premier Li Qiang said Beijing would advance the second phase of the China-Pakistan Economic Corridor (CPEC), a flagship infrastructure project under the Belt and Road Initiative. “Global instability and uncertainty have grown...

Politics

14 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

14 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

14 h. ago China’s cities feed the AI monster with dedicated services for economic roar

China’s city governments are racing to stake out a role in artificial intelligence, with Wenzhou this week becoming the nation’s first to set up a dedicated bureau for AI-related matters – underscoring how local officials are ramping up efforts amid Beijing’s push to gain an edge in the AI race with the United States. Authorities in Wenzhou, located in the provincial economic powerhouse of Zhejiang, announced the bureau’s formation at a high-profile AI Innovation and Development Conference on...

Economics

15 h. ago Analysts mixed on outlook for Sun Hung Kai Properties’ shares

Analysts said they had mixed views about Sun Hung Kai Properties’ (SHKP) shares after Hong Kong’s largest property developer by market capitalisation reported a slight increase in its full-year earnings. On Friday, Morningstar cut its price target for SHKP to HK$105 from HK$115, but said the company was trading at a good discount. UOB Kay Hian and Morgan Stanley said the earnings were largely in line with expectations. The US investment bank had an overweight recommendation and expected earnings...

Politics

15 h. ago Hong Kong airport offers free tours for transit fliers to enjoy city’s sights

Hong Kong International Airport has rolled out a free tour service aimed at attracting 5.5 million transit passengers each year to explore the city’s attractions in Wong Tai Sin, Sham Shui Po and Tsim Sha Tsui. The Airport Authority’s CEO Vivian Cheung Kar-fay said on Friday that the new initiative, jointly organised with China’s largest online travel agency Trip.com, was designed for passengers with layovers of more than seven hours to explore Hong Kong’s culture and attractions. “We are...

Society

16 h. ago ‘Better than being killed’: Japan’s women turn to pepper spray – at legal risk

As dusk falls across Japan’s cities, a sense of unease falls upon many women on their journeys home. Reports of brutal femicides have struck a deep chord, fuelling a surge in the purchase of self-defence items – even as legal experts warn that arming oneself may come at a cost. The recent killing of Megumi Katayama, 24, who was stabbed multiple times by a stranger in a Kobe residential lift last month, has stoked public concern. Social media platforms buzzed with messages urging women to take...

Events

17 h. ago Hong Kong should crack down on illegal medical practices, DAB party urges

Hong Kong authorities should step up efforts against illegal medical practices, the city’s largest political party has urged, after the organisation received about 100 complaints related to non-professionals allegedly offering pain relief services. Lawmaker Chan Wing-kwong of the Democratic Alliance for the Betterment and Progress of Hong Kong (DAB) said on Friday that some of the services cost tens of thousands of Hong Kong dollars – more expensive than the treatments provided by registered...

Events

20 h. ago Rail life story? Cartoon featuring South Korea’s Yoon returns to comics festival

A controversial cartoon featuring South Korea’s disgraced former first couple Yoon Suk-yeol and Kim Keon-hee is set to be displayed in public again this month, three years after its initial showing was cut short under government pressure. Yoonsukyeolcha by Park Se-eun from Chonnam Arts High School will be included in the annual Bucheon International Comics Festival as part of a retrospective show of prize-winning works from 2021 to 2025, the Korea Manhwa Contents Agency announced on Wednesday,...

Politics

20 h. ago China’s Giant Iron Ore Trader Expands Clout Selling Vale Cargoes

China’s Giant Iron Ore Trader Expands Clout Selling Vale Cargoes  Bloomberg

Transport

21 h. ago Showtime: Money 20/20 Middle East puts fintech on its biggest stage yet

With groundbreaking collaborations and opportunities for multimillion-dollar deals, Saudi Arabia’s inaugural Money 20/20 Middle East event aims to solidify the kingdom’s status as the world’s premier gathering for anyone looking to stay ahead of the curve in the fast-moving fintech sector. Leading lights from the world of fintech and digital innovation will converge in Riyadh from September 15 to 17 for the event, which promises to set the global benchmark for the way enterprises and governments...

Economics

21 h. ago China’s Jiangsu Hengrui signs licensing deal with Braveheart Bio for heart drug

Jiangsu Hengrui Pharmaceuticals, a Chinese developer of novel drugs, could receive up to US$1.01 billion in milestone payments after granting a US company exclusive rights to develop a heart disease drug, the latest example of mainland drug makers licensing early-stage assets to international partners. Jiangsu Hengrui entered into a licensing agreement with one-year-old US start-up Braveheart Bio for its innovative drug HRS-1893 to treat obstructive hypertrophic cardiomyopathy, according to a...

Events

22 h. ago Thaksin leaves Thailand ahead of court ruling that could see him jailed

Thailand’s former prime minister Thaksin Shinawatra made a sudden and surprising departure from the country on Thursday, just five days before a court ruling that could open him up to a new prison sentence. His exit came a week after the Constitutional Court removed his daughter, Paetongtarn Shinawatra, from her position as prime minister. The court found her guilty of an ethics violation for a politically compromising phone call with Cambodian Senate president Hun Sen. Parliament was set to...

Events

24 h. ago Chinese firms still want Nvidia chips despite Beijing concerns: sources

Alibaba Group Holding, ByteDance and other Chinese tech firms remained keen on Nvidia’s artificial intelligence chips despite regulators in Beijing strongly discouraging them from such purchases, four people with knowledge of procurement discussions said. They wanted reassurance that their orders of Nvidia’s H20 model, which the US firm in July regained permission to sell in China, were being processed, and were closely monitoring Nvidia’s plans for a more powerful chip, tentatively named the...

Politics

24 h. ago Trump renaming Department of Defence the ‘Department of War’

US President Donald Trump is changing the name of the Department of Defence to the Department of War, the White House announced on Thursday, after the US leader repeatedly insisted the rebrand would project a more powerful image. Trump will sign an executive order permitting the use of the Department of War as a “secondary title” for the sprawling department, a White House document said, apparently due to its official name being set in law. That signing was expected to take place on Friday,...

Politics

25 h. ago Chinese province floats new use for digital yuan: paying long

China is mulling the application of its digital yuan – the central bank-backed currency also known as the e-CNY – to tackle persistent payment defaults, a move that would broaden the asset’s scope beyond the set of use cases explored by Beijing since the currency’s launch in 2019. Authorities in the central province of Hunan touched upon the subject when detailing plans to expand the digital currency’s application scenarios and scale, according to a document published last month. Hunan will...

Politics

27 h. ago Venture firm Lanchi doubles down on Chinese AI, robotics start

Chinese venture capital firm Lanchi Ventures is doubling down on investing in China’s artificial intelligence and robotics start-ups while raising a new fund amid increased global investor appetite for the country’s early-stage tech firms, its executives said. Lanchi Ventures, formerly known as BlueRun Ventures China, would continue to be “all in” on AI and robotics, focusing on AI applications, multimodal AI models and firms targeting overseas markets, managing partner Jui Tan said in an...

Politics

29 h. ago China's Secret AI Weapon: DeepSeek's R2 Agent Set to Disrupt OpenAI's Lead

China's Secret AI Weapon: DeepSeek's R2 Agent Set to Disrupt OpenAI's Lead  Yahoo Finance

Events