91 m. ago US blows past another deadline to field its first hypersonic missile

The army has once again missed its own deadline for fielding the first US hypersonic weapon, in a sign that one of the Pentagon’s top priorities is still running late. The unit responsible for using the advanced weapon is trained and ready, but the missile – part of a US$10.4 billion hypersonic programme – is not ready for use. And while the army as recently as last month said that it planned to field the weapon by the end of 2025, the army acknowledged this week that it missed that...

Events

2 h. ago Mainland Chinese buyers pour US$2 billion into Hong Kong super

After several subdued years, 2025 marked a turning point for demand in Hong Kong’s most prestigious housing enclaves, as mainland buyers streamed back into scarce ultra-luxury homes once prices stabilised and transaction momentum rolled into the new year. That shift was most visible in The Peak and Southern district – two low-density, ultra-wealthy neighbourhoods on opposite ends of Hong Kong Island. Mainland purchasers bought about HK$16 billion (US$2.05 billion) worth of homes in the areas in...

Economics

3 h. ago This year, Hong Kong must resolve to rewrite the script for retirement

Looking back at 2025, the city made meaningful strides in supporting its retirees. The government expanded the Elderly Health Care Voucher and Community Care Service Voucher schemes, and invested HK$2 billion (US$256.47 million) in an elderly and rehabilitation technology fund. It also announced 30 measures for the silver economy and formed the Working Group on Ageing Society Strategies to improve cross-bureau coordination. These efforts helped launch the long-awaited Q-Mark Silver Scheme,...

Politics

4 h. ago As ASEAN chair, Philippines aims for ‘effective’ South China Sea code of conduct

As ASEAN chair, Philippines aims for ‘effective’ South China Sea code of conduct  The Japan Times

Politics

5 h. ago Trump wants nations to pay US$1 billion to stay on his Board of Peace

The Trump administration is asking countries that want a permanent spot on his new Board of Peace to contribute at least US$1 billion. According to a draft charter for the proposed group seen by Bloomberg, US President Donald Trump would serve as its inaugural chairman and would decide on who is invited to be members. Decisions would be taken by a majority, with each member state present getting one vote, but all would be subject to the chairman’s approval. “Each Member State shall serve a term...

Economics

13 h. ago Uganda’s President Yoweri Museveni wins seventh term in election marred by fraud claims

Ugandan President Yoweri Museveni won his seventh term with 71.65 per cent of votes, according to official results Saturday, in an election marred by an internet shutdown and fraud claims by his youthful challenger, who rejected the outcome and called for peaceful protests. The musician-turned-politician best known as Bobi Wine took 24.72 per cent of the vote, the final results showed. Wine, whose real name is Kyagulanyi Ssentamu, has condemned what he described as an unfair electoral process...

Politics

13 h. ago Beijing slams US senators for ‘malicious’ bill targeting Hong Kong trade offices

Beijing’s foreign affairs arm in Hong Kong has “strongly condemned” a group of US senators for pushing what it calls “malicious legislation” that seeks to strip the city’s trade offices in the United States of their special privileges and potentially force their closure. A spokesman for the Commissioner’s Office of the Foreign Ministry in Hong Kong said the senators’ move exposed their “deep-rooted ideological prejudice” and “Cold War mentality”. “Any attempts to smear Hong Kong’s freedom and...

Events

13 h. ago Gold retreats as Fed chair uncertainty weighs on markets; silver tumbles on China trading curbs

Gold retreats as Fed chair uncertainty weighs on markets; silver tumbles on China trading curbs  KITCO

Politics

15 h. ago Beijing's performance arts market reports record high revenue in 2025

Beijing's performance arts market reports record high revenue in 2025  Xinhua

Politics

18 h. ago China’s AI and EV boom drives record power demand, widening energy gap with US

China’s total electricity consumption hit a record high of 10.4 trillion kilowatt-hours (kWh) in 2025, more than double that of the US, the National Energy Administration (NEA) said on Saturday. The 5 per cent jump from the previous year marked the first time in China’s history that annual electricity consumption had surpassed 10 trillion kWh – the highest in the world and more than the combined total of the European Union, Russia, India and Japan, state broadcaster CCTV said, citing NEA...

Politics

18 h. ago Murder suspect who fled to mainland China handed over to Hong Kong police

A murder suspect who fled across the border late last month after allegedly killing his girlfriend in a public housing flat has been handed over to Hong Kong police following his capture by mainland Chinese law enforcers. The Hong Kong identity card holder, 28, was wanted in the city in connection with the murder of a woman, 35, whose body was hidden in the storage compartment of a bed in his Ngau Tau Kok flat. He was arrested by Hong Kong police on Friday and is expected to be charged with...

Events

20 h. ago Xi’s Enforcers Punished Nearly a Million in 2025—and China’s Leader Wants More

Xi’s Enforcers Punished Nearly a Million in 2025—and China’s Leader Wants More  The Wall Street Journal

Politics

21 h. ago Thai ruling party courts voters by vowing to end Cambodia conflict, close scam hubs

Thailand’s ruling party, which is seeking to retain power in next month’s election, has vowed to resolve the country’s conflict with Cambodia and clean up its image as a transit hub for trafficked scam victims. The conservative Bhumjaithai Party, which took power in September, has cast itself as the most suitable defender of Thai sovereignty during the border dispute between the two Southeast Asian countries. Clashes erupted for five days last July and reignited in December before a...

Events

22 h. ago Scam and corruption cases spark debate in China over cryptocurrencies’ future

The seizure of enormous cryptocurrency caches in two high-profile criminal cases in China – a former head of the central bank’s digital currency research institute accused of corruption, and an alleged scam centre kingpin linked to about US$15 billion in bitcoin – have sparked questions in the country about the safety and future of virtual money. But analysts said the long-term trend for the assets, especially bitcoin, depended on institutional capital, interest rate expectations and the...

Politics

22 h. ago Scam, corruption cases spark Chinese debate about future of virtual money

Scam, corruption cases spark Chinese debate about future of virtual money  South China Morning Post

Politics

23 h. ago What Trump’s visa pause means for Southeast Asia and US regional priorities

The inclusion of four Southeast Asian nations in the United States’ 75-country visa suspension has thrown up questions over Washington’s foreign policy approach, including its interest in the region. Cambodia, Myanmar, Laos and Thailand are among countries affected by the indefinite suspension, set to take effect on January 21, as the Donald Trump administration continues to roll out punitive measures to drastically restrict immigration. The list, released by the US Department of State on...

Politics

24 h. ago China Consumed Twice the Electricity of the US in 2025: CCTV

China Consumed Twice the Electricity of the US in 2025: CCTV  Bloomberg.com

Politics

25 h. ago Several Hong Kong lawmakers omit unpaid directorships in Legco declarations

Several newly elected Hong Kong lawmakers have not fully disclosed their unpaid directorships and those held at subsidiaries, the Post has found, prompting calls from the legislature’s House Committee chairman for greater transparency. Andrew Yao Cho-fai and Lothair Lam Ming-fung were among the Legislative Council newcomers who did not register dozens of unpaid directorships, according to a Post check on their declarations of interest, which were cross-referenced with Companies Registry...

Politics

30 h. ago Iran’s Protest Crackdown Followed China’s Playbook. There’s a Reason for That.

Iran’s Protest Crackdown Followed China’s Playbook. There’s a Reason for That.  Kharon

Events

37 h. ago Iran cleric demands death for protesters, threatens Trump amid unrest

A hardline cleric leading Friday prayers in Iran’s capital demanded the death penalty for protesters detained in a nationwide crackdown and directly threatened US President Donald Trump, showing the rage gripping authorities in the Islamic Republic over demonstrations that have challenged their authority. Ayatollah Ahmad Khatami’s sermon, carried by Iranian state radio, sparked chants from those gathered for prayers, including: “Armed hypocrites should be put to death!” Executions, as well as...

Events