6 h. ago Texas law curbing Chinese property rights takes effect, no relief in sight for months

A Texas law restricting property ownership and leasing by Chinese citizens came into effect this week, thrusting affected residents into legal limbo with no path to relief before November. The law, which restricts real estate purchases by companies, individuals and government entities linked to countries that the federal government deems a threat to the US, took effect on September 1 after a legal challenge failed to block it in time. The legislation identifies China, Iran, North Korea and...

Society

6 h. ago NASA’s acting chief “angry” about talk that China will beat US back to the Moon

NASA’s acting chief “angry” about talk that China will beat US back to the Moon  Ars Technica

Technology

7 h. ago Google hit with US$3.45 billion EU antitrust fine over adtech practices

Alphabet’s Google was hit with a €2.95 billion (US$3.45 billion) EU antitrust fine on Friday for anticompetitive practices in its lucrative adtech business, marking its fourth penalty in its decade-long fight with EU competition regulators. The move by the European Commission was triggered by a complaint from the European Publishers Council and comes amid a threat by US President Donald Trump to retaliate against the European Union for any push against Big Tech. The EU competition enforcer had...

Economics

8 h. ago Singapore must be Asia’s gateway, uphold social mobility at home: president

Singapore must remain a reliable base and a gateway to Asia’s dynamism in an increasingly divided world, while addressing social mobility and cohesion at home, President Tharman Shanmugaratnam said on Friday. Tharman, a former cabinet minister, was speaking at the opening of the 15th parliament in Singapore, during which the city state’s president addresses MPs on key issues in the fresh five-year term. He noted that the new parliament was opening amid a more fragmented world where economic...

Politics

9 h. ago Why China and Russia are unlikely to move the Power of Siberia

Why China and Russia are unlikely to move the Power of Siberia-2 pipeline forward  Atlantic Council

Politics

9 h. ago Wall Street climbs to new highs on hopes of interest rate cuts

US stocks are rising to more records on expectations that the Federal Reserve will have to cut interest rates soon to help the economy. The S&P 500 climbed 0.4 per cent on Friday. The Dow Jones Industrial Average added 93 points, and the Nasdaq composite gained 0.7 per cent. The action was much stronger in the bond market, where Treasury yields tumbled following the latest weaker-than-expected update on the US job market. That raised expectations for a cut to rates by the Fed later this month....

Politics

14 h. ago Thai parliament elects Anutin as new PM, ending political stalemate

Anutin Charnvirakul, a prominent construction tycoon and political conservative, has been chosen as Thailand’s next prime minister, capping a week of extraordinary political upheaval that saw the removal of his predecessor and the sudden flight of divisive billionaire Thaksin Shinawatra. Anutin, 58, secured a clear majority in Friday’s parliamentary vote, surpassing the 247-vote threshold required for victory in the lower house. His triumph was bolstered by the unexpected support of the...

Politics

14 h. ago I grew up in my family’s Chinese restaurant in Charlotte. Here’s where I actually eat.

I grew up in my family’s Chinese restaurant in Charlotte. Here’s where I actually eat.  Charlotte Observer

Society

15 h. ago Trump Urges Europe to Cut Russian Oil, Press China in Bid to End Kremlin War

Trump Urges Europe to Cut Russian Oil, Press China in Bid to End Kremlin War  UNITED24 Media

Politics

15 h. ago Hong Kong activist wins appeal against riot conviction after trial judge’s error

A former Hong Kong political activist has won an appeal against his riot conviction due to the trial judge’s error in allowing prosecutors to substantially alter their allegations midway through proceedings. The Court of Appeal on Friday ordered the dismissal of Alvin Cheng Kam-mun’s conviction over his alleged role in the violence at Polytechnic University at the height of the 2019 anti-government protests. Cheng, who now runs a logistics company, was an assistant to former opposition lawmaker...

Events

16 h. ago Hong Kong IPO pipeline swells as Chinese tech listings lure global investors

More than 200 companies are awaiting approval for initial public offerings (IPOs) in Hong Kong, with about half coming from the technology sector, according to Hong Kong Exchanges and Clearing (HKEX) CEO Bonnie Chan Yiting. “Recently, many international long-term investors have actively participated in the IPO subscriptions of technology and innovation companies, reflecting strong global interest in China’s tech sector,” she said at HKEX’s Future Tech Summit on Friday. In the first eight months...

Economics

16 h. ago ByteDance moves chip staff to Singapore unit in internal rejig

ByteDance has transferred its semiconductor team, comprising about 1,000 employees, to an existing Singapore-incorporated subsidiary, Picoheart (SG) – a change that was reflected in the internal directory – according to the company and staff. The Beijing-based company notified affected employees last week about the transition and moved their internal messaging accounts on the enterprise collaboration tool Feishu – known internationally as Lark – to a separate entity this week, said a source who...

Politics

17 h. ago Ukraine’s drone pilots are ‘killing for points’ as war becomes gamified

Rubik, a Ukrainian military drone pilot, had tracked the every move of one particular Russian soldier for weeks, with the promise of earning at least six points for killing him. In a war increasingly dominated by drones, Ukraine’s military has launched a new score-based purchasing system for units to replenish their stocks, and Rubik - his military nickname - was looking to help his brigade cash in. On the “Brave1” platform launched by Ukraine’s digital transformation ministry, new drones for...

Events

19 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

19 h. ago Thaksin flies to Dubai after missing Singapore airport landing deadline

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. Thaksin told Thai immigration authorities at Bangkok’s Don Mueang Airport that his private jet was headed for Singapore. A police statement confirmed his plane was allowed to take off shortly after 7pm because he had no arrest warrant or court order preventing him from leaving the...

Events

19 h. ago Thailand’s Thaksin flies to Dubai after missing Singapore landing deadline

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. Thaksin told Thai immigration authorities at Bangkok’s Don Mueang Airport that his private jet was headed for Singapore. A police statement confirmed his plane was allowed to take off shortly after 7pm because he had no arrest warrant or court order preventing him from leaving the...

Events

21 h. ago Refund calls mount over Hong Kong festival’s suspension of hot

The organiser of a hot-air balloon festival in Hong Kong is facing mounting calls for refunds from affected participants and the consumer watchdog after failing to secure a licence for tethered rides and suspending the activity on Thursday. Staff from the AIA International Hot Air Balloon Fest Hong Kong were also forced to deflate all its balloons on display at the Central Harbourfront on Friday morning, with a broadcast announcement citing hot weather as the reason. The balloons were...

Politics

21 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

22 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

25 h. ago China’s stablecoin bind: why US dollar tokens matter – and how Beijing may respond

Once a niche corner of the cryptocurrency world, stablecoins have surged into the global spotlight this year, prompting analysts and industry insiders to declare that the digital asset’s time has come. In July, US President Donald Trump signed the GENIUS Act into law, establishing the first federal regulatory regime for stablecoins – a move many believe could pave the way for mass-market adoption. Shortly after, Hong Kong introduced its own ordinance, which took effect on August 1, requiring...

Politics