9 h. ago Trump hits Denmark and other Nato allies with tariffs to force Greenland sale

US President Donald Trump said on Saturday that he would charge a 10 per cent import tax starting in February on goods from eight European nations, all Nato members, because of opposition to US control of Greenland. He said in a social media post that Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland would face the tariff, which would be raised to 25 per cent on June 1 if a deal was not in place for “the Complete and Total purchase of Greenland” by the...

Politics

9 h. ago Trump hits Denmark and 7 other Nato allies with tariffs to force Greenland sale

US President Donald Trump said on Saturday that he would charge a 10 per cent import tax starting in February on goods from eight European nations, all Nato members, because of opposition to US control of Greenland. He said in a social media post that Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland would face the tariff, which would be raised to 25 per cent on June 1 if a deal was not in place for “the Complete and Total purchase of Greenland” by the...

Politics

9 h. ago Trump hits Denmark and 7 other Nato allies with tariffs for opposing US on Greenland

Opening a new front in his worldwide tariff onslaught, US President Donald Trump said on Saturday he would impose a 10 per cent import tax on the United Kingdom and six European countries for opposing his plan to purchase Greenland and that the rate would more than double if they did not let him acquire the Danish territory. His announcement on social media two weeks to the day after he abducted Venezuela’s president from Caracas marks the latest chapter in a tumultuous start to 2026, even by...

Politics

10 h. ago Indonesian plane with 11 people missing, search and rescue under way

A regional passenger aircraft carrying 11 people lost contact with ground control on Saturday while approaching a mountainous region between Indonesia’s main island of Java and Sulawesi island, officials said. A search and rescue operation is under way. The turboprop ATR 42-500 operated by Indonesia Air Transport was on the way from Yogyakarta to the capital city of South Sulawesi when it vanished from radar, said Endah Purnama Sari, a spokesperson for the transportation ministry. The plane was...

Events

14 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

14 h. ago As Trump urges cap on credit card rates, could China follow suit for online loans?

US President Donald Trump’s call for American credit card interest rates to be capped at 10 per cent for a year has sparked a debate in China about whether Beijing should impose a similar limit on online loans. The discussion comes as many in China – especially younger people – are being enticed by credit offers amid a weak job market and a boom in online loan services. “Apps now keep luring young people into borrowing,” a finance blogger with nearly 500,000 followers wrote in a social media...

Politics

15 h. ago China hit by dual launch failures as Long March 3B and Ceres

China hit by dual launch failures as Long March 3B and Ceres-2 debut mission fail  SpaceNews

Events

15 h. ago ‘Love yourself’ – young China’s new wellness mantra to cope with the rat race

For 26-year-old Tianjin office worker Celine Wang, it is an extra cup of milk tea. “One for me and the other for lao ji,” she said, placing the double order on a workday afternoon in January. “After going through all the difficulties from trying to be the best performer at school to surviving at my workplace, I feel tired. “I’ve decided to treat myself well ai ni lao ji,” she said, using a buzzword that took off in the gaming world and has become a mantra for personal wellness in China. The...

Politics

17 h. ago DiDi Global: China Mobility Remains Strong, But We See A Valuation Disconnect (DIDIY)

DiDi Global: China Mobility Remains Strong, But We See A Valuation Disconnect (DIDIY)  Seeking Alpha

Politics

22 h. ago BTS’ comeback concert sees South Korean city’s hotel prices soar by up to 10 times

BTS’ long-awaited full-group comeback concert in Busan is still months away, but hotel prices in the South Korean southeastern port city have already hit exorbitant levels, rekindling anger over “rip-off” room rates whenever mega-events come to town. Some properties have reportedly hiked prices by up to 10 times and even asked guests with existing bookings to cancel so they could resell at higher prices. The K-pop group is returning as a full act for the first time since all members completed...

Politics

23 h. ago Fighting back: Beijing builds its own ‘small yard, high fence’ to shut out US tech

“Small yard, high fence” was how Jake Sullivan, national security adviser under President Joe Biden, described US tech policy towards China. The approach, designed to fence off sensitive US technologies from China, was most commonly associated with export controls that, among others, restricted Chinese firms’ access to Nvidia’s advanced chips, the critical inputs for developing cutting-edge artificial intelligence systems. Beijing is now fighting back by taking a leaf out of that playbook. For...

Politics

24 h. ago Unaware of owner’s death, loyal China dog waits daily in corridor for his return, moving many

A pet dog in China has been waiting outside his owner’s home for weeks, unaware of his passing. Refusing to eat or drink, the loyal canine has captured the hearts of countless social media users. This touching story, centred around the dog nicknamed Ah Wang, has drawn comparisons to the 2009 film Hachi: A Dog’s Tale, inspired by a true story from Japan in the 1920s. In the film, the dog Hachi waits every day for its owner at a railway station for 10 years following his death, until the day it...

Events

24 h. ago Unaware of owner’s death, China dog waits daily in corridor for his return, moves many

Unaware of owner’s death, China dog waits daily in corridor for his return, moves many  South China Morning Post

Events

30 h. ago IMAX Hits Record In China As Moviegoing Morphs Into Social Event

IMAX Hits Record In China As Moviegoing Morphs Into Social Event  Forbes

Events

36 h. ago Have US tariffs failed to bite? China’s trade surplus hits a record US$1.2 trillion

Have US tariffs failed to bite? China’s trade surplus hits a record US$1.2 trillion  Yahoo Finance UK

Events

36 h. ago China dumps more US debt, buys other assets as Trump targets Powell

China trimmed its holdings of US Treasuries in November to the lowest level since 2008, diverging from a global trend that saw total foreign ownership of the debt instruments hit a record high. Analysts say the prospect of a politicised Federal Reserve chairmanship under Donald Trump’s presidency has deepened Beijing’s concerns over its exposure to American debt, with more cuts expected. Beijing’s stockpile fell to US$682.6 billion in November, down from US$688.7 billion in October, according to...

Politics

38 h. ago China advances plans for dual solar system boundary missions

China advances plans for dual solar system boundary missions  SpaceNews

Events

38 h. ago TSMC buys up land in Arizona as Taiwan pledges US$500 billion US tech investment

Taiwan has committed to driving hundreds of billions of dollars of extra investment into America’s chip industry as part of a US trade deal announced on Thursday, with the island’s biggest semiconductor producer already moving to buy more land in the US state of Arizona. Taiwan Semiconductor Manufacturing Company (TSMC) – the world’s largest contract chipmaker – confirmed on Thursday that it had bought a second tract of land in Arizona. The 365-hectare (901-acre) plot nearly doubles the...

Economics

39 h. ago Trump pick for South America command sidesteps China questions at Senate hearing

Days after the operation that abducted then Venezuelan leader Nicolas Maduro, President Donald Trump’s nominee to command US forces in Latin America dodged pressure from senators to endorse a military-first plan to counter China’s growing influence in the region. Lieutenant General Francis Donovan, who is nominated to lead US Southern Command (Southcom), repeatedly declined to say whether Washington should rely mainly on force projection to push back against Beijing’s expanding footprint. The...

Politics

40 h. ago Canada, China hit reset button on relations with tariff agreement

China and Canada have agreed to remove the triple-digit tariffs imposed on each other’s imports – a major thaw in relations after years of icy diplomatic and trade ties – as Canadian Prime Minister Mark Carney wrapped up his state visit in Beijing. Canada will remove the additional 100 per cent in tariffs it had levied on Chinese electric vehicle (EV) imports – imposed in 2024 following a similar move from the United States – while China will lower its tariffs on Canadian canola, Carney said on...

Events