55 m. ago Can foreigners lead Indonesia’s state firms and make them world

Indonesia is opening the door for foreigners to lead state-owned enterprises (SOEs), a landmark move that President Prabowo Subianto has said will bring international expertise to the country’s corporate sector, even as critics warn about a lack of oversight and accountability. Speaking during the Forbes Global CEO Conference in Jakarta last week, Prabowo said a law on SOEs had been revised to allow non-Indonesians to assume top positions in the sector with roughly 1,000 state firms. “I’ve...

Politics

11 h. ago Why South Korea’s Gen Z are falling prey to the scam gangs of Southeast Asia

A growing number of young South Koreans are vanishing into Southeast Asia’s criminal underworld, lured by the promise of high-paying jobs – only to end up trafficked, tortured or killed. Many, fleeing a stagnant labour market at home, are being deceived by transnational crime syndicates into running online scams and illegal gambling operations. Others join willingly in search of easy money. But all eventually find themselves exploited, victims of criminal enterprises that span the lawless border...

Events

11 h. ago Apple’s M5 Vision Pro Is Made in Vietnam in Latest China Shift

Apple’s M5 Vision Pro Is Made in Vietnam in Latest China Shift  Bloomberg

Politics

20 h. ago Top analyst says China is playing a 'key role' in the price of gold going through the roof, and he's got the data to prove it

Top analyst says China is playing a 'key role' in the price of gold going through the roof, and he's got the data to prove it  Fortune

Politics

24 h. ago Chinese woman charged in Paris gold theft from Natural History Museum

A Chinese woman has been arrested and charged over the theft of gold from the Natural History Museum in Paris, in one of several recent high-profile break-ins targeting French cultural institutions, a prosecutor said on Tuesday. The theft – by what the museum’s director at the time said was an “extremely professional team” – took place on September 16, about a month before an audacious jewellery heist at the world-famous Louvre Museum on Sunday. A 24-year-old Chinese woman was arrested in...

Culture

26 h. ago Sea CEO sees path to US$1 trillion market cap with help of AI

Sea founder Forrest Li told employees a trillion dollar market capitalisation – an increase of about 10 times – is possible as the Southeast Asia e-commerce leader joins tech companies globally betting on artificial intelligence for growth. In a memo to staff Monday, seen by Bloomberg News, Li compared the rapid growth of AI to the personal computer and smartphone revolutions that expanded consumer access to products and services once available only to the wealthy. But Li said it would not be...

Economics

29 h. ago 4 smugglers arrested for bringing gold into Japan from Hong Kong in underwear

Four people have been arrested for allegedly trying to smuggle about 8kg of gold worth around 98.7 million yen (US$650,000) from Hong Kong to Japan by concealing gold powder in underwear, sources familiar with the matter revealed on Tuesday. Masamori Nishimura, 34, is believed to have orchestrated the smuggling attempt by instructing three women in their 20s and 30s to wear underwear with concealed gold powder on a flight in July last year, the sources said. The four admitted to the charges,...

Events

30 h. ago Louvre jewels may be irrecoverable as French police race against time

Crime gangs around Europe were increasingly robbing valuable jewels and gold from cash-needy museums like the Louvre, but while law enforcement often caught thieves, they struggled to recover the priceless goods, police and art experts have said. Only a small pool of criminals would be capable of such a job as Sunday’s audacious robbery in Paris and may already be known to police, the specialists said. But the objects themselves could be quickly broken down into component parts and sold on. “If...

Events

31 h. ago Hong Kong court gives ‘Mr Ho’ suspended jail sentence for insecticide attack

An elderly Hong Kong man, known on the internet as “Mr Ho” after a whirlwind romance with a much younger mainland Chinese woman, has received a suspended jail sentence for an insecticide attack on a passer-by who taunted him about controversies arising from his marriage. Tuen Mun Court on Tuesday suspended Ho Huen’s two-month jail sentence for two years after rejecting the defence’s suggestion to settle the case by imposing a fine. The court also ordered the 77-year-old retiree to pay the...

Events

32 h. ago Chinese coastguard patrols reefs controlled by Vietnam in South China Sea

The Chinese coastguard patrolled around disputed sites controlled by Vietnam in the South China Sea last week, vessel tracking information shows. Three patrol ships left a Chinese base on Mischief Reef in the Spratly Islands on Thursday and circled around a series of land features – some of which Vietnam has built facilities on – before returning to the reef on Saturday, according to Automatic Identification System data. The purpose of the patrol by the coastguard vessels – identified by the...

Politics

34 h. ago How Hong Kong pair landed in Myanmar scam farm ‘living a life worse than death’

Having lived in safe Hong Kong all her life, Nancy never imagined that an overseas job would lead to forced labour in a scam farm, a harrowing experience that lasted for half a year before she could be reunited with her family. “I was living a life worse than death, surviving purely by willpower,” said Nancy, who is in her twenties. Like thousands of others lured to Southeast Asian scam farms, Nancy was hoping to make some quick money when a “friend” referred her for a job making cross-border...

Events

37 h. ago Trump begins White House demolition to prepare for new US$250 million ballroom

Demolition crews were tearing down part of the White House’s storied East Wing on Monday to begin building US President Donald Trump’s ballroom, a project he had said would not interfere with the existing landmark. Large construction equipment was seen picking apart the facade of the building, a part of the White House complex that has housed the first lady’s offices, a theatre and a visitor’s entrance that welcomes foreign dignitaries. The ballroom project is expected to cost upwards of US$250...

Politics

37 h. ago Demolition begins at White House for Trump’s US$250 million ballroom

Demolition crews were tearing down part of the White House’s storied East Wing on Monday to begin building US President Donald Trump’s ballroom, a project he had said would not interfere with the existing landmark. Large construction equipment was seen picking apart the facade of the building, a part of the White House complex that has housed the first lady’s offices, a theatre, and a visitor’s entrance that welcomes foreign dignitaries. The ballroom project is expected to cost upwards of US$250...

Politics

39 h. ago ‘Secretive’ creature misidentified for 90 years rediscovered in Vietnam and China

‘Secretive’ creature misidentified for 90 years rediscovered in Vietnam and China  Miami Herald

Politics

42 h. ago NVIDIA CEO Says the Company "Went From 95% Market Share to 0%" in China

NVIDIA CEO Says the Company "Went From 95% Market Share to 0%" in China  80 Level

Economics

44 h. ago Hong Kong woman, 81, loses HK$5 million to romance scammer posing as PLA officer

An 81-year-old woman in Hong Kong has lost more than HK$5 million after falling victim to an elaborate online romance scam involving a fraudster who posed as a People’s Liberation Army (PLA) officer from mainland China. In a post on its CyberDefender social media page on Monday, police said the woman received a WhatsApp message from a man who claimed to be a PLA officer and invited her to visit a military camp. They quickly built an online romantic relationship through frequent affectionate...

Economics

45 h. ago Gold climbs on rate cut bets, broader uncertainty; investors eye US

Gold climbs on rate cut bets, broader uncertainty; investors eye US-China trade talks  Reuters

Economics

46 h. ago Apple CEO Tim Cook pushes AI system launch in China after iPhone Air release

Apple CEO Tim Cook is looking forward to launching the company’s artificial intelligence system in China, following the successful effort to release the iPhone Air in the vast market. Capping his six-day visit to the country last week, Cook said at an event in Shanghai on Saturday that AI was “making a difference in people’s lives” and that Apple was “working on getting [Apple Intelligence] into China right now”. No timeline was provided. Apple Intelligence – a built-in AI feature of the...

Society

48 h. ago 2025 'Study Beijing' Education Exhibition Coming Soon to Vietnam and Indonesia!

2025 'Study Beijing' Education Exhibition Coming Soon to Vietnam and Indonesia!  The Manila Times

Politics

49 h. ago Chinese loans fuel Angola’s future cities but analysts cautious over the costs

Since nearly three decades of civil war ended in 2002, Angola has been relying heavily on China – its key financier of post-war infrastructure – to help the southern African country’s government deliver on its promise of a million new homes. When the West was unwilling to finance its projects, Luanda secured loans from Chinese state banks under the so-called Angolan model, using its oil as collateral. Angola became the largest recipient of Chinese financing in Africa, attracting 270 loans worth...

Politics