Malaysia’s US$500 million warship, Philippines’ Pax Silica AI hub: 7 Asia highlights
From Bali’s bid to become a financial hub to Japan’s bind over US’ ICC campaign, here are a few highlights from SCMP’s recent Asia reporting
· SCMP
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Newest first · UTC+11:00Malaysia’s US$500 million warship, Philippines’ Pax Silica AI hub: 7 Asia highlights
From Bali’s bid to become a financial hub to Japan’s bind over US’ ICC campaign, here are a few highlights from SCMP’s recent Asia reporting
· SCMP
CNBC Daily Open: Can he Healey the British economy?
Hello, this is Leonie Kidd coming to you from London.
· Leonie Kidd
N. Korea, Russia signal deeper military alignment as top diplomats advance alliance treaty
Since 2017, I have covered South Korea’s political and economic landscape as a reporter, with a focus on foreign affairs, inter-Korean relations and security.As a foreign affairs reporter, I closely follow developments from the Ministry of Unification, the Foreign Ministry and the Defense Ministry, tracking shifts i…
· Jung Min-kyung
Korea keeps China at bay in large OLED race
Samsung Display is on course to overtake LG Display in the mid-to-large OLED market by revenue in the third quarter, taking the lead for the first time as Korean manufacturers hold onto a display segment Chinese competitors have yet to break into.
· Moon Joon-hyun
Q&A replay: What does the latest US-Iran escalation mean for the Gulf? | The National
As renewed US strikes on Iran and retaliatory attacks on Gulf states and Jordan persist, The National's panel of editors and correspondents answers your questions about the escalation and its impact on the Gulf, oil markets and global trade routes.
· Rory Reynolds
Should regulators decide how long bank chiefs stay?
Proposed six-year cap on financial holding chairs sparks debate over governance, shareholder rights
· Choi Ji-won
FSS chief pledges swift, transparent disciplinary process against MBK over Homeplus management
SEOUL, July 21 (Yonhap) -- The chief of South Korea's financial watchdog Tuesday vowed to conduct a transparent and swift disciplinary process against MBK Partners over its management of Homeplus Co., the struggling retailer wholly owned by the private equity firm.
· Kim Boram
Samsung takes on Apple with first Galaxy credit card
LONDON — Samsung Electronics is taking its rivalry with Apple into the US credit card market with the launch of its first credit card, a Galaxy-branded product issued by Barclays on the Visa network.
· Jie Ye-eun
Gateway triples new WA gold discovery strike to 2.5km
Gateway Mining may have unearthed a game-changing gold discovery at its Cowza prospect, part of the company’s Yandal gold project in Western Australia, after step-out drilling tripled the continuous high-grade strike from 800 metres to 2.5 kilometres.
· Penny Taylor
Beauty billionaires bought Toorak’s most expensive home. Then got help to buy out the neighbours
Pharma and beauty billionaires Dennis and Georgina Bastas have been quietly accumulating multimillion-dollar parcels of Toorak’s top real estate with the help of companies linked to the wealthy couple’s associates.
· Christine Lacy, Caroline Zielinski
Final frontier: Smith and ageing Test team vow to complete unfinished business away from home
Much as the 2005 Ashes defeat kept their legendary forebears together until a blazing 5-0 revenge mission two years later, Steve Smith and his ageing teammates have committed to making collective amends for fumbled trips to India and England in 2023.
· Daniel Brettig
Korea ETF pioneer issues rare warning on single-stock leveraged ETFs
Bae Jae-kyu, CEO of Korea Investment Management and widely regarded as the father of Korea's ETF market, urged investors to avoid single-stock leveraged ETFs despite his firm managing the products.
· Choi Yeon-jae
(LEAD) Lee vows diverse measures to stabilize property market
(ATTN: UPDATES with Lee's remarks on gas prices, stock market)
· Lee Haye-ah
Regulators are playing whack-a-mole with dangerous goods on huge shopping apps
July 21, 2026 — 3:51pm
· Elizabeth Knight
India's SBI Funds Management lists at 7% premium in public debut
SBI Funds Management's public offering of shares worth 98.12 billion rupees was heavily oversubscribed last week, receiving bids worth over 4 trillion rupees. © Reuters
· Staff Writer
Flagship banks $5.8M lithium sale as gold, copper focus gathers pace
Flagship Minerals has completed the sale of its wholly owned Reung Kiet (RK) lithium project in southern Thailand, confirming it has received the full US$4 million (A$5.7M) cash consideration for the transaction.
· Dough Bright
Google is building an AI fence around the internet it once championed
When Google prepared to go public in 2004, co-founder Larry Page wrote a letter to shareholders describing the internet firm’s responsibility to the world.
· Kate Conger
Takaichi's new economic blueprint for Japan: 4 things to know
Japanese Prime Minister Sanae Takaichi speaks at the House of Councillors budget committee in Tokyo on June 22. (Photo by Ken Suzuki)
· AKANE OKUTSU
Trump administration probing Harvard over possible discrimination in Chinese financial aid programs
The US Justice Department said on Monday it launched a probe reviewing whether some Harvard University financial aid programs were discriminatory, marking the latest fight against the university by US President Donald Trump's administration.
· REUTERS
US imposes new tariffs on Canadian imports over 'discrimination' of American products
US President Donald Trump unveiled 50% tariffs on a wide range of imports from Canada on Monday in response to what the US administration called its discriminatory treatment of American-made cars, alcohol and dairy goods, threatening a new front in a global trade war.
· REUTERS
German travel app Omio raises $10m from Japan-Singapore fund
Omio hopes to use Granite-Integral's expertise in the Japanese and Southeast Asia markets, where it sees further growth potential in overseas tourism. (Photo by Koji Nozawa)
· Staff Writer
Adnoc unveils $6.2 billion investment in Umm Shaif Gas Cap as it accelerates gas export strategy | The National
Adnoc is accelerating its gas growth strategy with $6.2 billion worth of investments to develop the Umm Shaif Gas Cap project in Abu Dhabi amid higher global demand for low-carbon energy.
· Fareed Rahman
Browsers outnumber buyers at Hong Kong Book Fair as sales fall
Several booksellers say shifting consumer habits and unstable weather during seven-day event dampened business
· Kate Chan
Browsers outnumber buyers at Hong Kong Book Fair as sales fall
Several booksellers say shifting consumer habits and unstable weather during seven-day event dampened business
· Kate Chan
Iran and US trade more attacks as Houthis threaten blockade
US completes 10th consecutive night of strikes as tankers are targeted in the Strait of Hormuz and Yemeni rebels threaten broader war
· Agence France-Presse
Iran and US trade more attacks as Houthis threaten blockade
US completes 10th consecutive night of strikes as tankers are targeted in the Strait of Hormuz and Yemeni rebels threaten broader war
· Agence France-Presse
Large firms’ profits jumped 81% while workforce barely grew
Employment at Korea’s leading companies stayed virtually unchanged from 2023, report says
· Yoon Min-sik
Asian shares mostly gain, as South Korea's Kospi jumps 4.7%
Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI), SK Hynix and Samsung Electronics Co. stock price at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Tuesday, July 21, 2026. (AP Photo/Ahn Young-joon)
· Chan Ho Him
Private jets find new runway in Vietnam
Vietstar provides private flights for jet setters on trips from Vietnam to Singapore for business or to Nepal for spiritual holidays. (Vietstar)
· LIEN HOANG
Golden Dragon maps 3km WA gold corridor ripe for drilling
Golden Dragon Mining has lit up a mouthwatering three-kilometre-long gold-in-soil anomaly at its Cue project in WA’s prolific Murchison goldfields, effectively stitching together four previously separate prospects into what looks to be a single, large, mineralised corridor.
· Murray Ward
Chinese warship holds live-fire drills inside Japan’s economic waters for first time
Exercise took place about 180km from Okinotori, Japan’s southernmost island, and comes as Chinese and Philippine sailors clashed in the South China Sea
· Gavin Blair
Inflation fears are back in the spotlight as the Middle East conflict keeps oil prices elevated, analysts say
Inflation fears are back on the table, amid worries over escalating tensions between the U.S. and Iran in the Middle East conflict which has kept oil prices elevated, according to analysts.
· Justina Lee
[Vantage Point] Pax Silica: America’s blueprint for the AI economy
This is AI-generated and may have errors. For context, always refer to the full article. Report issues here.
· bcalica0379
KRX activates buy-side sidecar for KOSPI on sharp rise
SEOUL, July 21 (Yonhap) -- South Korea's bourse operator on Tuesday activated a buy-side sidecar for the benchmark Korea Composite Stock Price Index (KOSPI) as the stock index sharply rose, led by tech gains.
· Park Sang-soo
China’s youth jobless rate edges down in June for third consecutive month
The jobless rate for 16- to 24-year-olds fell for the third month, though the labour market in China faces headwinds
· Emma Ma
China’s youth jobless rate edges down in June for third consecutive month
The jobless rate for 16- to 24-year-olds fell for the third month, though the labour market in China faces headwinds
· Emma Ma
Man arrested over unauthorised investments resulting in loss of HK$150 million
Source says suspect is 26-year-old investment manager at Chief Securities and had worked as trader there for about six months
· Jess Ma
Man arrested over unauthorised investments resulting in loss of HK$150 million
Source says suspect is 26-year-old investment manager at Chief Securities and had worked as trader there for about six months
· Jess Ma
BOK chief to attend Asia-Pacific central bankers' meeting in Singapore
SEOUL, July 21 (Yonhap) -- The chief of the South Korean central bank will attend a meeting of top central bankers from the East Asia and Pacific region later this week to discuss recent financial issues, the Bank of Korea (BOK) said Tuesday.
· Kim Boram
S. Korea retrieves 73 pct of bailout funds since 1997 financial crisis
SEOUL, July 21 (Yonhap) -- The government has retrieved 73 percent of the public funds used to bail out troubled financial firms since the 1997-1998 Asian financial crisis, the financial regulator said Tuesday.
· Park Sang-soo
Why Port of Aqaba matters to Gulf energy and logistics | The National
Jordan's Port of Aqaba, the kingdom's only seaport, has taken on greater strategic importance as the Strait of Hormuz remains effectively closed to tanker traffic.
· Fareed Rahman
NSW gold-antimony plant springs to life as Larvotto nears production
In a red-letter milestone for the company, Larvotto Resources has kicked off staged commissioning at its Hillgrove antimony-gold mine in New South Wales, marking the next step in a carefully sequenced restart that began underground at its nearby Metz mine.
· Doug Bright
Samsung sets up CEO-led robotics division
Samsung Electronics said Tuesday it has created a robotics business division that reports directly to its chief executive, pulling together talent and technology from across the company as it moves to turn robots into a commercial business.
· Moon Joon-hyun
Manhattan jags 20g/t gold at new undrilled Canadian prospect
Manhattan Gold Corporation has unearthed a swag of high-grade gold results from first-pass sampling at its newly acquired and never-before-drilled Vanquish prospect in Nunavut, Canada, hitting a hefty 20 grams per tonne (g/t) gold in testing.
· Murray Ward
Emirates unveils viral economy seat that promises better sleep | The National
Emirates has officially unveiled an Economy class headrest that went viral last month, confirming the adjustable design will be rolled out across much of its fleet as part of a major investment to improve passenger comfort.
· David Tusing
BOK to launch pilot program for 24-hour offshore won settlement network in Sept.
The Bank of Korea said Tuesday that it plans to launch a pilot program for a 24-hour offshore won settlement network in September as part of the country's efforts to improve foreign investors' access to the local financial market.
· Yonhap
Uber rides Baemin back into Korea's delivery race. What's at stake now?
Uber's proxy entry into delivery market may come down to membership-perks contest with Coupang Eats
· No Kyung-min
Shallow gold hits put Pacgold on fast track to SA mine restart
Pacgold has unearthed significant shallow oxide gold on the edge of the historical Vertigo open pit at its wholly owned White Dam project in South Australia, potentially putting the mine’s restart on the fast track.
· Penny Taylor
HKEX to allow confidential filings, lower market cap threshold for start-ups, sources say
HKEX is moving towards closed listings to compete with exchanges in other countries which allow for confidentiality
· Enoch Yiu