Chinese retailers rush out souvenir T-shirts hours after Trump rally shooting | South China Morning Post
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Jimmy Jim’s plan to expand in Wealth Management Connect in GBA | South China Morning Post
Jimmy Jim, the Managing Executive Officer of Industrial and Commercial Bank of China (ICBC) Asia, talked to Post reporter Enoch Yiu about how the lender will further expand its wealth businesses. The revamped Wealth Management Connect scheme has led to substantial growth in sales of the scheme. He also shared how th…
Shenzhen leads low-altitude economy with new helicopter service at railway station | South China Morning Post
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Chinese consumers are tightening their belts: What does that mean for the rest of the world? | South China Morning Post
With slower growth in China’s economy, young professionals and middle-class people across the country are tightening their belts and cutting down on spending. But what can the rest of the world expect from diminished demand in the second-biggest economy?
Citybus eyes green future with hydrogen-powered double-decker bus, but is Hong Kong ready? | South China Morning Post
Financial support from the government will be critical to grow a domestic hydrogen industry in Hong Kong, according to Citybus General Manager for Engineering Kenny So. So said he believes hydrogen buses can be a one-to-one replacement for diesel vehicles when covering the same work volume. Currently, more than two …
John Lee’s uphill battle to secure Hong Kong’s future | Talking Post with Yonden Lhatoo | South China Morning Post
Two years after taking office as Hong Kong's chief executive, John Lee has shifted his focus from enforcing national security to improving the lives of residents and rebuilding the city's economy. But he faces formidable challenges, stemming from geopolitical tensions between China and the West with Hong Kong caught…
US presidential debate: Biden and Trump spar over economy, war in Ukraine | South China Morning Post
Democratic President Joe Biden and his Republican predecessor Donald Trump have faced off in their first debate in the run-up to the 2024 US presidential election. The candidates traded barbs as they offered vastly differing views on many core issues during the televised event on the evening of June 27, 2024.
What does it mean for the world when Chinese consumers tighten their belts? | South China Morning Post
With slower growth in China’s economy, young professionals and middle-class people around the country are tightening their belts and cutting down on spending. Many young people say the change is related to the national response to economic challenges. The shift has prompted many foreign governments to raise concerns…
HKEX Chief Executive Bonnie Chan on building a vibrant market in Hong Kong | South China Morning Post
Celebrating 100 days since she took over as chief executive officer of Hong Kong Exchanges and Clearing Limited (HKEX), Bonnie Chan spoke with the Post about her strategies for building resilience in the city’s stock market.
Nigerian food bank directs surplus and unsellable goods to the vulnerable
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· Timothy Obiezu
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Chinese-made electric vehicles face additional EU import tariffs of up to 38% | South China Morning Post
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Fire at Thailand’s Chatuchak Weekend Market kills hundreds of puppies and other animals | South China Morning Post
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Chinese C919 jet hopes to challenge Boeing, Airbus for Asian commercial market
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· Ahadian Utama
Rural Japan Costco brings steady income to inflation-hit pockets | South China Morning Post
The Japanese mayor of the rural town of Meiwa has welcomed the benefits a newly opened Costco has brought to the local economy. The US big-box discounter has been offering higher pay than the prefecture’s minimum wage, and has attracted over 10,000 visitors to the area daily. But small businesses have been strugglin…
Kowloon Walled City: tales from Hong Kong’s ‘City of Darkness’ | South China Morning Post
The Kowloon Walled City in Hong Kong was once considered the densest settlement in the world. The sprawling neighbourhood was often characterised as a lawless enclave with poor living conditions, criminal activity and a thriving black market, trading anything from pirated goods to drugs and sex. It was demolished in…
AI developments are already impacting the job market
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· Maxim Adams
Chairman Steven Chou discusses Sahm Capital’s future in Saudi Arabia | South China Morning Post
During the first international event for Tadawul Group’s flagship capital markets forum, Hong Kong’s HKEX Connect Hall became a hall of fruitful discussion on May 9, 2024. The Post spoke to Sahm Capital’s chairman Steven Chou on the company’s foray into the Saudi market.
Young women drive demand for whisky in China, as distributors seek to revitalise liquor’s image | South China Morning Post
Whisky is gaining popularity in China, thanks to the droves of young women flocking to whisky bars in cities like Shanghai. The trend contrasts its traditional consumer demographic of older, Western men. Distributors are seeking to rebrand the liquor’s image as it seeks to compete in the Chinese market, currently do…
Sonia Cheng speaks about family legacy, brand tradition and first-ever transformation | South China Morning Post
As Chow Tai Fook Jewellery Group marks its 95th anniversary, the Post spoke with company vice-chairman Sonia Cheng about the Hong Kong brand’s first-ever business transformation. Cheng, who is also the executive director of New World Development, offered a look at the firm’s latest jewellery collection as she discus…
US presidential contenders differ on who’s better for economy
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· Carolyn Presutti
Chinese-linked e-commerce companies shake up market
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· Evie Steele
Why the EU, US are concerned about China’s overcapacity | South China Morning Post
The European Union and the United States claim that China is flooding global markets with cheap goods. China says these assertions are groundless. Post Europe correspondent Finbarr Bermingham breaks down the arguments for and against overcapacity, and looks at whether the EU and China are heading towards a trade war…
Woman arrested for rolling body of dead man into bank in Brazil and requesting a loan in his name | South China Morning Post
A woman in Brazil has been accused of bringing the body of a man who had recently died into a bank and then claiming he was her living uncle who needed to take out a loan. Employees at the bank in Rio de Janeiro grew suspicious during the April 16, 2024, incident and called police, who arrested Erika de Sousa Vieira…
Angolan fishermen blame Chinese trawlers for declining fish stock
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· Joao Marcos
Tourism trouble: post-pandemic hurdles of China travel | South China Morning Post
Domestic tourism in China is steadily recovering, but what about inbound tourism? Post senior correspondent Ralph Jennings has a look at who is visiting China and who is not and explores the various hurdles foreigners face when travelling to China. For more on China travel: https://sc.mp/facef8
US Treasury chief Janet Yellen leaves China after ‘difficult conversations’, overcapacity gripes | South China Morning Post
US Treasury Secretary Janet Yellen ended her China tour with a stark warning against Beijing’s overproduction and flooding of the American market with underpriced items. Her remarks were directed at the Chinese electric vehicle (EV) and green energy modules industry. The same concerns have been expressed in Europe, …
HSBC Asia-Pacific co-CEO Surendra Rosha on Global Investment Summit and digital currencies | South China Morning Post
Post business reporter Mia Castagnone speaks with HSBC Asia-Pacific co-chief executive officer Surendra Rosha in this exclusive interview ahead of the Global Investment Summit. The inaugural event on April 8 to 10, 2024, is expected to welcome Oscar-winning film star Michelle Yeoh as well as other guests. Rosha also…
Unravelling China’s role in the US fentanyl crisis | South China Morning Post
For decades, the US has been grappling with a devastating opioid crisis, with nearly a million drug overdose deaths since 1999. Opioid addiction was initially fuelled by pharmaceutical companies aggressively promoting prescription painkillers. But the arrival of fentanyl on the black market exacerbated the problem, …
VOA60 Africa - Nigeria wants to try cryptocurrency exchange Binance executives for financial crimes
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· VOA
‘It feels like yesterday’: rising K-pop boy group Xikers on being newcomers in a saturated market | South China Morning Post
K-pop fans gathered for the world’s largest Korean cultural convention Kcon starting March 30, 2024, to see artists like Aespa, BoyNextDoor and emerging stars Xikers, a 10-member group that debuted one year ago. The Post sat down with the newcomer boy band, managed by KQ Entertainment, to learn more about their firs…
Japanese monetary authorities mull intervention options after yen drops to 34-year low | South China Morning Post
Japan's three main monetary authorities held an emergency meeting on March 27, 2024, to discuss market intervention options after the yen fell to a 34-year low against the US dollar. The drop was the yen's lowest since the middle of 1990, when Japan's asset bubble burst followed by decades of economic stagnation.
Art Basel Hong Kong 2024 opens as city boosts mega-events to draw visitors | South China Morning Post
Art Basel Hong Kong is returning for its 2024 edition with contributions from 242 of the world’s leading galleries. The March 28-30, 2024, show is being supported by a grant from the city’s Mega Arts and Cultural Events Fund for the second year in a row. It is billed as the flagship event for “Art March”, a series o…
Young feminist defies Chinese government’s childbearing drive as population shrinks | South China Morning Post
A growing number of educated women in China are choosing singlehood as the country grapples with record youth unemployment rate amid a stuttering economy. These women envision a future without husbands and children, posing a challenge to China’s ageing population.
Despite Sanctions, Russia’s Economy Continues to Grow
No media source currently available
· Liliya Anisimova
How a Beijing day labourer found new work as an online influencer | South China Morning Post
As China’s annual “two sessions” gathering of political elite and lawmakers came to an end on March 11, 2024, the government faced an uphill battle to stimulate the economy. One place to see the impact of the economic challenges is on the outskirts of the capital Beijing, in the Majuqiao neighbourhood where working-…
‘Overtaking on a bend’: how China’s EV industry charged ahead to dominate the global market | South China Morning Post
Latest on China's EV industry: https://sc.mp/wbx67
From War to the Economy, Big Issues to Dominate Biden’s Election-Year State of the Union Speech
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· Anita Powell
Chinese Premier Li Qiang delivers his first work report amid concerns about state of the economy | South China Morning Post
Chinese Premier Li Qiang delivered his first government work report at the annual National People’s Congress (NPC) on March 5, 2024. Li set out the central government’s development goals for 2024, including GDP growth by “around 5 per cent”, the creation of more than 12 million urban jobs, keeping the urban unemploy…
Tourist couple allege gang rape in India, sparking outrage and compensation offer | South China Morning Post
Police in India have detained three men accused of attacking two Spanish citizens and gang-raping the woman. The couple were on a motorbike trip through India’s remote east and camped overnight in a tent when the alleged attack took place on March 1, 2024. The woman, a travel blogger who was being treated at a hospi…
Hongkongers react after 2024-25 budget scraps measures to cool property market | South China Morning Post
Hong Kong’s finance chief Paul Chan Mo-po has announced the city will remove restrictions that had been put in place to cool the city’s property market. Paul Chan Mo-po unveiled the move while unveiling his budget blueprint for the coming financial year on Wednesday, February 28, 2024. The Post spoke with Hong Kong …
Ukraine's War-Battered Economy Shows Signs of Recovery
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· Myroslava Gongadze
Power bank explodes on plane, forcing emergency landing | South China Morning Post
A flight going from Boracay island in the Philippines to Shanghai made an emergency landing in Hong Kong after a passenger’s power bank exploded while an iPad was being charged.
Why are Chinese mothers going to Japan to freeze eggs as birth rates decline? | South China Morning Post
Chinese-born Zhong Lei is among thousands of women who have frozen their eggs as a means of prolonging their fertility. Opting for treatment in Japan because of the nation’s advanced techniques, Zong said she found the process straightforward and helpful. In response to a declining birth rate, Japan introduced a sub…
Palestinians Say West Bank Settler Attacks on Rise Since October 7
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· Linda Gradstein
Not Enough Chargers in Top EV Market California, Drivers Say
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· Angelina Bagdasaryan