The US Navy aims to field a relatively low-cost hypersonic missile on its carrier-based fighters, a weapon that could pose a new challenge to the air defences protecting Chinese warships and coastal military installations, experts said. California-based defence company Castelion’s Blackbeard is desi...
Weeks of high-wire negotiations between China and the EU culminated in a surprise trade deal that will, among other measures, impose strict quotas on Chinese hybrid car exports to the bloc and slash Chinese tariffs on a variety of European goods. The deal, unveiled on Friday, takes some of the heat ...
Hong Kong will step up health surveillance measures for arrivals after a laboratory worker at an anti-plague research institute in Russia died from pneumonia, but authorities have stressed the risk to residents remains low. According to World Health Organization (WHO) information provided by Russian...
An investment surge into artificial intelligence may be helping prop up a global economy battered by energy supply shocks, but the technology’s potential to cull jobs requires swift mitigation if Asia’s youth are to secure a place in the future workforce, delegates were warned at the IMF–World Bank ...
Hong Kong Exchanges and Clearing (HKEX) is planning further measures to boost market liquidity, attract more international investors and expand the use of China’s currency, including through yuan-denominated gold futures and stock trading, according to a blog post by its CEO on Monday. The plans com...
Jury selection took place on Monday for the trial of British actor and comedian Russell Brand over alleged historical crimes including rape and other sexual offences. Brand, 51, once one of Britain’s most high-profile broadcasters and former husband of US singer Katy Perry, faces three counts of ...
Global diesel prices remain near record highs as Gulf producers struggle to restore refined-fuel exports, despite a recovery in crude shipments and pledges by more countries to release reserves. Net diesel exports from Gulf countries averaged 390,000 barrels per day in August, just over a quarter of...
About 9 per cent of stroke and heart failure cases may be prevented in Hong Kong over the next decade through a government co-care scheme, according to a university projection. Launched in 2023, the Chronic Disease Co-care Scheme has enrolled over 200,000 residents as of January. Originally a pilot ...
Weeks of high-wire negotiations between China and the EU culminated in a surprise trade deal that will, among other measures, impose strict quotas on Chinese hybrid car exports to the bloc and slash Chinese tariffs on a variety of European goods. The deal, unveiled on Friday, takes some of the heat ...
Taiwan’s defence ministry plans to allow military pilots to serve until the age of 58 as it grapples with the prospect of “having fighter jets but no pilots”. The proposed retention scheme comes as the island’s air force prepares to form operational squadrons around 66 new F-16V Block 70 fighters or...
Shenzhen Transsion Holdings drew a lukewarm response for its HK$3.36 billion (US$428 million) Hong Kong share offering, heightening worries over market sentiment for new listings in the fourth quarter. The maker of Africa’s bestselling phones closed its bookbuilding on Monday, with preliminary figur...
Robert Hall and Michael Woodford have won the 2026 Nobel economics prize “for microeconomic foundations of macroeconomic stabilisation”, the Royal Swedish Academy of Sciences said on Monday. Hall is affiliated with Stanford University in California, and Woodford with Columbia University in New Y...