Saudi Arabia, Qatar and UAE project ‘convening power’ as global conflict mediators
The international community is increasingly turning to the Gulf monarchies to mediate conflicts as trusted go-betweens, analysts say.
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Huawei teases HarmonyOS Next smartphone with ‘new form factor’ as related stocks jump
Tencent, ByteDance, Alibaba and Meituan are all optimising their apps for the coming device, according to Huawei executive Richard Yu.
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China strives to end vicious price wars plaguing several industries
Beijing has convened a meeting with representatives from leading solar, auto and tech companies to explore potential solutions.
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Why the US should stop trying to target Chinese tech
In an interconnected world where innovation will find a way through, US measures to curb Chinese tech are not working as intended.
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Budget 2025: Hong Kong to bolster role in wealth, listings, digital assets, yuan
‘We are pressing ahead with high-quality development of Hong Kong’s international financial market,’ financial secretary says.
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CICC to merge with Galaxy Securities to form China’s third-largest brokerage, sources say
A combination of CICC and Galaxy has secured backing from Chinese authorities in recent weeks and could be announced in the coming weeks, sources said.
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Southwest airliner narrowly avoids colliding with business jet at Chicago airport
Video shared on social media showed the Southwest Boeing 737 abort its landing moments from touching down.
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Chinese scientists build world’s first jet fuel-powered engine for Mach 16 flight
As the need for speed grows, researchers have developed an engine that uses standard aviation kerosene to travel up to 20,000km/h.
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China must reduce steelmaking capacity by 15% over next 5 years to meet green targets
China coal-based blast furnace (BF) capacity must fall by at least 200 million tonnes per annum (Mtpa) by 2025, said the Centre for Research on Energy and Clean Air.
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Malaysia steps up removal of porn posts, urges tech firms to do their part
The move comes as critics remain concerned about the controversial Online Safety Bill and its impact on freedom of expression.
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Hong Kong to raise airport departure tax by 67% to HK$200 later in 2025
Finance chief Paul Chan says move will increase revenues by HK$1.6 billion per year, adding impact on air passengers will be minimal.
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2 subsidiaries of debt-ridden Hong Kong contractor Paul Y sued for HK$9.5 million
Mankey Construction filed lawsuits against firms after their parent company proceeded with liquidation proceedings.
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Premier Li makes house call to state telecoms as Beijing dials in on innovation
Message to nation’s state-owned service providers underpins China’s bid to achieve ‘high-level technological self-reliance’.
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Will the ‘Dark Indonesia’ protests against Prabowo’s austerity cuts escalate further?
Analysts say the student-led protests could grow if economic conditions in the country deteriorate.
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China’s missile breakthrough, Unitree’s Wang Xingxing: 7 science highlights
From a breakthrough that could impact modern warfare to a new bat coronavirus, here are a few highlights from SCMP’s recent science reporting.
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‘Too little too late’: Hong Kong’s land sale halt may do little to ease office supply glut
The current oversupply – expected to reach 3 million square feet (278,710 square metres) in the coming months – would take between seven and 10 years to digest.
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Cuts will help to counter China ‘threat’, US deputy defence pick tells Senate
Billionaire investor Stephen Feinberg aims to foster private sector competition to fix ‘shortages’ in cutting-edge technologies.
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China could lose 35% of its cropland by 2100, scientists warn
Researchers say even if countries meet Paris Agreement targets on climate change, key agricultural areas could become wetlands or forests.
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South Korea’s birth rate rises for first time in nearly a decade as marriages surge
While South Korea’s fertility rate remained the world’s lowest, the increase marked the first year-on-year pickup since 2015.
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US consumer confidence sees biggest drop in years amid uncertainty over Trump policies
Inflation and the effect of tariffs and a cooling labour market are among the concerns weighing on households and companies.
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