More than 80 per cent of owners of the fire-ravaged housing estate, Wang Fuk Court, have accepted the Hong Kong government’s buy-back offer, a day before the deadline for them to secure priority flat selection under a special sales plan. The Housing Bureau said in a statement on Monday that it had received a total…
Central Asia is trapped in an energy paradox. The region’s governments are banking big on the future — specifically, artificial intelligence and critical minerals mining. The problem? These industries demand huge amounts of energy. And right now, Central Asia is running out of it. Decades of under-investment, amid a booming population, mean the region’s aging…
The United States is reviewing its military presence in West Asia after Iranian missile and drone strikes caused far greater damage than previously revealed at more than 20 American sites, including the US Navy’s base in Bahrain, according to a report. This satellite image from Planet Labs PBC shows damage after Iranian attacks on the…
I spent nearly two decades covering the biotech and pharma sector, first in Washington, D.C., and then in Beijing. My first story, published in 2007, covered the U.S. Food and Drug Administration’s decision to open its inaugural overseas office in China, a fast-emerging market I later covered for 12 years. In that time, I saw…
Trade tensions between the EU and China are deepening. On June 16, the EU’s trade chief, Maroš Šefčovič, said the bloc’s unbalanced trade relationship with China “had reached a point that requires a reset”. The German chancellor, Friedrich Merz, then criticised Beijing days later for what he claimed were its unfair trade practices. In comments…
Wego, the number 1 travel app and the largest online travel marketplace in the Middle East and North Africa (MENA), has announced a strategic partnership with the Hong Kong Tourism Board (HKTB) to strengthen Hong Kong’s visibility among MENA travelers and inspire year-round visitation through a destination campaign showcasing the city’s diverse seasonal experiences. As…
Part of the charm of following a World Cup is staying up, or getting up, at ungodly hours to watch a match you would never normally consider. Readers of a certain age may remember the Republic of Ireland against Cameroon at 6:30am in 2002, or England playing Italy at 11pm in 2014 and Japan versus…
Hong Kong police have arrested 78 people in a citywide crackdown on online shopping fraud, solving 165 cases involving more than HK$5 million (US$637,565) in losses, including one victim who was cheated out of HK$1.2 million while seeking cheaper medicine. Officers arrested 59 men and 19 women aged between 15 and 73 during the operation…
LA GUAIRA, Venezuela (AP) — A strong aftershock jolted Venezuela early Monday following last week’s devastating back-to-back earthquakes, as civilians and emergency responders kept combing through the ruins of fallen buildings for survivors. The aftershock, which struck about 27 kilometers (17 miles) north of Caraballeda on Venezuela’s Caribbean coast at 7:01 a.m. local time, measured…
The superconducting magnet for the China Fusion Engineering Test Reactor (CRAFT), which supports the Experimental Advanced Superconducting Tokamak (EAST), known as the “artificial sun,” recently passed development acceptance and full-parameter testing. The CRAFT project aims to recreate the nuclear fusion process that powers the sun by generating plasma at temperatures exceeding 100 million degrees Celsius…