LONDON (Reuters) -China announced additional tariffs of 34% on U.S. goods on Friday, upping the ante in a global trade war after President Donald Trump’s sweeping tariffs this week. Growing fears of a recession roiled global stocks for a second day on Friday. Banking stocks cratered as investors fretted about growth and priced in far…
Chinese President Xi Jinping recently commemorated the 120th birth anniversary of Chen Yun, one of the foundational economic planners of the Communist Party of China. Amid the commemoration’s celebratory tone, Xi’s speech signals a rhetorical shift. The references to communist conviction so prominent in the 2015 address delivered for Chen’s 110th birthday were relatively sparse…
We have selected seven stories from the SCMP’s coverage over the past week that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Chinese scientists build world’s first 6G-powered electronic warfare system Chinese researchers have developed a revolutionary electronic warfare…
To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Sanjay’s 13-year-old daughter had just stood up to make food when the living room ceiling crashed down where she had been sitting. It was the third ceiling collapse in their east London flat – and it nearly…
The Royal Ascot, London’s summer horse racing events, have always been about the fashion. Women’s Wear Daily (WWD) has been along for the ride, capturing the strict dress code since 1910 with coverage in its “They Are Wearing” column throughout the decades. From the archive, here is a look back at the fashion—especially those whimsical…
The summer social season in London peaks with the Royal Ascot, the premier horse racing event, spanning one week in June. The event brings together royals, friends and admirers to not only bet on horses but for a celebration of British sartorial splendor under a strict dress code. The Ascot, established in 1711 by Queen…
Martine Rose moved to more elegant surroundings this season, with a set design resembling a haute couture salon decorated with wooden chairs and white curtains with ruffles that covered the walls and columns inside the St. Marylebone Jobcentre in London. “I really wanted the models to enjoy posing and to have fun and for it…
MAKERS of a supersonic plane have revealed there are more than 600 global routes where Concorde-style speedy flights could slash flying times by as much as half. And a 3.5 hour trip between the UK and US is “absolutely” possible, the company told The Sun. 2 2 The “Son of Concorde” reached supersonic speeds in…
Indian student Prajwal who was deported to India on accusation of sending and demanding sexual messages to local minor girls An Indian student studying in London was deported after he was accused of sending sexual messages to two local minors. A video of the Indian student being interrogated by UK police has gone viral on…
The Hang Seng Index gained 0.7 per cent to 24,329.11 at 10.56am local time, while the Hang Seng Tech Index advanced 0.5 per cent. On the mainland, the CSI 300 Index strengthened 0.6 per cent and the Shanghai Composite Index added 0.4 per cent. BYD gained 1.2 per cent to HK$137.20 after it joined other…