It’s been a rough few years for bearish forecasters. Calls for a recession or a market crash have been mounting since 2022, and barring a slight blip here and there, downbeat prognosticators have basically gotten it all wrong. First, Federal Reserve rate hikes were supposed to throw the economy into recession. When that didn’t happen,…
This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Hong Kong readers now get 50% off their first year of subscription until September 21, 2025. The Hong Kong Observatory issued the No 8 typhoon signal at 9.20pm on Sunday, with tropical cyclone Tapah…
This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Hong Kong readers now get 50% off their first year of subscription until September 21, 2025. The Hong Kong Observatory is set to issue the No 8 typhoon signal at 9.20pm on Sunday as…
Hong Kong conducted its largest-ever counterterrorism drill, which saw strong levels of public participation, on Thursday afternoon at the Kai Tak Cruise Terminal to simulate a terrorist attack on critical infrastructure. The drill, code-named “Bravelight”, aims to boost the city’s counterterrorism expertise and the coordination capability of different bureaus and departments for responding to various…
The performance of private candidates sitting Hong Kong’s university entrance exams will not affect the chances of pupils achieving top scores, authorities have said, after the Post found significant improvements in non-school takers’ grades over the past two years. The Hong Kong Examinations and Assessment Authority’s remarks on Tuesday were accompanied by comprehensive data on…
Elon Musk announced he wants to “simulate” software companies like Microsoft using only artificial intelligence. He’s even got a name for the new venture: Macrohard. Musk said in a Friday X post that his AI startup, xAI, is building a “purely AI software company called Macrohard.” “It’s a tongue-in-cheek name, but the project is very…
Mark Zandi sees trouble ahead for the US economy. The Moody’s Analytics chief economist recently predicted in a post on X that the US economy is on the brink of recession following some of the latest economic data. While Zandi later noted that he doesn’t think the US economy is in a recession yet, there…
Tea, the anonymous dating advice app for women that has the internet buzzing, is in hot water after a data breach. Thousands of images of women, including selfies and photos of IDs that were used to verify their identity to join the app, were exposed because of the breach. “We can confirm that at 6:44…
An app that lets women review men anonymously is going viral — and it’s stirring polarizing opinions and some concerns about privacy. The app, called Tea, has surged to the No. 1 spot on the US Apple App Store. It launched in 2023 and began rapidly ascending charts in the last few weeks. Sensor Tower,…
Parents in Hong Kong have questioned the “scientific basis” of the government’s decision to suspend classes at all day schools on Friday, with some arguing their children’s graduation ceremonies were cancelled despite little rainfall in the morning. In a WhatsApp group with more than 1,000 parents, furious comments started flooding in at around 7.30am to…