Hong Kong’s anti-corruption watchdog has charged three people, including two private care home operators, over an alleged HK$1.3 million (US$166,700) fraud involving an elderly care voucher scheme. The Independent Commission Against Corruption (ICAC) said on Thursday that the trio allegedly inflated service records under the Social Welfare Department’s Community Care Service Voucher Scheme for the…
HONG KONG (AP) — China’s Premier Li Qiang on Wednesday defended the country’s technological advancements as an opportunity for the world rather than a threat. Li also said the country’s heavy state subsidies were not the main reason for the rapid rise of its high-tech industries, at a time when Western officials have complained that…
HAVANA (AP) — On a recent afternoon, a group of elderly residents slipped through the wooden doors of the Church of the Holy Spirit in Old Havana and gathered for a modest meal of ground meat, rice, red beans and crackers topped with mayonnaise — all finished with a cup of strong Cuban coffee. “May…
In the vast, turquoise expanse of the South China Sea, hundreds of fishing boats sit idle off China’s southern coast. But the people on these vessels aren’t there to fish. “They’re there to maintain presence,” said Gregory Poling from the US Center for Strategic and International Studies (CSIS). “Philippine surveillance shows crew members sitting around…
The Lunar New Year festival, China’s biggest holiday, took place in February, which also likely hurt sales 1 min read Last Updated : Mar 11 2026 | 3:07 PM IST China’s domestic passenger car sales fell 34.2 per cent in February from a year earlier, an industry association said Wednesday, reflecting weakening demand as…
BANGKOK (AP) — How do you persuade a population to have more babies after generations of limiting families to just one? A decade after ending China’s longtime one-child policy, the country’s authorities are pushing a range of ideas and policies to try to encourage more births — tactics that range from cash subsidies to taxing…
SHANGHAI/BEIJING (Reuters) -China has sent a clear signal that it is willing to pull the plug on subsidies for its electric vehicle industry after years of big-ticket government support fuelled a boom that has left the world’s second-largest economy saddled with vast oversupply, prompting it to push into global car markets. Top policymakers omitted electric…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Jim Cramer, the host of CNBC’s “Mad Money,” spotlighted Intel Corporation’s (NASDAQ:INTC) staggering $18.8 billion loss in its foundry division in 2024, despite receiving $8.5 billion in U.S. CHIPS Act subsidies. Cramer took to X on Wednesday to highlight the financial challenges of domestic semiconductor…
NEW YORK (AP) — A public document filed by a company that just hired President Donald Trump’s two oldest sons as advisers included a sentence early Monday that said it hoped to benefit from grants and other incentives from the federal government, which their father happens to lead. But when The Associated Press asked the…
On 21 July, the WTO circulated the arbitration award in the proceedings initiated by the European Union under Article 25 of the Dispute Settlement Understanding to review the findings of a WTO dispute panel in “China — Enforcement of Intellectual Property Rights” (DS611). Source link