By Steve Holland and Andrea Shalal WASHINGTON, Feb 27 (Reuters) – U.S. President Donald Trump said on Friday he was not happy with Iran and wants to make a deal with Tehran but warned that “sometimes you have to” use military force. Trump, talking to reporters as he left the White House on a trip…
Hong Kong’s finance chief has assured the public that the city can manage its debt after proposing the issuance of more bonds to accelerate the development of the Northern Metropolis, expressing confidence in the long-term investment returns from the megaproject. Financial Secretary Paul Chan Mo-po sought to reassure the public during a radio programme on…
A Hong Kong court has sentenced the father of a wanted activist to eight months for attempting to cash out an insurance policy worth more than HK$88,000 (US$11,251) in his daughter’s name, rejecting suggestions that the sentence amounted to ‘collective punishment’ against a relative of a fugitive. Kwok Yin-sang, 69, became the first person jailed…
U.S. President Donald Trump shakes hands with members of Congress as he departs following his State of the Union address in the House Chamber of the US Capitol in Washington, DC, on Feb. 24, 2026. Andrew Caballero-Reynolds | AFP | Getty Images BEIJING — U.S. President Donald Trump avoided directly naming China in his State…
A new government committee tasked with reviewing Hong Kong’s tax policies will consider updating them to allow for levies on the virtual asset sector and selected emerging industries, while providing incentives to attract business and investment, the South China Morning Post has learned. The SCMP learned of the development on Wednesday as experts called for…
Democratic lawmakers in the U.S. House of Representatives have criticised the Trump administration’s decision to pause several technology security measures targeting China, warning the move could undermine national security. In a letter to Commerce Secretary Howard Lutnick, senior Democrats Gregory Meeks and Sydney Kamlager-Dove described the decision as “troubling”, suggesting it prioritises stabilising ties with…
Hong Kong’s finance chief will unveil new measures in his budget to strengthen the city’s growing intellectual property (IP) economy, focusing on nurturing top-tier talent and helping local tech firms evaluate their patents, the South China Morning Post has learned. The initiatives, expected to be announced on Wednesday, come as Financial Secretary Paul Chan Mo-po…
The European Union’s planned landmark trade deal with the United States is once again in jeopardy, as the fallout from a Supreme Court ruling against President Donald Trump’s sweeping tariffs continues to ripple across global trade negotiations. US President Donald Trump at an event at the White House. Rather than accept the ruling and go…
Hong Kong authorities froze HK$261 million (US$33.4 million) in suspected criminal proceeds linked to money laundering and drug trafficking last year, but experts say it may take as long as seven years for any of the funds to reach government coffers. According to data from the Joint Financial Intelligence Unit, run by police and customs,…
New Delhi hosted a landmark AI summit where 88 nations adopted the New Delhi Declaration, championing “AI for All.” This non-binding agreement outlines a global roadmap for equitable AI development, focusing on democratizing resources, reskilling workforces, and fostering energy-efficient systems. The AI Impact Summit 2026 wrapped up in New Delhi on December 20 with 88…