AI Summary
- Nvidia's stock has surged following the announcement of a $100 billion investment in OpenAI, reinforcing its role in powering AI infrastructure as expectations for increased demand for related technology grow.
- The markets currently reflect a cautious stance, with analysts noting that investors are averaging out predictions, which leads to pricing that does not fully capture likely outcomes and may leave them exposed to unforeseen changes.
- Immigration and Customs Enforcement (ICE) is seeing a recruitment surge, receiving over 150,000 applications for positions amid increased calls for robust immigration enforcement in the U.S.
- In a notable setback for the automotive industry, Porsche has reduced its electric vehicle ambitions, scrapping plans for a battery-powered luxury SUV and focusing instead on traditional petrol engines and hybrid models, which has negatively impacted its stock prices.
- President Trump is expected to approve a deal that grants Oracle control over TikTok’s U.S. operations after months of negotiations, indicating a potential shift in regulatory dynamics involving Chinese tech companies in the U.S. market.
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South China Morning Post
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Russia says ‘no signals’ from Ukraine on peace talks as it faces Nato warning
scmp.com
4 days ago
by Reuters,Bloomberg
There have been no signals from Kyiv about a possible resumption of negotiations between the Russian and Ukrainian delegations, Kremlin spokes…
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What’s your best offer? UK firms turn cagey about salary in employers’ market
scmp.com
4 days ago
by Bloomberg
UK companies are becoming less forthcoming about what they’re willing to pay to fill open roles, indicating that employers are no longer under…
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Moldova’s pro-EU party tops polls in elections hit by Russian meddling claims
scmp.com
4 days ago
by Agence France-Presse
Moldova’s ruling pro-EU party on Sunday topped parliamentary elections, according to almost complete results for a vote overshadowed by accusa…
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Why Asia has huge stakes in US-Mexico-Canada trade deal review
scmp.com
4 days ago
by Wendy Cutler,Stephen Olson
As the United States begins its public consultation process for a 2026 review of the US-Mexico-Canada Agreement (USMCA), Asian economies shoul…
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Ex-British MP George Galloway ‘questioned on China’ by UK counterterror police
scmp.com
4 days ago
by dpa
Former British member of parliament George Galloway has said he was held by counterterror police for nine hours at Gatwick Airport and had his…
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Republicans urge Democrats to agree short-term bill to keep US government open
scmp.com
4 days ago
by Reuters
Ahead of a meeting between lawmakers and US President Donald Trump, the Republican leaders of Congress sought on Sunday to blame Democrats for…
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Trump says he will tell US military leaders ‘we love them’ at Quantico meeting
scmp.com
4 days ago
by Agencies
US President Donald Trump said on Sunday that he would tell a gathering of US generals and admirals in Quantico, Virginia that they were cheri…
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US citizen released by Afghanistan’s Taliban after visit by envoy
scmp.com
4 days ago
by Agence France-Presse
Afghanistan’s Taliban government released an American citizen from detention on Sunday, a week after freeing an elderly British couple. In a s…
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New York City Mayor Eric Adams ends his re-election campaign
scmp.com
4 days ago
by Associated Press
New York City Mayor Eric Adams announced on Sunday that he is ending his campaign for re-election. In a video released on social media, Adams …
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Starmer warns UK Labour is in ‘fight of our lives’ as party meets
scmp.com
4 days ago
by Agence France-Presse
A pep talk from Australian leader Anthony Albanese kick-started UK Labour’s annual conference on Sunday, with Prime Minister Keir Starmer stru…
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4 dead, 8 injured in shooting at Mormon church in Michigan
scmp.com
4 days ago
by Associated Press
An ex-Marine smashed a pickup into a Church of Jesus Christ of Latter-day Saints church in Michigan, opened fire and set the building ablaze d…
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Trump says ‘we will get it done’ in the Middle East
scmp.com
4 days ago
by Reuters
US President Donald Trump expressed optimism on Sunday about reaching a deal to end the war in Gaza, saying there is “a real chance for greatn…
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Hamas says it lost contact with 2 hostages as fighting intensifies
scmp.com
4 days ago
by Reuters
The military wing of Hamas said on Sunday it had lost contact with two Israeli hostages held in Gaza City, and called on Israel to pull troops…
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Denmark bans all civilian drone flights this week for EU summit
scmp.com
4 days ago
by Agence France-Presse
Denmark will ban all civilian drone flights across the country this week to ensure security as Copenhagen hosts an EU summit gathering heads o…
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Russia pummels Ukraine with ‘massive’ missile and drone strikes
scmp.com
4 days ago
by Agence France-Presse
Ukraine said on Sunday that Russia pounded the country with “hundreds” of drones and missiles overnight, killing at least four people in the c…
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Singer Selena Gomez marries Benny Blanco in star-studded ceremony
scmp.com
5 days ago
by Agence France-Presse
American actress and singer Selena Gomez married her boyfriend, music producer Benny Blanco, in a star-studded southern California wedding cer…
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‘How are we going to survive?’: Iran in a bind as UN sanctions return
scmp.com
5 days ago
by Reuters
Iran’s clerical rulers face one of their gravest crises since the 1979 Islamic Revolution, caught between growing discontent at home and a sta…
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Trump era could herald the end of ideology in US-China relations
scmp.com
5 days ago
by Lanxin Xiang
Convergence theory has long been a Western fantasy in conquering the world with liberal democratic values. It proposes that societies, especia…
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Russia tells West any aggression will be met with ‘decisive response’
scmp.com
5 days ago
by Reuters
Russian Foreign Minister Sergey Lavrov told the West on Saturday that any aggression against Moscow would face a “decisive response”, warning …
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Why China’s global initiatives represent the reform the UN needs
scmp.com
5 days ago
by Adriel Kasonta
When the General Debate of the UN General Assembly’s 80th session opened on September 23, the cavernous hall in New York was once again filled…
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Trump orders US troops to Portland, ICE facilities to handle ‘domestic terrorists’
scmp.com
5 days ago
by Associated Press
US President Donald Trump said on Saturday that he will send troops to Portland, “authorising Full Force, if necessary” to handle “domestic te…
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Over 150 tonnes of counterfeit cigarettes seized in Italian factory bust
scmp.com
5 days ago
by Agence France-Presse
More than 150 tonnes of counterfeit cigarettes were seized from the largest illegal factory ever discovered in Italy, customs police said in a…
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Denmark confirms new drone sightings at its military bases
scmp.com
5 days ago
by Agence France-Presse
Unidentified drones flew over Danish military sites including its biggest base overnight following a slew of earlier sightings that Copenhagen…
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Iran braced for UN ‘snapback’ sanctions amid food pressures, war concerns
scmp.com
5 days ago
by Associated Press
As Iran’s ailing economy braced itself on Saturday for the reimposition of United Nations sanctions over its nuclear programme, it is ordinary…
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At least 44 dead in Gaza as Israel ignores ceasefire demands
scmp.com
5 days ago
by Associated Press
Israeli strikes and gunfire killed at least 44 people across Gaza, health officials said on Saturday, as international pressure grew for a cea…
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With US backing, Israel’s rising global isolation is not a ‘game changer’
scmp.com
5 days ago
by Tom Hussain
After two years of warfare with Hamas that the United Nations says has brought genocide and famine to Gaza, Israel finds itself more isolated …
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Trump’s granddaughter Kai’s new clothing brand gets a presidential outing boost
scmp.com
5 days ago
by Agence France-Presse
US President Donald Trump’s granddaughter has unveiled a clothing brand bearing her name, with promotional photos taken at the White House fea…
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US revokes Colombian president’s visa after he calls soldiers to ‘disobey Trump’
scmp.com
6 days ago
by Agence France-Presse
The US State Department said on Friday it would revoke the visa of Colombia’s leftist President Gustavo Petro for his “incendiary actions” dur…
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US financier charged with sexually abusing women in New York ‘dungeon’
scmp.com
6 days ago
by Associated Press
A retired US financier has been arrested on charges that he lured dozens of women, including former Playboy models, to be sexually and physica…
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US man admits on TV that he killed parents, is arrested as he leaves studio
scmp.com
6 days ago
by Associated Press
A man admitted during a television interview to killing his parents and burying them in the backyard of their upstate New York home eight year…
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UN Security Council rejects China and Russia’s bid to delay Iran sanctions
scmp.com
6 days ago
by Associated Press
The UN Security Council on Friday rejected another last-ditch effort to delay the reimposition of sanctions on Iran over its nuclear programme…
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India-US trade talks on UN sidelines fail to break impasse
scmp.com
6 days ago
by Khushboo Razdan
Top trade negotiators from India and the United States failed to resolve their tariff dispute during talks on the sidelines of the United Nati…
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Calls grow for first female UN chief in 80 years: ‘let’s make history’
scmp.com
6 days ago
by Reuters
In its 80-year history, the United Nations has never had a woman serve as secretary general – a fact that some world leaders now view as a gla…
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Trump says Gaza deal near, hostages could soon be freed
scmp.com
6 days ago
by Reuters
US President Donald Trump said he was close to forging a deal to end the war in Gaza and bring hostages home as he prepared to meet Israeli Pr…
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US tightens trucker licence rules for non-US citizens after fatal crashes
scmp.com
6 days ago
by Associated Press
The US Transportation Department will immediately tighten requirements for non-citizens to get commercial drivers licences after three fatal c…
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Netanyahu defies UN walkout, vows to ‘finish the job’ in Gaza
scmp.com
6 days ago
by Associated Press
Israeli Prime Minister Benjamin Netanyahu told the UN General Assembly on Friday that Israel “must finish the job” against Hamas in Gaza, givi…
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ICE video using Pokémon’s ‘Gotta Catch ‘Em All’ slogan sparks controversy
scmp.com
6 days ago
by Agence France-Presse
Japan’s wildly popular Pokémon franchise distanced itself on Friday from a recent viral US government video that linked the brand’s “Gotta Cat…
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China’s trade probes into Mexico seen as ‘clear warning’ not to bow to US pressure
scmp.com
6 days ago
by Alice Li,Kandy Wong
As China and the United States approach the next phase of trade talks, Beijing has launched anti-dumping and trade barrier probes into Mexico …
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Netherlands to return ‘Java Man’ fossils to Indonesia in historic move
scmp.com
6 days ago
by Agence France-Presse
The Netherlands pledged on Friday to return to Indonesia the remains of “Java Man”, the first-ever “Homo erectus” unearthed by modern scientis…
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In case of trade emergency, break glass: inside China’s policy toolbox
scmp.com
6 days ago
by Mia Nurmamat
Beijing has deployed a wide variety of measures to protect its domestic industries as China’s economy, the world’s second largest, grapples wi…
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Danish airport closes again after suspected new drone sightings linked to Russia
scmp.com
6 days ago
by Agence France-Presse
A sighting of a suspected drone briefly closed a Danish airport on Friday for the second time in a few hours, after the country’s prime minist…
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UK to launch mandatory digital ID to curb illegal migration
scmp.com
6 days ago
by Agence France-Presse,Reuters
UK Prime Minister Keir Starmer on Friday announced plans to introduce free digital ID for both nationals and those living in the country in a …
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South Korea’s Lee among leaders stuck in New York traffic by Trump’s motorcade
scmp.com
6 days ago
by SCMP’s Asia desk
The presidents of Turkey and South Korea have become the latest leaders attending the UN’s signature diplomatic gathering to be forced to wait…
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Trump has the megaphone but WTO deal shows multilateralism not dead
scmp.com
6 days ago
by David Dodwell
As US President Donald Trump lambasted attendees at the UN General Assembly this week for failing to stop wars and curb illegal immigration, f…
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Nato says downing Russian drones with costly missiles ‘not sustainable’
scmp.com
7 days ago
by Bloomberg
Western militaries cannot keep shooting down incoming drones with expensive missiles, Nato Secretary General Mark Rutte said on Thursday, addi…
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Top China weapons chip scientist detained, Trump’s H-1B chaos: 7 highlights
scmp.com
7 days ago
by SCMP
We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with ou…
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Argentina reels as 3 women tortured, murdered live on Instagram
scmp.com
7 days ago
by Agence France-Presse
The brutal torture and murder of two young women and a girl, broadcast live on Instagram, rocked Argentina on Thursday, where investigators su…
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Trump says he ‘will not allow’ Israel to annex West Bank after Saudi warning
scmp.com
7 days ago
by Reuters
US President Donald Trump said on Thursday that he would not allow Israel to annex the West Bank, rejecting calls from some far-right politici…
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Branded drugs, trucks and furniture in Trump’s tariff firing line
scmp.com
7 days ago
by Reuters
President Donald Trump on Thursday took aim at a broad range of imported goods in announcing a new round of punishing tariffs, saying the US w…
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‘I’m innocent’: ex-FBI head Comey criminally charged as Trump targets critics
scmp.com
7 days ago
by Reuters
The US Justice Department filed criminal charges against former FBI director James Comey on Thursday, in a dramatic escalation of President Do…