AI Summary
- The ongoing tensions between Thailand and Cambodia have escalated into significant conflict, resulting in multiple casualties and the evacuation of over 100,000 civilians amid fears of a possible war.
- In the realm of private equity, the practice is increasingly being marketed to everyday investors, reflecting a return to aggressive investment strategies reminiscent of the pre-2008 financial crisis era.
- The U.S. government is suing New York City over its sanctuary policies aimed at protecting undocumented immigrants, highlighting the ongoing national debate on immigration enforcement.
- Major disruptions have occurred in the cryptocurrency market, with Ethereum ETFs experiencing substantial inflows, outpacing Bitcoin for several consecutive days, as investors seek liquidity amid fluctuating economic conditions.
- A serious cybersecurity breach at McDonald's has exposed the personal data of approximately 64 million individuals, raising alarms about the adequacy of security measures in recruitment systems.
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South China Morning Post
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US-India trade talks seen unlikely to produce deal by August 1 deadline
scmp.com
4 hours ago
by Khushboo Razdan
Months of intense negotiations appear unlikely to produce a trade deal between the US and India before the August 1 deadline, despite US Presi…
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Not worth it? Trump’s Arctic push stirs debate over China’s polar ambitions
scmp.com
9 hours ago
by Ji Siqi
As US President Donald Trump reiterates his desire to acquire Greenland – part of a broader push to assert influence in the Arctic – Chinese s…
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Pop Mart wanted to be China’s Disney. Now, it’s thinking bigger, CEO says
scmp.com
12 hours ago
by Xinyi Wu
A new wave of Chinese consumer companies, led by toymaker Pop Mart, is seeking a greater global presence, reflecting China’s strategic pivot t…
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Why Trump is attacking China’s dominance in humble graphite
scmp.com
12 hours ago
by David Dodwell
Whatever it’s been called – plumbago, black-cawke, wadd, black-lead – through century after century, graphite has been nothing if not humble. …
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Beijing, EU agree on plan; Nvidia CEO captivates at China expo: 7 highlights
scmp.com
17 hours 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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China slams US envoy nominee for framing Argentina as great power ‘battlefield’
scmp.com
a day ago
by Igor Patrick
China has issued a sharp rebuke to comments made by Peter Lamelas, the US ambassador-designate to Argentina, saying they reflected a “Cold War…
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Labubu, soft power of a stealthy ‘ugly-cute’ sort, takes on America
scmp.com
a day ago
by Mark Magnier
Alexandra Schmauch, who works at a property company in Dallas, Texas, was initially sceptical of the Labubu doll craze. As she watched the com…
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US and EU users open to Chinese AI models like DeepSeek: survey
scmp.com
2 days ago
by Ben Jiang
Most US and European Union respondents in a recent survey said they were open to using artificial intelligence models from China, underscoring…
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European firms call for return to free and fair trade at China-EU summit
scmp.com
2 days ago
by Xiaofei Xu
European companies called for a return to the spirit of free and fair trade at Thursday’s highly anticipated China-European Union summit in Be…
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US agrees deals with Indonesia, Philippines – but are Chinese firms a step ahead?
scmp.com
2 days ago
by Luna Sun
The United States has struck new trade deals with Indonesia and the Philippines, in a move analysts say could indirectly undercut China by res…
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‘Rebalancing’ needed in China-Europe relationship, chamber president says
scmp.com
2 days ago
by Ji Siqi
This year marks half a century of formal diplomatic relations between China and the European Union, as well as the 25th anniversary of the fou…
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Beijing plans big expansion of tariff-free access to Hainan from December
scmp.com
2 days ago
by Ji Siqi
China’s tropical island province of Hainan will have an independent customs regime by the end of the year, the central government announced on…
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In debt-bloated US, stablecoin a new financial weapon in the making
scmp.com
3 days ago
by Ken Ip
Imagine a 500lbs man. Eighty per cent body fat. His arteries are clogged, his heart is on the blink. A doctor tells him to do 100 burpees a da…
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Sanctioned German China expert visits Beijing in sign of easing restrictions
scmp.com
3 days ago
by Finbarr Bermingham
The head of a German think tank sanctioned by Beijing four years ago has returned from a trip to China, suggesting that travel restrictions on…
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US Treasury chief says trade talks with China to continue next week in Sweden
scmp.com
3 days ago
by Frank Chen
US Treasury Secretary Scott Bessent said on Tuesday that he would meet his Chinese counterparts in Sweden next week to continue trade talks be…
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How the EU, squeezed between the US and China, can negotiate a big win
scmp.com
3 days ago
by Winston Mok
As the European Union prepares to hold its summit with China ahead of the August 1 deadline to achieve a tariff deal with the United States, i…
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Chinese firms in Europe call for ‘substantive’ deal at China-EU summit
scmp.com
4 days ago
by Xiaofei Xu
Chinese businesses in Europe have urged political leaders in China and the European Union to seize a “historic opportunity” to resolve their d…
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Blockbuster auctions of dinosaur skeletons don’t do science any favours
scmp.com
4 days ago
by Kamala Thiagarajan
Few people know that the great auction houses of the United States and Europe are not only some of the world’s largest brokers of fine and dec…
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Argentina eases visa requirements for Chinese nationals in new overture to Beijing
scmp.com
4 days ago
by Igor Patrick
Argentina on Monday announced a loosening of visa requirements for Chinese citizens in a new overture to Beijing as President Javier Milei see…
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US Treasury chief says trade talks with China may include Russia, Iran oil buys
scmp.com
4 days ago
by Frank Chen
US Treasury Secretary Scott Bessent said on Monday that the Trump administration was in no rush to cut a trade deal with China, but that talks…
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EU share of China’s rare earth magnet shipments jumps in June
scmp.com
4 days ago
by Alice Li
Following the acceleration of licence approvals for the export of rare earth elements, China’s shipments of the minerals rebounded in June – a…
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China slams EU banking sanctions as tensions rise ahead of key summit
scmp.com
5 days ago
by Ji Siqi
Beijing has called on the European Union to “immediately cease its wrong practice” of sanctioning two Chinese banks, vowing to take action to …
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Typhoon Wipha in Hong Kong, Mandarin’s waning appeal in West: 5 weekend reads
scmp.com
5 days ago
by SCMP
We have put together stories from our coverage last weekend to help you stay informed about news across Asia and beyond. If you would like to …
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Sean Stein on why US businesses are walking a tightrope to stay in China
scmp.com
5 days ago
by Kandy Wong
Sean Stein is president of the US-China Business Council (USCBC), a Washington-based non-profit organisation that promotes trade between the w…
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Australia should not sabotage its own efforts to boost ties with China
scmp.com
5 days ago
by Daryl Guppy
Chinese media outlets were keen to accentuate the positives of Australian Prime Minister Anthony Albanese’s visit to China. However, sections …
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As trade deals show, the US now seeks rent from Asean, not partnership
scmp.com
5 days ago
by Asma Khalid
US President Donald Trump’s return to tariff diplomacy is on full display in Southeast Asia as he boasts of trade deals with first Vietnam, th…
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US and EU aid cuts see China’s star on the rise in Southeast Asia, report says
scmp.com
5 days ago
by Kandy Wong
China’s role as Southeast Asia’s largest infrastructure financier is increasing its regional influence at a time when the United States and th…
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Happiness in Hong Kong must be the focus, along with civil service efficiency
scmp.com
6 days ago
by Alice Wu
Poised to deliver his fourth policy address in September, Chief Executive John Lee Ka-chiu is gearing up to show that his administration is de…
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From TikTok to Huawei, Chinese tech giants flock to Arab tech hub Dubai
scmp.com
6 days ago
by Ann Cao
Chinese tech giants from ByteDance and Huawei Technologies to Alibaba Group Holding are playing an increasingly important role in Dubai’s burg…
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Nvidia CEO shines in China – but trade war fears still lurk beneath surface
scmp.com
6 days ago
by Ji Siqi
On his third trip to China in a year, Nvidia CEO Jensen Huang – head of the world’s most valuable company – was on a full-blown charm offensiv…
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In the face of global crises, markets seem out of step with reality
scmp.com
7 days ago
by Anthony Rowley
All Quiet on the Western Front was the title of the classic novel about the first world war, written by Erich Maria Remarque. To me, the book …
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Trump says he deserves a Nobel Peace Prize, but not everyone agrees
scmp.com
7 days ago
by Khushboo Razdan
In a world barely able to keep up with the headlines that US President Donald Trump generates with policies that routinely challenge conventio…
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Chinese firms in Mexico expected to keep US free trade perks despite rivalry
scmp.com
7 days ago
by Ji Siqi
Chinese-funded factories in Mexico are “very unlikely” to be excluded from preferential treatment under the United States-Mexico-Canada Agreem…
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China cuts US Treasury stockpiles to the lowest level since 2009
scmp.com
8 days ago
by Sylvia Ma
China trimmed its US Treasury holdings for a third straight month in May, amid escalating trade tensions with Washington and mounting concerns…
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Nvidia CEO on US’ Chinese brain drain, Hong Kong DSE results: 7 highlights
scmp.com
8 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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US House committee chair warns Panama about Chinese influence over Panama Canal
scmp.com
8 days ago
by Frank Chen
The head of a US congressional committee on Thursday, warned Panama over Chinese influence on the Panama Canal, following reports that leading…
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Fentanyl likely on US-China trade agenda after long absence: analysts
scmp.com
8 days ago
by Alice Li
The trafficking of materials to make the drug fentanyl – the issue cited by the US in its initial tariff escalation against China in March – i…
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Brazil triples rare earth exports to China, a ripple from US-China rift
scmp.com
8 days ago
by Igor Patrick
Brazil’s rare earth exports to China tripled in the first half of 2025 just as Chinese imports surged to a record high, fuelling concerns that…
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Starmer’s statesmanship abroad no substitute for vision at home in Britain
scmp.com
8 days ago
by Thomas O. Falk
Prime Minister Keir Starmer’s Britain is a nation in slow drift, outwardly composed but inwardly unravelling. His resolute backing of Ukraine …
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What you need to know about China’s restrictions on 8 key battery technologies
scmp.com
8 days ago
by Alice Li
China’s latest export restrictions on eight key electric vehicle (EV) battery technologies officially took effect this week, about half a year…
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Syria’s future tied to Israel peace deal as billions in investment set to arrive
scmp.com
8 days ago
by Tom Hussain
Some US$20 billion of foreign investment and financial aid is set to pour into Syria over the next few years, kick-starting the reconstruction…
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US-China trade deal may resemble phase 1 pact from Trump’s first term: ex-official
scmp.com
9 days ago
by Bochen Han
The US-China deal under negotiation is likely to bear similarities to the phase one trade agreement from Donald Trump’s first term, according …
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On Australian PM’s visit to China, the 2 nations ‘hold back’ on disputes
scmp.com
9 days ago
by Kandy Wong
Beijing has set aside major disputes with Canberra and instead filled Australian Prime Minister Anthony Albanese’s six-day visit to China this…
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G-2 style reset? How US-China trade talks may shift after AI chip curbs eased
scmp.com
9 days ago
by Luna Sun
The United States’ decision to ease export restrictions on certain advanced chips – part of a broader package of trade agreements with China –…
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Free trade ‘essential’: China warns Western reshoring threatens supply chains
scmp.com
9 days ago
by Ji Siqi
China’s top trade negotiator has criticised Western efforts to de-risk and reshore manufacturing, presenting the world’s second-largest econom…
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Airbus signs fresh deal with Chinese partner amid talk of massive China order
scmp.com
10 days ago
by Xiaofei Xu
Airbus has signed a new cooperation deal with its Chinese partner that will see the company localise more production of its A321 jet in China,…
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Former US envoy backs Trump tariffs, says China deserves ‘tough-minded’ stance
scmp.com
10 days ago
by Bochen Han
Washington and Beijing are on a “creeping path towards some kind of a deal”, former US ambassador to China Nicholas Burns said on Tuesday, whi…
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China and Europe power 24% growth in global EV sales in June
scmp.com
10 days ago
by Yujie Xue
Global sales of electric and plug-in hybrid vehicles surged 24 per cent in June from a year earlier, driven by strong demand in China and Euro…
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China’s Xi Jinping makes case for free trade as supply chain expo opens
scmp.com
10 days ago
by Xiaofei Xu
President Xi Jinping has spoken out against unilateral sanctions and trade barriers – reiterating China’s support for globalisation as the int…
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The EU is doing itself no trade favours in pushing China on Russia
scmp.com
10 days ago
by Nikola Mikovic
Ahead of the China-European Union summit, set to take place in Beijing on July 24, the 27-nation bloc seems determined to adopt a firm stance …