Eager capital prompts IPO plans for more Chinese makers of brain-computer interfaces

A handful of home-grown Chinese companies involved in brain computer interfaces (BCIs) are moving towards initial public

offerings (IPOs) on onshore markets, taking advantage of the sector’s status as a new darling of private capital. The trend fits into a broad pattern of hi-tech firms flocking to list on the Shanghai...

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Hong Kong’s MTR Corp wins bid as part of group to build new Sydney station, properties

Hong Kong rail giant the MTR Corporation has won a bid as part of a consortium to design and build a metro station and d

evelop property in Sydney’s second central business district in Australia. The corporation said on Tuesday that it and its two partners – both subsidiaries of Malaysian engineering firm and developer ...

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Expand Hong Kong’s MPF investment choices, lure mainland pension funds: financial council

Hong Kong should consider allowing the Mandatory Provident Fund to invest in more asset classes, and lure more long-term

patient mainland capital, such as pension funds, to invest globally through the city, the Financial Services Development Council (FSDC) said in a report on Tuesday. The MPF, the city’s compulsory ret...

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China targets fourfold boost in AI computing capacity by 2030 in major tech push

China plans to deploy artificial intelligence computing clusters containing 100,000 accelerator cards and sharply expand

the country’s intelligent computing capacity over the next five years, as Beijing steps up investment in the infrastructure underpinning its AI ambitions. The Ministry of Industry and Information Tec...

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Chinese grandma who struggles with Mandarin sings in 6 foreign languages

A 62-year-old woman from southern China, who cannot speak standard Mandarin or recognise the English alphabet, has gone

viral on social media for singing over 100 songs in six different languages. Li Deru, known online as @Auntie Ru, boasts 800,000 followers and has garnered millions of likes across both domestic and i...

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Vietnam’s To Lam visits Russia and France amid South China Sea tensions

Vietnam’s president and Communist Party chief travels to Russia and France this week, on a trip analysts say is designed

to do double duty: shore up support for Hanoi’s claims in the South China Sea and help bankroll its bid to become a high-income economy by 2045. To Lam’s itinerary encompasses talks with Russian Pres...

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Chinese scientists propose turning abandoned coal mines into underground farms

Chinese scientists have proposed developing “underground agriculture” in abandoned coal mine tunnels as part of a push t

o create a green, circular economy for the country’s massive mining industry. A team of researchers from Shanxi, a major coal-producing province in central China, described the idea late last month in...

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Houthi attacks on Saudi Arabia wound dozens as coalition vows response

More than 70 people were wounded in a wave of Houthi attacks Tuesday on Saudi Arabia, authorities said, a major escalati

on in the renewed conflict between an important US ally and the Iranian-backed rebels in Yemen. The attacks come after weeks of escalating clashes between the Houthis and Saudi-backed government force...

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Beijing recommends 16 Hong Kong civil servants to UN roles, highest number to date

Beijing has recommended the largest-ever cohort of civil servants from Hong Kong to take on roles in United Nations agen

cies this year, expecting the deployments to broaden their global perspective and strengthen the city’s position as a bridge between China and the international community. The batch of 16 officers sen...

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Minister defends Singapore Airlines’ Air India stake amid scrutiny, racist rants

Singapore’s transport minister on Tuesday defended Singapore Airlines’ investment in Air India, saying the city state’s

flag carrier must grow overseas because there is a limit to how many people will fly to or from Singapore. Responding ‌to a question in parliament, Minister Jeffrey Siow said the flag carrier was a li...

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Singapore ministers set for pay rise with entry-level pay up to US$1.4 million

Singapore’s ministers will receive progressive salary increases, Prime Minister Lawrence Wong has announced. The entry-l

evel ministerial salary benchmark will rise to S$1.8 million (US$1.4 million) from S$1.1 million, while the prime minister’s pay benchmark will increase to S$3.6 million from S$2.2 million, in line wi...

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From BYD cars to DJI drones, Guangdong showcases tech prowess ahead of Apec summit

As Shenzhen gears up for November’s Asia-Pacific Economic Cooperation (Apec) summit, the southern Chinese province in wh

ich it sits, Guangdong, is making sure its technological prowess also gains global attention. At Saturday’s Asia-Pacific Media Forum, a major media gathering before the summit, a hall was packed with ...

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Nepal flood survivors face economic ruin as migration beckons

Taradevi Tamang’s village exists on official maps, but on the ground, it looks as though it was never there at all. Two

weeks ago, raging floodwaters ripped through her village in central Nepal’s Nuwakot district, sweeping away Tamang’s tin-roofed home alongside the modest savings and gold jewellery she had accumulated...

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Hong Kong families hit as volcanic ash strands up to 200 helpers in Indonesia

Up to 200 Hong Kong-bound domestic helpers remain stranded in Indonesia despite the reopening of several affected airpor

ts, as the city’s employment agencies association braces for possible further closures due to volcanic ash. The Indonesian transport ministry said Jakarta’s Soekarno-Hatta International Airport resume...

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Hong Kong a boon to Kazakhstan’s advanced manufacturing ambitions, ties to Europe: expert

Hong Kong firms could look to Kazakhstan as a base for advanced manufacturing and as a gateway to Europe, while the city

’s robust capital markets could attract businesses in the Central Asian country, a diplomat and business adviser has said. Sabr Yessimbekov, adviser to the chairman of the presidium of the National Ch...

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Chinese PLA aircraft to headline Egypt air show in display of export potential

Fresh off a joint air drill, China will for the first time showcase several PLA Air Force aircraft overseas at an air sh

ow this week. The featured aircraft were selected for the air show in Egypt to demonstrate the air force’s integrated combat abilities and export potential, according to a military analyst. China’s ar...

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Russia resumes strikes on Kyiv after pause for Trump envoys’ visit

A wave of strong explosions rang out in Kyiv early Tuesday as Russia resumed strikes on the Ukrainian capital after a th

ree-day halt. Russian President Vladimir Putin had ordered the pause in attacks as US President Donald Trump’s envoys Steve Witkoff and Jared Kushner visited the Russian and Ukrainian capitals at the ...

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In Gyirong Port, small items speak of the human cost of the China-Nepal disaster

“I do not want to stop [searching]. If I pause, I start thinking about my brothers and sisters and all the moments of my

life here.” Gui Xinwei, deputy chief of the Gyirong Border Inspection Station, was speaking to Chinese state broadcaster CCTV from the ruins of his workplace, seven days after the devastating mudslid...

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Hong Kong emerges as leading Asian study destination for Kazakhstani students

Kazakhstan has recorded the largest student population and fastest enrolment growth at Hong Kong’s public universities a

mong Central Asian countries in recent years, according to official data, while students from the country said the city was the most preferred regional higher education destination in Asia among their...

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Hong Kong aviation success today means more than just adding routes

When Cathay Pacific Airways announced direct flights to Almaty starting next January, the significance went beyond addin

g another destination. The service will be Cathay Pacific’s first to Central Asia and the only non-stop passenger connection between Hong Kong and Kazakhstan. Another announcement pointed to Hong Kong...

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