China rolls out plan to promote its own payment system as US trade war simmers
China has released an action plan to promote the use of the yuan and its own payment system in international trade, as it seeks...
Trump tariffs, uncertainty cloud US, global economy outlooks amid ‘new era’ of trade: IMF
The outlooks for the US and global economies have significantly worsened in the wake of President Donald Trump’s tariffs and the uncertainty they have...
Hong Kong forests can store over 7 million tonnes of carbon, study finds
Published: 9:31pm, 22 Apr 2025Updated: 9:32pm, 22 Apr 2025 Hong Kong’s forests can store more than 7 million tonnes of carbon, equivalent to one-fifth...
Russia batters Ukraine’s Odesa and Zaporizhzhia as peace talks in London face uncertainty
Published: 9:30pm, 22 Apr 2025Updated: 9:58pm, 22 Apr 2025 Russian drones battered the Ukrainian port city of Odesa and glide bombs hit Zaporizhzhia, local...
Beijing’s Cyberattack Allegation Against NSA Adds to Signs of US–China Decoupling: Analysts
After raising tariffs on U.S. products and warning citizens to rethink U.S. travel plans, Beijing accused a U.S. government agency of hacking infrastructure. News...
US satellite warning, China universities dominate chip research: SCMP daily highlights
Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider...
Huawei to roll out AI chips in second half as potential alternative to Nvidia H20: report
Huawei Technologies will roll out its new Ascend 920 artificial intelligence (AI) chip later this year, as the company steps into the role as...
IMF slashes GDP growth estimates for China, US and world as trade tensions rise
The International Monetary Fund (IMF) has cut its 2025 GDP growth forecast for the United States deeper than that of China, as the tit-for-tat...
Hong Kong beauty centre closure sparks probe into HK$200,000 of prepaid packages
Hong Kong Customs and a consumer watchdog are investigating 22 complaints involving HK$200,000 (US$25,770) in prepaid packages following the abrupt closure of a beauty...