The world is going all-in on stablecoins. Is China’s digital yuan any different?
When South Korea reportedly halted its digital currency pilot programme this week in favour of stablecoins – cryptocurrencies pegged to a reference asset, typically...
Hong Kong’s May retail sales up 2.4%, ending 14-month contraction
Published: 5:23pm, 2 Jul 2025Updated: 6:16pm, 2 Jul 2025 Hong Kong’s retail sales in May jumped by 2.4 per cent year on year, reversing...
China’s emergency power bank ban catches domestic fliers off guard
Published: 5:08pm, 2 Jul 2025Updated: 6:40pm, 2 Jul 2025 An emergency ban on some power banks imposed by China’s aviation regulator over the weekend...
Indonesian tourist arrested at Hong Kong’s The Peak after tumbler hits woman
Published: 5:06pm, 2 Jul 2025Updated: 5:15pm, 2 Jul 2025 An Indonesian tourist who was sightseeing at The Peak in Hong Kong has been arrested...
Why US Banned Transfer of Genetic Samples to China
The Food and Drug Administration (FDA) has halted a program that allowed the transfer of U.S. citizens’ biological samples to China and other “hostile...
ByteDance’s Douyin launches Yelp-like AI chatbot to suggest eateries, reviews
Social media giant ByteDance, owner of TikTok and Douyin, has launched a Yelp-like artificial intelligence (AI) assistant that recommends restaurants and provides summarised food...
Japanese women break silence on WWII rapes by Soviet troops
Nearly 80 years after 15 young women were forced to “offer” themselves to protect their community from Soviet troops invading Japan’s Manchurian colony in...
Labubu’s rise reflects hitmaker ability of China’s digital ecosystem
The global frenzy around China’s Labubu, the candy-coloured monster character with the mischievous smile adorning bags, desks, streets and social feeds worldwide, is often...
Veteran medical administrator Libby Lee to lead Hong Kong’s Hospital Authority
Published: 4:10pm, 2 Jul 2025Updated: 5:56pm, 2 Jul 2025 Undersecretary for Health Libby Lee Ha-yun will take over as the Hospital Authority’s new chief...