HK fintech Wonder secures $12m venture debt from HSBC to expand Apac operations
Hong Kong payment platform Wonder has raised $12m in venture debt from HSBC Innovation Banking to accelerate its regional expansion. Read More
‘Punches above its weight’: compact AI model from China’s StepFun outshines larger rivals
Chinese artificial intelligence start-up StepFun has unveiled a lightweight AI model that it says punches above its weight, rivalling larger systems from domestic competitors...
Chinese journalist Liu Hu detained in Sichuan after report scrutinising local officials
A veteran Chinese investigative journalist has been detained by police in Sichuan province after publishing an article critical of local officials, raising fresh concerns...
Hong Kong’s retail sales edge up 1% in 2025 after 7.3% decline in 2024
Hong Kong’s retail sales rose 1 per cent in 2025 after recording a 6.6 per cent year‑on‑year increase in December, with authorities saying that...
85% of insurance claims related to Tai Po fire settled, totalling HK$510 million
Around 85 per cent of insurance claims for damages caused by Hong Kong’s deadliest fire in decades have been settled, with the amount paid...
China grows nuclear arsenal as last US-Russia limits expire
The last treaty limiting nuclear weapons deployments by the US and Russia expires on Thursday, ending more than 50 years of restraints on the...
China’s financial powerhouse Shanghai aims for 5% growth, ‘global influence’
China’s economic locomotive Shanghai is aiming for a growth rate of around 5 per cent this year, after gradually rebounding since 2023 and reaching...
In Malaysia, 3 children, teen among charred remains found in burnt house; 2 face murder charges
Two men are set to be charged with murder in Malaysia following the discovery of the charred skeletal remains of six people – including...
China’s finance sector rocked by another sudden death amid overwork fears
The sudden death of a top fund manager in Shanghai – the latest in a string of similar cases – has raised alarm in...