Yuan’s ‘golden window’ is open, former PBOC governor says as US dollar credibility teeters
Faltering confidence in the US dollar has handed China a “golden window of opportunity” to promote the global use of its currency, according to...
South Korea offers US$4-an-hour helpers for solo residents of capital
In South Korea’s capital, more than one in three people live alone, creating headaches when it comes time to visit hospital or simply move...
Impact of Middle East war on Hong Kong’s aviation hub status ‘relative’: experts
Passenger flight cuts triggered by surging fuel prices could temporarily affect Hong Kong’s status as a transit hub, but the impact will be relative...
Chinese EV stocks jump on surging exports, hopes of domestic demand recovery
Chinese electric vehicle (EV) stocks rallied against a falling broader market in Hong Kong on Monday, as strong export data and rising oil prices...
China restaurant owner rejects fame after being overwhelmed by growing number of customers
A Chinese diner has gone viral after its owner rejected the trappings of popularity, mirroring a so-called lying flat attitude adopted by many youngsters...
Australia pledges US$1.7 million in aid after Cyclone Maila kills 11 in Pacific
Australia has pledged A$2.5 million (US$1.7 million) in aid to Pacific neighbours Papua New Guinea and the Solomon Islands, after tropical cyclone Maila caused...
Licence of Hong Kong travel agency revoked after tour guide coerced visitors to shop
A Hong Kong travel agency has had its licence revoked after one of its tour guides allegedly coerced mainland Chinese travellers into purchasing items...
Australia appoints first female army chief in ‘historic’ reshuffle of military top brass
Australia said on Monday that a woman would lead its army for the first time in history, as part of a reshuffle of the...
China’s tea-drink shops thirst for profits as price wars dry up prospects
China’s tea-drink market, with estimated annual sales of 370 billion yuan (US$54.2 billion), has become yet another example of involution as brutal price competition...