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India is touting its locally manufactured AK-203 Sher assault rifle – an advanced version of Russia’s powerful Kalashnikov – as an important milestone for the “Make in India” initiative to reduce reliance on foreign-made weapon systems. The Sher, or Tiger, will replace the older,…

Norway had seized a Russian ship in the Arctic to enforce a US$4.22 billion compensation claim won by Ukrainian energy firm Naftogaz over Moscow’s seizure of its assets when Russia annexed Crimea in 2014, officials said late on Wednesday. The vessel, the Professor Molchanov, was …

When two of China’s leading AI pioneers went public in Hong Kong in January, they pitched investors on a shared promise: capturing the explosive demand for artificial intelligence at home and abroad. Their first-half earnings, however, suggest that narrative could be splintering …

Inside a pre-war building in the heart of Hong Kong’s busy Wan Chai district, coffee, curios and Cantopop are now the fresh attractions breathing new energy into a historic pawn shop that closed its doors two years ago. As the nostalgic tunes of late Cantopop legend Leslie Cheung…

Washington is considering using Japanese, South Korean or Turkish frigate designs to expand the country’s naval fleet as the American shipbuilding industry struggles to meet demand, according to US media reports. The move comes after President Donald Trump signed a National Secur…

Rajendra Lama’s phone has barely stopped buzzing. In between coordinating rescue operations for flood survivors with the Nepal Mountaineering Association and running his travel company, he spends his days communicating with anxious tour groups, trying to persuade them not to canc…

European Union and Chinese officials have been holding talks in Beijing ahead of the bloc’s October deadline for seeing “tangible results” in efforts to curb a trade deficit running at €1 billion-plus (US$1.2 billion) per day. Denis Redonnet, the EU’s top trade enforcer, has led …

Bangladesh’s potential entry into a defence pact with Saudi Arabia, Turkey and Pakistan could give Dhaka fresh leverage in its dealings with India, but observers warn the move risks fracturing its long-standing strategic neutrality and alarming a hawkish New Delhi. Foreign Minist…

More than 75 per cent of homeowners at the only block spared the worst of last November’s deadly fire at Wang Fuk Court have agreed to sell their flats to the Hong Kong government, with authorities to press ahead with acquisition procedures. The Housing Bureau said on Thursday th…

US tech titans including Nvidia CEO Jensen Huang and Tesla’s Elon Musk are pressing global powers to curb artificial intelligence regulations, warning that strict guard rails risk suffocating innovation as the US and China compete in an intensifying technological arms race. Speak…

The potential deployment of an American army specialist unit capable of integrated operations across domains, including cyberspace, to South Korea could further reorient the US military’s role on the peninsula from deterring North Korea towards containing China, analysts say. Rec…

Xi Jinping has urged Middle Eastern nations to build a self-led security model, signalling a push to cut reliance on Washington following further US-Iran military clashes, although China’s president did not position Beijing as an alternative security guarantor. On his first visit…

Iran attacked US military bases in Kuwait on Thursday, despite US President Donald Trump threatening further strikes in a fresh flare-up six months into the war. Trump said his military was prepared to attack Iran “any time we want” after extensive US bombardment of sites across …

Operators of over 60 per cent of subdivided flats in Hong Kong have applied for a three-year grace period to give themselves more time to comply with a regulatory regime rolled out six months ago, the housing minister has said. Secretary for Housing Winnie Ho Wing-yin said on Thu…

Retired Catholic leader Joseph Zen Ze-kiun and four other activists have lost an appeal against their convictions for failing to register their legal defence fund for those involved in the 2019 anti-government protests in Hong Kong. The Court of Appeal on Thursday upheld a magist…

Ousted Venezuelan president Nicolas Maduro urged a US judge on Wednesday to dismiss criminal drug trafficking charges against him, arguing he should be immune from prosecution as the head of a sovereign country. The charges, filed in Manhattan federal court, formed the basis for …

A Maltese court on Wednesday acquitted tycoon Yorgen Fenech of orchestrating the car-bomb killing of investigative reporter Daphne Caruana Galizia, sparking outrage from her family and media freedom advocates. The wealthy businessman had stood accused of masterminding the 2017 as…

Glaciers on the Tibetan Plateau are likely to become more unstable, which may lead to more collapses and collateral disasters, a senior climate official warns as the death toll from last week’s catastrophic landslide and flood on the China-Nepal border continues to rise. “Over th…

Chinese mainland investors rotated into Hong Kong stocks tied to artificial intelligence and pulled out of companies in traditional industries in August, taking advantage of a market dip to boost bets on the world’s most cutting-edge technology. AI model developer MiniMax Group l…

US Democratic lawmakers on Wednesday accused the Donald Trump administration of using the critical minerals contest with China as an excuse for corruption – alleging billions of dollars in deals were enriching the president’s family and friends. “Competition with China is no excu…

A US missile hit a home in southern Iran where dozens were gathered to celebrate the wedding of a fisherman’s daughter, according to a rights group and Iranian media. Iranian state media said four people – two women and two children – were killed and more than 60 were wounded. Th…

Helen Clark spent nine years running New Zealand and eight more running the United Nations’ development arm. Now, the former prime minister has a warning for the country she once led: do not let the scramble for Pacific security deals crowd out its much-vaunted independent foreig…

US President Donald Trump claimed on Wednesday that the US held a significant lead over China in artificial intelligence, touted what he termed unprecedented levels of inbound US investment and said he was thrilled about Chinese President Xi Jinping’s visit to Washington later th…

Recently, I joined Secretary for Commerce and Economic Development Algernon Yau Ying-wah in Malaysia for the official opening of the Hong Kong Economic and Trade Office in Kuala Lumpur. The occasion marked an elevation in Hong Kong’s economic and trade ties with Malaysia and the …

The Dutch central bank said Wednesday it had moved 86 tonnes of its gold reserves out of the US and Canada to London, citing “increasing geopolitical unrest.” The DNB bank said gold reserves held in London could be traded more easily than those held in New York and Ottawa. “This …