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2d07/10

In Malaysia’s Johor, Chinese voters prize affordability over politics

Koo can see Johor changing around him, even if the promised wealth has not reached his bank account. The 30-year-old service worker has lived for 25 years in Skudai, a busy Johor Bahru suburb anchored by universities, older housing estates and the kind of Chinese shoplot economy that helped make the Democratic Action Party (DAP) a force in Malaysia’s southern state. He sees cranes, rail works and projects built by Chinese companies. But before Saturday’s state election, and as the China-linked..

unclassifiedchina · asia
2d07/10

Northern Metropolis’ science and education focus key to Hong Kong’s future

China’s new development narrative places science and education at the centre of long-term competitiveness. This is a systemic project powered by technology, grounded in education and driven by talent as the country’s foremost resource. Hong Kong’s traditional identity as an international financial centre is no longer sufficient to sustain the city’s competitiveness. To remain relevant, Hong Kong must articulate a platform that structurally aligns with China’s national strategy while retaining...

unclassifiedchina · asia
2d07/10

Chinese clinic extracts 12 teeth from man after he complains of ache in one tooth

A Chinese clinic has been punished by authorities after it extracted the 12 remaining teeth from a 63-year-old man with high blood pressure and heart disease, and withdrew all the money from his accounts. The man, surnamed Li, from Baoji, northwestern China’s Shaanxi province, went to the Datuanyuan Dental Clinic to have an aching tooth checked last September. Li recently told Chinese media outlets that he believed the clinic’s ads, such as “Get a dental implant in the morning and eat meat in...

unclassifiedchina · asia
2d07/10

Low prices fail to deter thieves from stealing Malaysia’s premium durians

Falling durian prices have done little to deter thieves in Malaysia, with a Penang trader losing baskets of prized Black Thorn variety in two break-ins just days apart. Wenny Ooi, 27, said thieves targeted her family’s stall twice on June 25 and June 29, marking the first break-ins since they started the business six years ago. In the first incident, two baskets of Black Thorn, also known as Or Chi, were stolen but footage from the surveillance camera shows only one thief leaving with a basket..

unclassifiedchina · asia
2d07/10

Uniqlo defies sluggish China market with double-digit profit growth

Japanese apparel retailer Uniqlo posted higher revenue and double-digit profit growth in mainland China over the three-month period ending in May, defying sluggish domestic consumption and lingering bilateral tensions. Same-store sales rose, driven by enhanced marketing and “buoyant demand” for summer products in May, when temperatures started to rise. Easy pants, UV-protection items, T-shirts and other summer products all saw strong sales, according to the earnings report from Fast Retailing,..

unclassifiedchina · asia · japan
2d07/10war-conflict · 3/5

The radar system that Taiwan says tracked the PLA’s ballistic missile launch

Taiwan gained critical information about Beijing’s ballistic missile launch this week thanks to the island’s long-range early-warning radar system and intelligence sharing with Washington. The island’s AN/FPS-115 Pave Paws long-range early-warning radar detected the missile soon after it was launched from a nuclear-powered submarine in the South China Sea, the Liberty Times reported on Wednesday, quoting a senior Taiwanese official. The system tracked the missile’s trajectory during the initial.

unclassifiedchina · asia · usa
2d07/10

Why did only 2 Hong Kong developers put up their hands for Northern Metropolis project?

Stretches of green farmland and shimmering ponds, winding village roads and sprawling brownfield logistics yards all lend Hung Shui Kiu in the New Territories a patchwork look of rustic Hong Kong standing in stark contrast to its glistening skyscrapers. This rural landscape is slated for radical transformation under the government’s ambitious Northern Metropolis blueprint and is primed to be reinvented as a modernised logistics hub in the near future. However, the premise of this transformation.

unclassifiedchina · asia
2d07/10

Investing Student Loans??

My girlfriend and I have been together for two years, and she’s currently in a doctoral program. I pay for all the bills and she lives with me for free while she’s in school. If she takes out student loans (the interest rate for a federal loan, which we were looking into is 8.07%) to cover her “living expenses” and gives me money for her “share” of the rent, groceries, gas, and other bills, would it be worth it for me to invest that money on her behalf in an ETF like VT or VOO until it’s needed?

Socialunclassifiedusa
2d07/10war-conflict · 3/5

Philippines looks to space for bird’s-eye view of South China Sea threats

The Philippines is preparing to create a military space centre by 2028, a move that could help Manila strengthen surveillance, communications and command across its archipelago and in contested areas of the South China Sea. But analysts said the ambition would be constrained by the technical, financial and manpower hurdles of turning space assets into military capability. Armed Forces of the Philippines (AFP) chief General Romeo Brawner Jnr said on Tuesday the initiative – which would enhance...

unclassifiedchina · asia
2d07/10

How the RMB Business Facility will help consolidate Hong Kong’s financial role

Hong Kong’s updated yuan financing tool for banks, featuring a quota 150 per cent larger than before, was launched on Friday, giving a significant boost to the use of the Chinese currency in daily global business. What is the RMB Business Facility? The RMB Business Facility is a funding window run by the Hong Kong Monetary Authority (HKMA) that allows participating banks to borrow yuan at the relatively cheap Shanghai three-month interbank offered rate, which is about 2 percentage points lower..

unclassifiedchina · asia · usa
2d07/10war-conflict · 3/5

The Coming Power War That Will Define the AI Era

Every great economic era has been defined by a fight over a single resource. In the 19th century, it was coal, and the British Empire was built on top of it. In the 20th century, it was oil, and the modern Middle East and American postwar dominance were both shaped by who controlled the flow. In the early 21st century, semiconductors became the world’s most critical asset, sparking the rise of Taiwan, growing trade tensions with China, and the creation of several multi-trillion-dollar tech giant

unclassifiedmiddle-east · russia · usa
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