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16d06/30

Hong Kong, mainland China to start sharing data this year: tech minister Sun Dong

As Hong Kong marks the 29th anniversary of its return to Chinese rule on July 1, the South China Morning Post talks to the city’s senior officials about the administration’s achievements so far and what may lie ahead. Hong Kong and mainland China are expected to begin sharing cross-border data within the year, when more companies will start operating in the Hetao innovation hub, the tech minister has revealed. In a wide-ranging interview with the South China Morning Post, Secretary for...

◇ unclassifiedchina · asia · usa
16d06/30⚠ sanctions · 3/5

India’s Russian Oil Boom Outlives the Hormuz Shock

Indian crude imports set several records in June. Total inflows reached about 5 million b/d, the highest level ever recorded for the month. Of that, 2.6 million b/d came from Russia, equivalent to 54% of India’s total crude imports and a historic record for Russian-Indian trade. Russian supplies, which had fallen to around 1.1 million b/d in February under sanctions pressure from Washington, more than doubled within four months and became a key pillar of India’s energy-security strategy. India’s

◇ unclassifiedmiddle-east · russia · usa
16d06/30⚠ sanctions · 2/5

US, China should de-escalate from tit-for-tat actions, US lawmaker says

US Senator Steve Daines has urged Washington and Beijing to avoid escalating tensions through tit-for-tat actions, citing China’s recent export controls against American rare earth firms and the Pentagon’s decision to blacklist several Chinese technology companies. “These are unfortunate developments,” the Republican Senator from Montana said on Monday. Daines is a member of two of the most powerful committees in the US Senate: the Foreign Relations and Finance Committees. “The escalation on...

◇ unclassifiedchina · asia · usa
16d06/30

Resources on investment analysis and portfolio building

Hello, I am looking for resources. I want some real world examples of investment analysis. If you have any links pls share. I want to look at someone's work; how they went about evaluating an investment, examples of how portfolios were put together, examples of sensitivity analysis, Monte Carlos, anything. I want to create my own portfolio. I have a good math background and am reading a finance textbook. The textbook is great and I am learning, but I would like some hands on learning. In trying

Social◇ unclassifiedsocial-signal
16d06/30

US hollows out G20 agenda, casts Miami summit as ‘backdrop for Trump-Xi meeting’: sources

The United States is working to hollow out the G20’s agenda and turn its December summit “into a backdrop” for a likely meeting between US President Donald Trump and Chinese President Xi Jinping in Miami, the South China Morning Post has learned. Two delegation members described the effort as the group’s top negotiators, also known as sherpas, met in Washington on Monday and Tuesday for their second in a planned series of sessions to draft the Joint Declaration that leaders are to issue at the..

◇ unclassifiedchina · asia · usa
16d06/30

US must innovate faster to counter China’s tech rise, lawmakers told

A US congressional hearing on Tuesday urged the United States to innovate faster, smarter and better to counter China’s growing technological muscle, even as several lawmakers slammed the US President Donald Trump administration for policies they said undercut US national interests. The testimony before the House Committee on Energy and Commerce comes as the two economic giants increasingly and aggressively face off over standards, economic models and supply chains, despite last month’s summit..

◇ unclassifiedchina · asia · usa
16d06/30

UK trade secretary hosts Chinese delegation in bid to boost services

UK Trade Secretary Peter Kyle is seeking to boost UK services exports to China as he hosts a delegation from the country on Tuesday. Peter Kyle and China’s Commerce Minister Wang Wentao will jointly host the 15th UK–China Joint Economic and Trade Commission at Mansion House in London. They will launch a “trade booster” initiative designed to support UK businesses expanding their exports into China during the visit. Brompton Bikes and HSBC are among the British businesses attending, while firms..

◇ unclassifiedchina · asia · usa
16d06/30

UK patient tested for possible Ebola as cases rise in Africa

A hospital in Scotland is testing a patient for Ebola as central Africa faces a deadly outbreak of the virus. The person arrived at the Queen Elizabeth University Hospital in Glasgow on Tuesday, according to a report from the BBC. A representative for the hospital declined to comment. Public Health Scotland (PHS), the government health agency, said there are no confirmed cases in the country and the risk to the public remains low. The UK’s National Health Service has “safe procedures in place...

◇ unclassifiedchina · asia · uk
16d06/30

Do you feel the need to leave Europe to get rich?

For anyone in Europe trying to build wealth and achieve financial independence, especially younger people, do you feel like your European country is holding you back? I keep seeing things online about how people are fleeing Germany, UK, France, etc because these countries are high tax and not convenient for doing business. Of course you don't have to leave Europe; countries like Switzerland and Bulgaria are lower tax, but on the whole Europe is not the easiest place to become a millionaire. For

Social◇ unclassifiedeurope · germany · uk
16d06/30

The great AI reckoning: how China is flipping the script on US’ new industrial revolution

As the United States marks the 250th anniversary of its founding, it confronts a new world order dominated by its relationship with China. In this wide-ranging series, we examine the pressure points and possibilities in those ties, from hard tech to soft power. Here, Vincent Chow looks at how China challenges core American assumptions about innovation and technology, and the historical stakes of their competition in artificial intelligence. In 1969, the renowned British sinologist Joseph Needham

◇ unclassifiedchina · asia · usa
16d06/30⚠ war-conflict · 3/5

Australia’s Oil and Gas Exploration Set for Renaissance

Oil and gas companies operating in Australia are lining up plans to boost oil and gas exploration as activity picks up amid the energy crisis in the wake of the Iran war. Australia, which has had to cope with a fuel supply crisis since the Middle East conflict began, is one of the world’s top LNG exporters. Still, it assesses its domestic gas availability every quarter, and the regulators have often raised an alarm over potential gas supply shortages in some parts of the country. Energy Security

◇ unclassifiedmiddle-east · russia · usa
16d06/30

State-managed equity funds and political risks

I'm actually a fan of ETF's and government equity funds such as. B. the Swedish pension fund. Now that Germany wants to put an admittedly small part of the pension into a fund, I asked myself what kind of dependency we will have on the USA in the future, since Trump has already shown where the journey could go with his “Big Beautiful Bill”. What actually prevents the USA from, e.g. B. threaten Sweden tomorrow in a hypothetical trade dispute,

Social◇ unclassifiedgermany · usa · europe
16d06/30

Trump ally Steve Daines rejects claims of talks with KMT leader

Republican Senator Steve Daines said he did not meet with Cheng Li-wun, the leader of Taiwan’s main opposition Kuomintang party, during her US visit earlier this month despite Cheng’s statements to the contrary, saying she met only with members of his staff. “She met my staff. She did not meet me,” the conservative lawmaker from Montana told the South China Morning Post on Monday. Cheng visited Washington earlier this month as part of a broader effort to strengthen ties with US policymakers...

◇ unclassifiedchina · asia · usa
16d06/30

Do BN(O) migrants dream of air conditioning?

When I was still working from the South China Morning Post’s office in Hong Kong, I fought with my expat colleagues throughout the summer over control of the thermostat. There were basically two tribes. I generalise here a bit, but essentially the locals wanted it freezing, which admittedly was bad for the environment and rather excessive. The expats, however, wanted it just a few degrees lower than outside, which seemed to defeat the purpose of air conditioning. When my late boss Simon, who was

◇ unclassifiedchina · asia
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