PortsuppeApp
SearchSourcesAboutDE/EN
Home/Finance/News

Finance news

1,368 items

South China Morning Post Business2d05/25⚠ war-conflict · 3/5

Badly behaving visitors push Thailand to remove 60-day visa entry

Each morning, people in Thailand wake up to the latest viral videos on social media of drunken punch-ups, thefts, scams or acts of public indecency committed by some foreign tourists. After months of warnings, Thailand on May 19 announced the cancellation of its 60-day visa-free entry rules for 93 countries and territories in a bid to curb crime, antisocial behaviour and abuse of the visa privilege by a portion of the tens of millions of tourists who have visited the kingdom annually. Visitors..

china · asia
South China Morning Post Business2d05/25

Huawei unveils new scaling law and tech that narrows gap with TSMC, Samsung

Huawei Technologies has unveiled a new scaling law and chip architecture intended to deliver transistor performance equivalent to a 1.4-nanometre process node – representing the leading edge of semiconductor development – in a few years without relying on advances in lithography tools. The move represents a significant step by the Chinese tech giant to establish a self-reliant semiconductor ecosystem. The company claims the new Tau (τ) Scaling Law, which was presented on Monday by He Tingbo,...

china · asia · taiwan
South China Morning Post Business2d05/25⚠ war-conflict · 2/5

Hong Kong can empower commuters by embracing e-bikes

In the global shift towards carbon-neutral mobility, a striking role reversal is taking shape on the pavements of the world’s most populous cities. While geopolitical analysts focus on the high-altitude rhetoric of the Xi-Trump summit in Beijing, a more profound urban reality is unfolding at eye level. Broadcasting live from a teeming Beijing intersection, Fox News anchor Bret Baier recently captured this fascinating counter-narrative. Away from the grandeur of diplomacy, a small revolution is..

china · asia · usa
South China Morning Post Business2d05/25⚠ war-conflict · 3/5

Singapore’s economy grows on back of AI boom, defying Iran war slowdown

Singapore’s economy expanded faster than expected in the first quarter as the global artificial-intelligence boom lifted the nation’s manufacturing and services, offsetting the drag from higher crude prices. Gross domestic product grew a seasonally adjusted 1 per cent in the three months through March from the previous quarter, the Ministry of Trade and Industry (MTI) said on Monday. That is well above the government’s advance estimate of a 0.3 per cent contraction and the median forecast of a..

china · asia · usa
South China Morning Post Business2d05/25

China’s machinery giant XCMG eyes bigger scoop of global sales with green, autonomous tech

XCMG Group, mainland China’s largest construction machinery maker, aims to achieve annual overseas sales of 100 billion yuan (US$14.7 billion), luring more international clients by turning its excavators, cranes and specialised vehicles greener and more automated. Yang Dongsheng, chairman of the state-owned machinery giant, told reporters in a media briefing last week that the target would be achieved in line with the company’s ambition of building itself into a top-class machinery producer...

china · asia
South China Morning Post Business2d05/25⚠ war-conflict · 3/5

Hong Kong airport set for volume shift after flights rejigged amid fuel crisis

Hong Kong’s airport is set for a shift in volume this summer after airlines quietly swapped jet sizes and reduced scheduled flights to manage costs amid a global fuel crisis and following a jump in economy passenger fares to Europe. Some airlines told the South China Morning Post they would operate all scheduled flights beyond June after initial consolidation efforts to offset higher jet fuel prices triggered by the Middle Eastern war. According to data from analytics company Cirium, the...

china · asia · europe
South China Morning Post Business2d05/25

This compact Chinese device can detect cancer biomarkers in a drop of blood

A single drop of blood could soon be used to screen for early-stage cancer, according to Wen Liaoyong of Westlake University in Hangzhou. Wen’s team has compressed what was once a refrigerator-sized detection system into something that fits in your hand – and boosted accuracy to about 10,000 times that of conventional methods. The findings were published in the journal Nature Photonics on May 13. “This work establishes a scalable and robust nanophotonic biosensing paradigm for miniaturised,...

china · asia
South China Morning Post Business2d05/25⚠ war-conflict · 2/5

How Xiaomi’s push into AI, chips and EVs is future-proofing its hardware empire

Xiaomi is betting on artificial intelligence to future-proof its sprawling hardware empire, pouring massive resources into open-source models to ensure its next generation of smartphones and electric vehicles (EVs) does not get left behind in an AI-driven market. The Beijing-based firm’s latest AI model, MiMo-V2.5-Pro, introduced last month, was ranked by third-party benchmark platform Artificial Analysis as the world’s top open-source model for agentic capabilities – referring to an AI system’s

china · asia
South China Morning Post Business2d05/25

China mum makes son pedal sewing machine during homework to stay focused, sparks debate

A mother in central China has captivated mainland social media with an unconventional homework hack that has her restless son pedalling an old sewing machine while studying. According to Dazhong Daily, a primary boy from Anyang, Henan province, struggled to stay focused during homework. He would fiddle with his eraser, shake his legs and repeatedly leave his seat. His mother then moved his grandmother’s old sewing machine into the study and let him pedal it as he wrote. The method appeared to...

china · asia
South China Morning Post Business2d05/25

‘Wildlife injury’ forces New Zealand surfing event to be put on hold

A photographer shooting the final day of the World Surf League (WSL) in New ⁠Zealand was injured by what organisers suspect was a sea lion or shark bite on Monday, forcing the event to be put on hold for several hours. The New Zealand Pro semi-final between Brazilian world champions Yago Dora and Italo Ferreira at Raglan was halted after the ‌in-water photographer suffered puncture wounds and needed medical attention, the WSL said. “This morning one of the water photography team suffered a...

china · asia · brazil
OilPrice.com2d05/25⚠ shipping-routes · 3/5

Oil Prices Plunge Below $100 on Iran Deal Optimism

Oil prices plunged in early Asian trade on Monday following reports over the weekend that a deal to reopen the Strait of Hormuz was in its final stages. At the time of writing, both oil benchmarks had fallen by more than 5%, with Brent breaking back below $100 to trade at $98.27, while WTI fell to $91.63. Optimism around a deal was tempered somewhat on Sunday when President Trump posted on social media that he had informed his representatives "not to rush into a deal". A senior U.S. administrati

middle-east · russia · usa
South China Morning Post Business2d05/25

Shock absorber: will Asean’s power grid be up to the task by 2045?

Southeast Asia has been planning a unified electricity grid since 1997. Now, nearly 30 years later, its leaders are giving renewed impetus to the push to get energy flowing seamlessly across borders and seabeds. In Cebu earlier this month, leaders of the Association of Southeast Asian Nations put the power grid’s development high on their summit agenda, aiming to better insulate the region against the next big energy shock. But as regional governments try to turn the decades-long dream of an...

china · asia
← PrevPage 12 / 46Next →