“Explore in-depth articles, news, and insights focusing on Asia’s dynamic regions, cultures, economies, and current affairs. Stay updated on key trends, developments, and analyses shaping the Asian continent.”
Robbers used a large drill to break into a German savings bank’s vault room and steal cash, gold and jewellery worth some €30 million (US$35 million), police said on Tuesday. The robbery in the western city of Gelsenkirchen saw the thieves break into more than 3,000 safe deposit boxes, they said. While the criminals remained…
All of Hong Kong’s 28 retail banks, including virtual ones, will offer an anti-scam service from Wednesday that requires extra verification before money can be withdrawn, with 3,200 people depositing HK$1.6 billion (US$206 million) during a trial. Hong Kong Monetary Authority deputy chief executive Arthur Yuen Kwok-hang said on Tuesday that around 20 per cent…
Ukrainian President Volodymyr Zelensky said he asked Donald Trump for US security guarantees lasting as long as half a century to help deter against any future Russian invasion. Current proposals under discussion as part of a peace plan set out a 15-year term with the possibility for an extension, though “I would like the guarantee…
For over 2,000 years, the history of Myanmar has been written in the shadow of the giant to the north. From the Pyu city-states sending tribute to the Tang court, to the Konbaung kings holding off Qing invasions in the 1760s, our ancestors understood a fundamental truth: Myanmar must be the bamboo that bends with…
Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. PLA holds drills around Taiwan in warning to ‘separatists’ after US arms deal The large-scale drills are being conducted by the PLA’s Eastern Theatre Command. Photo: AFP The People’s…
Taiwan is seeking to fuse satellite, radar and drone data into a “connectivity” network as part of Taiwanese leader William Lai Ching-te’s multibillion-dollar bid to build a layered defence shield to counter Beijing’s possible missile attacks. The plan, which Lai calls the “Taiwan shield” and officials and analysts often refer to as the backbone of…
Volcano Engine, the cloud computing unit of Chinese tech giant ByteDance, said on Monday it has secured an “exclusive AI cloud partnership” with the Spring Festival Gala – a marquee slot that underlines the company’s ambition to turn its artificial intelligence cloud business into a national-scale platform. Volcano Engine said the deal – built on…
Recent data on China’s external accounts presents a conundrum: while the country’s trade surplus has broken records, surpassing the US$1 trillion benchmark in the first 11 months of the year, growth in its official foreign exchange reserves has lagged. This seeming paradox prompts a question – where did the money go? Analysts said the gap…
Myanmar’s dominant pro-military party claimed an overwhelming victory in the first phase of the elections, a senior party official said, after democracy watchdogs warned the junta-run poll would entrench military rule. The armed forces snatched power in a 2021 coup, but on Sunday opened voting in a phased month-long election they pledge will return power…
