HKEX profit jumps 36% to another record high on surging turnover, IPOs

Breaking down the key figures in Hong Kong 2026-27 budget

Viral video of child being shoved at iconic Tokyo crossing stokes outrage and debate

A video of a young girl being shoved while posing for a photo at Tokyo’s iconic Shibuya Crossing has amassed over 9 million views in one day and ignited an online row over safety, manners and tourist behaviour. The clip was posted on Wednesday by a Taiwanese social media user who goes by peipeilin527 and said the incident happened on her family’s last night in Japan. “I was thinking of taking photos at the famous Shibuya Crossing on my last night there, but some mean-spirited person pushed my...

Cambodia’s Hun Manet denies state profiting from scam centre proceeds

Cambodia’s Prime Minister Hun Manet said on Wednesday that scam centres were destroying his country’s economy and giving the nation a bad name – pushing back on allegations of government connivance. The nation has emerged as a hotspot for crime syndicates running a multibillion-dollar fraud industry that sees scammers lure internet users globally into fake romantic relationships and cryptocurrency investments. “The scam network, what we call the black economy, is destroying our honest economy....

Chinese embassy in Angola warns citizens not to fall foul of immigration crackdown

The Chinese embassy in Angola has issued a warning about a crackdown on illegal immigration in the African country, urging its citizens and companies to make sure they follow the correct visa procedures. In a social media post on Wednesday, the embassy warned that Chinese citizens had been among those detained, fined or deported by the Angolan authorities. “We have warned Chinese companies and citizens repeatedly to follow Angola’s laws, find jobs and operate businesses legally,” it said,...

Hong Kong fugitive’s father jailed for trying to cash out her insurance policy

A Hong Kong court has sentenced the father of a wanted activist to eight months in jail for attempting to cash out an insurance policy worth more than HK$88,000 (US$11,251) in his daughter’s name, rejecting suggestions that the sentence amounted to “collective punishment” against a relative of a fugitive. Kwok Yin-sang, 69, became the first person jailed for trying to deal with the financial assets of an absconder – his 29-year-old daughter, Anna Kwok Fung-yee, a United States-based activist who...

What Deliveroo’s Singapore exit says about the city state’s food delivery wars

At the height of the Covid-19 pandemic, sales director Sabir Ansari relied on Deliveroo almost daily for burgers and pasta delivered to his door in Singapore. Over time, the 31-year-old said, it became harder to justify the service’s costs as rival platforms such as Grab and Foodpanda offered more food options and aggressive promotions that made “delivery fees way cheaper”. “It was a no-brainer,” he said. For Deliveroo, that kind of calculation among consumers became increasingly...