Malaysia’s police sought help from Hong Kong authorities in its 1MDB probe that includes the hunt for Jho Low, the alleged mastermind behind the billion-dollar scandal. The police have sent letters and information to their Hong Kong counterparts to seek help in the investigation, Inspector General of Police Abdul Hamid Bador said in Kuala Lumpur […] Read more
As China grapples with rising unemployment and slowing growth, some say a needed economic boost could come from new business approaches to hiring. The systemic challenges run deep. In one indication, a Chinese reality TV show featuring female contestants in their 30s to 50s jumped to the top of the charts after premiering last month. The show […] Read more
TikTok users in the U.S. and Hong Kong are deeply concerned after realizing that political matters may have jeopardized their future on the app. U.S. Secretary of State Mike Pompeo told Fox News on Monday that he is “looking at” banning TikTok and other Chinese social media apps amid rising tensions between Washington and Beijing. Within […] Read more
The Luckin Coffee fraud scandal was a “great morality tale” for markets, and more needs to be done to protect American investors from such cases, said an analyst, who said a bill to delist Chinese companies in the U.S. is essentially toothless. “It’s a great morality tale. It seems to me that those of us […] Read more
A Chinese aviation firm has said it hopes to start testing a new jet next year, prompting speculation that it may be working on a naval version of the FC-31. The fifth generation fighter, also known as the Gyrfalcon, has so far failed to attract buyers from the Chinese air force or foreign militaries, but […] Read more
China has hit back at what it calls Washington’s “suppression of Chinese media” by demanding that four US news organizations declare details of their finances and staffing in the country. The Associated Press, United Press International, CBS News and NPR News must submit relevant paperwork to the Chinese government within seven days, Foreign Ministry spokesman […] Read more
Huawei could be banned from participating in India’s 5G network rollout, just months after it was given the green light to participate in the country’s trials for the technology. It comes after the Indian government said it would block 59 Chinese apps such as TikTok and WeChat, claiming they were a threat to national security. As […] Read more
Morgan Stanley is bullish on Singapore stocks and expects as much as 14% returns for the MSCI Singapore index over the next 12 months. In fact, investors could increasingly be looking to Singapore as a safe place to invest in as uncertainty roils the region, the investment bank said. “We could see inflows supported by […] Read more
The UK government’s planned post-Brexit trade deal with the US has been threatened by a revolt among Tory peers and MPs in Conservative-voting country shires where there are mounting anxieties about a collapse in food and farming standards. The much-vaunted agreement would be the biggest prize in a raft of trade deals the UK hopes to […] Read more
Australians’ trust in China has dropped to a record low amid the coronavirus crisis, according to an annual nationwide poll conducted by think tank, Lowy Institute. Only 23% of Australians surveyed said they “trust” China “somewhat or a lot to act responsibly in the world,” compared to 52% in the same poll conducted in 2018. […] Read more
