US sees surprise jobs surge, presenting dilemma for Federal Reserve
South China Morning Post
by Reuters
54m ago
Firms added more than half a million jobs last month, presenting a puzzle for policymakers in their battle against inflation ..read more
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UK man admits treason in crossbow plot to kill Queen Elizabeth
South China Morning Post
by Associated Press
2h ago
Jaswant Singh Chail had scaled a wall with a rope ladder and entered castle grounds wearing a metal mask and carrying a loaded weapon ..read more
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Misery at tills as Hong Kong’s retail figures drop 0.9 per cent in 2022, but experts predict uptick in second half of this year
South China Morning Post
by Jess Ma
3h ago
Retail sales amounted to HK$349.9 billion last year, while total volume fell by 3.4 per cent over 2021’s figures ..read more
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How Blinken’s visit can bring some stability to volatile US-China relations
South China Morning Post
by Bates Gill,Evan S. Medeiros
3h ago
While modest expectations are healthy, Blinken has the opportunity to offer a vision for the US-China relationship, gain meaningful cooperation on US priorities and open channels of dialogue critical to keeping intensifying competition from spiralling into conflict ..read more
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‘Metallurgist of fashion’ designer Paco Rabanne dies at 88
South China Morning Post
by Associated Press
5h ago
The haute couture designer was known as a rebel who created ‘space-age’ dresses made of plastic and metal ..read more
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Top US envoy postpones trip to China after Beijing confirms ownership of balloon
South China Morning Post
by Orange Wang,Robert Delaney
5h ago
US Secretary of State Antony Blinken will reschedule his visit, State Department says, as some US lawmakers call for the balloon to be shot down ..read more
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Hong Kong won’t bounce back to pre-pandemic prosperity without new strategies, mainland Chinese think tank warns
South China Morning Post
by Cannix Yau,Zhuang Pinghui
5h ago
Border reopening just ‘signal that the worst is over for Hong Kong’, not a breakthrough for economic and social development, professor says ..read more
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Hong Kong official warns against stirring up conflict over temporary public housing scheme as Kai Tak residents threaten to step up opposition
South China Morning Post
by Edith Lin
6h ago
Deputy Financial Secretary Michael Wong defended ‘light public housing’ scheme, which includes plans to build 10,000 homes on commercial site in Kai Tak ..read more
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China internet firms report first-ever combined revenue decline in 2022 as Alibaba and Tencent momentum wanes
South China Morning Post
by Lilian Zhang
6h ago
Combined revenue at China internet firms fell 1.1 per cent from a year earlier, as the sector was battered by strict pandemic controls, a slowing economy and a regulatory crackdown ..read more
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Pressure is building for Japan to give up its ultra-loose monetary policy
South China Morning Post
by Tai Hui
6h ago
Rising inflation and a weak yen are prompting expectations of a policy shift and a bond sell-off. The Bank of Japan will have to move carefully to avoid market volatility ..read more
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