Thursday, February 26, 2026

Headline Clips | SCMP

 

Diplomacy

5 top takeaways from Trump’s 2026 State of the Union address

In a speech that runs nearly two hours, Trump casts himself as a global peacemaker and touts his economic credentials.
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Diplomacy

Open Questions | Abraham Newman on ‘weaponised interdependence’ in ‘neo‑royalist’ Trump era

American political scientist on how ‘interdependence’ can be exploited as part of the rivalry between major powers.

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Tech War

Anthropic’s allegations against Chinese firms expose AI training grey area

The US AI lab says DeepSeek, Moonshot AI and MiniMax AI used its systems to improve their models’ capabilities.

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Anthropic said that DeepSeek, Moonshot AI and MiniMax AI allegedly used roughly 24,000 fraudulent accounts to generate more than 16 million exchanges with its Claude models. Photo: AFP

Global Economy

China’s tech surge leaves Japan and South Korea trailing in global rankings

Propelled by strategic R&D, China’s tech prowess is now the third highest, with key sectors such as batteries and biotech showing big gains over rivals.

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Tech Trends

China’s MiniMax, Moonshot top AI token use ranking, ending year of US dominance

AI hosting platform OpenRouter’s latest ranking shows high demand for Chinese open-source models following a series of new releases.

Big Tech

Xiaomi deepens push into chips and AI as peers race to develop humanoid robotics

Xiaomi bets big on core technologies, including operating systems, to position itself as a deep-tech player amid China’s self-reliance push.

Xiaomi CEO Lei Jun says the biggest advantage of private enterprises is their proximity to the market and users. Photo: Handout

Diplomacy

5 top takeaways from Trump’s 2026 State of the Union address

In a speech that runs nearly two hours, Trump casts himself as a global peacemaker and touts his economic credentials.

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24

Science

Smaller, faster, smarter: Chinese transistor ready for future AI chips

Breakthrough said to overcome long-standing limitations of traditional ferroelectric transistors, ‘paving way for large-scale application’.

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Science

Nearly all advanced nations are part of a defence pact. Will China try to join?

International regime controls defence tech exports but a push for self-reliance has seen Chinese weaponry surpass that of Western nations.

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Diplomacy

K-pop’s big freeze: are cracks in China’s cultural blockade a thaw?

A decade-long geopolitical chill has kept South Korean entertainers largely locked out of the Chinese market, but fans find ways to connect.

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Global K-pop phenomenon BTS has just unveiled plans for their biggest tour yet, but it will not include any stops in mainland China. Photo: Reuters
MULTIMEDIA
Video

Record surplus prompts Hong Kong government to offer tax relief, sweeteners

Finance chief Paul Chan said he aims to “relieve the economic pressure faced by the people and enterprises”
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Video

Heavy rain triggers serious flooding in Bali

No fatalities reported despite days of heavy rain that left many trapped in homes and vehicles.
Video

Trump’s first State of the Union speech since return to White House

In a speech that runs nearly two hours, Trump casts himself as a global peacemaker and praises his economic credentials.
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Video

Why did 72 tigers die at Thai tourist park in under 2 weeks?

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Banking & Finance

Why China’s rise as a ‘financial superpower’ could depend on Hong Kong

From the yuan’s growth as a global currency to IPO funding to tokenisation, the city is a linchpin in Beijing’s ambitions.

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Global Economy

‘Chinese everywhere’: why tourists ditch Tokyo for Seoul as Japan ties sour

Diplomatic row with Japan sent more Chinese travellers packing for Korea, filling its hotels over the nine-day holiday and offering relief to a sluggish domestic economy.

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Europe

Norway’s former PM in hospital following Epstein files disclosures

Diplomacy

China versus the West? Wang Yi tells UN no country is ‘human rights teacher’

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Big Tech

Huawei’s revenues surge to US$127 billion as it continues to defy US sanctions

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Education

Academic innovation can help budding entrepreneurs overcome future challenges

In partnership with:
Xi’an Jiaotong-Liverpool University
Xi’an Jiaotong-Liverpool University, in eastern China, helps its students develop an entrepreneurial mindset to prepare them for a dynamic, technology-driven world.
Hong Kong


China Business

Hong Kong stocks extend rebound as Nvidia’s earnings beat boosts AI trade

Hang Seng Index rises for a second day as Nvidia’s earnings rekindle AI optimism.

Nvidia’s earnings resilience boosted optimism that massive AI spending can be sustained. Photo: Shutterstock

Big Tech

China’s Huawei joins US giants OpenAI, Google in AI standards alliance

In a rare instance of collaboration, the Chinese tech titan will partner with US and European firms to improve standards in the field.

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Huawei Technologies has joined US companies OpenAI, Google and other industry leaders to advance global open-source standards in the rapidly advancing field of agentic artificial intelligence. Photo: AFP/China OUT

Diplomacy

US to keep China tariffs steady ahead of key Trump-Xi meeting: Greer

Trade envoy confirms levies on Chinese goods to remain within range of 35 per cent to 50 per cent depending on the product as tensions ease.

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Big Tech

 

 

ByteDance valuation said to hit record US$550 billion in proposed equity sale

Pending sale by US private equity firm General Atlantic shows ByteDance’s valuation has surged from US$400 billion as recently as mid-2025.

The ByteDance logo is seen at the company’s office building in Shanghai, on July 4, 2023. Photo: Reuters

Football

Fifa boss ‘very reassured’ about World Cup in Mexico despite violence

Host city Guadalajara rocked by attacks, while Portuguese Football Federation casts doubt on team playing friendly on March 29 in Mexico City.

Fifa President Gianni Infantino made the comments while visiting the Colombian city of Barranquilla. Photo: Reuters

Global Economy

Trump’s USMCA exit threat seen pushing Canada into China’s arms

Analysts expect Ottawa to diversify trade as future of North American trade pact remains uncertain, while a US departure would ‘hit Canada like an earthquake’.

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Canadian Prime Minister Mark Carney appears alongside President Xi Jinping at the Great Hall of the People in Beijing on January 16. Photo: Reuters

Hong Kong Economy

Paul Chan’s new budget sets aside HK$30 billion to kick-start Northern Metropolis

Companies overseeing megaproject’s Hetao Hong Kong Park, San Tin Technopole and Hung Shui Kiu Industrial Park to each get HK$10 billion.

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The Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone is among projects set to get a funding injection. Photo: Eugene Lee

Business

Hong Kong to speed up stock settlement time to catch up with West, mainland China

HKEX proposes to shorten stock settlement cycle from current two days after transactions to one day to bolster city as global financial centre.

Financial Secretary Paul Chan has said the HKEX will introduce more listing reforms to provide specific guidelines for overseas companies seeking secondary listings in Hong Kong, Photo: AP

Tech Trends

China’s MiniMax, Moonshot top AI token use ranking, ending year of US dominance

AI hosting platform OpenRouter’s latest ranking shows high demand for Chinese open-source models following a series of new releases.

Chinese open-source AI models’ surge to the top of token usage on OpenRouter ended US labs’ reign on the platform’s leaderboard over the past year. Photo: Shutterstock
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