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BUSINESS2d agoHong Kong ranks third globally as philanthropy hub, behind New York and Seoul, study findsHong Kong has emerged as the third best city in the world for wealthy individuals seeking to make philanthropic contributions over the medium term, trailing New York and Seoul, according to a study by Altrata. The inaugural Giving Opportunity Index by the US-based group that tracks the world’s affluent population ranked 100 cities based on three criteria: wealth, donor affinity and philanthropic infrastructure. The study defined the “global wealthy” as individuals with a net worth of more than...South China Morning Post
WORLD2d agoCross-border matchmaking can lead to financial ruin, Chinese police warn rural menAuthorities in the central Chinese province of Hunan have warned of the potential risks of cross-border arranged marriages, saying some relationships lack genuine emotional foundations and can lead to financial ruin or legal trouble. Marriages can be risky when they are organised by illegal matchmaking agencies that charge high fees, according to a post on the Xintian county police branch’s social media account on Tuesday. For-profit international matchmaking is illegal in China. The post...South China Morning Post
BUSINESS2d agoSouth Korea shares test 200-day moving average for first time in 17 monthsSouth Korean shares are testing a key financial indicator for the first time in over a year, which could signal a significant market trend. This development is notable for market analysts and investors tracking economic performance.Seeking Alpha Tech
DISASTER2d agoIndonesians urge Singapore, Malaysia to sue Jakarta as haze blankets regionSouth China Morning Post
BUSINESS2d agoTSMC open to Terafab collaboration but insists on controlling its own plantsTSMC is reportedly willing to collaborate on Terafab projects but maintains its stance on retaining control over its manufacturing facilities. This highlights a key business strategy in the semiconductor sector regarding partnerships and operational autonomy.Seeking Alpha Tech
POLITICS2d agoTaiwan president urges Micron, unions to resolve bonus disputeTaiwan's president has urged Micron and labor unions to resolve their bonus dispute. This indicates government attention to a significant industrial relations issue that could affect a major company and its workforce.Seeking Alpha Tech
POLITICS2d agoChina and North Korea open New Yalu River Bridge after 12-year delayChina and North Korea opened a new four-lane road bridge on Thursday, 15 October, ending a 12-year delay and creating a major new route for cross-border trade.Africanews [en]
POLITICS2d agoChina and North Korea open New Yalu River Bridge after 12-year delayChina and North Korea opened a new four-lane road bridge on Thursday, 15 October, ending a 12-year delay and creating a major new route for cross-border trade.EuroNews [en]
POLITICS2d agoNorth Korea, China open border bridge after 12-year delayTwelve years after it was constructed, the New Yalu River Bridge between China and North Korea is finally operational. It is the latest sign of warming ties between the two nations.DW News [en]
WORLD2d agoVietnamese-language driver’s license tests suspended in Japan following alleged cheatingDriver’s license testing centers are pretty touchy about people taking photographs inside of them. Honestly, that seems like it should be common sense, but since common sense isn’t…Japan Today
WORLD2d agoMan arrested over death of co-resident at group home for people mental disabilitiesPolice in Fukutsu City, Fukuoka Prefecture, have arrested a 67-year-old man on suspicion of murder after he allegedly strangled a fellow resident at a group home for people…Japan Today
CYBER2d agoPolice arrest YouTuber on suspicion of defamation after man diesJapanese police have arrested a 28-year-old YouTuber on suspicion of defamation after he posted a video online referring to a former real estate company executive as "a con…Japan Today
HEALTH2d agoPublic warned of poisonous mushrooms resembling edible varietiesJapan's health ministry is warning people heading to the mountains this fall to beware of poisonous mushrooms that closely resemble edible varieties and can cause death. More than…Japan Today
WORLD2d agoAbby Choi’s partner tells court her ex-father-in-law helped resolve his HK$5m debtSlain Hong Kong socialite Abby Choi Tin-fung’s partner has acknowledged that her former father-in-law helped resolve a dispute over his HK$5 million gambling debt but maintained he was not obliged to repay it because he believed the company he owed would fold. Chris Tam Fong-chun told the High Court on Thursday that he had refused to repay a loan he took out while gambling at a casino run by Suncity Group in August 2021, saying he thought it would be foolish to pay a company that was about to...South China Morning Post
MILITARY2d agoRussian nuclear-powered submarine fires missiles during Pacific drillsRussia's Pacific Fleet has test-fired cruise missiles from a nuclear-powered submarine, striking a target 1,200km away.Al Jazeera [en]
BUSINESS2d agoEarnings Snapshot: Taiwan Semiconductor Manufacturing tops Q3 estimates, gives Q4 revenue guidance above estimatesTaiwan Semiconductor Manufacturing exceeded third-quarter earnings estimates and provided fourth-quarter revenue guidance that also surpassed expectations. This indicates strong financial performance for the major semiconductor company.Seeking Alpha Tech
MILITARY2d agoChina’s Military Expansion in Southeast Asia Masks a More Complicated RealityThe Chinese Ministry of Defense’s announcement of a “joint support and training center” at an airport in Ban Keun, Laos, on Sept. 29 drew attention to the People’s Liberation Army’s growing footprint in Southeast Asia. Although China does not call it a “base” and said it’s “not targeted at any third party,” it is China’s first publicly acknowledged overseas military facility centered on airpower. Ban Keun joins Djibouti and Cambodia’s Ream Naval Base as nodes in a burgeoning network of overseas Chinese security infrastructWar on the Rocks
SCI & TECH2d agoOver 1,000 Hongkongers to ride Baidu’s robotaxis in city-first public trialMore than 1,000 residents are expected to ride in autonomous vehicles (AVs) after Chinese technology giant Baidu launches Hong Kong’s first large-scale public trial next week. Baidu’s robotaxi platform, Apollo, will run the trial in Tung Chung from October 21 to November 3, inviting more than 1,000 residents to take part. Iris Wong Man-hei, senior project and business development manager for Baidu’s intelligent driving group, described the trial as a “milestone” for the city’s autonomous driving...South China Morning Post
DISASTER2d agoFlooded homes and rising costs: Why some Thai villages are paying the price to protect BangkokAs climate change causes more frequent and severe flooding, could cities in Europe face the same tough choices?EuroNews [en]
WORLD2d agoSouth Korean boss jailed for shooting industrial air gun into Thai worker’s anusA South Korean manufacturing company owner accused of severely injuring a migrant worker by firing high-pressure air from an industrial air gun into his body has been sentenced to three years in prison. Judge Koo Na-young of the Suwon district court on Thursday sentenced the owner of a metal-cleaning company, a man in his 60s identified only as A, to three years in prison on charges of aggravated bodily injury and violations of the Labour Standards Act. The court dismissed the case against A’s...South China Morning Post
BUSINESS2d agoTSMC profits surge amid relentless AI demandWorld’s leading contract chipmaker beats estimates in third quarterFinancial Times
WORLD2d agoNorth Korea and China Open Their Biggest Border BridgeThe long-delayed opening of the New Yalu River Bridge comes as the two countries expand trade despite international sanctions imposed on North Korea.NYT World
BUSINESS2d agoTaiwan chip giant TSMC says net profit hit record in third quarterTaiwanese chip giant TSMC said on Thursday that net profit soared 68.7% to a record high in the third quarter, buoyed by massive global demand for AI hardware.EuroNews [en]
POLITICS2d agoEU summit to focus on China, Ukraine and bloc budgetEU leaders meeting in Brussels will examine measures to curb the bloc's huge trade deficit with China. But they will also be looking to further agreement on the next EU budget ahead of some major elections next year.DW News [en]
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