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BUSINESSAug 27Hong Kong remains most international city in Asia, widening lead over SingaporeHong Kong has widened its lead over Singapore as Asia’s most international city, buoyed by gains in innovation and ideas, but still trails in attracting technology investment, a leading business chamber study has found. The Hong Kong General Chamber of Commerce’s annual Asian Cities Internationality Index, released on Thursday, ranked Hong Kong first among 11 Asian cities with 74.6 out of 100 points in a measure of seven key areas. Its lead over Singapore widened to two points, up from 0.2...South China Morning Post
WORLDAug 27Bears and pest control: how Japan is spending its departure tax windfallBillions of yen from a higher departure tax that Japan plans to use to support tourism are being channelled into projects that critics say offer limited direct benefit to travellers, including measures to prevent bear attacks and eradicate an invasive beetle. The Japanese government expects to raise 130 billion yen (US$817.7 million) in the 2026 financial year from the International Tourist Tax, after increasing the levy last year on anyone leaving the country through an airport or seaport. The...South China Morning Post
BUSINESSAug 27China industrial profit growth in July slumps to 7-month low of 11.2%China's industrial profits growth in July slowed to its weakest pace this year, as soft demand and a broader slowdown in the economy weighed on manufacturers.CNBC
MILITARYAug 27South Korean ex-spy reveals toll of secret missions to North: ‘treated as expendable’In 1984, Ha Tae-jun, then 24, spotted a notice recruiting for a special unit at the Military Manpower Administration office in central Seoul’s Yongsan district. The notice was scrawled on the wall in marker, with little explanation. Ha applied, and his life was changed forever – training as a South Korean operative for covert missions into North Korea. “About a month after submitting background check documents, they said I’d passed and told me to meet at a cafe near my house,” said Ha, now 66...South China Morning Post
SCI & TECHAug 27A robot sprinter shatters a 100 - meter record again as sparks fly at China robot competitionA robot sprinter has reportedly broken its own 100-meter record at a robot competition in China, showcasing advancements in robotic locomotion. This event highlights the competitive development in robotics.krmg.com · United States
CYBERAug 27US accuses China of hacking NASA , Fed and critical infrastructureaustinglobe.com · United States
SCI & TECHAug 27World Humanoid Robot Games In Beijing Break RecordsHumanoid robot games held in Beijing reportedly broke previous records. This event showcased advancements and competitive achievements in robotics.newsradio1470.iheart.com · United States
BUSINESSAug 27What does PwC’s China setback mean for the Big Four?Hong Kong court allows liquidators of collapsed property group Evergrande to pursue the body at the centre of PwC’s global network for audit failingsFinancial Times
WORLDAug 27Wanted in Hong Kong: the theatrical equivalent of a hawker centreOn a Saturday evening, Causeway Bay crackles with its famous retail energy, yet by 9 o’clock the streets begin their nightly death. There is nowhere magnetic to spill into – no late-night jazz den, immersive dinner theatre or playhouse humming with an experimental musical. Nearby, the 40,000-seat Hong Kong Stadium squats in silence while the catering rooms of the Happy Valley racecourse sit largely empty on non-race nights. This dead zone between one of the world’s densest shopping districts and...South China Morning Post
WORLDAug 27Taiwan man wins lawsuit but gets jailed for using robot vacuum to record wife’s affairA man in Taiwan who used a robot vacuum cleaner to gather evidence of his wife’s affair won a civil lawsuit but was subsequently sentenced to prison for invading her privacy. A recently released court ruling, reported by local media, disclosed that the man, whose identity remains confidential, got married in 2021. The couple lived with his parents and only visited their holiday home during holidays. In September 2023, the man discovered a used toothbrush at the holiday home, heightening his...South China Morning Post
DISASTERBREAKINGAug 27Hong Kong issues red rainstorm warning as morning and whole-day classes suspendedHong Kong’s weather forecaster has downgraded the red rainstorm warning to amber, while education authorities announced that afternoon classes would proceed even though morning and whole-day schools were suspended. The Observatory earlier issued the red signal – the middle level in a three-tier system – at 5.05am, and soon after also issued a Special Landslip Advisory warning of potential landslides in Po Toi Island due to heavy rain. The forecaster downgraded the warning to amber at 9.20am, as...South China Morning Post
BUSINESSAug 27Bank of Korea hikes rates again as core inflation stays elevatedThe Bank of Korea hiked rates by 25 basis points to 3%, its highest since January 2025 and in line with expectations.CNBC
SCI & TECHAug 27China launches world’s first 100kW bamboo-built floating solar farm off Shandong coastChina has launched the world’s first 100-kilowatt (kW) floating solar farm built with bamboo frames, offering a more environmentally friendly approach to offshore energy. The floating solar platform, named Jilin-2, is made of composite bamboo tubes and pipes. It has been deployed at a demonstration base off the coast of Yantai in the eastern province of Shandong. It will supply power to an integrated hydrogen, ammonia and methanol production project, manufacturer Yantai CIMC Raffles Ocean...South China Morning Post
DISASTERAug 27ANA aircraft approached ground, descended without visual confirmation of runway; Japan Transport Safety Board issues reportThe Japan Transport Safety Board has issued a report concerning an ANA aircraft that approached the ground and descended without visual confirmation of the runway.Asahi Shimbun
CYBERBREAKINGAug 27US accuses China of hacking NASA , Fed and critical infrastructurejamaicantimes.com · Jamaica
SCI & TECHAug 27World Humanoid Robot Games In Beijing Break RecordsThe World Humanoid Robot Games held in Beijing have reportedly broken records. This event showcases advancements and competitive aspects in the field of robotics.wvoc.iheart.com · United States
DISASTERBREAKINGAug 27Officials say 24 Canadians missing after flash floods in Nepal and Chinawellandtribune.ca · Canada
CYBERBREAKINGAug 27US accuses China of hacking NASA , Fed and critical infrastructurecincinnatisun.com · United States
DISASTERAug 27As Hong Kong faces more heatwaves, what must be done to make the city more resilient?Yung, an elderly Hong Kong resident, has spent hours hanging out at a neighbourhood shopping centre in Kwai Chung all summer. But he has not been going there to shop, instead taking refuge from the sweltering heat in the mall’s soothing air-conditioned arcade. The retiree, who lives in a 100 sq ft subdivided flat with his wife, is reluctant to use the air conditioner for long periods to avoid a hefty electricity bill, despite the hot and stuffy weather in recent weeks. “There have been more...South China Morning Post
POLITICSAug 27South Korea hands police more power even as dead bodies expose the liesOn a farm up in the hills of South Korea’s Jeju Island, investigators this week uncovered what a mother had spent three months fearing they would not find: the body of her daughter. Jang Mi-ran, 37, vanished without a trace in May. Police records would later show her case had been quietly closed without anyone ever verifying if she was alive. It was the second such discovery in a matter of days. The first was the skeletal remains of a man in his sixties, found on Saturday after his family warned...South China Morning Post
POLITICSAug 26Facing US sanctions, China stands firm on IranAmid US threats against Tehran's trading partners, Beijing asserts its firmness while seeking to avoid escalation just one month ahead of a new meeting between Xi Jinping and Donald Trump.Le Monde [en]
BUSINESSAug 26Agilent forecasts FY2026 revenue of $7.49B-$7.51B and EPS of $6.18-$6.21 as China returns to 9% growthAgilent has forecasted its FY2026 revenue to be between $7.49B and $7.51B, with EPS projected at $6.18-$6.21, as China's economy is expected to return to 9% growth.Seeking Alpha Tech
BUSINESSAug 26China’s robotics IPO wave gains steam as 2 more firms eye Hong Kong listingsAnother two Chinese robotics start-ups have confirmed plans to launch initial public offerings in Hong Kong as early as next year, boosting the city’s role as a prime fundraising hub for China’s fast-growing technology sector. The two Hangzhou-based firms – both founded by former executives at Alibaba Group Holding – are part of a wave of Chinese embodied artificial intelligence start-ups looking to go public as the industry rushes to scale up production. Infiforce Technology Group, the...South China Morning Post
POLITICSAug 26Foreign Minister Velasco boosts culture, trade and education during busy 2-day visit to South KoreaThe SRE head's broad-ranging and productive visit to Mexico's fifth-largest trading partner will be capped by the upcoming visit to Mexico of South Korean President Lee Jae Myung to sign the Mexico-Korea Action Plan. The post Foreign Minister Velasco boosts culture, trade and education during busy 2-day visit to South Korea appeared first on Mexico News DailyMexico News Daily
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