News - South China Morning Post

All the latest breaking news from Hong Kong, China and around the world

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Oct 9, 2026

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Episodes

Nobel Medicine Prize awarded to US-German trio for work on optogenetics 05.10.2026

The 2026 Nobel Prize season opened on Monday with the Medicine Prize being awarded to three scientists working on the mechanisms the brain uses to switch on, or off, the activity of individual nerve cells. Karl Deisseroth, 54, Peter Hegemann, 71, and Georg Nagel, 73, have carried out research into light-gated ion channels and optogenetics. They are based at universities in Germany and the United S...

HKMA licenses Bakai Bank, city’s first from Central Asia 05.10.2026

Hong Kong Monetary Authority (HKMA) has granted a banking licence to Bakai Bank, marking the first Central Asian bank to set up in Hong Kong amid closer ties in the economy and trade flows between China and the region, according to a statement on Monday. Bakai Bank, one of the largest lenders in Kyrgyzstan, will operate as a restricted licence bank in Hong Kong. It will be the 17th restricted lice...

China’s finance minister on fiscal policy 05.10.2026

This article was translated from Chinese into English using Alibaba’s Qwen3.7-Plus, then checked and tweaked for accuracy by a South China Morning Post journalist. It is for reference only, and is not the official English version of the original Chinese document. Alibaba owns the SCMP.

Ex-prince Andrew takes UK police to court to ‘quash’ Epstein affair search warrants 05.10.2026

Britain’s disgraced former prince, Andrew Mountbatten-Windsor, has launched a High Court challenge “to quash search warrants” obtained by police ahead of his arrest earlier this year, the judiciary has confirmed. The London court was set to hold a private hearing on Thursday, the judiciary said in a statement on Monday, as King Charles’ brother challenged Thames Valley Police over searches of his...

US defence experts to work inside Taiwan military HQ under reported pact 05.10.2026

A reported plan to station US defence personnel inside Taiwan’s military headquarters would take cooperation from external help into the heart of defence planning, potentially angering Beijing while raising questions over Taipei’s policymaking autonomy and military secrecy. According to Taiwanese media reports at the weekend, the Pentagon plans to send one official from the Office of the Under Sec...

Why protecting home values is Beijing’s new priority 05.10.2026

For decades, China’s property sector was defined by spectacular scale: farmland transformed into suburbs, skylines rising across regional hubs and, more recently, the prominent unravelling of heavily indebted developers. Yet beneath those dramatic changes, a far quieter and more consequential transformation is taking shape. Official figures published by the National Bureau of Statistics in Septemb...

Southeast Asia starts to rethink its AI data centre boom: ‘at what cost?’ 05.10.2026

Southeast Asian governments are learning some hard truths about the data centre boom they spent years working to attract, analysts say – it promises jobs, digital infrastructure and a foothold in the AI economy, but the rapid buildout is also straining power grids, land and regulatory systems. “There is this enthusiasm to attract investments, but now it raises the question: at what cost and at wha...

Spain’s prime minister calls early election as housing becomes a national flashpoint 05.10.2026

Spanish Prime Minister Pedro Sanchez announced early elections Monday after his government suffered a bruising legislative defeat last week on emergency measures related to the country’s housing crisis. The vote will be held on November 29. In recent weeks, Spaniards have demanded solutions from the government over housing affordability, holding protests in cities across the country after public o...

Hong Kong lawmakers say 5-year tax incentive too short to entice major innovative firms 05.10.2026

Hong Kong lawmakers have backed the government’s proposed tax incentives for large innovative companies, but many said on Monday that the planned five-year concession period is too short to attract major firms to establish headquarters or expand operations in the city. Chief Executive John Lee Ka-chiu in his policy address last month said the government planned to submit a bill introducing prefere...

8 more firms from Belt and Road Initiative countries apply for IPOs in Hong Kong 05.10.2026

Eight more companies from countries belonging to Beijing’s Belt and Road Initiative have applied to list in Hong Kong, the city’s trade promotion chief has revealed. Frederick Ma Si-hang, chairman of the Trade Development Council, also said on Monday the city’s economy would benefit from improving China-US ties. Speaking on the sidelines of the Global Youth Powerhouse Summit, Ma said interest in H...

Chinese doctors shrink lung tumour for baby still in mother’s womb, using needle 05.10.2026

Chinese doctors have performed an unprecedented surgery to save an unborn child who developed a fast-growing tumour. A medical team from Shenzhen and Hong Kong recently completed a challenging, precise reduction of a foetal chest tumour while the baby was still in the womb, offering new hope to families facing similarly dire prognoses. Jointly performed by doctors from Shenzhen Baoan Women’s and C...

Days after Xi-Trump summit, top Taiwan diplomat opens de facto consulate in US 05.10.2026

Taipei’s top diplomat is in Arizona this week to open a de facto consulate and tour the state’s semiconductor corridor, even as US President Donald Trump has just wrapped up the pageantry of a state visit for President Xi Jinping. Lin Chia-lung, Taiwan’s foreign minister, arrived in Phoenix late on Saturday for a three-day visit that highlights the deepening economic ties between Washington and Ta...

Malaysia eyes permanent F1 comeback despite travel chaos at Bahrain GP 05.10.2026

Malaysia was aflush with Formula One fever this weekend, rekindling talk of permanently bringing the race back to the Southeast Asian nation after a long hiatus – despite days of traffic chaos that left thousands of fans stranded for hours. More than 260,000 people flocked to Sepang International Circuit in Selangor state for the Bahrain Grand Prix, which was originally meant to be held in April b...

Abby Choi’s mother tells court former in-laws lived off socialite’s family wealth 05.10.2026

The mother of slain Hong Kong socialite Abby Choi Tin-fung has accused her former in-laws of living off her family’s wealth without contributing anything to her grandchildren. Cheung Yin-fa testified in the High Court on Monday about the relationship between her daughter, ex-son-in-law Alex Kwong Kong-chi, and his family in the years leading up to the influencer’s slaying in February 2023. Kwong,...

Kai Tak Hospital starts first phase of operations, treats 300 patients on day 1 05.10.2026

Hong Kong’s Kai Tak Hospital launched its first phase of operations, treating nearly 300 patients at its family medicine centre on Monday morning, with the daily number projected to reach 1,800 by the end of the year. While some patients expressed satisfaction about the service, lawmakers called for more frequent connecting transport services and better publicity on transit options. Positioned to...

If BTS has to serve, why are South Korean sportsmen, artists exempt: ex-lawmaker 05.10.2026

A former South Korean lawmaker has called for the abolition of the military exemption system granted to outstanding national athletes, arguing that military service should not be used as an incentive for achievements in sports or the arts. Yoo Seong-min’s remarks came amid controversy over comments made by members of South Korea’s men’s football team, who recently won its fourth consecutive Asian...

Chinese travellers go premium, Malaysia appeals to investors: 5 weekend reads you missed 05.10.2026

We have put together stories from our coverage last weekend to help you stay informed about news across Asia and beyond. If you would like to see more of our reporting, please consider subscribing. 1. ‘No brainer’: growing trend of Chinese tourists booking business-class flights 2. US to deploy NMESIS anti-ship system on Japanese island closest to Taiwan 3. Chinese art takes long march home from U...

Wellcome operator DFI Retail seeks buyer for fully leased shopping centre on The Peak 05.10.2026

DFI Retail, the food and beverage unit of Hong Kong-headquartered conglomerate Jardine Matheson, is looking to sell its mall at The Peak, one of the city’s wealthiest neighbourhoods. The entire commercial portion of the Dairy Farm Guildford Road Shopping Centre will be sold via a public tender closing at noon on November 19, according to sole agent CBRE. The property is near The Peak campus of the...

Hong Kong outlines 4-step AI ‘talent ladder’ to offset entry-level job shock 05.10.2026

Hong Kong has unveiled a four-step artificial intelligence (AI) “talent ladder” strategy to counter entry-level job shock and foster industry leaders, viewing the technology as a “catalyst, not a threat”. Permanent Secretary for Innovation, Technology and Industry Kevin Choi Kit-ming warned on Monday that the “entry-level shock” was real because AI performed well in many routine tasks that once ma...

China develops plant to extract hydrogen, fresh water and uranium from the sea 05.10.2026

Chinese scientists have built a small, stable co-production plant that uses one system to extract hydrogen and fresh water from seawater, while also recovering uranium and bromine and improving electricity use efficiency by about 15 per cent. The team, led by Deng Dehui and Liu Yanting from the Chinese Academy of Sciences’ Dalian Institute of Chemical Physics, improved on an existing technology th...

India seeks to be ‘a little bit more involved’ in ending Ukraine war: minister 05.10.2026

India is taking a more direct role in efforts to end the conflict between Russia and Ukraine, engaging both sides on issues including shipping and reducing hostilities, Minister of External Affairs S. Jaishankar has said. Speaking at a security conference over the weekend, Jaishankar said India in recent months has become “a little bit more involved beyond advocacy”. The comments point to a more a...

Kai Tak Hospital opens this week: what you need to know before visiting 05.10.2026

Hong Kong’s largest public hospital, built on the former airport site in Kai Tak, will begin its first phase of operation on Monday after more than a decade of planning and preparation. The South China Morning Post looks at the new hospital’s key features and what its opening means for the city’s healthcare development. 1. What makes Kai Tak Hospital special? With a gross floor area of about 500,0...

Pro-Israel Samoa prime minister apologises for Nazi gesture in leaked video 05.10.2026

Samoa’s prime minister apologised on Monday after video surfaced showing him saying “Heil Hitler” and making a Nazi gesture. Prime Minister La’auli Leuatea Schmidt said the footage was from a family gathering almost 20 years old and was never meant to see the light of day. “The footage shows me using the words ‘Heil Hitler’ and participating in a gesture associated with Nazi Germany in a private f...

Chinese man, 71, discovers hidden US$63,000 fortune after scavenging for 21 years 05.10.2026

An elderly man in central China, who has spent the past 21 years making ends meet as a scavenger, experienced a remarkable stroke of luck when he discovered that his pension fund contained over 420,000 yuan (US$63,000). In late September, the 71-year-old man, surnamed Ru, received a bank card linked to his pension account, which revealed a balance of 424,204 yuan, as reported by Changde Daily. Com...

Is Hong Kong’s drive to eliminate substandard housing doing more harm than good? 05.10.2026

Housewife May and her three children were overjoyed last September when they moved into a 200 sq ft subdivided flat in Kwai Tsing, a Hong Kong district with one of the city’s lowest average monthly household incomes. For years, the 50-year-old single parent had lived in a squatter hut with her son and two daughters, where they had to climb hundreds of stairs daily. They later moved into a 100 sq f...

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