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France, Germany call for new weapon allowing ‘immediate cut off’ of China from EU market 05.10.2026
In the strongest sign yet of a shifting European Union policy on China, the leaders of France and Germany have demanded a new trade weapon that would cut off access to the EU market when third countries cause severe distortions. The tool would effectively act as a kill switch, allowing Brussels to respond rapidly to systemic distortions, potentially immediately. It would grant dramatic new powers...
Hong Kong IVF clinic cleared to resume all services after embryo specimen mix-up 05.10.2026
A Hong Kong fertility clinic that had most of its services suspended for mishandling embryo biopsy specimens from two patients has been cleared to fully resume all treatments after implementing improvement measures. The Council on Human Reproductive Technology said on Monday that Heal Fertility in Central could resume all 17 treatment services covered by its licence from Tuesday, after members rev...
Authorities investigate viral drone footage of National Day fireworks display 05.10.2026
Hong Kong aviation authorities are investigating suspected illegal drone flying over Victoria Harbour during last week’s National Day fireworks display, after privately shot footage of the show went viral online. The footage drew the attention of local internet users after a mainland visitor, who came to Hong Kong during the “golden week” holiday, posted clips of the 23-minute display on his socia...
Yemeni government forces seize control of Bab el-Mandeb Strait, minister says 05.10.2026
Saudi-backed Yemeni government forces have secured effective control of the Bab el-Mandeb Strait, Yemen’s Information Minister Moammar al-Eryani has said, though fighting continues with Houthi forces in the area. The government forces advanced rapidly along the coast with heavy Saudi air support to seize key positions in the Dhubab area on the narrowest point of the strait, a vital oil route whose...
Japan, Australia boost economic security ties with finance dialogue 05.10.2026
Japan and Australia have agreed to establish an annual finance ministers’ dialogue aimed at deepening cooperation in financial and economic policy, as well as strengthening bilateral collaboration on economic security. Under a memorandum of understanding signed on Monday that is effective for five years, the two countries’ finance ministers will meet regularly to promote cooperation across a b...
Mainland Chinese arrivals to Hong Kong surged at start of ‘golden week’ holiday 05.10.2026
Mainland Chinese arrivals to Hong Kong surged at the start of the National Day “golden week” holiday before easing towards last year’s levels, with tourism sector representatives attributing the early rush partly to the city’s fireworks display and tourists making the most of a shorter break. Immigration Department figures showed that 277,304 mainland visitors arrived on October 1, up 19.1 per cen...
AI microdramas are a test case for China’s next big export wave 05.10.2026
China’s US$1.2 trillion goods trade surplus last year has focused attention on electric vehicles, batteries, solar panels and industrial overcapacity. Tariffs, anti-subsidy investigations and localisation requirements have followed as trading partners respond to China’s manufacturing scale. Yet the less visible shift is happening in services. Services exports rose by 17.1 per cent year on year in...
Man, 74, lost control of paraglider in strong winds, probe into fatal crash finds 05.10.2026
A 74-year-old retired Hong Kong police officer lost control of his paraglider in strong air currents and was fatally injured after crashing on Lantau Island, a probe into the 2024 accident has found. A report published by the Air Accident Investigation Authority on Monday detailed the incident involving the pilot at Sunset Peak, Hong Kong’s third-highest mountain, on June 17, 2024. The authority u...
Sincere to close Central department store after 126 years as lease expires 05.10.2026
Hong Kong’s first Chinese-owned department store, Sincere, will close its historic branch in the city’s central business district in December after 126 years of retail history. The company revealed, however, that it would seek a new location in Central or Sheung Wan. Sincere announced on Sunday that the flagship store would shut in early December after lease renewal talks with the landlord broke d...
Empty classrooms on remote Greek island signal crisis across Europe 05.10.2026
Chryssa Ntalaka’s classroom has become an object lesson in subtraction. The sole teacher in the last school on the idyllic Greek island of Kalamos has a shorter list of students every autumn. This year, just two. On September 23, the sixth graders sat at Ntalaka’s table beneath the whiteboard, in front of rows of unused desks and benches. When they head to middle school on Greece’s mainland next y...
Adrian Cheng, former scion of Hong Kong’s NWD, expands K11 brand in Xiamen 05.10.2026
Adrian Cheng Chi-kong, former heir apparent to Hong Kong’s New World Development (NWD), is expanding his K11 cultural retail business in mainland China, launching a venture of his own as his family’s property group grapples with heavy debt. Xiamen K11 Select, developed by Cheng’s K11 by AC Group along with state-owned Xiamen Rail Transit Group in the city in the southeastern province of Fujian, ha...
Why India’s missile deals in Central Asia matter to Russia and China 05.10.2026
India has sold its Akash air-defence missile system to Tajikistan and Turkmenistan, giving it a foothold in Central Asia as it seeks to become a major global arms exporter. Defence Secretary Rajesh Kumar Singh confirmed the latest sales on Thursday last week, hinting at interest from elsewhere as he called the Akash “one of our success stories”. Developed by India’s Defence Research and Developmen...
Seoul probe reveals border mine blast caused by North Korea 05.10.2026
South Korea said on Monday that a recent border blast that seriously wounded two of its soldiers was caused by mines planted by North Korea. North Korea, which has been fortifying its border with South Korea since April 2024, deployed up to 7,000 workers to install mines and fences this year, with some 50 incidents of crossing the border, according to a briefing on Monday by the South’s milita...
Why the PLA’s Z-10 attack helicopter is taking a bigger role at sea 05.10.2026
Built to hunt tanks and support ground troops, the People’s Liberation Army’s main attack helicopter is increasingly being prepared for operations at sea. Crews of the Z-10 are training to fly from ships – a shift that could give Beijing extra firepower in an amphibious assault on Taiwan. Manufactured by AVIC subsidiary the Changhe Aircraft Industries Corporation, the Z-10 entered service with the...
Chinese ‘Coffee Grandma’ learns brewing to save son’s cafe, inspires female independence 05.10.2026
An 86-year-old grandmother in China has become a social media sensation for operating a coffee shop for over a decade – a business she took over from her son in 2015, despite having no experience with coffee at the time. Zhao Qiying, affectionately known as the “Coffee Grandma,” revealed that the shop, located in downtown Qingdao in eastern China’s Shandong province, was nearly bankrupt due to her...
Brazil-China ties in focus as Bolsonaro gets election edge over Lula 05.10.2026
Brazil is set for a presidential run-off after right-wing challenger Flavio Bolsonaro won a surprise first-round victory, threatening Luiz Inacio Lula da Silva’s grip on power in South America’s largest economy. Bolsonaro, son of imprisoned former president Jair Bolsonaro, took 47 per cent of the ballots in Sunday’s election, beating out Lula on 45 per cent. Brazilians will vote again on October 2...
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...
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