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EU leaders to ‘urgently’ call for new trade weapons to tackle China shock 14.10.2026
Leaders of the EU’s 27 member states will instruct Brussels to “urgently” come up with new weapons to counter the imbalances they believe are caused by China’s economic policies, at a meeting in the Belgian capital on Thursday. The instruction – part of a draft statement being negotiated ahead of this week’s European Council summit – comes after the European Union and China reached a surprise deal...
Hong Kong extends smart fire alarm scheme to another 6,000 old buildings 14.10.2026
Hong Kong’s Fire Services Department has extended a scheme allowing property owners to install smart fire alarm systems rather than traditional safety equipment to another 6,000 old buildings, but conceded that no installations had been completed although the policy was rolled out over five months ago for 3,600 blocks. Lai Kin-mo, acting deputy chief fire officer for building improvement, said on...
ASML’s chip equipment sales to China soar 109% despite US export curb push 14.10.2026
Dutch semiconductor equipment giant ASML expects China to account for about 20 per cent of its total sales this year, after seeing shipments to the market more than double during the previous quarter despite mounting US pressure for tighter export restrictions on less advanced chipmaking machinery. The company’s sales to China surged 109 per cent in the third quarter compared with the previous thr...
How a new US Army unit could challenge the PLA’s area-denial strategy in a Taiwan conflict 14.10.2026
The United States Army has launched a new task force aimed at countering Chinese efforts to block American and allied warships and aircraft in a potential conflict. The 4th Multi-Domain Task Force (MDTF) – established at Fort Carson, Colorado on October 8 – is the latest addition to a series of specialised formations developed for operations in the western Pacific. Those formations were earlier ac...
Ukrainian accused of Nord Stream pipeline sabotage goes on trial in Germany 14.10.2026
A Ukrainian man accused of helping to mastermind the attacks on the Nord Stream pipelines four years ago went on trial for war crimes in Germany on Wednesday, with his defence calling for the case to be dismissed. The closely watched trial – the first involving one of the alleged perpetrators of the 2022 attacks in the Baltic Sea – opened at the Higher Regional Court in the northern city of Hambur...
China’s Li Qiang vows more high-value imports as trade surplus faces scrutiny 14.10.2026
Premier Li Qiang said on Wednesday that China stands ready to import more high-quality goods, particularly high-value-added products, as part of efforts to promote more balanced trade. Li made the pledge at a symposium for the autumn session of the biannual Canton Fair, China’s largest foreign trade exhibition. The nearly three-week-long event officially opens on Thursday, with more than 32,000 ex...
Trump says ‘massive’ oil, gas and mineral exploration to begin in Greenland 14.10.2026
US President Donald Trump said “massive” oil, gas and mineral exploration is set to begin in “our new and beautiful Greenland” early on Wednesday. It was not immediately clear what exploration or developments the US president was referring to in his post, and Greenland is a self-governing territory of Denmark, rather than a part of the United States. Trump posted on social media following a campai...
In US-China rivalry, middle powers urged to be ‘indispensable’ chokepoints 14.10.2026
Middle powers should become “indispensable” chokepoints to safeguard strategic autonomy and survive the power rivalry between the US and China, former leaders and top diplomats said at a forum in India on Wednesday. The assessment comes as smaller and middle-tier countries seek to protect themselves from mounting geopolitical uncertainties arising from the tariff war launched by US President Donal...
Philippine law targeting foreign agents spurs fears of free speech curbs 14.10.2026
Philippine officials want a new anti-foreign interference law ahead of the 2028 presidential election, as a raid on a suspected online scam centre near the country’s military headquarters and reports of Chinese-linked money transfers to a company tied to Vice-President Sara Duterte-Carpio’s family fuel national security concerns. On Monday, immigration and military operatives arrested 76 foreigner...
What does the historic Bank of America fine mean for US-China capital streams? 14.10.2026
As the US Treasury imposed historic fines on Bank of America over compliance failures involving Chinese money-laundering networks, analysts see the action as a signal that could prompt Western banks to tighten scrutiny of Chinese clients and cross-border transactions. The penalties, announced on Tuesday and totalling more than US$1.21 billion, included what the US Treasury described as its third-l...
Huang Qifan, China’s political tumbler, falls after a decade of close corruption calls 14.10.2026
For a decade, former Chongqing mayor Huang Qifan stood out as a political survivor while colleague after close colleague fell in China’s far-reaching anti-corruption campaign. Throughout that time, including his seven years as the megacity’s mayor from 2009 to 2016, Huang was seen as a “tumbler” in Chinese politics – a weighted doll that wobbles but never falls over. The nickname was well-deserved...
Hesai launches 3D spatial camera as Chinese lidar maker expands into physical AI 14.10.2026
Hesai Group, the world’s largest maker of lidar sensors for vehicles, has launched a 3D spatial camera as it expands into physical artificial intelligence in search of new growth opportunities. The handheld device, called Kosmo, is described by Hesai as a “physical AI eye” and converts real-world environments into detailed, editable 3D models. The company said it was designed to standardise the di...
Beijing warns Taiwanese not to be ‘two-faced’ after Kevin Tsai attends DPP rally 14.10.2026
Beijing has warned Taiwanese people against acting “two-faced” on the issue of Taiwan independence after television host Kevin Tsai Kang-yong attended a campaign rally for a Taipei mayoral candidate who has been labelled a separatist by Beijing. The episode underscores the political risks facing Taiwanese entertainers working on both sides of the Taiwan Strait, who can face backlash over any actio...
Exhibition of pioneering Hong Kong school for national talent in early 1940s opens 14.10.2026
A new exhibition about a pioneering school that nurtured talent for the country has opened at a Hong Kong history museum as part of the government’s efforts to promote national education, with many exhibits shown in the city for the first time. “National Development and Achievements Series: Cultivation and Renewal – The Education Legacy of Hong Kong’s Ta Teh Institute”, a free exhibition presented...
Taiwan turns to US drone boats to track rising mainland Chinese sea activity near island 14.10.2026
Taiwan’s coastguard is buying US-designed uncrewed surface vessels for its first dedicated drone-boat programme to strengthen its ability to detect and track the growing presence of mainland Chinese vessels operating around the island. Florida-based Maritime Tactical Systems (Martac) announced on Tuesday that the deal covered an undisclosed number of its Devil Ray T24 autonomous boats, with produc...
Chinese memory giant YMTC to grow revenue 6 times faster than peers as IPO nears: report 14.10.2026
Yangtze Memory Technologies Corporation (YMTC), China’s leading flash-memory maker, is set to grow revenue six times faster than its industry peers this year as it expands into server-related business ahead of a planned initial public offering (IPO), according to Counterpoint Research. The company’s server-related revenue was effectively zero in 2024, but could account for nearly 39 per cent of it...
Japan farm minister submits resignation in first scandal blow for PM Takaichi 14.10.2026
Japanese Agriculture Minister Kazuo Yana said he tendered his resignation following allegations of possible vote-buying, lining him up to become the first minister in Prime Minister Sanae Takaichi’s government to quit over a scandal. “I apologise for causing such a huge inconvenience to those involved,” Yana said to reporters after submitting his resignation on Wednesday. He said he made the move...
‘Pure fate’: China newlyweds share identical names, face endless glitches in life situations 14.10.2026
A newlywed Chinese couple has gone viral on social media because they share exactly the same name, written with the same Chinese characters, and work in the same industry. The coincidence has caused a few practical complications, but many people see it as pure fate. On October 6, the groom, 33, and the bride, 28, both named Zhu Xiaocong, held their wedding in Zhejiang province, eastern China. Some...
US holds ‘unusual’ civil-military meeting in Tokyo ahead of Trump’s China trip 14.10.2026
Senior American diplomats, administration officials and Indo-Pacific military commanders met in Tokyo earlier this month in what one source called an “unusual” gathering ahead of US President Donald Trump’s planned visit to China in November. People familiar with the meeting said it represented an evolution of a long-standing practice in which US ambassadors stationed across Asia and the Pacific g...
Bali tipping row: call for Indonesian tourists to pay up triggers backlash 14.10.2026
A debate over tipping culture has erupted across the Indonesian resort island of Bali and beyond, triggered by a politician’s unfavourable comparison of domestic and foreign tourists. In a social media video, I Gusti Arya Wedakarna urged domestic tourists to “normalise giving tips in touristy places”, which he said was part of the island’s “ethics”. “Perhaps that’s the psychological reason why Bal...
Nearly 1 in 3 unattended dogs captured in Hong Kong euthanised this year 14.10.2026
Roughly one in three unattended dogs captured by Hong Kong authorities had been euthanised as of May this year, a sharp rise from 18 per cent in 2021, according to the latest legislative documents. The proportion of captured unattended dogs later reclaimed by their owners or transferred to animal welfare groups for rehoming has also fallen over the past five years, the Environment and Ecology Bure...
Cloudy outlook? How haze crisis is testing Singapore’s events economy 14.10.2026
When Daniela Cruz arrived in Singapore last week, hazy skies obscured the picture-perfect sights she had seen on social media, offering a different view of the city state from the one she had expected. The 27-year-old bank associate had travelled from Australia for the Formula One Singapore Grand Prix, but the smoky weather dampened her experience. “The buildings we saw on social media were covere...
3 Hong Kong taxi drivers banned for 3 months under demerit points system 14.10.2026
Three Hong Kong taxi drivers have been disqualified from driving cabs for three months after accumulating 15 demerit points or more under a penalty system in place for two years, the transport chief has said, disclosing such figures for the first time. Secretary for Transport and Logistics Mable Chan said on Wednesday that since the mechanism took effect in September 2024, 229 taxi drivers had inc...
IMF head urges US and rich nations to rein in deficits as global debt soars 14.10.2026
The head of the International Monetary Fund said on Wednesday that the US and other wealthy nations needed to urgently tackle mounting global debt levels that were weighing heaviest on low-income countries and straining the global financial system. IMF Managing Director Kristalina Georgieva said that while US Treasury Secretary Scott Bessent and other US leaders recognised that the federal deficit...
Hong Kong police hunt suspect who stole gold necklace from Tai Po jewellery store 14.10.2026
Hong Kong police are searching for a man who stole a gold necklace worth tens of thousands of dollars from a Chow Sang Sang jewellery store in Tai Po on Wednesday afternoon. According to a source, the suspect, described as a man in his thirties, entered the shop on Kwong Fuk Road around 3.10pm. He asked to try on the necklace before snatching it and making a quick getaway on foot in the direction...
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