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Shanghai recovers after grim opening

China's central bank pledged steps to steady the bourses as the benchmark Shanghai index was 3.9% down in morning session.

Insurers' investment ceiling raised

China's qualified insurance firms will be allowed to invest up to 10% of their assets in a single blue chip, up from 5%.

Graft: China Mobile enlists staff kin

China Mobile, China's largest wireless carrier, is asking executives and their families to sign letters pledging help.

Malaysia PM could sue WSJ

Wall Street Journal reported that nearly US$700m from state-owned fund 1MDB may have been traced to the PM's accounts.

Greece given time until Sunday

Frustrated and angered eurozone leaders gave Greek PM Alexis Tsipras a last-minute chance.

US Army 'to cut 40,000 troops in 2 yrs'

The cuts would reduce the active-duty Army from 490,000 soldiers to about 450,000.

PBOC injects US$8.2b into market

This is the 4th instance since June 25 of China's central bank's intervention.

Chinese investment in Europe surges

China's non-financial investment in the EU hit US$4.21 billion during Jan to May.

Opinion

I’m proud to be a ‘locust’

Feng Chi-shun says he is not ashamed of his origins, and HK people should never underestimate the mainland’s rising potential.

Conditions for a ‘third way’ in HK politics

At present, many Hong Kong residents are wondering: Where should “One Country, Two Systems” go from here?

Worries about Greek 'No' overstated

The crisis has lasted over five years and could last another five or even longer.

Commemorate joint war efforts of KMT and CPC

The ultimate victory was won by all Chinese people, and should be jointly commemorated on both sides of the Straits after seven decades.

Growing number of Chinese have yen to spend in Japan

Japan is Chinese travelers' most popular destination, with 2.05 million Chinese nationals granted visas in 2014.

Video

Jewish community in Hong Kong

As an international financial hub and a friendly place to foreigners, there are currently about 5,000 Jewish people living in Hong Kong. Built in 1901, the Ohel Leah Synagogue has become a central part of Hong Kong’s Jewish community, serving as a place not only to pray but also for gathering, meetings, learning...

Hong Kong July 1 celebrations

Celebrating the 18th anniversary of Hong Kong's return to China, people from all over the SAR gathered at events around the territory on Wednesday. From the flag-raising ceremony at Golden Bauhinia Square to the PLA barracks, this video gives just a brief glimpse into the colors and sounds of the festivities.

Nation

China publishes draft cybersecurity law

The draft law strengthens user privacy protection from hackers and data resellers and consolidates government data oversight.

Central SOEs asked not to sell shares

The Assets Supervision and Administration Commission also encouraged state-owned enterprises to purchase more shares.

China gears up as typhoons near

People in the areas where the 2 typhoons could make landfall have been asked to stock daily necessities for one to 3 days.

Xi urges 'mass organizations' to play their roles

President Xi said China's 1.3 billion people should be better mobilized by mass organizations to achieve China's full potential.

Attitude and altitude helping to turn back the eco-clock

Radical new moves to reverse decades of environmental degradation are paying dividends in one of China's highest nature reserves.

Bearing witness to a changing Xinjiang

Elderly people across the Xinjiang Uygur autonomous region are invited to share their personal stories and visions for the future.

China families grow a garden, tradition in Yale

A once-vacant city block at the northern edge of Yale University now teems with exotic herbs and vegetables.

HK

Global rankings often inconsistent: Experts

The official think tank rated Hong Kong as the second-best city in the nation.

Frederick Ma to become MTRC chairman

Ma will become the next chairman of the board of directors at the MTR Corporation (MTRC) with effect from Jan 1, 2016.

Regulations aim to control used oils

The new regulatory framework would require waste cooking oils to be collected by licensed recyclers.

Radicals vow to derail latest Leung initiative

Some opposition members threaten to use aggressive tactics over ITB.

Focus HK

Teaching old cons new tricks

Popular fiction has glamorized ‘the life of crime’, but life has not been kind for many, who have grown old, been in and out of prison, trying to find forgiveness from an unforgiving society.

Moreira and Purton in race for favorite jockey

On July 10 the HK Jockey Club will announce the city’s Most Popular Jockey of the Year.

Still searching for the Promised Land

Many of the Vietnamese boat people who have come to Hong Kong since 1975 are yet to find a decent roof above their heads.

Asia

Malaysia's Najib could sue Wall Street Journal

The daily reported that nearly US$700 million from debt-laden state-owned fund 1MDB may have been traced to the PM's accounts.

Afghan delegation to meet Taliban in Pak

A tentative step toward full peace negotiations aimed at ending more than 13 years of war.

Two Myanmar men go on trial for murder of Britons

British tourists David Miller, 24, and Hannah Witheridge, 23, were murdered last year on Koh Tao.

Civilian death toll in Yemen conflict tops 1,500

The United Nations' human rights office says the number of civilians killed in three months of violence in Yemen has risen above 1,500.

Flagging safety in the skies

As airlines grow and new airports are built in Asia, safety is becoming a major issue for international regulators.

In for the long haul?

Asia’s budget airlines have become part of the region’s aviation fabric, offering cheap and no-frills air travel to meet the growing needs of the expanding middle class.

Asia Weekly

Business

Shanghai recovers after grim opening

China's central bank announced steps to steady the bourses as the benchmark Shanghai index closed 3.9% down in morning session.

Insurers' blue-chips investment ceiling raised

Qualified insurance companies will be allowed to invest up to 10% of their assets in a single blue chip, up from the previous 5%.

Asian shares plunge

Asian shares tumbled to a 1 1/2-year low on Wednesday and the safe-haven yen rallied as Chinese stocks plummeted.

Eye on Asia

Jakarta's cloud-seeding efforts run into snags

Indonesian authorities have tamed a growing number of forest fires in neighbouring Sumatra in the past few weeks.

Scandal-hit Najib faces uncertain times

Datuk Seri Najib is facing the most serious accusation of financial misappropriation against a sitting premier.

Young Indians embrace dating apps

The dating app market has exploded in recent years, with more than a dozen companies operating in India.

Sport

Brazil still trying to regroup a year after 7-1 loss

On Wednesday's anniversary of its humiliating 7-1 home World Cup loss to Germany, there is no sign the Selecao are back on the right track.

Bruce Jenner's 1984 Olympic Torch going on auction block

It's the first major piece of Jenner memorabilia to go to auction since Olympic Decathlon Gold Medal became Caitlyn Jenner.

Vietnam may lose swimming prodigy to US

Family of 14-year-old swimmer Nguyen Diep Phuong Tram has insisted on moving to the United States.

All sewn up

You may not be aware of it, but chances are you have worn one of TAL Group’s shirts at some point.

Custodian of knowledge

Intellectual property chief relishes the daunting challenge of spearheading global efforts to protect intangible assets.

Number cruncher

Providing a crucial service analyzing vast reams of data has taken Malaysian entrepreneur from ambitious startup to successful IPO.

Life Style

Fall from grace

Novelist Zhou Daxin's latest offering is about an imaginary Chinese official whose death triggers both tears and joy.

Songs of place

Wild Fire Music's tour showcases singer-songwriters inspired by the indigenous folk music of Taiwan.

Quirky News

Intruder drinks Tabasco, says he's thirsty

A man allegedly broke into a Berlin restaurant and quaffed half a bottle of Tabasco sauce — telling police he was thirsty.

When 'pet dogs' turn out to be bears

A Chinese man recently discovered that the two "pet dogs" he'd been raising for the last two years are actually Asian black bears.

Graduates offered for bid on Taobao

A Chinese university has launched a website that profiles its graduates and asks employers to bid to employ them.

Roundtable

Partnerships to power up development across region

New model of energy cooperation could unleash Asia’s full growth potential.

'Make opposition pay in elections'

Executive Councilor Cheng Yiu-tong predicted that moderate voters would punish them for this in coming elections.

Jasper Tsang receives HK’s highest honor

Jasper Tsang Yok-sing, president of the Legislative Council, is among a group of distinguished Hong Kong political, business and community leaders rewarded in the government’s latest honors.

Special

The human factor

John Malpas, president of HKU’s Centennial College, has introduced a couple of inter-disciplinary programs with a view to breaking fresh ground in management education.