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This article was first published on April 8, 1986.
Billion dollar brilliance
by Staff Reporters
The new $5.2 billion headquarters of the Hongkong and Shanghai Banking Corpn was formally opened last night (April 7, 1986) when the Governor, Sir Edward Youde, snipped a simple ribbon.
The building, every light ablaze, was a symbol of the bank’s faith in the future of Hongkong, said the bank’s...
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China has implemented a new regulation on supply chain security that hands officials the power to punish any entities deemed to threaten the country’s access to vital resources and the free flow of goods, as Beijing confronts an increasingly turbulent global outlook.
The 18-point regulation – which was passed and became effective on March 31, but the full text of which was only published on...
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Taiwanese opposition leader Cheng Li-wun blamed Japanese “imperialist forces” for dividing mainland China and Taiwan, as she paid tribute to Chinese revolutionary Sun Yat-sen at his mausoleum in Nanjing on Wednesday.
In a speech delivered after the Kuomintang (KMT) chairwoman laid a floral wreath before a statue of the founder of modern China, Cheng said Taiwan became a Japanese colony at a time...
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Myanmar’s weak economy is being brutally exposed to the fuel crisis, with farmers unable to fill up tractors to work their fields and a fertiliser shortage caused by the throttling of the Strait of Hormuz threatening food security just as the planting season begins.
Battered by civil war and runaway inflation, and with a quarter of its population already lacking sufficient food, Myanmar is...
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US President Donald Trump credited Chinese assistance after he agreed to a two-week ceasefire in the war on Iran that includes a resumption of shipping through the vital Strait of Hormuz.
“I hear yes,” Trump told Agence France-Presse when asked whether China had helped to get Iran into negotiations, which are due to start in Islamabad, Pakistan on Friday. Iran separately said that it wants...
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Hong Kong police have arrested a man working for a contractor commissioned by the Hospital Authority on suspicion of stealing the personal data of more than 50,000 patients, the South China Morning Post has learned.
The arrest came just days after the privacy watchdog and police said they were investigating a large-scale data leak involving more than 56,000 patients served by the authority,...
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The Hong Kong University of Science and Technology (HKUST) has launched a five-year study into why Chinese people often enjoy long lifespans, and aims to recruit 500 residents aged 90 or older for biomarker analysis using advanced blood testing technologies.
HKUST president Professor Nancy Ip Yuk-yu, who is leading the research, said Hong Kong urgently needed to uncover the healthy ageing...
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The administrator of Hong Kong’s fire-ravaged Wang Fuk Court has stated it will hold a briefing for residents in early May, but turned down an earlier request from more than 300 owners to convene a general meeting, citing a lack of information that complied with legal requirements.
According to an email seen by the South China Morning Post on Wednesday, Hop On Management did not elaborate on...
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Global imbalances are once again taking shape, albeit differently than how they manifested before the financial crisis of the late 2000s.
Back then, the story was simple: some countries, led by China and Germany, saved too much, while the United States consumed too much. The answer, at least in theory, was also simple: surplus countries should rely more on domestic demand while deficit countries...
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Hong Kong authorities have proceeded to confiscate properties linked to crimes committed by former media boss Jimmy Lai Chee-ying, with a hearing scheduled in three months to address the court order.
According to a court document inspected by the South China Morning Post on Wednesday, the secretary for justice filed an application with the Court of First Instance to confiscate Lai’s properties...