Author: admin

Up to 10,000 foreign nationals linked to the controversial Philippine offshore gaming operations (Pogos) remain in the country despite a ban on the sector last year, with calls from lawmakers mounting to track down those at large and quickly deport them.Presidential Anti-Organised Crime Commission (PAOCC) chief Gilbert Cruz revealed the numbers – mostly Chinese nationals – in the past week to a committee at the House of Representatives overseeing hearings on Pogos and alleged links to human rights violations, scams, and other crimes.“[Enforcement actions against] more than 9,000 illegal foreign workers have been temporarily suspended. Many detainees cannot be deported…

South Korea’s recent unveiling of a model of a radical new type of naval drone carrier signalled its intention to become the fourth country to join an exclusive group of militaries, after China, Turkey and Iran, as it bids to influence the future of warfare.HD Hyundai Heavy Industries revealed the model of the 15,000-tonne HCX-23 Plus drone carrier in late May at the 2025 International Maritime Defence Industry Exhibition in the South Korean port city of Busan.The concept hinted at how rapidly naval warfare is being redefined as defence strategists look for new ways to use unmanned weapons.Described by its…

Stock investors are capitalising on the spending power of China’s Generation Z consumers, who splurge on everything from gold jewellery to low-priced drinks, delivering multifold returns on so-called new consumer stocks.The ascent of Pop Mart International Group, Mixue Group and Laopu Gold is one of the few bright spots in China’s sluggish consumer industry, which has been plagued by a weak jobs market and the deflationary trend. The robust performance has come at the cost of traditional industry names, including liquor producer Kweichow Moutai, with traders pulling out of what were once their favourite stocks.Shares of Hong Kong-listed Pop Mart,…

Stock investors are capitalising on the spending power of China’s Generation Z consumers, who splurge on everything from gold jewellery to low-priced drinks, delivering multifold returns on so-called new consumer stocks.The ascent of Pop Mart International Group, Mixue Group and Laopu Gold is one of the few bright spots in China’s sluggish consumer industry, which has been plagued by a weak jobs market and the deflationary trend. The robust performance has come at the cost of traditional industry names, including liquor producer Kweichow Moutai, with traders pulling out of what were once their favourite stocks.Shares of Hong Kong-listed Pop Mart,…

A small but dedicated band of demonstrators took to the streets of Tokyo on Saturday, one of the first cities in the world to stage a “No Crowns! No Kings! No Tyrants!” protest against the policies of United States President Donald Trump.Thousands of similar protests took place around the world and in all 50 US states on June 14, the 250th anniversary of the founding of the American army, coinciding with Trump’s 79th birthday.The movement is aimed at opposing a rare military parade in Washington hosted by Trump, which comes days after unrest in Los Angeles over his immigration raids.The…

ISTANBUL (AP) — A hot air balloon crashed in central Turkey on Sunday, leaving its pilot dead and 19 Indonesian tourists injured, a local official said.In a statement, the governor’s office said the balloon was affected by a sudden change of wind. It was trying to make a hard landing near the village of Gozlukuyu in Aksaray province, when the pilot fell out of the balloon’s basket and his feet got tangled in a rope, Aksaray Governor Mehmet Ali Kumbuzoglu said.“Unfortunately, our pilot got stuck under the basket and died,” he said, adding that the injured tourists were taken to…

This year’s escalation of the US-China trade war has led many Chinese companies to rethink their overseas expansion strategies, with accessing the American market no longer their top priority when considering building factories in foreign countries, industry insiders said.There had been a “drastic downshift” in inquiries from Chinese companies seeking land to rent or purchase in Mexico, one of their hottest overseas investment destinations in the past, said Jack Lee, an industrial property agent based in the United States whose clients are mostly Chinese firms.Mexico had become a popular choice since US President Donald Trump’s first term, when he began…

NUUK, Greenland (AP) — French President Emmanuel Macron’s first trip to Greenland, the strategic Arctic island coveted by U.S. President Donald Trump, is aimed at shoring up Europe’s political backing for Denmark and its semiautonomous territory.Macron’s visit on Sunday comes just ahead a meeting of the Group of Seven leading industrialized nations next week in Canada that will be attended by both Macron and Trump.The French president’s office said the trip to Greenland is a reminder that Paris supports principles of sovereignty, territorial integrity and the inviolability of borders as enshrined in the U.N. charter.Macron is also to meet with…

Wang Ruoshuo, a 21-year-old student from Hefei, the capital of central Anhui province, is searching for a flat in Hung Hom in southern Kowloon, which is close to her university and the company where she interns. As a first-time renter, however, she has been taken aback by the high prices.Wang and her friends are looking for a two-bedroom unit, budgeting about HK$7,000 to HK$8,000 (US$892 to US$1,019) per person. “But when we began our search, we found that properties meeting our criteria would cost each of us around HK$10,000,” she said.“Over 120,000 professionals and university students have already arrived in…

Hong Kong virtual insurer OneDegree is gaining ground in the Middle East and has signed 20 contracts since entering the region in 2023, according to one of its founders.In an interview on June 6, Alvin Kwock Yin-lun said the nine-year-old company was looking for additional growth in the Middle East. It has insured the digital assets of 20 out of the 34 companies licensed by Dubai’s Virtual Assets Regulatory Authority, which includes digital asset exchanges and providers of trading and custody services.OneDegree had reported no claims, losses, or incidents among its clients after debuting its products, which were in line…