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The day after the stunning jewelry heist at the Louvre in Paris, officials from across Washington’s world-famous museums were already talking, assessing and planning how to bolster their own security. “We went over a review of the incident,” said Doug Beaver, security specialist at the National Museum of Women in the Arts, who said he participated in Zoom talks with nearby institutions including the Smithsonian and the National Gallery of Art. “Then we developed a game plan on that second day out, and started putting things in place on Days 3, 4 and 5.”Similar conversations were of course happening at…

Hong Kong has pulled ahead of Singapore in attracting technology-driven companies that use cryptocurrency for treasury management and other applications, reinforcing its position as Asia’s leading digital-asset hub, at least for now, according to a crypto industry veteran who advises both governments.“Over the past two years, especially in the first half of this year, many professionals and companies in the Web3 ecosystem have relocated their headquarters to Hong Kong from Singapore,” said Gu Ronghui, a technology adviser to the Monetary Authority of Singapore and a former member of Hong Kong’s Web3 task force, ahead of the city’s largest-ever FinTech Week,…

Hong Kong has pulled ahead of Singapore in attracting technology-driven companies that use cryptocurrency for treasury management and other applications, reinforcing its position as Asia’s leading digital-asset hub, at least for now, according to a crypto industry veteran who advises both governments.“Over the past two years, especially in the first half of this year, many professionals and companies in the Web3 ecosystem have relocated their headquarters to Hong Kong from Singapore,” said Gu Ronghui, a technology adviser to the Monetary Authority of Singapore and a former member of Hong Kong’s Web3 task force, ahead of the city’s largest-ever FinTech Week,…

A new study has found that rainwater in Indonesia’s capital Jakarta contains microplastics and potentially other toxic chemicals harmful to public health, raising alarm over the pervasiveness of such particles in the country’s biome – down to food consumed.Raindrops were picking up microplastics floating in Jakarta’s air, Indonesia’s National Research and Innovation Agency (BRIN) revealed in its newest study on October 17. Samples of rainwater collected in coastal areas of Jakarta were found to contain about 15 microplastic particles for every one square metre (11 sq ft) per day.“If a house has an area of around 100 square metres (1,080…

Chinese President Xi Jinping on Friday urged world leaders to ensure the stability of supply chains, saying countries should be “joining hands” instead of “breaking chains”, as he pointed to growing uncertainty in the Asia-Pacific.According to Chinese state news agency Xinhua, Xi also repeated earlier calls for countries to uphold the multilateral trading system and protect the interests of developing economies.“Currently, the world is undergoing profound changes, a once-in-a-century transformation, with a complex and volatile international landscape, and increasing instability and uncertainty facing the Asia-Pacific region,” he said.“The more turbulent the times, the more we must work together in solidarity.”In…

Hong Kong stocks on Friday headed for their first monthly decline since April, as a weak reading on China’s manufacturing industry and BYD’s slumping profit underscored the persistent deflationary trend and excessive capacity plaguing the world’s second-largest economy.The Hang Seng Index fell 0.9 per cent to 26,050.08 at the noon break, taking the monthly decline to 3 per cent. The Hang Seng Tech Index dropped 1.9 per cent.On the mainland, the CSI 300 Index slid 1 per cent and the Shanghai Composite Index retreated 0.6 per cent.Chinese electric-vehicle maker BYD sank 3.7 per cent to HK$100.30 after third-quarter profits fell…

Hong Kong stocks headed for their first monthly decline since April as a gauge of China’s manufacturing extended its run of contraction and investors digested the outcome of a meeting between the Chinese and US state leaders.The Hang Seng Index fell 0.1 per cent to 26,249.98 as of 10.09am local time, taking the monthly decline to 2.3 per cent. The Hang Seng Tech Index dropped 0.8 per cent.On the mainland, the CSI 300 Index slid 0.3 per cent and the Shanghai Composite Index retreated 0.2 per cent.Chinese EV maker BYD dropped 4.7 per cent to HK$99.35 after third-quarter profits fell…

Indonesia is still “considering” acquiring Chinese J-10 fighter jets, but no decision has been made yet, according to Jakarta’s Ministry of Defence, clarifying earlier reports that the country was set to buy up to 42 units to modernise its military.“It’s still being analysed and reviewed. At the moment, we are considering all platforms that can fulfil our need to help guard our sovereignty and territorial integrity,” ministry spokesman Brigadier General Frega Wenas Inkiriwang said.On October 16, local and newswire agencies quoted Indonesian Defence Minister Sjafrie Sjamsoeddin as saying the J-10 “will be flying in Jakarta shortly” but gave no details.The…

Developer China Vanke reported a deeper third-quarter loss, highlighting mounting challenges as the prolonged property market downturn continues to weigh on its sales.The Shenzhen-based company posted a loss of 16.1 billion yuan (US$2.3 billion) in the three months ended September 30, roughly doubling its loss from a year earlier. That brings its combined losses for the first nine months of the year to 28 billion yuan, according to a statement to the Shenzhen exchange on Thursday.Persistent weakness in China’s housing market is creating pressure on the developer’s bottom line, despite increased financial support from its largest state-owned shareholder, Shenzhen Metro…

Developer China Vanke reported a deeper third-quarter loss, highlighting mounting challenges as the prolonged property market downturn continues to weigh on its sales.The Shenzhen-based company posted a loss of 16.1 billion yuan (US$2.3 billion) in the three months ended September 30, roughly doubling its loss from a year earlier. That brings its combined losses for the first nine months of the year to 28 billion yuan, according to a statement to the Shenzhen exchange on Thursday.Persistent weakness in China’s housing market is creating pressure on the developer’s bottom line, despite increased financial support from its largest state-owned shareholder, Shenzhen Metro…