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Brunei has officially adopted China’s civil aviation certification standards, easing access for Chinese-built aircraft such as the narrowbody C919 jet into the wealthy Southeast Asian market while serving as a potential model for how the planes could expand their international reach.Brunei accepted the airworthiness code of the Civil Aviation Administration of China earlier this month, the Chinese embassy in Brunei said on Monday on its website, citing the equatorial country’s Department of Civil Aviation.Previously, Brunei had recognised only aircraft certificates issued by the European Aviation Safety Agency, the US Federal Aviation Administration and Transport Canada Civil Aviation, the embassy said.“Through…

The daughter of prominent Hong Kong businessman Peter Law Kin-sang has bought a luxury flat in Mid-Levels West following his sale of a Peak mansion in the city’s most expensive property transaction this year.Winnie Law Wing-yin acquired a 4,710 sq ft (438 square metres) flat in tower two, phase one of The Legacy for HK$355 million (US$45.7 million), according to Land Registry records. The transaction was completed on Tuesday.The luxury project at 8 Castle Road was jointly developed by Henderson Land Development and New World Development and opened for sales in September.It features 172 flats, including a three-storey penthouse spanning…

No one is bigger than the monarchy. Not even the king’s brother.In the end, that reality spelled the end of Prince Andrew’s life as a prince of the realm.As details of Andrew’s links to the sex offender Jeffrey Epstein continued to dribble out and Parliament raised questions about his rent-free residence at a sprawling country house near Windsor Castle, King Charles III moved Thursday to shield the monarchy from any further revelations.In a statement issued by Buckingham Palace, the king said he had taken steps to strip his brother of all his titles and honors, including the one he has…

A near-incursion of Russian fighter jets into Japanese airspace last week was a bid by Moscow to intimidate Tokyo amid strengthening ties with Washington, observers warned.And unless there was a breakthrough in US-Russia relations, it was unlikely that ties between Moscow and Tokyo would thaw even under new Japanese Prime Minister Sanae Takaichi, they said.Japan said it scrambled jets last Friday to monitor Russian warplanes, including strategic bombers capable of carrying nuclear weapons, which had flown along the edge of Japanese airspace up its coast.Russia’s Defence Ministry, in a statement reported by state-owned RIA news agency, confirmed its Tu-95 bombers…

Amazon shares surged Thursday in extended trading after the tech giant posted better-than-expected third-quarter results, driven by accelerated revenue growth from its cloud computing unit. The company’s outlook for the fourth quarter was also solid, easing investor fears that it was falling behind in the AI race. Revenue increased 13% year over year to $180.17 billion, beating expectations for $177.75 billion, according to estimates compiled by LSEG. Earnings per share based on generally accepted accounting principles (GAAP) increased to $1.95, compared with $1.43 last year and the $1.57 estimate, per LSEG. Operating income remained flat year over year at $17.42…

Paris-based private equity (PE) firm Ardian has opened a 4,000 sq ft office in Hong Kong’s main business district, with an eye on growing its US$3 billion investment out of the company’s total US$200 billion in assets under management (AUM).The new office at the Two International Finance Centre in Central marked the company’s fifth location in Asia and would initially have eight permanent staff, according to Jason Yao, the group’s head of Greater China.“The reason we have an office here is to be close to our investors,” Yao said in an interview with the Post on Thursday. “We have very…

Leading artificial intelligence models from the United States and China are “highly sycophantic”, and their excessive flattery may make users less likely to repair interpersonal conflicts, a new study has found.The study by researchers at Stanford University and Carnegie Mellon University published earlier this month tested how 11 large language models (LLMs) responded to user queries seeking advice on personal matters, including cases involving manipulation and deception.In AI circles, sycophancy is the phenomenon of chatbots excessively agreeing with users. DeepSeek’s V3, released in December 2024, was found to be one of the most sycophantic models, affirming users’ actions 55 per…

OPEC+ meets this week to decide oil production levels for December, marking its first gathering since the United States imposed sanctions on Russia’s two largest oil companies — a move targeting the alliance’s second-biggest producer after Saudi Arabia.   The coalition, which includes OPEC members and allied producers led by Saudi Arabia and Russia, has managed global oil supplies for nearly a decade by curbing output to ensure what it calls “market stability” — a phrase that effectively means supporting prices or preventing a collapse.   Loss of market share   Since the price crash during the COVID-19 pandemic and…

1. Trump hails ‘great success’ as Xi talks raise hopes of easing US-China tensionsChina and the United States have reached a truce on thorny issues ranging from soybeans and rare earths to fentanyl, following Thursday’s meeting between Presidents Xi Jinping and Donald Trump.2. ‘Amazing’ Xi-Trump summit, as it happened – deals struck as trade war thawsCatch up on our live coverage of Xi and Trump’s first in-person meeting since the latter’s return to the White House.3. 5 takeaways from the Xi-Trump summit in South KoreaThe high-stakes summit between Xi and Trump took place in Busan, South Korea, on Thursday and…

OPEC+ meets this week to decide oil production levels for December, marking its first gathering since the United States imposed sanctions on Russia’s two largest oil companies — a move targeting the alliance’s second-biggest producer after Saudi Arabia.   The coalition, which includes OPEC members and allied producers led by Saudi Arabia and Russia, has managed global oil supplies for nearly a decade by curbing output to ensure what it calls “market stability” — a phrase that effectively means supporting prices or preventing a collapse.   Loss of market share   Since the price crash during the COVID-19 pandemic and…