Malaysia moves to protect local firms as cheap Chinese goods fill market

Workers produce stuffed toys for export at a toy factory in Lianyungang, Jiangsu province on July 18. Photo: Getty Images

Malaysia is stepping up scrutiny of foreign-run businesses amid concerns from local operators over competition from China. The government wants to retain Chinese investment, technology and affordable consumer goods, while assuring local small and medium enterprises (SMEs) that foreign competitors are not subject to different rules.
Former trade and investment minister Tengku Zafrul Aziz , now chairman of the Malaysian Investment Development Authority, said government social media analysis had identified concerns over Chinese businesses as a
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OpenAI agent’s autonomous hack a warning to the world

A woman uses artificial intelligence to assist in her administrative tasks at Vanderbilt University in Nashville, Tennessee, on June 11. Photo: AP

Quentin Parker is an astrophysicist based at the University of Hong Kong and director of its Laboratory for Space Research.

Three years ago, I warned in these pages that the greatest existential threat to humanity might not emerge from a stray asteroid or a cosmic cataclysm but from uncontrolled artificial intelligence (AI). Today, the trajectory towards an AI Armageddon has not merely accelerated, it has violently careered off the rails of human oversight.
The academic debates of

Singtel weighs Optus stake sale as Australian watchdog launches court action

Australia’s ⁠communications ⁠regulator has taken Optus to court over last year’s network outages, which were linked to four deaths

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People walk past an Optus store in Sydney on September 29, 2025. Photo: Reuters

Singtel, Singapore ’s largest telecommunications company, confirmed on Thursday that it was in discussions with multiple parties over a potential stake sale ‌in its Australian telecoms unit Optus, but said there was
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New yacht travel scheme makes waves but can Hong Kong cash in on marine economy?

For the first time, veteran sailor Thomas Wong Kam-chuen and his partners set sail from Hong Kong on their 46-foot yacht on a two-day trip earlier this month to a holiday island in Zhuhai, testing the waters for more leisure travel to mainland China.

After a five-hour voyage from the Causeway Bay typhoon shelter on a sunny weekend, they anchored their Danish-built yacht, DBX2, at Guishan Island, went ashore for a seafood lunch with beer and stayed overnight.

“Food

Thomas Wong (rear, black shirt) and his friends enjoy a seafood feast on Guishan Island. Photo: Handout

‘Negotiation fatigue’ risks stalling South China Sea code of conduct progress

Philippine Secretary of Foreign Affairs Theresa Lazaro meets China’s Foreign Minister Wang Yi on the sidelines of the Asean Foreign Ministers’ Meeting in Pasay last Wednesday. Photo: EPA
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5 killed in Brazil, as fierce winds bring chaos to Rio, Sao Paulo region

Five people have died after powerful gusts of wind in Brazil brought chaos to Rio de Janeiro and parts of Sao Paulo state, cutting power and bringing public transport to a standstill.

Residents of Rio de Janeiro were taken by surprise when winds of up to 100km/h hit just before rush hour, felling dozens of trees and leaving thousands stranded as the city’s three subway queues ground to a halt.

The fire department said in a statement that two people had died when a wall collapsed in the city

A tree lies on the median of Avenida das Americas after strong gusts in Rio de Janeiro, Brazil, on Wednesday. Photo: AFP

HKMA keeps base rate at 4% as US market slumps, fears the Fed is losing inflation fight

The city’s base rate was kept at 4 per cent by the Hong Kong Monetary Authority (HKMA) on Thursday. Hours earlier, the US Federal Reserve also retained its target rate in the range of 3.5 per cent to 3.75 per cent, concluding its fifth Federal Open Market Committee (FOMC) meeting this year.

The US stock market slumped on Wednesday with the Dow Jones down 1,152 points or 2.2 per cent, while the S&P 500


‘She killed the kids!’ Police call from Lindsay Clancy’s husband brings tears to courtroom

World United States & Canada

The ex-US nurse is accused of strangling her three children, in a murder trial that has centred on her mental state after childbirth

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Lindsay Clancy is seen during jury selection in her triple murder trial in Plymouth, Massachusetts, on July 22. Photo: Reuters

Lindsay Clancy sobbed in court on Wednesday as jurors listened to the anguished emergency call her then-husband made after returning from an errand to find she had strangled their three children in their Massachusetts home.

On the roughly seven-minute recording, Patrick

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How Trump’s call for Asia-Pacific allies to raise defence spending may backfire on US

The president hopes his demands will benefit the US defence industry but analysts believe local arms makers may be the main beneficiaries

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Illustration: Lau Ka-kuen

Donald Trump’s demands that American allies in the Asia-Pacific region share more of the defensive burden have renewed questions about how far they can rely on the United States to help deter the likes of China and


Trump unveils US$22 billion plan to remake Washington Dulles airport

US President Donald Trump unveiled a US$22 billion plan on Wednesday to rebuild Washington Dulles airport by replacing concourses and adding a large parking garage while preserving the landmark main terminal.

The announcement is the latest in a series of major projects he has announced in and around the US capital.

“It’s considered one of the ‌worst airports anywhere in the world, we’re going to make it maybe the best with some hard work,” Trump said, arguing it was time “for a major and

A rendering of the planned renovation of Washington Dulles International Airport is seen in the Oval Office on Wednesday. Photo: AFP