A Standard Chartered-led joint venture kicked off institutional use of Hong Kong dollar-backed stablecoins on Wednesday, a year after the city put its stablecoin law into effect as part of an effort to become a global hub for digital assets.
Retail use of the regulated cryptocurrency was expected “as early as end-2026”, subject to market conditions, said Anchorpoint Financial, a Hong Kong-licensed stablecoin issuer, in a statement on Wednesday.
A joint venture formed by Standard Chartered, Animoca Brands and
China’s National Cultural Heritage Administration is putting museums nationwide on notice to strengthen emergency management during the summer peak season, following a series of operational failures, including a sudden power outage in Xian’s Terracotta Warriors museum last week.
According to the notice published on Monday, there have been issues such as blackouts, air conditioning failures and severe overcrowding at some museums, triggering safety fears and public concern.
The disruptions revealed that a small number of cultural and museum institutions “lack sufficient risk assessment, emergency preparedness and smooth
On Wednesday, the European Union’s Packaging and Packaging Waste Regulation (PPWR) became applicable across the bloc. Replacing a 1994 directive, the regulation sets requirements for every piece of packaging placed on the EU market, covering chemical restrictions, recyclability, producer responsibility and other compliance obligations.
The rules aim to minimise the volume of packaging and waste generated while lowering the use of primary raw materials and fostering the transition to a sustainable
In traditional Chinese culture, the cardinal directions – east, west, south, and north – represent more than mere points on a compass; they reveal how ancient societies comprehended life, death, and human nature.
The Shuowen Jiezi , the earliest surviving dictionary of China compiled during the Eastern Han dynasty (25–220), explains the four cardinal directions in relation to the movement of the sun.
The east, or dong
When BTS kicked off their Arirang world tour – their first since completing mandatory military training – in the South Korean capital in April, local hotels recorded a major uptick in bookings,
As Washington and its allies tighten cooperation in the region, Beijing steps up defence ties with Southeast Asia’s biggest economy
2 -MIN READ 2 -MIN
The People’s Liberation Army would conduct joint naval training with Indonesia in waters east of Taiwan, Beijing’s defence ministry announced on Tuesday.
A school bus driver lost consciousness and another passenger was slightly injured when the vehicle carrying about 50 children crashed inside Shing Mun Tunnel on Wednesday afternoon.
The coach was travelling towards Tsuen Wan when it suddenly lost control and struck the tunnel wall at around 3.30pm.
Emergency responders found the driver, a man in his fifties, unconscious at the scene
