Volkswagen China deliveries see 26% drop year on year to lowest point since 2010

A Volkswagen electric vehicle sits on a production line at a factory in Hefei, in China’s eastern Anhui province, on February 4. Photo: Reuters.

Volkswagen Group’s deliveries in China slumped during the first half of 2026 to their lowest level in 16 years, as local electric vehicle (EV) brands further siphoned off buyers’ interest in petrol cars amid a slowing market.

Through its three ventures with Chinese partners, the German car brand handed over a total of 971,000 units to customers in China between January and June, down 26


Don’t expect the rising tide of AI to lift all boats

Workers walk outside a data centre building under construction in Johor Bahru Malaysia, on September 28, 2024. Photo: AP

Anthony Rowley is a veteran journalist specialising in Asian economic and financial affairs.

The AI revolution points to higher economic growth for economies linked to the tech supply chain, with others being left behind. It also signals the potential for financial crises. Balancing these risks will be tricky. The relative optimism, displayed in a recent report from the International Monetary Fund (IMF), may turn out to be misplaced.

Certain economies in Asia and beyond that


Chinese student sets up a will bequeathing US$2.9 million estate to childhood friend

Like the cliff climber above, 19-year-old Li is an extreme sports enthusiast, and made a will leaving his nearly US$3 million estate to a childhood friend in case his high-risk obsession proves fatal. Photo: Shutterstock

A 19-year-old Chinese student recently made a will bequeathing his personal wealth of 20 million yuan (US$2.9 million) to his childhood friend, sparking heated discussion online.

The teenager from Shanghai, surnamed Li, recently set up a notarised will to bequeath the property under his name, including a flat and savings of millions of yuan, to his childhood friend.

Li claimed that his parents had divorced and


Hong Kong could adjust tunnel tolls as traffic surpasses pre-reform peak

Transport Department says tolls should remain flexible because queues amid some peak periods still spill onto connecting roads, non-tunnel lanes

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Average weekday traffic across the three crossings rose by 5 per cent to 284,700 vehicles between January and April 2026. Photo: May Tse
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How overlapping US and China sanctions are complicating business in Africa

US-imposed sanctions targeting other countries and a growing list of Chinese laws aimed at countering the measures are creating a compliance minefield for African businesses dealing with the world’s top two economies.

At risk is a broad range of industries including mining, banking, telecommunications, technology, energy, infrastructure and others in which African businesses are simultaneously exposed to US and Chinese counterparties, according to analysts.

Compliance consultants covering the continent have reported a surge in inquiries by companies and investors gauging their exposure.

“China’s new

A train runs on the Ethiopia-Djibouti railway near Addis Ababa. Photo: Xinhua

Cambodian villagers fear US$43 million tiger reintroduction plan

A road sign is seen on the way to a “Tiger Reintroduction Station” in Cambodia’s Cardamom National Park. Cambodia’s last confirmed tiger sighting was in 2007. Photo: AFP

Pan Sok still remembers his relative screaming as a tiger dragged him away one night, deep inside the Cambodian rainforest where they were tapping trees for resin.

So he is “not happy” about a plan to reintroduce the big cats, a decade after they were declared extinct in Cambodia .

“I saw the tiger take him with my own eyes,” he said, describing the attack that took place over 30 years ago. “He

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No public subsidies needed for Pak Shek Kok MTR station: Hong Kong minister

No government subsidies will be needed to build the long-awaited Pak Shek Kok station on the East Rail line, Hong Kong’s minister has said, after authorities agreed to grant the MTR Corporation development rights at two sites.

Secretary for Development Bernadette Linn Hon-ho said on Saturday that the “rail-plus-property” model would fully cover construction costs, even though a detailed estimate had yet to be finalised.

“We are still awaiting the MTR Corp’s detailed design and cost estimates,” Linn

Secretary for Development Bernadette Linn says the “rail-plus-property” model would fully cover construction costs. Photo: May Tse

Surge in abandoned animals amid land clearance for Northern Metropolis development

Three-legged dogs and one-eyed cats are common sights at a veterinary clinic opened by an animal welfare group in the Fo Tan area of Hong Kong’s Sha Tin district, with some of these animals having been there for so long that the medical centre has become their home.

While their injuries or illnesses vary, they share the same painful experience of being displaced by the Northern Metropolis development project, a government blueprint to transform 30,000 hectares (74,132 acres)


At Indonesia’s sharia frontier, 21 lashes for a TikTok kiss ‘is our right’

A man convicted of having sex outside marriage receives 100 lashes from a member of the sharia police during a public caning in Banda Aceh, Indonesia, on May 21. Photo: AFP

Footage of the punishment quickly went viral: an unmarried couple each receiving 21 lashes of the cane in Indonesia ’s Aceh province after being accused of kissing in a car and live-streaming it on TikTok .

As each blow landed on their backs, the unnamed man, 22, and woman, 25, visibly grimaced. The woman later burst into tears, wailing in pain as the public punishment continued.

The caning was

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Trump says missiles ‘locked, loaded and aimed at Iran’ amid calls for his killing

US President ⁠Donald Trump ⁠said on Friday ⁠he had ordered the military to be prepared to launch strikes against Iran if the ‌Iranian government carried out or attempted an assassination of the president.

“1000 Missiles are Locked and Loaded and aimed at the Islamic ⁠Republic of Iran, with thousands of ‌more to immediately follow, should the Iranian Government act on ‌its threat, pronounced in many corners ⁠of ⁠the Globe, to assassinate, or attempt to assassinate, ‌the sitting President of