‘Upside potential’: World Gold Council counts on Asian buyers to curb price plunge

The World Gold Council said Asian markets were a growing force in gold price discovery, while US investors have pulled back on the metal due to high interest rates and inflation. Photo: Reuters

Asian markets are a growing force in gold price discovery as the metal remains sensitive to heightened geopolitical concerns and abrupt shifts in investor sentiment, according to the World Gold Council.

Asian trading hours have been a key driver at gold price rebounds during the first half of the year, while the pullbacks tended to occur when US markets were open, according to the council’s global


Mainland Chinese tourists pack landmarks as Hong Kong marks 29th anniversary

Festive events and promotions across Hong Kong marking the 29th anniversary of its return to Chinese sovereignty have drawn large numbers of mainland tourists to major attractions and landmarks in the city.

Amid a sea of red national flags and celebratory banners on Wednesday, visitors told the South China Morning Post that they thoroughly enjoyed the perks on offer, including complimentary ferry rides, free museum admissions and an array of dining and retail discounts of up to 29 per cent.

Along the Tsim Sha Tsui promenade, crowds gathered to photograph the


Spain blames over 1,000 excess deaths on heatwave, in second-hottest June ever

At the heatwave’s peak, June 23, almost 75 per cent of the population were exposed to health risks due to heat. The hottest June was in 2025

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A tourist drinks water in Barcelona, Spain, on a hot day. File photo: AP

Spain recorded 1,029 excess deaths last ⁠month attributable to ⁠heat, official data showed ⁠on Wednesday, as a five-day heatwave with temperatures surpassing 40 degrees Celsius (104 degrees

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Indonesian civil trainee deaths spur criticisms of Prabowo’s reliance on military drill

When Indonesian President Prabowo Subianto promised to build 80,000 village cooperatives across the archipelago, the aim was to drive rural growth, strengthen food security and give communities greater control over essential goods and services.

But the deaths of five trainees preparing to manage the cooperatives have cast a shadow over the US$13.4 billion programme, one of Prabowo’s flagship initiatives alongside free nutritious meals and affordable housing.

The trainees were required to take part in a programme that included basic military exercises overseen by


Thailand’s Bangchak fuels North Asia push with HK$2.1b Caltex petrol stations deal

One of Thailand’s largest energy conglomerates has bought Caltex petrol stations in Hong Kong in a HK$2.1 billion (US$270 million) deal, which the firm will use as a springboard into North Asia.

Semi-privatised Bangchak Corporation Public Company on Tuesday completed the acquisition of 100 per cent of the shares of Chevron Hong Kong from Chevron Companies (China), according to a Bangchak statement.

A source told the South China Morning Post that the sale was driven by a combination


Malaysia closes jurisdictional gaps on child sexual abuse in ‘meaningful reform’

Malaysia’s lower house parliament building in Kuala Lumpur. Photo: AP

Malaysia has given its courts the power to prosecute some sexual offences against children committed overseas, extending the reach of its law beyond national borders as abuse allegations increasingly cross countries, devices and jurisdictions.

But lawyers and child rights advocates say the change will only be as strong as Malaysia’s ability to secure evidence, obtain cooperation from foreign governments and support child victims through complex cross-border cases.

The amendment comes amid renewed scrutiny of child sexual offence

How a ‘Chinese heart’ could get US blood pumping despite biotech decoupling

The BrioVAD pump is the first implantable device from China to receive approval for clinical trials in America

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Heart patients can hopefully use the device for life or as a “bridge to transplant”. Photo: Shutterstock

The fully magnetically levitated pump, which is slightly bigger than a table tennis ball, has been fitted to more than 100 patients with advanced heart failure across the United States as part of a nationwide clinical trial.

The BrioVAD is a left ventricular assist device (LVAD) that helps pump oxygen-rich blood to


Chinese student displays 70 marathon medals at graduation after running to fund education

A university student in northwestern China who used a shoulder pole to carry over 70 marathon competition medals to his graduation ceremony has captivated mainland social media.

Jin Yanwei, 24, graduated from Xian Traffic Engineering Institute in Shaanxi province this summer.

The school held its graduation ceremony on June 23. After receiving his graduation certificate from two school leaders, Jin stepped off the stage, picked up a shoulder pole that was hung with dozens of medals, and carried it back to the stage for display.

Upon receiving his degree, Jin stepped off the stage to grab a shoulder pole hung with dozens of medals, carrying it back up for an official graduation photo with university leaders. Photo: Handout
Upon receiving his

Mahathir and PAS demand Malay unity in Malaysia’s Johor poll

This Week in Asia Politics

The state election is serving as a testing ground for a cross-party Malay alliance, threatening traditional coalition loyalties

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A combination photograph shows Malaysia’s former prime minister Mahathir Mohamad (left) and PAS chief Abdul Hadi Awang overlaid with a transparent Malaysian flag. Photos: Reuters, AFP

Malaysia ’s Johor election has opened a new front in the country’s long-running racial politics, after former prime minister Mahathir Mohamad and Islamist party PAS urged voters to put “Malay-Muslim political power” ahead of party loyalty in one of the country’s

Thailand’s suitcase murder raises safety fears as Pattaya mourns for teen victim

Thai forensic police officers on Friday inspect a suitcase containing the body of a Thai teenage girl believed to have been murdered by an Australian man near a railway track in Pattaya, Thailand. Photo: EPA

Just days after she last saw a teenager, known to her friends as Cake, on Pattaya Beach, Ning began to realise the unfolding horrors that shocked Thailand .

The body of the 17-year-old was found on Saturday, placed inside a black suitcase and dumped in scrubland next to a railway track.

“I would see her often. I didn’t realise she was still just a child,’’ Ning, 22