Elon Musk’s recent record-breaking SpaceX IPO has thrust the space economy into the financial mainstream, but mainland China’s trillion-yuan commercial space sector remains strikingly underinsured – a gap industry insiders say presents a rare opportunity for Hong Kong.
On the mainland, only third-party liability insurance is mandatory for commercial space activities. Coverage for research and development, manufacturing, testing, launches and in-orbit operations remained largely optional, according to Li Zhizhong, an academician at the International Academy of Astronautics.
Yet
Eleven people, including a pilot and 10 parachutists, were killed when a small plane crashed in the northeastern French town of Tomblaine on Sunday, narrowly missing nearby homes, local officials and a witness said.
The aircraft, used by a parachuting school and carrying five trainee parachutists and five instructors, went down shortly after take-off, officials said. French media reported the trainees were a group of nurses.
A witness who declined to be identified said the plane was climbing at around 11am
Sebastian Contin Trillo-Figueroa is a geopolitics analyst with a specialisation in EU-Asia relations.
Generals losing a war examine the enemy, battlefield and their own forces. Brussels prefers a different sequence, ordering new weapons first and worrying about the diagnosis later. That instinct was on display at the recent European Council meeting.
He is suspected of beating a woman to death before placing her body in a suitcase, trying to conceal what happened and fleeing the scene
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A British man has been arrested in Ecuador after the body of a woman was found inside a suitcase despite him telling The Sun newspaper that he was watching England at the time.
A helicopter belonging to Saudi oil giant Aramco crashed on Sunday in Ras Tanura on Saudi Arabia’s eastern coast west of the Strait of Hormuz, killing 14 nationals, the state news agency reported, adding that the cause was unknown.
Aramco had resumed crude oil loadings on Friday at its Ras Tanura terminal in the Gulf after
The report from the Washington-based Information Technology and Innovation Foundation said China had rapidly built a powerful commercial space sector under strong state backing and was narrowing the innovation gap with the US
Hundreds of Hongkongers gathered in Kwun Tong overnight on Saturday to bid farewell to the streets around a historic town centre before they faded into history, with many stopping to capture one last photograph of a neighbourhood that had been part of their lives for decades.
Families, couples and former residents queued beneath the Yue Man Square and Tung Yan Street signs, while others lingered at the busy junction to watch traffic pass through the last time before the roads were permanently closed at midnight on Saturday, as part of the redevelopment of the Kwun
At a century-old teahouse in Hong Kong, a crowd of about 30 people huddled around tables packed with dim sum on a Thursday morning as they watched South Africa score against South Korea in the World Cup.
Lin Heung Lau’s branch in Sheung Wan has become one of the city’s most unlikely venues for catching football after it opted to capitalise on the World Cup, with its design and marketing director saying the establishment had reaped several benefits.
The business spent more than HK$200,
