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Featured News

What is the Budget and what could be in it?

Oct 26, 2026

Chancellor John Healey will set out his plans for UK taxes on 28 October.

Healey's Budget needs to sustain the stronger economy through gathering clouds

Oct 26, 2026

Data centre debate heats up ahead of US midterms - here's what you need to know

Oct 25, 2026

Attention, Passengers: High Airfares May Be Here to Stay

Oct 25, 2026

A Fight Over Felon Voting Prompts a Free Speech Debate

Oct 25, 2026

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Latest News

Oct 25, 2026

Noah Adams, Longtime Host of ‘All Things Considered,’ Has Died at 84

A postman’s son from Kentucky, he worked hard to lose his accent but never forgot his Appalachian roots. “The best stories come from west of the Potomac,” he said.

Oct 25, 2026

How to Straddle the MAGA Divide

Oct 25, 2026

C.E.O.s Say the A.I. Rollout Is Going Well. Employees Feel Differently.

Oct 25, 2026

Audi to Build Factory in Georgia, Trump Says

Oct 25, 2026

Former ‘60 Minutes’ Boss to Join Video Journalism Start-Up

Interesting Read

Caryle Murphy Has Died. She Earned a Pulitzer for Reporting in Kuwait.

A Washington Post journalist, she was one of the few Western reporters in Kuwait in 1990 when Saddam Hussein’s forces invaded.

Oct 26, 2026

‘You Can See Everything’ Gives ‘Clayface’ a Run for Its Money at the Box Office

“Clayface” was No. 1 at the box office, but “You Can See Everything,” a documentary about the disgraced Theranos founder, surged in its second weekend.

Oct 25, 2026

Trump: Audi to invest US$4.2bn in its first US plant

US President Donald Trump on Saturday announced that Audi will build an automobile plant in Georgia as he tries to deliver on his promise to bolster American manufacturing in the final days before the midterm elections. Speaking at a campaign rally in Perry, Georgia, where he sought to boost Republican candidates, Trump said Audi – the German luxury brand owned by Volkswagen – would commit US$4.2 billion in nearby Macon to begin construction on a plant that will produce 200,000 cars a year. “Think of that. 200,000 cars a year. That’s incredible,” Trump said, crediting his aggressive and unpopular tariff policies for the company's decision to build the plant. The announcement seemed timed to offer a last-minute boost to Republican candidates in the battleground state, including Representative Mike Collins, who is trying to unseat Democratic Sen. Jon Ossoff. Trump has spent October campaigning in reliably Republican states as the party tries to hold onto its majorities in the House and Senate. Trump won Georgia in 2024 after losing it in 2020. Trump was joined on stage by Gernot Dollner, the chairman of the board of management at Audi, who said the plant would be producing “our biggest and most premium SUVs”. “This is a long-term investment, because we believe in the American market,” he said. Audi, in a news release, said the plant – its first in Georgia – would create about 4,500 jobs and that construction was scheduled to begin in 2027, with production beginning in the early 2030s. Republicans are bracing for losses in the November 3 midterm elections as they contend with an unpopular president and an electorate that is angry over high costs and the ongoing war in Iran. (AP) Edited by Aaron Tam

Oct 25, 2026

Around 1m workers to benefit from MPF Full Portability

Around one million workers are set to benefit from an upcoming arrangement that allows employees to transfer not only their own mandatory contributions, but also their employer’s, to an MPF scheme of their choice once every calendar year, the Mandatory Provident Fund Schemes Authority (MPFA) said on Sunday. Phase one of the MPF Full Portability scheme is set to begin on December 21. Employees who joined the workforce or changed jobs on or after May 1 2025 – the day the MPF offsetting arrangement was officially abolished – will be eligible for the first phase. Writing in a blog post, MPFA chairman Ayesha Lau said the scheme would improve people’s control over their MPF portfolios and encourage employees to manage their retirement reserves more proactively. She expects the number of beneficiaries to continue to rise as more graduates enter the workforce and employees change jobs. As for workers who started their current jobs before May 1 2025, Lau noted that because their employer mandatory contributions may continue to be used to offset long service payments or severance payments for employment periods prior to that date, additional legislative amendments would be required to balance operational needs and enhanced employee control. Transfers for the 2026 calendar year can be made between December 21 and 31, while transfers for 2027 will open on January 1. Lau pointed out that the new scheme would not change existing arrangements for employers, who would continue to make contributions via the MPF schemes they participate in. She also reminded workers that the MPF is a long-term investment, advising them to avoid making frequent transfers or switching schemes simply for the sake of it. Edited by Tony Sabine

Oct 25, 2026

'Strategic enterprise investments in HK hit HK$28bn'

Investments made by the first six batches of firms brought to Hong Kong through the Office for Attracting Strategic Enterprises reached HK$28.3 billion as of the end of September, according to Financial Secretary Paul Chan. Writing in his weekly blog, Chan noted that, including the seventh batch of 18 firms recently welcomed, a total of 142 strategic enterprises have now established or expanded their operations in Hong Kong. “They are expected to generate around HK$84 billion in investment while creating roughly 27,000 jobs over the coming years,” he said. “More importantly, these investments are materialising on the ground. As of the end of September this year, actual investments by the first six batches reached HK$28.3 billion while employing over 10,300 people – exceeding the initial phased targets by 30 percent and 34 percent respectively.” Corporate confidence in Hong Kong is gradually being reflected in real economic outcomes, Chan said. He added that among the first six batches of enterprises, around 70 percent have established global or regional headquarters in Hong Kong, while nearly 90 percent have set up R&D centres. Chan said this brings not only capital and jobs, but also research and decision-making functions – both of which are crucial to maintaining Hong Kong’s long-term competitive edge. Edited by Tony Sabine

Oct 25, 2026

Apec meeting showcases HK's role as a bridge: FS

Financial Secretary Paul Chan on Sunday said hosting the recently concluded Apec Finance Ministers' Meeting carried multi-layered significance for Hong Kong. The two-day event wrapped up in the SAR on Wednesday. Speaking on a Commercial Radio programme, Chan said many participants came from the political and business sectors, allowing them to see and understand Hong Kong first-hand and observe how the city serves as a bridge connecting the mainland and the rest of the world. He pointed out that there are many areas for collaboration and new market opportunities for the SAR’s professional services sector. “Through communication and exchanges, we understand their needs better. For example, many countries need infrastructure, and infrastructure needs investment, professional services, and even operational management. Some enterprises want to enter the mainland market. We told them that in these areas, they can collaborate with Hong Kong,” he said. The financial secretary acknowledged that it is sometimes difficult for Apec member economies to reach a consensus on issues, given their differing political stances, development stages, and needs. But he stressed, Hong Kong would strive to seek common ground while respecting differences, aiming to maximise room for collaboration wherever possible. Speaking on a TVB programme, Secretary for Financial Services and the Treasury Christopher Hui said Hong Kong had demonstrated its soft power in hosting the event. "The Apec finance ministers issued a joint statement as the meeting concluded. This proves that Hong Kong not only brings people together, but also helps deliver results," he said. "We can help our country foster regional collaboration across the broader Asian region." Some delegates also chose to stay behind for a few extra days after the meetings wrapped up to explore more of the city, Hui said. Edited by Tony Sabine

Oct 25, 2026

How Trump Gave the Worst Polluters a Free Pass

The president temporarily waived clean-air rules for industrial facilities that spew cancer-causing gases. Then his appointees worked to gut the regulations altogether.

Oct 25, 2026

Trump lifts some Canada tariffs ahead of midterms

With an incumbent Maine US senator from his own party locked in a tight reelection battle, US President Donald Trump signed an order on Friday to remove 50 percent tariffs on some Canadian agricultural and forestry products in a move that could benefit companies from the northern state. The Republican president's hefty tariffs on Canada have caused friction with the US neighbour to the north while creating problems for American businesses in Maine and other states that rely on certain Canadian goods. With the November 3 US midterm elections looming and Republicans fighting to retain control of both houses of Congress, Senator Susan Collins had urged the White House to address tariffs on products affecting companies and farmers in Maine, a state that borders Canada. Trump's order exempted plywood sheets, some paper products, certain machinery and refrigeration equipment, and packing crates and boxes, as well as fresh and dried seaweed, the White House said. The changes take effect on October 30, four days before the election. Trump added a number of Canadian products to the 50 percent tariff list to offset the tariff relief provided in his order, including carpets, paints, waste, shampoos, cocoa powder, wooden coffins, ice cream sticks, air-conditioning machines, chest freezers, archery equipment and canoes. Collins said the relief would aid Maine's blueberry, potato, apple and seaweed producers. "These producers are a vital part of our state's economy and support our rural and coastal communities," Collins said. "Many of our farmers and growers rely on specialised equipment, packaging materials and other products from Canada that are either unavailable from American suppliers or cannot be replaced without incurring significant expense." Democrat Troy Jackson is seeking to oust Collins in a race that polls indicate is very close. The two sparred over tariffs at an October 6 debate. "Trump's trade wars have made life harder and more expensive for Mainers," Jackson said on Friday after Trump's action. "Susan Collins enabled this chaos, voted to confirm the people behind it and now wants credit for bringing a cup of water to put out the fire." Collins did not immediately respond to a request for comment on Jackson's remarks. Trump in August imposed 50 percent tariffs on US$20 billion of Canadian imports, which took effect after talks between the two countries collapsed. Canada retaliated in September with tariffs ranging from 15 percent to 50 percent on US$20 billion of American goods. Canada and the United States have been in a standoff over the tariffs since Trump imposed them. Trump asserted on Friday that Canada is working on a deal. Republican candidates in northern US border states most affected by the tariffs, including Maine and Michigan, are trying to strike a balance between appealing to Trump's conservative base and winning over independent voters. In a statement concerning Trump's action on Friday, White House spokesperson Matthew Middleton said the president "continues to address Canada's discriminatory treatment of US commerce" and that the new moves are "further refining the scope" of the previously announced tariffs. Dominic LeBlanc, Canada's minister responsible for trade with the US, said Ottawa was assessing Trump's latest tariff change. "Canada stands ready to work constructively and in good faith towards a more mutually beneficial trading relationship that respects Canada's interests," LeBlanc said in a statement. The economies of Michigan and Maine have long been intertwined with that of Canada, covering everything from auto parts to lumber to fruit-picking equipment. Republicans may need to win closely contested Senate races in both states in order to maintain their slim majority in the chamber. "Trump's desperate, 11th-hour attempt to save Susan Collins' political career is an admission that American voters are rejecting his toxic tariff policies," Senator Ron Wyden of Oregon, the top Democrat on the Senate Finance Committee, said in a statement on Friday. "No one will forget how Trump raised prices on thousands of products American families need by slapping trade taxes on goods from around the world." Michigan US Senate candidate Mike Rogers, a Republican who previously called for ending the trade war with Canada, praised Trump for imposing tariffs on Canadian trash. "If you’re going to be putting tariffs on anything from Canada, it ought to be the damn trash they’ve been dumping in our state for decades," Rogers said. Trump's threat in September to block Canadian jet maker Bombardier from the US market became a political issue in Kansas, where the company employs 1,500 workers in Wichita. Trump dropped the threatened ban this week after calls from Kansas lawmakers including Republican Senator Roger Marshall, who is also locked in a tough reelection race. (Reuters) Edited by Tony Sabine

Oct 24, 2026

US stocks finish down; all eyes on Fed, oil prices

US markets closed lower on Friday, with investors concerned by rising oil prices, and also looking ahead to a Federal Reserve interest rate policy meeting. The Nasdaq Composite posted a slim loss a day after suffering its biggest one-day drop since June, as concerns flared over financing costs to support heavy AI investment spending. Next week, about one-third of S&P 500 companies report quarterly results, including Alphabet, Microsoft and Amazon, three AI hyperscalers. "There is still fallout from the questioning of the AI trade," said Kristina Hooper, chief market strategist at Man Group. "There's certainly the potential that we see less invested in an AI data centre build-out next year than has been projected. So I certainly think that's giving pause." The Dow Jones Industrial Average fell 652.82 points, or 1.23 percent, to 52,215.16; the S&P 500 lost 39.75 points, or 0.52 percent, to 7,623.68 and the Nasdaq Composite lost 53.52 points, or 0.21 percent, to 25,955.34. Telecommunications stocks fell, weighing on the communication services sector, after a report that SpaceX was seeking thousands of cell sites for a fourth wireless carrier. The energy sector rose 2.5 percent, hitting a record high. Brent crude hit its highest level since late April, after Houthi attacks in Saudi Arabia stoked concern over further disruption to energy supplies from the Middle East. American Express shares fell 3.7 percent, weighing on the Dow. The company raised its profit forecast as it also announced plans to eliminate five percent of its workforce. Data from the University of Michigan showed US consumer sentiment edged down near a record low in October, as rising prices because of the Middle East conflict soured households' views of the economy. Market focus remains on the earnings season, with robust corporate profit growth underpinning gains for major equity indexes this year. The Fed is expected to keep interest rates steady when it gives its policy statement on Wednesday, but investors will be eager for clues about whether the US central bank will hike rates at its December meeting. Wall Street is also increasingly focused on the November 3 midterm elections, which will decide control of the US Congress. (Reuters) Edited by Tony Sabine

Oct 24, 2026

Public Colleges Are Passing the $50,000-a-Year Mark. For Locals.

Oct 25, 2026

Featured News

What is the Budget and what could be in it?

Healey's Budget needs to sustain the stronger economy through gathering clouds

Data centre debate heats up ahead of US midterms - here's what you need to know

Attention, Passengers: High Airfares May Be Here to Stay

A Fight Over Felon Voting Prompts a Free Speech Debate

Latest News

Noah Adams, Longtime Host of ‘All Things Considered,’ Has Died at 84

How to Straddle the MAGA Divide

C.E.O.s Say the A.I. Rollout Is Going Well. Employees Feel Differently.

Audi to Build Factory in Georgia, Trump Says

Former ‘60 Minutes’ Boss to Join Video Journalism Start-Up

Interesting Read

Public Colleges Are Passing the $50,000-a-Year Mark. For Locals.

100 million import orders? Yiwu did it in a flash!

Global funding for nature still falling short: Paulson Institute

Budget to include £1bn for social and affordable housing

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Schroders: China's capital market opening deepens two-way connectivity

My Co-Worker Is Losing It Over My Religion

The Long Life of the ‘Snacking Occasion’

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