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61% of eligible DSE candidates get into Hong Kong public universities, down from 70%

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Competition for places greater as axing of liberal studies core subject allowed more students to meet minimum entrance criteria.

US government sued by Conservative legal group over Chinese import tariffs

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New Civil Liberties Alliance filed ‘first lawsuit’ seeking to block tariffs on Chinese imports, saying Trump overstepped his authority.

China’s biotech firms record surge in overseas licensing deals in first quarter

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Chinese drug makers landed 33 licensing deals with overseas pharmaceutical firms, with transactions totalling US$36.2 billion.

Trump says things ‘going very well’ after worst stock market drop in years

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Dow Jones Industrial Average dropped more than 1,600 points on Thursday as US stocks led worldwide sell-off over Trump’s tariffs.

Prince Harry blasts ‘blatant lies’ as watchdog launches Africa charity investigation

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Harry, accused of bullying by Sentebale’s chairwoman, said investigation would ‘unveil the truth’ of why he had to resign as a patron.

From Guangdong to LA, tariff superstorm alters course of global business expansions

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Businesses rethink plans after Trump unleashes whirlwind of tariffs, and analysts say that while trade barriers might be overcome, others must ‘abandon wishful thinking’.

Trump says China could get tariff relief if it approves TikTok deal

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‘We could use tariffs … to get something in return,’ Trump said. TikTok faces April 5 deadline to find non-Chinese buyer or risk US ban.

US is negotiating minerals deals with conflict-hit DR Congo, Trump official says

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Congo is the world’s largest producer of cobalt, used to make lithium-ion batteries for electric vehicles and smartphones.

Mexico’s President Sheinbaum welcomes being left off Trump’s import tariffs list

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Sheinbaum told reporters Mexico was spared thanks to her government’s ‘good relationship’ with the US administration.

Pentagon watchdog opens investigation into use of Signal for Yemen attack plans

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Defence chief Pete Hegseth and others coordinated March 15 US military strikes in messaging app conversation that included journalist.

Russia bans Elton John’s Aids foundation to defend ‘spiritual and moral values’

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British singer has spoken out against what he has said is unacceptable discrimination against gay people by Russian authorities.

Trump’s tariff calculations are sharply questioned by economists

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‘This is to economics what creationism is to biology,’ says Lawrence Summers, ex-treasury secretary and National Economic Council director.

Zambia withdraws 4 US-based footballers from China tournament over US travel limits

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The 4 players will not be able to compete at a women’s tournament in Yongchuan owing to US travel measures, Zambia Football Association said.

Canada hits US car sector with 25 per cent tariffs, mirroring Trump’s move

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Canada was spared Trump’s ‘reciprocal tariffs’, but new 25 per cent US tariffs on foreign-produced vehicles still took effect on Thursday.

Fitch cuts China rating on weakening finances, debt concerns, following Trump tariffs

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China’s Ministry of Finance reacted strongly, describing the decision to downgrade from “A+” to “A” as biased and not reflective of reality.

French worker faces 30 years’ jail on charges of killing baby with drain fluid

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Myriam Jaouen, 30, faces charges of killing baby Lisa by making the infant drink drain cleaning fluid at the day care centre where she worked.

France’s Macron urges firms to halt US investments in ‘collective solidarity’

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Macron also insisted that the EU shouldn’t be shy when responding to US tariffs.

US Senate panel approves Trump pick Paul Atkins as SEC chairman

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In a party-line vote, the committee voted 13-11 to approve Paul Atkins as chair of the US Securities and Exchange Commission.

Apple, Tesla, Walmart among US firms seen hit by Trump’s tariffs on China

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For perspective, the tariffs could wipe out 9 per cent of Apple’s gross margin – unless the added costs are passed through or an exemption is granted, analysts found.

Trump tariffs: ‘bad news for all’ as Asia hard hit by levies, amid fears of global trade war

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‘Disproportionately stiffer’ tariffs for the region will be detrimental to growth for export-reliant Asian economies, experts warn.

‘Deeply unreasonable’: Trump’s 32% tariff on Taiwanese imports stuns Taipei

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Cabinet spokeswoman says Taiwan will ‘lodge solemn representation’ with US trade representative and push for negotiations to protect its interests.

Beijing’s top man in Hong Kong says city remains ‘safest’ in ‘chaotic world’

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Zheng Yanxiong, director of central government’s liaison office, discusses significance of ‘two sessions’ for Hong Kong in meeting with city leader John Lee and other top local officials.

Hong Kong lawmaker calls for support of city’s Web3 sector after Tron founder flags fraud

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The call comes after cryptocurrency mogul Justin Sun denounced alleged ‘loopholes’ in Hong Kong’s trust regulations.

As Trump decrees ‘de minimis’ exemption dead for China goods, what’s the ‘bottom line’?

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The order, likened to ‘closing a loophole’, could ‘significantly increase administrative and compliance costs’ for the US, and Chinese firms can still stay competitive, analysts say.

China’s lidar sensor makers Hesai, RoboSense stand to gain after fatal Xiaomi SU7 EV crash

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Adoption of the laser-based sensors will increase as consumers demand safe self-driving systems, analysts say.

An Asia racked by natural disasters needs insurers to step up

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Instead of withdrawing from high-risk areas, Asia’s insurers must become an active partner in long-term climate risk management.

Vietnam helped China’s firms avoid US tariffs. Trump just put an end to that

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The US president’s reciprocal tariffs not only impose steep tariffs on China, but also popular transshipping destinations used by Chinese exporters.

Trump tariffs may drive bad loans in China to pandemic-high levels, S&P says

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Non-performing assets ratio could approach 6.5 per cent seen during the Covid-19 pandemic in 2022 if tariffs hit harder.

Trump’s ‘Liberation Day’ tariffs: everything you need to know

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From China’s reaction to how markets are responding, here is everything you need to know about the US’ reciprocal tariffs.

With Trump’s trade war going global, how will China respond?

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After a ‘Liberation Day’ ceremony that saw the US’ trade war expand worldwide overnight, analysts ask how China will defend itself.

Tencent-backed China Ruyi to tap bond market for US$500 million amid growth plans: sources

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The streaming media firm, behind series like ‘War of Faith’, is looking for new funds as Chinese firms accelerate offshore fundraising.

Trump tariffs jolt Apple’s supply chain in China, as shares of Goertek and Luxshare plunge

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China plays a crucial role in Apple’s global supply chain, with most iPhones being assembled there.

US dollar weakens against yen, Swiss franc on concern of Trump tariffs’ economic impact

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The Bloomberg Dollar Spot Index fell as much as 1 per cent to the lowest since November, with the US dollar sliding sharply versus the yen and Swiss franc.

BYD to double South Korea sales network in challenge to Hyundai and Kia

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Hyundai and Kia sold 1.2 million cars in South Korea last year, cornering 75 per cent of the local market.

Southeast Asians expect more US engagement amid Trump’s tariff call: survey

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Singapore, one of the US’ closest partners in the region, is the most worried about the impact of Trump’s second term, a new survey shows.

Hong Kong crypto firm HashKey moves into AI amid drive for more blockchain automation

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HashKey’s first AI product is designed for content moderation, but it envisions a future of AI agents trading on blockchain on behalf of users.

3 reasons investors are falling in love with Chinese stocks again

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Much has to go right for Chinese stocks to continue to outperform, but there is great potential if investor sentiment continues to thaw.

Top Beijing envoy in Hong Kong meets US diplomat over sanctions

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Ministry of Foreign Affairs Commissioner Cui Jianchun expresses ‘solemn representations’ to US Consul General Gregory May over penalties on six officials.

Bear market: bitcoin, other cryptocurrencies fall on risk-asset slump amid Trump tariffs

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For bitcoin, which fell as much as 4 per cent to about US$82,000 on Thursday, US$80,000 is a ‘must-hold’ level, cryptocurrency analysts say.

Trump’s tariffs rattle island that doesn’t ‘export anything’ to US

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‘They probably don’t even know where Norfolk Island is in the world,’ a resident says after the US imposed a 29 per cent levy on the Australian outpost.

Tesla lags behind BYD for the second quarter in a row as Q1 China deliveries shrink 22%

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Output from the Shanghai Gigafactory dropped to 172,754 units in the first three months of the year from 220,876 a year earlier.

Search for missing Malaysia Airlines flight MH370 paused amid ‘weather changes’

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Malaysia’s transport minister said Ocean Infinity will resume the search for the plane at the end of this year.

Proposed Hong Kong smoking ban could lead to billions lost in tax revenues: lawmaker

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Legislator Edward Leung argues tax earnings could be lost as smokers shift to illicit cigarettes, with no major reduction in smoking rate.

China battles to stabilise yuan after Trump’s tariffs spark market upheaval

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China’s central bank set the currency’s fixing rate at its lowest level since January, as regulators warned of market volatility.

Hong Kong start-up’s bento vending machines make the leap to Japan

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HKTDC’s support and global network help Wada FoodTech successfully expand its hot-chain food service and logistics tech to Tokyo and Osaka.

As the dust settles from Trump’s ‘Liberation Day’, what’s China’s effective tariff rate?

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With US ‘reciprocal tariffs’, taxes on Chinese goods have climbed even further – with some analysts predicting an effective rate of ‘almost 70 per cent’.

Colombia seizes nearly 49 tonnes of China-bound smartphone mineral

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The haul, linked to ex-Farc rebels, was said to be worth US$1.2 million.

Shock over teen surrogate, China’s ‘century baby’ dies, placenta theft: 5 trending stories

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From a teenage surrogate mother to a RedNote rendezvous in Shanghai, here are five stories from SCMP’s recent reporting.

Nintendo’s Switch 2 priced at US$450 for June 5 launch

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The company’s first entirely new platform in eight years, the Switch 2 has the potential to lift sales for game makers and retailers.

Hong Kong stocks slide to 6-week low on Trump tariffs as exporters tumble

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Companies with the biggest overseas sales lead decliners among Hong Kong stocks.