Hong Kong touts distinct features to set it apart from London in global gold hub push

South China Morning Post - Oct 17, 2026

Distinctive features will set Hong Kong apart from London, a major bullion hub, as the city accelerates efforts to develop an international gold and precious metals trading ecosystem covering the entire value chain, a minister has told the South China Morning Post. In an exclusive interview on Thursday, Secretary for Financial Services and the Treasury Christopher Hui Ching-yu said the city would officially launch a central gold clearing platform in the first quarter of next year. It would...

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Incheon stabbing raises questions over effectiveness of electronic ankle monitors

The recent stabbing rampage in Incheon by a repeat violent offender wearing an electronic ankle monitor has raised doubts about the system's ability to prevent violent crime. The case has sparked calls for tighter supervision of high-risk offenders, beyond simply tracking their movements. On Tuesday, a man in his 50s previously convicted of attempted murder went on a stabbing attack at a shopping complex in Incheon, injuring nine people. The suspect was wearing an electronic ankle monitor despite having repeatedly violated his supervision conditions and recently been booked by police for possessing a weapon. The suspect was sentenced to four years in prison in 2015 for attempting to murder his ex-wife by stabbing her. After his release in 2019, he was required to wear an electronic ankle monitor until 2029. Despite the monitoring, he was fined in 2021 for violating his curfew four times and was booked by police last month for possessing a weapon. He also reportedly met with his probation officer on the day of the attack. The case has sparked public criticism over whether electronic ankle

Incheon stabbing raises questions over effectiveness of electronic ankle monitors

Korean 'haenyeo' diver honored by UN for work in food systems, rural life

When Sung Jung-hee slips into the cold waters off Korea’s eastern coast, she wears no oxygen tank — just a mask, a weight belt and four decades of practical instincts from making her living harvesting the ocean floor by hand. That lifetime of hard labor and leadership earned international recognition earlier this week when the Food and Agriculture Organization of the United Nations named Sung one of 100 women honored globally for their contributions to food systems and rural life. Timed to mark the International Year of the Woman Farmer, the distinction recognizes 100 visionary leaders, scientists and community advocates driving sustainable change across global food and maritime networks. Selected from nearly 600 nominees submitted by member nations, Sung is the only honoree from Korea. Sung also serves as head of the Guryongpo fishing community and president of the Gyeongbuk Haenyeo Association. Beyond her daily dives, she has spent years improving working conditions, expanding welfare support for fellow divers and elevating the public profile of women in coastal industries. Her sel

Korean 'haenyeo' diver honored by UN for work in food systems, rural life

Securing equipment emerges as new variable for Korea's chip expansion plans

Securing equipment for manufacturing advanced memory chips is emerging as a new variable in Korea's plans to expand semiconductor production capacity through large-scale industrial clusters, after ASML, the dominant supplier of advanced chipmaking equipment, warned that its current production plans may not be sufficient to meet demand in 2027 and 2028. During its earnings call Wednesday, ASML CEO Christophe Fouquet said the company's plans to increase its production capacity for advanced chipmaking equipment by 30 percent in 2027 and another 30 percent in 2028 would likely not be enough to meet customer demand. “Last quarter, we talked about 30 percent more capacity next year, and also the aspiration to have another 30 percent increase in 2028,” Fouquet said. “But to be honest, it's becoming very clear that 30 percent in 2027, 30 percent in 2028 will not allow us to meet our customer demand.” According to the company, the planned capacity increases cover both low-numerical-aperture extreme ultraviolet (low-NA EUV) lithography equipment and deep ultraviolet (DUV) immersion system

Securing equipment emerges as new variable for Korea's chip expansion plans

Sejong relocation set to worsen KTX seat shortage

Civil servants commuting from Seoul to Sejong face growing concerns over an already severe shortage of high-speed rail tickets, as the government prepares to relocate thousands of officials to the administrative city. Kim, a 52-year-old civil servant who commutes from his home in Seoul to Government Complex Sejong, said he was worried after the government recently announced its second-phase relocation plan for central government agencies. Even now, securing a high-speed train ticket departing from Seoul is difficult. The large-scale transfer of government personnel could make finding a seat even harder. “If you let your guard down and miss the ticket reservations, which open a month in advance, you could end up arriving late to work or having to take a half-day off,” Kim said. “If nearly 3,000 civil servants move to Sejong next year alone, the morning commute will be nothing short of a battle.” The government's second-phase relocation plan has stirred concern among officials in Sejong. Many are expected to continue commuting from Seoul and other existing places of residence, at l

Sejong relocation set to worsen KTX seat shortage

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Dispute intensifies over street food stalls near Seoul elementary school

Musinsa teams up with Japan's ZOZOTOWN for 1st Korean pop-up

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Musinsa teams up with Japan's ZOZOTOWN for 1st Korean pop-up

Hong Kong’s new Huanggang Port seemingly quiet ahead of expected holiday rush

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Hong Kong’s new Huanggang Port seemingly quiet ahead of expected holiday rush

The butterfly effect: one man’s mission to help nature and communities coexist

Hong Kong’s next phase of development should make room for both butterflies and buildings, conservationist Dr Yau Wing-kwong has said, arguing that biodiversity can be incorporated into parks, schools and neighbourhoods without holding back the city’s growth. Yau, founder of Environmental Association Limited, has spent nearly three decades promoting community-based conservation. He is a finalist for the Spirit of Community Award in this year’s Spirit of Hong Kong Awards, co-organised by Sino...

The butterfly effect: one man’s mission to help nature and communities coexist

Chinese kindergarten owner given life sentence over lead paint poisoning scandal

The owner of a Chinese kindergarten has been jailed for life after more than 200 children were poisoned by lead in the country’s worst food safety scandal for almost two decades. A total of six people were jailed on Friday for making or selling harmful foodstuffs by Lanzhou Intermediate People’s Court in Gansu province. Li Huifang, owner of the Peixin Kindergarten in Tianshui, was handed a life sentence and fined 500,000 yuan (US$75,000), while Zhu Jinglin, the principal, was jailed for 15 years...

Chinese kindergarten owner given life sentence over lead paint poisoning scandal

Chinese FM meets Israeli president

Chinese Foreign Minister Wang Yi met with Israeli President Isaac Herzog at the latter's request on the sidelines of the Seventh Summit of the Conference on Interaction and Confidence Building Measures in Asia on Thursday.

Chinese FM meets Israeli president

Croatian president meets Chinese FM, pledges to strengthen cooperation

Croatian President Zoran Milanovic met with visiting Chinese Foreign Minister Wang Yi in Zagreb on Friday, expressing Croatia's willingness to strengthen exchanges at all levels and advance mutually beneficial cooperation with China.

Croatian president meets Chinese FM, pledges to strengthen cooperation

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