Mooncakes, a sweet staple for China’s annual Mid-Autumn Festival, are not just for people any more. Humans are pulling back, but dogs are digging in. So are cats. Pet mooncakes are popping up across China, from major retailers such as Sam’s Club to online stores and small bakeries. And many are quickly selling out. In the southwestern metropolis of Chengdu, a pack of pet mooncakes selling online for about 50 yuan (US$8) has racked up thousands of sales, news outlet thecover.cn reported. In the...
Read full articleUS premium coffee brand Blue Bottle Coffee will open its first Beijing store in the capital’s central business district, as it seeks to tap into China’s still growing market for the drink. The California-based brand is taking a spacious unit at China World Mall. The location, currently enclosed by construction hoarding, was previously occupied by Japanese jeweller Tasaki. The brand has yet to reveal an official opening date, though industry sources said the shop was expected to open by the end...
Hong Kong’s ambitions as a leading Asian hub for family wealth, succession planning and cross-border capital allocation took centre stage at SCMP’s “Redefining Hong Kong: Next Generation Wealth 2026” conference held on September 21 at the JW Marriott Hotel Hong Kong. Regulators, family principals, advisers and next-generation leaders gathered to examine how inherited capital can be transformed into enduring enterprise. Held at a time when Asia is preparing for one of the largest...
Senator Francis "Kiko" Pangilinan challenged the DOJ and the NBI to detain those whom he called "untouchable smugglers" disrupting the country's food security.
Malaysia's Borneo New Energy Company is eyeing coconut shells from Davao as an alternative energy resource, the Department of Agriculture (DA) Region 11 said.
Efforts to detect multiple cancers through a single blood draw are gathering momentum after US regulators endorsed the technology for the first time, although experts say wider adoption in Hong Kong still faces challenges as doctors remain cautious about its clinical value. In a landmark decision for the emerging field of multi-cancer early detection (MCED) blood tests, a US Food and Drug Administration (FDA) panel on Thursday voted in favour of US company Grail’s “Galleri test”, recommending it...
The Department of Agriculture (DA) on Thursday said it will adopt a “scientific” strategy to mitigate the impact of a potentially record-breaking El Niño expected in the coming months.
The Philippine peso cut short its winning streak against the US dollar on Thursday as slower economic growth projections put pressure on the local unit.
Philippine businesses seeking growth opportunities across Southeast Asia gained new momentum as telecommunications firm Globe Telecom expands its digital and artificial intelligence (AI) capabilities amid the country"s push for deeper digital integration.
Beijing’s recent tightening of approvals for humanoid robot makers seeking initial public offerings (IPOs) poses no threat to companies with clear commercialisation strategies, as funding channels remain wide open for qualified players, according to Deloitte China. “Market funds are shifting from the ‘blind rush’ of the past to ‘fine screening’,” said Dick Kay, Deloitte China’s capital market services group national leader, at a press conference on Thursday. Investors and regulators now placed...
SoftBank Group has raised $11.1 billion in dollar- and euro-denominated bonds in the largest high-yield corporate bond sale globally on record as it seeks to fund its mammoth bet on OpenAI.
The Philippine information technology and business process management (IT-BPM) industry expects revenues to grow faster than its workforce as companies increasingly turn to artificial intelligence (AI) to augment human workers, industry officials said Thursday.
As Chinese President Xi Jinping arrives in Washington for his much-anticipated summit with US President Donald Trump, it is clear which country emerged stronger from the tariff shock. Last month, China’s exports rose 25 per cent in annualised terms, causing the country’s trade surplus to swell to US$119 billion and putting it on track to exceed last year’s record of US$1.2 trillion. Moreover, China’s surplus with the US rose 44 per cent to US$29 billion, the widest gap since Trump returned to...