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It’s the strangest job market the U.S. has ever seen. The low-hire, low-fire economy turns 3 years old. — MarketWatch
Business•3h
•1 min read

It’s the strangest job market the U.S. has ever seen. The low-hire, low-fire economy turns 3 years old.

America has always been a job-creating machine. It has broken down for three straight years, and the implications could be with us for a long time.

Marcus ChenMarcus Chen
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Hong Kong ministers defend decision not to resign over deadly Tai Po fire — South China Morning Post
Business•3h

Hong Kong ministers defend decision not to resign over deadly Tai Po fire

Ministers have defended their decision not to step down over the deadly Tai Po fire, insisting they are putting Hong Kong’s well-being ahead of personal considerations. A senior official also hinted that a successor might not be named to replace Winnie Ho Wing-yin, who resigned as housing minister...

Hong Kong artist dismayed as works stolen hours before exhibition due to open — South China Morning Post
Arts•4h

Hong Kong artist dismayed as works stolen hours before exhibition due to open

Hong Kong police are investigating the suspected theft of five styrofoam sculptures created by local artist Keith Lam Yan-kit. The sculptures were discovered missing from Hong Kong City Hall in Central hours before the opening of a major new exhibition. At just after 2.30pm on Friday afternoon,...

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Security chief vows his task force will root out bid-rigging in Hong Kong — South China Morning Post
Business•6h

Security chief vows his task force will root out bid-rigging in Hong Kong

Hong Kong’s security chief has expressed confidence that a new joint task force led by him will eradicate the decades-long problem of bid-rigging, while denying that the reforms came too late after the deadly Tai Po fire. Secretary for Security Chris Tang Ping-keung also said on Friday that law...

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Tai Po fire report — South China Morning Post
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The big winners of the tech wreck are biopharma stocks — MarketWatch
NewTechnology•46m

The big winners of the tech wreck are biopharma stocks

Anthropic may not secure investment-grade rating after IPO, Blackstone says — Financial Times
NewTechnology•1h

Anthropic may not secure investment-grade rating after IPO, Blackstone says

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CD&R pursues buyout of $40bn card processor Global Payments People Are Creating ‘Survival Guides’ to Cope With the ‘AO3 Apocalypse’Private equity in your 401(k)? Heed Warren Buffett’s warning.Hong Kong primary pupils to study AI under new technology subjectIn a wild October for markets, these stocks were the biggest winners and losers

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Toxic online subcultures fuelling Asia’s school attacks — South China Morning Post
Schools•7h

Toxic online subcultures fuelling Asia’s school attacks

Recent school attacks across Malaysia have shone a light on a troubling trend of teenagers joining an online subculture that glamorises real-life killers, according to a prominent security analyst. Three violent incidents in Malaysian schools – in Kuching on October 21, Banting in July and Bandar...

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Abby Choi’s ex-father-in-law pleads guilty to illegal disposal of her body in stark U-turn — South China Morning Post
Business•12h

Abby Choi’s ex-father-in-law pleads guilty to illegal disposal of her body in stark U-turn

The former father-in-law of slain Hong Kong socialite Abby Choi Tin-fung has made a U-turn midway through her murder trial and pleaded guilty to the illegal disposal of her body. As the High Court trial entered its fifth week before a nine-member jury, Kwong Kau made a stunning reversal on Friday...

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France on alert as 70,000 police mobilised for Halloween protests — South China Morning Post
Schools•12h

France on alert as 70,000 police mobilised for Halloween protests

France’s interior minister has warned of a “very high risk of public disorder” and announced the deployment of around 70,000 police officers for a new wave of protests this weekend. France has been rocked by widespread anger over the rising cost of living and inequality, with nationwide...

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‘Why did it take 11 months?’: apology too late for some Tai Po fire survivors — South China Morning Post
Business•13h

‘Why did it take 11 months?’: apology too late for some Tai Po fire survivors

Hong Kong officials’ apology over the deadly Tai Po blaze nearly a year ago came too late, residents of the fire-ravaged estate have said, as they urged authorities to learn from the disaster and pursue long-term reforms. Several Wang Fuk Court residents also said on Thursday the resignation of...

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Lula’s win aids China ties; Hong Kong official quits over Tai Po fire: SCMP’s 7 highlights — South China Morning Post
Business•13h

Lula’s win aids China ties; Hong Kong official quits over Tai Po fire: SCMP’s 7 highlights

We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Win for Lula boosts China’s...

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AI system to screen contractors by mid-2027 as part of sweeping Tai Po fire reforms — South China Morning Post
Technology•15h

AI system to screen contractors by mid-2027 as part of sweeping Tai Po fire reforms

This live article is freely available to our registered users. Please log in or create an account. Hong Kong authorities will provide more details about reforms to tackle bid-rigging and enhance oversight of building maintenance projects, in response to the city’s deadliest fire in decades. The...

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Business•17h

Will Tai Po fire reforms wipe out collusion in Hong Kong’s building maintenance industry?

Will Tai Po fire reforms wipe out collusion in Hong Kong’s building maintenance industry? — South China Morning Post

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Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restart — CoinDesk
NewTechnology•1h

Binance uncovers wider breach in $6.3 billion exploit, targets Sunday withdrawal restart

People Are Creating ‘Survival Guides’ to Cope With the ‘AO3 Apocalypse’ — Wired
Technology•2h

People Are Creating ‘Survival Guides’ to Cope With the ‘AO3 Apocalypse’