Hong Kong authorities should shoulder a larger share of the cost of facilities jointly used by institutions at the Northern Metropolis university towns, a varsity president has said, while calling for dedicated research funding to encourage collaboration among campuses. Professor Stephen Cheung Yan-leung, president of the private Saint Francis University, said that while individual institutions could finance the construction of their own campuses, the government should contribute more towards...

Hong Kong’s first post-colonial leader, Tung Chee-hwa, has been lauded as a pioneer of “one country, two systems”, a staunch patriot and a close friend of the Chinese Communist Party who also contributed to US-China relations, according to a eulogy delivered by a senior Beijing official. In his remarks at Tung’s state funeral on Sunday, seen by the South China Morning Post, Shi Taifeng – a Politburo member and first vice-chairman of the Chinese People’s Political Consultative Conference (CPPCC),...

Ukraine launched ⁠what Moscow’s mayor called the biggest ever drone attack on the Russian capital on Sunday, in what he said was an unsuccessful attempt to disrupt the final day of a parliamentary election that President Vladimir Putin has cast as a test of support for Russia’s war in Ukraine. Two people were killed in the surrounding Moscow region and the capital’s oil refinery, which has been hit before, was struck, local authorities said. Witnesses heard blasts in Moscow and saw plumes of...

The United States Congress has reportedly launched a probe after a shipment of sensitive F-35 fighter jet parts was said to have been unexpectedly diverted to Hong Kong and went missing, with the city’s authorities declining to comment on the case. A spokesman for the Hong Kong government said over the weekend that it would not comment on individual cases, a day after US media outlet Politico published the report. Citing three anonymous sources, Politico said the F-35 parts were shipped from...

Hong Kong’s first five-year plan will give businesses greater certainty to make long-term investment decisions amid a volatile external environment, the city’s finance chief has said. Financial Secretary Paul Chan Mo-po said the plan’s targets and timelines would allow companies to see the city’s direction over the next five years and better align their plans with the government’s. “The significance of planning lies not only in the document itself, but also in looking at today from the...

Chinese firms have shown “very strong interest” in investing in Oman – across the Strait of Hormuz from Iran – as they aim to tap the lucrative Middle East market while minimising risks, an Omani official said. Banks, asset managers and law firms from China were getting in touch every day to ask about setting up in the International Financial Centre Oman, a free-standing legal zone in the country, the centre’s associate director for business development, Al Hussain al-Qalhati, said. The...

Former Malaysian prime minister Najib Razak said on Sunday that he would remain in Kajang Prison as he and his legal team study the conditions attached to his “conditional pardon”, including the payment of a 50 million ringgit (US$12.3 million) fine before he can be transferred to house arrest. In a statement issued on his behalf by Messrs Shafee & Co, Najib said his transfer to house arrest depended on the conditions of the pardon being fulfilled. “Until the fine is paid to the court, our...