For a Chinese enterprise venturing overseas, the first decision is often not which market to enter, but which city to launch from. And that choice increasingly narrows to Hong Kong or Singapore. Both offer deep capital markets, common law systems and Chinese-speaking talent. Both want to be the trusted first stop. But a gap has emerged – not in what the two cities offer on paper, but in how they treat the enterprises they both want. What does a “launch pad” deliver? It is where a Chinese...

Venezuela’s opposition leader Maria Corina Machado said on Saturday she had “no regrets” about symbolically handing over her Nobel Peace Prize to US President Donald Trump in January. “There is a leader in the world, a head of state in the world who risked the lives of his country’s citizens for Venezuela’s freedom,” she told a news conference in Madrid. Machado presented her Nobel Prize to Trump when she met him in the White House just two weeks after he ordered US forces to attack Caracas and...

A Canadian man accused of helping 14 ⁠people in the province ⁠of Ontario kill themselves by selling a ⁠legal but deadly substance online will avoid a murder trial by pleading guilty to lesser charges, his lawyer said on Saturday. Kenneth Law, 60, will plead guilty to counselling or aiding suicide under a deal with Crown prosecutors that will see more serious ‌first-degree murder charges withdrawn, Matthew Gourlay of Henein Hutchison Robitaille said in an email. Law’s case is scheduled to return...

A gunman who killed at least six people in the streets of Kyiv on Saturday before taking hostages and barricading himself in a nearby supermarket has been shot dead by police, Ukrainian officials said. The head of Ukraine’s Interior Ministry, Ihor Klymenko, said in a statement on social media that special tactical police units stormed the store after attempts to contact the gunman with a negotiator failed. The attacker was killed while resisting arrest, he said. Speaking to reporters at the...

Mexican ⁠President Claudia Sheinbaum and Spain’s Pedro Sanchez ⁠met in Barcelona on Saturday after a summit of progressive leaders, signalling a rapprochement during the first presidential visit to the Mediterranean country in eight years. The meeting took place during Sheinbaum’s visit to Barcelona to attend the fourth “In defence of democracy” summit, a gathering ‌of global leftist leaders to mobilise advocates of these movements against the far-right. Sheinbaum’s trip marks a softening of...

Fourteen people were injured after a minibus crashed into a heavy goods vehicle, Hong Kong police said on Saturday. The driver reported to police at about 9.30pm that the minibus had hit a heavy goods vehicle in Tsing Yi and that some passengers had been injured. The crash happened near Ching Chung House at Cheung Ching Estate. Emergency services found 14 people injured on the minibus. Two of them, who sustained minor injuries, subsequently left the scene. The remaining four men and eight women...

In June 2021, from a podium in the Cornish countryside, former US president Joe Biden told a relieved Europe that “America is back at the table”. The comment – made after a summit of the Group of Seven rich nations – became a galvanising force for reinvigorated transatlanticism after the first term of Donald Trump had left it in tatters. When Russia invaded Ukraine eight months later, the G7 became the forum of choice for cooking up punitive sanctions against Russia. It was also the venue for...