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With the power to change the world, here’s why the US and China are fighting over our 5G future

This is the first part in a series by the SCMP analysing the likely impact of 5G wireless technology on the way we live and work. You know it must be nothing short of transformational when Washington goes on the offensive over Beijing getting ahead in a telecommunications standard.But what is this new 5G technology and why has it got the world’s two biggest economies at each other’s throats?Let’s just say it’s a lot more important than allowing you to download the latest high-definition episode… Source link

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Along with climate change come mosquito-borne diseases. Is Hong Kong ready for a public health emergency?

Months after Hong Kong was ranked by Bloomberg as the economy with the world’s most efficient health care, its public health system is caught in a crisis. More than 100 medical staff protested about the manpower crunch and ward overcrowding amid a winter flu surge in January, with many holding placards that sent the desperate message: “Breaking point”. This has been followed by a spike in measles infections since mid-March, and a shortage of vaccines. More alarmingly, the next public health… Source link

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What will we say to our grandchildren, as we dither over the solution to arrest climate change that lays before our eyes?

If temperatures are allowed to rise past 1.5ºC, island countries like ours will be in grave danger, with some facing the grim prospect of being wiped off the map by rising seas. The climate impacts will affect millions of people around the world, in both developed and developing nations.We also now know that it is already too late to keep warming to 1.5ºC by reducing global emissions alone. If we hope to meet the 1.5-degree target and save our countries from devastating impacts, we must find… Source link

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War on climate change is doomed if China turns back towards the coalface

It seems the battle to curb carbon dioxide emissions and keep global temperatures from spinning out of control is being lost before it has even gained traction. The battle is being fought and lost over coal – in China.  The challenge is less the climate deniers around US President Donald Trump, than the need to protect 4 million Chinese mining jobs and meet surging electricity needs across China and other parts of the world that are short of power. It seems whatever reductions in carbon… Source link

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Vietnam 

VN stocks change little on lack of purchasing power – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Vietnamese stocks ended Thursday morning almost flat with low trading liquidity as investors were hesitant to purchase assets due to a lack of supportive information. — Photo tinnhanhchungkhoan.vn Vietnamese shares were almost unchanged on Thursday morning with low liquidity as investors were unwilling to buy stocks amid a lack of supportive news. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HOSE) closed the early session at 984.69 points, 0.02 per cent higher than Wednesday’s close of 984.46 points. The southern market index fell a total of 0.42 per cent in the previous…

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The US dollar will continue its triumphant run – unless central banks and the American economy change course

There have been quite a few surprises in financial markets this year. The US Federal Reserve, which turned increasingly hawkish last year, stunned investors in late January when it performed a dramatic U-turn in monetary policy by opening up the possibility of a cut in interest rates.Just as surprisingly, sentiment towards emerging markets has recovered to such an extent that developing economies are now the most popular region among equity investors despite the slowdown in China, according to… Source link

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Vietnam 

Vietnam stocks change little as caution high – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI Vietnamese shares changed little on Tuesday as investors remained cautious amid uncertainty about the market’s short-term prospects. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange ended at 969.79 points, almost level to its Monday close of 970.07 points. The southern market index has declined by total 1.92 per cent in the last two trading days. More than 175.4 million shares were traded on the southern bourse, worth VNĐ3.73 trillion (US$160.4 million). The VN-Index opened Tuesday on a positive…

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China’s property developers change tact as single women emerge as new buyers

In a departure from tradition, more Chinese women are opting to purchase homes while they are single, undertaking the biggest purchase of their lives without the financial support that comes with marriage.The country’s largest property listing website Ke.com analysed 67,724 transactions on its platform in 2018 and found 47.9 per cent of the buyers were female. In 2014, women accounted for about 30 per cent of transactions on the platform, the company said.Liu Ce head of research at Kaisa Group… Source link

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Hong Kong’s property developers should have the sense to go green and protect assets from climate change

The Business Environment Council’s Low Carbon Charter, announced on March 19, breathes new life into the moribund dialogue about improving energy efficiency in Hong Kong’s buildings. The council, which promotes environmental solutions, has long urged companies in the property sector to set targets and timelines for reducing greenhouse gas emission as part of a robust long-term business strategy. The charter is also a timely addition to a public engagement exercise on Hong Kong’s long-term… Source link

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Yangon’s equities exchange has only five trading stocks and very few investors, but that’s about to change

In a colonial building in Myanmar’s largest city, a large screen showed stock prices for a handful of companies. Four people, perhaps tourists, perhaps investors, shuffled around the floor. The clock struck 11. Suddenly the prices changed. Then, in an instant, all the people were gone.That was just another day at Asia’s tiniest bourse, the Yangon Stock Exchange. Home to only five companies, it updates prices just four times a day. And those are the high points. The rest of the time, little… Source link

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