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A US prosecutor’s newly revealed diaries from World War II have laid bare the gruelling effort to document Japanese wartime atrocities in China and the unlikely bond forged between him and the people he helped. The diaries belonged to David Nelson Sutton, an American assistant prosecutor at the Tokyo Trial, or the International Military Tribunal for the Far East – a landmark international judicial effort. The tribunal drew upon a vast “evidence wall” comprising nearly 50,000 pages of trial...

South China Morning Post

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Hong Kong taps banks, lawyers and crypto firms to help rewrite rules for tokenised bonds

Hong Kong’s de facto central bank has formed a group of industry experts to help remove legal and regulatory hurdles to tokenized bonds, as authorities seek to move beyond pilot projects and encourage wider adoption from private issuers. The Hong Kong Monetary Authority (HKMA) said on Friday it had established a Tokenised Bond Expert Group comprising 21 institutions spanning banks, law firms, market infrastructure providers and digital asset companies to support the development of the city’s...

South China Morning Post

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긍정적

China’s investment-driven role in global growth is underestimated, study says

China’s contribution to global growth is underestimated while the yuan is positioned to emerge as a fundamentally strong global currency, according to a new study from a prominent Beijing-based think tank. Researchers from the China Finance 40 Forum (CF40) – comprising senior regulators and financial experts – said the country’s investment scale could be as much as 3.4 times that of the United States when measured by the volume of physical investment. The analysis, published in a note on Sunday,...

South China Morning Post

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정치

Quad foreign ministers fight for relevance in New Delhi as leaders’ summit remains elusive

The foreign ministers of the Quadrilateral Security Dialogue, or Quad, nations gathered in New Delhi on Tuesday in a coordinated display of unity aimed at reaffirming the bloc’s relevance amid recent shifts in geopolitical dynamics. The Quad, comprising the United States, Japan, Australia and India, aims to promote a “free and open” Indo-Pacific and balance China’s expanding influence in the strategically vital region. With US President Donald Trump fresh from talks with Chinese President Xi...

South China Morning Post

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IT/기술

DeepSeek V4 Pro tops global bang-for-buck ranking after 75% price cut

Chinese artificial intelligence start-up DeepSeek’s latest flagship model has been ranked as one of the world’s best on an intelligence-per-dollar basis, far exceeding those from US heavyweights OpenAI and Anthropic in cost-efficiency after a 75 per cent promotional price cut was made permanent. The Hangzhou-based start-up announced the permanent price cut for its V4 Pro model on Saturday, a month after it released the long-awaited V4 generation, which comprises the flagship V4 Pro model and its...

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