Korean defence giant hit by China sanctions offers anti-ship missile to Manila

South Korean defence giant Hanwha’s proposal to sell its anti-ship missile to the Philippines around the same time Beijing imposed sanctions on its shipbuilding sector represents Seoul leaning towards defence industry cooperation with Washington and its allies, analysts said. Advertisement According to the Paris-based Naval News website, representatives from Hanwha said the company was willing to sell its forthcoming CTM-ASBM to the Philippines to meet “growing demand from customers seeking anti-ship capability”. “In response to growing demand from customers seeking anti-ship capability, we are currently developing the CTM anti-ship ballistic…

Pressure on Downing Street to release evidence in collapsed China spy case

Downing Street is under pressure to publish its evidence in the collapsed China spy case after the Crown Prosecution Service denied having blocked its release. Keir Starmer is likely to come under scrutiny at prime minister’s questions on Wednesday after the CPS said it was up to the government to release the evidence. The government has faced mounting pressure over its handling of the collapsed trial of Christopher Cash, a former parliamentary researcher, and Christopher Berry, a teacher. Both men, who deny wrongdoing, had been accused of passing secrets to…

China gears up to build giant South China Sea lab in hunt for ghost particles

Chinese researchers have tested a submersible vehicle designed to help them build one of the world’s largest neutrino observatories in the South China Sea – a facility that will study the ghostly subatomic particles that stream through the cosmos with barely a trace. Advertisement The Subsea Precision Instrument Deployer with Elastic Releasing (Spider) uncoiled a 700 metre (2,300ft) string of 20 sensor balls at a depth of about 1,700 metres (5,580ft), according to the team from Shanghai Jiao Tong University’s Tsung-Dao Lee Institute. Each ball in the sea trial was…

Exiled Hong Kong dissidents say UK plan to restart extraditions puts them in danger

Exiled Hong Kong dissidents say they fear UK government plans to restart some extraditions with the city could put them in greater danger, saying Hong Kong authorities will use any pretext to pursue them. An amendment to UK extradition laws was passed on Tuesday. It came more than five years after the UK and several other countries suspended extradition treaties with Hong Kong in response to the government crackdown on the pro-democracy movement, and its imposition of a Beijing-designed national security law. The UK Home Office says the suspension of…

Chinese premier stresses resilience in symposium with business leaders

Premier Li Qiang called on China’s companies to be resilient and reiterated a pledge to achieve the country’s annual economic goals at a symposium with business leaders, academics and other experts on Tuesday. Advertisement “To accurately understand the current economic situation, one must take a broader perspective … [it is necessary to] further strengthen confidence, face problems squarely and stay firmly committed to doing our work well,” Li was quoted as saying by state news agency Xinhua. The meeting, held as trade uncertainties linger between Beijing and Washington, came less…

Gaming ninjas are strategic, silent — and everywhere

The girl’s idyllic childhood in the Japanese countryside was cut short by a horrific act of violence. A group of masked men rode in, setting fire to her home and murdering her family. They left the girl for dead. She survived the attack but was now an orphan. Her hopes of a quiet life had been replaced by a single, burning desire: to exact revenge on the men who took away everything she knew and loved. This dramatic scene is the introduction to Ghost of Yōtei, PlayStation’s new blockbuster open-world…

Chinese fast-fashion retailer takes on Zara and H&M in London and New York

Stay informed with free updates Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox. Chinese fast-fashion retailer Urban Revivo has stepped up ambitious plans to challenge the likes of Zara and H&M by expanding in London in a revived push into international markets. The retailer is part of a wave of Chinese companies — from Labubu-maker Pop Mart to EV giant BYD — pushing to “chuhai” or “go overseas” as China’s hyper-competitive markets mature and its economic growth slows. “Our strategy is…