Xiaomi’s USD10b IPO risks a cash crunch in Hong Kong

Hosting what’s shaping up to be the world’s biggest initial public offering of 2018 may be a double-edged sword for Hong Kong. Chinese smartphone maker Xiaomi

Trade War | Trump’s dispute with China unsettle farming in US, ranching backers

Montana rancher Fred Wacker had thousands of head of cattle fattening up along the Yellowstone River for export to China when President Donald Trump picked a trade

Factory activity eases, service sector gains in April

Chinese factory growth has slowed slightly, according to a monthly survey released yesterday that showed activity in the world’s No. 2 economy holding up despite

Chinese foreign minister to visit North Korea this week

The foreign minister of North Korea’s chief ally China will visit Pyongyang this week following the historic summit between the leaders of the two Koreas. The

Q&A | Hui Cheng: JD.’s Silicon Valley Research Center – JD.com looks to Silicon Valley center for innovation

Self-driving delivery vehicles that are polite to pedestrians? Faster and more precise robotic arms? JD.com, the largest challenger to Alibaba’s e-commerce empire in China, is

Australia | Court set to rule on whether cardinal stands trial

The most senior Vatican official to be charged in the Catholic Church sex abuse crisis will return to an Australian court today to learn whether he must

Japan | Inmate recaptured three weeks after escape, island manhunt

A convicted thief was recaptured yesterday three weeks after a rare escape from a Japanese prison and an island manhunt he may have eluded by swimming. Tatsuma

Afghanistan Terror | Double Kabul suicide bombing kills 25, including 9 reporters

A coordinated double suicide bombing by the Islamic State group hit central Kabul yesterday, killing at least 25 people, including nine Afghan journalists, officials said. An AFP

USA | Convicting America’s Dad: Inside the Bill Cosby prosecution

In the tense moments before a jury convicted Bill Cosby of sexual assault, the prosecutor who had branded him a “con man” and called him out for

Syria | Missile attack kills 26, mostly Iranians

Iranian media gave conflicting reports about the overnight incident amid speculation that it was carried out by neighboring Israel. The attack came hours after Israeli

Offbeat | ‘Infinity War’ opens with record USD250M, passing ‘Star Wars’

A whole lot of superheroes added up to a whole lot of ticket sales. The superhero smorgasbord “Avengers: Infinity Wars” opened with predictable shock-and-awe, earning USD250 million

This Day in History | 1973 – Thousands strike over pay and prices

About 1.6 million workers joined the Trades Union Congress’ call for a one-day strike today in protest at the government’s pay restraint policy and price rises.

Baseball | Gonzalez leads Mets’ hit parade in 14-2 drubbing of Padres

Adrian Gonzalez had a spectacular homecoming at Petco Park. Facing the hometown team he once played for, Gonzalez homered, doubled and drove in five runs yesterday

Cycling | Former ski jumper Roglic wins Tour of Romandie

Primoz Roglic won the Tour of Romandie title yesterday , giving the Slovenian former ski jumper his second stage-race victory in April. Roglic protected his lead

Football – Champions League | Madrid hopes to avoid semis setback at home

Wednesday, 2:45am Real Madrid v Bayern Munich H 2.17, D 4.15, A 3.3 Despite a 2-1 victory at Bayern Munich in the first leg of

World briefs

KOREA South Korean President Moon Jae-in has shaken off a suggestion that he receive the Nobel Peace Prize, saying that U.S. President Donald Trump “can take the

The Buzz | Cosby juror: Comedian’s own words led to his conviction

A juror on the Bill Cosby sexual assault retrial case says the comedian’s own words sealed his fate. Harrison Snyder, in an interview aired yesterday on ABC’s “Good Morning

UK | May replaces minister as immigration scandal widens

British Prime Minister Theresa May yesterday appointed the first ethnic-minority politician to the key post of home secretary, as the government struggled to contain a scandal

World Views | Baby boomers’ long reign isn’t ending just yet

Generations are an overused framework for understanding why people think and act the way they do, as psychology professors David P. Costanza of George Washington University and Lisa M. Finkelstein of

Tuesday, May 1, 2018 – edition no. 3038

* Forecast | Gaming revenue to top 20pct growth in April * Typhoon drill useless exercise * Crime: the missing Bugatti * Trump’s trade war with China unsettle ranching backers   DOWNLOAD

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