Special Administrative Region of China on the southern coast
Investors have pushed new biotech winners — from Novo Nordisk’s semaglutide pill to startups tackling baldness and targeted autoimmune drugs — while market enthusiasm has cooled for some forecasts. Novo Nordisk has released a daily weight‑loss pill used by over 1.5 million people; hair‑loss startups have sent small caps soaring; India’s low‑cost GLP‑1 generics have underperformed expectations.
The dress once worn by Princess Diana at the Serpentine fundraising dinner is expected to fetch up to $220,000 at Sotheby’s, London. The gown, by Christina Stambolian, has toured globally ahead of the December sale, with part of the proceeds supporting NHS Lothian Charity.
Chinese leader Xi Jinping has arrived in Washington for a state visit and a summit with U.S. President Donald Trump to discuss extending a trade truce, AI safety and the fate of Americans detained in China. Preparatory talks have produced limited deliverables; officials are expecting targeted, incremental agreements rather than a broad breakthrough.
China is accelerating its AI ambitions as Huawei and Alibaba unveil faster chips and new models ahead of Xi Jinping’s Washington visit. The moves illustrate Beijing’s push for self-reliance amid U.S. export restrictions, while analysts warn U.S. leaders to consider the competitive risk.
The incident has prompted a Pentagon investigation into how cockpit canopy and weapons-bay door parts from an Australian F-35 ended up in Hong Kong. Australia says it is assisting in the inquiry; there is no public evidence of deliberate Chinese diversion, and officials stress the parts are not considered highly sensitive.
US ambassador to China David Perdue has said President Donald Trump asked Xi Jinping whether China would like to buy US weapons. The State Department has reiterated that US law prohibits arms sales to China and there is no plan to sell. The comments come as Washington has paused a roughly $14bn arms package to Taiwan.
A shipment of unserviceable F-35 components, including a radar‑coated cockpit canopy and a weapons‑bay door, has been unexpectedly rerouted from Australia to Hong Kong and remains unreturned. The Pentagon, Lockheed Martin and Australian authorities have opened investigations and are working to retrieve the parts as Congress presses for answers.
The F-35 Joint Program Office has confirmed a shipment issue with unserviceable components. A cockpit canopy and a weapons-bay door have ended up in Hong Kong during transport from Australia to the United States. Officials are retrieving the components and reviewing safeguards as legislators scrutinize the incident.
Ohashi has secured multiple golds at the Asian Games, including a world-record 200m breaststroke and a series of freestyle titles, highlighting Japan and China’s ongoing supremacy in swimming as Tokyo hosts a broader sports programme.
Australia defeats South Africa in a dramatic Perth Test, extending Les Kiss’s unbeaten run. The Wallabies build a high‑scoring lead before a late, multi‑yellow-card fightback by the Springboks narrows the gap, but a final push falls short.
Turner’s Rome, From Mount Aventine remains on its original canvas and frame, with fingerprints and brush marks visible. It has never been restretched or restored and was last sold in 2014 for £30.3m. Sotheby’s expects about £50m at the December London sale, following showings in Rome, Hong Kong and New York.
MI5 has published an Espionage Alert saying the China General Technology Research Institute (CGTRI) has funded projects involving more than 100 UK-based academics and has very strong ties to China’s Ministry of State Security. Security minister Dan Jarvis has written to university leaders telling them to end relationships with CGTRI; continuing ties could expose staff to prosecution under the National Security Act.
Japan hosts a delayed, chaotic Asian Games with logistical issues shadowing standout performances. China leads in diving and tennis through young stars like Yu Zidi and Wang Xiyu; Japan and other nations show flashes of talent while organisers face criticism over accommodation and transport.
Nidec has reported significant writedowns and accounting irregularities, sending its bonds and shares lower amid leadership shake-ups and a delayed filing. PwC Japan has refused to sign off on its statements, prompting questions about the company’s financial stability and future reporting.
India has secured a commanding path to the final by defeating Sri Lanka, while Pakistan advances through damp conditions and incident-filled semifinals. Saturday’s final in Japan looms, with weather likely to shape the outcome. Viewers can watch via Willow TV in the US or Sony LIV in India, with several free streams globally.
Wu Yize has won the Shenzhen Open final, defeating Yuan Sijun to become world No. 2 and extend China’s hold on the top rankings. He overcame Yuan after building a lead in the evening session, with breaks including 74 and 62 as he secured the title and £177,000. Yuan climbs to around 16-26 in the rankings.
Starbucks has opened two stores in Urumqi, Xinjiang, drawing sustained criticism from US lawmakers and human-rights groups over the region’s governance and alleged abuses. The openings are part of a broader push into Xinjiang’s tourism-driven economy, drawing mixed reactions from international observers.
Manus-related funding has surged, led by Boyu Capital and IDG Capital, with strategic follow-ons from Tencent, HSG and ZhenFund. Manus has resumed independent operations after its split from Meta, pursuing global growth and a potential Hong Kong listing, while market appetite for AI agents remains strong amid regulatory concerns in China.
Taiwan has set a record defence budget for 2027 to deter threats while stressing it will not provoke. President Lai Ching-te has warned against aggression and called for international support, with US backing cited as crucial. The National Day address underscores Taiwan’s commitment to exist and defend its democracy amid ongoing cross‑strait pressure.
A modern stage adaptation of Muriel Spark’s The Prime of Miss Jean Brodie receives a powerful, problematising performance. Gayle Rankin leads as Brodie in a production that reframes the 1930s-era school as a crucible of ideology, art, and power, with vivid design and a daring political edge.
A flotilla of Chinese vessels has intensified operations around Taiwan and the Pratas Islands, drawing coastguard responses. Beijing asserts sovereignty over the Pratas and surrounding waters, while Taiwan and its allies reject Beijing’s claims and insist on freedom of navigation. The situation follows a pattern of rising Chinese maritime activity in the region.
China has continued its 23-month gold-buying streak, adding about 23 tonnes in September and expanding domestic gold use as a hedge against dollar exposure and sanctions. Private demand is rising as households seek safe assets amid a slowing economy and geopolitical risk.
Winnie-the-Pooh marks 100 years since the first Milne tale, celebrated with stamps, exhibitions, and a New York Public Library show. UK and US outlets highlight Pooh’s enduring popularity and the cross‑Atlantic tug‑of‑war over the bear’s home.
China has reported a 4.5% year-on-year GDP growth for Q3, with exports lifting the economy while domestic demand remains fragile. Analysts say the tech sector and AI-related demand underpin the uptick, even as investment and property drag on overall momentum. The government’s target of 4.5%–5% for 2026 appears achievable, aided by export strength and ongoing policy support.
Hong Kong qualifier Cheung Ka Wai has upset seven-time champion Ronnie O’Sullivan 4-3 in a NI Open first-round thriller. Cheung staged a late comeback, sealing victory in a decider after O’Sullivan’s early dominance, including a 138 clearance in frame two.
Two Japanese firms have cleared final steps to begin China operations as Beijing welcomes a trade delegation. BPCE’s banking arm plans to buy Tokyo advisory firm Sangyo Sosei, while other moves show continued cross-border investment.
Nvidia’s founder-CEO has been touring Europe to accelerate the company’s global AI ecosystem. He is backing startups in Europe, Saudi Arabia, South Korea, India, Malaysia and Africa, while urging sovereign AI models and infrastructure. Investors are watching whether government-backed demand can sustain chip demand amid funding challenges for neoclouds.
Champi has weakened from its peak but remains a dangerous typhoon nearing Taiwan’s northeast, with heavy rain and strong winds forecast through Saturday. At least one death has been reported, hundreds of flights canceled, and millions are preparing for extended disruption as Champi moves toward China and Japan.