Hong Kong
Hong Kong will file complaint to WTO on U.S. tariffs, official says
The headquarters of the World Trade Organization in Geneva on Feb. 5, 2024. Fabrice Coffrini | Afp | Getty Images Hong Kong will file a complaint on recent U.S. tariffs imposed on the city to the World Trade Organization, claiming the U.S. has completely ignored the city’s status as a separate customs territory, chief secretary Eric Chan said on Tuesday. “This is absolutely inconsistent with […]
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Look to India, Japan for ‘quality alpha’ amid market uncertainty, investor says
An employee counts Indian currency notes at a cash counter inside a bank in Kolkata. Rupak De Chowdhuri | Reuters Investors searching for “quality alpha” in Asia over the next six to nine months should look to India and Japan given the uncertainty in China, according to Lincoln Pan, partner and co-head of private equity at the Asia-focused […]
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USPS temporarily suspends some inbound packages from China, Hong Kong
A United States Postal Service worker pushes a cart of packages in New York City, on Dec. 4, 2023. Brendan Mcdermid | Reuters The U.S. Postal Service said Tuesday it’s temporarily suspending all inbound packages from China and Hong Kong Posts. The change is effective immediately and will remain “until further notice,” according to an […]
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Rubio tells Panama to end China’s influence of canal or face U.S. action
TOPSHOT – U.S. Secretary of State Marco Rubio (L) shakes hands with Panama Canal Authority Administrator Ricaurte Vasquez during a tour at the Miraflores locks of the Panama Canal in Panama City on February 2, 2025. Mark Schiefelbein | Afp | Getty Images U.S. Secretary of State Marco Rubio on Sunday warned Panama’s President Jose Raul Mulino that […]
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Country Garden overdue results show steep losses amid sector’s sales slump
Country Garden Holdings Co.’s Fengming Haishang residential development in Shanghai, China, on Tuesday, July 12, 2022. Qilai Shen | Bloomberg | Getty Images Country Garden, once China’s biggest developer and now facing a liquidation lawsuit, reported steep losses on Tuesday in its long-overdue 2023 and interim 2024 financial results, hurt by large provisions amid a prolonged […]
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Malaysia’s 1MDB files legal claim against Amicorp Group seeking over $1 billion for alleged fraud
Motorcyclists pass a 1Malaysia Development Berhad (1MDB) billboard at the Tun Razak Exchange development in Kuala Lumpur, Malaysia, February 3, 2016. Olivia Harris | Reuters Scandal-hit Malaysian state fund 1Malaysia Development Berhad said Monday it has filed a legal claim of more than $1 billion against corporate services provider Amicorp Group and its CEO, alleging the […]
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Hong Kong jails 45 democracy activists in landmark national security trial
Police stand guard outside the West Kowloon Magistrates’ Courts building before the sentencing against the 45 convicted pro-democracy activists charged under the national security law, in Hong Kong, China November 19, 2024. Tyrone Siu | Reuters Hong Kong’s High Court on Tuesday jailed 45 pro-democracy activists for up to 10 years following a landmark national security trial that has damaged the city’s once feisty democracy movement and […]
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Global ETFs slide as investors see Trump tariff policies hurting trade
A balcony above a trading floor inside the Euronext NV stock exchange in Paris, France, on Monday, March 13, 2023. Nathan Laine | Bloomberg | Getty Images U.S.-listed funds tracking global stocks largely pulled back in Wednesday’s session as investors considered Donald Trump’s victory harmful to international equities. Closely followed exchange-traded funds from iShares tracking […]
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Cathay Pacific bans couple after video showed inflight dispute over reclined seat
A couple, who argued with a passenger who reclined her seat, won’t be flying with Cathay Pacific ever again. The Hong Kong-based airline banned the pair after video footage emerged showing the couple taunting, using vulgar hand gestures, and jostling the chair of a female passenger who reclined her seat on a 14-hour flight from […]
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‘Golden era’ for Hong Kong retail is over as Chinese tourists continue to tighten their purse strings
Tourists from mainland cities enter a Louis Vuitton store at Tsim Sha Tsui on June 5, 2024 in Hong Kong. China News Service | China News Service | Getty Images Hong Kong’s retail sector has languished since the pandemic and analysts say it could be years before it bounces back. The city’s retail sales have […]
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