BEIJING: Hong Kong’s commerce chief on Friday summoned the Panamanian Consul General in the city to condemn a court ruling that annulled Hong Kong-based CK Hutchison’s contract to operate two ports at the Panama Canal. The move came after China’s Hong Kong and Macau Affairs Office warned Panama of “heavy prices” to pay over the […]
Read MoreHONG KONG: Hong Kong’s CK Hutchison Holdings said Wednesday its subsidiary started arbitration proceedings against Panama after that country’s Supreme Court ruled a concession for the subsidiary to operate Panama Canal ports was unconstitutional. Hutchison said it strongly disagreed with last week’s ruling, and China warned Panama would pay “a heavy price” if it persisted. […]
Read MoreBy Cheryl Arcibal Hongkong Land is set to launch what it expects to be the largest private real estate fund in Singapore, with more than S$8 billion (US$6.2 billion) in assets under management, including prime commercial projects in the waterfront Marina Bay district. At inception, the Singapore Central Private Real Estate Fund (SCPREF) would include […]
Read MoreHong Kong’s leader said on Tuesday that China’s recent removal of its top representative in the city, known for his hardline policies on national security, had been a “normal” personnel change. In a surprise development, China announced late on Friday that Zheng Yanxiong, the director of China’s Liaison Office in Hong Kong – Beijing’s main […]
Read MoreHong Kong will file a complaint on recent US tariffs imposed on the city to the World Trade Organization, claiming the US has completely ignored the city’s status as a separate customs territory, chief secretary Eric Chan said on Tuesday (11 February). “This is absolutely inconsistent with the WTO rules. Of course, they have totally […]
Read MoreThe Hong Kong government will proceed with launching a complaint with the World Trade Organization (WTO) over the United States’ decision to levy an additional 10 per cent tariff on products from the city, an escalation analysts say is important but unlikely to sway the Trump administration. Secretary for Commerce and Economic Development Algernon Yau […]
Read MoreHONG KONG (Reuters) -A Hong Kong court dismissed on Thursday a bid by the legal team for jailed democrat Jimmy Lai to end his national security trial, saying prosecutors appeared to have sufficient evidence to support all three charges against him. Lai, 76, the founder of now-shuttered pro-democracy newspaper Apple Daily, has pleaded not guilty […]
Read MoreHong Kong, a special administrative region of China, has topped the list of the world’s most expensive cities for the third time in a row. On the other hand, the least expensive city is Abuja, the capital of Nigeria. Recently, this information has been known from the Mercer Cost of Living Survey. This survey has […]
Read MoreThe United States has announced new visa restrictions on several Chinese and Hong Kong officials in connection with the court’s verdict convicting 14 pro-democracy activists in Hong Kong. US State Department spokesman Matthew Miller made the announcement on Friday (May 31). In a statement Friday, Matthew Miller said the United States is deeply concerned about […]
Read MoreIn a landmark trial that underscores the ongoing tensions in Hong Kong’s political and legal spheres, fourteen pro-democracy activists were found guilty of subversion under the controversial national security law imposed by Beijing. The trial, which has attracted global attention, concluded with two activists acquitted, highlighting the polarized views on Hong Kong’s future. The case […]
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