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Fosun International Ltd. has secured a HK$1.6 billion ($205 million) syndicated loan to partly refinance an existing facility for a Hong Kong property project, according to people familiar with the matter. The new facility, which has a one-year tenor, was signed at the end of last month, said the people, asking not to be named…
BEIJING (Reuters) – The United States should immediately lift all tariffs on Chinese goods, the Chinese commerce ministry said on Thursday, ahead of an announcement by the Biden administration on expected hikes in levies on Chinese-made items, including electric vehicles. The U.S. is expected to make its final determination in the coming days after delaying…
Key events Show key events only Please turn on JavaScript to use this feature Israel’s security agency Shin Bet has published figures suggesting that August saw more rockets fired into Israeli-controlled territory from Lebanon than any other month since the Hamas attack launched on southern Israel on 7 October last year. The Times of Israel…
Hong Kong customs officers have rounded up 149 residents, including three students, in a crackdown on sales of untaxed cigarettes at public housing estates, leading to the seizure of HK$5.6 million (US$718,000) worth of contraband goods. The Post learned on Wednesday that most of the arrestees were suspected buyers of illegal tobacco products through phone…
Baidu on Wednesday announced a rebranding of its flagship artificial intelligence (AI) app Ernie Bot, as the Chinese technology giant tries to distinguish itself in an increasingly crowded and competitive market. The Chinese renaming of Ernie Bot to “Wenxiaoyan” from “Wenxin Yiyan” reflects the tool’s positioning as a “new search” assistant, according to Xue Su,…
Former New York governor’s aide charged with acting as agent for China Linda Sun, a former aid to Governor Kathy Hochul, is out on bond after being charged with being a spy for China in exchange for millions of dollars in kickbacks. September 4, 2024 Source link
Hong Kong flag carrier Cathay Pacific Airways has axed another 22 flights over an engine component failure uncovered in its Airbus A350 fleet, bringing the number of cancellations this week to 90. Confirming the Post’s report, the airline said 22 flights would be cancelled between Thursday and Saturday, and no further cuts were expected. The…
PHNOM PENH, Cambodia (AP) — Cambodia’s Defense Ministry said Wednesday that China is giving its navy two warships of the type it has had docked for months at a strategically important base being expanded with Beijing’s funding, which has raised concerns of China establishing a permanent naval presence on the Gulf of Thailand. Ministry spokeswoman…
Whether it’s the smell of pumpkin spice lattes, the last barbecue of the summer, the start of the football season, or the change in the weather — there are plenty of signs that fall is in the air. In the investing world, that means it’s the perfect time to get your portfolio in order so…
An Airbus SE A350 aircraft operated by Cathay Pacific Airways Ltd. on the tarmac at Hong Kong International Airport in Hong Kong, China, on Tuesday, Sept. 3, 2024. Bloomberg | Bloomberg | Getty Images Hong Kong flag carrier Cathay Pacific on Wednesday confirmed it expects to return its Airbus A350 planes to service by the…