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The Hong Kong Monetary Authority acts as Hong Kong’s central bank. HKMA buys 13.8 bn HKD to support the currency. HKD is trading at the weaker end of its band, i.e. the top of the permitted band for USD/HKD: I’ve posted on this before, ICYMI: Since 1983, the HKD has been pegged to the U.S….
(Reuters) -U.S. President Donald Trump’s plans to impose 50% tariffs on copper would include semi-finished products such as those used for power grids, the military and data centers, Bloomberg News reported on Thursday, citing people familiar with the matter. Trump on Wednesday announced a new 50% Source link
7/10: CBS Evening News – CBS News Watch CBS News What makes central Texas’ flash flood alley so dangerous?; The “smiling” quokkas winning over the world Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link
WASHINGTON (Reuters) -U.S. President Donald Trump said on Thursday the United States would impose a 35% tariff on imports from Canada next month and planned to impose blanket tariffs of 15% or 20% on most other trade partners. In a letter released on his social media platform, Trump told Canadian … Source link
A bidder here on Earth will soon shell out a lot of green for a piece of the red planet as Sotheby’s puts a Martian meteorite up for auction. NWA 16788, the largest piece of Mars on Earth, is expected to fetch up to $4 million during the July 16 auction in New York City,…
Hong Kong prides itself on transparency, caution and adherence to the rule of law. Policy proposals undergo scrutiny and seek to strike a balance between legal, social and public interests. However, in an era of increased public scrutiny, the optics of governance often overshadow its true purpose or public benefit. This is frequently the case…
As the Trump administration’s “Big, Beautiful Bill” eliminates many clean-energy incentives in the U.S., China continues huge investments in wind and solar power, reportedly accounting for 74 percent of all projects now under construction worldwide. Source link
Documents detail 911 call that led to Longwood officer’s resignation amid internal investigation New documents are raising questions about the misconduct allegations that led a Longwood police officer to resign in the middle of an internal affairs investigation. Records show a 911 call involving a 17-year-old led to the eventual resignation of Cpl. Virgel Quintal….
Atlanta, Georgia — Pillows filled and sealed for a good night’s sleep at the Atlanta warehouse of home bedding company Standard Fiber are one of many things giving its CEO, Chad Altbaier, nightmares. “Planning is practically impossible,” Altbaier told CBS News. “Probably the most challenging time of my career.” Nevada-based Standard Fiber is the middleman…
WASHINGTON (TNND) — President Donald Trump has the power to deem China an enemy to stop them from buying farmland in the U.S., says China expert Gordon Chang. “He might be loath to declare China an enemy, but in fact it is,” Chang said. “They call us an enemy. And also, he just has inherent…