News
A former chairman of Hong Kong’s Hospital Authority, a media mogul and a business leader have been awarded the city’s highest honour this year, while Olympic gold medal fencer Vivian Kong Man-wai was also recognised for her sporting achievements. Two Hongkongers who helped save residents from a deadly fire were also among the 427 individuals…
An ag economist at Ohio State University says U.S. soybean exports could face pressure from the recently announced trade deal between China and Brazil. Ian Sheldon tells Brownfield, “In 2023, Brazil’s agricultural exports to China hit $60.24 billion,” he says. “US exports of soybeans to China in 2023 had fallen to less than 30%. The…
WASHINGTON (AP) — State and federal prosecutors have charged more than 320 people and uncovered nearly $15 million in false claims in what they described Monday as the largest coordinated takedown of health care fraud schemes in Justice Department history. Law enforcement seized more than $245 million in cash, luxury vehicles, cryptocurrency, and other assets…
President Trump’s promise to eliminate taxes on worker tips could soon come to fruition as senators try to iron out the final details of a massive budget package he has dubbed the “big, beautiful bill.” One part of the legislation, the centerpiece of the Trump administration’s economic agenda, would provide workers who rely on tips for a…
The Trump administration has detained new train car shells and other essential equipment manufactured for the MBTA by a Chinese state-owned company, threatening to derail a more than $1 billion effort to upgrade the transit agency’s aging subway cars. According to the T, last month U.S. Customs and Border Protection agents confiscated several shells and…
A criminal investigation has been launched over performances by Bob Vylan and Kneecap at Glastonbury on Saturday, Avon and Somerset Police has said. The force said it had appointed a senior detective to investigate whether comments made by either act amounted to a criminal offence after reviewing footage. A statement added: “This has been recorded…
Lululemon is suing Costco, accusing the discount retailer of selling “confusingly similar” replicas of its jackets, sweatshirts and pants. In a lawsuit filed Friday in the U.S. District Court for the Central District of California, the athletic and lifestyle apparel company claims that certain Costco products imitate its own designs so closely that it constitutes…
Capital seldom announces its intentions. But when a market attracts over US\$90 billion in fresh inflows within six months, the signal becomes difficult to ignore. That is precisely what has unfolded in Hong Kong this year, as mainland Chinese investors have funnelled extraordinary volumes into the city’s equity market. What began as a modest valuation…
China is making strides in semiconductor production deemed crucial for artificial intelligence despite US export controls and diffusion rules, a new report suggests. Recent semiconductor analysis focusing on China says since the start of the year, Beijing has taken inventory of and redistributed some of its semiconductor production tools acquired in recent years, and in…
A sitting U.S. congressman in Tennessee has sent a formal request to U.S. Attorney General Pam Bondi that Zohran Mamdani be stripped of his American citizenship and deported. In a saner world, Rep. Andy Ogles would be run out of office at the earliest possible opportunity for abusing his power in the most un-American way…