Trump’s space order risks environmental disaster while rewarding Musk and Bezos, experts say | Trump administration

Trump’s space order risks environmental disaster while rewarding Musk and Bezos, experts say | Trump administration

A draft executive order from Donald Trump that aims to largely exempt space launches from environmental review is viewed as a gift to commercial space industry players such as Elon Musk, Jeff Bezos and others who have long targeted the regulations. But its central components may be illegal and the US president “is trying to…

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CK Asset’s first-half profit falls 26% amid Hong Kong property market challenges

CK Asset’s first-half profit falls 26% amid Hong Kong property market challenges

CK Asset Holdings, one of the flagship companies owned by billionaire Li Ka-shing’s family, reported weaker-than-expected first-half profit amid a challenging housing market in Hong Kong and declining rental income from its commercial properties. Profit attributable to shareholders fell 26.2 per cent to HK$6.3 billion (US$806.4 million) in the six months to June, according to…

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