People standing in front of an electronic display showing the Hang Seng Index in the Central district of Hong Kong on July 26, 2021, after stocks plunged as tuition firms were hammered by China’s decision to reform the private education sector by preventing them from making profits. Isaac Lawrence | AFP | Getty Images Asia-Pacific…
The remarks come as the U.K. government pushes for a trade deal with the Trump administration to try and ease tariffs placed on the U.K. and other global economies last week. The U.S. imposed a baseline tariff of 10 percent on all U.K. imports, as well as a 25 percent tax on vehicles and steel…
US President Donald Trump’s senseless trade war has sparked a sell-off that wiped trillions of dollars off global bourses and led to concern the global economy would tip into recession. Mainland China and Hong Kong stock markets have received welcome support from Beijing’s sovereign wealth fund to soothe rattled investors who saw their net worth…
Optimists always say that with every challenge comes new opportunities. But with the economically illiterate US President Donald Trump single-handedly unleashing a new dawn of American protectionism, sending stock indices falling and world markets into a tailspin, things are looking bleak and may get worse. Maybe there’s a bright side to focus on, however. For…
Open this photo in gallery: Employees work on a production line of caps that will be exported to the United States at a factory in Suqian, in eastern China’s Jiangsu province on April 7.STR/Getty Images Countries around the world scrambled to contain the fallout of U.S. tariffs on Monday as Donald Trump threatened higher levies…
Carrying his 6-year-old daughter on his shoulders, Pierre Poilievre, the Conservative Party leader running to lead Canada, was wading through a crowd of well-wishers in his electoral district in Ottawa. “Hey, there he is, Mr. Alexander!” he said, gripping the hand of Mark Alexander, whose dairy farm the politician had visited 21 years ago on…
Hong Kong is set to attract about 170,000 visitors on the back of at least 56 events the Tourism Board has helped to put on the city’s calendar this year in the meetings, incentives, conferences and exhibitions (MICE) sector. The board said it had submitted bids to bring the events to the city, with 16…
Though Canada’s election began in earnest only late last month, public opinion polls have captured a gripping political narrative that has been unfolding since the start of the year. Between President Trump’s trade war, his threats of annexation and the resignation of Canada’s last prime minister, a lot happened in the run-up to this race…
Hong Kong schools recorded a net increase of about 4,500 students for the past academic year, with an industry leader attributing the shift from past trends to the diminishing emigration waves and an influx of young dependants linked to the city’s talent trawl. The city saw more than 80,000 pupils depart its schools between 2019-20…
The U.S. is set to more than double the duty it charges on softwood lumber imports from Canada, with the planned new rate set at 34.45 per cent, up from the previous 14.54 per cent. While the preliminary determination was not immediately posted to the U.S. Federal Register, it was confirmed in statements from the B.C….