WASHINGTON (TNND) — As global attention remains fixed on the conflict between Israel and Iran, concerns are mounting that China might seize the opportunity to make a strategic move towards its interests. For decades, China has been eyeing Taiwan, waiting for the right moment to assert control and “reunify” the island with the mainland. On…
Hong Kong will expand a screening programme to more accurately assess cardiac health threats by including testing for high cholesterol starting on Friday, with 4 per cent of participants expected to be identified as only suffering from that condition. Commissioner for Primary Healthcare Dr Pang Fei-chau said on Saturday that about 110,000 residents had joined…
Hong Kong flag carrier Cathay Pacific Airways’ net profit rose 1 per cent to HK$9.9 billion (US$1.3 billion) in 2024, marking its second consecutive year of robust performance driven by stronger cargo and passenger demand, lower fuel prices and higher cost efficiencies. Cathay Group chairman Patrick Healy said on Wednesday that the results were strong…
Russian President Vladimir Putin has agreed to help mediate talks between the Trump Administration and Iran on issues including the Islamic Republic’s nuclear program and its support for proxies in the Middle East, anonymous sources in Moscow with knowledge of the development told Bloomberg on Tuesday. U.S. President Donald Trump raised the American request for…
China’s electric vehicle (EV) manufacturer BYD plans to raise $5.2 billion in a new share sale that would be the biggest such offering in Hong Kong in four years, Bloomberg News reported on Monday, citing the terms of the placement. The share sale will also be BYD’s largest raising of funds since the company was…
Effie Vasilopoulos Newly launched UK-based firm Broadfield has marked the Year of the Snake with its first overseas office in Hong Kong, just two months after its official debut. Hong Kong managing partner Effie Vasilopoulos said the firm would leverage its strong local expertise and market-leading position to drive growth in China. Vasilopoulos told Law.asia…
Omega Seiki Pvt. Ltd. has secured a robust order book of 2,000 L5 category electric passenger vehicles, strengthening its presence in Uttar Pradesh. The company has decided to strategically target key markets such as Lucknow, Kanpur, Agra, Noida, and Ghaziabad in the first phase of its expansion. With the state emerging as a critical hub…
Irvine electric vehicle maker Rivian has received conditional approval for a federal loan of up to $6.6 billion that would help fund construction of a Georgia plant where it could manufacture smaller and more affordable SUVs. The company said late Monday that the loan from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing Loan…
Hong Kong’s economic growth forecast for 2024 has been downgraded to 2.5 per cent after a weaker-than-expected third quarter expansion of 1.8 per cent year on year. The latest official data released on Friday showed the full-year forecast was at the lowest point of the government’s previous range of between 2.5 and 3.5 per cent…