May 24, 2025 Amid rising geopolitical tensions and discussions on de-dollarisation, Hong Kong’s financial system is playing a pivotal role in promoting the internationalisation of the yuan. As reported by the South China Morning Post, the yuan’s potential to expand its global footprint is being explored by international businesses, particularly in Qatar. The affluent Middle…
LONDON: Britain hopes to secure a reset deal with the European Union on Monday that would boost defence and security cooperation, and smooth the arrival of people and also food into the bloc, its chief negotiator said on Sunday. Prime Minister Keir Starmer will host EU leaders in London on Monday in the most significant…
A deal by Hong Kong-based CK Hutchison Holdings to sell all its overseas ports to a consortium led by US firm BlackRock has taken a fresh twist, with the revelation that the new majority shareholder will not be American, but a low profile Italian-Swiss family with ambitions to control global shipping. Sources told the Post…
TAIPEI, TAIWAN – MARCH 26: A circuit board featuring technologies of Snapdragon and semiconductor firm Qualcomm is seen at the AI Expo Taiwan, in Taipei, Taiwan, on March 26, 2025. Daniel Ceng | Anadolu | Getty Images The U.S. Commerce Department said on Tuesday it was issuing new export licensing requirements for Nvidia’s NVDA.O H20,…
With Beijing having spent the past decade finding ways to bolster the nation’s technological independence through its “Made in China 2025” (MIC2025) initiative, European companies with a stake in the world’s second-largest economy have watched with growing concern – fearful of becoming further marginalised. In the pursuit of China’s technological strides – aiming to be…
A look at what happened in the US government this week Updated: 10:03 PM EDT Apr 11, 2025 President Donald Trump rolled back his tariffs against most of the world while increasing them against China, the financial markets had one of the most chaotic and historic weeks in history, more high-profile court cases against the…
A global trade slowdown tied to U.S. tariffs will likely create a more challenging environment for bond fund managers, according to financial futurist Dave Nadig. “All of these capital holding requirements that led to buying U.S. Treasurys are kind of unwinding at the same time,” the former ETF.com CEO told CNBC’s “ETF Edge” on Wednesday….
Prime Minister Keir Starmer said on Monday Britain would fight to secure a trade deal with the United States while working with key partners around the world to lower trade barriers. Starmer, who has avoided some of the more angry responses of world leaders to U.S. President Donald Trump’s tariff plan, said the levies were…
If last week suggested that the global economic order had been irreversibly changed, then Monday morning showed the magnitude of the disruption. Asian markets were roiled by the Trump tariffs on Monday . In Japan, the Nikkei closed 7.83% down; in Hong Kong, the Hang Seng did worse, closing 13.22% down; and in India, the…
President Donald Trump holds a signed executive order after delivering remarks on reciprocal tariffs during an event in the Rose Garden on April 2, 2025. Saul Loeb | Afp | Getty Images President Donald Trump has cited a host of reasons to impose steep new tariffs on U.S. trading partners. Some of the justifications are…