The Trump administration will meet with officials from over 50 nations on Wednesday to expand Project Vault, its $12 billion reserve for critical minerals, in a bid to end reliance on China. Vice President JD Vance and Secretary Marco Rubio will meet with representatives from Europe, Asia and Africa to expand this effort into a…
Hong Kong commercial real estate is the Asia-Pacific region’s fifth most favoured investment destination for cross-border capital this year, underscoring an improved outlook for the city’s battered property market, according to a CBRE report. Hong Kong also recorded the second-highest number of luxury residential property deals among 12 super-prime markets worldwide in the last quarter…
Hong Kong was shaken last week by a 51 million yen (US$327,560) robbery, after two staff members from a Japanese currency exchange company reported that their cash was stolen outside a money changer in Sheung Wan. The two Japanese men told officers they had made an appointment to exchange about 190 million yen at a…
Islamabad, Pakistan – When meeting United States President Donald Trump in the Oval Office in September, Pakistan’s army chief, Field Marshal Asim Munir, opened a briefcase with Prime Minister Shehbaz Sharif standing next to him. Inside were a set of glistening minerals. Their display was part of Pakistan’s latest offer to the Trump administration: The…
The European Union and India announced a landmark Free Trade Agreement on Tuesday. The two economies, which together represent about a quarter of the world’s population, spent nearly two decades haggling over the terms of the deal. So what brought them together to finally ink what the EU has lauded as the “mother of all…
Hongkongers should avoid travelling to West Bengal, which is battling an outbreak of the deadly Nipah virus, an infectious diseases expert has said, with an Indian community leader in the city predicting a short-term impact on family and business trips. The community leader also sought to reassure the public, dismissing fears that India’s outbreak would…
New Delhi: Uncertainty continues to surround India’s possible participation in a signing ceremony for President Donald Trump’s so-called “Board of Peace” on the margins of the World Economic Forum (WEF) in Davos on Thursday, people familiar with the matter said. Smoke rises from a scene of destruction in Gaza, as seen from the Israeli side of…
Hong Kong’s Cathay Pacific Airways and its budget arm carried more than 36 million passengers in 2025, up 27 per cent from the previous year, on the back of growth in tourist numbers. Cathay Group said on Wednesday that the number of passengers handled by its premium carrier grew by 26.5 per cent to 28.87…
The global rally in gold prices shows no sign of fatigue. While retail and institutional investors have played their part, a crucial driver of the surge has been sustained buying by central banks. Even at elevated prices, monetary authorities across the world have continued to accumulate bullion, underscoring gold’s enduring role as a strategic reserve…
Hong Kong has deported 113 rejected non-refoulement claimants after a week-long operation, according to the Immigration Department. The operation codenamed “Shield” involved deporting a group of 68 men and 45 women, some of whom had completed prison sentences for criminal offences in the city. “A total of 113 unsubstantiated non-refoulement claimants who were illegal immigrants…