The earnings underscored how the city’s developers are shifting focus towards projects that can still generate cash flow, mainly high-end housing in Hong Kong and top-tier mainland cities, while waiting for offices and retail to recover. Recent geopolitical tensions, including the Iran war, had created “significant economic uncertainties”, prompting Henderson to adopt a more prudent…
Donald trump’s strategy in Iran is like the weather in his home state of Florida: if you don’t like it, then wait for five minutes. On Friday the president said America’s war might soon be “winding down”. Its military goals had largely been met, he said, and he seemed untroubled by Iran’s ongoing closure of…
Hong Kong will raise its postage rates next month amid surging oil prices triggered by the conflict in the Middle East, with the cost of posting local letters increasing by 9 per cent to HK$2.40 (31 US cents). Hongkong Post on Monday said that the new rates would come into effect from April 13, highlighting…
Hong Kong should leverage its position as a “safe haven for investment” to attract foreign capital amid the ongoing conflict in the Middle East, the head of InvestHK has said, noting that more companies using Dubai as a hub have shifted to the city to diversify risk. The call came as finance chief Paul Chan…
LONDON, March 22 (Reuters) – British cabinet minister Steve Reed said on Sunday that there was no assessment that backed claims Iran is planning to strike Europe with ballistic missiles, or that it even has the capacity to do so. On Saturday, the Israel Defence Forces posted on social media that Iran has missiles “that…
PARIS, March 21 (Reuters) – The foreign ministers of the Group of Seven countries said on Saturday they stood ready to take necessary measures to support global energy supplies and reaffirmed the importance of safeguarding maritime routes, including in the Strait of Hormuz. “We … express support to our partners in the region in the…
For months behind the scenes in Beijing, Chinese and American officials have been locked in negotiations over one of the most consequential political meetings of this year. China’s President Xi Jinping was set to host United States President Donald Trump at a highly choreographed reception in Beijing at the end of March. Iran war live…
By the time this column appears, the world will feel very different from when my previous column appeared earlier this month. In just days, a conflict that some in Washington seemed to believe would quickly topple Iran’s leadership has instead become a potentially long and uncertain war, with little clarity on how or when it…
Although the IDF has set back Iran’s military industrial complex by years if viewed in a vacuum, military sources on Thursday admitted they have no way to estimate how much quicker the regime might recover in certain areas, such as ballistic missiles, if China were to assist. Last September, Mossad Director David Barnea said China…
DUBAI, March 19 (Reuters) – Iran’s foreign minister called for vigilance and regional coordination in separate calls with counterparts in Turkey, Egypt and Pakistan as the military warned of a tougher response to any further attacks on its energy infrastructure, state media reported on Thursday. After its energy facilities in South Pars gas field and…