Sandra Marco Colino – Charm

US ‘pressure’ a major challenge to CK Hutchison’s arbitration against Panama: experts

1 month ago02 mins

Pressure from the United States remains a major challenge in CK Hutchison Holdings’ arbitration against Panama and it may take years to resolve the dispute, legal and political experts have said of the continuing controversy over the Hong Kong conglomorate’s ports. The company, led by billionaire Li Ka-shing’s family, said on Wednesday that its subsidiary,…

CK Hutchison tipped to sell remaining ports despite Panama court ruling: experts

1 month ago02 mins

Hong Kong-based CK Hutchison Holdings is expected to move forward with selling its remaining port assets, despite Panama’s Supreme Court nullifying its contract for two terminals at either end of the country’s geostrategically vital canal, according to experts. But the effort by billionaire Li Ka-shing’s conglomerate to offload the rest of its ports would still…