With US President Donald Trump levying extra 145 per cent tariffs on China this year, and Beijing responding nearly in kind, it would be easy to assume Chinese green technology companies would be facing a reckoning after losing the vital US export market. After all, China is the world’s top producer of electric vehicles, photovoltaic…
Donald Trump says the US will strike a “very good” trade deal with China, as both countries remain locked in a tariff war. Several Asian countries have started negotiations with the US over his levy policy but despite facing the highest tariffs China has not. A White House website page states that some Chinese goods…
Concerns over earthquakes have contributed to a decline in the number of Hong Kong residents joining tour groups to some popular Asian destinations this Easter, despite prices falling by as much as 15 per cent over last year’s level, one of the city’s largest travel agents has said. Steve Huen Kwok-chuen, executive director of EGL…
Jason Isaacs, left, Parker Posey, Patrick Schwarzenegger, Sarah Catherine Hook and Sam Nivola in Season 3 of “The White Lotus.” Composer Cristobal Tapia de Veer announced he will not return for the show’s fourth season. Credit: Fabio Lovino/HBO via TNS Set on the tropical island of Koh Samui, Thailand, the third season of HBO’s “The…
President Xi Jinping will set off on a tour of three Southeast Asian countries next week as Beijing urgently seeks to strengthen ties with its neighbours amid an intensifying tariff war with Washington. Confirming an earlier report by the Post, the Chinese foreign ministry said on Friday that Xi would visit Vietnam on Monday, followed…
The Hong Kong government’s investment arm is keen to leverage the expertise of its latest investee – fintech unicorn WeLab – to support start-ups from the city looking to expand in Southeast Asia. Hong Kong Investment Corp (HKIC), which manages HK$62 billion (US$8 billion) of funds, on Thursday formed a partnership with WeLab after acquiring…
WASHINGTON (AP) — The stock market was soaring and the sun was shining when President Donald Trump stepped out of the Oval Office on Wednesday afternoon. Less than two hours earlier, he had retreated from his plans to increase tariffs on many U.S. trading partners, and investors were rejoicing after bracing for a global economic…
Optimists always say that with every challenge comes new opportunities. But with the economically illiterate US President Donald Trump single-handedly unleashing a new dawn of American protectionism, sending stock indices falling and world markets into a tailspin, things are looking bleak and may get worse. Maybe there’s a bright side to focus on, however. For…
Hong Kong jewellers will be forced to reduce their exposure to the US, scale back operations, relocate production or even close down, as American President Donald Trump’s decision to impose tariffs on Chinese exports raises levies to as much as 60 per cent, industry leaders have said. The latest tariffs of 34 per cent on…
Days before a devastating magnitude 7.9 earthquake struck Myanmar, flattening buildings and killing thousands, a team of Chinese seismologists published a study warning of a heightened risk of such disasters in the area. With the death toll now estimated to have passed 3,000, the seismologists have predicted the March 28 quake will not be the…