Hong Kong could emerge as the world’s leading financial centre as the central government pushes to internationalise the yuan – a move that will advance the nation’s development under the 15th five-year plan while also driving the city’s own growth, a National People’s Congress (NPC) deputy has said. Li Yinquan said the city stood to…
President Trump has deployed military might to fight drug cartels, blowing up dozens of alleged smugglers at sea and helping Ecuador bomb an apparent criminal training camps. In recent days he announced the formation of a “brand-new military coalition” of mostly right-wing governments from across the Americas that, he said, are united in “a commitment…
WASHINGTON, March 9 (Reuters) – U.S. President Donald Trump thinks the war against Iran “is very complete” and that Washington was “very far ahead” of his initial four to five week estimated time frame, according to a CBS News reporter on X, who cited an interview with him. “I think the war is very complete,…
Hong Kong is not just China’s economic sandbox but also a driver of the country’s development, the finance chief has said, calling the city the nation’s international financial centre. Financial Secretary Paul Chan Mo-po said on Monday that Hong Kong must move swiftly to embrace artificial intelligence (AI) and “get empowered” in its use, as…
Hong Kong’s transport sector is considering a temporary fuel surcharge for deliveries as pump prices are expected to climb further this week amid rising Middle East tensions, industry representatives have said. Ringo Lee Yiu-pui, governor and honorary life president of the Hong Kong, China Automobile Association, said on Monday that fuel prices in the city…
Escalating geopolitical tensions will not derail Hong Kong’s goal set out in the country’s 15th five-year plan and its efforts to implement the blueprint, former leader Leung Chun-ying has said, describing agility and adaptability as in the city’s DNA. The vice-chairman of the Chinese People’s Political Consultative Conference, the country’s top political advisory body, also…
By Maya Gebeily, Alexander Cornwell, Nandita Bose and Parisa Hafezi BEIRUT/MIAMI/TEL AVIV/DUBAI, March 8 (Reuters) – U.S. President Donald Trump said he is not interested in negotiating with Iran and raised the possibility that the Iran war would only end once Tehran no longer has a functioning military or any remaining leadership in power. Speaking…
Hong Kong’s economic growth forecast of between 2.5 per cent and 3.5 per cent for the year will not be affected by the Middle East war, which will hurt the trading sector but benefit the financial market, according to the city’s financial chief. Financial Secretary Paul Chan Mo-po also said on Saturday that the city…
Behzad Mirzaei, who has lived in Hong Kong for three decades, is losing sleep as tensions involving Iran escalate, worried about his elderly mother in Tehran. The founder of the Persian Club is among Hong Kong’s small Iranian community who are watching the war with mounting anxiety, waiting for daily updates and fearing for loved…
Hong Kong police have stepped up security around the consulates and officials of countries involved in the Middle East conflict, the South China Morning Post has learned. A source said officers had increased patrols at the consulates as a precaution since the outbreak of the conflict. The United States and Israel launched a massive attack…