US President Donald Trump has announced a 100 per cent tariff on any films produced outside America wanting to enter its market, with experts saying the move will have little impact on the industry in Hong Kong. Trump posted on his social media platforms at around 7am Hong Kong time that non-US produced films constituted…
US President Donald Trump has announced a 100 per cent tariff on any films produced outside America wanting to enter its market, with experts saying the move will have little impact on the industry in Hong Kong. Trump posted on his social media platforms at around 7am Hong Kong time that non-US produced films constituted…
US Stock Market Live: Benchmark indices on Wall Street gained for the second day in a row on Wednesday, but could not hold on to the initial euphoria of strong gains for two consecutive sessions. Futures this Thursday morning, Indian time, are trading in the red, although the losses are minimal. The Dow futures are…
US Stock Market Live: US futures have extended their losses this morning Indian time, having opened lower. Futures on the Dow Jones are now down 300 points, while those on the S&P 500 and Nasdaq are down 35 and 110 points respectively. Thursday’s trading session saw the benchmark indices post their seventh negative week in…
Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing. 1. China to strengthen strategic ties with neighbours, Xi Jinping says Chinese President Xi Jinping has pledged to strengthen strategic bonds with neighbouring nations by “appropriately” managing differences and enhanced…
US President Donald Trump’s threat to slap 10 per cent tariffs on Chinese goods could spell bad news for Hong Kong’s biggest exports to the country, telecoms and technology equipment, experts warned on Wednesday, calling it a lose-lose situation. The city’s academics and business operators said the knock-on effects of tariffs could mean inflationary pressures…
China may be under pressure to let its currency appreciate and should reduce reliance on the US market, Chinese analysts said, after a former protégé of billionaire George Soros was tapped to become Washington’s top economic official. US president-elect Donald Trump on Friday picked hedge fund manager Scott Bessent, founder of investment firm Key Square…