Hong Kong’s exports rose nearly 36 per cent year on year in March – the sharpest rate in more than five years – backed by what authorities described as “strong global demand” for AI-related electronic products and outpacing last month’s growth despite trade disruptions. According to the Census and Statistics Department, the total value of…
Iran on Thursday called India and China “cradles of civilisation” after US President Donald Trump shared the transcript of a talk show, which referred to the two Asian countries as “hellholes.” US President Donald Trump referred to India, led by PM Modi, a ‘hellhole’. (PTI) “China and India are the cradles of civilisation,” the Iranian…
Confidence among Hong Kong’s exporters fell at its steepest rate in two years amid global trade turbulence even as demand was expected to remain stable over the long term. The Trade Development Council (TDC) on Tuesday said its Exporters Confidence Index for the first quarter of 2026 showed that traders remained “cautious”, though trade diversification…
The European Parliament on Monday decided to postpone a vote on the ratification process for the trade deal with United States, days after the US Supreme Court’s ruling on tariffs, two sources said, according to Reuters. The US Supreme Court had earlier struck down Trump’s previous global tariffs. (AFP) The US Supreme Court had earlier…
Businesses in Hong Kong remain confident of weathering uncertainties after US President Donald Trump raised global tariffs in response to a Supreme Court ruling that struck down his sweeping levies on imports. The local business sector was convinced that the impact of the new 15 per cent global tariff would be “limited”, echoing the opinion…
In a decision that strikes at the core of Donald Trump’s foreign policy based on trade-linked aggression, the US Supreme Court on Friday, February 20, struck down his sweeping global tariffs. US President Donald Trump has used the tariffs as a foreign policy tool. (AFP) It was a 6-3 ruling which represents a significant defeat…
On January 13, the British-born corporate governance activist David Webb, who had made Hong Kong his home for the past 35 years, died. Like many who have come from near and far after finding success, he did much to contribute to our society and its fabric. Many of our city’s landmarks bear the philanthropic imprint…
The United States Supreme Court on Tuesday deferred ruling on the legality of President Donald Trump’s global tariffs. If the decision given the court on global tariffs goes against Trump, it would be the biggest legal defeat for the US President since his return to the White House. (AP) The court, which does not usually…
The US Supreme Court agreed on Friday to review President Donald Trump’s bid to end birthright citizenship. FILE PHOTO: A view of the U.S. Supreme Court in Washington, U.S., July 19, 2024. REUTERS/Kevin Mohatt/File Photo(REUTERS) The conservative-dominated court did not set a date for oral arguments in the blockbuster case but it is likely to…
The US Supreme Court is poised in the weeks ahead to decide the legality of the majority of President Trump’s tariffs. The president invoked the International Emergency Economic Powers Act (IEEPA) to levy blanket tariffs on goods from other countries. But Congress is the branch of the US government with oversight of taxation and spending…