Hong Kong’s finance chief has said the Middle East war has played only a limited role in driving up local inflation, noting the city’s service-based economy and stable energy supplies from mainland China have mitigated the effects of external shocks. Briefing the Legislative Council on Monday, Financial Secretary Paul Chan Mo-po said the surge in…
Hong Kong’s exports rose by nearly 43 per cent year on year in April, driven by strong global demand for artificial intelligence-related electronics, although the government warned that the Middle East war could cloud the near-term outlook. Provisional figures released by the Census and Statistics Department on Thursday showed that the total value of exports…
Sign up for the Slatest to get the most insightful analysis, criticism, and advice out there, delivered to your inbox daily. President Trump’s war on Iran is turning out to be an even bigger calamity than it seemed just a few weeks ago. Not only has he proved unable to convert America’s vastly superior military…
Anne Keast-Butler, director of GCHQ, pictured during CYBERUK 2024 on May 14, 2024, in Birmingham, England. Matthew Horwood for CYBERUK | Getty Images News | Getty Images Britain and its allies have a “narrowing window” to keep ahead of security risks posed by China, Russia and other adversaries, the U.K.’s top intelligence agent will warn…
Is peace at hand between the U.S. and Iran, or is talk of an end to the war just more hype and spin? Is the potential agreement, as President Trump insists, a good deal that is much tougher than anything the Obama administration managed to negotiate? Or is it the thinly disguised surrender of a…
Beijing —China’s President Xi Jinping and Russia’s Vladimir Putin met Wednesday in Beijing, just days after President Trump left the Chinese capital. The two major U.S. adversaries sought to underscore their close ties with a host of business deals – and to show a united front against “unilateral and hegemonic countercurrents” amid the ongoing U.S.-Israeli…
Hong Kong welcomed more than 1 million mainland Chinese visitors during their five-day Labour Day “golden week” holiday, a 10 per cent rise from a year ago, exceeding government expectations, but industry leaders have said their spending was inconsistent. Immigration Department data showed the city recorded 1.01 million mainland visitor arrivals between May 1 and…
The US has been using critical munitions at such a high rate against Iran that it could face risk in a future war — especially with China, defense experts warned. Loading audio narration… US forces “heavily used” seven key munitions in the 39 days of its air and missile campaign against Iran before a fragile…
US President Donald Trump on Monday lashed out at the Democrats, alleging attempts to hurt Washington’s position amid the ongoing war with Iran. The Republican has clarified that he is not under any “pressure” with respect to making a deal with Iran, even as the two-week ceasefire is set to expire soon. Donald Trump lashed…
Scores of Chinese construction workers in Israel have allegedly chosen not to evacuate the country, with some saying they would rather face bombs than poverty and starvation. Since the start of the war, the Chinese Embassy in Israel has been organizing evacuations of Chinese citizens via the Taba Port in Egypt. There are an estimated…