The warring African nations said in a joint statement on Wednesday that they had initialled an agreement aimed at ending the conflict in eastern DRC – to be formally signed in the US capital next week. “This is a Great Day for Africa and, quite frankly, a Great Day for the World!” Trump said in…
(Bloomberg) — Almost 10 days since President Donald Trump declared a “done” trade deal with Beijing, US companies remain largely in the dark on when they’ll receive crucial magnets from China — and whether Washington, in turn, will allow a host of other exports to resume. Most Read from Bloomberg While there has been a…
We have selected seven stories from the SCMP’s coverage over the past week that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Chinese scientists build world’s first 6G-powered electronic warfare system Chinese researchers have developed a revolutionary electronic warfare…
The terms “United States exclusion clause” and “China risk clause” were frequently heard at a recent shipping forum hosted by Zhejiang Seaport Group in the eastern city of Ningbo, as uncertainties at sea persist despite the trade war truce reached between the world’s two biggest economies. The event brought together global logistics sector representatives and…
CK Hutchison Holdings needs a war chest to maintain its fiscal health in the face of escalating geopolitical tensions, its chairman Victor Li Tzar-kuoi has said, with senior managers assuring the US$23 billion deal involving two Panama ports will comply with regulations. At the conglomerate’s annual general meeting on Thursday, Li said that many uncertainties…
A rock climber who fell hundreds of feet descending a steep gully in Washington’s North Cascades mountains survived the fall that killed his three companions, hiked to his car in the dark and then drove to a pay phone to call for help, authorities said Tuesday. The surviving climber, Anton Tselykh, 38, extricated himself from…
Fresh & Ready Foods is voluntarily recalling numerous products, after at least 10 people in the U.S. have been sickened in a listeria outbreak linked to its ready-to-eat food products, federal officials said. The U.S. Food and Drug Administration said Saturday that federal, state and local officials are investigating the outbreak linked to foods produced by the…
The US Senate confirmed long-time China critic David Perdue as the new US ambassador to China on Tuesday, a key role amid escalated bilateral tensions and a high-stakes tariff showdown between the world’s two largest economies. Perdue, 75, a former US senator for the state of Georgia and a veteran business executive, was confirmed in…
US President Donald Trump says there is “a very good chance” of reaching a trade deal with China, even as his own trade envoy acknowledged just hours earlier that no tariff discussions are taking place between Washington and Beijing. “Will we make a deal? There’s a very good chance we’re going to make a deal…
Hong Kong’s Trade Development Council (HKTDC) is searching for a replacement for its executive director ahead of her retirement, with the Post learning that the government prefers a candidate with a strong grasp of both geopolitical issues and commerce. According to an insider familiar with the hiring process, a selection committee headed by the financial…