Trump's trade war blurs lines between Hong Kong and Beijing, threatening the city's status as a global financial hub. Economists minimize the direct economic impact of tariffs on Hong Kong-made goods, but companies face heightened geopolitical risks. The US refusal to distinguish between Hong Kong and mainland China undermines its unique identity and role as an international connector.
Published on: February 07, 2025, 07:00 AM UTC
Hong Kong Post continues to suspend shipping to the US despite the US postal service reversing the ban. The suspension is due to a lack of clarification from the US postal administration on tariffs imposed on Hong Kong products. This raises concerns about the impact on e-commerce platforms like Shein and Temu, which rely heavily on direct postal service from China.
Published on: February 07, 2025, 03:00 AM UTC
The Trump administration has chosen Gerald Parker, a veterinarian and former top US health and security official, to lead the White House Office of Pandemic Preparedness and Response Policy.
Published on: February 07, 2025, 02:01 AM UTC
CFTC Acting Chair Caroline Pham removes head of HR leading internal investigation into hostile work environment complaints against her, replacing her with chief diversity officer despite directive to place DEIA staff on leave.
Published on: February 07, 2025, 01:01 AM UTC
Meta CEO Mark Zuckerberg visited the White House for meetings, a White House official says.
Published on: February 06, 2025, 10:04 PM UTC
President Trump proposes overhauling US air traffic control system with a modernized, computerized system after a deadly crash at Reagan National Airport.
Published on: February 06, 2025, 03:04 PM UTC
The fate of a $4 billion settlement for victims of Maui's historic 2023 wildfire hangs in the balance as Hawaii's Supreme Court examines insurance companies' demands for the right to pursue defendants separately.
Published on: February 06, 2025, 07:04 AM UTC
Saudi Arabia and the United States have discussed a potential deal to develop the Gaza Strip, but the proposal has drawn criticism from leaders in the Middle East and Europe. The US President has proposed that the US and Saudi Arabia take over the Gaza Strip and redevelop it, but Saudi Arabia has rejected the idea, demanding an independent Palestinian state as part of any normalization agreement. The Saudi response has been met with skepticism from some, who believe that the kingdom may be willing to accept a watered-down version of a pathway to statehood if the US meets most of its defense, security, investment, and technology demands. However, Saudi officials have made it clear that steps toward statehood are a mandatory condition for any normalization deal.
Published on: February 06, 2025, 07:03 AM UTC
Nissan CEO Makoto Uchida wants to terminate merger talks with Honda, the Asahi newspaper reports.
Published on: February 06, 2025, 03:00 AM UTC
President Trump's proposal to depopulate Gaza and rebuild it as a "Riviera" under US control has sparked mixed reactions, drawing praise from Israel but widespread condemnation from the Middle East and Europe.
Published on: February 05, 2025, 06:00 PM UTC