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Search Result for “Li Ka-shing”

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GENERAL

China hits back with 34% tariffs on all US goods

Published on 04/04/2025

» China retaliated on Friday against new US tariffs with a series of measures, including 34% levies on all American imports and export controls on rare earths, escalating the trade fight that has sent global markets reeling.

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GENERAL

China vows retaliation as Trump unleashes ‘bazooka’ US tariffs

Published on 03/04/2025

» China vowed to retaliate against Donald Trump’s biggest tariffs yet, putting the world’s largest economies on a collision course that risks decimating bilateral trade and upending supply chains.

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GENERAL

BlackRock, at centre of Panama ports deal, has nearly US$16 billion in Chinese stocks

South China Morning Post, Published on 01/04/2025

» SHANGHAI — BlackRock, the asset manager at the centre of a deal to buy US$23 billion in port assets from Li Ka-shing's CK Hutchison Holdings, has about $15.5 billion invested in Hong Kong and mainland-listed stocks through its China-focused funds, with its portfolios concentrated on technology and financial companies.

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GENERAL

Trump hails ‘reclaiming’ of Panama Canal after ports deal

Published on 05/03/2025

» US President Donald Trump has hailed a deal led by the US investment firm BlackRock to buy most of the $22.8-billion ports business of the Hong Kong conglomerate CK Hutchison which includes assets along the Panama Canal.

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WORLD

'Intolerable' US claim sparks new row over Panama Canal

AFP, Published on 07/02/2025

» PANAMA CITY - Panama on Thursday rejected the United States' claim of securing free passage for its government vessels through the Panama Canal, while bowing to US pressure to quit a key Chinese project.

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GENERAL

Asian equities revive after slow start to 2025

Business, Published on 04/01/2025

» RECAP: Asian stocks rose on Friday, aiming to shrug off a lacklustre start to 2025, while the dollar was steady near a two-year high as investors fret about United States interest rates staying higher for longer. Worries about tariffs and China's economy also kept a lid on gains.

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GENERAL

Asian shares ease back on profit-taking

Business, Published on 22/06/2024

» RECAP: Asian shares ended the week with a whimper after a recent rally to 26-month highs drew profit-taking, while the relentless strength in the US dollar pushed the Japanese yen towards the intervention zone.

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GENERAL

Hong Kong's WeLab eyes Southeast Asia digital banks

South China Morning Post, Published on 20/06/2024

» HONG KONG - WeLab, a Hong Kong-based fintech unicorn backed by billionaire Li Ka-shing, is exploring the idea of setting up digital banks across Southeast Asia and providing its technology services to conglomerates in Malaysia, Vietnam, Thailand and the Philippines.

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OPINION

HK's billionaire debt kings are losing their mojo

News, Shuli Ren, Published on 27/09/2023

» The tide is turning for Hong Kong's tycoon families. All of a sudden, the younger generation has to work a lot harder to convince banks and investors that their money is safe, and their pet projects are savvy.

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SPORTS

Supanida, Aimsaard sisters seal places in semi-finals

Sports, Published on 04/02/2023

» Thailand's Supanida Katethong reached the women's singles semi-finals of the US$210,000 Princess Sirivannavari Thailand Masters at Nimibutr Stadium yesterday.