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HONG KONG -- Hong Kong Chief Executive John Lee on Tuesday defended his government's overseas representative offices, the day after the manager of a branch in London was arrested on national security grounds.
HONG KONG -- Chinese e-commerce group Alibaba Group Holding said on Tuesday that the long-delayed conversion of its listing in Hong Kong to primary status will be completed by the end of August this year.
The Biden administration announced stiff new tariff rates Tuesday on $18 billion worth of Chinese imports. The White House said the tariff hikes were necessary to protect American industries from unfair competition.
The jaw-dropping rally in GameStop on Monday caused losses approaching $1billion for short sellers, according to data from S3 Partners.
Stock futures flickered near the flatline Tuesday as Wall Street braced for the release of key inflation reports.
Washington now sees China as its primary strategic competitor, with the two nations embroiled in a range of disputes spanning political, economic, technological, ideological, military and security interests.
Indonesia’s President-elect Prabowo Subianto said his incoming administration will maintain an open foreign policy approach and not be drawn into choosing sides between the US and China as they compete for influence.
Shell companies and a growing market for cryptocurrency have become the new hotbeds for money laundering across the Asia-Pacific region, but new technologies such as artificial intelligence (AI) have emerged as effective tools to counter the crime, according to Forrester Research.