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China-US trade truce won’t stop Hong Kong from filing WTO complaint: John Lee
City leader to press on with case that Hong Kong is a separate customs entity, while economists warn against over-optimism.
Hong Kong delegation led by city leader signs 35 MOUs and deals in Qatar
Agreements span trade and investment promotion, finance, transport and logistics, and innovation and technology, among other areas.
Trump set to speak with Xi as U.S. and China agree to temporary tariff reductions
12th May 2025 – (Washington) U.S. President Donald Trump announced on Monday that he plans to speak with Chinese President Xi Jinping later this week, following a breakthrough in trade negotiations aimed at easing tensions between the two economic superpowers. “I’ll speak to President Xi, maybe at the end of the week,” Trump told reporters […]
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National grid failure halts London Underground
13th May 2025 – (London) Transport for London (TfL) has issued an apology after a sudden power failure, attributed to a National Grid issue, plunged parts of the London Underground into chaos during Monday’s evening rush hour. Critical lines including the Bakerloo and Suffragette routes were fully suspended, while severe delays and partial closures crippled […]
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Hong Kong’s CK Hutchison Holdings pledges Panama port deal won’t violate laws
Statement comes after mainland China’s market regulator asked parties involved not to circumvent ongoing antitrust probe.
St. Teresa’s Hospital denies reports of water dripping in operating theatres during air conditioning failure
13th May 2025 – (Hong Kong) St. Teresa’s Hospital in Kowloon faced allegations of air conditioning failure last July, with claims that condensation formed on walls, equipment, and even surgical lights in its operating theatres. Dr Liu Chi-leung, a specialist surgeon present during the incident, reported that water droplets fell onto surgical tables, and some […]
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Trump orders big pharma to slash U.S. drug prices within 30 days or face international rate cap
13th May 2025 – (Washington) President Donald Trump has ratcheted up pressure on pharmaceutical firms by signing an executive order demanding drugmakers drastically cut prescription costs within 30 days—or face U.S. government price caps aligned with cheaper rates paid by other nations. The bold directive, unveiled at a fiery White House press conference on Monday, […]
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Blaze at Keir Starmer’s North London home sparks counter-terror probe
13th May 2025 – (London) Counter-terrorism police are leading an investigation after a fire broke out at Prime Minister Sir Keir Starmer’s rented north London home in the early hours of Monday, causing damage to the property’s entrance. The incident, which occurred shortly after 1.10am in Kentish Town, saw flames swiftly extinguished by firefighters, with […]
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XRP surges past Tether in market capitalisation
13th May 2025 – (New York) Ripple’s XRP has eclipsed the market capitalisation of Tether (USDT), the leading stablecoin, fuelling speculation that traders are increasingly favouring volatile digital assets over safer, fiat-pegged alternatives. This milestone, which sees XRP leapfrog USDT in dominance rankings, hints at a potential resurgence of interest in altcoins as markets recalibrate […]
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