12 h. ago Trump hits Denmark and other Nato allies with tariffs to force Greenland sale

US President Donald Trump said on Saturday that he would charge a 10 per cent import tax starting in February on goods from eight European nations, all Nato members, because of opposition to US control of Greenland. He said in a social media post that Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland would face the tariff, which would be raised to 25 per cent on June 1 if a deal was not in place for “the Complete and Total purchase of Greenland” by the...

Politics

12 h. ago Trump hits Denmark and 7 other Nato allies with tariffs to force Greenland sale

US President Donald Trump said on Saturday that he would charge a 10 per cent import tax starting in February on goods from eight European nations, all Nato members, because of opposition to US control of Greenland. He said in a social media post that Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands and Finland would face the tariff, which would be raised to 25 per cent on June 1 if a deal was not in place for “the Complete and Total purchase of Greenland” by the...

Politics

12 h. ago Trump hits Denmark and 7 other Nato allies with tariffs for opposing US on Greenland

Opening a new front in his worldwide tariff onslaught, US President Donald Trump said on Saturday he would impose a 10 per cent import tax on the United Kingdom and six European countries for opposing his plan to purchase Greenland and that the rate would more than double if they did not let him acquire the Danish territory. His announcement on social media two weeks to the day after he abducted Venezuela’s president from Caracas marks the latest chapter in a tumultuous start to 2026, even by...

Politics

57 h. ago Washington completes first sale of Venezuelan oil in US$500 million deal, says US official

The United States has finalised a sale of Venezuelan oil – the first since Washington took control of the sector following the toppling of Nicolas Maduro, a US official told Agence France-Presse on Thursday. According to the official, who did not identify the buyer, the deal is worth US$500 million, and additional sales could take place in the coming days or weeks. “President Trump brokered a historic energy deal with Venezuela, immediately following the arrest of narcoterrorist Nicolas Maduro,...

Economics

4 d. ago Johnnie Walker maker Diageo mulls options for China assets including sale: sources

Johnnie Walker maker Diageo mulls options for China assets including sale: sources  South China Morning Post

Politics

4 d. ago Diageo considering options including sale for China assets, Bloomberg News reports

Diageo considering options including sale for China assets, Bloomberg News reports  Reuters

Politics

4 d. ago Diageo Is Said to Weigh Options for China Assets Including Sale

Diageo Is Said to Weigh Options for China Assets Including Sale  Bloomberg.com

Politics

7 d. ago ‘Worth the wait’: hundreds queue for Fortnum & Mason’s Hong Kong branch closing sale

Hundreds of eager shoppers flocked to Fortnum & Mason on Saturday for discounted products before the British luxury department store closes, with staff stopping the queue two hours after opening. By 2pm, the Post observed a queue of around 100 people stretching along the Tsim Sha Tsui waterfront. Staff began turning customers away from 1pm, advising them to check the shop’s social media platforms for the latest updates. Known in Britain as the “King’s grocer”, Fortnum & Mason announced on Friday...

Politics

8 d. ago Philippine teen arrested over alleged US$845 baby sale as police warn of rise in cases

A teenager in the Philippines has been arrested for trying to sell her one-month-old baby for 50,000 Philippine pesos (US$845) on social media, as police warn that similar cases have been “spreading like wildfire” in recent years. The 17-year-old was caught on Tuesday after police officers contacted her in response to her online post and arranged a meeting, according to the Philippine Daily Inquirer. “We found out from her mother that the teenager had spent the money for her tuition. So her plan...

Events

8 d. ago Fortnum & Mason’s Hong Kong branch to close on January 25, holds clearance sale

Fortnum & Mason, the upmarket department store chain that counts the British royal family among its regular customers, has announced that its flagship shop in Hong Kong will close by the end of the month. The British luxury goods brand, known for its speciality teas and food hampers, announced on Friday that the store, which opened in 2019, would also offer discounts of up to 60 per cent ahead of its closure. “We want to share that we have taken the decision to close our store and restaurant in...

Politics

1 week ago Hong Kong’s embattled Urban Renewal Authority raises HK$8 billion in bond sale

Hong Kong’s beleaguered Urban Renewal Authority (URA) has raised HK$8 billion (US$1.02 billion) by selling bonds to finance capital expenditure and new projects. The cash-strapped authority on Wednesday said it sold two tranches of bonds, one worth HK$5 billion with a five-year term and the other for HK$3 billion with a 10-year term. The coupon rates were 2.95 per cent and 3.48 per cent, respectively. It marked the URA’s return to the bond market for the first time since August 2024, when it...

Economics

1 week ago Air China’s HK$1.32 billion Cathay stake sale ‘tactical’, Hong Kong carrier CEO says

Air China has sold part of its stake in Cathay Pacific Airways for HK$1.32 billion (US$167 million), but the Hong Kong carrier’s CEO has said the move will not affect the mainland airline’s role as a strategic shareholder. Cathay Group CEO Ronald Lam Siu-por said on Tuesday that the sale of a 1.6 per cent stake in the company was a “tactical” move, as he unveiled events marking the carrier’s 80th anniversary. “I believe and understand that this is only tactical. Air China will remain our...

Economics

2 w. ago China’s Zhipu AI launches US$560 million share sale as Hong Kong’s IPO tech race heats up

Chinese artificial intelligence firm Zhipu AI kicked off a share sale on Tuesday to raise HK$4.35 billion (US$560 million), moving closer to becoming the first large language model (LLM) developer listed in Hong Kong amid a surge of technology initial public offerings (IPOs). The start-up, officially known as Knowledge Atlas Technology and marketed overseas as Z.ai, set its offer price at HK$116.20 for more than 37 million shares, with 10 per cent allocated to retail investors. The company plans...

Economics

2 w. ago Denmark to buy US$1.8 billion in US patrol planes despite rift over Greenland

The United States said on Monday it had approved a US$1.8 billion sale of patrol aircraft to Denmark, despite renewed tension after an envoy of US President Donald Trump called again for seizing Greenland. The State Department said it approved a request from Denmark to buy the P-8A patrol and reconnaissance system from Boeing, which will include up to three aircraft. The sale will “support the foreign policy goals and national security objectives of the United States by improving the security of...

Economics

2 w. ago Venezuela condemns US arms sale to Taiwan, echoing Beijing’s position

Venezuela criticised the United States on Monday over its decision to approve a large-scale arms sale to Taiwan, aligning itself with Beijing as tensions escalated around the island. In a statement issued by the foreign ministry, the Venezuelan government said the sale interfered in China’s internal affairs and breached international commitments undertaken by Washington. It reiterated its support for the one-China principle and said Taiwan is “an inalienable part of China’s territory”. The...

Politics