8 h. ago Europe, Ukraine prepare plan to end war, proposing peace board headed by Trump

European nations are working with Ukraine on a 12-point proposal to end Russia’s war along current battle lines, pushing back against Vladimir Putin’s renewed demands to the US for Kyiv to surrender territory in return for a peace deal. A peace board chaired by US President Donald Trump would oversee implementation of the proposed plan, according to people familiar with the matter. Once Russia follows Ukraine in agreeing to a ceasefire and both sides commit to halting territorial advances, the...

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5 d. ago Chinese EV maker Li Auto eyes global market with Hong Kong base

Chinese electric-vehicle (EV) maker Li Auto has set up its international headquarters in Hong Kong, paving the way for its overseas expansion amid intensifying competition at home. The Hong Kong operations would serve as a strategic base for the Beijing-based carmaker to “oversee its research and development [R&D], intellectual property management and international supply chain functions”, said InvestHK, the Hong Kong government’s investment promotion arm, in a statement on Thursday. Li Auto,...

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5 d. ago Japan’s market boom to continue despite political uncertainty: Fidelity

Japan’s stock market is expected to extend its rally if the next government continues efforts to boost economic growth and prevent the country from returning to deflation, investment managers at Fidelity International said on Thursday. The benchmark Nikkei 225 index reached a record high of 48,580.44 on October 9, surpassing the 1989 Japanese economic bubble-era peak, as political parties vied for influence ahead of a parliamentary vote next week to elect the country’s next leader. Whether the...

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7 d. ago HKEX’s new Hang Seng Biotech Index Futures to debut next month

Hong Kong Exchanges and Clearing (HKEX) plans to launch the Hang Seng Biotech Index Futures next month, as offshore investors show heightened interest in mainland Chinese biopharmaceutical stocks listed in the city. The new futures contracts platform, which is expected to commence trading on November 28, aims to offer investors a risk management tool for “one of the fastest-growing and most dynamic sectors”, the exchange operator said on Tuesday. Built on the Hang Seng Biotech Index, the...

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2 w. ago Hong Kong ombudsman flags toll management flaws at Western Harbour Crossing

Drivers have been assured of receiving clearer information over the real-time tolls at the Western Harbour Crossing following a Hong Kong government watchdog investigation, which identified shortcomings in the toll management system and inadequate staff training. In its report released on Friday, the ombudsman acknowledged that these deficiencies could cause some motorists to pay more than expected. The investigation was prompted by three complaints from drivers who said they were charged...

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2 w. ago Hong Kong ombudsman flags toll management flaws at Western Harbour Tunnel

Drivers have been assured they will receive clearer information on real-time tolls at Hong Kong’s Western Harbour Tunnel, after a watchdog’s investigation identified shortcomings in the toll management system and inadequate staff training. In a report released on Friday, the ombudsman acknowledged that these deficiencies could cause some motorists to pay more than expected. The investigation was prompted by three complaints from drivers who said they were charged higher-than-anticipated tolls...

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3 w. ago Morrisey applauds West Virginia Investment Management Board plan to divest from China

Morrisey applauds West Virginia Investment Management Board plan to divest from China  WV News

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