Hong Kong aims to cut spending by slashing 10,000 civil service jobs in an effort to rein in a rising deficit, and plans a big AI push as it navigates headwinds from global economic uncertainty, geopolitical tensions and a weak property market.
China's government said on Wednesday that Taiwan was "manipulating" possible Chinese involvement in the latest severing of an undersea communications cable, saying the island was casting aspersions before the facts were clear.
The Asian financial hub will reduce salaries tax and businesses’ profit tax by 100%, subject to a ceiling of 1,500 Hong Kong dollars, said Hong Kong Financial Secretary Paul Chan.
Prime Minister of the Cook Islands Mark Brown speaks during the Sustainable Development Goals (SDG) Summit at United Nations headquarters in New York City, New York, U.S., September 18, 2023. REUTERS/Caitlin Ochs (Reuters) - Cook Islands Prime Minister Mark Brown survived on Wednesday a vote of no confidence in parliament brought by the opposition over deals he struck with China that strained relations with New Zealand.
When Shanghai-based designer Guo Qingshan posted a vacation photo on Valentine’s Day and captioned it “Puppy Mountain,” it became a sensation in China and even created a tourist destination.
Two major Wall Street indexes saw their fourth straight decline on Tuesday, as Treasury yields and the dollar retreated on signs of softening U.S. growth and uncertainty over Trump administration policies.
U.N. Security Council sanctions ban the use of North Korean labor, over concerns remittances fuel Kim Jong Un's nuclear and missile programs.
President Donald Trump’s rapprochement with Russia has some experts suggesting he might be trying to do a “reverse Nixon” and isolate Beijing by courting Moscow.
Donald Trump’s administration is sketching out tougher versions of US semiconductor curbs and pressuring key allies to escalate their restrictions on China’s chip industry, an early indication the new US president plans to expand efforts that began under Joe Biden to limit Beijing’s technological prowess.