The controller general of Panama said CK Hutchison, a Hong Kong conglomerate, did not properly renew its license to operate two ports that are part of a $19 billion deal involving BlackRock.
Category: Hong Kong
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Trump’s De Minimis Order Could Raise Costs on Clothes and Goods From China
The loophole has allowed retailers to send goods from China directly to U.S. shoppers without paying tariffs. Closing it could raise consumer prices.
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NewJeans Had Planned a Rebirth. The Performance Ended in Tears.
K-pop’s most imaginative group has been battling its powerhouse label. Our critic watched as its first concert in months was upended by a court ruling.
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Trump and China Clash Over Panama Canal in Test of Hong Kong’s Status
Beijing’s threat to stop a tycoon’s sale of his ports business has dealmakers wondering if they can still operate without political interference.
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Hong Kong Adds to China’s Growing Criticism of Panama Canal Deal
The city’s chief executive said a deal between the Hong Kong conglomerate CK Hutchison and BlackRock, a major American investment firm, requires “serious attention.”
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Lee Shau-Kee, Hong Kong Real Estate Tycoon, Dies at 97
Sometimes called the Warren Buffett of Hong Kong, he made his billions initially building apartments for middle-class descendants of refugees from mainland China.
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China Condemns CK Hutchison-BlackRock Panama Canal Deal
The Hong Kong conglomerate CK Hutchison’s planned sale of ports in Panama to a group led by BlackRock, the American finance giant, is under fire from Beijing.
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Stocks Fall Further on Trump’s Latest Tariff Talk
The S&P 500 is nearly 10 percent below its mid-February record — approaching a symbolic milestone known on Wall Street as a correction.
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Asian Markets Slide as Global Sell-Off Continues
Markets in Japan, South Korea and Taiwan were down about 2 percent on Tuesday morning, after the S&P 500 had its worst day of the year.
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BlackRock Will Buy Panama Canal Ports from CK Hutchison
An investor group led by BlackRock will acquire two ports near the Panama Canal that are owned by CK Hutchison and have been the subject of a dispute between President Trump and Panama.
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Khalil Fong, Hong Kong Singer-Songwriter, Dies at 41
Singing in both Mandarin and English, he brought a soul and R&B sensibility to Chinese pop.
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Trump, the Panama Canal and China’s Role: What We Know
The canal’s two biggest ports are operated by a Hong Kong company with global reach. The Trump administration sees a Chinese threat to U.S. security.