The US Treasury Department on Tuesday sanctioned eight individuals and two entities who it said were involved in a variety of North Korean cyber-related money-laundering schemes. The Treasury said the move was aimed at cutting off funding for North Korea’s weapons programmes. “By generating revenue for Pyongyang’s weapons development, these actors directly threaten US and global security,” John Hurley, Treasury’s …
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The U.S. Role in a Multipolar World – and the Dangers of Isolationism
OPINION — “What should the U.S. role in the world be right now? We’re waiting for the [Trump administration] National Security Strategy to come out from the White House, which should come out in the next couple of months, which will be really interesting to see what they have to say. We are in the post-post-Cold War world. You know …
Read More »Bankers expect mainland China, Hong Kong to attract more capital inflows
Mainland China, Hong Kong, Japan and India are poised to attract capital inflows from international investors seeking to diversify their portfolios with non-US-dollar assets while pursuing growth opportunities in the coming years, according to top Wall Street bankers. “China is one of the largest [and] most important economies in the world,” said David Solomon, chairman and CEO of Goldman Sachs, …
Read More »Exclusive | University of Hong Kong ‘pursuing plan’ to open Saudi Arabia campus
The University of Hong Kong (HKU) is actively pursuing plans to open a campus in Saudi Arabia, the Post has learned. Sources disclosed the university’s expansion plans months after news reports revealed it had bought a property for the creation of a campus in Spain, marking a dual push into Europe and the Middle East. “The university sees an opportunity …
Read More »Tariffs in court: Trump cites China deal to defend key trade policy
The nine justices of the US Supreme Court will soon rule on the validity of President Donald Trump’s tariffs, a showdown that could blunt what he claims is his favourite economic and diplomatic tool. The dispute centres on two lawsuits filed by seven small businesses and 12 US states, led by Oregon. The coalition, including Arizona, Colorado, Connecticut, Delaware, Illinois, …
Read More »How the U.S. Can Stay Ahead of China in Space
OPINION — Space has gone from frontier to front line. But despite this increased urgency and promises to remain first in flight, the Trump administration recently cut the Office of Space Commerce’s budget. Additionally, NASA remains without a permanent leader and is struggling to select a new lunar lander for its Artemis missions. It’s a dangerous place to be as …
Read More »Filipinos rally behind coastguard amid sea tensions, US alliance debate
Filipinos have placed higher levels of trust in the coastguard and the armed forces despite public rows between officials and pro-Duterte politicians over the country’s deepening ties with the US, according to the latest poll. Among the 1,200 people surveyed by research firm OCTA in September, 75 per cent expressed satisfaction with the Philippine coastguard’s (PCG) performance over the past …
Read More »Opinion | Hong Kong must do more to empower women in the workforce
More than 200 C-suite women senior executives, including global chief executives and chief financial officers, are gathering in the epicentre of Hong Kong’s financial district for the city’s first ever Women Chief Executives summit today. The conference is symbolic as much as it is significant. Women in this city have progressed by leaps and bounds over the past decade. A …
Read More »China is rolling back rare earth mineral restrictions, White House says | TechCrunch
The White House released more details Saturday about a trade deal reached between U.S. President Donald Trump and Chinese President Xi Jinping in a meeting earlier this week. Among other things, the White House said China will suspend the restrictions on exporting rare earth minerals that it announced in October, and it will resume issuing “general licenses valid for exports …
Read More »Ukraine strikes Russian oil depot, retaliation for power grid attacks
A Ukrainian drone attack damaged at least two foreign vessels and the oil terminal infrastructure at Russia’s key Black Sea port of Tuapse on Sunday, as Kyiv tries to undermine Russia’s war effort by targeting its energy infrastructure. For several months, Ukraine has been striking Russian oil refineries, depots and pipelines in a bid to undermine the Russian economy, and …
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