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Hong Kong’s banking sector began a new chapter on Thursday as Hang Seng Bank shareholders approved HSBC Holdings’ bid to take the lender private in a deal worth nearly US$14 billion. The proposal, under which HSBC offered shareholders HK$155 a share – 30 per cent higher than Hang Seng Bank’s HK$119 closing price on the…
Chintai, a blockchain provider and trading platform regulated by the Monetary Authority of Singapore, and Indonesia’s Maluku Archipelago Joint Venture (MAJV) announced on January 6 an agreement to tokenize development rights spanning a 60-year period and covering some 710,000 square kilometers in the Indonesian provinces of Maluku and North Maluku. The geographical scope and value…
The US captured two oil tankers on the high seas as a senior US official said on Wednesday that Washington expects to take control of future Venezuelan oil sales indefinitely and use the proceeds to help America and rebuild the nation’s beleaguered economy. The seizure of the vessels, including one after a two-week chase, comes…
Warner Bros Discovery’s board has unanimously turned down Paramount Skydance’s (PSKY) latest attempt to acquire the studio, saying its revised US$108.4 billion hostile bid amounted to a risky leveraged buyout that investors should reject. In a letter to shareholders on Wednesday, Warner Bros’ board said Paramount’s offer hinges on “an extraordinary amount of debt financing”…
As the new year unfolds, China finds itself grappling with strategic pressures fuelled by two US treaty allies at its doorstep – Japan and South Korea. In the second of a two-part series, Seong Hyeon Choi looks at how competing pressures in the Korean peninsula may complicate China’s security calculus. Read the first part here….
At the recent South Korea-China summit, both sides agreed to improve dialogue, rebuild trust and promote regional peace and stability, marking a first step towards a normalisation of relations. While the Beijing meeting produced no concrete agreement for peace on the Korean peninsula, it reaffirmed the peninsula’s stability and peace as a common interest –…
The high-profile private lawyer for Nick Reiner was granted a request to be removed from his case Wednesday, but later told reporters that according to California law his client is not guilty of murder in the killing of his parents, Rob Reiner and Michele Singer Reiner. “Circumstances beyond our control and more importantly circumstances beyond…
US President Donald Trump is considering making an offer to buy Greenland, the White House said on Wednesday, despite the island’s people and controlling power Denmark making clear they are not interested. Trump has repeatedly refused to rule out force to seize the strategic Arctic island, prompting shock and anger from Denmark and other long-standing…
Dated November 2025 and released publicly in early December, theUS National Security Strategylinks overseas trade and investment – but overlooks Central Asia as a target region for critical minerals. This oversight merits reconsideration in the NSS’s next iteration, given the region’s known natural resource base, openness to foreign investment, proficiency in mining operations, low processing…
The White House on Wednesday stopped short of denying reports that the United States has urged Venezuela to cut ties with adversaries such as China, Russia and Iran, but emphasised Washington’s determination to maintain “American dominance” in the western hemisphere and all decisions made by Caracas will be “dictated” by the US. During a media…
