Browsing Tag

Kong

Panama court cancels Hong Kong company’s port concession deals

Panama’s Supreme Court has annulled the concession framework underpinning Panama Ports Company’s long-running contracts at the Panama Canal’s Atlantic and Pacific gateways, casting immediate uncertainty over who will control the Balboa and Cristóbal container terminals and complicating CK Hutchison’s proposed $23 billion sale of its global ports business to a consortium led by BlackRock and Mediterranean Shipping Company. In a ruling issued after what it called “extensive deliberation,” the court found the laws and state…

Hong Kong court convicts Jimmy Lai on national security charges

HONG KONG — Pro-democracy media tycoon Jimmy Lai was found guilty Monday on two counts of foreign collusion and one count of seditious publication, a landmark verdict under Hong Kong’s national security law that could send the 78-year-old founder of the shuttered Apple Daily newspaper to prison for life. Lai, who has been jailed since 2020, listened impassively with folded arms as a panel of national security judges delivered the verdict in one of the Chinese territory’s most closely watched trials since Beijing imposed the…

94 dead in Hong Kong blaze as police accuse construction firm of gross negligence

HONG KONG — The death toll from a massive blaze at the Wang Fuk Court housing complex has risen to at least 94, authorities said Tuesday, as firefighters and rescue teams scoured burned high-rises for scores of people still listed as missing in the city’s worst fire in nearly 80 years. The fire, which broke out more than 24 hours earlier in the eight-building Tai Po estate, was largely brought under control but not completely extinguished, with occasional sparks and thick smoke still emerging from the charred blocks. Fire…

Super typhoon forces Hong Kong to close schools and businesses

Hong Kong hunkers down as Super Typhoon Ragasa, 2025’s most powerful storm, barrels toward China coast Hong Kong shut schools, emptied offices and saw frantic supermarket runs on Wednesday as authorities sounded a high-end typhoon alert for Ragasa, the strongest tropical cyclone recorded so far this year. The observatory raised the signal to No. 8 — a warning that typically closes shops and halts much public transport — warning of hurricane-force winds offshore, heavy rain and potentially dangerous storm surge as the storm…