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Hong Kong exports rebound despite Sino-US trade war

Hong Kong’s exports and imports rebounded in the first quarter of this year after a significant year-on-year decline in the same period of last year. The logistics hub saw its exports rise 11.9% to HK$1.06 trillion (US$135 billion) in the first three months of this year from a

Why China risks US sanctions arming Russia: Survival

US secretary of state Antony Blinken fired a warning salvo toward China during a G7 foreign ministers’ meeting on the Italian island of Capri on April 20. The United States’ top diplomat described China as a “prime contributor” of weapons-related technology to Russia, saying

The smart money has AI in its portfolio

Microsoft and Alphabet, the parent company of Google, have sent a resounding message to investors with their latest quarterly results: investments in artificial intelligence (AI) and cloud computing are yielding remarkable returns. The companies exceeded Wall Street estimates,

No limit to how low the yen will go

TOKYO – Who needs Las Vegas or Macau when betting on how low the yen can go is the best game anywhere? It’s not where the Bank of Japan wanted to find itself this week as it mulled interest rate policy. That Governor Kazuo Ueda’s team did nothing on Friday (April 26) was hardly

China’s money can’t pull PNG from Australia

There can be no more powerful symbol of the relationship between Australia and Papua New Guinea than the prime ministers of these neighboring countries walking together on the grueling Kokoda Track towards Isurava, high in PNG’s rugged Owen Stanley mountains. The place where

AUKUS: is there an optimal pathway?

The AUKUS nations announced their “optimal pathway” in 2023, which laid out the process and timeline for Australia to acquire nuclear-powered submarines, as depicted by the slide below. This is what is referred to as Pillar 1 of AUKUS, whereas Pillar 2 includes a host of

Listen to the popes on neoliberalism and the Global South

Just as Pope Paul VI’s controversial encyclical of 1968 – “Humanae Vitae” – foretold the demographic collapse now besetting much of the world, so his landmark “Populorum Progressio: On the Development of Peoples” has proven prophetic since its publication in 1967. It opens