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The Latest Breaking News from CK Hutchison

Panama files lawsuits against owner of ports at centre of US-China struggle

Comptroller general lodged two cases in country’s supreme court after failed attempt to sell to consortium

The Guardian - US

‘We’re taking it back!’: Donald Trump’s Panama Canal dreams hit a snag as China moves in

It turns out China can step on Trump's toes easily.

We Got This Covered

CK Hutchison Eyes 'Major' Chinese Investor For Panama Ports Deal

Hong Kong conglomerate CK Hutchison said Monday it was considering inviting a Chinese "major strategic investor" to join a US-led consortium negotiating the sale of its global ports business outside China, including operations at the Panama Canal.

International Business Times

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Asian shares are mixed after Wall Street sets more records for US stocks

Stock markets in Asia are mixed after U.S. stocks rose to more records as they closed out another winning week

The Independent UK

The Australian port at the centre of a tug-of-war between Beijing and Canberra

Tussle over strategic Darwin port deepens as American company linked to Trump shows interest in taking lease from Chinese firm

The Independent UK

China Urges Antitrust Compliance in CK Hutchison's Global Ports Deal

China warns CK Hutchison and partners not to bypass antitrust review in $23 billion global ports sale to BlackRock-led group.

Latin Times

Pentagon Chief In Panama Vows To Counter China 'Threat'

US Defense Secretary Pete Hegseth said Wednesday during a visit to Panama that the United States does not seek war with China, but will counter what he called the threats it poses in the Americas.

International Business Times

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Hong Kong company denies that it failed to pay Panama under a contract to operate its canal ports

A subsidiary of a Hong Kong conglomerate, which is embroiled in U.S.-China tensions over its Panama Canal port assets has denied allegations that it had failed to pay about $1.2 billion to the Central American country

The Independent UK

Hegseth says China's military presence in western hemisphere is 'too large'

U.S. Secretary of Defense Pete Hegseth has again put China at the center of U.S. priorities in the western hemisphere, one day after calling the world power a threat to the Panama Canal

The Independent UK

US Will Not Let China Disrupt Panama Canal: Pentagon Chief

The United States will not allow China to jeopardize the operations of the Panama Canal, US Defense Secretary Pete Hegseth warned during a visit to the Central American nation on Tuesday.

International Business Times

Audit finds Hong Kong company breached Panama Canal ports contract

Report comes as US uses claims of Chinese meddling to push for control over strategic waterway.

Al Jazeera

Hong Kong Firm Did Not Uphold Panama Canal Ports Contract: Panama Audit

The Hong Kong firm in charge of two ports at either end of the Panama Canal -- which sparked US President Donald Trump's threats to seize the waterway -- has flouted the terms of its contract, according to Panamanian audit results released Monday.

International Business Times

Why is China angry about a plan to sell two ports on the Panama Canal?

Beijing’s displeasure over conglomerate’s plans highlights tightening business environment in Hong Kong.

Al Jazeera

US, China Raise The Stakes In Panama Canal Ports Row

China's fury at the sale of Panama Canal ports to a US-led consortium reflects how container hubs have become prized currency as Beijing and Washington vie for global influence, analysts say.

International Business Times

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news in one place.

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International Business Times

Chinese Regulator To Vet Panama Ports Deal: Hong Kong Media

China's market regulator said it will review Hong Kong conglomerate CK Hutchison's sale of Panama Canal ports to a US-led consortium, a Beijing-backed newspaper in Hong Kong reported on Friday.

The Conversation

Chinese anger at sale of Panama Canal ports to US investor highlights tensions between the two superpowers

When Hong Kong-listed conglomerate CK Hutchison announced it was selling its two port concessions on the Panama Canal to a US consortium led by New York-based giant BlackRock, the Chinese government issued a strongly worded rebuke.

International Business Times

Hong Kong's Embattled CK Hutchison Says Profits Down In 2024

Embattled Hong Kong conglomerate CK Hutchison Holdings, caught in a US-China spat over control of the Panama Canal, said on Thursday that profits fell 27 percent in 2024.

The Independent UK

Hong Kong's richest man, Li Ka-shing, is in hot water over his company's Panama Ports deal

Hong Kong tycoon Li Ka-shing’s business empire is in the crosshairs after CK Hutchison Holdings chose to sell its Panama Canal port assets to a consortium that includes U.S. investment firm BlackRock Inc., apparently angering Beijing

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Latin Times

China Casts Doubt Over Panama Port Deal With U.S. Company As Trump Vows To 'Reclaim' Canal

Chinese authorities are investigating the sale of CK Hutchinson Holding's port businesses after the company's decision to sell the operation of Panama ports to BlackRock

International Business Times

Hong Kong Leader Says Concerns Over Panama Ports Deal Warrant 'Attention'

Hong Kong leader John Lee on Tuesday said criticism of city conglomerate CK Hutchison's sale of its Panama Canal ports deserved "serious attention", after Beijing authorities repeatedly slammed the deal.

The Guardian - UK

China criticises Hong Kong firm’s sale of majority stake in Panama ports

Commentary urged CK Hutchison to ‘think twice’ about ‘what position and side they are on’ in sale to US investors

Fortune

Beijing criticizes CK Hutchison’s $23 billion Panama Canal deal by reposting commentary that slams it as ‘an act of submission’

CK Hutchison dropped by over 6% in Hong Kong trading on Friday, even as the city's benchmark Hang Seng Index rose by over 2%.

International Business Times UK

US Moves Closer to Controlling Panama Canal as BlackRock-Led Deal Buys Chinese-Held Ports

The US moves closer to regaining influence over the Panama Canal as a BlackRock-led deal secures Chinese-held ports, sparking geopolitical tensions.

Fortune

Trump touts TSMC, natural gas, and Panama Canal deals to Congress in a premature victory lap

Trump pointed to three deals he claimed were proof of how his officials were bringing jobs back to the U.S., opening up new markets, and ensuring U.S. security.

Latin Times

Hong Kong Company Sells Panama Ports To BlackRock Following Trump's Threats To Take Over Canal

Hong Kong-based CK Hutchison sold control of a unit that operates ports near the Panama Canal to BlackRock as Trump alleges the canal is controlled by China

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