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The Latest Breaking News from Li Kashing

Hong Kong firm begins arbitration proceedings over ruling against its Panama Canal port contract

Hong Kong’s CK Hutchison Holdings says its subsidiary started arbitration proceedings against Panama after that country’s Supreme Court ruled a concession for the subsidiary to operate Panama Canal ports was unconstitutional

The Independent UK

Top 10 world billionaires by country 2026: From Elon Musk in the United States to Mukesh Ambani in India

Billionaires around the world always have a different story of wealth as business scenarios change with time. There are more than 2600 billionaires globally, out of which over a third of billionaires live in the United States, followed by China ranking at number two globally. The number of billionaires has…

The Times of India

Panama court voids CK Hutchison port contracts: Why it's a win for Trump, setback for Xi

Panama's Supreme Court has voided a major Panama Canal ports contract held by a Chinese-linked firm, a significant win for the 'Donroe Doctrine'. This ruling aligns with US efforts to curb Chinese influence over strategic trade routes, complicating Beijing's global commercial footprint and reinforcing US leverage. The decision stems from…

The Times of India

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Hong Kong's CK Hutchison seeks Chinese investor to join Panama Ports deal

A Hong Kong conglomerate that’s selling ports at the Panama Canal says it may seek a Chinese investor to join a consortium of buyers

The Independent UK

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

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.

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.

International Business Times

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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

The Independent UK

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.

International Business 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

Latin Times

Panama Lawsuit Requests Axing Hong Kong Firm's Canal Concession

Panama Ports Company -- a CK Hutchison Holdings subsidiary -- currently manages the ports of Cristobal on the canal's Atlantic side and Balboa on the Pacific side.

Latin Times

CK Hutchison: The Hong Kong Firm Behind Panama Port Operators

A sprawling business empire built by Hong Kong billionaire Li Ka-shing is caught in the crossfire as the extent of Chinese influence over the Panama Canal is debated.

International Business Times

Three’s £2bn dividend payout sparks row over Vodafone merger

Unite union says payout shows Three is highly profitable, and proposed merger is ‘clear attack on consumers’

The Guardian - UK

‘You’ll have to talk to the UK staff’: can global water investors be held to account?

Will Malaysia’s YTL, US-based BlackRock and Hong Kong’s CK Hutchison Holdings answer questions about environmental damage?

The Guardian - UK

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Benzinga

Lifted by Southeast Asia Growth, Insurer FWD Seeks IPO Safe Landing

Key Takeaways: FWD has switched its focus from opportunities in China to the growth potential in Southeast Asia as its main IPO selling point for investors

Reuters

YouTube blocks account of Hong Kong's sole leadership candidate

YouTube blocked the account of Hong Kong's sole leadership candidate John Lee on Wednesday as part of U.S. sanctions against the city's former No. 2 official who said the move will not affect his bid to lead the financial hub for the next five years.

Reuters

Hong Kong's elite join leadership candidate's campaign as Beijing watches

Hong Kong's sole leadership candidate John Lee has picked nearly 150 heavyweights, including the city's richest man Li Ka-shing and other powerful businessmen and politicians, to join his advisory teams to show broad support for his bid.

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