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41d06/02

US proposes 25% tariff to punish Brazil over trade practices

The Trump administration has proposed a new punitive tariff of 25 per cent on many imports from Brazil, after deciding its practices were unfair on a range of issues from digital trade to illegal deforestation, top trade official Jamieson Greer said late on Monday. The measures, under the Section 301 trade statute, cover areas such as electronic payment services, preferential tariffs, intellectual property protection and ethanol market access as well, the Office of the United States Trade...

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41d06/02

China-Cuba ‘US security threat’, Brazil’s rare earths: Latin America relations reads

We have selected seven of the most interesting and important news stories covering Latin American relations from the past few weeks. If you would like to see more of our reporting, please consider subscribing. 1. US casts Cuba as China-linked security threat while still pushing for talks One day after the United States brought criminal charges against former Cuban leader Raul Castro over the 1996 shooting down of two civilian aircraft, President Donald Trump and Secretary of State Marco Rubio...

◇ unclassifiedchina · asia · usa
41d06/02

China’s Tiger Brokers reports strong results, with no mention of trading crackdown

Tiger Brokers reported a 17.5 per cent year-on-year jump in first-quarter operating profit in an announcement on Tuesday, without any mention of the looming punishment from China’s securities regulator over alleged unlicensed cross-border trading services. Tiger Brokers said its operating profit rose to US$47.6 million in the three months ended March 31, while revenue climbed 26.3 per cent from a year earlier to US$154.9 million. The growth was driven by a 536 per cent surge in Hong Kong trading

◇ unclassifiedchina · asia · usa
41d06/02⚠ war-conflict · 3/5

South Korea and Japan eye military logistics pact. Should China be wary?

If South Korea and Japan sign a military logistics support agreement, their ties with the US would deepen as they act in concert to deter China and North Korea, analysts said. However, they noted that several “hurdles” must be cleared before the deal could be sealed, including domestic opposition in South Korea to expanding security ties with Japan due to concerns it could sour relations with China, as well as unease stemming from Tokyo’s wartime history. During the Shangri-La Dialogue in...

◇ unclassifiedchina · asia · usa
41d06/02⚠ war-conflict · 2/5

The next tech war? Why biotech may become a new US-China battleground

The wide-ranging geopolitical rivalry between Beijing and Washington could soon expand into biotechnology, raising the prospect of fresh tensions even as American pharmaceutical firms have turned to China’s fast-growing industry for new drug candidates. Biotech in the world’s second-largest economy has long been viewed as a predominantly low-cost manufacturing base with opportunities arising from its vast domestic market. But years of sustained investment, cost advantages and faster development.

◇ unclassifiedchina · asia · usa
41d06/02

Hong Kong pair convicted of murder and HK$3.6 million ransom blackmail plot

Two Hongkongers have been found guilty of murdering a man after a financial dispute and then blackmailing his wife for a HK$3.6 million (US$459,331) ransom for his “release” even though he was already dead. A High Court jury on Tuesday also found that the defendants – Chan Wah-hing, 67, and Chan Yiu-lung, 33 – disposed of the victim’s body in grass near Ping Yeung Village before sealing the site with cement in September 2022. The village is in Ta Kwu Ling in the city’s North district, where both

◇ unclassifiedchina · asia · europe
41d06/02

Protests over US Ebola centre in Kenya kill 2, court keeps block on site

A Kenyan court blocked on Tuesday for another three weeks a proposed US Ebola quarantine facility that has triggered protests killing two people and ordered the government to disclose its agreement with Washington. The proposed 50-bed unit on an air force base in central Kenya for Americans exposed to the virus in Democratic Republic of Congo or Uganda ‌has angered many Kenyans. They accuse the US of offloading the health risk of caring for patients. A Kenyan court last week temporarily...

◇ unclassifiedchina · asia · usa
41d06/02

‘Terrified!’: Chinese man spends US$28 to look like Jensen Huang, garners large following

A young man in rural China has gained tens of thousands of online followers in two weeks by impersonating Nvidia CEO Jensen Huang. Yang Yang, 28, who lives in a village in Dandong in northeastern Liaoning province, has gone viral on social media for his videos showing him imitating the artificial intelligence (AI) titan. He released the clips using an account called @huangyinxun, which is how Huang’s Chinese name is pronounced in the northeastern China dialect. Yang has shared over 20 clips...

◇ unclassifiedchina · asia · usa
41d06/02

Hong Kong retail sales rise 8.6% in April on back of higher visitor arrivals

Hong Kong’s retail sales rose by 8.6 per cent year on year in April, extending the sector’s recovery for a 12th consecutive month, supported by continued growth in visitor arrivals and holiday spending. Provisional figures released by the Census and Statistics Department on Tuesday showed retail sales reached HK$31.4 billion (US$4 billion) in April, compared with HK$28.9 billion a year earlier. Retail sales for the first four months of 2026 rose 11.3 per cent from the same period last year. A...

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42d06/02⚠ war-conflict · 2/5

US general’s ‘dagger’ remark tests South Korea’s China balancing act

A top US general’s description of South Korea as a “dagger in the heart of Asia” aimed at China has laid bare the differences in how Washington and Seoul view their alliance and Beijing. US Forces Korea commander General Xavier Brunson made the blunt remark in a podcast interview hosted by the US Army War College on May 22, drawing a backlash both from Beijing and from Seoul itself. South Korea’s presidential office said on Saturday that it was “aware” of Brunson’s remarks and that close...

◇ unclassifiedchina · asia · usa
42d06/02

Denmark’s prime minister secures third term after marathon talks

Denmark’s Social Democratic leader ⁠Mette Frederiksen said on Monday ⁠she has agreed to form a centre-left coalition government, maintaining her grip on power amid a crisis in ties with US President Donald Trump over the future of Greenland. The deal to form a minority cabinet gives Frederiksen a third ‌consecutive term as prime minister, ending months of uncertainty after a March election in which 12 parties won seats in the Danish parliament. “I have been to see His Majesty the King and...

◇ unclassifiedchina · asia · usa
42d06/02⚠ war-conflict · 1/5

Oil just surged after CENTCOM struck Iran, is anyone actually positioned for this or did everyone get washed out on the dip?

Vance's comments on May 28 fueled optimism around a potential US-Iran deal, helping push oil lower as traders priced in de-escalation and a possible reopening of Hormuz. But renewed military action and uncertainty around negotiations have since reversed part of that move. Brent is back around $95 and WTI near $92 after a sharp rebound from last week's lows. The market keeps swinging between "deal incoming" and "conflict escalating" narratives, and that uncertainty is now driving oil more than fu

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