Panama Canal ports will continue to operate after court rules concession unconstitutional, president says

Panama Canal ports will continue to operate after court rules concession unconstitutional, president says

PANAMA CITY (AP) — Panama’s president moved to reassure the public on Friday that critical ports at both ends of the Panama Canal will continue to operate without interruption — a day after the country’s Supreme Court ruled that the concession held by a subsidiary of Hong Kong’s CK Hutchison Holdings is unconstitutional. The court’s … Read more

The number of mainland Chinese billionaires is growing as BYD and Mixue bosses increase their wealth

The number of mainland Chinese billionaires is growing as BYD and Mixue bosses increase their wealth

Mainland Chinese billionaires strengthened their hold as the richest in the Asia-Pacific after their combined fortunes rose to nearly $1.8 trillion, with electric vehicle (EV) maker BYD founder Wang Chuanfu and the heads of bubble tea chain Mixue among the biggest drivers of the growth, according to a UBS report. Buoyed by a booming technology … Read more

Death toll in Hong Kong apartment complex fire rises to 146 as city mourns

Death toll in Hong Kong apartment complex fire rises to 146 as city mourns

HONG KONG (AP) — The death toll from a Hong Kong apartment complex fire rose to 146 on Sunday as investigators discovered more bodies in the burned buildings. A steady stream of people laid flowers at an ever-growing makeshift memorial at the site of the disaster, one of the worst in the city’s history. The … Read more