People are leaving Hong Kong and here’s where they’re going

They stuck it out during the political protests of 2019. Then they lasted through nearly two years of pandemic. But this year, they say they’ve had enough. Residents of Hong Kong are leaving the city in droves in 2022 – not because they want to, several told CNBC, but because Covid restrictions and what they … Read more

China wants 10 Pacific nations to sign on to ‘game-changing’ agreement

The Red Falcon Air Demonstration Team of the People’s Liberation Army Air Force performs over a Chinese national flag on September 30, 2021 in China. China wants 10 small Pacific nations to endorse a sweeping agreement covering everything from security to fisheries in what one leader warns is a “game-changing” bid by Beijing to wrest … Read more

UK slaps windfall tax on oil and gas giants over rising energy bills

Sunak had previously rejected the idea of ​​a windfall tax, saying that while it sounded “superficially appealing” it would ultimately deter investment. Leon Neal | Getty Images News | Getty Images LONDON – UK Finance Minister Rishi Sunak has imposed a windfall tax on oil and gas majors as the government scrambles to alleviate the … Read more

What is the Indo-Pacific framework, who’s in it, why it matters

US President Joe Biden formally introduced the Indo-Pacific Economic Framework, or IPEF, this week during his first Asia tour, revealing Washington’s long-awaited Asia-Pacific economic strategy. It comes five years after the US unilaterally withdrew from the Trans-Pacific Partnership, a trade deal signed by 12 countries in Asia-Pacific, North America and South America. With the US … Read more

Latest news on Russia and the war in Ukraine

Malawi is feeling the impact of the war in Ukraine, says president Malawi’s President Lazarus Chakwera said the rising prices of food, fuel and fertilizers – largely brought on by the war in Ukraine – is having an impact on the African economy. “We should still work together to find solutions” to end the war, … Read more

Australia’s election was all about climate change. Here’s what it means for businesses

Australian Prime Minister Anthony Albanese speaks during a press conference at Parliament House on May 23, 2022 in Australia. David Gray | Getty Images News | Getty Images Australian businesses and their investors globally will be keeping a close watch on the newly elected government’s climate change policies. Analysts say the Labor government under Prime … Read more

Australia’s election was all about climate change. Here’s what it means for businesses

Australian Prime Minister Anthony Albanese speaks during a press conference at Parliament House on May 23, 2022 in Australia. David Gray | Getty Images News | Getty Images Australian businesses and their investors globally will be keeping a close watch on the newly elected government’s climate change policies. Analysts say the Labor government under Prime … Read more

In Asia, economy and security cannot be separated

Australian Prime Minister Anthony Albanese, US President Joe Biden, Indian Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida arrive for the Quad Leaders’ Summit in Tokyo on May 24. Saul Loeb | Afp | Getty Images TOKYO – Security deals are important, but in Asia, money talks. Australia, India, Japan and the United … Read more

In Asia, economy and security cannot be separated

Australian Prime Minister Anthony Albanese, US President Joe Biden, Indian Prime Minister Narendra Modi and Japanese Prime Minister Fumio Kishida arrive for the Quad Leaders’ Summit in Tokyo on May 24. Saul Loeb | Afp | Getty Images TOKYO – Security deals are important, but in Asia, money talks. Australia, India, Japan and the United … Read more

Why Turkey doesn’t want Sweden, Finland to join NATO

When Finland and Sweden announced their interest in joining NATO, the two Nordic states were expected to be swiftly accepted as members of the defense alliance. But joining NATO requires consensus approval from all existing members, and Turkey – one of the group’s most strategically important and militarily powerful members – is not happy. The … Read more