Rubio says 25% US tariffs on some Brazilian goods price for Lula’s ‘ego’

The US will begin charging 25 per cent tariff on imports of certain goods from Brazil following an investigation alleging that the country engaged in unfair trade practices.

The year-long inquiry “found a number of Brazil’s practices to be unreasonable and discriminatory, restricting the competitive position of American farmers, workers, innovators, and exporters,” the Office of the US Trade Representative said in a social media post late on Wednesday night.

Imports of coffee, beef, and certain ethanol products would be exempt from the new


Rohingya refugees among over 500 feared dead after Myanmar boats capsize

The UN said the incidents highlighted the plight of Rohingya, calling for enhanced rescue and anti-trafficking efforts

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Rohingya refugees stand on their capsized boat as rescuers throw a rope to them off West Aceh, Indonesia, in 2024. Photo: AP

The UN warned on Thursday that more than 500 people were feared dead following reports of two large shipwrecks off Myanmar since late June.

The UN’s International Organization for Migration and its refugee agency UNHCR voiced alarm in a joint statement at reports “that two boats carrying more than 500


China’s imports from Africa surge after Beijing expands zero-tariff policy

Africa’s exports to China have surged since Beijing expanded its zero-tariff policy across the continent in May, as customs data showed signs of emerging trade links in a range of new sectors alongside traditional categories such as critical minerals.

China’s imports from Africa soared by 21.1 per cent and 40.2 per cent year on year in May and June, respectively – outpacing the overall growth in Chinese imports over the same period, customs data showed.

The increase was partly driven by China’


Promote Huanggang Port crossing system and improve bus parking, authorities urged

Authorities should step up promotion of the new crossing arrangements at the upgraded Huanggang Port checkpoint between Hong Kong and Shenzhen, while ensuring the site has sufficient parking for buses, a lawmaker and a transport sector veteran have said.

They issued the call a day after the government tabled the Huanggang Port Hong Kong Port Area Bill to the Legislative Council to provide the legal basis for implementing a co-location arrangement at the border crossing.

Ben Chan Han-pan, chairman of the legislature’s transport panel, said on Thursday that


Goldman Sachs backs HKEX with ‘buy rating’, citing Beijing’s policy support, AI stock boost

Beijing has doubled down on its support for Hong Kong’s stock market. Photo: Shutterstock Images

Wall Street investment bank Goldman Sachs has cast a vote of confidence in Hong Kong’s financial future by reaffirming its “buy rating” on Hong Kong Exchanges and Clearing (HKEX), as Beijing ramps up policy support to cement the city’s status as an international financial centre.

“We see multiple tailwinds to ADT [average daily turnover] and


Jia Qianqian was a literary high-flier. Then came the online claims of plagiarism

Scandals are coming thick and fast in Chinese academia, with a former child prodigy also stripped of her master’s

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The plagiarism allegations against Jia Qianqian were first raised online, which has become more common in China. Photo: Handout

Jia Qianqian, daughter of internationally acclaimed writer Jia Pingwa , has become the latest high-profile figure in Chinese academia to fall from grace after a university investigation confirmed allegations of plagiarism.

In a statement on Wednesday, Northwest University said its months-long investigation found that nine of Jia’


Beaten, abused, underfed: life inside an ICE detention facility in Texas

Detainees at a US Immigration and Customs Enforcement detention facility in Texas told two rights groups they were beaten by guards, denied medical care and prevented from contacting family and lawyers, according to a report issued on Wednesday.

The report, issued by Human ‌Rights Watch and the American Civil Liberties Union, spans dozens of pages and is based on 80 interviews HRW conducted with detainees that focused on conditions at Camp East Montana, which is located at the US Army’s Fort Bliss in El Paso.

“People detained at


Mainland China funds increase stakes in Hong Kong biotech amid surge of licensing deals

Hong Kong’s skyline is seen from The Peak on June 1. Photo: Karma Lo

A growing number of mainland Chinese institutional fund managers have built up stakes in Hong Kong-listed biotechnology stocks over the past month, drawn by attractive valuations amid a surge in cross-border licensing deals in the sector.

China’s largest mutual fund manager, E Fund Management, has taken a 7 per cent stake in gene-editing biotechnology firm Biocytogen Pharmaceuticals, buying additional 91,500 shares in the Beijing-based


‘Neither contractors nor management fulfilled responsibilities,’ Tai Po fire hearing told

An independent committee investigating Hong Kong’s deadliest fire in decades will hear concluding remarks from the government on Thursday as the final round of hearings on the tragedy continues.

The legal representative for nine residents of the fire-ravaged Wang Fuk Court housing estate in Tai Po will also deliver a concluding statement before the judge-led panel on the second last session of the three-day hearing.

Committee chairman Justice David Lok Kai-hong said the government’s closing statement was more than 400 pages long. The


Hongkongers’ new pet peeve over dogs at diners sparks calls for tougher vetting

Customers enjoy a meal with their dog in tow at Old Fung Tea House in Mong Kok. Photo: Sam Tsang
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