Gold prices have “explosive” upside potential, according to analysts, boding well for Hong Kong’s ambitions as a trading hub as Asian central banks continue to have a voracious appetite for stockpiling bullion.
Supporting the outlook, Beijing – which has added to its gold reserve for 20 straight months – wants to better connect the Shanghai Gold Exchange to Hong Kong, and the South Korean central bank plans to buy gold for the first time in 13 years.
“Gold remains in an explosive phase of the price process
Iran will seek to bar US and Israeli ships from the Strait of Hormuz and require compensation from hostile countries before they are allowed to use it, according to local media reports on a proposed Iran-Oman deal to manage the crucial waterway.
The agreement has become key to expectations for a reopening of Hormuz and a resumption of energy flows that have been throttled since the US and Israel attacked Iran in February.
The text is now under review in Iran’s parliament, the semi-official Fars news agency said. Fars
A US woman from the Atlanta area is alleging that she was wrongly diagnosed with cancer and underwent an unneeded hysterectomy because of a labelling error.
Cassandra Barksdale and her lawyers filed a lawsuit on Tuesday against Kaiser Permanente alleging the mix-up led to the surgery and months of physical and emotional pain.
According to the lawsuit, another patient’s tissue sample was mistakenly labelled as belonging to Barksdale, who at age 43 then underwent a full hysterectomy on May 15, 2025, and was told she
The United States has announced new tariffs and price floors on polysilicon and related products, targeting China’s dominance in key materials used in solar panels and semiconductor manufacturing.
In a proclamation signed on Thursday, US President Donald Trump imposed a 15 per cent tariff, which will take effect after 120 days, and established a series of price floors to protect domestic manufacturers and curb imports of China-sourced materials.
“We’re setting prices so that the Chinese can’t dump any more, and we
US president makes narrower second attempt to restrict automatic citizenship after Supreme Court rejected his original policy
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US President Donald Trump signed two executive orders on Thursday seeking to narrow birthright citizenship and intensify a crackdown on “birth tourism”, making a new attempt to restrict automatic citizenship after his original policy was rejected by the Supreme Court
Chris Tang Ping-keung is Hong Kong’s Secretary for Security.
Washington says Trump raised the issue with Xi as the FBI expands cooperation with Chinese police on cyberfraud
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US President Donald Trump has personally pressed Chinese President Xi Jinping over transnational criminal organisations involved in Southeast Asia’s sprawling online scam industry, a senior State Department official said on Thursday.
Michael DeSombre, assistant secretary of state for East Asian and Pacific
Long-time Republican US Senator Mitch McConnell said he was released from a rehabilitation centre on Thursday and would continue his recovery from a fall and from pneumonia at home.
“On the advice of my doctors, I’ll maintain an intensive regimen of physical therapy from home during the state work period, and I’ll continue to engage with my staff and colleagues on important Senate business,” he said in a statement.
The 84-year-old Kentucky lawmaker and former Senate
The controversial academic also faces scrutiny over claims about his athletic feats, such as running 30 marathons in 35 days
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A British sociologist who became famous as the youngest black professor ever at the University of Cambridge has resigned after the university opened an investigation into “new information” about his academic qualifications.
Professor Jason Arday, who was 3
The Argentine central bank and the People’s Bank of China (PBOC) signed the extension of the 130 billion yuan line on Wednesday, a day before the existing deal was due to expire. The new term runs to 2031, two years longer than any previous renewal since the two countries first signed it in 2009.
The decision ends months of speculation over whether President Javier Milei, who campaigned on a vow never to do business with communists and is now widely seen as US