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US President Donald Trump’s visit to Beijing, at a time of rising tensions over Iran, sanctions, tariffs and Taiwan, shows how far the Hormuz crisis has travelled beyond the battlefield. What began as a regional war is now touching energy markets, currency politics and the balance of influence between Washington and Beijing. The US is trying to keep Gulf and Asian partners anchored to the US dollar system, while China continues to push for wider use of the renminbi in trade transactions. Whether...
The US has charged seven Chinese executives and four of the world’s largest shipping container companies with conspiring to restrict supply, raising the price of containers during the Covid-19 pandemic, Department of Justice officials said on Tuesday. The companies together manufacture about 95 per cent of the world’s standard dry shipping containers and conspired to restrict output and fix prices between November 2019 and January 2024, the DOJ said. Prosecutors allege the scheme resulted...
The US government will permanently drop tax claims against President Donald Trump, according to a settlement document that is part of a deal to resolve Trump’s US$10 billion lawsuit against the Internal Revenue Service over the leak of his tax returns. As part of the settlement agreement, the US is “forever barred and precluded” from examining or prosecuting Trump, his sons and the Trump Organisation’s current tax issues, according to a one-page document posted to the Justice Department’s...
The United States is expected to unseal criminal charges against former Cuban leader Raul Castro on Wednesday in a move that could further deepen tensions between Washington and Havana and inject new strain into an already volatile regional relationship. Multiple US media outlets, citing US Justice Department sources, have reported that federal prosecutors in Miami are preparing an indictment tied to Cuba’s 1996 shooting down of two civilian aircraft operated by the Miami-based exile group...
US President Donald Trump endorsed Texas Attorney General Ken Paxton in the state’s Republican Senate primary shortly after early voting began in an increasingly personal and expensive run-off against incumbent Senator John Cornyn. “Ken Paxton has my Complete and Total Endorsement to be the next United States Senator from the Great State of Texas – KEN PAXTON WILL NEVER LET YOU DOWN!,” Trump said in a social media post on Tuesday. The timing of the move came as a shock, with early voting already...
A top commander of US forces in the Middle East avoided taking responsibility on Tuesday for an attack on a school in Iran that left 155 people dead on day one of the war, insisting a “complex” probe continues. Admiral Brad Cooper, the commander of US Central Command (CENTCOM), told a congressional oversight panel that “the school itself is located on an active IRGC cruise missile base”, making the investigation “more complex than the average strike”. IRGC stands for Iran’s Islamic Revolutionary...
Norwegian authorities on Tuesday announced that bird flu has been documented in a polar bear for the first time in Europe, in the Svalbard region in the Arctic. The H5N5 variant of the virus was detected in samples taken from a male bear about one year old and a walrus found dead in mid-May on the icy archipelago, around 1,000km (600 miles) from the North Pole, the Norwegian Veterinary Institute said. “The results are part of a trend in which highly pathogenic avian influenza viruses are...
Smoking will be banned at construction sites in Hong Kong from July 17 under a government proposal sent to the legislature following the deadly blaze at Tai Po’s Wang Fuk Court last November. The government introduced three amendments to existing ordinances to improve fire safety at the sites on Tuesday. “Since the tragic fire which occurred in Tai Po in November 2025, there has been strong community consensus for implementing a comprehensive smoking ban in construction sites to reduce fire risk...
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