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Asian markets extend global retreat as tech worries build
Hong Kong (AFP) Feb 6, 2026 Asian equities sank again on Friday as a tech rout that battered Wall Street for the third day in a row showed no sign of letting up amid growing unease about the hundreds of billions splashed out on artificial intelligence. The selling continued to be felt across assets, with silver taking another beating and bitcoin wiping out all the gains built up since Donald Trump's US election win. January's bristling rally has given way to caution this month as traders grow concerned about stretched valu ... read more |
Equities and precious metals rebound after Asia-wide routHong Kong (AFP) Feb 3, 2026 Stocks rallied and precious metals rebounded as some stability returned to markets on Tuesday after US-Iran diplomacy, a Fed chief nominee, and a partial shutdown in Washington brought volatility to trading floors. ... more
Chinese cash in jewellery at automated gold recyclers as prices soarShanghai (AFP) Feb 1, 2026 Dozens of people crowded around an automated gold recycling machine at a Shanghai mall, hoping to melt down family heirlooms for cash as prices of the precious metal hit record highs. ... more
Maersk to take over Panama Canal port operations from HK firmPanama City (AFP) Jan 31, 2026 Danish firm Maersk will temporarily take over operation of two ports on the Panama Canal from Hong Kong company CK Hutchison, whose concession has been annulled, the Panama Maritime Authority (AMP) said Friday. ... more
Britain's Starmer seeks to bolster China ties despite Trump warningShanghai (AFP) Jan 30, 2026 Visiting Prime Minister Keir Starmer said on Friday Britain has a "huge amount to offer" China, after his bid to forge closer ties prompted warnings from US President Donald Trump. ... more |
How Lego got swept up in US-Mexico trade frictionsMexico City (AFP) Jan 31, 2026 Manufacturing a Barbie or a Lego brick requires large quantities of plastic, much of which comes from China, the world's largest producer of the material. ... more
Elephants and football diplomacy on Starmer's 'historic' China tripShanghai (AFP) Jan 31, 2026 British Prime Minister Keir Starmer concludes an official visit to China on Saturday - a four-day tour of Beijing and Shanghai that he described as "historic". ... more
Trump says 'very dangerous' for UK to deal with ChinaWashington, United States (AFP) Jan 30, 2026 US President Donald Trump said Thursday it was "very dangerous" for close ally Britain to deal with China, as UK Prime Minister Keir Starmer visits Beijing for talks with Chinese leader Xi Jinping. ... more
Strong exports lift Hong Kong's 2025 growth above estimatesHong Kong (AFP) Jan 30, 2026 Hong Kong's economy expanded 3.5 percent on-year in 2025, according to preliminary government figures released on Friday, beating estimates and marking an acceleration on the third consecutive year of expansion. ... more
'Superman' Li Ka-shing, Hong Kong billionaire behind Panama ports dealHong Kong (AFP) Jan 30, 2026 Hong Kong tycoon Li Ka-shing and his conglomerate CK Hutchison have been tied up in global US-China rivalry since announcing a controversial $19 billion sale of strategic ports in Panama last year. ... more |
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Asian stocks hit by fresh tech fears as gold retreats from peakHong Kong (AFP) Jan 30, 2026 Asian stocks took a hit on Friday amid fresh worries over vast investments in artificial intelligence, gold and silver tumbled after hitting multiple record highs, and oil retreated on hopes for an easing of US-Iran tensions. ... more
Panama court annuls Hong Kong firm's canal port concessionPanama City (AFP) Jan 30, 2026 Panama's Supreme Court annulled on Thursday the concession allowing Hong Kong-based CK Hutchison to operate ports at the Panama Canal, a year after US President Donald Trump threatened to seize the crucial passageway claiming China controlled it. ... more
Starmer, Xi stress need for stronger UK-China ties to face global headwindsBeijing (AFP) Jan 29, 2026 Britain's Prime Minister Keir Starmer and Chinese leader Xi Jinping stressed the need for closer relations between their countries in order to face geopolitical headwinds, as the two met in Beijing on Thursday. ... more
Hongkongers snap up silver as gold becomes 'too expensive'Hong Kong (AFP) Jan 29, 2026 Hong Kong residents hoping to cash in on a precious metals rally are buying up bars of silver as an alternative to gold that they say has become "too expensive" after reaching record highs. ... more
Gold soars towards $5,600 as Trump rattles sabre over IranHong Kong (AFP) Jan 29, 2026 Gold prices soared to a fresh record near $5,600 Thursday, while oil rallied after Donald Trump ramped up geopolitical tensions with his threatened military strike on Iran. ... more |
UK drugs giant AstraZeneca announces $15 bn investment in China
Beijing (AFP) Jan 29, 2026 British pharmaceutical group AstraZeneca said Thursday that it would invest $15 billion in China through 2030 to expand its medicines manufacturing and research, during a trip by UK Prime Minister Keir Starmer to Beijing. AstraZeneca's chief executive Pascal Soriot was part of a delegation of business leaders accompanying Starmer on his visit. "China... has become a critical contributor to scientific innovation, advanced manufacturing, and global public health," Soriot said in a statement. ... read more
WTO faults US in dispute brought by China over clean energy subsidiesGeneva (AFP) Jan 30, 2026 The World Trade Organization has faulted the United States in a dispute brought by China over US green energy subsidies, in a ruling slammed by Washington on Friday as "absurd". ... more |
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