CE Protests Tariff Plan
Chief Executive Carrie Lam has written to US Secretary of Commerce Wilbur Ross to protest the US plan to introduce tariffs on Hong Kong aluminium imports.
Speaking at the Chief Executive's Question Time session at the Legislative Council today, she said although Hong Kong is reluctant to take retaliatory measures given its small export-oriented economy, the Government is against the tariff plan.
Mrs Lam added the Government will monitor developments and has done an initial assessment on the impact of trade disputes between the Mainland and the US on Hong Kong.
As a World Trade Organization member, Hong Kong will stand firm against acts of protectionism and unilateralism, she added.
US Stocks Rise On Hopes Of Pause In Rate Increases
Wall Street stocks finished solidly higher on Thursday, reflecting better sentiment on the US economy and a consensus vi... Read more
China's Financial Risks 'controllable': Regulators
The head of the National Financial Regulatory Administration on Thursday told a high-profile forum in Shanghai that the ... Read more
Banks Cut Yuan Deposit Rates, Could Boost Consumption
China's biggest banks on Thursday said they have lowered interest rates on yuan deposits, in actions that could ease pre... Read more
Cheese And Wine Put EU, Australia Deal In Peril
Australia on Thursday threatened to walk away from a blockbuster free trade deal with the European Union unless its prod... Read more
US Stocks End Mixed As Tech Shares Are Sold Off
Gains by industrial companies lifted the Dow on Wednesday, while weakness among technology shares pushed the Nasdaq deci... Read more
Amazon 'plans Prime Video Streaming Service With Ads'
Amazon.com is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Jou... Read more