The United States imposed sanctions on six entities based in Hong Kong and China on Wednesday that it accused of being involved in an Iranian drone procurement network, as the Trump administration implements its "maximum pressure" campaign against Tehran.

Hong Kong government says imposition of additional 10 per cent tariff is ‘grossly inconsistent’ with WTO rules.

HK media tycoon Jimmy Lai has denied in his national security trial that he asked the US to sanction China after the national security law came into effect.

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Hong Kong's top court unanimously overturned on Thursday the convictions of three former members of a pro-democracy group that organised an annual candlelight vigil to mark China's 1989 Tiananmen Square crackdown,

The Treasury claimed that the Hong Kong entities procured components for Iranian firm Pishtazan Kavosh Gostar Boshra and its subsidiary, Narin Sepehr Mobin Isatis, which were known for supplying Iran’s drone and ballistic missile programmes and remained under US sanctions.

Hong Kong is expected to focus on steps to curb spending in its annual budget on Wednesday, as it seeks to tackle a fiscal deficit likely to have widened to double the city's target amid rising global economic uncertainty and a weak property market.

Shares in China's Xiaomi are up more than 30% in Hong Kong this year as the smartphone maker aims to deliver 300,000 EVs in 2025. The United States Postal Service said it would keep accepting ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.