The opening of an expanded second passenger terminal at Hong Kong International Airport has rightly been hailed as a milestone in the city’s journey to bolster its role as a global aviation hub. It was encouraging to see praise from passengers using Terminal 2 on its first full day of operations yesterday. Operators must now remain agile in planning further enhancements to ensure the facility remains world-class.The opening marks the official completion of the airport’s HK$141.5 billion (US$18.1 billion) three-runway system upgrade aimed at expanding capacity and improving efficiency amid strong regional competition. Closed in 2019 for reconfiguration, the terminal…
Author: Isla
Hazel Belkis Belge28 May 2026•Update: 28 May 2026A coalition of Nordic financial institutions, trade unions and climate scientists urged the European Union on Wednesday to maintain its ban on new oil and gas drilling in the Arctic, warning that further fossil fuel development could pose environmental and security risks as the bloc reviews its regional strategy.In an open letter addressed to five European commissioners, the group expressed concern that Brussels could soften its position on Arctic drilling while revising its Arctic policy, which has supported a global ban on new oil and gas projects in the region since 2021 for…
71 A high-level United States trade delegation will arrive in New Delhi next week for four days of negotiations aimed at finalizing an interim trade agreement and advancing the proposed India-U.S. Bilateral Trade Agreement (BTA), even as fresh questions emerge over the economic viability of the deal following recent developments in the United States. The American delegation, led by the U.S. Chief Negotiator, is scheduled to hold talks from June 1 to 4 with Indian officials on market access, customs facilitation, investment promotion, supply chain resilience and economic security cooperation. The negotiations come amid renewed attention after U.S. Secretary of…
RISING COSTS GIVE ADDED PUSHWhile Singapore firms shifting manufacturing to Malaysia is not new, analysts say the trend is accelerating as global pressures mount. Rising costs linked to the Middle East crisis, coupled with generous tax incentives under the JS-SEZ, are pushing more companies to rethink where they produce goods. The blueprint and masterplan for the JS-SEZ have not been launched but some Singapore companies are already moving operations across the Causeway and enjoying incentives that have been announced. The trend of Singapore firms moving to Malaysia is part of “Singapore companies right-sizing their geography”, said Lennon Tan, president of the Singapore Manufacturing…
SAITAMA, Japan, May 27, 2026 /PRNewswire/ — Marelli, a global automotive technology supplier, celebrates the 30th anniversary of its Electronics manufacturing plant in Guangzhou, China, marking a significant milestone in its expansion as a global innovation and smart manufacturing hub for automotive electronics. Established in 1996 as Marelli’s first manufacturing site in China, the Guangzhou plant has grown to become a key hub for the company’s Electronics business, underlining its strategic importance in both the Chinese market and Marelli’s global operations. Over the past three decades, the Guangzhou plant has evolved from a single production line with just over 100 employees…
Xi Jinping greets German Chancellor Friedrich Merz ahead of their meeting at the Diaoyutai State Guesthouse in Beijing, February 25, 2026. Credit: German Chancellor Friedrich Merz Germany has spent more than half a decade talking about its need to de-risk from China’s economy. Since 2023, this has been its official policy. Meanwhile, numerous German companies have been expanding their operations in China’s market, while remaining heavily reliant on Chinese suppliers. Even where a company’s share of revenue from China has declined compared to other markets, their absolute exposure has often increased, such as in automotive manufacturing and semiconductor equipment. The…
India Index founder and CEO Samir Kapadia joins ‘Mornings with Maria’ to break down Rubio’s India trip, the US push to secure critical minerals and counter China and balancing Pakistan ties amid Iran tensions. Secretary of State Marco Rubio just wrapped a four-day visit to India with a Quad meeting over the weekend. Energy security was at the forefront of discussions, alongside Indo-Pacific security, trade and supply chain resilience. The trip was Rubio’s first visit to the country as the Secretary of State and National Security Advisor, and came at a moment of delicate U.S.-India relations and heightened volatility in…
The world’s carmakers are struggling to compete with China BBC Source link
The market shrugged off ChinYang Chemical Corporation’s (KRX:051630) solid earnings report. Our analysis showed that there are some concerning factors in the earnings that investors may be cautious of. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.KOSE:A051630 Earnings and Revenue History May 27th 2026 The Impact Of Unusual Items On Profit For anyone who wants to understand ChinYang Chemical’s profit beyond the statutory numbers, it’s important to note that during the last twelve months statutory profit gained from ₩3.4b worth of unusual items. While we like to see profit increases, we…
A British father-of-two has allegedly spent more than seven months locked inside a Dubai prison without being told why he was detained, with his family claiming he has suffered “brutal beatings” in custody. Ryan Pepper, 27, from Ashford, Kent, is said to have been held in Sharjah since November after travelling to the UAE, where he later found work as an estate agent. He was arrested alongside 15 other people.According to his relatives and the campaign group, Detained in Dubai, Mr Pepper has never appeared before a judge and still does not know the reason for his detention. His devastated…