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scmp - 8 month ago

Budget 2025: is raising taxes the answer to Hong Kong’s ‘structural deficit’?

The Post breaks down whether Hong Kong is facing a structural deficit and whether taxing top earners can help get the city back on track.

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Apple lining up successor to CEO Cook – Bloomberg

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US dollar hits 30-year low in global foreign reserves – IMF

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Musk becomes first person worth $500 billion – Forbes

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Russian oil keeps flowing despite US pressure – Bloomberg

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Russian Finance Ministry proposes VAT increase

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EU to unlock €500mn in bid for Orban’s Russia sanctions backing – FT

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EU names member states still importing Russian gas

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Billionaire Ellison to become most powerful US media mogul ever – NYT

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Central Bank of Russia governor dismisses talk of recession

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EU plans to seize €170bn of Russia’s frozen funds – FT

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US and China reach ‘framework’ TikTok deal

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China probes US chip giants

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Fitch hits France with record-low credit score

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EU could target ‘Russian SWIFT’ – Euractiv

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Russia and China planning clearinghouse to avoid West – Moscow

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France headed for ‘black hole’ – financial expert

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China to open up ‘panda bonds’ to Russian energy giants – media

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Russia and UAE agree major business deal – Kommersant

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Gazprom boss warns EU to prepare for ‘cold winter’

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Russia’s biggest bank sounds warning about economy

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Russian economy cooling ‘faster than expected’ – ministry

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EU country taps record volume of Russian gas

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Russia-China gas deal to ‘turn the LNG market on its head’ – analysts

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German unemployment hits ten-year high

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Tesla sales slump in Europe – data

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US extends loophole to keep banned Russian diamonds coming

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EU ready to impose secondary sanctions on Russia’s partners – Bloomberg

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China boosts AI chip output amid US export curbs – FT

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US energy giant ‘in secret talks’ to return to Russia – WSJ

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Britain faces worst crash in fifty years – economists

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Russia sees tourism boom from Gulf states despite sanctions – FT

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Russia to print new Syrian banknotes – Reuters

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EU has given Ukraine €9bn in Russian money – data

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US hails ‘major win’ over EU

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Chinese refiners boost Russian oil imports – CNN

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Major US firms ‘lining up’ to return to Russia – industry boss

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European military stocks fall as Ukraine peace hopes rise

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Ruble share of Russia’s exports hits record high

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EU pledges to maintain Russian sanctions

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China hits back at EU over Russia sanctions

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EU state blasts Ukraine over key pipeline attack

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US chipmakers to pay Washington for trade with China – media

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US slaps tariffs on gold bars – media

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Trump tariffs wipe out $12 billion from global carmakers – WSJ

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Luxury brands suffer slump as tourist spending falls in Europe and Japan – FT

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US ‘on precipice’ of recession – Moody’s chief analyst

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Global trade hub seeking Russia partnership – media

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Russia’s rich grow richer

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BMW reports 29% drop in profits

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Trump announces EU-style deal with South Korea

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Vast majority of sanctions against Russia haven’t worked – expert

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Apple closes store in China for first time

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Russia bans all gasoline exports

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Trump tariffs to cost German car giants over €10bn – study

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Trump’s tariffs to cost global economy $2 trn – Bloomberg

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Trump backs down on tech export restrictions to China – FT

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Russia crosses ruble foreign trade threshold

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US-made Taiwanese microchips cost up to 20% higher – leading buyer

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EU’s Russian diesel ban pushing up prices – industry boss

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Asian company achieves $1 trillion valuation for first time

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AI fueling energy price rises in US – FT

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Russia ousts Germany from global top-five beer brewers – report

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Mass bankruptcies threaten Russian construction sector – industry leader

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Trump Media invests $2 billion in Bitcoin

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US Treasury chief calls for review of Fed for ‘many mistakes’ (VIDEO)

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China posts over 5% growth despite trade war

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Beijing slams EU for including Chinese firms in Russia sanctions

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Russian inflation cooling down – Bloomberg

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Putin aide issues warning on Russian economy

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Bitcoin soars to new all-time high

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Russian companies losing interest in foreign currency – central bank

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US Treasury reports surprise surplus

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EU plans to tax big corporates to boost coffers – FT

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Ruble hits two-year high against dollar

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Trump threatens Brazil with 50% tariffs over ‘witch-hunt’ trial

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Snoop Dogg drops music VIDEO about Telegram gifts

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Musk’s X CEO steps down

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Trump announces stinging tariffs on US allies in Asia

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Putin takes action against Apple

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National currencies free BRICS from Western pressure – Russian finance minister

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China buying up mines globally – FT

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Russia sanctions trigger European trust fund crisis – FT

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Russia’s fertilizer exports to BRICS soaring – industry

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Trump threatens BRICS partners with extra tariffs

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Russian pipeline gas exports to EU fall – Reuters

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Trump to reinstate sweeping tariffs

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Russia’s international reserves hit all-time high – central bank

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British pound may go ‘woke’

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EU could become ‘province of China’ – German industry leader

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Dollar enduring worst year since 1973 – NYT

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Russian IT sector sees Asia influx — Kommersant

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Richest Russians add $24 billion to wealth – Bloomberg

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China boosting purchases of Russian metals – Bloomberg

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Canada scraps tax on tech giants in bid to revive US trade talks

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Russia’s largest bank delivers pessimistic 2026 forecast

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Hashtags:

Budget

raising

taxes

answer

structural

deficit

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China’s advanced Fujian carrier conducts ‘intensive’ eighth sea trial

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Russia’s international reserves hit all-time high – central bank

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Trump to reinstate sweeping tariffs

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Russia could restrict return of Western brands – Izvestia

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China accuses US of violating trade truce

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Philippine politician slams US travel warning: ‘unfair treatment from our No 1 ally’

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Malaysia denounces Israeli bombardment of Gaza, says Asean ‘cannot remain silent’

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George Floyd’s uncertain legacy marked in US 5 years on

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Hong Kong surgical robot start-up Cornerstone eyes funds to take on da Vinci

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China’s mega bridges: build smarter, build higher, build where others won’t dare

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Telegram announces partnership with Musk

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Hong Kong helicopter rescues 3 women after Big Wave Bay coastal hike turns perilous

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Russia is open to ‘smart’ foreign investment – first deputy PM

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China’s spy agency warns of foreigners posing as scholars, tourists, ‘insincere lovers’

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Western businesses in no rush to leave Russia – survey

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Suriname begins vote for government to steer new-found oil wealth

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Pope Leo prays for Chinese Catholics to be in communion with Rome

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US extends tariff exemptions on certain Chinese imports

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Ship sinks off India’s coast, spilling oil and cargo containers

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Trump Org releases golden smartphone (PHOTO, VIDEO)

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Israeli strikes kill 30 in Gaza, including rescue service official and local journalist

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EU nation blames Ukraine for energy crisis

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Covid cases reaching a peak in China and will start falling next month: leading expert

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Plague of flying pests adds to Osaka World Expo’s woes in Japan

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Trump Mobile drops ‘Made in USA’ label amid China copycat concerns

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Russia to increase gas supplies to European country

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More Russians warming to US – poll

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In Singapore, ‘third places’ tap into yearning for deeper physical connection in digital age

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China accuses US of violating trade truce

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China ‘violated’ deal – Trump

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US-Chinese trade talks ‘stalled’ – Treasury Secretary

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Trump’s tariffs reinstated

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US dollar hits two-year low against ruble

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Ex central bank chief predicts Russia will never abandon cash

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Telegram announces partnership with Musk

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Russia could restrict return of Western brands – Izvestia

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Putin hails Russia’s economic growth

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Euro could dethrone US dollar – ECB

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Polish farmers call for Russian cucumber ban

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EU nation blames Ukraine for energy crisis

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Trump agrees to delay EU tariffs

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China’s former state employees warned not to leak classified information

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Philippine politician slams US travel warning: ‘unfair treatment from our No 1 ally’

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China’s ambassador hits out at Australia’s ‘questionable’ Darwin port plan

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Plague of flying pests adds to Osaka World Expo’s woes in Japan

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Israeli strike on Gaza school sheltering displaced people kills at least 20

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Ship sinks off India’s coast, spilling oil and cargo containers

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China couple choose bicycles over limousines for wedding, get community blessings

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China’s advanced chest pain centre standards to go global through Hong Kong

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Can neighbours, security guards do more to help Hong Kong single families in need?

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Go fish: China to deliver world’s first salmon-farming ship, modernising fisheries

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Sleep helps the brain enter repair mode to clean up free radicals, Chinese study finds

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Hong Kong surgical robot start-up Cornerstone eyes funds to take on da Vinci

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World’s fastest coilgun, Korean-Chinese food, cancer drug trials: 5 weekend reads

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Shirtless man detained in Vietnam for vandalising historic throne

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China’s mega bridges: build smarter, build higher, build where others won’t dare

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In Singapore, ‘third places’ tap into yearning for deeper physical connection in digital age

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Rita, Indo-Pacific bottlenose dolphin at Hong Kong’s Ocean Park, dies at 24

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Asean summit opens in Malaysia with trade dismay, US tariffs top of mind

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China should mull a 4% GDP target, focus on jobs, debts in next 5 years: former official

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Hong Kong to ride IPO wave as global investors pour in, JPMorgan says

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Systems collapse could knock out Taiwan without a fight, military magazine says

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Air India ranks dead last for punctuality in UK: ‘completely unacceptable’

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How Hong Kong can reassert its global edge in an uncertain world

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China university criticised for requiring student to lower pants for menstrual pain leave

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Hong Kong warned of surge in inflammatory bowel disease rates

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As Hong Kong office rents plummet, landlords upgrade with video walls to lure tenants

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Ahead of election in Malaysia’s Sabah, voters yearn for end to daily shortages

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Wealthy investors see ‘time to buy’ Hong Kong stocks amid trade war: Standard Chartered

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Israeli PM Netanyahu meets visiting US homeland security chief Kristi Noem in Jerusalem

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Trump ‘not happy’ with Putin after Russian strikes on Ukraine kill 13

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EU chief vows to advance trade talks after ‘good’ Trump call

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Truth in the truce: Wendy Cutler mulls if US-China trade can find lasting peace

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Renault leverages Shanghai development centre for cars aimed at markets outside Europe

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Suriname begins vote for government to steer new-found oil wealth

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After hardline Yoon, South Korea needs a more balanced foreign policy

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US-German citizen charged with trying to attack US embassy office in Tel Aviv

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Pope Leo prays for Chinese Catholics to be in communion with Rome

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George Floyd’s uncertain legacy marked in US 5 years on

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Israeli strikes kill 30 in Gaza, including rescue service official and local journalist

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Suspect was released from psychiatric care a day before Hamburg attack, officials say

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6 die in weekend mountain accidents in Swiss Alps

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French President Macron hopes for defence, energy and tech deals as he starts Asia trip

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King Charles to visit Canada for throne speech amid US tensions

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Hong Kong village church members wonder where next after relocation order

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Bangladesh: first trial begins for Hasina-era officials, police

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China’s corruption busters eye key tech sectors as Beijing gears up to challenge US

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Russia kills at least 12 in Ukraine war’s largest air attack

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Musk ‘back to 24/7’ work on his business projects

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Hundreds of poor Hongkongers face cutbacks in essentials when handout ends: poll

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China’s advanced Fujian carrier conducts ‘intensive’ eighth sea trial

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Hong Kong internet sensation ‘Mr Ho’ arrested over insecticide attack

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Malaysia calls for expansion of Myanmar’s post-earthquake ceasefire

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In picking Hong Kong over New York, CATL’s IPO was a strategic move

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Can China’s new stealth tech challenge Trump’s Golden Dome?

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Hong Kong man held after Zhuhai customs finds 42 mobile phones inside wheelchair

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Wind, hail and heat: Extreme weather kills at least 14 and injures 100 in Pakistan

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Covid cases reaching a peak in China and will start falling next month: leading expert

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Hong Kong braces for midweek heavy showers and squally thunderstorms

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UK renationalises first train operator, Labour vows improvements

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Hong Kong helicopter rescues 3 women after Big Wave Bay coastal hike turns perilous

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Hong Kong to get 10 pedestrian walkways in connectivity push

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Chinese husband sings, dances for vegetative wife every day, finally awakening her

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Rare owl bred in Hong Kong draws bird watchers galore, venue restricts access

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Japan’s Ishiba eyes G7 summit, aims to advance US tariff talks

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Signal failure leaves 17 stranded on Hong Kong’s Ocean Park Tower

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China’s spy agency warns of foreigners posing as scholars, tourists, ‘insincere lovers’

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How India and Pakistan are preparing for the next conflict

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Why is Hong Kong scrimping on schools and splurging on elections?

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Syrian government to aid search for missing Americans, US envoy says

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China teacher threatens to throw pupil from third floor after boy sprays him with water gun

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Job creator or industry killer? Europe’s EV sector faces Chinese investment dilemma

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Trump defends ban on Harvard accepting foreign students, demands transparency

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Vietnam and Thailand forge strategic ties to boost trade, reduce reliance on China

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Hong Kong’s ‘bustling’ IPO market exceeds HK$76 billion mark this year

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Elderly Japanese woman loses US$345,000 to scammers, joins gang as they are ‘kind’ to her

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China is getting ready for a key meeting to discuss its next 5-year plan

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New global mediation body could open in Hong Kong as early as end of 2025, official says

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Sources

channelnewsasia
RT business
scmp
straitstimes

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