Rodolphe Lameyse confirms 14,273 professionals attended Hong Kong wine and spirits fair
Vinexpo Asia 2026 in Hong Kong concluded with 14,273 attendees and 38 producing countries, confirming strong international interest in the Asian market.
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United States Trade Representative proposes 25% duty on Brazil goods
The USTR has proposed a 25% tariff on Brazil imports following a Section 301 investigation. A public hearing is scheduled for July 6 to review the impact.
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Blackstone closes $13.1 billion Asia-focused private equity fund
Blackstone closes its largest Asia private equity fund, BCP Asia III, at $13.1 billion. The fund exceeded its $10 billion target to focus on India and Japan.
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Iran suspends US talks, blocks Strait of Hormuz; WTI crude up 5%
On June 1, 2026, WTI crude oil futures surged 5% to $91.74 as Iran suspended talks with the US and re-closed the Strait of Hormuz due to Israeli actions in L…
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SK Hynix market value crosses $1.12 trillion on May 27, 2026
Global tech giants are reportedly offering financial backing to SK Hynix to secure memory supplies as ‘memflation’ causes prices to surge during the AI boom.
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Donald J. Trump reportedly requests edits to proposed Iran deal
Bloomberg reports that Donald J. Trump has requested edits to the Iran nuclear deal on May 31, 2026, introducing new variables to international negotiations.
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China’s 3.57 million STEM graduates annually challenge US AI leadership
China’s 3.5 million annual STEM graduates are closing the AI productivity gap. Data shows the performance divide with U.S. models effectively shut in April 2…
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United States Department of Justice appeals judicial directive for IEEPA duty repayments
The Justice Department will appeal a universal tariff refund order, claiming the court cannot mandate repayments for final liquidations without individual su…
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Office of the U.S. Trade Representative launches probe into Vietnam’s IP practices
The USTR has launched a Section 301 probe into Vietnam’s intellectual property practices, investigating failures to protect patents and trademarks for U.S. f…
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German Finance Minister Lars Klingbeil and E6 ministers target unified capital markets
The EU’s six largest economies (E6) have reached a common position in Berlin to push for a Capital Markets Union, reportedly including new powers for ESMA.
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MSCI Asia Pacific Index gains 1% as US and Iran near conflict pause
Asia markets rise as investors weigh signs of a U.S.-Iran ceasefire deal against renewed military activity in the Strait of Hormuz. Nikkei and KOSPI track ga…
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Global markets drop as Middle East conflict pushes crude toward $100
Global markets dipped on May 28, 2026, as Middle East hostilities pushed Brent crude to $96. Meanwhile, US growth was revised down as inflation hit a 3-year…
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China Airlines Chairman Kao Shing-Hwang announces record NT$14.7 billion profit for 2025
China Airlines reports record 2025 net profit of NT$14.7 billion and record Q1 2026 revenue driven by the surge in Taiwan’s AI hardware and semiconductor shi…
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UBS Asia President Iqbal Khan views AI as ‘biggest transformation’ for banking jobs
UBS Asia Pacific President Iqbal Khan discusses the long-term outlook for China business, the impact of AI on banking jobs, and his relocation to the region.
