Latest News for: panama canal

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Hong Kong’s richest man is in hot water over his company’s Panama Canal ports deal

Asahi News 21 Mar 2025
HONG KONG--Hong Kong tycoon Li Ka-shing’s business empire is in the crosshairs after CK Hutchison Holdings chose to sell its Panama Canal port assets to a consortium that includes U.S.
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Trump and China Clash Over Panama Canal in Test of Hong Kong’s Status

New York Times 21 Mar 2025
Beijing’s threat to stop a tycoon’s sale of his ports business has dealmakers wondering if they can still operate without political interference ... .
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How a Renowned Hong Kong Tycoon Ended Up on Beijing’s Bad Side Over Panama Canal Deal

Wall Street Journal 21 Mar 2025
Ninety-six-year-old Li Ka-shing earned the nickname “superman” for his uncanny sense of when to sell. Not for the first time, one of his deals has angered Beijing ... .
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China's criticism of Hutchison ports deal raises stakes for TikTok US sale

Hindustan Times 21 Mar 2025
The unexpected criticism of the deal, including the sale of assets near the Panama Canal to a BlackRock-led consortium, will, in particular, sharpen the scrutiny of a possible sale of the U.S.
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Mulino Dismisses Claims of U.S. Evaluating Panama Canal Access

MarineLink 20 Mar 2025
The canal is controlled by the Panama Canal Authority, a Panama government agency, but Hong Kong-based firm CK Hutchison 0001.HK has held concessions to operate two ports on either end of the canal.
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Can Trump ‘take back’ the Panama Canal?

Gulf-Times 20 Mar 2025
... overseen by the Panamanian government.Under the Treaty Concerning the Permanent Neutrality of the Panama Canal, Panama pledged to charge “just, reasonable and equitable” transit fees to all nations.
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Hong Kong's richest man is in hot water over his company's Panama Canal ports deal

San Francisco Chronicle 20 Mar 2025
Hong Kong tycoon Li Ka-shing’s business empire is in the crosshairs after CK Hutchison Holdings chose to sell its Panama Canal port ...
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Beijing Puts Its Thumb on Panama Canal Deal

The Epoch Times 20 Mar 2025
However, two ports—Balboa and Cristobal—in the bundle receive disproportionate attention because they are at the Panama Canal ... ....
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Trump administration explores military options to “reclaim” Panama Canal, citing concerns over growing Chinese influence

Natural News 20 Mar 2025
The Trump administration is directing the U.S. military to develop strategies to increase its presence in Panama, to counter China's influence... .
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Hong Kong business community urged to prioritize national interests amidst port sale controversy

Hong Kong Standard 20 Mar 2025
The Hong Kong and Macao Work Office recently reposted commentary articles that question CK Hutchison's plan to sell port assets at both ends of the Panama Canal, suggesting that the move may not have considered national interests.
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Hong Kong business community urged to prioritize national interests amid port sale controversy

Hong Kong Standard 20 Mar 2025
The Hong Kong and Macao Work Office recently reposted commentary articles that question CK Hutchison's (0001) plan to sell port assets at both ends of the Panama Canal, suggesting that the move may not have considered national interests.
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CK Hutchison Reports 11% Profit Drop in 2024

MarineLink 20 Mar 2025
President Donald Trump hailing it after previously calling for the Panama Canal to be removed from what he says is Chinese control.
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CK Hutchison Flags Political Risk as Port Deal Upsets China

gCaptain 20 Mar 2025
While the conglomerate is set to make $19 billion in cash proceeds from the deal, the agreement has enraged Beijing after President Donald Trump touted it as reclaiming the Panama canal ... Panama canal.
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