Hong Kong
The United States imposed sanctions on a Hong Kong organization and an individual linked to Iran's Bank Melli. The restrictions may also affect Banque Misr UAE.
The court found Lee Cheuk-yan and Chow Hang-tung guilty of "incitement to subversion. " The article provides for up to 10 years in prison.
Geely Automobile's second-quarter profit rose 36% to 4. 9 billion yuan, in line with expectations. The company announced the resignation of Li Shufu as chairman, appointing him honorary chairman for life.
Mykhailo Mudryk returned to training with Chelsea after his suspension was cancelled, calling it a joyful moment. He trained six days a week to reassert himself.
Russia is buying up old LNG carriers and building new ones to circumvent the EU embargo on LNG imports. The fleet has grown to 25 vessels, but experts doubt its effectiveness.
An Austrian company from Vienna supplied equipment for the production of engines for Russian missiles and fighter jets by falsifying certificates. A 28-year-old Belarusian citizen has been detained; the damage amounts to €3.3 million.
After his suspension was lifted, Mykhailo Mudryk arrived at Chelsea’s training camp in Hong Kong, where he impressed the staff with his openness and smiles. He played in a friendly match against Juventus for the first time in 21 months.
Beijing has imposed countermeasures against American firms in response to US sanctions. The leaders’ September summit could be a chance to resolve friction over artificial intelligence.
Ferrari’s order book is fully booked through 2027, so new buyers will receive their cars only in 2028. The company’s operating profit rose by 9.5% despite a 3.7% reduction in deliveries.
Mudryk arrived in Hong Kong to participate in Chelsea's pre-season training. The club has received several inquiries from other teams, including Coventry City, regarding a possible transfer of the player.
Alibaba introduced the Qwen3. 8-Max model with 2.4 trillion parameters, which surpasses Kimi K3 from Moonshot. The new system shows results comparable to Anthropic Fable 5, the export of which was banned by the US.
The men's Ukrainian national épée fencing team won silver medals at the World Championships in Hong Kong. This is the first team award for Ukraine at world championships since 2019.
Alina Poloziuk won bronze at the World Championships in Hong Kong, defeating three-time world champion Martina Batini in the quarterfinals. This is the first medal in the history of Ukraine at the World Championships in women's foil.
In Guangdong province, over 340,000 people were evacuated due to Typhoon Noul. Schools and businesses have been closed, and train services have been suspended.
China imposed export controls on 14 European companies, including Rheinmetall, in response to the 21st EU sanctions package against Russia. The EU is assessing Beijing's measures, and the economic consequences may be limited.
Next week, important economic data and central bank decisions from the US, China, and Japan are expected. The Fed is in a quiet period ahead of its July 28-29 meeting, while the People's Bank of China will announce its rate decision.
The US has imposed sanctions against 11 entities from China, Hong Kong, and Belarus. The restrictions concern the procurement of weapons for Iran and the operation of secret banking networks.
The FIE has lifted restrictions for athletes from the Russian Federation and Belarus starting from the 2026 World Championships in Hong Kong. They will compete under their own flags, anthems, and in their own uniforms.
The US restrictions targeted eight vessels and over 15 companies from Hong Kong and Dubai. The sanctions aim to cut off Iran's revenue used for military reconstruction.
China launched the Shenzhou-23 spacecraft with three astronauts to the Tiangong station. One of the crew members will spend an entire year in orbit for the first time in the country's history.
The US Treasury Department has imposed sanctions on Amin Exchange and 19 oil tankers. The restrictions target a network of front companies in the UAE, China, and Hong Kong.
Russia has deployed the vessels Kosmos, Mercury, Orion, and Luch for shipments from Arctic LNG 2. In total, the shadow gas fleet already consists of at least 20 tankers.
Trump and Xi Jinping discussed the war in Iran and the blockade of the Strait of Hormuz. Marco Rubio emphasized that the US is not asking China for help regarding Iran.
Heathrow, Charles de Gaulle, and Frankfurt are among the world's top ten polluters. Dubai International Airport was recognized as the most environmentally hazardous.
Washington has introduced restrictions against 12 entities from Hong Kong, the UAE, and Oman. The sanctions target a shadow fleet that transported oil for Iran's needs.
A shortage of jet fuel has emerged due to the war in Iran and the blockade of the Strait of Hormuz. Airlines are canceling flights en masse and raising ticket prices.
The US has introduced sanctions against 10 individuals and companies for assisting Iran in weapons production. The restrictions target programs for the development of missiles and 'Shahed'-type drones.
The share of Chinese imports of sanctioned goods to the Russian Federation has risen to 90%. This allows Moscow to ramp up the production of missiles and drones for the war.
Russian students are massively choosing Asian universities instead of European ones due to sanctions. Chinese and Korean languages have become the most popular among Russian youth.
China has imposed an urgent ban on diesel and gasoline exports due to the escalating conflict between the US, Israel, and Iran. This decision could lead to a shortage of petroleum products in the Asia-Pacific region.