Senior officials denied US media reports in 2022 that the new facilities were being built exclusively for the Chinese navy.
Nintendo delays Switch 2 pre-orders in US over Trump tariffs
The launch of the highly anticipated gaming console is likely to be affected by heavy duties on products made in Vietnam and Cambodia.
Trump says Vietnam willing to cut tariffs on US goods to ‘zero’ to reach deal
The US president says he spoke with Vietnamese leader To Lam, who is seeking to avoid punishing 46 per cent duties.
Clarity on compensation events in Hong Kong SAR NEC forms can help to avoid construction disputes
A thorough understanding of the types of compensation event (CE) clauses used in the New Engineering Contract (NEC) – increasingly the standard form contract of choice in the Hong Kong Special Administrative Region’s public sector – is vital to avoiding potential disputes on construction projects.
UK private equity market ‘changeable and uncertain’ throughout previous year
Last year the UK merger and acquisitions (M&A) market was somewhat changeable and unpredictable.
Northern Ireland energy strategy marks pivotal step in net zero journey
The Department for the Economy (DfE) has published its Energy Strategy Action Plan for 2025, marking a pivotal step in Northern Ireland’s journey towards achieving ‘net zero’ emissions by 2030.
‘First-in-line’ status offers Philippines little shelter from Trump
The Trump administration has offered reassurances to Manila, but mixed signals and global tariffs mean there are still reasons to be wary.
Trump’s ‘liberation day’ tariffs ‘could spur raft of new trade deals’
US president Donald Trump’s ‘liberation day’ tariffs are almost certainly unjustifiable under World Trade Organization (WTO) rules, will dampen business investment globally, and could spark a wave of new trade agreements between countries affected, according to experts in international trade law.
Philippines offered 20 US F-16 fighter jets in major defence upgrade, amid China tensions
Experts stress the urgent need to upgrade the Philippine Air Force due to its limited capabilities in defending against China’s military presence.
EMA biosimilars policy shifts over clinical efficacy studies
More ‘biosimilar’ medicines should be brought to market in the EU because of a regulatory policy shift on the need to carry out expensive clinical efficacy studies, experts have said.