Americas News – The Eastern Herald

Hong Kong Central financial district skyline as the government gazettes zero percent tax on fund manager performance bonuses

Hong Kong Just Gazetted a Zero Percent Tax on Fund Manager Carry, Aiming Straight at Singapore’s Wealth-Hub Crown

Hong Kong's government gazetted the Inland Revenue (Amendment) Bill on Friday, proposing a zero salary tax on performance-linked bonuses for qualifying fund managers and a sweeter regime for family offices and private

June 13, 2026

Business·Entertainment·Movies·News

CITIC Securities Hong Kong headquarters as Fitch hands the brokerage the first A-class rating in Chinese capital markets history

Fitch Hands CITIC Securities the First A-Class Credit Rating Ever Given to a Chinese Brokerage, Cracking a Ceiling That Stood for Two Decades

Fitch Ratings on Tuesday assigned an A-minus long-term issuer default rating to CITIC Securities and its Hong Kong subsidiary, breaking a sector ceiling that had locked every Chinese brokerage in the BBB

June 13, 2026

Business·Entertainment·Movies·News

Chinese commercial space rocket launching as LandSpace and peers file IPOs on Shanghai STAR market and Hong Kong exchange

China’s Private Space Companies Are Sprinting Toward IPOs Behind SpaceX, and Shanghai’s STAR Market Has Quietly Opened the Door

LandSpace, Galactic Energy, CAS Space, Space Pioneer, i-Space and a half-dozen other Chinese commercial aerospace startups are filing simultaneous IPO applications on Shanghai's STAR market and the Hong Kong stock exchange. The

June 13, 2026

Business·Entertainment·Movies·News

South Korea Hands Coupang a Record $409 Million Data Privacy Fine, Five Times Bigger Than Anything the Country Has Levied Before

South Korea's privacy regulator slapped Coupang with a 624.7 billion won fine, roughly $409 million, for a breach that exposed personal data of 37.5 million customers including phone numbers and addresses. The

June 13, 2026

Business·Entertainment·Movies·News

Oil tanker transits the Strait of Hormuz as the US-Israel war on Iran disrupts global energy supply chains

World Bank Slashes 2026 Global Growth Forecast to 2.5 Percent, the Worst Reading Since the COVID Year, and Says Plainly Who Caused It

The World Bank lowered its 2026 global growth projection to 2.5 percent, down from 2.9 percent in 2025 and the lowest since the pandemic year, citing the energy-price shock and supply-chain damage

June 13, 2026

Business·Entertainment·Movies·News

US military assets deployed in Latin America

Trump Says a US Strike Killed a Gang Leader Inside Venezuela, ‘Coordinated’ With the Government That Replaced Maduro

Trump announced a US strike killed Tren de Aragua leader Hector Guerrero Flores at a compound inside Venezuela, in a mission he said was coordinated with Caracas, five months after American forces

June 14, 2026

Conflicts, Military and War·Government and Politics·News

Huawei advanced chip wafer as China races to deliver 1.4 nanometer equivalent transistor density by 2031

China’s Chip Design Software Lines Up Behind Huawei’s New Scaling Law and the Target Is a 1.4-Nanometer Workaround by 2031

Empyrean Technology and Peking University researchers are racing to align their electronic design automation tools with Huawei's Tau Scaling Law, the chipmaker's plan to bypass ASML lithography restrictions and deliver 1.4-nanometer-equivalent transistor

June 13, 2026

Business·Entertainment·Movies·News

NASA TROPOMI satellite image of nitrogen dioxide concentrations across the continental United States showing the largest urban and industrial source regions

California’s Carbon-Capture Rulebook Just Made Industry Happy and Environmentalists Furious

The California Air Resources Board released its draft rules this week to govern carbon-capture, removal and storage projects under the 2022 SB 905 law. Industry asked for the scope to expand to

June 13, 2026

Climate·News·Technology

BYD electric vehicles displayed at a Chinese dealership as new energy vehicles capture 62.9 percent of the May 2026 market

Electric Cars Are Now Two-Thirds of What China Buys, and the Country’s Top 10 Bestseller List Has Nothing With a Tailpipe Left

New energy vehicles took a record 62.9 percent of China's retail car market in May 2026, the China Passenger Car Association said, and for the first time every model in the top

June 13, 2026

Business·Entertainment·Movies·News

Stacked gold bullion bars in a central bank vault as ECB confirms gold has overtaken US Treasuries in global reserves

Gold Overtakes US Treasuries as World’s Top Reserve Asset and the ECB Says the Dollar’s Grip Is Slipping

Gold quietly became the world's number one official reserve asset in 2025, overtaking US Treasuries for the first time since the dollar era began, according to a new European Central Bank report.

June 13, 2026

Business·Entertainment·Movies·News

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Americas- Page 76

Hong Kong Just Gazetted a Zero Percent Tax on Fund Manager Carry, Aiming Straight at Singapore’s Wealth-Hub Crown

Fitch Hands CITIC Securities the First A-Class Credit Rating Ever Given to a Chinese Brokerage, Cracking a Ceiling That Stood for Two Decades

China’s Private Space Companies Are Sprinting Toward IPOs Behind SpaceX, and Shanghai’s STAR Market Has Quietly Opened the Door

South Korea Hands Coupang a Record $409 Million Data Privacy Fine, Five Times Bigger Than Anything the Country Has Levied Before

World Bank Slashes 2026 Global Growth Forecast to 2.5 Percent, the Worst Reading Since the COVID Year, and Says Plainly Who Caused It

Trump Says a US Strike Killed a Gang Leader Inside Venezuela, ‘Coordinated’ With the Government That Replaced Maduro

China’s Chip Design Software Lines Up Behind Huawei’s New Scaling Law and the Target Is a 1.4-Nanometer Workaround by 2031

California’s Carbon-Capture Rulebook Just Made Industry Happy and Environmentalists Furious

Electric Cars Are Now Two-Thirds of What China Buys, and the Country’s Top 10 Bestseller List Has Nothing With a Tailpipe Left

Gold Overtakes US Treasuries as World’s Top Reserve Asset and the ECB Says the Dollar’s Grip Is Slipping

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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Americas- Page 76

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