February 7, 2026

Hong Kong Criticizes Panama Ruling on CK Hutchison Ports Concession

Hong Kong's commerce minister Algernon Yau strongly opposed Panama's court decision canceling CK Hutchison's rights to operate two Panama Canal ports. He warns the move harms trade rules and business confidence.

February 7, 2026

Starbucks to Sell Majority Stake in China Amid Rising Competition and Price Wars

Starbucks is selling 60% of its China business to Boyu Capital as local brands and price wars shake up the market. Live streaming sales and discounts boost its presence while consumers favor cheaper local coffee chains.

February 7, 2026

India Lowers Tariffs, US Eases Duties in Major Trade Deal with Trump

India agreed to slash tariffs on US goods to zero while the US cut tariffs on Indian goods from 50% to 18%. This ends a year-long trade conflict sparked by steep US tariffs.

February 7, 2026

IMF Report Flags Governance Failures as Core of Pakistan’s Economic Crisis

IMF's latest report points to weak governance and systemic corruption as key reasons behind Pakistan’s ongoing economic troubles. It urges reforms and stronger civil society participation to build trust and lasting change.

February 7, 2026

US and India Strike Interim Trade Framework to Cut Tariffs and Boost Economic Ties

The US and India released an interim trade framework to cut tariffs, enhance energy ties, and deepen cooperation. India will buy $500 billion in US goods over five years, while the US lowers tariffs on Indian goods to 18%. Key agricultural products are protected amid ongoing talks.