Political News
Chancellor unveils £30bn plan to boost UK economy
Rishi Sunak has announced a series of measures aimed at boosting the UK economy as it emerges from lockdown, including a six-month job retention bonus for furloughed workers and temporarily slashing VAT on food and accommodation.
HSBC hit as White House said to weigh future of Hong Kong-US peg
Shares in HSBC fell sharply on Wednesday following reports that the White House was considering undermining the decades-old peg between the Hong Kong and US dollar.
UK imposes sanctions on Russians and Saudis over 'blood money' laundering
Britain imposed sanctions on 25 Russians and 20 Saudis on Monday as part of post-Brexit measures that were aimed at cracking down on the laundering of “blood money”.
US considers banning TikTok and other Chinese social media
The US is reportedly considering banning TikTok and other Chinese social media apps, Secretary of State Mike Pompeo said Monday.
UK travel restrictions on dozens of countries set to be relaxed - reports
The government is set to scrap quarantine plans for travellers arriving from as many as 75 countries, it was reported on Thursday.
UK should kickstart economy with green projects, says IMF
The British government should attempt to kickstart the economy and create jobs using green projects, said the International Monetary Fund’s chief economist.
China threatens UK over Hong Kong passport offer
Diplomatic tensions between London and Beijing increased on Thursday after China threatened to retaliate if Britain granted residency to Hong Kong citizens looking to escape a draconian new national security law.
Twitter removes image posted by Trump over copyright issues
Twitter has removed an image tweeted by the US President Donald Trump from its platform, following a copyright complaint from the New York Times.
US House moves to sanction Chinese banks over new HK security law
Lawmakers in the US moved a step closer to retaliating against Beijing's decision to change Hong Kong's security laws to clamp down on dissent.
Hong Kong authorities make first arrests under new law
Hong Kong police detained a man on Wednesday holding a flag urging independence, marking the first arrest under the new national security law introduced on Tuesday night.