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Hong Kong firm did not uphold Panama Canal ports contract

The Associated Press - Busines… · 19h

Hong Kong company denies that it failed to pay Panama under a contract to operate its canal ports

A subsidiary of a Hong Kong conglomerate, which is embroiled in U.S.-China tensions over its Panama Canal port assets has denied allegations that it had failed to pay about $1.2 billion to the Central

The New York Times · 1d

Panama Official Accuses Hong Kong Port Operator of Misconduct

The controller general of Panama said CK Hutchison, a Hong Kong conglomerate, did not properly renew its license to operate two ports that are part of a $19 billion deal involving BlackRock.

Al Jazeera on MSN · 1d

Audit finds Hong Kong company breached Panama Canal ports contract

Auditors in Panama have reported that the Hong Kong-based owner of key Panama Canal ports has violated the terms of its contract. Comptroller-General Anel Flores announced on Monday that the audit had found “many breaches” of the concession awarded to Hong Kong-based logistics giant CK Hutchison to operate the Balboa and Cristobal ports,

China will not 'threaten' Panama Canal

CNN on MSN · 1d

Hegseth spurs fiery response from Beijing over Panama Canal ‘threat’ comments

US Defense Secretary Pete Hegseth said Tuesday the Panama Canal faces ongoing threats from China but that together the United States and Panama will keep it secure.

U.S. News & World Report · 18h

Panama Should Secure Canal With US Not China, Hegseth Says

U.S. Defense Secretary Peter Hegseth said on Wednesday he sees the Panama Canal as key terrain that Panama should secure together with the United States and not with China, adding it was important to protect it from "malign" influence.

Las Vegas Sun · 21h

US defense secretary says China is a threat to Panama Canal, spurring a fiery response from Beijing

U.S. Defense Secretary Pete Hegseth says the Panama Canal faces threats from China but together the U.S. and Panama will keep it secure

Global Finance Magazine15h

CK Hutchison Denies $1.2 Billion Panama Claim Amid US-China Canal Tensions

CK Hutchison, the Hong Kong-based parent of Panama Ports Company (PPC), denied on Wednesday allegations that it owes $1.2 ...

20h

CK Hutchison invested $1.7 bln in Panama, surpassing obligations, it says

A company controlled by Hong Kong-based CK Hutchison has invested $1.7 billion in two ports near the Panama Canal, it said on ...

9d

China delays $23B sale of Panama Canal ports to US-backed consortium led by BlackRock

The transaction has drawn fierce criticism from influential Chinese political offices, including the mainland’s Liaison ...

8don MSN

Mapped: Global Ports China Could Lose to US After Panama Deal

Hong Kong company CK Hutchison's $22.8 billion deal to sell dozens of ports was originally to be inked on April 2.

1don MSN

Panama's comptroller office to sue over renewal of CK Hutchison contract

Panama's Comptroller General office will file a lawsuit against the officials who authorized the renewal of a 25-year port ...

1d

US defense secretary credits Panama with improving security cooperation after meeting with president

U.S. Secretary of Defense Pete Hegseth has credited Panama President José Raúl Mulino with improving security cooperation ...

5d

Hong Kong’s Li Ka-shing makes rare video appearance, first since Panama deal

Both organisations donate two histotripsy systems worth S$12 million to health research centres in city state.

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