PANAMA CITY, Jan 30 (Reuters) - The Supreme Court of Panama said a contract held by a Hong Kong company to operate ports at ...
Panama’s Supreme Court on Thursday blocked a Hong Kong-based company from operating ports on the Panama Canal, giving the ...
The Supreme Court of Panama invalidated the contract of a Hong Kong subsidiary to operate ports on the Panama Canal, ruling ...
Panama’s Supreme Court has ruled that the concession held by a subsidiary of Hong Kong’s CK Hutchison Holdings to operate ...
CK Hutchinson, a Hong Kong-based multinational with ties to Beijing, had been operating the ports for more than 20 years.
The move follows Donald Trump's previous claim the US was taking the crucial Panama canal "back" from China.
In a blow to China, the Supreme Court said CK Hutchison’s contract breaches the constitution.
The court’s ruling followed an audit by Panama’s comptroller, which alleged irregularities in the 25-year extension of the ...
Hong Kong tycoon Li Ka-shing and his conglomerate CK Hutchison have been tied up in global US-China rivalry since announcing ...
The ruling delivers a victory to President Trump, who has said he wants America to control the canal, and a blow to the longtime ports operator, CK Hutchison.
The ruling injected fresh uncertainty into the Hong Kong conglomerate’s long-running effort to sell off the facilities.
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