Hong Kong’s CK Hutchison Holdings says its subsidiary started arbitration proceedings against Panama after that country’s Supreme Court ruled a concession for the subsidiary to operate Panama Canal ports was unconstitutional.
X offices raided in France as prosecutors investigate child abuse images and deepfakesTrump signs budget bill bringing an end to partial government shutdownIOC leader Coventry warns of 'uncomfortable' change coming to Olympics programsAP Entertainment WireSBA says legal permanent residents will be ineligible for its loan program, effective March 1Freezing reptile dubbed 'Lizard in a blizzard' is rescued after being buried in Rhode Island snowMonkeys are on the loose in St.
Louis and AI is complicating efforts to capture themDoctors share the best ways to get the most from a bidetWhy this US cold snap feels bone-shattering when it's not record-shatteringDo you need to control your cortisol? Probably not, doctors saySome companies tie AI to layoffs, but the reality is more complicatedHow to create a calming 'nature nook' with indoor plantsPope Leo XIV faces crisis as a traditionalist group plans bishop consecrations without consentTrump planea reducir aranceles a India después de que Modi acordara dejar de comprar crudo ruso Louis and AI is complicating efforts to capture themDoctors share the best ways to get the most from a bidetWhy this US cold snap feels bone-shattering when it's not record-shatteringDo you need to control your cortisol? Probably not, doctors saySome companies tie AI to layoffs, but the reality is more complicatedHow to create a calming 'nature nook' with indoor plantsPope Leo XIV faces crisis as a traditionalist group plans bishop consecrations without consentTrump planea reducir aranceles a India después de que Modi acordara dejar de comprar crudo rusoCranes load a cargo ship at Panama Canal’s Port of Balboa, managed by CK Hutchison Holdings, in Panama City, Friday, Jan. 30, 2026. Cranes load a cargo ship at Panama Canal’s Port of Balboa, managed by CK Hutchison Holdings, in Panama City, Friday, Jan. 30, 2026. Cranes load a cargo ship at Panama Canal’s Port of Balboa, managed by CK Hutchison Holdings, in Panama City, Friday, Jan. 30, 2026. Cranes load a cargo ship at Panama Canal’s Port of Balboa, managed by CK Hutchison Holdings, in Panama City, Friday, Jan. 30, 2026. Cranes load a cargo ship at Panama Canal’s Port of Balboa, managed by CK Hutchison Holdings, in Panama City, Friday, Jan. 30, 2026. Cranes load a cargo ship at Panama Canal’s Port of Balboa, managed by CK Hutchison Holdings, in Panama City, Friday, Jan. 30, 2026. Cranes load a cargo ship at Panama Canal’s Port of Balboa, managed by CK Hutchison Holdings, in Panama City, Friday, Jan. 30, 2026. Cranes load a cargo ship at Panama Canal’s Port of Balboa, managed by CK Hutchison Holdings, in Panama City, Friday, Jan. 30, 2026. Cranes load a cargo ship at Panama Canal’s Port of Balboa, managed by CK Hutchison Holdings, in Panama City, Friday, Jan. 30, 2026. Cranes load a cargo ship at Panama Canal’s Port of Balboa, managed by CK Hutchison Holdings, in Panama City, Friday, Jan. 30, 2026. Cranes load a cargo ship at Panama Canal’s Port of Balboa, managed by CK Hutchison Holdings, in Panama City, Friday, Jan. 30, 2026. Cranes load a cargo ship at Panama Canal’s Port of Balboa, managed by CK Hutchison Holdings, in Panama City, Friday, Jan. 30, 2026. HONG KONG — Hong Kong’s CK Hutchison Holdings said Wednesday its subsidiary started arbitration proceedings against Panama after that country’sHutchison said it strongly disagreed with last week’s ruling, and China warned Panama would pay “a heavy price” if it persisted. Panama’s president has moved to assure the public that the ports would operate without interruption after the ruling, which advanced aHutchison’s subsidiary, Panama Ports Company, began arbitration proceedings Tuesday under the rules of the Paris-based International Chamber of Commerce, the company said in a statement., an independent body, and it’s unclear what the impact of the proceedings would be. The Panamanian president’s office and commerce ministry did not immediately respond to requests for comment late Tuesday local time.The court ruling has drawn backlash from China, and the tensions may complicate Hutchison’s plan to sell its port assets in dozens of countries to a group that includes the U.S. investment firm BlackRock Inc. The planned sale has already been caught up in tensions between Beijing and Washington. U.S. President Donald Trump, who hasOn Tuesday night, Beijing’s office overseeing Hong Kong affairs criticized the Panama court ruling as legally groundless and ridiculous, saying the ruling reflected that Panamanian authorities were bowing down to hegemonic powers. It did not specify the countries but pointed to politicians from some countries who had said they were “encouraged” by the ruling, in an apparent veiled reference to In a statement shared on social media platform WeChat, the office said that China will never bow to hegemonism and has sufficient means and tools, as well as capability, to uphold justice in the international economic and trade order. “Panama’s authorities should recognize the situation and correct their course,” it said. “If they persist in their own way and refuse to see reason, they will pay a heavy price both politically and economically!”since 1997. The awkward position Hutchison found itself in highlights the challenges Hong Kong business elites face in navigating Beijing’s expectations of national loyalty, especially during U.S-China tension. CK Hutchison is owned by the family ofto join as a significant member of the consortium under its sale plan, a move that some interpreted as way to please Beijing, but CK Hutchison hasn’t said more since.and Terminal Investment Limited, which is chaired by Italian shipping scion Diego Aponte, whose family reportedly has a longstanding relationship with Li’s. Last May, Hutchinson co-managing director, Dominic Lai told shareholders that Terminal Investment was the main investor. Panama’s government has maintained it has full control over the canal and that the operation of the ports by Hutchison does not mean Chinese control of it. But Rubio made clear that the U.S. viewed the operation of the ports as a national security issue.
Inc. Panama Canal Marco Rubio Li Ka-Shing Hong Kong Panama Courts General News Latin America Send To Apple News Central America Business World News U.S. Department Of Commerce Contracts And Orders Diego Aponte China Government Legal Proceedings Donald Trump Dominic Lai World News
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Venice Carnival canal parade opens with Olympic themeBasic
Read more »
U.S. Applauds Ruling Against China Contracts at Panama CanalSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
México Rojo destroza a Panamá y consigue su primera victoriaLos Charros de Jalisco, campeones de la Liga Mexicana del Pacífico, explotaron con un ataque de siete carreras en la tercera entrada, en ruta a una arrolladora victoria por 11-4 sobre los Federales de Chiriquí de Panamá, que debutaron con una derrota en el torneo.
Read more »
Panama Canal port control shapes U.S. security, according to expertStart your morning with The National News Desk as Jan Jeffcoat sits down with the CEO of Vintage Capital Group, Carla Sands ,to discuss the Panama Canal.
Read more »
Panama Canal port control shapes US security, according to expertStart your morning with The National News Desk as Jan Jeffcoat sits down with the CEO of Vintage Capital Group, Carla Sands ,to discuss the Panama Canal.
Read more »
Tomateros derrotan a Panamá y logran 1er triunfo en esta Serie del CaribeLos Tomateros de Culiacán, subcampeones de la Liga Mexicana del Pacífico e identificados como “México Verde” en la Serie del Caribe, superaron el martes por 2-1 a los Federales de Chiriquí de Panamá, para conseguir su primera victoria del certamen.
Read more »