Private home prices in Hong Kong rose 0.5% in January, the eighth consecutive month of increase, strengthening signs of a housing recovery as analysts forecast prices to jump at least 10% this year, Reuters reported. Home prices edged higher in January from December on improved economic sentiment, Rating and Valuation Department data showed on Wednesday, following a revised 0.4% increase in December. Residential prices in Hong Kong, among the world's least affordable cities, climbed 3.7% in 2025, the first increase since they peaked in 2021.
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Panamanian President Jose Raul Mulino said on Thursday that the concession of contracts to operate two ports held and operated for nearly three decades by Hong Kong's CK Hutchison Holdings will "never again" be issued to a single company, Reuters reported. Panama's Supreme Court last week nullified CK Hutchison's contract to operate two ports along its strategic canal through its Panama Ports Company subsidiary, ruling that the contracts violated the Central American nation's constitution by giving the company exclusive privileges and tax exemptions.
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A top court in Panama ruled on Thursday that a lucrative port contract held by a Hong Kong company was unconstitutional, a decision that will most likely deepen tensions between the United States and China in Latin America, the New York Times reported. The decision against the company, CK Hutchison, could eventually clear the way for U.S. and European companies to operate the strategically important ports. Last year, President Trump backed a deal that would have transferred control of the Panamanian ports and many others to a group led by a large American financial firm.

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