Several ride-hailing firms express interest in Hong Kong licences: minister

Several ride-hailing firms have expressed interest in operating the long-awaited online platforms in Hong Kong, just one day after the government opened licence applications setting out nine requirements, the transport chief has revealed. Secretary for Transport and Logistics Mable Chan said on Saturday that two to thr

Treasury Secretary Scott Bessent announced Friday that he is working to cut off bank branches in the UAE from the U.S. financial system.

Banque Misr UAE processed about $1.8 billion over two years for some 100 companies that are potentially part of Iran's shadow banking network, Treasury said.

US Treasury Secretary and Bahraini finance minister discuss Iran sanctions US Treasury Secretary Scott Bessent in a call with Bahrain’s finance minister discussed the latest sanctions against Tehran, emphasising the "importance of sustained financial pressure on Iran’s remaining economic lifelines". The US Treas

In an effort to hobble Iran's economy, the United States earlier this week threatened to punish countries that continue to do business with Iran but said it would not impose penalties immediately.