China has detained nearly 70 Panamanian-flagged ships after a Supreme Court ruling on the Panama Canal, US officials say.Published On 29 Apr 202629 Apr 2026Bolivia, Costa Rica, Guyana, Paraguay, Trinidad and Tobago, and the United States have released a joint statement in support of Panama, while criticising Chinese economic retaliation, after a Hong Kong-based conglomerate lost a legal dispute over the management of ports on the Panama Canal.Panama’s Supreme Court in late January annulled contracts that had allowed a subsidiary of Hong Kong’s CK Hutchison to administer the Balboa and Cristobal port terminals on the Panama Canal after deeming the…

Business & Money

US policy makers have two choices: strategic engagement or a spiral into irrelevancyJust three years after entering the auto market, the Chinese tech company Xiaomi has made no effort to temper expectations. Best known for challenging Apple and Samsung on smartphones, Xiaomi is now positioning its new-generation SU7 electric sedan…

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