Hong Kong wants to become a global gold vault. Does the Iran war create an opening?

The US-Israeli war on Iran has unleashed sharp swings across global energy and financial markets, fuelling demand for safe-haven assets, with Hong Kong emerging as a potential beneficiary across gold, property and capital markets. In the first of a three-part series, we examine Hong Kong’s bid to position itself as Asia’s bullion hub. War in the Middle East has intensified global demand to diversify gold storage, creating a strategic window for Hong Kong to tap its unique status and evolve from a busy trading conduit for the precious metal into…

Donald Trump predicts meeting with Xi Jinping will be ‘special’ ahead of China visit

Hours after Iran declared the Strait of Hormuz had reopened, Trump posted on social media: “China’s President Xi is very happy that Strait of Hormuz is open and/or rapidly opening; I look forward to meeting Xi. “Our meeting ‌in China will ‌be a special ⁠one and, potentially, Historic. I ⁠look forward to being with President ‌Xi – ‌Much will be accomplished!” Advertisement Trump was originally scheduled to travel to China at the end of March, but the visit was postponed until May 14 and 15 because of the US-Israeli war…