Panama officials search CK Hutchison's subsidiary office, source says [Yahoo! Finance]
CK HUTCH HLD LTD UNSP/ADR (CKHUY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
on Thursday, according to a person familiar with the operation, escalating a rift over control of two key ports in the strategic waterway. The search ?comes amid growing U.S.-China rivalry over global trade routes that has deepened tensions between Washington and Beijing and embroiled CK Hutchison's Panama Ports ?Company (PPC), which until recently held contracts to operate two terminals at the Panama Canal's Pacific and Atlantic entrances. The raid on PPC did not relate to last month's government decision to annul deals that gave ?the company control of the two canal ports in Panama, the source said. The person declined to be identified because the information had not yet been made public. "This is an independent investigation carried out exclusively by the Public Ministry of Panama in the exercise of its legal powers," the Panamanian government said in a statement without naming CK Hutchison as the target of the raid. Before the raid, Panama's President Jose Raul Mulino sa
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News
- A Look At CK Hutchison Holdings (SEHK:1) Valuation After Recent Share Price Moves [Yahoo! Finance]Yahoo! Finance
- 2 Panama Canal ports have dragged Panama into a tussle between superpowers [Los Angeles Times (CA)]Los Angeles Times
- CK Hutchison's subsidiary decries Panama's "invasion" of property [Yahoo! Finance]Yahoo! Finance
- 2 Panama Canal ports have dragged Panama into a tussle between superpowers [Yahoo! Finance Canada]Yahoo! Finance Canada
- 2 Panama Canal ports have dragged Panama into a tussle between superpowers [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The