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Luxembourg

The latest news, analysis and opinion on Luxembourg. In-depth analysis, industry insights and expert opinion.

Capital

Luxembourg City

Head of State

Grand Duke Henri

Head of Government

Prime Minister Luc Frieden

The late Prince Frederik (centre) with his older siblings Prince Alexandre and Princess Charlotte of Nassau. Photo: @polgfoundation/Instagram

Royalty

Who are Luxembourg royals Princess Charlotte and Prince Alexandre of Nassau?

Princess Charlotte of Nassau’s year began on a happy note with a new job at Chanel and her wedding to Mansour Shakarchi, but now she’s mourning the death of her ‘valiant’ 22-year-old brother.

11 Mar 2025 - 6:00AM

Banking & finance

Luxembourg can facilitate dialogue between world’s superpowers: finance minister

4 Feb 2025 - 10:43AM

Bonds

Hong Kong and Macau link bond systems to create larger market

21 Jan 2025 - 6:41PM

CK Hutchison

CK Hutchison’s Wind Tre unit faces Italian tax probe in €3.4 billion asset sale

The alleged evaded taxes would amount to about €132 million for 2022 on the sale of mobile phone towers, according to a document.

20 Dec 2024 - 11:59AM

Italy’s finance police is investigating Wind Tre, the country’s third-biggest phone company, for alleged tax evasion. Photo: Shutterstock

United States

Ex-US House speaker Pelosi has hip replacement surgery in Germany after fall

The senior lawmaker is ‘well on the mend’ after tripping at an event in Luxembourg and fracturing her hip.

15 Dec 2024 - 3:48AM

United States

Ex-US House speaker Nancy Pelosi, 84, hospitalised after injury in Luxembourg

Earlier this week, Republican leader Mitch McConnell, 82, was hurt after falling in the Capitol.

14 Dec 2024 - 2:15AM

Google

Google wins EU ads abuse case, overruling €1.5 billion fine

The EU’s Google cases marked the centrepiece of antitrust chief Margrethe Vestager’s bid to rein in Silicon Valley.

19 Sep 2024 - 10:10AM

Bonds

Hong Kong, Macau to link bond markets to foster debt finance growth

The Hong Kong Monetary Authority (HKMA) will link its Central Moneymarkets Unit (CMU) to Macau Central Securities Depository and Clearing.

16 Sep 2024 - 6:39PM

China-EU relations

EU subsidy raids on Chinese company Nuctech were legal: court

Landmark decision rejects firm’s assertion that complying with bloc’s regulation put it on collision course with mainland criminal laws.

14 Aug 2024 - 2:41PMvideocam

Tourism

19 long-distance cycling routes make exploring Europe by bike a snap

Exploring Europe by bicycle has never been easier. Cycle route network EuroVelo lists routes that criss-cross the continent, and offers a custom route planner to help cyclists create their own itineraries.

30 Jul 2024 - 5:15PM

Exploring places such as Chambord in France (above) by bicycle is made easier by cycle network EuroVelo, which offers routes that criss-cross the continent and a custom route planner that helps cyclists create their own itineraries. Photo: Shutterstock

Paris 2024 Olympic Games

Ex-Chinese table tennis teammates at Olympics 40 years on with different nations

Ni Xialian and Zeng Zhiying used to play together but never made it to the Olympics for the land of their birth.

28 Jul 2024 - 8:49AM

At 61 years old, Luxembourg’s Chinese-born table tennis player Ni Xialian is one of the oldest competitors at the Paris Olympics. Photo: Xinhua

Hong Kong racing

Champions & Chater Cup hero Rebel’s Romance set for epic clash with Auguste Rodin at Ascot

Godolphin’s last-start Sha Tin winner takes on Aidan O’Brien’s star colt in Saturday’s simulcast feature

30 Jul 2024 - 10:50AM

Banking & finance

New World’s scion Adrian Cheng lists C Capital on Swiss exchange

Cheng will sell his unit C Capital to Youngtimers, a special situation investment firm that has been listed since 2000 on the SIX exchange.

15 Jul 2024 - 7:00PM

Millionaires and billionaires

Asia-Pacific’s riches grew 177% in last 15 years, outpacing rest of world: UBS

Mainland China has 6 million millionaires, far behind the US, while Hong Kong ties Australia for third in millionaires per capita, UBS wealth report says.

11 Jul 2024 - 5:02PM

A view of the V Heun Building in Central, Hong Kong. The city boats a high concentration of US-dollar millionaires, according to UBS. Photo: Dickson Lee

Hong Kong economy

Explainer | All you need to know: mainland China permit for Hong Kong permanent residents

Eligibility for five-year travel permit not determined by number of stars on ID cards, which identify whether person’s residency is permanent.

4 Jul 2024 - 5:42PMvideocam

Non-Chinese nationals with permanent residency in Hong Kong can apply for five-year travel permits to enter the mainland from July 10. Photo: Exit and Entry Administration

Banking & finance

Open Questions | 3 mega economic trends for China and the world, EU economist says

European economist Rolf Strauch touches on climate change, demographic, geoeconomic fragmentation and financial challenges for the global economy.

9 Jul 2024 - 3:56PMvideocam

Singapore

Singapore outranks Japan for world’s most powerful passport in 2024

Singapore passport holders have the most flexibility for travel worldwide, with the ability to visit 195 countries without a visa.

29 Jun 2024 - 11:02PMvideocam

Ukraine war

Ukraine starts ‘historic’ EU membership talks amid war with Russia

The start of negotiations is a significant step for Kyiv, but many technical, legal and political hurdles lie ahead.

26 Jun 2024 - 1:09AM

Deputy Prime Minister for European and Euro-Atlantic Integration of Ukraine Olga Stefanishyna (left) listens to Belgian Foreign Minister Hadja Lahbib during a press conference at the EU Council building in Luxembourg on Tuesday. Photo: AFP

European Union

EU ministers approve US$1.5 billion Ukraine military aid using Russian assets

European Union governments agreed to use in profits from Russian frozen assets for arms and other aid to Ukraine, sparking Hungarian anger.

25 Jun 2024 - 10:44AM

Banking & finance

Macroscope | A fractious world is making much-needed IMF reforms harder

Great reforms seem to be born only out of major upheavals. And the IMF enjoys only as much power as its fractious owners are prepared to give it.

22 Jun 2024 - 5:24PMvideocam

European Union

EU nations to start membership negotiations with Ukraine, Moldova

The opening of talks sends another strong signal of solidarity with Ukraine on top of the huge financial support provided by the EU.

21 Jun 2024 - 9:41PM

A parachuter carries a European Union flag during a skydiving demonstration at the G7 summit in Italy. Leaders from the 27-nation bloc agreed last year that accession negotiations should start with both Ukraine and Moldova. Photo: AP

China-EU relations

‘Protectionism’: China slams EU tariff hikes, calls for talks to resolve EV row

Extra EU duties on Chinese EVs ‘not conducive to the EU’s green transformation’, Vice-Premier Ding Xuexiang tells climate talks in Brussels.

19 Jun 2024 - 6:28PMvideocam

Chinese Vice-Premier Ding Xuexiang with Maros Sefcovic, European Commission executive vice-president, in Brussels on Tuesday. Photo: Xinhua

China-EU relations

Top Chinese official to visit EU days after EV tariffs raise trade war risk

Vice-premier Ding Xuexiang will travel to Brussels next week as Beijing pledges to ‘deepen’ cooperation on the environment.

14 Jun 2024 - 11:50PMvideocam

European Union

EU’s Von der Leyen faces busy days to secure new term

The next few weeks will involve some hard work for Ursula von der Leyen if she is to secure another five-year term as European Commission president and therefore one of Europe’s most powerful politicians.

11 Jun 2024 - 12:45PM

China travel

Explainer | From 72 hours and up to 30 days, 5 visa-free ways to travel to mainland China

Mainland China has rolled out policies, including visa-free entry, to boost its tourism sector that was hit hard by three years of the coronavirus.

28 Jun 2024 - 9:15AMvideocam

China reopened its borders and abandoned quarantine in January 2023 after shedding three years of its zero-Covid policy. Photo: Xinhua

European Union

Slovaks and others vote in EU elections under shadow of assassination attempt

Analysts say the Slovak ruling coalition has been using the attack on PM Robert Fico ‘expediently’ to boost his party’s chances of victory.

8 Jun 2024 - 5:10PM

Citizens vote at a polling station in Komrna, Slovakia, on Saturday during the European Parliament elections. Photo: dpa

European Union

Explainer | What’s at stake in the 2024 European Union elections

Nearly 400 million European Union citizens can go to the polls over the coming days to elect members of the European Parliament, or MEPs, in one of the biggest global democratic events.

6 Jun 2024 - 3:04PM

India

‘No compromise’: India’s spice recalls put spotlight on food safety standards

Several products by Indian brands MDH and Everest in Singapore and Hong Kong were found to contain traces of harmful ethylene oxide.

28 May 2024 - 5:30PMvideocam

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