Hong Kong tried on Tuesday to reset its relationship with new US President Donald Trump but sent mixed messages by also condemning "malicious" comments by his former deputy about jailed media tycoon Jimmy Lai.

Hong Kong’s leader has said he hopes to promote “positive relations” with the United States under the new administration of President Donald Trump, but warned against any attempts to interfere in the city’s political and judicial affairs.

President Joe Biden on Wednesday ordered a two-year extension of a program allowing Hong Kong residents living in the US to stay beyond the expiry of visas.

With less than a week before leaving the White House, President Joe Biden on Wednesday again shielded Hong Kongers who stay in the United States beyond the expiration of their visas from deportation.

Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump’s first full day in office amid hopes he will

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"Since June 2020, at least 200 opposition politicians, activists, and protesters have been taken into custody on politically motivated NSL charges," said President Joe Biden.

Lai also testifies that he advised a Taiwan official to enter long-term trade agreements with the US, rather than relying solely on goodwill.

Now that Hong Kong has begun to recover after the pandemic, its demand for agricultural imports is also picking up again, posing an opportunity for United States agricultural exports.

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Most Asian markets extended a global rally Wednesday as investors gave a cautious welcome to Donald Trump's first full day in office amid hopes he will take a more cautious approach on trade than initially feared.