Hong Kong has joined China is suspending meat imports from Brazil. They are the top two consumers of Brazilian meat and have suspended imports over allegations that companies have been selling unsafe produce for years. The European Union has also said it ... ( read original story ...)
Hong Kong’s famous Peak Tram to shorten its journey by 70 metres following renovation
“We’re going to move all the people who currently queue on the road ... [and] move them in to air-conditioned comfort,” Martyn Sawyer, properties director of The Hongkong and Shanghai Hotels Limited, told the Post. “People will be undercover in ... ( read original story ...)
Hong Kong forfeits Davis Cup at Pakistan, citing security
LONDON - Citing security concerns, Hong Kong is forfeiting its Davis Cup matches against Pakistan, scheduled for next month in Islamabad. The International Tennis Federation said Tuesday that it "regrets and respectfully disagrees" with Hong Kong's ... ( read original story ...)
Hong Kong bans imports of Brazilian meat after food safety scandal
Hong Kong is the biggest market for Brazilian beef, importing US$718 million worth in 2016, according to Brazilian government figures. China is Brazil’s biggest market for beef and poultry overall. BRF, one of Brazil’s largest meatpackers said to be ... ( read original story ...)
Hong Kong tycoon Li chokes up as he reflects on economy
HONG KONG (AP) — Hong Kong billionaire Li Ka-shing has had an emotional moment as he reflected on the weak state of the financial hub's economy. The 88-year-old tycoon appeared to get choked up as he spoke Wednesday at a news conference following the ... ( read original story ...)
Big brokerage IPO requires faith in Chinese reform
HONG KONG (Reuters Breakingviews ... Shares in recently listed peers Orient and Everbright, for example, trade below their IPO price and underperform the benchmark Hang Seng Index. On the other hand, heavyweights like Haitong Securities, which listed ... ( read original story ...)
Hong Kong bans Brazil meat amid rotten meat scam
BRASÍLIA, Brazil — Brazil’s giant meat industry suffered a heavy blow Tuesday, when Hong Kong became the latest to ban imports in response to allegations of rotten meat being sold with falsified certificates. Hong Kong is the biggest market for ... ( read original story ...)
Tech IPO Goes on a Wild Ride in Hong Kong
Snap Inc., the hot then very cold IPO, could only dream of performing as well as Meitu, the maker of popular selfie apps in China. At least on the good days. Meitu, like its U.S. counterpart, is newly listed and unprofitable. The difference is Snap’s ... ( read original story ...)
Seven Hong Kong banking jobs that all pay over $2m a year
You want to make big money in Hong Kong banking. Here’s where to work. http://news.efinancialcareers.com/hk-en/276659/compliance-private-banker-asia/ In which jobs will you earn the highest base salaries in Hong Kong banking? And how much will you ... ( read original story ...)
Virgin Australia to fly Melbourne to Hong Kong from July
Virgin Australia has unveiled its new International Business Class cabin ... granting interim approval for Virgin's tie-up with Chinese carriers HNA, Hong Kong Airlines and HK Express. The alliance means passengers will be able to connect from Hong ... ( read original story ...)
Cathay Pacific Business Class is Awesome!
Hello from Asia’s World City – Hong Kong! I just flew here in Cathay Pacific Business Class from San Francisco on the Boeing 777-300ER overnight and landed in Hong Kong this morning. I redeemed Alaska Airlines miles for this Cathay Pacific flight and ... ( read original story ...)
Hong Kong’s currency issuing banks processed money laundered by Russian criminals: Organized Crime and Corruption Reporting Project
US$51 million was processed by Hang Seng Bank in Hong Kong and mainland China, the OCCRP said. The money processed by HSBC was largely routed via Hong Kong, the UK’s Guardian newspaper reported. “HSBC is strongly committed to fighting financial crime ... ( read original story ...)
Whether based in UK or HK, HSBC’s new chairman is one tough customer
Hong Kong, according to the latest analysis from the Economist Intelligence Unit, is the second most expensive city in the world to live in, beaten only by Singapore, which is in a league of its own. London, on the other hand, has dropped from sixth place ... ( read original story ...)
Hong Kong protester jailed for police assault
A Hong Kong activist who was attacked by seven police officers during mass pro-democracy rallies in 2014 was jailed Tuesday after he dropped an appeal bid. Ken Tsang was found guilty last year of assaulting and resisting officers during the "Umbrella ... ( read original story ...)