In Hong Kong, stocks rallied overnight after data showed China's industrial ... This morning's data is likely to shed light on whether the Bank of Canada (BoC) will raise interest rates on May 30 or at its subsequent meeting on July 11. ( read original story ...)
Alipay’s Push Into Western Banks’ Turf Kicks Off in Hong Kong
Alipay handled 54 percent of that, followed by Tencent’s 38 percent. Hong Kong, in contrast, already has a fully developed Western-style banking system, as well as a popular alternative, the reloadable Octopus card. The brightly colored cards are widely ... ( read original story ...)
Still waiting for the Bank of Canada’s promised real estate rebound: Don Pittis
TD Bank says the Canadian housing market will recover at the ... After moving into journalism, he was principal business reporter for Radio Television Hong Kong before the handover to China. He has produced and reported for the CBC in Saskatchewan and ... ( read original story ...)
Uber Hong Kong in talks over ‘goodwill payment’ to compensate family of dead driver
Uber Hong Kong is in talks over an ex gratia payment to the family of a driver who died last month in the city’s first fatal accident involving the ride-hailing firm, the Post has learned. Fifty-year-old Uber driver Hui Ki-wai was killed when his BMW ... ( read original story ...)
Hong Kong Bourse May Open Under Pressure On Monday
BOC Hong Kong dropped 0.62 percent, Sands China climbed 0.53 percent, AIA Group advanced 0.42 percent, Ping An Insurance shed 0.38 percent, New World Development added 0.33 percent, Hong Kong & China Gas gained 0.24 percent, Tencent Holdings was up 0.21 ... ( read original story ...)
Record-breaking heatwave hits 10th day in Hong Kong as new photos show barren reservoir where scenic hiking spot was
Hong Kong’s record-breaking heatwave pressed on for a tenth straight day on Saturday, as new Post photos showed a barren reservoir in what was usually a scenic hiking spot. Hikers who would usually make their way around the picturesque dam at the Lau ... ( read original story ...)
Shelters for distressed domestic helpers in Hong Kong face closure over lack of funds
For four years and 10 months, Surati, an Indonesian domestic helper in Hong Kong, had no mobile phone, could not visit her family back home, and was required to remain in her employer’s house unless she had to run errands. “My son has forgotten me ... ( read original story ...)
Dementia training planned for Hong Kong’s property managers and security guards in Elderly Commission initiative
Property managers and security guards in Hong Kong will get trained in handling dementia as part of a high-level government campaign to tackle the citywide problem. Revealing the plan to the Post, Elderly Commission chairman Dr Lam Ching-choi said he hoped ... ( read original story ...)
Now is the time for Hong Kong to develop technological industries, liaison office official tells local students
Xi’s move was made in his open response to an appeal by 24 of the city’s leading scientists published by the state news agency Xinhua. In its latest budget, the Hong Kong government promised HK$50 billion for supporting innovation and technology ... ( read original story ...)
Hang Seng closes down 172 points
Stocks in Hong Kong retreated Friday as most regional equity markets declined following US President Donald Trump's decision to cancel his summit with North Korean leader Kim Jong Un. The benchmark Hang Seng Index slid 0.56 percent, or 172.37 points ... ( read original story ...)
Hong Kong heatwave to continue for another five days, although isolated showers may bring relief
The past nine consecutive days of very hot weather in Hong Kong has broken the record for the month of May, with the run of high temperatures the longest since 1963 when there were eight consecutive days of the mercury rising above 33 degrees Celsius. ( read original story ...)
The last Maoists in China find refuge in capitalist Hong Kong
Hong Kong may be the heartland of capitalism but it is also the improbable last redoubt of the unlikeliest of Chinese dissidents – China’s band of Maoists. The city has become the only place where the self-proclaimed holdouts of Mao Zedong’s cause ... ( read original story ...)
Hong Kong father in neglect trial says his own abusive past prevented him from assaulting wife and children
A Hong Kong man accused of assaulting his wife and children before his seven-year-old daughter nearly died from neglect told a court on Friday that his personal experience of child abuse has deterred him from using violence. Rocky Ling Yiu-chung ... ( read original story ...)
Hong Kong aims to pile up the score and that’s bad news for Malaysia
THEY are firmly in the driver’s seat and by the time the match against Malaysia ends about 6pm Saturday, Hong Kong should be in a stronger position to play in the home and away repechage against the Cook Islands end June. Despite knowing that the team ... ( read original story ...)