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Month: June 2021

Posted on 21/06/2021

Apple Daily to Suspend Paper If Hong Kong Accounts Stay Frozen

Apple Daily later this week if authorities don’t allow access to its bank accounts, and will make a final decision on Friday, the pro-democracy newspaper reported on Monday. In an internal memo at the ... ( read original story ...)

Posted on 21/06/2021

Hong Kong’s Pro-Democracy Newspaper Apple Daily May Halt Operations This Week

Apple Daily may have to halt its online and print operations as early as Saturday if its publisher Next Digital continues to be blocked by the government from accessing its financial assets. ( read original story ...)

Posted on 21/06/2021

Hong Kong’s Apple Daily newspaper says it may shut down

Hong Kong pro-democracy newspaper Apple Daily says its board of directors has asked authorities to unfreeze some assets so that it can pay salaries ... ( read original story ...)

Posted on 21/06/2021

Ex-Morgan Stanley Traders Turn Crypto Startup Into Unicorn

A group of former Morgan Stanley traders has turned their cryptocurrency venture into a unicorn by bringing Wall Street strategies to the brave new world. ( read original story ...)

Posted on 21/06/2021

Hong Kong’s Biggest Pro-Democracy Newspaper Likely to Shut Down This Week After National Security Law Raid

Hong Kong’s moves to arrest owner Jimmy Lai and target Apple Daily editorial staff have alarmed foreign governments and human rights groups. ( read original story ...)

Posted on 21/06/2021

Hong Kong to Cut Quarantine Time for Vaccinated Travelers

Hong Kong will shorten mandatory hotel quarantine to seven days for fully vaccinated residents traveling from most places, as well as non-residents inoculated against Covid-19, in a significant easing ... ( read original story ...)

Posted on 21/06/2021

Hong Kong’s pro-democracy paper Apple Daily will close ‘in days’ after its assets were frozen under ‘national security’ law: Staff fear for safety after receiving …

The closure of Apple Daily will undermine Hong Kong's reputation as an open society and send a warning to companies that may be accused of colluding foreign countries, warn media groups. ( read original story ...)

Posted on 21/06/2021

Global banks in Hong Kong push to get staff back to office

A Citigroup spokesman said 75% of the bank's staff were in the workplace in Hong Kong. JPMorgan plans to reach 75% office occupancy in the coming weeks and Bank of America, which until recently had ... ( read original story ...)

Posted on 21/06/2021

HK’s Apple Daily Could ‘Shut Within Days’

Last Thursday, some 500 police officers raided the offices of Apple Daily in Hong Kong, saying its reports had breached the national security law. ( read original story ...)

Posted on 21/06/2021

Hong Kong’s pro-democracy newspaper Apple Daily could shut within days, top advisor says

Hong Kong authorities have frozen the assets of companies linked to Apple Daily. Its top executives and its founder have also been arrested. ( read original story ...)

Posted on 21/06/2021

Hong Kong stocks end lower after Fed’s surprise turn

Hong Kong stocks fell on Monday, largely in line with other Asian markets, as investors pondered the implications of the U.S. Federal Reserve’s surprise hawkish shift last week. ** At the close of ... ( read original story ...)

Posted on 21/06/2021

Former Morgan Stanley traders raise $100m to turn crypto startup into unicorn

After a successful fundraiser, Amber Group, a Hong Kong-based cryptocurrency startup founded by former Morgan Stanley traders, has raised $100 million, scoring a pre-money valuation of $1 billion. ( read original story ...)

Posted on 21/06/2021

China, Hong Kong stocks fall after Fed’s surprise turn

China and Hong Kong stocks fell on Monday, tracking other Asian markets, as investors continued to ponder the implications of the U.S. Federal Reserve’s surprise hawkish shift last week. ** The CSI300 ... ( read original story ...)

Posted on 21/06/2021

EXCLUSIVE-HK’s Apple Daily to shut within days, says Jimmy Lai adviser

Hong Kong pro-democracy newspaper Apple Daily will be forced to shut "in a matter of days" after authorities froze the company's assets under a national security law, an adviser to jailed owner Jimmy ... ( read original story ...)

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