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Month: March 2024

Posted on 16/03/2024

Hong Kong Financial Regulator Adds Crypto Exchange Giant Bybit to List of ‘Suspicious’ Virtual Asset Platforms

The Securities and Futures Commission (SFC) of Hong Kong is adding crypto exchange ByBit to its list of suspicious virtual trading platforms.

Posted on 16/03/2024

Hong Kong stocks slide for third day as China holds key policy rate while housing slump persists, odds of US rate cut weaken after inflation reports

Stocks suffer from a twin blow on interest-rate front. China keeps its one-year loan facility unchanged, while stronger than expected US price reports this week undermine bets on a rate cut in the ...

Posted on 16/03/2024

This Fintech Startup Raised $27.5 Million To Bring Indonesian SMEs Online

On the back of its Series B funding round, AwanTunai aims to bolster its lending capital and risk management technology.

Posted on 15/03/2024

Hong Kong Stocks End Week With A Loss

Hong Kong stocks finished sharply lower Friday after forecast-beating US inflation data that fuelled worries about Federal Reserve interest rate cuts.

Posted on 15/03/2024

Hong Kong: Testimony from tortured witness highlights shocking nature of ongoing national security trial against Jimmy Lai

Hong Kong’s prosecutors are so desperate to convict publisher Jimmy Lai of national security crimes, that they have resorted to testimony from a “witness” who was reportedly tortured and is believed ...

Posted on 15/03/2024

McDonald’s Says System Outages Disrupting Global Stores, Including in Japan, Hong Kong

McDonald’s locations in Japan and Hong Kong are facing disruptions from reported issues with their computer systems.

Posted on 15/03/2024

China-India tunnel dispute, Hong Kong Article 23 bill unpacked, near-death experiences: SCMP’s 7 highlights of the week

From China lodging a diplomatic protest with India to a scientist studying near-death experiences, here are a few highlights from SCMP’s recent reporting.

Posted on 15/03/2024

McDonald’s battles technical woes in Australia, Hong Kong, Japan, NYT says

Customers of fast food giant McDonald's reported technical issues at its restaurants in Australia, Hong Kong and and Japan, the New York Times said, with a company spokesperson confirming the outage ...

Posted on 15/03/2024

Hong Kong exhibitions launch to honour renowned wuxia novelist Louis Cha ‘Jin Yong’ with sculptures of famous characters

Two-metre-tall statues of characters from the works of Cha, also known as Jin Yong, on display at Edinburgh Place in Central and Heritage Museum in Sha Tin.

Posted on 15/03/2024

McDonald’s Hampered by System Outages in Japan, Hong Kong

McDonald’s locations in Japan and Hong Kong are facing disruptions from reported issues with their computer systems.

Posted on 15/03/2024

Hong Kong stocks slide for third day as China holds key policy rate, odds on US rate cut weaken amid strong inflation reports

Stocks suffer from a twin blow on interest-rate front. China keeps its one-year loan facility unchanged, while stronger than expected US price reports this week undermine bets on a rate cut in the ...

Posted on 15/03/2024

Hong Kong Weighs Extending Term of Central Bank Chief Yue

Hong Kong government is considering keeping Eddie Yue as its de-facto central bank chief after his current term expires in October, according to people familiar with the matter.

Posted on 15/03/2024

Hong Kong stocks fall, China up after cenbank leaves key rate unchanged

On an annual basis, prices fell 1.4%, faster than the 0.7% drop in January and the biggest decline in 13 months. ** The CSI 300 Real Estate Index lost 0.9%, and the Hang Seng Mainland Properties Index ...

Posted on 15/03/2024

McDonald’s stores in Japan, Australia and Hong Kong hit by major IT failure

McDonald’s has been hit by a system failure in Japan, Australia and Hong Kong, with many stores forced to close and online ordering suspended.

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