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Month: January 2025

Posted on 27/01/2025

Hong Kong dollar peg raises concerns as second Trump era begins

Questions about the peg -- under which the Hong Kong dollar is set at a narrow trading range of between 7.75 to 7.85 to one U.S. dollar -- aren't new. But they are growing amid fears that the currency ...

Posted on 27/01/2025

McDonald’s Hong Kong says worker sacked for sharing sensitive information online

Luke Ching says his contract as cleaner was terminated for violating company rules on posting to social media.

Posted on 27/01/2025

Will Hong Kong do better when next big public health crisis hits?

Experts confident history will not repeat itself if another pandemic strikes but say more must to be done to strengthen public confidence and healthcare services In this series of stories to mark five ...

Posted on 26/01/2025

Hong Kong’s cash-strapped Urban Renewal Authority to adjust pace of projects

Speed of redevelopments will be reviewed to improve authority’s financial position, while property companies will be given more information on projects ahead of tenders.

Posted on 26/01/2025

Hong Kong activist artist claims McDonald’s sacked him after call for mealtime pay

Luke Ching says his contract as cleaner was terminated for violating company rules on posting to social media.

Posted on 26/01/2025

New World debt turmoil rocks one of Hong Kong’s richest families

For decades, Hong Kong’s “big four” property dynasties have been viewed as cash-rich bastions of stability. A crisis of confidence at New World Development is now putting that notion to the test. Read ...

Posted on 26/01/2025

Kai Tak Sports Park in Hong Kong passes largest drill yet with over 60,000 joining

Over 60,000 people took part in a stress test at three venues and the supporting facilities of Hong Kong’s Kai Tak Sports Park (KTSP) on Friday (Jan 24) night in the largest drill yet, which, ...

Posted on 26/01/2025

European fintech firms eyeing Hong Kong as Asia base, Paul Chan says

Finance minister has wrapped up Davos trip, says leading fintech players showing interest in expanding to Hong Kong.

Posted on 26/01/2025

Hong Kong issues cold weather warning as temperatures dip as low as 8 degrees

Social Welfare Department urges families to take care of elderly relatives after Hong Kong Observatory sends out warning at around 11am.

Posted on 26/01/2025

Another 3 suspects arrested over fatal knife attack in Hong Kong’s Yuen Long

Force arrests two 22-year-old men on suspicion of murder and wounding, and 20-year-old woman over conspiracy to wound.

Posted on 26/01/2025

Once almost abandoned, remote village of Kuk Po benefits from Hong Kong gov’t tourism push

Tourists in Hong Kong are flocking to the 300-year-old village of Kuk Po, whose decaying mansions offer a respite from the city's famously frenetic pace.

Posted on 26/01/2025

This Hong Kong Newspaper Seller Is Preparing for a Yuan Crash

Currency traders looking for their next big idea could do worse than talk to Wong, who runs a news stand in Hong Kong’s Central District.Most Read from BloombergWhat Happened to Hanging Out on the ...

Posted on 26/01/2025

Face Off: Is Hong Kong losing its status as an international financial hub?

What’s more, many people are debating whether Hong Kong will lose its status as an international financial hub. I think it will unless the government drops its travel restrictions soon.

Posted on 25/01/2025

U.S. IPO Weekly Recap: Venture Global Prices A Pared-Down IPO As More Sizable Deals Join The Pipeline

Seven IPOs and one SPAC priced this past week, as more sizable issuers filed to go public in the US. Read more here.

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