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Posted on 13/06/2023

Hong Kong authorities endorse deal to give public servants up to 4.65 per cent pay rise

Unions voice concern over high-ranking staff only receiving 2.87 per cent increases Deal to cost taxpayers HK$5.2 billion for the year Hong Kong's public servants would receive a pay rise of up to ...

Posted on 13/06/2023

Hong Kong to unveil plan to recruit foreign labour amid shortage as business surges

The city wants to bring in at least 18,000 construction, transport and logistics workers, a local newspaper reported. Read more at straitstimes.com.

Posted on 13/06/2023

Hong Kong stocks struggle in stimulus-waiting game while confidence grows on likely Fed pause on rates

Stocks struggle to sustain a positive momentum as China appears to go slow in stimulating its economy. Chances have increased on a rate pause in the US amid signs of slowing inflation.

Posted on 13/06/2023

How this Hong Kong baker co-founded his business at age 12: Baking Maniac’s Ankrish Gidwani on his mum-and-son shop that makes desserts for Dior and Discovery Channel …

Since age 5, Ankrish Gidwani would help his mum Renuka bake at YWCA and City'super - then, in 2008 when he was 12, he started a blog that grew into his Hong Kong-based cake shop Baking Maniac To his ...

Posted on 13/06/2023

Hong Kong police arrest man over anti-U.S. graffiti at consulate

Hong Kong police arrested a man on Tuesday who spray painted anti-American graffiti on the wall and a gate of the city's U.S. consulate, police and media said. Footage from Broadcaster Now TV showed ...

Posted on 13/06/2023

Hong Kong to Unveil Plan to Recruit Foreign Labor Amid Shortage

Hong Kong will ease entry rules for foreign workers to stem a manpower shortage in the financial hub, Chief Executive John Lee said.

Posted on 13/06/2023

Hong Kong’s role as China’s only global financial hub must be cherished and protected

In the Global Financial Centres Index, Shanghai is ahead of Sydney, Seoul, Tokyo, Frankfurt and Mumbai, but still below New York, London, Singapore and Hong Kong Economic and trade power is not enough ...

Posted on 13/06/2023

Bank of China’s BOCI Issues Tokenized Securities on Ethereum in Hong Kong

BOCI offered CNH 200 million ($28 million) of structured notes, with Swiss banking giant UBS underwriting the issuance and placing with clients in Asia Pacific. This was the first time a Chinese ...

Posted on 13/06/2023

One of the 2 giant ducks floating in Hong Kong harbor deflates

A 59-foot inflatable duck floating in Victoria Harbor as part of an international art installation was reduced to a puddle of yellow plastic.

Posted on 13/06/2023

Hong Kong protesters allegedly attacked by Chinese activists in Southampton

Police investigate after footage apparently shows three men assaulting a man and a woman ...

Posted on 13/06/2023

Giant rubber duck returns to Hong Kong – with a friend

The giant bath toys were reunited after one half of the duo was briefly deinflated by organizers due to hot weather.

Posted on 13/06/2023

Google and OpenAI limit A.I. chatbots in Hong Kong amid China tensions, report says

Google and OpenAI, which has partnered with Microsoft, have restricted access to their powerful artificial intelligence chatbots in Hong Kong.

Posted on 12/06/2023

HSBC builds innovation division from the bones of collapsed SVB UK

HSBC unveiled its new HSBC Innovation Banking unit Monday, following its eleventh-hour rescue of the U.K. subsidiary of SVB in March.

Posted on 12/06/2023

Bank of China Subsidiary Issues First Tokenized Security in Hong Kong

Bank of China arm BOC International Holdings Limited (BOCI) successfully issued $27.9 million worth of digital structured notes in Hong Kong on June 12, UBS announced on Monday. While BOCI becomes the ...

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