Big banks such as JPMorgan Chase, Bank of America and Citigroup have reportedly reduced staff in Asia including Hong Kong. And UBS's US$3.2 billion rescue of smaller Swiss banking rival Credit Suisse ...
‘We were like a family’: Hong Kong’s traditional shops are fading as ageing owners struggle to keep businesses alive
Until last November, two of his sons helped to keep the business going. Now his sons are returning to Canada, but Chow will remain in Hong Kong. "I feel so proud that the cafe supported our family all ...
Hong Kong store takes down Patrick Amadon art supportive of pro-democracy protesters
A Hong Kong department store has taken down a work of glitch art made by Patrick Amadon, who snuck messages of support for pro-democracy protesters into the video animation. Amadon, based in Los ...
How auction houses Christie’s, Sotheby’s and Phillips in Hong Kong are expanding, and what it means for buyers
though there will be a preview in Hong Kong from March 23 to 26. And Bill Zhao Xu, founder of Chinese auction business Yongle Culture, says he will exercise caution over his Covid-delayed plans to ...
Fading out of sight: Hong Kong’s street hawkers are dwindling, ageing, in danger of disappearing
Au is one of Hong Kong's last itinerant hawkers ... she said her job helped her provide for their two sons and three daughters. Business slowed down over the years, she said, and almost all her ...
Hong Kong traffic accident leaves 87 people injured
A Hong Kong traffic accident involved four passenger buses and a truck that collided on Friday. A taxi that carelessly changed lanes left 87 people injured, including children.
Hong Kong property: In One, Grand Jete post bumper sales as homebuyers rush back after banks held mortgage rates unchanged
The long queues were a welcomed sight for Hong Kong's developers and sales agents, as rising interest rates combined with the Covid-19 pandemic to knock the city's property bull market off its footing ...
Former Hong Kong leader CY Leung urges city to heed country’s call to keep up with digital economy developments
Former chief executive invites stakeholders to attend China's digital summit next month Innovation and technology sector must play their part in 'aligning Hong Kong with the national digital economy ...
Singapore closes gap with Hong Kong on pricey business trips
TOKYO -- Asian cities that fully reopened earlier than others after the COVID-19 pandemic saw a rise in business travel expenses, according to a study recently released by British human resources ...
MSR Financing, Marketing, Appraisal, DPA Products; Fannie, Freddie Changes; EU Central Bank News
I got stuck in a conversation with some wealthy people and one woman asked me how my investments were doing. I replied that both avocadoes should be ripe by tomorrow.” Food prices are an everyday ...
Bank collapses are just the start of the world’s financial woes – indebted businesses will be next
These bank runs will be followed by an epidemic of corporate bankruptcies ... in the Association of Southeast Asian Nation members as well as China (including Hong Kong), Japan and South Korea since ...
A Mansion in Hong Kong’s Exclusive Peak Neighborhood Poised to Set a Price Record
The current unit price record for a residential property in Asia was set in 2021, when an apartment at a development called Mount Nicholson sold for HK$140,800 per square foot, or a total of HK$639.8 ...
American’s artwork paying secret tribute to protesters is removed in Hong Kong
Patrick Amadon, the Los Angeles-based artist behind the work, said its removal illustrates the shrinking space for free expression in the Chinese territory.
HSBC tells investors to reject proposals by unhappy minority shareholders on dividends, restructuring
"A meaningful restructuring or spin-off of our Asia businesses would present material complexity, have high execution risks, take many years, and be very costly," HSBC said in a Hong Kong stock ...