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Posted on 19/09/2024

Hong Kong central bank cuts interest rate, tracks Fed move

The Hong Kong Monetary Authority (HKMA) on Thursday cut its base rate charged via the overnight discount window by 50 basis points to 5.25 per cent, tracking a move by the U.S. Federal Reserve.Hong Ko ...

Posted on 19/09/2024

Hong Kong democracy tycoon’s son warns time running out

US lawmakers on Wednesday vowed to keep up pressure to free Hong Kong pro-democracy media tycoon Jimmy Lai, whose son warned that time was running out. Lai, the founder of the now-shuttered popular ...

Posted on 19/09/2024

Hong Kong Stocks Surge on U.S. Rate Cut Hopes and Midea Group’s Upbeat Debut

Hong Kong stocks climbed in a holiday-thinned trade, driven by local property giants and an optimistic listing of Chinese home appliances maker Midea Group. The Hang Seng index increased by 237.90 ...

Posted on 19/09/2024

What’s Driving Luxury Travelers In 2024, According To McKinsey

Luxury travel is a $240 billion market, but luxury travelers may be a little different from what you think, according to a McKinsey study.

Posted on 19/09/2024

Hong Kong freshwater fish farms log 30% drop in business amid outbreak of deadly infection

Group B Streptococcus cases linked to raw freshwater fish prompt some diners to change habits, as local suppliers worry over business impact.

Posted on 19/09/2024

Hong Kong transport, catering firms urge government to keep labour import schemes

Calls at odds with union push to suspend migrant worker schemes amid exploitation claims and fears over job security and wages.

Posted on 19/09/2024

Bangladeshi man, 47, dies after being found unconscious on Cathay flight to Hong Kong

A 47-year-old Bangladeshi passenger has died after fainting on a Cathay Pacific Airways flight from Dhaka to Hong Kong. Hong Kong police said they received a report shortly after 8am on Wednesday that ...

Posted on 19/09/2024

Hong Kong woman may have been gathering laundry at window when she fell to her death

A 67-year-old woman was suspected to have fallen from her flat to her death while collecting laundry hanging near a window in Hong Kong on Wednesday. Police received a report from security personnel ...

Posted on 18/09/2024

McKinsey Study Reveals Surprising Facts About Today’s Luxury Travelers

Luxury travel is a $240 billion market, but luxury travelers may be a little different from what you think, according to a McKinsey study.

Posted on 18/09/2024

Singapore rises as ideal destination for investors fleeing Hong Kong

Singapore is set to benefit from an exodus of investment companies leaving Hong Kong, whose status as a global financial hub has been diminishing, a report has found.

Posted on 18/09/2024

Skadden Steers $4 Billion Midea Group Hong Kong Public Listing

Skadden, Arps, Slate, Meagher & Flom guided the Midea Group, alongside Jia Yuan Law Offices, on the home appliance company’s nearly $4 billion initial public offering in Hong Kong.

Posted on 18/09/2024

Hong Kong marks traditional Mid-Autumn Festival with spectacular drone show

Hong Kong authorities staged a nighttime show over Victoria Harbour featuring hundreds of drones in various colours, to mark the mid-Autumn Festival.

Posted on 18/09/2024

Where to celebrate Oktoberfest 2024 in Hong Kong

Hong Kong puts on an assortment of Oktoberfest events to keep revellers satiated. Here are the best of the Bavarian bunch in 2024

Posted on 18/09/2024

Burglars strike in Hong Kong’s Tai Po with 2 Patek Philippe watches among HK$900,000 haul

Two luxury watches worth HK$700,000, two gold necklaces valued at HK$100,000 and around HK$100,000 in cash taken from Hong Lok Yuen house.

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