On a recent morning in an industrial zone near Hong Kong’s bustling cargo port, a white MG electric taxi glided into a narrow kiosk resembling a car wash. A hydraulic lift elevated the vehicle, ...
UK start-up Barocal wins US$1 million TERA-Award for green energy innovation
The award, which is in its fourth year, has been set up by Hong Kong tycoon Peter Lee Ka-kit to find green solutions to tackle climate change UK-based start-up Barocal, which specialises in energy ...
Official data show record-high company registration figures in Hong Kong
Hong Kong has logged record-high company registration figures, with close to 1.5 million local firms registered in the city as of June, according to the latest official data. The number of non-Hong ...
Wells Fargo’s business in China, where senior executive faces an exit ban
Wells Fargo has suspended all travel to China after a banker was blocked from leaving the country, a source said, bringing the U.S. bank's operations in the world's second-largest economy into focus.
Hong Kong medtech start-up scoops top prize at 2025 EQT Impact Challenge
Four finalists pitched breakthrough inventions at this year’s grand finale with healthcare innovators Syngular Technology emerging as winners.
Hong Kong stocks hit 3-year high after US indexes refresh record highs
S&P 500 and Nasdaq Composite hit new highs overnight, propelled by robust economic data and upbeat corporate earnings.
Hong Kong virtual insurer Bowtie Life raises US$70 million in third funding round
Bowtie Life Insurance, the city’s first virtual insurer, on Friday said it raised US$70 million in its third funding round from existing shareholder Sun Life, its largest such effort since its ...
Hong Kong’s April-June unemployment holds steady at 3.5%
Hong Kong's seasonally adjusted unemployment rate held steady at 3.5% in April to June compared with the previous three-month period, with unemployment mainly in the construction, food and beverage ...
Hongkong Post suspends the postal service for items … – Fox Business
Hongkong Post said Wednesday they will not be collecting any "so-called tariffs on behalf of the US" and they are suspending service of postal items containing goods shipped to the US.
Hong Kong stocks rise as China steps in to curb EV sector competition
At a meeting chaired by Premier Li Qiang on Wednesday, authorities pledged to curb ‘irrational competition’ in the EV sector.
Hong Kong’s $32 billion pile of bad debt spurs talks to form ‘bad bank’
Hong Kong’s banks are coming under increasing pressure to offload loans backed by real estate assets. Read more at straitstimes.com. Read more at straitstimes.com.
MiniMax, the ‘world-class’ AI start-up lauded by Jensen Huang, applies for Hong Kong IPO
MiniMax aimed to raise between HK$4 billion and HK$5 billion, but its deal size and valuation could change depending on market conditions, Reuters said.
Ex-McKinsey Partner Sentenced in Obstruction Case
The consultant had deleted records involving McKinsey’s role in pushing OxyContin sales and driving the opioid crisis.
Consulting firm McKinsey to pay $650 million to resolve US opioid …
McKinsey & Co has agreed to pay $650 million to resolve charges over advice it provided Purdue Pharma on how to "turbocharge" sales of its addictive painkiller OxyContin, the U.S. Department of ...