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Category: BUSINESS

Posted on 18/05/2024

Hong Kong Stocks: Analysts Remain Bullish on Alibaba Despite Q4 Earnings Drop

Alibaba is a Chinese technology company widely known for its online marketplace and cloud computing business. Following the release of Fiscal Q4 results, Alibaba’s Hong Kong-listed shares declined ...

Posted on 17/05/2024

Hong Kong lawmakers approve HK$2.8 billion funding to set up semiconductor centre amid US-China tech war

Hong Kong lawmakers have approved HK$2.84 billion (US$364 million ... Officials said the facility would allow start-ups as well as small and medium-sized companies to conduct trial runs before they ...

Posted on 17/05/2024

China Says It Will Start Buying Apartments as Housing Slump Worsens

The approach is similar to the Troubled Asset Relief Program, or TARP, that the United States government established in 2008 to buy troubled assets after the collapse of the American housing market, ...

Posted on 17/05/2024

Hong Kong Shares May Head South Again On Friday

The Hong Kong stock market bounced higher again on Thursday, one session after ending the three-day winning streak in which it had ...

Posted on 17/05/2024

Is former Hong Kong leader Carrie Lam’s HK$9 million-a-year office sign of respect or ‘ridiculous’ use of public money?

Lam got her plush office in Admiralty as there was no space in building shared by former city leaders But lawmakers have questioned rising expenses of ex-leaders amid lack of clarity over roles after ...

Posted on 17/05/2024

Hong Kong civil servants ‘could get 4.65 per cent pay bump’ as city shows signs of economic recovery

Speaking in his capacity as a lawmaker representing the business sector, Exco member Jeffrey Lam Kin ... Legislator and Federation of Hong Kong and Kowloon Labour Unions chairman Lam Chun-sing urged ...

Posted on 16/05/2024

Hong Kong Hero Peter Chan Leaves His Comfort Zone With Zhang Ziyi-Led ‘She’s Got No Name’

The Cannes premiere of the movie will finish an eight-year odyssey as the director tries his hand at a film noir sure to reopen interest in one of China’s most notorious murder cases.

Posted on 16/05/2024

Future is electric for Hong Kong’s bus fleet, says world’s biggest manufacturer Alexander Dennis

The world’s largest double-decker bus maker, Alexander Dennis, said electrification is the future for Hong Kong’s bus fleet and hopes to roll out more battery-powered models for the city to meet its ...

Posted on 16/05/2024

McKinsey Is Under Criminal Investigation for Its Opioid Work

Michael Forsythe and Walt Bogdanich, authors of “When McKinsey Comes to Town,” have been reporting on the consulting firm for years. April 24, 2024 The Justice Department is investigating ...

Posted on 16/05/2024

Memo to McKinsey: Avoiding Arthur Andersen’s fate

NEW YORK, May 14 (Reuters Breakingviews) - McKinsey could use some of its own advice. After guiding the strategies of some of the world’s largest companies for nearly a century, the elite consulting ...

Posted on 16/05/2024

McKinsey Under Criminal Investigation Over Opioid-Related Consulting

The Justice Department is conducting a criminal investigation into consulting firm McKinsey related to its past role in advising some of the nation’s largest opioid manufacturers on how to boost ...

Posted on 16/05/2024

YouTube blocks videos set to Hong Kong protest anthem

Court order compelled Google subsidiary to block local access to 32 videos of Glory to Hong Kong judged to be prohibited content ...

Posted on 15/05/2024

YouTube blocks Hong Kong protest song after court injunction bans song in the city

Links to the 32 videos on YouTube will also not show up on Google Search for users in Hong Kong, according to YouTube. George Chen, co-chair of digital practice at Asia Group, a ...

Posted on 15/05/2024

YouTube blocks Hong Kong protest anthem after court injunction bans song in the city

YouTube has blocked access to videos of a protest song in Hong Kong to comply with a removal order, days after a court approved an injunction to ban the song in the city ...

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