Category: BUSINESS

Hong Kong said Tuesday that it would not seize the superyacht of a Russian oligarch who is under Western sanctions. ( read original story ...)

In July, LVMH said a tourist boom in Europe and resilient US sales helped the owner of Louis Vuitton post higher-than-expected revenue for the second quarter, but the group’s momentum slowed after ... ( read original story ...)

Unilateral sanctions have “no legal basis” in Hong Kong and the city will not seize the $521 million superyacht linked to a Russian steel tycoon docked in its harbor, chief executive John Lee said. ( read original story ...)

Hong Kong's leader says he will implement only United Nations sanctions, not U.S. ones, after a yacht linked to a Russian tycoon docked in the city. ( read original story ...)

Hong Kong's leader laughed off US sanctions against him Tuesday (Oct 11) as he defended his government's decision not to act against a superyacht reportedly owned by a Kremlin ally. The Nord - a US$50 ... ( read original story ...)

Hong Kong leader John Lee said on Tuesday there was "no legal basis" for the city to act on Western sanctions, when asked about a Russian yacht berthed in the financial centre that belongs to a ... ( read original story ...)

A U.S. State Department spokesperson said in a statement Monday that “the possible use of Hong Kong as a safe haven by individuals evading sanctions from multiple jurisdictions further calls into ... ( read original story ...)

The economy may be showing many signs of contraction right now, but many companies still need to do business internationally. Airwallex, the Hong Kong/Australia startup that provides cross-border ... ( read original story ...)

Russian companies shut out of Western financial capitals are exploring Hong Kong as an alternative, stoking concern among US officials that the Asian hub will become a haven for businesses sanctioned ... ( read original story ...)

The one-year Master of Science in Metaverse Technology programme is set to kick off next September, according to Hong Kong Polytechnic University Last ... what is necessary to "pursue careers in start ... ( read original story ...)

Shares in the Asia-Pacific fell on Monday, with Hong Kong stocks leading losses. The Hang Seng index fell more than 2% in early trade, with the Hang Seng Tech index down 3.17%. In mainland China, the ... ( read original story ...)

Airlines have been eager to increase flights to Hong Kong since the city stopped requiring arriving travellers to undergo compulsory quarantine last month, but many operations cannot be rushed. The ... ( read original story ...)

Peter Churchouse of Portwood Capital says expect continued weakness in the Hong Kong property market as the "very negative sentiment" will probably continue over the next six to 12 months. ( read original story ...)

The US warned Hong Kong that assisting sanctioned individuals could threaten its status as a financial hub, after a megayacht linked to one of Russia’s richest men docked in the city’s harbor. Most ... ( read original story ...)