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Category: BUSINESS

Posted on 29/07/2020

Hong Kong economy contracts 9% in latest quarter

Hong Kong’s economy shrank by 9% from a year earlier in the latest quarter, hurt by the coronavirus pandemic and facing more potential damage from the loss of U.S. trade ... ( read original story ...)

Posted on 29/07/2020

Tokyo, Sydney Aim to Lure Edgy HK Financial Firms, but Singapore a Top Draw

High taxes and costs, bloated bureaucracies and cultural differences in some of these Asia-Pacific nations present formidable challenges for the Hong Kong financial institutions to relocate even ... ( read original story ...)

Posted on 29/07/2020

Hong Kong University sacks veteran democracy activist

The University of Hong Kong (HKU) on Tuesday sacked veteran pro-democracy activist Benny Tai from his tenured position as an associate professor of law, a move he called "the end of academic freedom" ... ( read original story ...)

Posted on 29/07/2020

A Hong Kong real-estate tycoon wants to build a new city in Ireland for 50,000 emigrants fleeing China’s crackdown

Nextpolis would house 50,000 emigrants from Hong Kong on a 31.07 square mile site located between Dublin and Belfast. ( read original story ...)

Posted on 29/07/2020

Benny Tai: Hong Kong university fires professor who led protests

The university governing council's decision to dismiss Mr Tai goes against a previous ruling by its senate, which said while Mr Tai had committed misconduct, there were insufficient grounds to dismiss ... ( read original story ...)

Posted on 29/07/2020

Your guide to dining and drinking in Hong Kong during the city’s dine-in ban

Keep up to date with the latest information on the city's F&B operations, takeaway and delivery promotions, and how to support the industry during these challenging times. ( read original story ...)

Posted on 28/07/2020

Hong Kong was a pandemic poster child. Now it’s a cautionary tale.

A new coronavirus outbreak and tougher restrictions are drawing scrutiny of quarantine exemptions that experts say have jeopardized earlier progress. ( read original story ...)

Posted on 28/07/2020

Alibaba Hong Kong Entrepreneurs Fund Launches JUMPSTARTER 2021 Global Pitch Competition

Alibaba Hong Kong Entrepreneurs Fund today kicked off JUMPSTARTER 2021 Global Pitch Competition (JUMPSTARTER 2021), its annual signature startup event, ... ( read original story ...)

Posted on 28/07/2020

Hong Kong security law: China hits back in extradition row

"Therefore China has decided that the Hong Kong special administrative region will suspend its agreements of surrendering fugitive offenders and of mutual assistance in criminal m ... ( read original story ...)

Posted on 28/07/2020

Hong Kong’s new tech index an ‘important development,’ says Morgan Stanley

Morgan Stanley's Jonathan Garner discusses Hong Kong's new "Nasdaq type" index, and how emerging markets are shaping up amid the coronavirus pandemic. ( read original story ...)

Posted on 28/07/2020

Hong Kong-based EMQ raises $20 million for its cross-border financial settlement tech

Cross-border financial transactions are a major headache for individuals and large companies alike, who often have to deal with long wait times and high fees in order to send money to recipients in ... ( read original story ...)

Posted on 28/07/2020

‘Already Punished’: Acquitted Hong Kong Protest Couple Rebuild

Henry Tong and Elaine To were preparing to spend their first wedding anniversary in separate prison cells -- until their acquittal for rioting during Hong Kong's pro-democracy protests. There were ... ( read original story ...)

Posted on 28/07/2020

A lawyer who helps ultrawealthy families get secondary citizenships says business is booming in 2020 — and not just because of the coronavirus

Wealthy Americans are already looking to the election and are prepared to "vote with their feet" if taxes go up. ( read original story ...)

Posted on 28/07/2020

Asian Stocks Set for Muted Start; Gold Steadies: Markets Wrap

Asian stocks looked set to for a muted start to trading Tuesday after their U.S. counterparts closed higher on speculation the Federal Reserve will reinforce its dovish message. Gold steadied at a ... ( read original story ...)

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