Let me refer to a very significant piece of research that our McKinsey Global Institute has done over the ... There are another seven countries that have been long-term outperformers including Hong ... ( read original story ...)
Hong Kong leader Carrie Lam says protests have hit business like a ‘tsunami’
HONG KONG (Reuters) - Embattled Hong Kong leader Carrie Lam said on Friday the business community was very worried about the long-term consequences of protests in the Asian financial hub. ... ( read original story ...)
Hong Kong Protesters Descend on Airport, With Plans to Stay for Days
“Yet for this Hong Kong, we fight. We shall never surrender.” Sam Yang, 45, a Taiwanese businessman, waded through the crowd after arriving on a flight from the mainland Chinese city of Chengdu. He ... ( read original story ...)
Hong Kong bearing economic brunt of protests, local businesses say, as activists ready for another weekend in the streets
Protesters have brought “huge damage to the economy and to the daily life of the people,” Hong Kong chief executive Carrie Lam said, as business representatives reported that the majority of the ... ( read original story ...)
Global businesses feeling heat from Hong Kong’s protests
With another round of demonstrations kicking off Friday and due to run through the weekend, the business community is warning of more fallout from violent clashes between police and protesters. ... ( read original story ...)
Hong Kong protests: Demonstrators gather at the airport
Demonstrators have gathered at Hong Kong's airport, marking the start of three days of unauthorised rallies in the Chinese territory. Activists dressed in black sat in the arrivals hall waving banners ... ( read original story ...)
Hong Kong Airport Braces for Sit-In Protest Lasting All Weekend
Hong Kong’s Airport Authority said it was planning to bolster ... it said. The sit-in -- expected to start later Friday -- would kick off the 10th straight weekend of protests across the Asian ... ( read original story ...)
Hong Kong’s Lam Says Protests Hurt Economy More Than SARS, 2008 Crisis
Hong Kong witnessed the deepest deterioration in private sector conditions for over a decade at the start of the third quarter, according to IHS Markit. The former British colony’s purchasing manager ... ( read original story ...)
If Carrie Lam has any love for Hong Kong, she must clean up her political mess to break the cycle of violence
There must be an independent investigation into police conduct, but also an amnesty for everyone except gangsters – so Hong Kong can start afresh between protesters and police. At one end, protesters ... ( read original story ...)
Protesters occupy Hong Kong’s airport ahead of three-day sit-in
Shanghai | Hundreds of protesters occupied the arrivals hall of Hong Kong's international airport on Friday at the start of a planned three day sit-in as the city braces for its tenth consecutive ... ( read original story ...)
Adaptricity wins client in Hong Kong
Cleantech startup Adaptricity has signed an agreement with Hong Kong’s 118 years-old electric utility company to provide software for digitally monitoring power grids and help in better planning ... ( read original story ...)
Hong Kong anti-government protesters reject Beijing’s claim that an inquiry into unrest could only start if they stop taking to the streets
Anti-government protesters have vowed “no negotiation and no compromise” a day after Beijing’s top official overseeing Hong Kong affairs said one of their demands – an inquiry into the recent ... ( read original story ...)
Turmoil gives Hong Kong its best chance for badly needed political and economic reforms since 1997
From Beijing’s perspective, two red lines must not be crossed: a declaration of independence and the use of Hong Kong as a base for subversion on the mainland. Seen this way, the failed reform of 2015 ... ( read original story ...)
Asia Stocks to Start Mixed; U.S. Shares Climb: Markets Wrap
Traders remain on tenterhooks after a volatile start to August. The daily yuan fix will be closely ... Stocks The S&P 500 Index rose 1.3% on Tuesday.Futures on Japan’s Nikkei 225 gained 0.5%.Hong Kong ... ( read original story ...)