Category: NEWS

Shares tumbled in Hong Kong Thursday, led by property firms, after the Federal Reserve lifted interest rates and indicated a further three hikes are likely next year. The Hang Seng Index dived 1.77 percent, or 397.22 points, to 22,059.40 at the close. ( read original story ...)

"Hong Kong rates are low relative to inflation," he said. "When US rates normalise and Hong Kong rates rise, this is good for adjusting Hong Kong’s economic structure." - Bloomberg News contributed to this story ( read original story ...)

He previously was a columnist for Reuters Breakingviews. He has also worked for the Straits Times, ET NOW and Bloomberg News. Hong Kong property investors thought they could pick up pennies in front of the steamroller called the Federal Reserve. ( read original story ...)

Expatriates in Hong Kong can expect fuller wallets in 2017 after the city slipped out of a list of the 10 most expensive cities in the world for expats. But Hong Kong is still a costly place to live compared to five years ago, according to the latest ... ( read original story ...)

A Hong Kong man who reversed his bright pink truck into a Mercedes-Benz in an act of retaliation was yesterday jailed for more than two years. Chung Yuk-po, 41, was sentenced to 20 months imprisonment for dangerous driving by District Court judge Frankie ... ( read original story ...)

A report by the Our Hong Kong Foundation also cited an overseas study which suggested the social burden of an ageing society could be even bigger than the medical cost. Rather than just providing elderly people with medical treatment, the goal of long-term ... ( read original story ...)

Shafts of light illuminate a quiet back street, boats drift along the bay and children run beneath washing lines – these candid black-and-white images of everyday life in Hong Kong have been captured with a whimsical touch. As a teenager in 1949 ... ( read original story ...)

Hong Kong’s No 2 official on Tuesday attacked Financial Secretary John Tsang Chun-wah over ­government policy a day after he resigned, in a taste of the looming showdown ahead if they face off for the city’s top job, as widely ­expected. Chief ... ( read original story ...)

Fewer companies in Hong Kong are looking to hire in the next three months compared to a year ago, although certain sectors are bucking the trend with plans to increase staffing levels over the Lunar New Year holiday. Employees in the city can also expect a ... ( read original story ...)

In a judicial review application filed at the High Court yesterday, the Hong Kong Tin Lung Trading Company claimed the decision announced by the Food and Environmental Hygiene Department on November 1 to suspend the import of hairy crabs from two farms in ... ( read original story ...)

Leung Chun-ying, Hong Kong's chief executive, speaks during a news conference in Hong Kong, China, on Friday. Photo: Bloomberg Rather than permit a free vote to allow the Hong Kong public to determine their next leader, the Communist Party's decision in ... ( read original story ...)

The Securities and Futures Commission said some 16 incidents involving in excess of $100 million unauthorized trades have been reported over the past 12 months and those cases were being investigated by police. It said brokers should review and enhance ... ( read original story ...)

As pressure in Hong Kong’s money market builds, the risks to the city’s equities and currency are mounting. Funding costs surged for a 10th day on Monday to a 2009 high as the Federal Reserve prepares to tighten monetary policy, making it more ... ( read original story ...)

The electoral race for Hong Kong's next leader is off and running, after the city's unpopular chief executive said he would step down next year. Tara Joseph reports. ( read original story ...)