Fitch Sounds Warning on Hong Kong Banks, Citing China Risks

Fitch Ratings Ltd. cut its assessment of Hong Kong banks’ operating environment due to the territory’s tighter links to the mainland economy. “We believe that Hong Kong’s growing connectivity with China’s economy and financial system creates ... ( read original story ...)

Hong Kong cabbie held after $140,000 left in car

A Hong Kong taxi driver has been arrested on suspicion of stealing HK$1.1 million (US$140,000) that a passenger left in his cab. The owner of a currency exchange left the bag full of cash in the taxi on her way home Sunday night, according to local ... ( read original story ...)