HONG KONG (Reuters Breakingviews ... The views expressed in this article are not those of Reuters News. ( read original story ...)
Hong Kong police hunt for trio who robbed couple in house at knifepoint
Police are treating the case as theft. Hong Kong’s most expensive residential areas, including The Peak and Repulse Bay, have been targeted by burglars this year. In the first eight months of the year, some 1,179 reports of burglaries across the city ... ( read original story ...)
Regina Ip revives divisive issues, including Article 23, as she enters Hong Kong chief executive race
Lawmaker and former minister Regina Ip Lau Suk-yee on Thursday announced her intention to revive two of Hong Kong’s most contentious political issues – democratic reform and national security legislation – as she launched her campaign for the city ... ( read original story ...)
Hong Kong Property Shares Turn Toxic as Mortgage Costs Spike
Hong Kong’s property developers are fast falling out of favor among investors as surging mortgage costs and punitive taxes threaten to choke home sales. A gauge of real estate companies traded on the city’s stock market has tumbled 13 percent this ... ( read original story ...)
Hong Kong stocks plunge on Fed rate hike woe
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 hikes borrowing costs after Fed move
"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 ...)
Hong Kong Property's Fed Blues
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 ...)
Hong Kong gets cheaper for expats as city falls to 11th most expensive in global survey
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 ...)
Hong Kong truck driver jailed for using vehicle as tool for retribution, causing HK$260,000 in damages
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 ...)
Hong Kong urged to think of ways to fund long-term elderly care
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 ...)
Spellbinding images reveal the magic of Hong Kong in the 1950s (and they were shot by a teenager)
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 Chief Secretary Carrie Lam on the offensive as leadership race looms
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 Hong Kong firms plan to hire staff and pay rises set to be modest in early 2017
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 ...)
Hong Kong trader seeks judicial review over hairy crab ban
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 ...)