Category: NEWS

But what does he park in it? A business executive paid $664,000 for a parking space in his ritzy Hong Kong apartment building, according to property records, setting a new record for the city by $50,000. The South China Morning Post reports that Kwan Wai ... ( read original story ...)

Local banks have been reluctant to pass on higher costs Hong Kong’s de facto central bank followed the Federal Reserve and boosted interest rates for a third time since December, elevating the risk of a selloff in the world’s priciest housing market. ( read original story ...)

Hong Kong just set another property-price record. This time, it was for a parking space. A 188-square-foot space on Hong Kong island sold for HK$5.18 million ($664,300), or HK$27,500 a square foot, last month, newspaper Ming Pao reported Wednesday ... ( read original story ...)

A study by a Hong Kong university has found that the city’s government lags behind other Asia-Pacific jurisdictions in terms of preventing and treating chronic viral hepatitis – linked to liver cancer. Chinese University researchers surveyed 13 ... ( read original story ...)

Its property prices are famously sky-high but now a Hong Kong parking space has been sold for an eye-watering HK$5.18 million (US$664,200) in what local reports said was a world record. The space is on the first floor at a luxury apartment complex near the ... ( read original story ...)

City’s pegged currency has declined most in Asia this year Hang Seng stock index has rallied 18% amid ample liquidity The Hong Kong dollar may be sliding into the weak end of its trading band, yet money managers see no reason for stock investors to turn ... ( read original story ...)

HONG KONG Hong Kong's top court on Wednesday upheld a corruption conviction against a billionaire property tycoon, putting an end to a years-long landmark court battle that exposes the cosy ties between government officials and powerful tycoons. ( read original story ...)

The officials responsible for the missing laptops that contained the personal information of 3.78 million voters may face disciplinary action, Secretary for Constitutional and Mainland Affairs Raymond Tam Chi-yuen said on Tuesday. Releasing the results of ... ( read original story ...)

With only two weeks left on the job, Hong Kong’s leader has vowed to do his “utmost” to scrap a controversial arrangement that allows employers to dip into workers’ pension funds for severance and long-service payments. Chief Executive Leung Chun ... ( read original story ...)

Her next paycheck isn’t for a week, and she doesn’t have enough money to feed her family of four crammed into her small, government-subsidized Hong Kong apartment. Her husband can’t work, and the kids don’t understand why their mother keeps buying ... ( read original story ...)

TEAM Hawkes are in no rush to lock in a rider for Chautauqua in The Everest this spring after Tommy Berry’s bid to ride The Grey Flash in the $10 million race was rejected by the Hong Kong Jockey Club on Tuesday. Berry will join the Hong Kong jockey ... ( read original story ...)

From syringes and television sets strewn on its beaches to brimming landfills, Hong Kong is struggling to keep pace with a growing waste problem in one of the world's most densely populated cities. Landfills in the global financial hub of 7 million people ... ( read original story ...)

Hong Kong’s outgoing leader has vowed to deliver on his promise to scrap a controversial arrangement whereby bosses dip into workers’ pension funds for severance and long-service payments, although his earlier proposal had failed to please neither ... ( read original story ...)

Three heads of Hong Kong’s government – past, present and future – gave their full vote of confidence on Monday to the “one country, two systems” formula that guarantees the city’s freedoms, tracking its performance over the last two decades ... ( read original story ...)