China’s central bank has cut its key mortgage reference rate by a record amount, as it ramps up efforts to stem a prolonged property crisis.
China slashes mortgage reference rates to revive property market
China announced its biggest ever reduction in the benchmark mortgage rate on Tuesday, as authorities sought to prop up the struggling property market and broader economy. The 25-basis point cut to the ...
China’s Point Man on Hong Kong to Visit the City, SCMP Reports
Beijing’s top official in charge of Hong Kong will travel to the financial hub this week to solicit views on a proposed domestic security law, the South China Morning Post reported.Most Read from ...
Hong Kong: Governments Should Oppose Security Bill
National governments should strongly oppose the Hong Kong government’s introduction of so-called Article 23 national security legislation, which will further devastate human rights protections in Hong ...
Hong Kong should bolster efforts to explain offences in national security proposal, Regina Ip says amid ‘significant concerns’ voiced by EU official about bill
Regina Ip echoes call by former city leader Leung Chun-ying to step up communication on coming legislation under Article 23 of Basic Law Thomas Gnocchi, head of city's EU Office, says he's concerned ...
Messi denies political snub was behind Hong Kong no-show
Lionel Messi denied his absence from a match in Hong Kong two weeks ago that angered China was a political snub, but was caused by an injury.Some nationalist politicians interpreted Messi's absence as ...
Mainland Chinese customers spent US$7.6 billion on Hong Kong insurance policies last year, but sales to fall as ‘pent-up’ demand fades: watchdog
Policy sales have been boosted by the reopening of the mainland border, a weakening yuan and the interest rate gap between China and the United States, the Insurance Authority says.
Former Bank of China chairman indicted for bribery in nation’s long-running anticorruption drive
The former chairman of the Bank of China has been indicted on bribery charges, adding to a long list of business and government officials who have been brought down by Chinese leader Xi Jinping’s ...
Latham & Watkins bars Hong Kong lawyers from international databases
The world’s second-highest-grossing law firm has acted as data security laws in the Chinese territory look set to be strengthened.
AI and You: FCC Slams Robocalls, Google Bids Bard Farewell, Altman’s Trillion Dollar Chip Quest
You can use the FCC's online form to file a complaint about a robocall -- AI generated or not. The fake Biden robocalls, by the way, apparently originated with a Texas company, according to the New ...
Boston Faces $1 Billion Tax Deficit From Faltering Office Market
Tumbling market values for office buildings are poised to cost Boston more than $1 billion in tax revenue over the next five years, as the pitfalls of the pandemic and hybrid work continue to ...
Commentary: DeSantis should keep pushing to kick China out of Florida classrooms
For years, the FBI and public safety experts have warned that China likely uses its proximity to American schools to steal sensitive information from this nation. Ron DeSantis’ hardline ...
Singapore, Hong Kong Spac failures highlight thwarted ambitions
Singapore may have beaten Hong Kong to listing the first Spacs in January 2022, but Mak called that victory “hollow”. Three Spacs — Vertex Technology Acquisition, Novo Tellus Alpha Acquisition and ...
Messi insists Hong Kong no-show was due to injury, not politics
Argentine football star Lionel Messi insisted Monday that his absence from a match in Hong Kong two weeks ago that drew the ire of spectators was not a snub but prompted by injury.Some nationalist ...