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Posted on 05/02/2024

A company lost $25 million after an employee was tricked by deepfakes of his coworkers on a video call: police

Scammers made off with about $25 million after they used deepfake technology to trick an employee at the Hong Kong branch of a multinational company, local media reported on Sunday, citing the city's ...

Posted on 05/02/2024

Deepfake video scam: Hong Kong based company lost USD 25.6 million over video conference call

The company employees in the call looked and sounded like real people the targeted employee recognised. They followed instructions given during the meeting and made 15 transfers totalling HK$200 ...

Posted on 05/02/2024

Deepfake CFO tricks Hong Kong biz out of $25 million

Recordings of past vidchats suspected as source of fakery – so there's another class of data you need to lock down ...

Posted on 05/02/2024

Hong Kong government asks for explanation and fans are angry about not seeing injured Messi play

Hong Kong’s sports minister has reiterated the government’s call for an explanation from the organizer of a soccer match between Inter Miami and a local team following widespread disappointment over ...

Posted on 05/02/2024

HKMA says it regularly reviews mortgage stress tests

The Hong Kong Monetary Authority (HKMA) on Monday said it reviews the market regularly to see if it needs to ease stress test requirements for ...

Posted on 05/02/2024

Why Hong Kong Is Mad Over Messi

The player’s absence from the pitch during a highly-anticipated exhibition match has sparked furor from fans as well as the Hong Kong government.

Posted on 05/02/2024

Hong Kong PMI Falls Into Contraction – S&P Global

Hong Kong SAR private sector firms saw lower new business at the start of the year. This included new orders from abroad and mainland China with soft economic conditions, both domestically and ...

Posted on 05/02/2024

Hong Kong stocks start week on downbeat note as lack of meaningful government support measures and geopolitical risks weigh

Hong Kong stocks fell at the open on Monday, after the CSRC pledged to rein in wild fluctuations in the stock market, but did not provide details as to how it will revive investor confidence. US ...

Posted on 05/02/2024

Lionel Messi angers Hong Kong after sitting out match

Chinese territory had pinned hopes on Argentine football player’s appearance as it seeks to revive status as global hub ...

Posted on 05/02/2024

Exposing Hong Kong’s invisible land grab: why homeowners have few qualms breaking rules to build add-ons to luxe homes

In upscale communities and largely out of the public eye, mansion owners are suspected of adding millions of dollars in value to their homes with unauthorised structures Lax enforcement, anaemic fines ...

Posted on 05/02/2024

Why Hong Kong is again stirring the interest of Australian companies

It’s not the same as the pre-pandemic, security lockdown era, but there is still “so much opportunity here”, says chamber boss.

Posted on 05/02/2024

Hong Kong Redux: returning Australians cheered by ease of business

It’s not the same as the pre-pandemic, security lockdown era, but there is still “so much opportunity here”, says chamber boss.

Posted on 05/02/2024

Hong Kong restaurant group Cafe de Coral’s incoming CEO sets sights on HK$590 million profit record, aims to establish chain as ‘people’s canteen’

The group, which had 383 outlets in Hong Kong as of September last year ... "This trend of people going north has definitely affected our business, especially the outlets in the residential areas in ...

Posted on 05/02/2024

Hong Kong demands answers after Lionel Messi no-show for Inter Miami as David Beckham booed

Hong Kong demanded answers and expressed “extreme” disappointment after Inter Miami’s Lionel Messi failed to appear in a pre-season game in the city.

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