The scion of a Hong Kong real estate empire has listed his 7,600-square-foot home on Malibu’s Point Dume for $17.6 million. Billionaire heir Damien Sabella has put his Spanish-style estate up for sale ...
Asia Stocks Set to Drop as Bank Woes Hit US Shares: Markets Wrap
Shares in Asia are set to decline after Wall Street fell on renewed concern about the banking sector before a Federal Reserve decision Wednesday where policy makers are expected to raise interest ...
Hong Kong to eliminate elected seats in setback to democracy
Hong Kong’s leader on Tuesday stepped up a campaign to shut down further democratic challenges by unveiling plans to eliminate most directly elected seats on local district councils.
China property: government likely to keep market support coming as April home sales tank, say analysts
The authorities are likely to keep rolling out incentives to support mainland China’s property sector as April’s home sales look set to tank, according to analysts.
Zonos and Floship Collaborate to Bring Cross-border Technologies and Services to Ecommerce Retailers
Floship and Zonos announced today that they have partnered to provide the logistics industry’s most comprehensive ecommerce fulfillment solution that incorporates the presentation, payment, and ...
Hong Kong restaurants buoyed by 30 per cent growth over holiday weekend
Operators enjoy stronger-than-expected figures compared with same period last month as mainland Chinese tourists flock to city during holiday.
Hong Kong tax revenue drops HK$18.3 billion to HK$360.2 billion in 2022-23; decline in property and stock market activity blamed
Hong Kong’s tax revenue dropped by HK$18.3 billion (US$2.3 billion) to HK$360.2 billion in the last financial year, with the drop blamed on a dampened mood in the property and stock markets which ...
Law firm DLA Piper taps Akin Gump for restructuring head in Hong Kong
Law firm DLA Piper has hired a partner from U.S.-founded rival Akin Gump Strauss Hauer & Feld in Hong Kong to serve as its new restructuring practice leader for the Asia Pacific region, the firm said ...
Hong Kong announces fewer district council seats will be locally elected
Hong Kong City Leader John Lee Ka-chiu announced an overhaul of the district's council, with locally elected seats dropping to 20% and introducing a stringent vetting process for the candidates.
Hong Kong tax revenue drops HK$18.3 billion to HK$360.2 billion in 2o22-23; decline in property and stock market activity blamed
Latest tax income figures reverse upwards trend seen over past few years Inland Revenue commissioner says property market 'not very active' and sluggishness hit tax take for year Hong Kong's tax ...
HSBC soothes shareholders by restoring dividend as profit triples
HSBC tripled its profit in the first quarter as rising interest rates boosted its income, beating analyst forecasts and helping the bank pay its first quarterly dividend since 2019. The strong results ...
Hong Kong to slash elected seats in setback to democracy
Hong Kong’s leader has unveiled plans to eliminate most directly elected seats on local district councils, the last major political representative bodies chosen by the public
Hong Kong reports Q1 GDP growth after 2022 contraction
Hong Kong's economy grew in the first quarter of 2023, the city's leader said Tuesday, ending a disastrous year-long spell in which the finance hub was effectively closed for business due to pandemic ...
Hong Kong’s GDP rebounds 2.7% in first quarter as outlook brightens
Hong Kong's economy grew 2.7% in the first quarter of 2023, John Lee, the leader of the Asian financial hub, said in a surprise announcement ahead of Tuesday's official release of the data, to snap ...