B-movie veteran Dennis Law’s films are so consistently dire as to be entertaining in an ironic way. A Murder Erased, about a cold-case killing, fits the pattern and reminds us what an incompetent ... ( read original story ...)
Going for a night out? What you need to know about Hong Kong’s new Covid rapid-test rule for bars and clubs
Hong Kong bar-goers will have to show photos of a negative rapid antigen test (RAT) result taken in the previous 24 hours before entry to licensed premises from Thursday. But industry representatives ... ( read original story ...)
Incoming Hong Kong leader John Lee relies mostly on incumbent officials to fill ranks of his governing team
Hong Kong’s incoming leader John Lee Ka-chiu is one step closer to finalising his cabinet line-up, opting for continuity by retaining at least nine incumbent officials while bringing on board six ... ( read original story ...)
$2 billion earmarked for Hong Kong’s innovation and tech sector
This year marks the 25th anniversary of Hong Kong's reunification with China. Over the last five years, Hong Kong has invested almost $2 billion into its innovation and technology sector. AI and ... ( read original story ...)
Hong Kong Filmmakers Build New Homes, Festivals Overseas
To Hong Kong documentary filmmaker Ngan Chi-sing, seeking asylum in the U.K. is going to be one of his priorities in the coming year. That’s because he has made a film about the 2019 protests that he ... ( read original story ...)
Bank of Israel, BIS, Hong Kong cenbank to test retail CBDC feasibility
Israel's central bank said on Thursday it was teaming up with the Hong Kong Monetary Authority and the Bank of International Settlements' (BIS) Innovation Lab to test the feasibility of a central bank ... ( read original story ...)
Hong Kong braces for capital outflow after 75-basis point base rate increase in lockstep with US Fed
The Hong Kong Monetary Authority (HKMA) increased the city's cost of money in lockstep with the Federal Reserve's biggest one-time increase in 28 years, taking a step to follow global central banks in ... ( read original story ...)
Hong Kong raises key rate by 75 basis points in lockstep with Federal Reserve hike as finance chief warns of capital flight
Financial Secretary Paul Chan says the US rate rise will lead to more capital outflow from Hong Kong, but the city's banking system has enough liquidity to defend the stability of the local financial ... ( read original story ...)
Hong Kong Sells More U.S. Dollars to Defend Currency Peg
Hong Kong has sold more foreign-exchange reserves to maintain its longstanding peg to the U.S. dollar, taking its total outlay this year to $7.24 billion. ( read original story ...)
HSBC leaves its best lending rate unchanged after HK central bank rate hike
will leave its prime lending rate unchanged in Hong Kong at 5% even after Hong Kong's central bank raised its base interest rate, Reuters reported Thursday. The Hong Kong Monetary Authority ... ( read original story ...)
Hong Kong c.bank raises base rate following Fed, banks stand pat
The Hong Kong Monetary Authority (HKMA) raised on Thursday its base rate charged through the overnight discount window by 75 basis points to 2%, hours after the U.S. Federal Reserve delivered a rate ... ( read original story ...)
Yahoo launching Metaverse events for Hong Kong residents under restrictions
US-based internet media company Yahoo has announced the launch of a series of Metaverse projects in Hong Kong just one day after Meta Platforms, announced plans for virtual tech in the island city as ... ( read original story ...)
In These New Textbooks, Hong Kong Was Never a British Colony
The books are part of China’s effort to instill a particular historical narrative and to stress patriotic education in a city where a pro-democracy movement was crushed. ( read original story ...)
Hong Kong braces for capital outflow after 75-basis point base rate increase in lockstep with US Federal Reserve
Hong Kong's financial secretary and de facto central banker both said the city's banking system has enough liquidity even if they brace for capital outflows The city's commercial banks are keeping ... ( read original story ...)