Hong Kong's stock exchange operator said on Monday its 2016 net profit fell 27 percent due to a decline in fees generated by stocks and metals trading on the bourse as it struggled to match stellar volumes seen during 2015's record rally. Hong Kong ... ( read original story ...)
Five Hong Kong think tanks make it to list of region’s top 90
Five Hong Kong think tanks have made it onto a list of the top 90 in the region compiled by a US university – two more than in the same study last year. But the highest spot occupied by one of the city’s think tanks was only 60th place, taken by Our ... ( read ...
SoftBank nears deal to invest $3 billion in U.S. startup WeWork: CNBC
TOKYO/HONG KONG (Reuters) - Japan's SoftBank Group Corp is close to making an investment in U.S. office-sharing startup WeWork expected to be worth over $3 billion, CNBC reported on Monday, as it expands its reach beyond tech and telecoms. ( read original story ...)
SoftBank nears deal to invest US$3 bln in US startup WeWork: CNBC
TOKYO/HONG KONG: Japan's SoftBank Group Corp is close to making an investment in U.S. office-sharing startup WeWork expected to be worth over US$3 billion, CNBC reported on Monday, as it expands its reach beyond tech and telecoms. Led by founder Masayashi ... ( read original story ...)
Hong Kong newspaper Sing Pao calls police after senior employee’s home splashed with red paint
Chinese-language newspaper Sing Pao Daily News called the police on Sunday after the home ... the travel document that enables Hong Kong residents to travel to mainland China. The newspaper said late last week that it received a large number of nuisance ... ( read original story ...)
Elderly homes operator Pine Care targets Hong Kong expansion, entry into high-end market
“They both have backgrounds in the property market and appreciate our business model. We will possibly have some synergy in the future,” Yim said,. Pine Care will for now focus solely on the Hong Kong market as it will not be easy to settle on a ... ( read original story ...)
The Jay Kim Show Episode #5: Marina Bay
Marina Bay is the intrepid co-founder of BeFast.TV, a Hong Kong-based media company devoted to helping entrepreneurs and startups succeed by documenting stories of success and failure through video. Marina brings her energetic and curious nature to the ... ( read original story ...)
Ex-Hong Kong leader gets 20 months in prison for misconduct
HONG KONG — Former Hong Kong leader Donald Tsang has been ... The BrainBot, a brain-scanning technology developed by tech startup PotBotics, enables physicians to pick a marijuana strain that is most suited for their patients' needs. ( read original story ...)
Exclusive: RBC reviews Asia wealth business for possible sale – sources
HONG KONG/TORONTO Royal Bank of Canada, the country's biggest lender, has put its Asian wealth management business under review, which could lead to its sale, four people familiar with the matter told Reuters. The Canadian bank's move comes after several ... ( read original story ...)
Exclusive: Royal Bank of Canada reviews Asia wealth business for possible sale – sources
HONG KONG/TORONTO Royal Bank of Canada (RBC) (RY.TO), the country's biggest lender, has put its Asian wealth management business under review, which could lead to its sale, four people familiar with the matter told Reuters. The Canadian bank's move comes ... ( read original story ...)
Refugees who sheltered Snowden now live in fear in Hong Kong
They kept their story secret until going public last year. Edward Snowden's Hong Kong lawyer, Robert Tibbo, who also represents the asylum seekers, told a news conference on Thursday that he has received information from "multiple sources" that members of ... ( read original story ...)
Hong Kong family in hospital, residents evacuated after a bedtime cigarette sets off blaze
Residents of a Wong Chuk Hang block of flats were evacuated Friday morning after a man accidentally lit his own bed on fire while trying to smoke a cigarette. The 41-year-old man, his elderly parents and their domestic helper were all taken to Ruttonjee ... ( read original story ...)
China property firms buy Hong Kong land piece for record price
HONG KONG Feb 24 Two mainland Chinese property companies snapped up a piece of Hong Kong residential land at a record-breaking price on Friday, highlighting once again the territory's skyrocketing real estate prices. Unicorn Bay (Hong Kong) Investments ... ( read original story ...)
Hong Kong police hasten to contain diplomatic embarrassment over remarks comparing convicted officers to persecuted Jews
Senior Hong Kong police officers are scrambling to snuff out a growing ... A video by Chinese-language news outlet Apple Daily recorded him saying to the crowd: “It’s like we’re now in the second world war. We are Jews facing the persecution of ... ( read original story ...)