Massive blaze at Housing Society site in Tin Shui Wai brought under control, after marathon effort by firefighters who also deployed drones and robotsAt its peak, fire upgraded to No 4 alarm, second-h ...
Hong Kong’s ailing restaurants ask mainland Chinese operators for survival tips, call on veteran singers to strike a chord with diners
Restaurateurs say they have used every tactic to lure customers, from issuing coupons to hosting small-scale concerts amid drop in business Some have called on seasoned entertainers such as ex-TVB ...
Controversy in Hong Kong involving a Dubai prince-turned-pop star, highlights due diligence missteps
Hong Kong has been drawn into a messy situation worthy of a K-drama involving a mysterious Dubai Prince, Sheikh Ali Rashed Ali Saeed Al Maktoum, his USD 500 million investment in the city, and officials’ failure to do due diligence in ascertaining who ...
Hong Kong digital assets exchange warns over viability of city’s new crypto rules
Digital coins remain highly popular in Hong Kong despite links to a series of freewheeling practices in the past. Sam Bankman-Fried’s FTX was founded in the city, and Hong Kong was also the location of cryptocurrency group JPEX, which has been accused of committing a HK$1.4bn (US$180mn) fraud.
Deutsche Bank prepares to seize Hong Kong, mainland China business upswing while rivals retrench during IPO, deal slump
Our competitors are reducing capacity in Hong Kong and elsewhere,’ says Asia-Pacific CEO Alexander von zur Muehlen. ’That gives us a unique opportunity to operate in a kind of countercyclical way, and ...
Hong Kong Could Approve Spot Bitcoin, Ether ETFs as Early as Monday: Bloomberg
Expectations for Hong Kong to approve the ETF products are seen as one of the biggest market-moving events for the cryptocurrencies in the near term.
Stock market today: Wall Street sinks after a mixed start to earnings reporting season as oil jumps
On Wall Street, Wells Fargo was flat after swinging between gains and losses. It beat analysts' profit targets for the latest quarter in its first report since the Biden administration eased some of ...
Hong Kong to Approve Spot Bitcoin, Ether ETFs as Soon as Monday: Bloomberg
Hong Kong regulators could approve spot ETFs based on Bitcoin (CRYPTO: BTC) and ether as early as Monday, according to Bloomberg, which cited people familiar with the matter. Read the full story at ...
Resilience and reform: Hong Kong adapts to change
2023 was undoubtedly a challenging year for Hong Kong IPO activity. IPO proceeds declined for the third year in a row, falling 33 percent from US$8.5 billion in 2022 to US$5.7 billion in 2023. Hong ...
Inflation Comes for the Housing Market
The higher-for-longer inflation predicament has hit the U.S. housing market like a thunderbolt. Home prices and mortgage rates are climbing again, dashing hopes that financing costs would fall this ...
Hong Kong tycoon Jimmy Lai gave HK$1.5 million to back worldwide ad campaign to pressure city government during 2019 unrest, court told
Chan added he revealed to Simon he wanted to start a personal business and discussed the difficulties he had encountered in trying to open a Hong Kong bank account for an offshore company. “He said it ...
National Games 2025: co-host Hong Kong takes supporting role as it learns from mainland’s multisport expertise
It’s a totally different thing to organise,’ head of Hong Kong committee Yeung Tak-keung says as he reveals city will have test events and join torch relay.
Hong Kong lawmakers hit out at hefty fare increases proposed by taxi trade
Commissioner for Transport Angela Lee says authorities will strike a balance between the financial sustainability of trade and public's acceptance of fare increases Lawmaker notes the one of the ...
9,578 buildings have not complied with Hong Kong fire safety orders, with a fifth in same district as blaze-hit property
Buildings Department says 9,578 properties have failed to obey orders to improve fire safety as of December last year, with compliance rate at about 37 per cent One-fifth of those buildings are ...