Hong Kong is playing a unique role as the gateway for Canadian business in Asia and beyond, according to a senior business executive. Philip Witherington, chief financial officer of Manulife, a ... ( read original story ...)
Hong Kong rejects U.S. sanctions on Russian-owned superyacht
HONG KONG (AP) — Hong Kong’s leader John Lee said Tuesday he will only implement United Nations sanctions, after the U.S. warned the territory’s status as a financial center could be affected if it ... ( read original story ...)
Hong Kong says it will not seize superyacht of Russian oligarch
Hong Kong chief executive says they will ‘comply’ with UN sanctions but not unilateral sanctions imposed by invidual jurisdictions ... ( read original story ...)
Hong Kong refuses to seize sanctioned Russian superyacht
Hong Kong said Tuesday that it would not seize the superyacht of a Russian oligarch who is under Western sanctions. ( read original story ...)
Live news updates: Asia markets follow US lower on interest rate and China tech curb fears
In July, LVMH said a tourist boom in Europe and resilient US sales helped the owner of Louis Vuitton post higher-than-expected revenue for the second quarter, but the group’s momentum slowed after ... ( read original story ...)
Hong Kong Refuses U.S. Calls To Seize Sanctioned Billionaire’s Docked Superyacht
Unilateral sanctions have “no legal basis” in Hong Kong and the city will not seize the $521 million superyacht linked to a Russian steel tycoon docked in its harbor, chief executive John Lee said. ( read original story ...)
Hong Kong dismisses U.S. sanctions on Russian-owned superyacht
Hong Kong's leader says he will implement only United Nations sanctions, not U.S. ones, after a yacht linked to a Russian tycoon docked in the city. ( read original story ...)
Hong Kong leader says he ‘laughs off’ US sanctions
Hong Kong's leader laughed off US sanctions against him Tuesday (Oct 11) as he defended his government's decision not to act against a superyacht reportedly owned by a Kremlin ally. The Nord - a US$50 ... ( read original story ...)
Hong Kong leader says “no legal basis” to act on Russian superyacht
Hong Kong leader John Lee said on Tuesday there was "no legal basis" for the city to act on Western sanctions, when asked about a Russian yacht berthed in the financial centre that belongs to a ... ( read original story ...)
Hong Kong nixes US sanctions on Russian-owned superyacht
A U.S. State Department spokesperson said in a statement Monday that “the possible use of Hong Kong as a safe haven by individuals evading sanctions from multiple jurisdictions further calls into ... ( read original story ...)
Airwallex raises $100M to power cross-border business banking, valuation stays flat at $5.5B
The economy may be showing many signs of contraction right now, but many companies still need to do business internationally. Airwallex, the Hong Kong/Australia startup that provides cross-border ... ( read original story ...)
Russian Firms Turn to Hong Kong in Bid to Avoid Sanctions
Russian companies shut out of Western financial capitals are exploring Hong Kong as an alternative, stoking concern among US officials that the Asian hub will become a haven for businesses sanctioned ... ( read original story ...)
Hong Kong’s PolyU launches city’s first metaverse postgraduate programme
The one-year Master of Science in Metaverse Technology programme is set to kick off next September, according to Hong Kong Polytechnic University Last ... what is necessary to "pursue careers in start ... ( read original story ...)
Hong Kong tech stocks drag market down 2%; Asia markets drop
Shares in the Asia-Pacific fell on Monday, with Hong Kong stocks leading losses. The Hang Seng index fell more than 2% in early trade, with the Hang Seng Tech index down 3.17%. In mainland China, the ... ( read original story ...)