Tag: business

Calls from laid off Cathay Pacific Airways Ltd. pilots began arriving at OKAY Property Agency Ltd. not long after the Hong Kong airline announced one of the biggest job cuts in global aviation. ( read original story ...)

The outlook for exports and imports by air continues to be clouded by the ongoing US-China tensions, but sentiment has recovered to pre-coronavirus pandemic levels, according to a quarterly survey of ... ( read original story ...)

The Hong Kong stock market has finished higher in five straight sessions, surging more than 630 points or 2.7 percent along the way. The Hang Seng Index now rests just above the 24,785-point plateau ... ( read original story ...)

When she ran a company that sold American clothing labels in China, textile heiress Veronica Chou was a globe-trotting executive who made headlines for her socialite lifestyle and lavish 2012 wedding ... ( read original story ...)

Why are so many of the city's institutions, such as the Star Ferry, and old buildings in the city green? Because it was cheap. ( read original story ...)

China's Ant Group was named for the small insect because it serves "the little guys." Now, its IPO could overtake the world's most established banks. ( read original story ...)

Who owns Ant Group? How large is the IPO? Hangzhou Junhan and Hangzhou Junao hold 29.86% and 20.66 (50.52%) of total shares. Those entities are owned by Hangzhou Junao, of which Jack Ma owns 34% along ... ( read original story ...)

After falling to about CAD1.3080 yesterday, the greenback reversed and closed near session high's around CAD1.3150. Some follow-through action lifted it almost CAD1.3180 in Asia before it came off and ... ( read original story ...)

The bank's "serious lapses" and deficiencies in management supervision contributed to the mishandling of 1MDB funds, the financial regulator said. ( read original story ...)

China stocks declined while the Hang Seng Index saw a late rebound amid market volatility and US stimulus impasse before the November 3 presidential election. Cathay Pacific surrendered all of ... ( read original story ...)

Hong Kong's markets watchdog on Thursday fined Goldman Sachs's Asian business $350 million for its role in Malaysia's 1MDB scandal, the largest single fine ever levied by the regu ... ( read original story ...)

Hong Kong’s securities regulator has fined Goldman Sachs’s Asia business a record $350m for serious deficiencies in risk compliance and money laundering controls in relation to Malaysia’s 1MDB. The ... ( read original story ...)

Hong Kong’s consumer prices contracted for a third month in September, matching the longest deflationary stretch in more than a decade largely because of government relief measures to combat the ... ( read original story ...)

In August 2020, Karina Tsui traveled back from New York to her native Hong Kong, where she had to quarantine in a hotel for two weeks. Here's what went down. ( read original story ...)