Tag: business

Hong Kong building services firm Analogue Holdings Ltd said on Tuesday it will sell 2% of New York-based Transel Elevator & Electric Inc., cutting the 51% stake it agreed to buy only a few months ago ... ( read original story ...)

AFTER YEARS of a slow, drip-drip, China is now rushing at high speed to end Hong Kong’s legendary freedom and independence. President Xi Jinping appears to have decided that, with a new national ... ( read original story ...)

As Hong Kong began to absorb the gravity of a new national-security law forced upon it by Beijing, Carrie Lam, Hong Kong’s chief executive, told a reporter that the city’s residents needn’t worry. The ... ( read original story ...)

The value of TikTok’s parent company, ByteDance, is reportedly under pressure nearing the either forced sale or ban of its most valuable asset. ( read original story ...)

The Hong Kong business tycoon Jimmy Lai has been arrested along with other pro-democracy and media figures, raising fears of a broad crackdown by China. Mr Lai's Apple Daily newspaper offices were ... ( read original story ...)

The Dow Jones Industrial Average rallied on Monday even amid uncertainty over a new coronavirus stimulus package. ( read original story ...)

Lam’s statements—and the Hong Kong government’s actions—during the height of the city’s prodemocracy protests last year struck those supportive of the movement as half-measures that came too late to ... ( read original story ...)

Hundreds of police officers also stormed the newsroom of his pro-democracy media outlet, Apple Daily, rummaging through documents on journalists' desks as Lai was led through the ... ( read original story ...)

Stocks opened flat on Monday after President Donald Trump signed several executive orders aimed at extending coronavirus relief. ( read original story ...)

Lai, a former billionaire and outspoken critic of Beijing, is the most high profile figure to be arrested since the law was passed in June. ( read original story ...)

Hong Kong media tycoon Jimmy Lai became the highest-profile arrest under a new national security law on Monday, detained over suspected collusion with foreign forces as around 200 police searched the ... ( read original story ...)

China imposed sanctions on 11 U.S. citizens including legislators on Monday in response to the U.S. imposition of sanctions on 11 Hong Kong and Chinese officials accused of curtailing political ... ( read original story ...)

A visit by the Health Secretary to Taiwan and potentially severe restrictions on the use of WeChat by American companies and their counterparts follow on measures to sanction officials in Hong Kong, ... ( read original story ...)

CNBC's Eunice Yoon reports a developing story out of Hong Kong where police have arrested outspoken Beijing critic Jimmy Lai and his sons in the highest profile use of the new national security law. ( read original story ...)