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Tag: business

Posted on 08/08/2020

US to sanction Hong Kong leader Carrie Lam, others amid political upheaval

The sanctions come less than a month after President Trump signed the Hong Kong Autonomy Act to penalize authorities responsible for a broad free speech crackdown. ( read original story ...)

Posted on 08/08/2020

U.S. Sanctions Hong Kong’s Carrie Lam Over China Crackdown

The U.S. is placing sanctions on 11 Chinese officials and their allies in Hong Kong, including Chief Executive Carrie Lam, over their role in curtailing political freedoms in the former U.K. colony, ... ( read original story ...)

Posted on 07/08/2020

Hong Kong’s rich are moving gold out of the country on fears of what China’s draconian law may do to its autonomy

Hong Kong's rich are moving gold out of the capital to ward off the impact of a Draconian law, the Financial Times reported Friday. The ... ( read original story ...)

Posted on 07/08/2020

Hong Kong Offers Universal Virus Testing, With Beijing’s Help

Initially a poster child for the battle against the coronavirus, Hong Kong has seen a third wave brought in by certain business and logistic arrivals that were exempted from the compulsory quarantine ... ( read original story ...)

Posted on 07/08/2020

Hong Kong to offer free coronavirus testing for all residents

Hong Kong will offer free voluntary coronavirus testing for residents, leader Carrie Lam said on Friday, as the global financial hub races to contain a resurgence of the virus over the past month. ( read original story ...)

Posted on 07/08/2020

Hong Kong’s MTR to delay new mall opening amid new coronavirus wave, CEO says

Lohas Mall's phase one opening in Hong Kong will be postponed to a "better time" given current movement restrictions during the pandemic, says Mass Transit Railway Corporation CEO Jacob Kam. ( read original story ...)

Posted on 07/08/2020

Hong Kong should reform tax code to spur entrepreneurship amid slumps and help city catch up with regional rivals

Hong Kong’s economy contracted for the fourth consecutive quarter in the three months ended June, forcing the local government to dig deep for ideas to stanch the slump, restore confidence and restart ... ( read original story ...)

Posted on 07/08/2020

Li Ka-shing’s Rags-To-Riches Story: How Hong Kong Billionaire Made His Fortune

Forced to find work and help his family who migrated to Hong Kong from Southern China, he labored in a plastic factory at 16 years old. It was where he would learn life lessons that would become ... ( read original story ...)

Posted on 07/08/2020

Seton Hall prof: Students in Hong Kong should consider fleeing | Opinion

They should head to a freer foreign country willing to accept political refugees. If they remain in Hong Kong or any other part of China, they will have to struggle, for many years to come. ( read original story ...)

Posted on 07/08/2020

Sneaker Startup Lane Eight Disrupts The Fitness Footwear Game With Vegan Workout Shoe

Direct-to-consumer shoe brand Lane Eight is giving AllBirds a run for their money with their all sustainable performance shoe. From clicks to bricks, the omnichannel retailer is the fastest growing ... ( read original story ...)

Posted on 06/08/2020

PureVPN shuts down its Hong Kong servers to ensure utmost user privacy

Hong Kong has always been a country that was free and independent. It prided itself on having flexible laws that allowed the business community to thrive. ( read original story ...)

Posted on 06/08/2020

SGX Nifty gains over 50 points, hints at positive start for Nifty50

Hong Kong stocks opened on a positive note Thursday boosted by vaccine hopes, while there was still optimism US lawmakers would hammer out a stimulus deal. The Hang Seng Index added 0.39 percent, or ... ( read original story ...)

Posted on 06/08/2020

Dollar Drops; U.S. Stocks Rise, Asia to Start Flat: Markets Wrap

Asian stocks looked set for a muted start after three days of gains. U.S. equities earlier climbed amid encouraging news on the vaccine front and speculation lawmakers are making progress on an ... ( read original story ...)

Posted on 06/08/2020

Asian Stocks Set for Mixed Start; Dollar Retreats: Markets Wrap

Asian stocks looked set for a mixed start after three days of gains, while U.S. equities climbed amid encouraging news on the vaccine front and speculation over progress on a stimulus package. The ... ( read original story ...)

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