Hong Kong’s Monetary Authority has published a report on phase 1 of its CBDC pilot. The report said an e-HKD could add unique value to the payments ecosystem, but further investigation is needed. A ...
‘I reached for gum and felt my gun’: Hong Kong court acquits US politician over airport firearms charge
A Hong Kong court has dropped charges against an American politician who turned himself in to customs authorities for bringing a gun into the city’s airport in what he called “an honest mistake”.
Hong Kong police seize ketamine worth HK$100 million in mini-storage centre raid, marking largest single haul of drug this year
Officers also arrest 30-year-old man and allegedly find 250 grams of ketamine in his possession Syndicate used plant growth agent to conceal narcotic, which was smuggled into Hong Kong from Southeast Asia,
Hong Kong’s main pro-democracy party shut out of local elections
No candidates from Hong Kong's main pro-democracy party will be allowed to contest upcoming local elections, the party said, after a new, Beijing-backed nomination process closed on Monday.Pro-democracy parties won the last district council elections in 2019 in a landslide,
Hong Kong sentences four to 2 years in prison for praising knife attack on police officer
Four former Hong Kong student leaders were sentenced to two years in prison on Monday for inciting violence after earlier pleading guilty to praising the knife attack on a police officer in 2021 as ...
HKMA says Hong Kong digital currency pilot points to ‘tremendous impact’ on banking, financial services
HKD, Hong Kong’s central bank digital currency, could help to settle payments quicker and be more cost effective for businesses, a pilot trial has shown.
Firearms Charge Against Washington State Sen. Jeff Wilson Dismissed In Hong Kong Court
A Hong Kong court has dismissed a charge against a Washington state senator arrested after he carried a gun into the Chinese territory.
Hong Kong to help finance Northern Metropolis project with pilot land exchange scheme
Owners can keep land earmarked for new town and build according to zoning uses, but they will be required to pay premium, development chief Bernadette Linn says 'If more land owners can participate and act in accordance with the government's plan,
Hong Kong HKU Students Sentencing
The sign for the Wan Chai Distict Court where the sentence for four former University of Hong Kong student leaders were handed down in Hong Kong, Monday, Oct. 30, 2023. Four former student leaders from the University of Hong Kong have been sentenced to two ...
Hong Kong court dismisses firearms charge against Wash. state senator
A Hong Kong court acquitted a state Republican senator who was charged with a firearms offense last week after he was arrested at the Chinese city's international airport with an unloaded gun in his carry-on luggage.
Over 3,000 Hong Kong civil servants disciplined for misconduct in past 5 years, with number dismissed in 2022 almost double yearly average
Civil service chief Ingrid Yeung also rules calls for flexible working hours and childcare leave for staff 'We are actually more generous than those in private organisations regarding the holidays that civil servants can enjoy and the maximum number of leaves,
Hong Kong students jailed for ‘glorifying’ attack on police
Four former student leaders of a Hong Kong university were jailed for two years Monday for inciting others to wound police after they "glorified" a knife attack on an officer, said a judge.Several days later,
HSBC launches $3 billion buyback, profit disappoints on rising costs
HSBC on Monday reported a fresh $3 billion share buyback and a more than doubling of third-quarter profit that nonetheless missed forecasts as spending on technology and operations grew and inflation ...
HSBC plans US$3 billion share buyback, CEO touts capital strength
I think we are at the bottom of the market, but it will take quite a while for that market to recover and regain momentum' ...