When Hong Kong’s Epic MMA Club closed its doors this week ... “It’s like if I said let’s go and build a house but we are going to start with the second floor. It just doesn’t happen. Like, I got my son into jiu-jitsu and he loves it. ( read original story ...)
New ring to reshape how phones are used
The ring, designed by Hong Kong-based start-up Origami Labs, was inspired by Peter Wong, the visually impaired father of the firm's co-founder Kevin Wong. 'As a visual-impaired person, I rely on the software on the smartphone to read the icons, the texts ... ( read original story ...)
‘Smart’ ring to help visually impaired
The ring, designed by Hong Kong-based start-up Origami Labs, was inspired by Peter Wong, the visually impaired father of the firm's co-founder Kevin Wong. "As a visual-impaired person, I rely on the software on the smartphone to read the icons, the texts ... ( read original story ...)
Sri Lanka dominate proceedings in Hong Kong
Sri Lanka Under-20 team dominated the proceedings in the Asia Under-20 Rugby Championship which kicked off at King’s Park Hong Kong yesterday ... Sri Lanka got off to a fine start in the first game against Philippines when Avishka Lee gave them the ... ( read original story ...)
It’s a very good time to be a money launderer, and you can thank cryptocurrencies
All told, start-ups have raised more than a billion dollars this year ... according to David Tee, chief financial officer at Hong Kong-based fintech firm ANX International. As a result, he said, many of the ICO campaigns are being done with little or ... ( read original story ...)
Uber admits it rented fire-prone cars in Singapore
HONG KONG (CNNMoney) - Uber's latest embarrassing crisis involves renting out fire-prone cars to its drivers in Singapore. The ride-hailing startup has admitted it provided the faulty vehicles even though they had been recalled months earlier over a defect ... ( read original story ...)
Hong Kong’s online shoppers reminded to be vigilant as police admit they cannot help growing numbers of scam victims
Police said the new upward trend was driven primarily by the increasing popularity of online shopping in Hong Kong, rather than consumers becoming more gullible, but they said scammers are generally becoming more sophisticated. Investigators have said ... ( read original story ...)
Cathay Pacific overseas operations to be affected by ‘review’ of workforce
The review will affect 7,600 staff outside Hong Kong in more than 100 places ... a measure it said it would deploy again “from time to time”. Ellis Taylor, Asia finance editor at aviation news portal FlightGlobal, said of the cost-saving measures ... ( read original story ...)
From opium wars to HSBC, writer Maurice Collis brought Asia to vivid life
Collis also produced Wayfoong (1965), commissioned as a centenary history for the Hong Kong and Shanghai Banking Corporation, which engagingly details the bank’s establishment and first 100 years of operations. At the time, popular authors such as ... ( read original story ...)
Exclusive: China regulators plan to crack down further on overseas deals
HONG KONG (Reuters) - China plans to further tighten the screws ... On top of tightened scrutiny of deal terms, the country's foreign exchange and banking regulators are also looking to step up their monitoring of loans made by the overseas branches ... ( read original story ...)
CommBank ATM scandal syndicate linked to the biggest ice haul in WA history
One of the money laundering syndicates linked with the Commonwealth Bank compliance scandal worked with drug smugglers who imported methamphetamine worth $315 million, the largest ice seizure in West Australian history. The Hong Kong-linked syndicate used ... ( read original story ...)
Another strong month of hiring sends stock indexes higher
Bank of America climbed 60 cents ... the Nikkei 225 index in Japan fell 0.4 percent while South Korea's Kospi added 0.4 percent. The Hang Seng in Hong Kong edged up 0.1 percent. ( read original story ...)
CBA heads to court over money laundering allegations
AUSTRAC alleges in this case that by April 2015 the bank had identified "repeated, suspicious and connected" patterns of deposits but still permitted the transfer of money to accounts in Hong Kong. Anti-money laundering laws in Australia require the ... ( read original story ...)
Asia stocks edge higher, dollar languishes on U.S. politics, mixed data
China's blue-chip CSI 300 lost 0.3 percent, while Hong Kong's Hang Seng gained 0.1 percent ... and held near that level on Friday, after the Bank of England's policymakers kept interest rates at a record-low 0.25 percent. "The unsavory combination of ... ( read original story ...)