HONG KONG -- HSBC Group will halt remittance services to and from Russia and Belarus for its corporate clients next month as financial institutions respond to Western sanctions over the Ukraine war, ...
Hong Kong’s Historic Storm Could Cost City at Least $100 Million
Hong Kong’s worst torrential rain since 1884 could cost the city more than $100 million, according to a Bloomberg Intelligence estimate.
Hong Kong halts morning trading as ‘black rainstorm’ warning takes effect
This is Hong Kong's first black rainstorm warning since 2021, with severe flooding in many parts of the city. Schools have been cancelled and the government is calling on employers to let their staff to work under flexible arrangements.
Hong Kong Shuts Down City After Heaviest Rainfall On Record
Hong Kong’s heaviest rainstorm since records began in 1884 flooded the financial hub’s streets and sent torrents of water rushing through subway stations, bringing much of the city to a standstill and ...
Mainland visitors drive FWD Hong Kong’s new business sales and count in H1 2023
Its new business sales count also climbed 34%. In the January to June period, FWD Hong Kong saw its new business sales to Mainland China visitors surged by 88 times compared to the previous year, ...
Hong Kong paralyzed by flash flooding after heaviest rainfall since 1884
Record-breaking rainfall in Hong Kong caused widespread flash flooding across the financial hub on Friday, with many businesses and schools forced to shut, just days after the city was battered by a ...
Hong Kong closes schools as torrential rain floods streets, subway station
Hong Kong has closed schools and halted trading on the stock exchange as torrential rain lashed the city overnight, flooding streets in parts of the city and an underground subway station ...
Hong Kong shuts down city, halts stock market trade after heaviest rainfall on record
Hong Kong’s heaviest rainstorm since records began in 1884 flooded the financial hub’s streets and sent torrents of water rushing through subway stations, bringing much of the city to a standstill and ...
Hong Kong hit by widespread flash flooding after heaviest rainfall since 1884
Record-breaking rainfall in Hong Kong caused widespread flash flooding across the financial hub on Friday, with many businesses and schools forced to shut, just days after the city was battered by a ...
Asia markets poised for mixed open ahead of Japan’s trade balance; Hong Kong may pause trade
Hong Kong's observatory issued a "black rain" warning, which sees the pre-opening session cancelled and morning trade likely to be limited.
Hong Kong and Shenzhen fintech industry groups hold joint event as they seek to boost ties and innovation across the GBA
The FinTech Association of Hong Kong and the Shenzhen FinTech Association have started working together for the first time as GBA opportunities loom.
Extreme rain in Hong Kong turns city streets into raging rivers
A record 158.1 mm of rain fell in Hong Kong between 11 p.m. and midnight, the most in an hour since records began in 1884.
Hong Kong Science Park opens branch in Shenzhen as neighbouring cities move forward with collaboration on tech hub
The new branch in Shenzhen is one of the first Hong Kong projects in the Hetao zone, which will take the lead in serving hi-tech companies, as the two cities work on building a global hub.
Hong Kong should cut stamp duty by more than half for homeowners who are not first-time buyers: city’s largest political party
Democratic Alliance for the Betterment and Progress of Hong Kong says authorities should cut stamp duty from 15 per cent to 6 per cent for non-first-time homebuyers.