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Posted on 07/12/2022

Yesterday’s Dollar Recovery Questioned Today

Most large bourses in Asia-Pacific fell. China’s The STOXX 600 is off almost 0.5% and US futures are a little softer. Most G10 currencies are a little stronger today. Read more ...

Posted on 07/12/2022

Hong Kong to end subsidies for 5G deployments

OFCA said that over 160 applications have been approved under the 5G subsidy scheme, covering various industries and sectors.

Posted on 07/12/2022

Hong Kong aviation hub recovery to take ‘considerable time’, airlines still reluctant to return to city over unpredictable Covid-19 curbs, head of IATA warns

'The damage to the status of Hong Kong as a hub has been very significant,' Willie Walsh says, adding airlines are 'fed up' with changing rules Restoring confidence in city not just about the easing ...

Posted on 06/12/2022

Live news: UK construction growth slows as mortgage rates hit housing market

The EU, alongside the US, UK and other western allies, has already imposed eight packages of sanctions against Russia, targeting scores of banks, defence companies, oil and gas producers and other ...

Posted on 06/12/2022

New get-tough policy on refugee appeals against deportation orders comes into force in Hong Kong

'Updated removal policy' introduced on Wednesday without fanfare; government says it will end abuse of appeals system But human rights lawyers warn of 'potential violations' of right not to be ...

Posted on 06/12/2022

Central Bank Prospects Drive Asian Equities Lower

Asian stock markets largely fell back on Tuesday after strong US economic reports again set the stage for more rate hikes from the US Federal Reserve. The Reserve Bank of Australia also raised rates ...

Posted on 06/12/2022

Google Faces Pressure in Hong Kong Over Search Results for National Anthem

Google is under fire from officials and legislators in Hong Kong over a pro-democracy song showing up in search results for the national anthem.

Posted on 06/12/2022

Hong Kong police shut down money-laundering syndicate suspected of processing HK$168 million through 100 bank accounts

According to the force, HK$27 million came from 354 cases of deception, including online employment scams Police urge members of the public not to lend or sell their bank accounts or e-wallets to ...

Posted on 06/12/2022

Geely-Backed Cao Cao Said to Pick Banks for Hong Kong IPO

Cao Cao Mobility, a Chinese ride-hailing firm backed by Zhejiang Geely Holding Group Co., has picked banks for its planned Hong Kong initial public offering, according to people familiar with the ...

Posted on 06/12/2022

Hong Kong police hunt for 4 men who lured toy shop owner into bogus deal and fled with HK$50,000 Mickey Mouse figure

Thieves snatched four boxes of the figure, but only made off with one after they had to abandon their getaway taxi and struggled with seller Owner hit on chest with hammer by one of the perpetrators A ...

Posted on 06/12/2022

Sunshine Insurance Is Said to Consider Pricing HK IPO at Bottom

Sunshine Insurance Group Co. is leaning toward pricing its Hong Kong initial public offering at the bottom of its marketed range, according to people familiar with the matter.

Posted on 06/12/2022

China’s Sunshine Insurance to raise US$863m in Hong Kong IPO, say sources

CHINA’S Sunshine Insurance Group plans to price its shares at HK$5.83 (S$1.01) each in its Hong Kong initial public offering to raise US$863 million, according to two sources with direct knowledge of ...

Posted on 06/12/2022

Hong Kong’s livi bank, FWD General Insurance launch home insurance plan

Those who avail of the plan can enjoy insurance coverage of up to HK$5m. Hong Kong virtual lender livi bank and FWD General Insurance have jointly launched Easy HomeCare, a home insurance plan. The ...

Posted on 06/12/2022

In Pictures: Hong Kong officials, courts, public observe 3 minutes of silence for late Chinese leader Jiang Zemin

Hong Kong lawmakers, courts and hospital staff observed three minutes of silence in memory of late Chinese leader Jiang Zemin on Tuesday morning, as Jiang’s memorial service took place in Beijing. The ...

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