Tag: news

Hong Kong could face bigger financial risks and see its credit ratings drop further with its growing involvement in China’s plan to open up trade along a new Silk Route, according to the writer of a report issued by Moody’s, which downgraded the city ... ( read original story ...)

A plane veered off the runway at Hong Kong International Airport today after heavy rainstorm lashed the city. The plane, reported to have carried 141 passengers and crew on board, skidded onto the grassy area as it was taxiing to the gate. Two passengers ... ( read original story ...)

Hong Kong ground to a halt on Wednesday as the black rainstorm signal was issued for the first time this year, bringing downpour and flooding that left cars submerged and shop staff scrambling for sandbags to keep out rising water. A surreal scene captured ... ( read original story ...)

HONG KONG Moody's Investors Service downgraded Hong Kong's local and foreign currency issuer ratings just hours after it cut China's credit ratings for the first time in nearly 30 years. The U.S. ratings agency downgraded Hong Kong's rating to Aa2 from Aa1 ... ( read original story ...)

HONG KONG -- Hong Kong police launched a fresh crackdown Tuesday on Uber, arresting 21 drivers suspected of working for the ride-hailing giant in the Asian financial centre. It's the latest regulatory headache for Uber, which already is fighting a similar ... ( read original story ...)

Britain’s top diplomat in Hong Kong condemned the terrorist attack on Manchester that left 22 people dead as a “barbaric act” as he signed a book of condolences on Wednesday paying tribute to the victims. Consul-general Andrew Heyn said the people of ... ( read original story ...)

Mainland Chinese stocks fell on the news, but investors in Hong Kong were more sanguine. "The current market euphoria is a concern for contrarians," wrote Hong Hao, head of research at BOCOM International. "Hong Kong's risk premium is plunging to its ... ( read original story ...)

Hong Kong police launched a fresh crackdown Tuesday on Uber, arresting 21 drivers suspected of working for the ride-hailing giant in the Asian financial centre. It's the latest regulatory headache for Uber, which already is fighting a similar case in Hong ... ( read original story ...)

Hong Kong police launched a fresh crackdown Tuesday on Uber, arresting 21 drivers suspected of working for the ride-hailing giant in the Asian financial center. It's the latest regulatory headache for Uber, which already is fighting a similar case in Hong ... ( read original story ...)

HONG KONG Hong Kong police on Tuesday arrested 21 Uber drivers for illegal car-hiring as part of an ongoing clamp down against Uber Technologies Inc's operations in the Asian financial city. The arrests marked the latest upset for the San Francisco-based ... ( read original story ...)

Hong Kong leader Leung Chun-ying should testify before the legislature if he wants to argue his case over cash he took from an Australian company, said the head of the committee looking into the payments. Paul Tse Wai-chun, chairman of the Legislative ... ( read original story ...)

Hong Kong airline Cathay Pacific Airways said Monday it's laying off nearly 600 staff at its headquarters as it faces rising competition from rival carriers and tough business conditions. The airline said it plans to axe about 190 managers, or a quarter of ... ( read original story ...)

The plight of the low-paid in Hong Kong has been laid bare by the Latte Index – a new indicator developed by an academic that measures how many cups of coffee the lowest paid can afford to buy. Professor Paul Yip Siu-fai, of the University of Hong Kong ... ( read original story ...)

About 50 per cent of Hong Kong parents and adult children living under a single roof clash at least once a week, a survey by a family care group has found, with issues such as allowance, division of household chores, and lack of privacy among the main reasons. ( read original story ...)