- December 21st, 2024
Shares of SF Holding Ltd., China’s largest express delivery firm, rose in their Hong Kong debut on Wednesday, reflecting moderate investor confidence despite an uncertain market climate. The company’s listing, the second-largest in Hong Kong this year, underscores its dominance...
In a sharp rebuke of Hong Kong's role in global finance under Beijing's influence, U.S. lawmakers have expressed alarm at the city’s growing association with international financial crimes. Once heralded as a global financial hub with a foundation of free-market...
Hong Kong’s New World Development (NWD) has shifted its focus to reducing its substantial debt load, opting to hold off on mergers, acquisitions, and other activities that might strain its cash flow, Chairman Henry Cheng stated during a recent shareholders'...
Hong Kong awoke to an unexpected quiet on Thursday morning as the city’s usually bustling financial and commercial districts slowed under the shadow of Typhoon Toraji. After authorities raised the third-highest typhoon warning overnight, schools and many businesses were instructed...
Airlines across Australia, Hong Kong, India, Malaysia, and Singapore grounded flights to and from Bali on Wednesday (Nov 13), following another powerful eruption from Indonesia's Mount Lewotobi Laki-Laki, which cast an ash plume high into the sky, disrupting travel plans...
Lui Che Woo, the Hong Kong-born casino magnate whose vision helped Macao overtake Las Vegas as the world’s gambling capital, has died at the age of 95. Galaxy Entertainment, his company, confirmed that Lui passed away on November 7 in...
The Hong Kong government announced a cash reward scheme that will offer HK$3,000 (US$386) to residents who provide verified information about tenants abusing public housing privileges, resulting in the reclamation of these units. The Housing Bureau made the announcement on...
In a mixed session for Asian markets, Japanese stocks saw gains on Wednesday, while most other markets in the region fell as investors treaded cautiously ahead of the upcoming US presidential election and a pivotal Federal Reserve rate decision next...
Asian markets fell for the second consecutive day, as Wall Street paused its longest weekly rally of the year. Investor concerns over bond yields and the Federal Reserve's monetary policy triggered a broad selloff across global markets, with shares in...
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