Hong Kong reasserts role as safe haven in global finance amid Middle East turmoil
The US-Israeli war on Iran has unleashed sharp swings across global energy and financial markets, fuelling demand for safe-haven assets, with Hong Kong emerging...
Singapore tycoon sues banks for US$1 billion from collapse of Australian NewSat
In the early 2010s, a small Australian company tried to build a fleet of satellites before lenders, concerned about its chief executive officer’s flamboyant...
China’s C919 sees delivery delays in 2026, with 3 units shipped in 3 months
Deliveries of China’s home-grown C919 narrowbody airliner, billed to challenge mainstream models from Boeing and Airbus, appear to be delayed, with only three units...
South Korea targets India, Vietnam in ‘co-prosperity’ push for trade and tech
Bolstering strategic partnerships and economic ties will be high on the agenda during South Korean President Lee Jae Myung’s six-day trip to India and...
Why the Northern Metropolis needs more than one big push
Hong Kong’s government is under mounting pressure to deliver the Northern Metropolis, announced in 2021, as it approaches the end of its term –...
China woman returns to hometown to raise 60,000 venomous snakes, earns US$146,000 annually
A young Chinese woman who returned to her hometown to raise more than 60,000 venomous snakes and earns more than a million yuan (US$147,000)...
20 Hong Kong couples get triple baby bonus of HK$60,000 each but disbursement lags
Twenty Hong Kong couples have each received baby bonuses totalling HK$60,000 (US$7,700) for having three children in about 2½ years. Yet less than 60...
Toys ‘R’ Us game-changer: ‘kidults’, compact shops fuel pivot as Hong Kong retail evolves
Hong Kong-headquartered Toys ‘R’ Us Asia has pivoted to an experience-focused format and smaller stores in the city following an expansion programme that sought...
China warns strong El Nino this year may worsen global fossil fuel crisis
This year’s El Nino could increase the global demand for fossil fuels and worsen the price rises caused by the Iran crisis, Chinese government...