Hong Kong Investment Corp (HKIC), the government’s investment arm, on Tuesday appointed 10 asset managers spanning venture capital, private equity, private credit and hedge funds to oversee at least HK$3 billion (US$385 million) under its enhanced cash-for-residency scheme. HKIC said in a statement that the new batch of managers for the investment portfolio under the…
Funds advised by Munich based investment firm EMH Partners, have announced that they have completed a significant minority investment in DIGITEC, the market standard for FX Swaps pricing technology and workflow automation. The founding Joost family will retain majority ownership of DIGITEC and will continue to lead the company. Financial terms of the transaction were…
The Seduction Episode 4 release date and time are just around the corner. The previous episode focused on the aftermath of Isabelle de Merteuil’s abortion, as she is tormented by nightmares of a crying child. Meanwhile, Count Gercourt rushes to arrange a marriage with Cécile for his gains, but Valmont and Isabelle have plans to disrupt his…
Getty Images An Italian mayor has apologised to the family of opera star Luciano Pavarotti after the town of Pesaro encased a statue honouring the late singer within a Christmas ice rink. The singer’s widow, Nicoletta Mantovani, told local media that she was “angry and upset” at what she called the decision to “ridicule” her…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Hong Kong’s stablecoin hub dreams have reportedly taken a hit after the People’s Bank of China (PBOC) singled out the sector for the first time while reaffirming its long-standing position on the crypto industry. Beijing’s Latest Warning Targets Stablecoins Legal experts and…
Video shows speed fire spread in Hong Kong high-rise Hong Kong’s leader John Lee has ordered the creation of an independent committee to investigate the cause of a devastating fire that killed at least 151 people. Last Wednesday, seven of eight tower blocks at the Wang Fuk Court housing complex – which had been undergoing…
With six matchdays until the 2025-26 Premier League season is even halfway through, we look at every team’s run of games up to the new year. We’ve all been talking about title races, relegation fights and European challenges for weeks now, but should we be? Well, yes, because football would be dull without doing so,…
NEW DELHI, Dec 2 (Reuters) – Russian President Vladimir Putin starts a two-day visit to India from Thursday, pitching for more sales of Russian oil, missile systems and fighter jets in a bid to restore energy and defence ties hit by U.S. pressure on the South Asian nation. Russia has supplied arms to India for…
Mayeni JonesBBC Africa correspondent Ali Ngwane / BBC Farmers like Mary Penge, 41, say their crop soil has been contaminated by the toxic spill Even before the dam collapsed, Lamec did not feel safe working at the copper mine. “If our work protective gear gets damaged, it is not always replaced,” he tells us. “We…
Hong Kong’s leader has warned that authorities will not tolerate any attempts to sabotage relief efforts for residents affected by the city’s deadliest fire in decades, after national security police made arrests for alleged sedition related to the blaze. Chief Executive John Lee Ka-chiu on Tuesday also pledged to roll out systemic reforms and said…