Hong Kong Exchanges and Clearing (HKEX) has unveiled its biggest listing reforms since 2018, broadening its special listing regime for innovative companies and opening the door for smaller and more diverse firms to list in the city, the bourse operator said on Friday. HKEX proposed lowering the minimum threshold for companies to list under the…
The average number of aspiring Hong Kong taxi drivers taking a crucial industry test each month has increased by nearly 30 per cent following the launch of a simplified version of the assessment last year, the transport minister has said. Secretary for Transport and Logistics Mable Chan also said on Saturday that the government was…
Hong Kong’s decision to end tax breaks for private electric cars has sparked a rush to the showrooms, with some residents even selling their eligibility for the incentive scheme. A car dealer told the South China Morning Post on Thursday that sales had surged seventeen times, adding that one customer broke into tears just after…
More swings hit Wall Street on Friday, except the U.S. stock market finished higher this time. After bobbing up and down through the morning, the S&P 500 took off and rallied nearly 2% before finishing with a gain of 1%. The Dow Jones Industrial Average climbed 493 points, or 1.1%, and the Nasdaq composite rose…
HONOLULU (HawaiiNewsNow) – Designers, models, and fashion enthusiasts from around the world are set to attend a prestigious fashion show Sunday to show off their latest collections. The Hawaii Fashion Show is set to take place at the Neal S. Blaisdell Center. Doors open at 5 p.m., and the main show is scheduled for 6…
After nearly a year waiting to meet US President Donald Trump, Australian Prime Minister Anthony Albanese sought to argue his country’s strategic value Monday – only for the “America first” leader to dominate the encounter by opining that Beijing had no plans to invade Taiwan and posed no real threat in the Indo-Pacific. “China doesn’t…
A wartime bomb unearthed in Hong Kong’s Quarry Bay neighbourhood was “very likely” to have been dropped by the US military on April 2, 1945, with its explosive power “practically intact” because of high production standards, experts have said. The 1,000lb (454kg) bomb that included 227kg of TNT explosives was found on Friday at a…
Hong Kong’s jobless rate remained at 3.7 per cent between June and August, as the city’s food and beverage and manufacturing sectors continued to struggle. Preliminary data released by the Census and Statistics Department on Tuesday also showed that the number of unemployed grew by about 6,000 to 151,000 between June and August from the…
You’re trying to watch KPop Demon Hunters on Netflix for the 10th time and relax before bed. Then you get the push notification: “Trump says he’s firing a Fed governor.” This is tough news to process so late in the evening. You want to finish the movie, but now you’re worried about your money. Is…
Earlier this year, the “Sell America” trade was in full force. It can be argued that the peak of the movement came in April and May, after President Trump’s infamous “Liberation Day,” and as Moody’s downgraded the US’s credit rating. The yield on the 30-year Treasury bond surged above 5% as foreign investors dumped US…