The conflict in Iran could raise cargo transport costs from Asia to Europe by at least 10 per cent, according to Hong Kong sector representatives, as major shipping companies suspended bookings to and from the Middle East or imposed significant war-risk surcharges. Lawmaker Tommy Chung Ki-fung, who represents the import and export constituency, explained on…
China’s top leadership has unveiled a new push to turn advanced technologies into large-scale industrial priorities as part of the country’s upcoming 15th Five-Year Plan, which will guide economic and social development from 2026 to 2030. Officials say the plan is designed to move cutting-edge technologies out of laboratories and into factories, supply chains and…
The escalating conflict in the Middle East is set to drive up travel costs for Hong Kong passengers as many are forced to opt for more expensive direct routes to Europe, according to analysts. They said on Monday that the suspension of major transit hubs in Dubai in the United Arab Emirates (UAE) and Doha…
Cruise ship calls in Hong Kong may exceed 200 this year, the city’s tourism minister has said, as she revealed that authorities will consider measures to create synergy between the terminal and an emerging cultural hub in Kai Tak. Secretary for Culture, Sports and Tourism Rosanna Law Shuk-pui on Saturday also said cruise ships made…
Until last year, Fidelity International’s most significant cornerstone commitments on the Hong Kong initial public offering (IPO) market dated back to 2021, when Chinese short-video platform Kuaishou Technology raised US$5.4 billion and healthcare firm Medlive Technology completed a US$543.4 million listing. Then for the next four years, the asset manager went quiet. Late last year…
By Steve Holland and Andrea Shalal WASHINGTON, Feb 27 (Reuters) – U.S. President Donald Trump said on Friday he was not happy with Iran and wants to make a deal with Tehran but warned that “sometimes you have to” use military force. Trump, talking to reporters as he left the White House on a trip…
The operator of Hong Kong’s Ngong Ping 360 cable car attraction has apologised after the personal data of visitors and employees was stolen in a ransomware attack. The company on Thursday detected irregularities in its internal network system and alerted police and the Office of the Privacy Commissioner for Personal Data. “Subsequent investigation confirmed that…
[The content of this article has been produced by our advertising partner.] Hong Kong’s trade promotion body has opened applications for the 2026 edition of its Start-up Express programme, as efforts are stepped up to help local tech ventures break into overseas markets and secure commercial partnerships. Organised by the Hong Kong Trade Development Council…
Hong Kong Exchanges and Clearing (HKEX), which operates Asia’s third-largest stock exchange, reported record high annual profit for the second straight year, thanks to higher market turnover and robust listing activity, it said in a stock exchange filing on Thursday. Net profit in 2025 increased 36 per cent to HK$17.75 billion (US$2.28 billion), or HK$14.05…
Japan’s plans to deploy missiles on its westernmost island, close to Taiwan, within five years will further add to the growing tensions with China, analysts say. Japanese defence minister Shinjiro Koizumi said the surface-to-air systems – designed to intercept aircraft and ballistic missiles – will be deployed to Yonaguni island, located about 110km (68 miles)…