China’s tourism sector is off to a strong start as the extra-long “super golden week” holiday begins, with railway travel breaking records and tickets for many popular attractions selling out – a welcome sign for Beijing as it continues its efforts to spur domestic spending. On the first day of the eight-day holiday, created by…
Hong Kong’s exports rose by 14.5 per cent in August year on year amid a Sino-US trade truce and a surprise rebound in shipments to America and Europe, alongside continued solid demand in Asia, which helped offset wider economic uncertainties. But industry leaders and economists warned on Thursday the strong performance was heavily inflated by…
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…
Autumn might be around the corner, but Hong Kong’s “summer” flu season has only just started and could overlap with the typical winter surge. Everyone in the city should heed the call from health officials urging vaccinations to protect the community. Flu normally has a summer run from July or August and a break before…
Swiss watch exports tumbled in August as Chinese demand remained weak and stiff US tariffs went into effect. Exports fell about 17% from a year earlier, the Federation of the Swiss Watch Industry said in a statement Thursday. All main markets saw double-digit declines, with China down 36% and the US — the watch industry’s…
America’s central bank is probably on the edge of its first rate cut of 2025. The Federal Reserve is meeting for the sixth time this year. At every previous meeting in 2025, they’ve opted to hold rates steady, but that’s set to change. Wednesday’s decision isn’t a sure thing, but CME FedWatch estimates a near-100%…
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…
China’s embassy in the United States has warned against a new round of “media warfare” as Washington moves to cut the duration of visas for Chinese journalists. “We do not want to see a new round of ‘media warfare’ between the two countries and urge the US to refrain from taking this erroneous move,” embassy…
A 58-year-old Hong Kong woman whose pregnancy at an advanced age earlier caught citywide attention has safely given birth to a girl, her family announced on social media over the weekend. Chan Lai-lai, the wife of local actor Brian Wong Chak-fung, delivered her second child on August 22 after conceiving through in vitro fertilisation (IVF),…
Hong Kong experienced its third-wettest August on record this year, which saw more than double the typical amount of rainfall, with authorities attributing the conditions to the unusually high number of typhoons that hit the city last month. The government said on Tuesday that the 939.2mm (37 inches) of rainfall recorded last month was more…