The run-up that drove Hong Kong stocks to the highest level in more than three and a half years continued on Wednesday after the US scheduled a fresh round of talks with China next week and clinched a trade deal with Japan, reducing concerns about damage to the global economy. The Hang Seng Index rose…
In November 2024, Australian newspaper The Age’s Good Food Guide 2025 – seen as the equivalent of the Michelin Guide in the country – named a dessert in its Top 20 Snacks list for Melbourne that looked just like a mango pudding you would see on a Hong Kong dim sum trolley, except it was…
AZO Cleantech has reported that major cities in Australia are on track to reach landfill capacity by 2030 due to the influx of disposable goods from fast-fashion brands in the Australian market. What’s happening? The increase of fast fashion brands and their cheap, disposable clothing has created what may soon be a crisis in landfills…
George Hongchoy Kwok-lung has announced his retirement as CEO of Hong Kong-based Link Asset Management, ending a 16-year tenure amid mounting controversy over his pay package and recent lay-offs. Hongchoy, 63, would ensure a smooth transition at Link as it embarked on a search for his successor, Asia’s largest real estate investment trust said early…
LONDON — Twenty-five countries, including Britain, France and a host of other European nations, issued a joint statement on Monday saying the war in Gaza “must end now” and Israel must comply with international law. The foreign ministers of countries including Australia, Canada and Japan said “the suffering of civilians in Gaza has reached new depths” and…
Chinese yuan trades flat against greenback after PBOC decision The Chinese yuan and offshore yuan traded flat against the greenback on Monday, after the People’s Bank of China stood pat on its key holding rates for July. As at 9.50 a.m. local time (9.50 p.m. ET Sunday), the offshore yuan had strengthened by 0.02% against…
The Australian sharemarket is set to follow Wall Street’s record-setting trend, with the ASX 200 futures pointing to a positive end to the week amid U.S. economic signals and rising unemployment rates. In such a buoyant market atmosphere, investors often explore diverse opportunities, including penny stocks—an investment category that continues to intrigue despite its somewhat…
Hong Kong customs has approached the trademark owners of popular brands Labubu and Chiikawa to establish records that will help combat counterfeits, with the Post learning the city currently has no way of cracking down on fakes featuring the characters. The distributor of hugely popular doll Labubu, Pop Mart, and Nagano Co, the firm that…
SYDNEY (Reuters) -Australia’s government said on Saturday it had delivered M1A1 Abrams tanks to Ukraine as part of a A$245 million ($160 million) package to help the country defend itself against Russia in their ongoing war. Australia, one of the largest non-NATO contributors to Ukraine, has been supplying aid, ammunition and defence equipment since Moscow…
Hong Kong has proposed banning the sale of mini konjac jelly cups from April next year over the products’ choking-hazard risks, with anyone caught selling such goods to face a maximum penalty of six months in jail and a fine of up to HK$50,000 (US$6,370). The amendments will be presented to the Legislative Council next…