Hong Kong’s spending should not grow faster than its income, even though the city’s finances are improving, the financial secretary has said, added that the market expects the government to invest more to boost the economy. But Paul Chan Mo-po on Sunday also painted a rosy picture for the city’s retail sector, revealing that sales…
Hong Kong’s heavy investment in public works will keep the capital account in deficit, highlighting the need for bond issuances to fund critical infrastructure and long-term development, the finance chief has said as he revealed the annual budget will be delivered on February 25. Financial Secretary Paul Chan Mo-po also said on Sunday that core…
Hong Kong has launched public consultation for the 2026-27 budget, which the finance chief says will focus on how the city can expand its economic development and better integrate into China’s 15th five-year plan. Financial Secretary Paul Chan Mo-po on Wednesday highlighted several key issues for the coming budget, including how the city could further…
The Ford F-150 Lightning is canceled, as is its fully electric replacement, codenamed “T3.” Meanwhile, China’s EV and PHEV options keep making inroads in cheap segments across the globe. Ford’s Universal EV Platform is still on track to launch in 2027. The F-150 Lightning will gain a gas engine. An American-made commercial electric van has…
Accelerating innovation and creating more jobs will be key facets of the next annual budget, Hong Kong’s finance chief has vowed, while noting positive investor sentiment after several entities recently bought and leased commercial properties in the city. Financial Secretary Paul Chan Mo-po also said in his weekly blog post on Sunday that public consultation…
Toronto: Canada is sharply reducing its intake of temporary residents, including workers and international students, by nearly 43%, according to the immigration levels plan announced by the government as part of the Federal Budget that was presented on Tuesday. Jobseekers at an Aviation Career Fair in Montreal, Quebec, Canada. (Bloomberg) There will be a decrease…
From the South Shore to the North Shore, families say they are at a breaking point with their bills. So, we are here to help. WDSU spoke with a money-saving expert to share tips you may not know about.In St. Tammany Parish, it’s another grocery run for Samantha Honeycutt.“It hurts to see people do without,…
Shanghai residents Oneone Han and Pipi Tang arrived in Hong Kong before dawn — they were on a mission. Skipping a hotel, they showered at the airport and at 6am started ploughing through a packed travel itinerary that saw them hitting famous sightseeing locales until late into the night. They had a tight schedule and…
His decision was taken at the end of a rollercoaster day during which the French president himself made no public remarks, but was spotted pacing alone along the banks of the Seine, cutting a solitary figure and apparently weighing up the future of France. Ultimately, the outcome of his deliberations was underwhelming and appears doomed…
The conservative Les Républicains, led by the hardline outgoing Interior Minister Bruno Retailleau, wanted guarantees that Retailleau would retain his post and would be granted full control over issuing visas and limiting access to medical care for undocumented people. The party, which had supported the previous two minority governments, also wanted assurances that Lecornu would…