Hong Kong residents on government welfare can receive cash incentives of up to HK$45,000 (US$5,740) over three years if they secure stable employment and transition to a scheme that promotes self-reliance, authorities have said. The cash incentive scheme, funded by the Community Care Fund, will launch on October 1. It targets families moving from the…
A resident of Hong Kong’s fire-ravaged Wang Fuk Court housing estate in Tai Po has said that a drawer in her flat had been rummaged through, prompting a police investigation and rekindling burglary fears in the sealed residential complex. Police launched the probe after a resident surnamed Lee raised concerns about a possible burglary early…
The real estate market has been showing signs of thawing recently, and Eric Jackson thinks US housing could be on the cusp of a new chapter. The founder of hedge fund EMJ Capital, Jackson is known for igniting a rally in Opendoor Technologies stock in July that has lifted the share price from $0.53 per…
Property New World Development, deep in debt, may be looking to sell centerpiece 11 Skies mall Commercial complex 11 Skies is set to be one of the largest malls in Hong Kong. (Photo by Kensaku Ihara) KENSAKU IHARA September 30, 2025 03:31 JST HONG KONG — A 100 billion Hong Kong dollar ($12.8 billion) urban development…
Convenience store chain Circle K has confirmed that it was the victim of a cyberattack in Hong Kong and apologised to affected customers, a week after it suspended acceptance of electronic payments. Circle K Hong Kong also said on Friday night that the company’s IT and cybersecurity teams, along with independent experts, were still working…
In Q2, billionaire investor Bill Gates executed major stock trades worth over $4 billion (£2.9 billion) in two companies. According to the latest filings with the US Securities and Exchange Commission, Bill Gates purchased 6.95 million shares of Berkshire Hathaway Class B (NYSE: BKR.B) shares for the quarter ended 30th June, increasing his stake in…
Amazon founder and billionaire, Jeff Bezos, is known for frequently making donations to non-profit organisations. He himself runs non-profit funds, foundations, and preschools aimed at climate change and education. According to Form 4 filings with the US Securities and Exchange Commission, Bezos gifted over 5.2 million shares of Amazon (Nasdaq: AMZN) to non-profit organisations between…
If you’ve ever found yourself a few days away from payday with bills piling up, you’ve probably considered downloading a cash advance app. These apps promise a quick lifeline: $50, $100, sometimes even $500 in your account before your paycheck lands. But do they actually solve financial problems — or just push debt down the…
In 2025, cash advance apps are everywhere. With just a few taps, you can access $50–$500 instantly to cover groceries, gas, or an unexpected bill. But convenience comes at a cost—and if you’re not careful, these apps can trap you in a cycle of borrowing that’s hard to escape. So, are cash advance apps a…
If you’ve been building up a big cash reserve over the last few years, you’re not alone. You’re also probably not alone in wishing you’d had the money in stocks. Cash has generated meaningful yields since 2022 after the Federal Reserve went on a rate-hike spree, drawing record amounts into money market funds. The total…