In just the past month, stablecoin has moved from the fringes of cryptocurrency into the heart of mainstream finance. Hong Kong enacted its stablecoin ordinance, creating a regulatory framework to legitimise and support the issuance of stablecoins, while US lawmakers discuss similar legislation aimed at fostering large-scale stablecoin adoption. Meanwhile, stablecoin issuer Circle Internet Group…
ICE workplace raids sow fear in Los Angeles’ Fashion District – CBS News Watch CBS News There has been a common thread this week in the Fashion District of Los Angeles, fear of raids by immigration agents. There are more than 4,000 independent businesses in the district, an area that depends on the labor of…
Stocks in China and Hong Kong traded lower on Thursday, led by declines in the tech sector, as markets struggled to sustain the positive momentum from the Sino-U.S. trade talks that lacked concrete details. China’s blue-chip CSI 300 Index closed about 0.1% lower after wavering through the day, slipping from the three-week high touched on…
Hong Kong’s leader has sought to deepen ties with the EU in a meeting with the bloc’s representatives, saying the city will remain a free port despite growing protectionism globally. Chief Executive John Lee Ka-chiu said on Wednesday that he had hosted a lunch attended by Harvey Rouse, head of the Office of the European…
A snarky fashion influencer who regularly mocks President Trump’s outfits has posted a now-viral confessional about being in the US illegally — with the Department of Homeland Security signaling it is aware and zeroing in on the critic. Derek Guy disclosed his “lack of legal immigration” in an X post seen nearly 5 million times…
Hong Kong should capitalise on the opportunities arising from US-China tensions to attract more talent to its academic and tech sectors, heads of the city’s top medical schools have said, ahead of a visit to the world’s largest biotechnology event in Boston. Representatives from the medical faculties of the University of Hong Kong (HKU) and…
By Eleanor Butler & AP Published on 10/06/2025 – 7:36 GMT+2 ADVERTISEMENT Asian shares were marginally higher on Tuesday as investors kept an eye on US-China trade talks that might help stave off a recession. Tokyo’s Nikkei 225 gained 0.9% to 38,445.68, while the Kospi in South Korea jumped 0.3% to 2,865.12. Hong Kong’s Hang Seng edged 0.3%…
Traders work at the New York Stock Exchange on June 4, 2025. NYSE Stock futures are near flat on Monday night as investors waited for more insight on trade discussions between the U.S. and China. Dow Jones Industrial Average futures add 23 points points, or 0.1%. S&P 500 futures and Nasdaq 100 futures each also…
Washington: After a round of talks in Geneva last month, the United States and China will sit down at the negotiating table in London on Monday to attempt to preserve a fragile truce on trade, despite simmering tensions. US Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer will lead the…
Hong Kong students hoping to attend universities in the US should review their social media for content related to the country’s politics, an education consultant has advised, as uncertainties swirled amid reported flip-flopping over whether consulates could process visa applications for Harvard. Consultants on Sunday told the Post they were still trying to get confirmation…