This article was first published on August 18, 1971. Ferry disaster: no hope for missing crew by T. S. Koo A large but undetermined number of the crew of the Hongkong-Macao ferry Fatshan, including her master and senior British officers, were feared drowned when she capsized off Lantao during the typhoon early yesterday (August 17,…
Hong Kong’s Urban Renewal Authority (URA) has recorded an operating surplus of HK$338 million (US$43.3 million) for the 2025-26 financial year, after reporting three straight years of losses. At a banquet on Friday to mark the statutory body’s 25th anniversary, chairman Chow Chung-kong announced that the URA had returned to profit in the 2025-26 financial…
White House report claims tens of billions of dollars in annual revenue lost to transshipments. Published On 14 Aug 202614 Aug 2026 US President Donald Trump’s administration has accused dozens of countries of helping China to illegally dodge United States tariffs, depriving government coffers of tens of billions of dollars in annual revenues. In a…
Hong Kong authorities received more than 16,000 public submissions for the city’s inaugural five-year plan by the close of its consultation on Friday, with an official noting general support for more focused integration into national development and the strategic cultivation of emerging sectors. Secretary for Constitutional and Mainland Affairs Janice Tse Siu-wa described the blueprint,…
Hong Kong has raised its full-year economic growth forecast for 2026 to a range of 3.5 to 4.5 per cent after expansion of 4.3 per cent in the second quarter, supported by buoyant external trade and resilient domestic demand. Releasing its half-yearly economic report on Friday, the government revised its 2026 growth forecast from the…
Trump unveils new tariffs, sparking debate over economic impact FOX Business White House correspondent Edward Lawrence reports President Trump imposes new tariffs on 60 economies, including Canada, for alleged forced labor practices, despite Canada disinviting the U.S. from a bridge opening. Economists debate the economic impact, noting new tariffs are projected to generate similar revenue…
A new White House trade report says the Trump administration considers Canada among China’s “biggest enablers” in avoiding U.S. tariffs through transshipment, a “modern form of smuggling” that the U.S. claims is costing billions in lost tax revenue. The report released Thursday from the Office of Trade and Manufacturing Policy — titled “The Great Transshipment…
Hong Kong’s economy expanded by 4.3 per cent year on year in the second quarter of 2026, with the government expecting “solid growth” to continue for the remainder of the year. A government spokesman attributed the robust momentum to buoyant external trade and resilient domestic demand. “Looking ahead, the Hong Kong economy should continue to…
[The content of this article has been produced by our advertising partner.] In a city that moves fast, it’s easy to miss a quiet reality: many older people are being asked to navigate a digital world that wasn’t built with them in mind. Payments, appointments, investments, even everyday conversations — they increasingly happen through screens,…
China’s top leaders signaled little appetite for major stimulus in the second half of the year, with the world’s second-largest economy still on track to meet a reduced annual growth target despite mounting domestic headwinds. China’s ruling Communist Party’s Politburo emphasized on Thursday the need to full use of existing policies, suggesting that no big-bang…