Unlike previously, when May 1 was marked by large-scale demonstrations calling for better protection for workers, Labour Day in more recent years has passed by as a paid holiday for people to take a break. But this year offers double the reason to celebrate as two key improvements in benefits take effect today. The hourly…
The number of Primary One pupils in Hong Kong will drop by 23 per cent over six years, education authorities have predicted, while announcing plans to tighten rules to make it harder for under-enrolled, government-funded schools to survive. Deputy Secretary for Education Ida Lee Bik-sai said on Wednesday that the number of Primary One students…
Apple’s (NASDAQ:AAPL) latest iPhone 16e is unlikely to excite consumers, and China’s smartphone sales growth is weakening, according to Jefferies analysts led by Edison Lee. Industry checks suggest China’s smartphone sales have declined for four consecutive weeks post-Chinese New Year (CNY), with year-over-year declines worsening. Rising discounts on iPhone 16 models and Android flagships indicate…
Car expert Paul Maric said the EV market was entering a rough period as Aussies weigh up whether to jump on the bandwagon. (Source: Getty/YouTube) Electric vehicle (EV) sales in Australia have fallen to a more than two-year low, with 2025 tipped to be a major watershed moment for the motoring industry. The popular new…
The popularity of electric vehicles is accelerating rapidly, and recent years have seen an increasing number of mainland-built cars joining Teslas in plying Hong Kong’s highways and byways. By the end of November last year, there were about 107,000 EVs in the city, according to the Environmental Protection Department. That’s a sharp rise of more…
The chairman of Hong Kong’s Ocean Park has said its Water World facility lost about HK$200 million (US$25.7 million) in the last financial year, as he was grilled in the legislature over the state of his organisation’s finances despite a five-year high in attendance numbers. The tourism minister on Tuesday rejected calls for authorities to…
By Stephen Nellis (Reuters) – Intel said on Wednesday its deal for $7.86 billion in U.S. government subsidies restricts the company’s ability to sell stakes in its chipmaking unit if it becomes an independent entity. The U.S. Commerce Department announced the subsidy to Intel on Tuesday, part of $39 billion for the sector including Taiwan…
Four major Chinese electric vehicle (EV) makers reported record monthly sales in October, buoyed by surging domestic demand, even as they grappled with barriers to overseas growth amid punitive tariffs levied by the European Union (EU). BYD, the world’s largest EV assembler, sold 502,757 pure-electric and hybrid EVs last month, up 66.5 per cent year…
Electric vehicle (EV) dealers did brisk sales on the mainland during the “golden week” holiday, with the soon-to-end government subsidies pushing buyers to hasten their decisions. However, market observers warned of a slowdown in EV sales if the incentives are scrapped next year, just as they did in January 2023 when the subsidies were phased…
With state government subsidies for electric vehicles slowly rolling back in Australia, there are concerns about whether Aussies will still be keen to buy them. (Source: LinkedIn/Getty) While the electric vehicle (EV) market has been getting stronger year-on-year in Australia, that trend could soon start to slow down as government subsidies fade away. Queensland has…