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HONG KONG (AP) — A former Hong Kong reporter of The Wall Street Journal on Tuesday said she’ll sue the publication for sacking her because she joined a trade union. Selina Cheng lost her job in July after a senior editor told her that her position was eliminated due to restructuring. However, Cheng believed the…
Hong Kong’s leader has pledged to attract more Shanghai business via one of the nation’s most prominent trade shows, the China International Import Expo, which some local companies have joined to drum up new business on the back of sluggish consumption at home. Chief Executive John Lee Ka-chiu led a delegation that included Financial Secretary…
Hong Kong’s leader has warned that the United States will ultimately “reap what it sows” with its plan to clamp down on outbound investment in China’s semiconductor, quantum technology and artificial intelligence industries. Chief Executive John Lee Ka-chiu also said on Tuesday that the move by Washington was not only harmful to others but also…
Hong Kong’s government has outlined its first guidelines on the “responsible” use of artificial intelligence (AI) during FinTech Week, as regulators strive to get ahead of the curve of a technological revolution that will almost certainly disrupt banking and financial services. Banks, brokers, asset managers and any other financial institution that want to use AI…
Central authorities have issued about 20,000 new multi-entry travel permits to Hong Kong permanent residents with foreign passports heading to mainland China in the past three months, while about 33,000 applicants are still awaiting approval. Secretary for Security Chris Tang Ping-keung cited the figures from the country’s Exit and Entry Administration and also told the…
SEOUL (Reuters) -Airline Cathay Pacific has bought back all warrants issued to the Hong Kong government in 2020, another step in repaying the government for a pandemic-related recapitalisation package, the company said on Friday. Cathay said the buyback was for HK$1.53 billion ($196.2 million). At the end of July, the carrier carried out a buyback…