US President Donald Trump has further raised tariffs on small parcels sent to the United States from mainland China and Hong Kong to 120 per cent from 90 per cent, as the stand-off between Washington and Beijing escalates. The increase came just a day after the US administration had tripled that rate from 30 per…
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Hong Kong homebuyers flocked to secure new flats at two projects over the weekend, indicating improving sentiment on the city’s battered property market following a reduction in stamp duties and a buoyant stock market. On Sunday, Sun Hung Kai Properties sold 96 of 172 units offered at its Yoho West Parkside development in Tin Shui…
The Hong Kong government has strongly condemned some US senators for smearing the city’s national security laws after they submitted a resolution accusing Beijing of destroying the financial hub’s autonomy and credibility as an international business centre. Authorities on Thursday night called the resolution put forward by Jim Risch and Jeanne Shaheen, chairman and ranking…
HONG KONG (AP) — Asia stocks were mixed Wednesday, as Chinese technology stocks faltered after a short-term rally. The Hang Seng Index fell 0.25% to 22,920.18, while the Shanghai Composite was up 0.54% to 3,342.55. Japan’s Nikkei 225 slipped 0.40% to 39,112.58, while South Korea’s KOSPI gained 1.78% to 2,673.69. Australia’s S&P/ASX 200 was also…
The headquarters of the World Trade Organization in Geneva on Feb. 5, 2024. Fabrice Coffrini | Afp | Getty Images Hong Kong will file a complaint on recent U.S. tariffs imposed on the city to the World Trade Organization, claiming the U.S. has completely ignored the city’s status as a separate customs territory, chief secretary Eric Chan said on Tuesday. “This is absolutely inconsistent with…
A Hong Kong woman has been rescued from a scam farm in Myanmar, with the city’s Security Bureau vowing to ensure she will return home as soon as possible. The bureau confirmed the rescue on Sunday evening, hours after Thai media reported authorities in the country had rescued the 31-year-old Hongkonger. She was found on…
Hong Kong’s education minister has said authorities would not raise tuition fees for non-local university students significantly despite the government’s fiscal deficit, so top candidates would not be deterred. Secretary for Education Christine Choi Yuk-lin told a radio programme on Saturday that having the best students come to Hong Kong was important in maintaining the…
A Hong Kong tour guide died after being thrown from a coach that crashed in bad weather on a Shanghai highway heading to the airport on Friday. Sixteen tour group members also aboard the bus escaped the crash unharmed, according to trip organiser Miramar Travel, although Shanghai police said two passengers sustained minor abrasions. Shanghai…
A Hong Kong tour guide was killed when the coach taking him and more than a dozen travellers to the Shanghai Pudong International Airport crashed on a highway on Friday. The accident took place at around 2pm at the end of a six-day trip by the 16-member tour group organised by Miramar Travel. The coach…