Hong Kong-listed Chinese app company Newborn Town will open a global headquarters and set up an artificial intelligence (AI) research centre in Hong Kong as a pivotal step in its overseas expansion strategy. “The landing of the global headquarters in Hong Kong marks a new stage in the company’s globalisation strategy and an important milestone…
Avoiding this crisis requires a transformation in cooperation between healthcare providers, insurers and health authorities, underpinned by technology integration across the whole system. Ignoring the impact of Covid-19, healthcare costs rose by 23 per cent in the five years to 2023, with taxpayer-funded costs increasing from 50 per cent of the total to 52 per…
A local labour union has urged the Hong Kong government to review its imported labour policy after a survey revealed that more than half of catering workers lost their jobs following the Lunar New Year, while the percentage of employers hiring non-local workers trebled. The survey, jointly conducted by the Federation of Hong Kong and…
Home » CRUISE NEWS » Hong Kong Seeks Innovative Proposals To Enhance Kai Tak Cruise Terminal Thursday, May 22, 2025 Hong Kong invites proposals to revamp the Kai Tak Cruise Terminal, aiming to optimize space for diverse commercial and cultural events, boosting tourism and business. Hong Kong authorities are actively working to enhance the utilization…
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…