Hongkongers looking at the morning sky on Thursday may have thought they were witnessing a rare pink aurora – but it was most likely to be light pollution. A large swathe of the sky above Kai Tak Stadium glowed pink in the early hours, but the Observatory said it was not linked to a geomagnetic…
Home » AIRLINE NEWS » Cathay Pacific Returns to Rome with Non-Stop Flights from Hong Kong, Expanding Global Network in 2025: New Airline Updates Thursday, June 5, 2025 Cathay Pacific has made a significant return to Italy’s capital, Rome, with the reintroduction of its direct flight between Hong Kong and the historic city. This development,…
Hong Kong authorities have proposed a 50 per cent duty on the operators’ net betting profits from basketball gambling, while a public consultation found that 94 per cent of respondents supported legalising such activities. In a paper submitted to the Legislative Council on Thursday, the government said that the existing calculation and collection methods for…
Syfe, a Singapore-based robo financial adviser and digital investment platform operator, has raised US$80 million in its Series C funding round, as the company pushes to expand its wealth management product offerings in Hong Kong. This round includes new all-equity financing worth US$53 million at a significantly higher valuation, according to the fintech start-up’s statement…
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…
A consortium of builders led by New World Development (NWD) priced a new residential project on the south side of Hong Kong Island below all neighbouring developments, as the embattled company seeks to whittle down HK$124 billion (US$15.8 billion) in debt. The developers priced 101 flats in the 447-unit Deep Water Pavilia project in Wong…
Stablecoins are poised to become a major cross-border payment tool that would benefit issuers in Hong Kong and mainland Chinese firms expanding overseas, according to industry insiders, as the city and the US push forward regulation of the popular tokens. A stablecoin is a type of cryptocurrency that maintains a fixed value by being pegged…
Hong Kong should relax the licensing renewal criteria for cinemas to allow them to host live performances or sports broadcasts, a lawmaker has said, as the city continues to grapple with a slew of theatre closures. Kenneth Fok Kai-kong, who represents sports, performing arts, culture and publication in the legislature, made the suggestion on Thursday…
Four student union members of Lingnan University in Hong Kong have been arrested for allegedly stealing over HK$1 million (US$127,463) from their organisation, the Post has learned. According to a source, the alleged theft took place between 2024 and 2025, and the students were detained by police on Wednesday for investigation. The four core members…
Olympic hero Simone Biles showed she was enjoying her visit to Hong Kong, as she uploaded pictures of herself in the city on her Instagram page. The seven-time Olympic gold medallist was in the city to take part in a UBS Asian Investment Conference, where she addressed 600 young athletes as well as fans from…