Hong Kong is stepping up its game as an international arbitration hub while pushing forward to help mainland Chinese companies go global with its professional services, the city’s deputy justice secretary has said. Deputy Secretary for Justice Horace Cheung Kwok-kwan on Tuesday described Hong Kong as an “indispensable bridge” between the rest of the country…
The Li Ka Shing Foundation and the Hong Kong Disneyland Resort are offering 5,000 domestic helpers a free trip to the theme park this year under an expanded programme. The charitable foundation, established by tycoon Li Ka-shing, said on Tuesday that the number of helpers receiving free trips would increase from 4,000 last year to…
Hong Kong and Singapore are set to be the biggest winners in attracting new capital inflows as global investors diversify their asset allocations amid geopolitical risks and trade tensions, according to the top executive at DBS Group. The two Asian financial centres would be the best choice for international investors who previously held overweight positions…
Hong Kong needs to consider widening the Stock Connect schemes and step up promotion in Southeast Asia and the Middle East to attract more international firms to list in the city, according to a government think tank. Rocky Tung Yat-ngok, newly appointed executive director of the Financial Services Development Council, said that while Hong Kong…
Hong Kong and Singapore are set to be the biggest winners in attracting new capital inflows as global investors diversify their asset allocations amid geopolitical risks and trade tensions, according to the top executive at DBS Group. The two Asian financial centres would be the best choice for international investors who previously held overweight positions…
Singapore Exchange (SGX) Group is seeking to widen its cross-listing schemes with Shanghai and Shenzhen and explore partnerships with Hong Kong Exchanges and Clearing (HKEX) and other exchanges, according to its CEO. “Connectivity, in my view, is the new architecture for capital markets,” said Loh Boon Chye in an exclusive interview with the Post during…
Today’s ESG Updates US Calls for Doubling Global Oil Output at Davos: At the World Economic Forum in Davos, the U.S. energy secretary argued that global oil production must more than double, criticising EU and California climate regulations as barriers to energy security. China Defends Wind Power Strategy After Trump Criticism: China pushed back against…
Hong Kong has deported 113 rejected non-refoulement claimants after a week-long operation, according to the Immigration Department. The operation codenamed “Shield” involved deporting a group of 68 men and 45 women, some of whom had completed prison sentences for criminal offences in the city. “A total of 113 unsubstantiated non-refoulement claimants who were illegal immigrants…
Hong Kong’s privacy watchdog has raised concerns over the potential misuse of the artificial intelligence (AI) chatbot Grok, developed by Elon Musk’s company, warning that using its image-generation function to create indecent or malicious content could amount to criminal offences. The Office of the Privacy Commissioner for Personal Data (PCPD) issued a statement on Thursday…
US President Donald Trump has put allies and trade partners on notice, invoking national security powers to ease China’s chokehold on critical minerals, warning global suppliers to negotiate agreements to secure reliable, diversified supplies for the US or face new trade barriers, including tariffs. In a proclamation signed on Wednesday, the “America first” president declared…