The Hong Kong government has issued around HKD27.6 billion (USD3.52 billion) equivalent in multi‑currency green and infrastructure bonds, denominated in Hong Kong dollars, renminbi, US dollars and euros. Clifford Chance advised on the issuance. Paul Chan, Hong Kong’s financial secretary, said in a press release: “The issuance of infrastructure bonds by the HKSAR government raises…
Hong Kong’s privacy watchdog has condemned the owner of an education platform for paying a ransom to hackers who stole individuals’ personal data across 9,000 institutions worldwide, arguing that the money should have been spent on strengthening cybersecurity. Privacy Commissioner for Personal Data Ada Chung Lai-ling on Friday also questioned whether the hackers had truly…
A popular UK city centre is undergoing a major £19million transformation (Image: Google Maps) A popular UK city centre is undergoing a major £19million transformation aimed at boosting the local economy and attracting more visitors. The scheme will see wide-ranging improvements across parts of Wolverhampton, including brighter and wider streets, more public spaces for events,…
BEIJING, March 24 – Chinese President Xi Jinping made a rare visit to the ambitious Xiongan project still under construction near Beijing, calling on officials to “throw themselves” into completing a task on which he has staked his name and legacy. Located about 100 km (60 miles) southwest of the capital in the province of…
Mahdi Yahya pitched to hundreds of investors with his early AI venture. Mahdi Yahya’s fascination with data centres began as a child. His father worked in telecoms and took him to facilities where he first remembers the “smells, sounds, the noise and being extremely cold”. Yahya’s London-based firm, Ori Industries, has since proved to be…
Japan’s plans to deploy missiles on its westernmost island, close to Taiwan, within five years will further add to the growing tensions with China, analysts say. Japanese defence minister Shinjiro Koizumi said the surface-to-air systems – designed to intercept aircraft and ballistic missiles – will be deployed to Yonaguni island, located about 110km (68 miles)…
City Development Law Firm’s new Hong Kong office. (Photo courtesy of City Development Law Firm) Shanghai-headquartered City Development Law Firm officially opened its Hong Kong office on 8 January and, on the same day, launched an association with Gilbert Kwok & Partners, a local construction law firm in the city. The Hong Kong office is…
Officials in a major capital in the Middle East are contemplating drastic measures to manage dire water shortages driven by a severe drought. What’s happening? The BBC reported that the Iranian capital of Tehran is on the brink of running out of water. The lack of rainfall has caused the dams supplying the city to…
India earlier this month inaugurated a high-altitude airbase near its disputed border with China, prompting analysts to suggest the development capped long-term efforts to upgrade infrastructure there rather than posing a threat to Beijing. According to reports from multiple media outlets, the base, named Mudh-Nyoma Air Force Station, is perched at a height of about…
“Ukraine gains direct access to diversified and reliable energy sources, while Greece becomes a hub for supplying Central and Eastern Europe with American liquefied natural gas,” Greek Prime Minister Kyriakos Mitsotakis said. Nov 16 3 mins read Source link