The Hong Kong Observatory should step up efforts to explain decisions for issuing typhoon warnings to address public concerns amid a rise in extreme weather events, the Audit Commission has urged. Citing the forecaster, a report issued by the public sector watchdog on Wednesday noted “increasing public demand” for signal change notification well in advance…
Hong Kong authorities have extended the tender deadline for the next Kai Tak Cruise Terminal operator by a month, after bidders sought more time to prepare for new management requirements and key performance indicators. The Culture, Sports and Tourism Bureau said on Friday that the tender’s closing date would be extended from May 22 to…
Blackstone’s potential acquisition of a stake in New World Development (NWD) will help the embattled Hong Kong-listed developer improve its balance sheet and liquidity, benefiting creditors and shareholders alike, according to analysts. The New York-based private equity giant’s investment in NWD could take the form of “shareholder loans or direct equity financing, as well as…
Hong Kong’s residential property market closed 2025 on a strong note, with transactions climbing to a six-month high in December, fuelled by demand for low-priced units even as values fell. A total of 5,883 deals were completed last month, up 5.3 per cent month on month and an increase of 43.4 per cent year on…
Hong Kong’s residential property market closed 2025 on a strong note, with transactions climbing to a six-month high in December, fuelled by demand for low-priced units even as values fell. A total of 5,883 deals were completed last month, up 5.3 per cent month on month and an increase of 43.4 per cent year on…
Boston Mayor Michelle Wu responded to Donald Trump after he suggested Tuesday that he could pull 2026 World Cup games from Gillette Stadium over “unsafe conditions” in Massachusetts, citing recent street takeovers.Wu appeared on a podcast on Wednesday and said it would be unlikely that the games could change venues so late in the process….
Hong Kong’s exports rose by 14.5 per cent in August year on year amid a Sino-US trade truce and a surprise rebound in shipments to America and Europe, alongside continued solid demand in Asia, which helped offset wider economic uncertainties. But industry leaders and economists warned on Thursday the strong performance was heavily inflated by…
A Hong Kong salesman has been jailed for two years and three months for drugging three female colleagues in his home, with the sentencing judge slamming him for inflicting serious psychological damage on his victims. The District Court on Tuesday sentenced 44-year-old Jamie Poon Tik-wai on three counts of administering a poison with intent to…
Hong Kong’s jobless rate remained at 3.7 per cent between June and August, as the city’s food and beverage and manufacturing sectors continued to struggle. Preliminary data released by the Census and Statistics Department on Tuesday also showed that the number of unemployed grew by about 6,000 to 151,000 between June and August from the…
Analysts said they had mixed views about Sun Hung Kai Properties’ (SHKP) shares after Hong Kong’s largest property developer by market capitalisation reported a slight increase in its full-year earnings. On Friday, Morningstar cut its price target for SHKP to HK$105 from HK$115, but said the company was trading at a good discount. UOB Kay…