Hong Kong back as a top choice for foreign commercial property investors, study says

    Hong Kong back as a top choice for foreign commercial property investors, study says

    Hong Kong commercial real estate is the Asia-Pacific region’s fifth most favoured investment destination for cross-border capital this year, underscoring an improved outlook for the city’s battered property market, according to a CBRE report. Hong Kong also recorded the second-highest number of luxury residential property deals among 12 super-prime markets worldwide in the last quarter…

    Read More
    Dr Dai Kuai (left) and Professor Su Hui. Photo: Eugene Lee

      How AI model predicts heavy rainstorms 4 hours in advance with satellite data

      Hong Kong and mainland Chinese scholars have developed a pioneering AI model that uses satellite data to forecast heavy rainstorms up to four hours before they strike, much earlier than current predictions allow. The model represented a “major advancement in atmospheric monitoring and severe weather early warnings, enabling faster and more accurate forecasts and strengthening…

      Read More
      Hong Kong ranked fourth for ‘post-Covid air transit connectivity in Asia-Pacific’

        Hong Kong ranked fourth for ‘post-Covid air transit connectivity in Asia-Pacific’

        Hong Kong ranked fourth in a university study on air transit connectivity at 16 aviation hubs across the Asia-Pacific in 2023. Researchers from the National Taiwan Ocean University’s transport science department also said Beijing, Shanghai and Guangzhou experienced declines in connectivity following the Covid-19 pandemic. The paper was published in the Asian Journal of Shipping…

        Read More
        Kazem Gharibabadi, Deputy Foreign Minister of Iran

        U.S. undermining global trade system/ Iran, Russia, China announce official end to UNSC Resolution 2231

        Pars Today – China’s representative to the World Trade Organization has criticized the U.S. government as a factor weakening the multilateral trade system and called on American officials to comply with the rules of this international body. China’s mission to the World Trade Organization stated that Beijing regards the United States as a violator of…

        Read More