Hong Kong has struck a deal with the Shanghai Gold Exchange (SGE) to deepen cross-border connectivity in bullion trading, as the city steps up efforts to build a broader gold ecosystem spanning trading, clearing and storage. The agreement comes as gold prices hit a record high of US$5,110 per ounce on Tuesday morning, buoyed by…
London – Despite fears of Chinese spying and hacking, the British government gave the go-ahead Tuesday for China to build a massive new embassy in the heart of London. The mega-embassy’s designs will see it occupy an entire city block with a view of The Shard, Britain’s tallest building on the banks of the Thames….
By JAMES TAPSFIELD, UK POLITICAL EDITOR Published: 09:19 GMT, 20 January 2026 | Updated: 09:26 GMT, 20 January 2026 Ministers are poised to give the go-ahead for China‘s new ‘mega-embassy’ in London today despite security fears. The government is expected to sign off the plans for the London site this morning, despite furious opposition from…
CK Infrastructure Holdings is poised to complete the disposal of UK Rails (Eversholt Rail) this month following London’s approval of the deal, according to the company, which is part of Hong Kong tycoon Li Ka-shing’s business empire. The train leasing company is owned by a consortium of the group’s companies: CK Infrastructure, which holds 65…
David Webb, the corporate governance activist renowned for his free public database and his explosive “Enigma Network” exposé that rocked the Hong Kong stock exchange, has died aged 60 of metastatic prostate cancer. A notice posted on one of his social media accounts confirmed his death on Tuesday. He is survived by his wife and…
Fortnum & Mason, the upmarket department store chain that counts the British royal family among its regular customers, has announced that its flagship shop in Hong Kong will close by the end of the month. The British luxury goods brand, known for its speciality teas and food hampers, announced on Friday that the store, which…
Updated on: Dec 23, 2025 06:01 pm IST Green Party leader and London Assembly member Zack Polanski wrote in a post on X that Thunberg was arrested for “holding a sign opposing genocide”. Swedish climate activist Greta Thunberg was arrested in London at a pro-Palestinian protest, said UK-based campaign group Defend Our Jurie on Tuesday….
With Nasdaq seeking US regulatory approval to extend its trading hours to 23 hours, some industry players believe local bourse operator Hong Kong Exchanges and Clearing (HKEX) will need to consider a similar move for certain products to enhance its competitiveness. HKEX chief executive Bonnie Chan Yiting did not mention trading hours in her blog…
Britain’s government on Monday summoned China’s ambassador to the UK to protest the conviction of British citizen Jimmy Lai Chee-ying on national security charges in Hong Kong, while US President Donald Trump said he urged leniency for Lai in a call with Chinese President Xi Jinping. “I feel so badly. I spoke to President Xi…
Adrian Cheng Chi-kong, former heir apparent to Hong Kong property giant New World Development (NWD), has partnered with a Dubai royal and businessman to spruce up the retail, leisure and cultural offerings of Wafi City, one of the United Arab Emirates (UAE) city’s top shopping destinations. Cheng and Dubai Sheikh Mana bin Khalifa Al Maktoum,…