The artificial intelligence boom is partially spurring investment in Asia-Pacific’s data centre properties with a record US$11.6 billion worth of capital poured into the segment in 2025, according to CBRE. In Hong Kong, while AI-related demand is unlikely to be met because of technical limitations, leasing of data centre space was supported by “hyperscale CSPs…
Hong Kong accounted for the largest share of losses uncovered in a cross-border scam crackdown spanning 10 jurisdictions, making up more than 40 per cent of the US$752 million total. The single largest loss involved a Singaporean firm whose funds were transferred to multiple bank accounts in the city and Hong Kong. Hong Kong police…
Hong Kong is in a unique position to capitalise on yacht tourism – with over 1,000km of coastline and more than 200 islands, this natural advantage is something few international cities can match. Recent policy initiatives, ranging from new mooring developments to cross-boundary integration within the Greater Bay Area, signal the government’s clear intent to…
Budget carrier HK Express will cut its fuel surcharge on flights departing Hong Kong to overseas destinations by 12.8 per cent from May 16, reducing the fee by HK$50 (US$6.38) to HK$339 per leg, the airline has said. The reduction, revealed on its website on Wednesday, excludes mainland China routes, and follows lower fuel prices…
Hong Kong police have arrested nine men in a joint operation with law enforcement agencies in six other jurisdictions, targeting the production, use and distribution of child pornography online. Hong Kong Police Force. Photo: Kyle Lam/HKFP. The city’s police force said on Monday that Operation Hurdler arrested a total of 326 people in March and…
Hong Kong police have arrested nine men in a crackdown on child pornography linked to a seven-jurisdiction operation in which more than 300 suspects were detained across Asia. Police said on Monday the city had joined a coordinated international operation involving Singapore, Malaysia, Japan, South Korea, Thailand and Brunei, targeting offences related to the production,…
A Hong Kong film adapted from the 2010 Manila hostage crisis, which led to the deaths of eight Hongkongers, has stirred online debate, with some questioning whether it could cause “secondary trauma” and others saying it offers lessons from the past. Titled Beyond Hostage Crisis, the film was released in Malaysia in April and is…
The bourse operators of Hong Kong and Malaysia are exploring a range of collaborations, from dual listings and exchange-traded funds (ETFs) to Islamic finance, to forge closer ties between the city and the Southeast Asian country. Hong Kong Exchanges and Clearing (HKEX) CEO Bonnie Chan Yiting and Boursa Malaysia CEO Dato Fad’l Mohamed unveiled their…
Bags of mixed rare earth elements sit ready for shipment at the Lynas Rare Earths facility in Gebeng, near Kuantan. (AFP pic) GEBENG: Workers load tonnes of rare earth minerals into bags ready for shipping at a refinery in eastern Malaysia, fuelling the global pushback against China’s grip on the critical sector. Rare earths are…
The South China Morning Post received six honours at the State Street Institutional Press Awards Asia-Pacific 2025 on Tuesday. The awards, which recognise outstanding news reporting on institutional finance across Asia-Pacific (APAC), drew a record 246 submissions this year from eight economies – mainland China, Hong Kong, Macau, Taiwan, Singapore, Malaysia, Australia and France. Most…