Hong Kong’s economic growth forecast of between 2.5 per cent and 3.5 per cent for the year will not be affected by the Middle East war, which will hurt the trading sector but benefit the financial market, according to the city’s financial chief. Financial Secretary Paul Chan Mo-po also said on Saturday that the city…
Hong Kong authorities have been urged to review the pricing mechanism for local fuel supplies after petrol retailers were accused of swiftly raising prices as conflict erupted in the Middle East, even though the city had not yet exhausted its weeks-long stockpile. Global fuel prices have soared since the US-Israel war with Iran broke out,…
Behzad Mirzaei, who has lived in Hong Kong for three decades, is losing sleep as tensions involving Iran escalate, worried about his elderly mother in Tehran. The founder of the Persian Club is among Hong Kong’s small Iranian community who are watching the war with mounting anxiety, waiting for daily updates and fearing for loved…
Hong Kong police have stepped up security around the consulates and officials of countries involved in the Middle East conflict, the South China Morning Post has learned. A source said officers had increased patrols at the consulates as a precaution since the outbreak of the conflict. The United States and Israel launched a massive attack…
Travellers are paying double the usual airfare on Cathay Pacific Airways flights from more than 50 cities to Hong Kong as the Iran war drives up demand for routes that avoid the conflict zone, with London, Madrid and Chennai seeing the steepest surges, the South China Morning Post has found. The US-Israeli attacks on Iran…
From Sydney to Hong Kong, wealth migration is reshaping the global super-luxury property market as activity picks up after two subdued years – though the dominance of relative newcomer Dubai is now being tested by the war in the Middle East. In Sydney, Peter Li, general manager at Plus Agency, said commission revenues on super-luxury…
The Hong Kong government has ruled out chartering Cathay Pacific Airways flights to bring home residents stranded in the Middle East, given the potential danger of navigating partially reopened airspaces and challenges in securing take-off slots at foreign airports, sources have said. The South China Morning Post learned that officials had also weighed the option…
The Central Government Complex of Hong Kong Special Administrative Region stands against the blue sky in Central, Hong Kong on Oct 13, 2025. (ANDY CHONG / HONG KONG) Hong Kong officials are working to reserve seats for residents to fly out of the United Arab Emirates at the weekend, as UAE-based carriers have partly resumed…
Rising gold prices amid the Middle East war have boosted trade in the precious metal in Hong Kong, with residents lining up to sell valuables for cash and retailers reporting that twice as many people are buying bars and pellets. Spot gold stood at US$5,165 per ounce on Thursday, below January’s peak of US$5,594.82, but…
Hong Kong-listed Insilico Medicine has signed a cooperation agreement with the United Arab Emirates’ drug regulator to advance the use of its artificial intelligence tools in drug discovery across the region, even as geopolitical tensions escalate in the Middle East. Shares of Insilico rose as much as 12.8 per cent in morning trading on Thursday…