China has surpassed Germany and Japan in the adoption of industrial robotics, according to the latest report by the International Federation of Robotics, reflecting the country’s efforts in pushing forward the use of automation technologies in manufacturing. China recorded 470 robots per 10,000 employees in 2023, up from 402 units a year earlier. The country…
Property prices in Asia’s major markets are expected to rise over the next year with Hong Kong leading the projected gains, according to Bloomberg Intelligence. Beyond Hong Kong, homes in Singapore, Australia and Japan will all become more expensive in 2025, a reportBloomberg Terminal from BI found. For Hong Kong, the numbers reverse a years-long…
When Joshua Wong went to a Hong Kong court to face charges for alleged subversive acts in 2020, he wore a T-shirt with the words, “THEY CAN’T KILL US ALL.” The democracy advocate is still alive, but will spend a total of four-plus years in prison, including time already served, for being part of what…
Oversea-Chinese Banking (SGX:O39) is making significant strides with the recent incorporation of subsidiaries like Market Street Properties Private Limited in Singapore, aimed at holding investment properties. This move aligns with OCBC’s strategic focus on expanding its investment portfolio and geographical presence in Southeast Asia. In the discussion that follows, we will explore OCBC’s financial performance,…
Chinese navy training ship Po Lang will dock in Hong Kong from Monday to Wednesday next week. The People’s Liberation Army Hong Kong garrison said on Saturday the vessel would make a “technical stop” in the city. The garrison revealed the news with a 51-second video titled “Heading home, next stop Hong Kong”. Po Lang,…
Hong Kong is seeking to strengthen ties with Southeast Asian countries, with the city leader meeting leaders from Singapore, Malaysia and Vietnam during the Asia-Pacific Economic Cooperation (Apec) summit in Peru. Chief Executive John Lee Ka-chiu on Friday morning local time in Lima also met representatives of countries including Chile, Japan, South Korea and Indonesia…
Bitcoin spiked above $93,000 for a short period as expectations of further interest-rate reductions by the Federal Reserve added to the impetus from President-elect Donald Trump’s pro-crypto stance. The digital asset rose nearly 6% in the US to a record $93,462 but failed to hold the climb, falling back to $89,974 as of 10:28 a.m….
A top US health expert has thrown his weight behind the approach taken by Hong Kong authorities to adopt the American model in developing a third medical school, citing successful examples in Singapore. Professor Victor Dzau, president of the US National Academy of Medicine, shared his view on Wednesday before he was conferred an honorary…
A man accused of spiking a woman’s drink at a Hong Kong bar has been sacked by two fintech companies with headquarters in Singapore. The woman shared details of the alleged incident on her social media account, saying she was warned by a waitress that her drink had been tampered with and had felt “extremely…
Philippine-based fast-food giant Jollibee’s parent company will fully take over Hong Kong’s Michelin-starred dim sum restaurant chain Tim Ho Wan by acquiring the remaining 8 per cent stake in the firm for S$20.2 million (US$15.3 million). Tim Ho Wan, dubbed the most affordable Michelin-starred restaurant in the world, is famed for its sweet and savoury…