Karen Joy Bacudo

    Hong Kong children hold HK$4.1 billion outside banks

    KAREN JOY BACUDO Finance Editor Hong Kong children aged eight to 15 hold HK$4.1 billion in cash, bank accounts and piggy banks, according to a YouGov survey commissioned by banking technology company Hyperlayer. The findings suggest a large share of that money sits outside traditional banking channels. Hyperlayer estimated that 36% of children in that…

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    An aerial view shows the damage following flash floods and a mudslide.

      Tibet flooding videos surfaced and then disappeared in China

      When security camera footage emerged on Wednesday of a wave of ice, mud and water smashing into the Tibet region, people across the world were horrified. The distressing vision showed the China-controlled Tibet border crossing into Nepal being completely wiped out, along with dozens of people running for their lives. It was harrowing to watch…

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