Hong Kong flag carrier Cathay Pacific Airways will increase its fuel surcharge for all flights by 34 per cent from April – the second increase in two weeks – citing “considerable pressure” as the war in the Middle East affects oil prices. The airline said on Thursday that considering the scale of recent surges in…
Two people have been injured in an explosion at a recycling yard in northern Hong Kong, with online footage showing towering flames and billowing black smoke following the blast. Police said they received a report at 11.02am on Thursday that an explosion had been heard at a site, said to be a recycling yard, at…
This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Hong Kong is set for a hot and damp week ahead, with the city’s forecaster predicting relative humidity to reach as high as 95 per cent from Wednesday as seasonal coastal mist moves in….
This story has been made freely available as a public service to our readers. Please consider supporting SCMP’s journalism by subscribing. Hong Kong faces a damp week ahead as humidity is expected to peak at 95 per cent with the arrival of a seasonal coastal mist from Wednesday, according to the city’s weather forecaster. The…
The net profit of Hong Kong’s MTR Corporation dropped by 6.9 per cent to HK$14.68 billion (US$1.88 billion) last year, from HK$15.77 billion in 2024, as higher depreciation costs and weaker revenue from the rail giant’s mainland China operations weighed on earnings. The company recorded a property development profit of HK$11.08 billion last year, up…
Hong Kong customs officers have discovered HK$230 million (US$29.4 million) worth of gold and silver hidden in two air cargo shipments of household cleaning machines destined for Japan, making the largest seizure of precious metals on record. Senior Investigator Ho Ting-chun of the Customs and Excise Department’s syndicate crimes investigation bureau said on Thursday officers…
A 34-year-old chef has been arrested for allegedly dripping an unknown liquid on three female pedestrians near Hong Kong’s Tai Wai MTR station in separate incidents during the Christmas and Lunar New Year holiday periods. The first incident took place on Christmas morning, when a woman crossing a footbridge on Mei Tin Road felt liquid…
Hong Kong’s forecaster has issued its first cold weather warning of the season on New Year’s Day as temperatures are expected to fall to a low of 12 degrees Celsius (53.6 Fahrenheit) in urban areas on Friday. The Hong Kong Observatory issued the warning at 4.20pm on Thursday and said a cold front moving across…
Thursday was a bizarre day in the stock market. Investors are still scratching their heads over what caused a sudden and dramatic reversal around midday after a morning of solid gains, but there might be some clues in the latest bout of bitcoin selling. The Dow was up as much as 700 points in Thursday’s…
More swings hit Wall Street on Friday, except the U.S. stock market finished higher this time. After bobbing up and down through the morning, the S&P 500 took off and rallied nearly 2% before finishing with a gain of 1%. The Dow Jones Industrial Average climbed 493 points, or 1.1%, and the Nasdaq composite rose…