(Bloomberg) — With markets keen for details on China’s efforts to revive economic growth and end its housing slump, here are five key takeaways from today’s briefing by Chinese Minister of Finance Lan Fo’an and his colleagues. Bloomberg Terminal readers can click here for a full transcript. China will borrow more to raise money and…
Four Taiwanese workers employed by Foxconn, the contract manufacturer that makes the iPhone for Apple in China, have been detained on the mainland, Taiwan authorities said. Foxconn is a unit of Taiwan’s Hon Hai Technology Group, the world”s largest electronics manufacturer. Photo by Keizo Mori/UPI | License Photo Oct. 11 (UPI) — Four employees of…
1 of 2 | The Chinese government is reportedly considering additional tariffs on other EU imports including cars, pork and dairy products. Currently, China is seeing a downturn on cognac and brandy imports into the Chinese market. Import volumes for August were down 40% on a year-on-year basis, according to the UBS spirit tracker. File…
(Bloomberg) — China’s top economic planner will hold a press briefing on Tuesday to discuss a package of policies aimed at boosting economic growth, as investors look for more stimulus measures from President Xi Jinping’s government. The briefing, which is scheduled to start at 10 a.m., will include five senior officials from the National Development…
(Bloomberg) — Iron ore rose — following two sharply weekly gains — on speculation China’s top economic planner will unveil more stimulus measures at a press briefing on Tuesday morning. The steelmaking staple advanced almost 3% in Singapore, after surging 18% over the previous two weeks. The briefing will include five senior officials from the…
The Yoho Hub II has more flats on sale. Sing Tao Cici Cao Developers in Hong Kong put their flats up for sale and raised prices in response to a decline in September sales. The Hong Kong Land Registry announced 2,848 sale and purchase agreements of residential building units in September, down 22.1 percent…
File Photo The government set to host more than 400 celebratory events across various sectors to commemorate the 75th anniversary of National Day. These events will include a citywide MTR fare discount. The MTR Corporation is offering a 25 percent fare discount for every ride, including cross-boundary trips, on October 1 to celebrate National…
The People’s Republic of China flag and the Hong Kong SAR flag are hoisted on the Court of Final Appeal in the Central District in Hong Kong, China, on October 28, 2020. A total of five foreign judges have now resigned from the court this year. Photo by Jerome Favre/EPA-EFE Sept. 30 (UPI) — A…
A taxi was trapped after a water pipe burst, creating a hole in the road in Cheung Sha Wan early Sunday morning. At 12.32 am, an underground pipe burst on Lai Chi Kok Road, eastbound towards Mong Kok, near the Cheung Sha Wan Police Station, causing suspected road subsidence. A taxi driving by the site…
A waterspout over Victoria Harbour was reported on Saturday afternoon, according to the Observatory. The weather forecaster announced the sighting at around 12.30 pm, where a rapidly rotating water column was spotted at sea near the North Point section of the Island Eastern Corridor. The weather watchdog warned earlier that an upper-air disturbance…