Hong Kong authorities have allocated HK$5 billion (US$638 million) in funding for efforts to safeguard national security, bringing the total amount earmarked for this purpose to HK$18 billion over the past five years, an official document has revealed. The South China Morning Post’s check on the government’s general revenue expenditure accounts for the financial year…
Twenty Hong Kong couples have each received baby bonuses totalling HK$60,000 (US$7,700) for having three children in about 2½ years. Yet less than 60 per cent of the HK$2.28 billion earmarked for the three-year government scheme has been disbursed as of February, with just over six months to go before it ends in October. Government…
The HK$4.4 billion (US$564 million) donated for Tai Po fire victims will grow gradually with interest earned from fixed deposits, the home affairs minister has told the Post, adding the money will also fund long-term resettlement. In an exclusive interview with the Post on Friday, Secretary for Home and Youth Affairs Alice Mak Mei-kuen said…
London: Former prime minister Rishi Sunak on Sunday began a new role as a newspaper columnist with some advice for the government ahead of the UK budget next month, cautioning Chancellor Rachel Reeves against resorting to tax rises to bolster the nation’s finances. Writing in ‘The Sunday Times‘, the 45-year-old former chancellor in the Conservative…
Updated Oct 21, 2025 10:02 IST Photo : ET Now Digital 155% tariff from Nov 1 on China? What Donald Trump just said US President Donald Trump said on Monday that the US commands ‘great respect’ from Beijing and that he will reach a ‘fantastic deal’ with Chinese President Xi Jinping when the two leaders…
The US and China headed into a second day of talks on Sunday and discussed trade, the economy and TikTok during a day of high-level talks in Madrid, a Treasury official confirmed. The US team, led by Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer, met with the Chinese Vice Premier He Lifeng for…
LONDON and SINGAPORE, July 8, 2025 /PRNewswire/ — Fast-growing fintech company Finmo has received approval from the UK Financial Conduct Authority (FCA) to operate as an Authorised Electronic Money Institution (EMI). This strategic milestone marks a major step in Finmo’s global expansion as it establishes the United Kingdom as a core operational hub for its…
King Charles III’s monarchy will not receive a pay raise in 2024-2025. Photo : AP King Charles III’s monarchy will not receive a pay raise in 2024-2025, despite the Sovereign Grant, which funds royal duties and palace upkeep, set to surge by £45 million ($60 million) to £132 million ($170 million) in 2026-2027, according to…