Fed’s rate cut to fuel property investment globally, but Hong Kong faces hurdles

Fed’s rate cut to fuel property investment globally, but Hong Kong faces hurdles

The resumption of a policy easing cycle following the US Federal Reserve’s quarter-point interest-rate reduction is likely to spur more investments into property globally, according to analysts. For mainland China and Hong Kong, however, the impact could be less significant owing to fundamental and geopolitical strains, they added. “Rarely do central banks do ‘one and…

Read More
White House on H-1B visa price hike: US companies replaced over 40,000 American tech workers with foreigners

White House on H-1B visa price hike: US companies replaced over 40,000 American tech workers with foreigners

US President Donald Trump recently announced the new $100,000 fee for H-1B visa applications. Soon after the announcement, the White House issued a fact sheet to defend the move, citing “widespread program abuse” and American job losses. The fee, which applies to all new petitions filed from outside the US, is intended to discourage companies…

Read More