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The Latest Breaking News from Hong Kong

Asian markets edge up in thin trade ahead of US jobs

Hong Kong (AFP) - Asian markets ticked higher in holiday-thinned trade Friday with all eyes on the release of US jobs data later in the day.

AFP

China imposes sanctions on Taiwan's US envoy, US institutions

China has imposed further sanctions on Hsiao Bi-khim, Taiwan's de facto ambassador to the United States, prohibiting her and family members from entering the mainland, Hong Kong and Macau, state media reported on Friday.

Reuters

Malaysia Highlights Potential of Islamic Finance Market as It Woos Hong Kong

Malaysia would like to ‘leverage’ the city’s position as a global financial center to ‘channel global capital’ into the Southeast Asian country, trade minister says

Caixin Global

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Asian markets pressured as recession talk builds

Hong Kong (AFP) - Growing fears of a US recession weighed on Asian markets Thursday as traders geared up for the release of key jobs data that could determine the Federal Reserve's next interest rate decision.

AFP

Asian markets drop as recession talk builds

Hong Kong (AFP) - Growing fears of a US recession weighed on equities Thursday as traders geared up for the release of key jobs data that could determine the Federal Reserve's next interest rate decision.

AFP

Five crucial questions for France's Macron as he embarks on Chinese trip

As French President Emmanuel Macron starts his four-day visit to China, he will have to keep in mind Beijing's attitude on several crucial questions. These include democracy in Hong Kong and the status of the independent nationalist island of Taiwan.

Radio France Internationale

Asian markets mixed as soft US data raises recession fears

Hong Kong (AFP) - Asian stocks drifted Wednesday after a retreat on Wall Street as data showing a softening in the US jobs market pointed to a slowing economy and fuelled fresh fears of a recession.

AFP

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Most markets rise but oil surge weighs on Fed rate hopes

Hong Kong (AFP) - Most markets edged up Tuesday but concerns about the impact of surging oil prices on inflation tempered data indicating a slowing US economy that could allow the Federal Reserve to ease back on its interest rate hikes.

AFP

Evergrande enters debt restructuring plan with creditors

Hong Kong (AFP) - Chinese property developer Evergrande said it has entered into a restructuring agreement with a group of international creditors, in what could be a breakthrough deal toward easing the developer's massive debt.

AFP

Asian markets swing as oil surge weighs on Fed rate hopes

Hong Kong (AFP) - Asian markets were mixed Tuesday as concerns about the impact of surging oil prices on inflation offset data indicating a slowing US economy that could allow the Federal Reserve to slow its interest rate hikes.

AFP

It's toy time at CentralWorld

A number of original art toys by experienced and emerging artists, designers and art toy creators from Hong Kong will be exhibited in the Hong Kong Pavilion at "Thailand Toy Expo 2023", which will take place at CentralWorld, Ratchadamri Road, from Thursday to Sunday.

Bangkok Post

How Hong Kong could be the real winner of the U.S. crypto crackdown

Hong Kong's pivot back to crypto comes as the U.S. risks overplaying its hand when it comes to global financial regulation.

Fortune

Troubled investment bank China Renaissance suspends share trading

Beijing (AFP) - Investment bank China Renaissance suspended trading in its Hong Kong-listed shares on Monday, saying the disappearance of its chairman meant it was unable to publish its annual results.

AFP

Oil prices soar as producers unveil shock output cut

Hong Kong (AFP) - Oil prices soared Monday after top producers unveiled a shock output cut of more than a million barrels per day, while equities mostly rose after data showed US and European inflation eased further last month.

AFP

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AFP

New Zealand men topple Fiji to extend rugby sevens lead

Hong Kong (AFP) - New Zealand toppled Fiji in the Hong Kong rugby sevens final on Sunday to seal a remarkable double gold with their women's team and extend their lead atop the men's series standings.

AFP

Sparkling New Zealand women notch five in a row at Hong Kong sevens

Hong Kong (AFP) - Dominant New Zealand made it five wins in a row at the women's rugby sevens in Hong Kong on Sunday, beating Australia 26-17 in the final to get one hand on the overall series trophy with one round to go.

AFP

'It's their place': Fiji sevens fans reclaim Hong Kong turf

Hong Kong (AFP) - As Fiji barged onto the field in a crunch Hong Kong Rugby Sevens group game against Argentina on Saturday, they were roared on by their famously dedicated travelling fans, who were back at full strength for the first time in four years.

AFP

New Zealand march on at Hong Kong Sevens, Australia out of cup hunt

Hong Kong (AFP) - New Zealand on Saturday set up a quarter-final clash with Argentina for the final day of the Hong Kong Rugby Sevens, topping Pool D with three wins from three.

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Reuters

Hong Kong rejects US report criticising crackdown on freedoms

Hong Kong on Saturday "firmly rejected" findings in a new U.S. government report that said U.S. interests had been threatened and that Beijing continued to "undermine" the rule of law and freedoms in the territory under a national security crackdown.

The Independent UK

Pop icon Leslie Cheung's legacy endures 20 years after death

Fans of late Canto-pop icon Leslie Cheung, one of the first singers to come out as gay in Hong Kong, flocked to the city this week to commemorate their idol’s death 20 years ago, revisiting his legacy of pioneering works made during a socially conservative time

Tom’s Hardware

Hong Kong Bust Nets Half a Million Smuggled Components Worth $4 Million

A man tried to smuggle 510,000 computer parts and devices from low-tax Hong Kong into mainland China. Tech smuggling bust is biggest seen since 2018.

Reuters

Hong Kong transgender protesters say government is not abiding by landmark ruling

A group of Hong Kong transgender people staged a small protest on Friday against a delay by authorities in changing the gender indicated on their identity documents, saying they have yet to be fully recognised despite a landmark court ruling in February.

AFP

Markets build on gains as bank, rate concerns ease

Hong Kong (AFP) - Most markets built on a global rally Friday as worries about the banking sector faded and traders grew optimistic that central banks are near the end of their interest rate hiking cycle.

AFP

China's JD to spin-off two units, list in Hong Kong

Beijing (AFP) - E-commerce giant JD.com will spin off its industrial and property units and take both of them public, the company said, in the latest reorganisation of a major Chinese tech firm.

Bangkok Post

Kerry Logistics Network proposes raising B3.4bn

Hong Kong-listed Kerry Logistics Network Ltd (KLN) has announced a proposal to issue a convertible bond for an aggregate principal of up to 3.4 billion baht to propel Kerry Express Thailand's expansion and solidify its market leadership.

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