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The Latest Breaking News from Paul Chan

Hong Kong Sees 3.1% Growth In Second Quarter

Hong Kong's economy grew by 3.1 percent in the second quarter, according to government estimates released Thursday, beating expectations, with strong exports buoyed by businesses racing to take advantage of US tariff easing.

International Business Times

Geopolitics helps drive Middle Eastern money to Asia as wealthy Gulf investors hedge their bets

The Middle East missed Asia's rise the first time around. They don't want to miss out again.

Fortune

Well-off Hong Kong Daunted By Record Deficits

Hong Kong is facing its toughest fiscal test in three decades following a painful run of mammoth deficits, with experts urging the government to make careful cuts as the economy wobbles.

International Business Times

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read the most diverse news in one place.

Hong Kong Revives Border Village In Alternative Tourism Push

Tourists in Hong Kong are flocking to the 300-year-old village of Kuk Po, whose decaying mansions and reed fields offer a respite from the city's famously frenetic pace.

International Business Times

The 6 things I wish I had known before buying an air conditioner

Avoid the mistakes I made when I bought my air conditioner

Ideal Home

Study finds connection between gut microbiome, eczema in infancy

Significant links between the gut microbiome and infant eczema have recently been found, laying the framework for future eczema prevention and therapy through gut microbiota management. Read further on Dynamite News:

Dynamite News

RMB-denominated shares debut in Hong Kong as China's global yuan push picks up

As of Monday, investors can now trade in shares in two dozen companies, collectively worth $1.5 trillion, in either the Hong Kong dollar or the Chinese yuan.

Fortune

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Hong Kong government announces measures to lure wealthy family offices

Hong Kong's government announced a series of measures on Friday to attract wealthy family offices to set up in the financial hub as authorities try to restore business confidence and investor allure after three years of severe COVID-19 rules.

Reuters

Hong Kong unveils US$97bn recovery budget

HONG KONG: Hong Kong's finance chief unveiled a HK$761 billion (US$97 billion) budget on Wednesday, plunging into the coffers to pay for the recession-hit city's post-Covid recovery.

Bangkok Post

Hong Kong hands out cash, cuts duties in budget despite larger deficit

Hong Kong is set for back-to-back deficits but will give cash handouts and offer some help to first-time home buyers to help the economy recover from prolonged COVID-19 restrictions, the city's government announced in its budget on Wednesday.

Reuters

Covid-19 Rules Take Shine Off Hong Kong's Bid to Reopen

Hong Kong will attempt to show it is back in business with a financial summit and premier rugby tournament this week, as strict pandemic controls have led to an exodus of talent and business from the city.

Bangkok Post

Hong Kong finance chief stuck in Saudi Arabia after catching COVID

Hong Kong's Financial Secretary Paul Chan tested positive for COVID-19 during a visit to Saudi Arabia and will stay there for a "short while" to observe health requirements, the city's government said on Thursday.

Reuters

Hong Kong tries to stop brain drain

HONG KONG: Hong Kong is considering easing property taxes and visa restrictions as authorities seek to curb a pandemic brain drain that has threatened the city’s status as an international financial hub.

Bangkok Post

Hong Kong eyes property tax cut, visa moves to reverse Covid brain drain

Hong Kong is considering easing property taxes and visa restrictions as authorities seek to curb a pandemic brain drain that’s threatened the city’s status as an international financial hub.

Bangkok Post

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Reuters

Factbox-Hong Kong's new cabinet to focus on national security

Hong Kong's incoming leader John Lee has announced a cabinet that includes a number of officials with a background in security, calling it a "results-oriented" governing team that will usher in a new chapter after protracted pro-democracy protests in 2019.

Tribune News Service

Hong Kong election for top leader is wide open as race starts

HONG KONG — Hong Kong’s election season officially begins Sunday, and despite a near-two month delay in proceedings because of a COVID-19 crisis, it’s still wildly unclear who actually wants the city’s top job.

Al Jazeera

Hong Kong unveils $22bn budget as ‘zero COVID’ hammers businesses

Finance chief admits businesses facing ‘intense pressure’ amid restrictions that have shut down much of the city.

People

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read the most diverse news in one place.

Organisations

South China Morning Post

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