Friday, February 26, 2021
Hong Kong will lead a $5 billion rescue of Cathay Pacific Airways which has been hit by a global travel slump triggered by the Covid-19 pandemic. The government’s involvement in the recapitalisation follows the double blows of Hong Kong’s political unrest and the coronavirus outbreak, which Cathay said meant...
US firms concerned as tensions simmer in Hong Kong over looming legislation A survey of US businesses revealed deep fears for the future of their operations in Hong Kong if China imposes national security legislation that critics say could curb the financial centre's freedoms and fuel ongoing protests. Contributing to...
Some property and migration consultants are seeing a rise in inquiries about Singapore as turmoil grips Hong Kong. Interested Hongkongers are attending webinars amid the coronavirus pandemic to learn more about living, working and investing in the city state Singapore tends to attract high net worth individuals,...
From 1 July, the town of Sydney are going to be powered using one hundred pc renewable electricity, generated from wind and solar farms in regional New South Wales. Valued at over AUD60 million (US$37 million), it's the most important green energy deal of its kind by a council in...
The COVID-19 outbreak is apparently on the retreat in Mainland China, and has so far had a relatively restrained impact on Hong Kong and Macao, but the disease and measures to control it have dented confidence among exporters. The triple challenge posed by COVID-19, softening global demand and lingering trade...
As the spread of coronavirus sends jitters across Hong Kong, usually bustling shopping malls, restaurants and retailers are deserted, leaving some small business owners contemplating their future in the global financial hub. While Hong Kong’s retail sales extended their free-fall in December as months of sometimes violent anti-government protests...
Hong Kong economy shrinks for first time in a decade The Hong Kong economy's first recession in a decade deepened in the fourth quarter of 2019, weighed down by anti-government protests and the US-China trade war. Last year was the worst for Hong Kong's growth since 2009, when the financial...
Hong Kong, hurt by US-China trade war, protests, has been replaced by Tokyo as Asia-Pacific’s largest commercial real-estate market in 2019 Hong Kong is no longer the largest commercial real-estate market in Asia-Pacific, having lost its crown to Tokyo in 2019, data and analytics firm Real Capital Analytics said on...
2019 was a particularly rough year for the global economy. Hong Kong especially was hit relatively hard thanks to ongoing protests which has affected both local and foreign business in the city-state. As such, Hong Kong’s government has recently revealed their intention to “boldly” shore up the finance hub’s...
More than one in 10 retailers in Hong Kong could close down in the next six months as social unrest and sometimes violent protests deter tourists, threatening the survival of smaller operators, the city's main retailing group said. About 7,000 licensed retail establishments out of 64,000 in the Asian...
Alibaba unveils Hong Kong secondary listing plan, in vote of confidence Alibaba Group Holding, the record holder of the largest global initial public offering, has unveiled a secondary listing plan in Hong Kong, in a vote of confidence for the local financial market as the worst political crisis in the...
Hong Kong pledges fresh aid of US$255 million to boost battered city Hong Kong’s government has announced an extra allocation for the city battered by political unrest and facing its first recession in a decade. Massive and violent anti-government protests over the past five months have shaken Hong Kong's reputation...

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