Hong Kong-based property developer New World Development said on Thursday that it continues to carry on business as usual, following "media rumours" about its operations and financial obligations. Earlier this week,
(Reuters) -Hong Kong-based New World Development faced renewed speculation on Thursday as Bloomberg reported on a potential bond default, after the property developer clarified earlier in the day that it continues to operate normally.
As fiscal income from land sales evaporates, Hong Kong is removing all of its onerous property cooling measures that have been in place for over a decade. The government is making an audacious attempt to restore normalcy to a market that has come to a standstill. It’s showing the world what a true financial center should be.
Two Hongkongers allegedly involved in a fatal knife attack in Yuen Long earlier this week have reportedly been arrested by immigration authorities upon their arrival in Bangkok and have been escorted back to the city.
The couple were married in China in 1944, but fell out of touch when the husband moved to Hong Kong in 1949 and remarried – when they reconnected in 1962, the situation became untenable.
CK Infrastructure Holdings Ltd. is evaluating options for Eversholt Rail, including a possible sale that may value the British rolling stock company at as much as £4 billion ($4.9 billion), people with knowledge of the matter said.
Mr Chung was accused of advocating for Hong Kong's independence from China following the implementation of the national security law in the wake of the pro-democracy protests in 2019 and for allegedly seeking foreign sanctions against Beijing and Hong Kong between 2020 and 2023.
Brew some black tea and stir in a tablespoon or two of your choice of dairy and sweetener. Then in another cup, make an equal amount of black coffee. Add the coffee to the cup of milk tea. Serve hot or pour over ice and serve cold.
Panama’s government and President José Raúl Mulino have repeatedly denied that there is any Chinese presence at the canal.
Renowned filmmakers including Kore-eda Hirokazu and Aditya Vikram Sengupta are backing emerging directors at Hong Kong's film financing forum.
Hong Kong billionaire Michael Kadoorie has approached investors to raise at least $50 million (HK$389 million) to fund efforts to boost the city’s image, according to people familiar with the matter.
A flight from Boston to Hong Kong returned to Logan Airport shortly after taking off after a report of smoke in the cabin and cockpit.