HONG KONG (AP) — Hong Kong will cut thousands of civil service jobs and boost spending in artificial intelligence as it seeks to tackle an increasing deficit, authorities said Wednesday.

Hong Kong has a free market economy, highly dependent on international trade and finance - the value of goods and services trade, including the sizable share of reexports, is about four times GDP.

to about $647.3 billion Hong Kong dollars ($83.3 billion) by the end of March, and a further 10% in 2025-26, Chan said. The Seattle Times does not append comment threads to stories from wire ...

Hong Kong Financial Secretary Paul Chan delivers his annual budget address in the Legislative Council chamber in Hong Kong on Feb 26, 2025. (Photo: AFP/Peter Parks) 26 Feb 2025 12:23PM (Updated ...

WASHINGTON (AP) — The son of prominent Hong Kong former publisher Jimmy Lai, who is facing possible life imprisonment in the Chinese city, called Tuesday for his father’s release in a high ...

“Animation may be an area that Hong Kong is trying to play a role to become ... the Busan Asian Project Market and Seattle’s Tasveer Film Market. Rounding out the animation slate is Xu Zao ...

More than 70 Hong Kong government departments will use a locally developed ChatGPT-style artificial intelligence (AI) tool powered by DeepSeek’s data learning model, the city’s innovation ...

WASHINGTON (AP) — The son of prominent Hong Kong former publisher Jimmy Lai ... AP writer Didi Tang in Washington contributed to the report. The Seattle Times does not append comment threads ...

Hong Kong Disneyland Resort posted a record net profit of HK$838 million (US$107.8 million) for last year, according to its managing director, who revealed a string of celebratory events for the ...

Hong Kong has unveiled the 2025 edition of the Technology Talent Admission Scheme (TechTAS), aiming to streamline the entry of international professionals in key technological fields. This ...

Japan‘s Kadokawa is set to make a splash at this year’s Hong Kong FilMart with two new titles aimed at the Asian market, both featuring stars with strong regional appeal. The first offering is ...

SINGAPORE (February 27, 2025) – Despite lingering property woes and looming trade tensions, the combined wealth of tycoons on the 2025 Forbes list of Hong Kong’s 50 Richest edged up to US$301 ...