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Thursday, Oct 01, 2020
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America is cracking up, the first presidential debate proved it
The chaos that ricocheted across television screens last night was testament to the sad spectacle that is America today.
Hong Kong’s HK$22.4 billion investment vehicle closer to launching
The Hong Kong Growth Portfolio, similar to Singapore’s sovereign wealth fund Temasek, will invest in projects centred on lifting competitiveness.
Quote of the Day
The ones who are crazy enough to think they can change the world, are the ones that do.
Hong Kong reports eight new Covid-19 cases as care home evacuated
Yuen Long Home for the Elderly residents taken to quarantine centre near city’s airport late on Tuesday, after 71-year-old tests positive for virus.
Flight of Hong Kong protesters piles pressure on Taiwan
For some Hong Kong protesters, stripped of their passports and facing criminal charges, a perilous 600 km sea journey to Taiwan is their only hope of escape. For Taiwan, which has promised assistance to the people of Hong Kong but is war...
How HSBC got caught in a geopolitical storm over Hong Kong security law
Bank’s future remains uncertain as it finds itself under pressure from Beijing and Washington
Families plead for Hong Kong activists accused of trying to flee by speedboat
The ‘Hong Kong 12’ - arrested for allegedly trying to flee to Taiwan - have become the latest flashpoint for protesters
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Hong Kong Golf Open pushed to 2021 because of Covid-19
Officials from sanctioning bodies and Hong Kong Golf Association say they are looking for a suitable date for the tournament after the new year.
Hong Kong bank deposits surge by US$50 billion in August on IPO magnet
HKMA forced to intervene to weaken currency 15 times in September as hot money chases hot Chinese IPOs, secondary listings in the city.
Globalised and digitalised world beckons for China’s entrepreneurs, says Jack Ma
Alibaba founder Jack Ma stepped down as chairman of the e-commerce giant a year ago, but the 56-year-old is still regarded as a leader in the Chinese business community.
Cardinal Zen appeals to Pope to keep politics out of Hong Kong bishop decision
Zen says he delivered a letter to Rome last week but was unable to meet the pontiff.
Outgoing West Kowloon arts hub chief ‘in the dark’ over early exit
CEO Duncan Pescod confirms he agreed with West Kowloon Cultural District Authority chairman Henry Tang Ying-yen to leave at the end of November.
Hong Kong police officers, staff recognised in honours list for protest work
Government hands out a record 687 awards in its honours list – the most since the system was launched in 1997, breaking the high of 444 in 2009.
Court grants temporary release to Hong Kong activist Joshua Wong
Wong, 23, and long-time activist Koo Sze-yiu, 74, are both charged with taking part in an unauthorised assembly last October 5.
Freedoms under two systems remain vital to Hong Kong
Liaison office chief may have hammered home the importance of ‘one country’ for Hong Kong on National Day, but city’s high degree of autonomy must continue.
China is simplifying access to its bond market. About time, too
Regulators are moving towards harmonising the three distinct routes into China’s onshore bond market. For foreign investors, it means timely access to one of the few major fixed-income markets offering positive yields.
Holiday troublemakers warned in HK
The central government's liaison office in Hong Kong warned on Tuesday against reported plans for unlawful activities on National Day, stressing zero tolerance for what it called reckless acts now that the National Security Law is in force.
Xi pays tribute to national heroes at Tian'anmen Square
Xi Jinping and other leaders of the Communist Party of China and the State joined representatives from various walks of life in a ceremony to present flower baskets to deceased national heroes at Tian'anmen Square on Wednesday morning.
Hiking Into the Wilds of Hong Kong
In a season of political upheaval and pandemic, residents of one of the world’s most crowded cities have sought escape in the city's vast "country parks.”
Shell to cut up to 9,000 jobs as Covid-19 accelerates green drive
Anglo-Dutch oil firm expects to save up to $2.5bn a year through restructuring plan
Hong Kong, China markets rally on upbeat Chinese economic data
Hang Seng Index gained as much as 2 per cent, but is still on track to end the month with a decline.
Hong Kong tycoon bets big on bay area car parking potential
Dubbed the ‘king of car parks’, Hong Kong investor King Cho plans to spend over US$100 million to grow his portfolio of car parking spaces in the bay area.
Arrests, resignation, suspension: Hong Kong’s third month under security law
Justice James Spigelman quit, a pupil was suspended for displaying a protest slogan, and 26 people arrested under new legislation, while city’s leader Carrie Lam said legal system and rule of law were ‘as robust as ever’.
‘Everybody dies’: Musk says neither he nor his family will take Covid-19 vaccine, blasts Bill Gates as ‘knucklehead’
SpaceX and Tesla founder Elon Musk has said that neither he nor his family will likely take future coronavirus vaccines even when they are readily available, saying the pandemic has “diminished [his] faith in humanity.”
Disney To Lay Off 28,000 US Employees Due To Coronavirus Pandemic
The cuts were needed in light of social distancing requirements, exacerbated by tough restrictions imposed by the California state government, Disney said.
One million coronavirus deaths: how did we get here?
Milestone is known toll of months of Covid pandemic that has changed everything, from power balances to everyday life
The Biden Campaign Slammed Facebook For Refusing To Take Down Misleading Trump Posts
“Rather than seeing progress, we have seen regression,” Biden's campaign manager wrote in a letter to Facebook CEO Mark Zuckerberg.
Evidence of puberty, store of fatty goodness or construct of the patriarchy? Scientists probe why men are SO obsessed with breasts
Male preference for women’s permanently swollen globular breasts is somewhat anomalous, but to date, no widely accepted evolutionary explanation has been offered. What is the latest in this titillating area of research?
Borat 2 imminent, reports suggest, with Trump, Epstein and Giuliani as targets
Sacha Baron Cohen said to have test-screened follow-up to his 2006 hit, which was shot during the pandemic
Sotheby’s To Livestream Its Most Valuable Contemporary Art Evening Sale in Hong Kong
Reflecting the importance of Hong Kong as an international art market hub, Sotheby's will livestream its evening sale of contemporary art on Oct. 6 from London and New York, as well as a live auction in Hong Kong.
Hong Kong’s fight for democracy echos protest movements around the world
This week's episode of the Democracy Works podcast features a conversation about democracy in Hong Kong with On-cho Ng, head of the Asian studies department and professor of history, Asian studies and philosophy.
Some of Hong Kong's poor finally feel at home in 290 sq ft modules
When Lau Kai Fai, his wife and teenage son moved into a new Hong Kong flat last month, he thought the 290 square feet (27 square metres) of space in his "module home" felt like "winning the lottery."
Singapore Airlines Turns A380 Superjumbo Into Pop-Up Restaurant
Singapore Airlines Ltd. is opening one of its Airbus SE A380 superjumbos as a temporary restaurant, joining a gaggle of other carriers trying out novel ways to raise cash while the coronavirus decimates air travel.
JPMorgan Admits Spoofing by 15 Traders, Two Desks in Record Deal
JPMorgan Chase & Co. admitted wrongdoing and agreed to pay more than $920 million to resolve U.S. authorities’ claims of market manipulation involving two of the bank’s trading desks, the largest sanction ever tied to the illegal practic...
'I've never ever faked an orgasm': Megan Barton Hanson has honest chat about sex as she reveals she was 'slut-shamed' at school and says X-rated site OnlyFans is 'amazing' for her
Megan Barton Hanson has admitted she has 'never faked an orgasm' during a frank discussion about sex.
China’s Too-Big-to-Fail Real Estate Giant Pulls Back From Brink
China Evergrande Group took a major step toward avoiding a cash crunch that had threatened to roil the nation’s $50 trillion financial system and reverberate across global markets.
‘No holidays’ at iPhone 12 factory in China as production ramps up
Apple’s main iPhone manufacturer in China is running at full speed ahead of the release of its new model next month, showing the resilience of existing value chains.
Hong Kong police arrest three over calls for violence on National Day
Trio accused of posting messages online calling for people to attack officers and take part in banned protest on Thursday.
Stanley Ho daughter Angela in second legal move over mogul’s estate
Angela Ho applied for court order to appoint two managing directors of Alvarez & Marsal Asia as administrators, with their fees to be paid out of the estate, at an hourly rate of HK$2,535 to HK$6,630.
Pay freeze for Hong Kong’s domestic helpers amid Covid-19 slump
The minimum wage of foreign domestic workers will remain at HK$4,630 a month, the government says.
Hong Kong, Macau residents spared trips home under mainland China permit plan
Applications for the travel document allowing border crossings can now be made on mainland as well as from home, says People’s Daily.
Hong Kong-mainland China border could reopen soon as city seeks recovery
Carrie Lam says internal discussions over move are at advanced stage as time has come for ‘pragmatic approach’.
Religious, sports activities allowed, Hong Kong records no local Covid-19 cases
Most social-distancing measures in Hong Kong will remain in place for the coming week, but authorities will lift the ban on religious gatherings and team sports, with the city reporting no locally transmitted Covid-19 cases on Tuesday.
BTS members to become multi-millionaires
All seven members of South Korean K-pop group BTS are set to become multi-millionaires, when their label Big Hit Entertainment goes public in October.
Ooops: Trump wants Biden to inspect the ears of the debaters for electronic devices or transmitters
The Trump campaign wants the Biden campaign to allow a third party to inspect the ears of the debaters for electronic devices or transmitters. The President has consented to this inspection, but Biden has not – so far, for obvious reaso...
Do Trump's personal debts pose a risk to the US' national security? | DW News
US Democrats went on the attack on Monday after a report by The New York Times (NYT) revealed that President Donald Trump paid little to no income tax in recent years and held large amounts of debt.
A Los Angeles Sheriff's Deputy Was Caught On Video Repeatedly Striking A Protester With A Riot Shield
The Los Angeles Sheriff's Department (LASD) is investigating an incident during which a deputy was caught on video repeatedly striking a protester with a riot shield.
‘I can’t speak with you’: Hong Kong officials ordered to avoid US diplomats
New instructions for Hong Kong’s civil service follows China and US dialling up diplomat curbs on each other.
Head of Hong Kong’s West Kowloon Cultural District Authority steps down
He will end five-year stint with city’s multibillion-dollar arts hub, according to source. Construction work on the district began in 2013, and the project has been plagued by budget overruns
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