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Saturday, Sep 19, 2020
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Hong Kong's exports decreased 9% in June
Hong Kong residents have expressed their indignation over recent violent incidents in the region, saying the violence has not only severely disrupted Hong Kong's social order, but also affected the city's business environment and people's lives.
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Choose a job that you love, and you will never have to work a day in your life.
Top Glove looks to list in Hong Kong after 'supernormal' pandemic demand
Malaysia's Top Glove Corporation Bhd TPGC.KL said it planned to list in Hong Kong within six to nine months after "supernormal" demand for disposable gloves during the COVID-19 ...
China poised to be only G20 country with positive economic output in 2020
Bringing the coronavirus under control quickly with strict lockdown measures has ensured that China will see a ‘stable environment for the continued recovery of the domestic eco...
Chinese companies making tentative return to Hong Kong’s offices
As Asia’s third-largest capital market, Hong Kong is where hundreds of mainland Chinese companies go to raise capital, and where thousands of multinational companies locate thei...
Hong Kong raises loan cap for SMEs, extends repayment period
The maximum loan for SMEs has been doubled to 12 months of employee wages and rents, while the loan repayment period has been extended by two years.
China’s digital sovereign currency tests give it a leg up on global peers
Beijing’s ambition to create a digital yuan used globally underscores its attempts to prepare for the future of the international monetary system amid economic decoupling with t...
Livestreams Are the Future of Shopping in America
The U.S. has been slow to shop via live online video, but the coronavirus sparked interest: “It’s basically digitizing QVC and HSN.”
Oracle confirms it has a deal to become TikTok’s ‘technology partner’
Proposal comes just ahead of US President Trump’s threat to ban the video-sharing app on national security grounds; Treasury Secretary Steven Mnuchin says the plan will undergo ...
Hong Kong lays out discounts and giveaways to spur shoppers to spend
It’s too early to tell if promotions are enough to get shoppers back to spending money at shopping centres, analysts said, as remaining social-distancing rules and the absence o...
Huge 'Bitcoin Tram' Ad Campaign and 20 Billboards Flood Hong Kong's Financial District
A massive Bitcoin ad campaign has launched in the heart of Hong Kong's financial district, featuring three Bitcoin trams and 20 matching billboards. It is a community initiative...
Market watchdog looking into Next Digital share surge, insider says
Securities and Futures Commission says in a rare statement it is ready to offer help with police investigation.
Cathay Pacific shuns subsidies, job cuts likely to follow
Hong Kong's Cathay Pacific Airways said on Friday it would not apply for further government employment subsidies for its main business units, freeing up its ability to make majo...
Crowds return to struggling Hong Kong businesses as social distancing eased
Ice-skating rinks, game centres, and museums among venues allowed to reopen on Friday. Restaurants also benefit as number of people allowed to sit together is raised from two to...
Lay-offs loom as Hong Kong’s Cathay Pacific, Cathay Dragon to forgo wage relief
Accepting city’s coronavirus wage relief means agreeing to not let staff go, something the embattled airlines are not prepared to do as they eye future.
Standard Chartered to merge businesses, shrink some senior roles
Standard Chartered to combine retail banking, private banking and wealth management under one umbrella headed by Judy Hsu, regional CEO for Asean and South Asia.
Federal Report Warns of Financial Havoc From Climate Change
Climate crisis could cause economic recession ‘like we’ve never seen before’. A report commissioned by President Trump’s Commodity Futures Trading Commission issued dire warning...
Hong Kong in travel bubble talks with 11 countries across Asia, Europe
Government to relax social-distancing measures in city, allowing number of businesses and venues to reopen from Friday, as officials reveal they are discussing opening up travel...
Hong Kong tycoon moving out of China
Li Ka-shing is selling two properties in Beijing and Shanghai worth $10 billion in the latest sign he is pulling out of mainland China, where his ties to power appear to have we...
Luxury giants quit Russell Street, once the world’s priciest retail strip
Rolex, Omega, Kiehl’s and La Perla have all closed stores in Hong Kong’s Causeway Bay shopping hub in recent weeks, following Prada’s exit, amid slump caused by protests and Cov...
Experts dissected TikTok's algorithm and say a US buyer will struggle to replicate its magic
Anyone who buys TikTok will struggle to replicate the app's magic if the purchase doesn't include its recommendation algorithm, experts say. Technology experts told Business In...
A COVID-19 vaccine will mark a 'big top' for the stock market and end tech dominance, BofA says
A COVID-19 vaccine would mark the top in stocks and set the stage for a rotation from growth stocks into value stocks, Bank of America said on Friday. Technology stocks remain o...
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