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Sunday, Sep 20, 2020
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The Hidden Reasons People Spend Too Much
Researchers are beginning to discover why you can break your budget despite getting all the basics right.
Quote of the Day
Stop chasing the money and start chasing the passion.
Cosmetic surgery platform SoYoung opens internet hospital
China's leading online cosmetic surgery platform SoYoung is foraying into internet hospital sector as part of its efforts to extend its presence in online consumer healthcare.
Ant Group’s IPO wins swift approval from Shanghai’s Star Market
Shanghai’s speedy approval of Ant Group’s IPO paperwork showcases China’s eagerness to attract fast-growing technology companies to its markets as it competes with the US for te...
Bars open to brisk business on Friday after two-month closure
Anti-pandemic measures, such as limiting two customers to a table in bars, have been put in place at the nightlife venues to ensure public health safety.
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...
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