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The Stock Market Is Ignoring the Economy. Here's Why.
Stocks are booming while companies shed millions of workers from payrolls. WSJ explains why the stock market seems disconnected from economic reality.
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The best argument against democracy is a five-minute conversation with the average voter.
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(Two sessions) Reforms in HK to enforce Constitution and Basic Law, foreign hands to be kept at bay
China will improve systems and mechanisms relating to implementing the Constitution and the basic laws in the special administrative regions including Hong Kong, Premier Li Keq...
Hong Kong MTR chief sets out vision to ‘fix the health’ of embattled rail operator
MTR Corp chairman says he expects to see the fruits of corporate culture change in 2023.
Hong Kong’s sole rail operator would ‘welcome’ competition, MTR chief says
Rex Auyeung tells Post introducing other operators would ‘strengthen competitiveness’, notes some mainland Chinese firms could have interest.
US axes Trump-era Scotch whisky tariffs for four months in bid to resolve aircraft trade war with UK
The US said on Thursday it will suspend 25 percent tariffs on Scotch whisky and retaliatory import taxes on other UK products in a bid to resolve the two parties’ on-going trans...
Hong Kong Turns Empty Hotels Into Apartments as Tourists Vanish
Hotels in Hong Kong are being transformed into residential developments to satisfy housing demand as the pandemic-hit tourism industry shows no signs of recovery.
Deloitte to pay Malaysia $80mn for its role in pilfering of state fund 1MDB
Deloitte will pay Malaysia’s government $80 million to resolve all claims related to its auditing of accounts of scandal-linked state fund 1MDB and its unit SRC International fr...
Hong Kong used to be the poster child for economic freedom. Not anymore
Hong Kong has been booted off an index of economic freedom that it used to lead, dealing another blow to the city's standing as a global business hub.
Bitcoin will replace ALL global currencies at price target of $1 MILLION within decade
As national currencies are already showing extreme signs of weakness, people will soon start measuring the price of things in terms of bitcoin, says Jesse Powell, CEO of cryptoc...
Huawei's AppGallery Rivals Google, Apple With 530m Users, Major Growth in 2020 Despite US Trade Bans
The figures come a year after Richard Yu, chief executive of Huawei Consumer Business, launched the Chinese tech giant's plans to boost the platform at a major tech event, namel...
Italy blocks 250,000 doses of AstraZeneca Covid-19 vaccine from reaching Australia in first for EU – reports
The Italian government has reportedly prevented a shipment of some 250,000 doses of the Covid-19 vaccine developed by AstraZeneca and Oxford University from leaving the country ...
China Aims for Tech Independence Amid Looming Cut-Throat Race With US
China is moving swiftly to map out potential weaknesses in dozens of technological sectors and draft a sweeping plan to address areas that are exposed to external risks, Chinese...
WhatsApp introduces video and voice calls on desktop version
WhatsApp will be hoping the new feature rivals other such platforms that have boomed during the pandemic, such as Zoom.
Ant Group Exec Tells Workers Firm to Go Public as State Regulators Slam 'Insufficient' Data Sharing
An internal post from a top executive responded to concerns from an employee over the company's future and talent retention strategy, and comes after major challenges following ...
COVID-19: Twitter expands 'warning labels' to target misleading vaccine posts
The social media platform is also starting a strike system that "determines when further enforcement action is necessary".
Buyer of Asia’s priciest flat on Hong Kong’s Mid-Levels is revealed
The purchase of Asia’s most expensive address by a buyer with a pinyin name – the method for romanising Mandarin Chinese names – underscores the surge in wealth creation in Chin...
15 Hong Kong opposition figures granted bail, but must remain in custody pending appeal
Bail proceedings lasted four days for the 47 defendants charged with subversion under the national security law.
Blockchain company buys and burns Banksy artwork to turn it into a digital original
A Banksy piece called "Morons (White)" was intentionally destroyed, then digitized as a non-fungible token, or NFT.
HSBC’s taipan proposes to help Hong Kong’s youth tap Bay Area
The proposal by Wong, the top executive of the largest of Hong Kong’s three currency issuers, underscores how the GBA could present a viable option for the city’s youth, where t...
Nike VP Resigns After Son Bragged About Reselling Shoes in Business Interview
Joe Hebert, owner of West Coast Streetwear (WCS LLC.) and son of now-former Nike executive Ann Hebert, was featured last week in a Bloomberg Businessweek article. During the int...
ESF to test teachers for full resumption
Some 3,000 teachers and staff members at schools run by the English Schools Foundation will undergo Covid-19 testing from this week in order to resume in-person classes for all ...
Hong Kong bond market could open up to Chinese investors in months
In the latest webinar of our Redefining Hong Kong series, Financial Secretary Paul Chan reveals mainland investors could tap into market as early as this summer, and outlines hi...
Ingenious Studio Apartment Ideas That Make 400 Square Feet Feel Like a Palace
Living in a studio apartment means you're faced with a singular but lofty task: Transform one single room into a bedroom, living room, kitchen, office, and possibly more.
Budget follow-ups halved in wake of pan-dem exodus
Follow-up questions filed by lawmakers after the budget announcement have halved after the pro-democracy camp resigned en masse.
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