Skip to content
Join our Newsletter

Asia Pacific

Hong Kong Airport Authority fined HK$120,000 for air bridge collapse that ripped off Cathay Pacific plane door

Hong Kong Airport Authority fined HK$120,000 for air bridge collapse that ripped off Cathay Pacific plane door

The Airport Authority was fined HK$120,000 on Thursday after a court found that it could have prevented the unprecedented collapse of an air bridge that ripped off a Cathay Pacific Airways plane door and injured a technician in 2013.
China launches revamped ‘green cards’ for foreigners

China launches revamped ‘green cards’ for foreigners

China will replace green cards issued to foreigners with “smart card” versions beginning in July as part of the government’s push to improve its imported talent scheme, state media reported.
Hong Kong stocks plunge to one-month low as financial stocks fall on tightened regulations

Hong Kong stocks plunge to one-month low as financial stocks fall on tightened regulations

Hong Kong stocks declined on the first trading day after Easter holidays, breaking the 24,000 point threshold for the first time in a month, as financial stocks tumbled amid tightened regulations and lingering geopolitical uncertainties in North Kore
Western brands cash in on Hong Kong’s luxury downturn

Western brands cash in on Hong Kong’s luxury downturn

As big names scale back, smaller brands are taking advantage by opening new stores
Seeking better job options, more Chinese students returning home after graduating

Seeking better job options, more Chinese students returning home after graduating

More young Chinese studying abroad are opting to return home, many of them citing better job prospects in China. The government said this month that 82.23 per cent of students who studied abroad returned to China last year, up from 72.
HK$2.5 billion spent on social security for new Hong Kong immigrants in past three years

HK$2.5 billion spent on social security for new Hong Kong immigrants in past three years

The decision in 2013 by Hong Kong’s top court to allow new immigrants to apply for social security has cost taxpayers HK$2.5 billion over the past three years, according to latest government records.
China urges foreign firms to make ‘joint efforts’ to control flow of cash out the country

China urges foreign firms to make ‘joint efforts’ to control flow of cash out the country

China’s foreign exchange regulator has asked for cooperation from multinationals, including Sony, BMW, Daimler, Shell, Pfizer, IBM and Visa, to manage and control the flow of capital out the country.
Tencent’s Tesla stake could help carmaker in China

Tencent’s Tesla stake could help carmaker in China

U.S. electric automaker has run into strong headwinds on mainland
Artificial intelligence expected to open new financial frontiers

Artificial intelligence expected to open new financial frontiers

Ninety per cent of bankers in China say AI will revolutionize customer relations
Chinese companies export two-wheeled ride sharing

Chinese companies export two-wheeled ride sharing

Mobike and Ofo jockey for position in Singapore’s growing market