Asia Pacific

Basing regional offices abroad proves effective for recruiting international students

Future Mobility Corp (FMC), an electric car start-up considered one of China’s “Tesla challengers,” said it will unveil its first concept smart car in the second half of this year before starting mass production in 2019.

Tencent Holdings has disabled its popular tipping function for WeChat content providers on the iPhone after it was deemed in violation of the in-app purchase (IAP) rules set out by Apple.

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 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 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

As big names scale back, smaller brands are taking advantage by opening new stores

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.

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’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.