Asia Pacific

Hong Kong residential property prices appear at a disconnect with the uptrending cycle of US interest rates, thanks to strong local buying interest and rising demand from mainlanders seeking to hedge against yuan depreciation.

The reasons to have a second passport are many, but for the world’s wealthy elite, they have often amounted to what Canadian immigration lawyer David Lesperance called “the backup plan.

A loan sharking syndicate that lent HK$10 million to Filipino domestic helpers in Hong Kong at interest rates of up to 120 per cent a year has been broken by police following the arrest of two suspected ringleaders and eight members.

Hong Kong-listed Chinese property developers are set to post much improved year-end results after house prices skyrocketed in the past two years.

Hong Kong’s Hang Seng Index closed Monday at its best level in two weeks, boosted by strong gains in Chinese banks and real estate developers, after Goldman Sachs predicted Chinese equities to outperform other regional peers and upgraded its ratings

Illegal debt collectors in Hong Kong are using fire hoses to make people pay up – threatening to spoil their homes and belongings unless they hand over cash.

Ride-hailing firm Uber Hong Kong has turned to celebrity endorsement, inviting actress Catherine Chau Ka-yee to lead a charity drive to mark International Women’s Day despite the legality of its business in the city still in question.

Mr and Mrs Chen, both in their late 50s, opened a small bakery three years ago after they quit the nearby state-owned steel plant where they had worked for three decades.

Hong Kong, already the world’s least affordable urban centre to live and work in, is also the costliest Asian city to get anything built, due to its severe shortage of construction labour, according to a survey by global design and architecture consu

The European Union Chamber of Commerce in China has raised concerns about Beijing’s plans to develop the nation’s hi-tech prowess, arguing that Chinese firms will be given an unfair advantage through government support and their foreign competitors w