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Police arrest 22 Hongkongers in money laundering probe linked to scams overseas

Police arrest 22 Hongkongers in money laundering probe linked to scams overseas

Twenty-two Hongkongers accused of laundering HK$13 million through their bank accounts were rounded up in a series of police raids across the city on Wednesday.
Wuhan authorities call off land sale in latest effort to cool red-hot property prices

Wuhan authorities call off land sale in latest effort to cool red-hot property prices

The authorities in Wuhan, the capital of central China’s Hubei province, called off a prime city-centre land auction on Tuesday, fearing its price was likely to hit a record high – the latest move by officials across the country to clamp down on surg
Gaming tycoon Jack Lam flees Philippines, has casinos shut down amid sabotage and bribery allegations

Gaming tycoon Jack Lam flees Philippines, has casinos shut down amid sabotage and bribery allegations

One of Asia’s most influential gaming industry figures has been forced to flee the Philippines after becoming a prime target of President Rodrigo Duterte’s crackdown on drugs and gambling.
Artificial island or country park development? Hongkongers face hard housing choices, official says

Artificial island or country park development? Hongkongers face hard housing choices, official says

Hongkongers might have to choose between building an artificial 1,000-hectare island in the middle of the sea or developing the city’s precious country parks to fulfil a long-term requirement for land, a senior planning official has said.
Shenzhen tops Chinese cities in terms of home price risk, says think tank

Shenzhen tops Chinese cities in terms of home price risk, says think tank

Shenzhen has the highest home price risk among mainland Chinese cities, followed by Xiamen and Shanghai, according to the country’s top think tank.
More Hong Kong, mainland executives plan additional investment in China

More Hong Kong, mainland executives plan additional investment in China

A latest study by PwC says more executives from the mainland and Hong Kong plan to increase investment in the former, while stressing they are feeling growing pressure to improve their bottom lines amid the economic slowdown.
Chinese innovation is on the rise, but is it a case of quantity over quality?

Chinese innovation is on the rise, but is it a case of quantity over quality?

China is producing a record number of patents in a deliberate push toward innovation, but experts warn it may be focusing on quantity over quality.
Canada ranks down under Australia in Asian trade

Canada ranks down under Australia in Asian trade

Business culture change needed, says Asia Pacific Foundation of Canada
Singapore: City-state tops in adaptability

Singapore: City-state tops in adaptability

Singapore has been judged the Asian country best able to adjust to dramatic changes in the world of digital enterprise.
Laos: Forests to be replanted

Laos: Forests to be replanted

Laos has plans to restore forest cover to 70% of the country by 2020. This means that trees will have to be planted on about 8.2 million hectares of land in the next three to four years.