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Asia Pacific

Tesla confident it can hold pole position in Hong Kong’s electric vehicle market

Tesla confident it can hold pole position in Hong Kong’s electric vehicle market

As companies such as LeEco and Faraday Future continue to work on electric cars in the hopes of conquering the market segment, Tesla is hardly worried by the upcoming competition. “I don’t think [Tesla] needs to worry about competition at this point.
Hong Kong sees signs of stabilisation in economy as PMI edges up to 49.3 in September

Hong Kong sees signs of stabilisation in economy as PMI edges up to 49.3 in September

Hong Kong’s economy has shown signs of stabilisation, as reflected in two studies released yesterday, despite the International Monetary Fund’s (IMF) decision this week to revise down its global economic growth forecast.
Singapore overtakes Hong Kong as Asia’s second most expensive playground for the rich, after Shanghai

Singapore overtakes Hong Kong as Asia’s second most expensive playground for the rich, after Shanghai

Singapore has overtaken Hong Kong as Asia’s second-most expensive playground for the rich, after the latter took a hit from shrinking spending by holidaymakers.
Li Ka-shing’s CKI expands airport parking footprint in Canada

Li Ka-shing’s CKI expands airport parking footprint in Canada

Hong Kong tycoon Li Ka-shing’s Canadian airport car park operator Park’N Fly has acquired an indoor airport parking business for C$12 million.
China’s not-so-free trade zones

China’s not-so-free trade zones

New FTZs push inland, but foreign investors still raise concerns over market access
‘I’ve got the toughest job’: Cathay Pacific chief says the best is yet to come from struggling Hong Kong airline

‘I’ve got the toughest job’: Cathay Pacific chief says the best is yet to come from struggling Hong Kong airline

Ivan Chu Kwok-leung talks about the company’s history, its current problems and its future
China to set up no-coal zones in cities around Beijing to tackle hazardous smog

China to set up no-coal zones in cities around Beijing to tackle hazardous smog

China will set up a no-coal zone in cities around Beijing next year in efforts to tackle the capital’s hazardous smog.
Growing property bubble is China economy’s biggest risk, warns Bank of China economist

Growing property bubble is China economy’s biggest risk, warns Bank of China economist

The Bank of China has raised a red flag on the country’s growing property bubble.
IMF says China could destabilise global economy

IMF says China could destabilise global economy

China needs to revamp its financial regime to reduce possible “spillovers” onto the rest of the world, the International Monetary Fund said in a report Tuesday (September 28).
Chinese city bans sale of 65 square-foot flats after uproar

Chinese city bans sale of 65 square-foot flats after uproar

Authorities in Shenzhen, a city in China’s Guangdong Province, have invalidated the sale of a series of tiny 6 square-metre flats (approximately 65 square feet) costing 880,000 yuan (around $175,000 Canadian) each, saying the properties violated exis