Hong Kong and Saudi Arabia explore funds to track Hong Kong stock indices

[ HONG KONG: Hong Kong and Saudi Arabia are exploring the creation of an exchange-traded fund (ETF) tracking Hong Kong indices, Hong Kong Deputy Financial Secretary Michael Wong said in a statement on Thursday. The Hong Kong government is currently working with several financial institutions to develop the ETF, Wong said. The statement was released … Read more

International agency finds cancer causing chemicals in popular Indian spice brands

[ Recently, a report published on the official website of Hong Kong’s food regulatory authority– Centre for Food Safety (CFS) on April 5th mentioned that three spice products in India have cancer-causing chemicals that contain a pesticide known as ethylene oxide. Here’s all you need to know about this shocking report. The reportFood regulators in … Read more

‘Snow In Midsummer’ & ‘Sons’ Win Awards

[ Malaysia-Singapore-Taiwan co-production Snow in Midsummer and Swedish title Sons took top prizes in the Young Cinema Competition at the 48th Hong Kong International Film Festival (HKIFF). Winners of the festival’s 15 Firebird Awards and FIPRESCI Prize were announced at an awards gala held at the Hong Kong Cultural Centre. Directed by Malaysian filmmaker Chong Keat-aun, Snow in Midsummer was named … Read more

Nintendo Switch gamers rush to buy 90% off bundle and it’s perfect ‘if you love Fallout’ and John Wick

[ NINTENDO Switch players can get their hands on a game bundle for just £2.60, and fans say it’s perfect “if you love Fallout” and the John Wick franchise. The two-strong bundle, originally worth £35.98, include adventure shooter titles The Hong Kong Massacre and Beautiful Desolation. 2 Nintendo regularly has bundle offers available on its … Read more

Hong Kong central bank keeps key rate unchanged, tracking Fed move

[ HONG KONG: The Hong Kong Monetary Authority (HKMA) left its base rate charged through the overnight discount window unchanged at 5.75% on Thursday, tracking a move by the U.S. Federal Reserve to keep rates steady. Federal Reserve Chair Jerome Powell said on Wednesday recent high inflation readings had not changed the underlying “story” of … Read more

Bitcoin surges to record above $69,000 on sustained ETF demand

[ Bitcoin surged to a record as demand from new US exchange-traded funds and a looming reduction in the token’s supply growth fuel a breathtaking rebound in the original cryptocurrency.The largest digital asset rose as much as 2.5% to $69,191.95 as of 10:10 a.m. Tuesday in New York. Bitcoin has climbed about 62% so far … Read more

China stocks jump after rate cut as markets await US tech earnings

[ HONG KONG: Hong Kong and Shanghai stocks jumped Wednesday after Beijing’s latest measures to boost the stuttering economy, but declines on Wall Street weighed on other Asian markets.China’s central bank rate-cut on Tuesday is among measures intended to rally dwindling growth as the world’s second-largest economy battles a prolonged property-sector crisis and a global … Read more

Inter Miami Hong Kong Friendly Organisers Regret Lionel Messi No-show, Withdraw Government Grant Bid

[ Fans react during the friendly soccer match between Hong Kong Team and US Inter Miami CF at the Hong Kong Stadium in Hong Kong, Sunday, Feb. 4, 2024. Lionel Messi’s non-appearance was a disappointment for the fans who snapped up all 40,000 tickets at Hong Kong Stadium within an hour when they went on … Read more

Hong Kong home prices drop 6.8% in 2023, outlook still weak

[ HONG KONG: Hong Kong private home prices fell 6.8% in 2023 after declining for the eighth consecutive month in December, dragged down by fragile market sentiment, high interest rates and a week economic outlook. Home prices in one of the world’s most expensive property markets dropped 1.4% in December from the previous month, official … Read more

I was a Hong Kong expat for 18 years

[ Amid the soaring skylines and neon-bathed streets of Hong Kong, Expats is a new six-part thriller starring Nicole Kidman which will resonate with many foreigners who have called the city home. For 18 years I was one of those 600,000 expats, living in the city of 7.5 million – but not all expat lives … Read more