US trade war: China’s Xi Jinping denies a ‘clash of civilisations,’ calls racial supremacy...

Chinese President Xi Jinping declared Wednesday there was “no clash” of civilisations and denounced racial supremacy as “stupid” amid tensions with the United States...

The eternal city welcomes the eternal Red Emperor: Italy’s embrace of Beijing is a...

Last week, Xi Jinping travelled to Europe and in Italy he was warmly welcomed by Deputy Prime Minister Luigi di Maio. The 32-year-old politician is...

Check out Hong Kong’s first co-working tower by Spaces

The building consists of 130 private offices and 800 workstations. On January 24, Spaces made the headlines when they launches its...

China lists fentanyl as controlled substance in US gesture

by Ryan McMorrow China announced Monday it will launch a crackdown on all fentanyl-like substances from May 1 following US pleas for Beijing to control a...

Hong Kong bank loans grow 3.03% in February

Trade finance loans fell for the sixth straight month to $477.7b. Borrowing activities in Hong Kong remained subdued in spite of...

Hong Kong named as the most vulnerable APAC country to Chinese trade decline

Most of the region’s exports are being absorbed by China. Hong Kong is the most vulnerable country, having the greatest exposure...

Hong Kong credit card balances up 5% to $17.33b in Q4

The balances of Generation Z customers skyrocketed 89%. The credit card balance of Hong Kong residents rose 5% to $17.33b (HK$136b)...

Cathay Pacific to acquire budget airline HK Express for $4.93b

If the acquisition goes through, Cathay Pacific would control three of Hong Kong’s four passenger airlines. Cathay Pacific Airways has entered...

Hong Kong consumers more willing to share data than UK and Germany: survey

Consumers are willing to share income, location, lifestyle habit data in exchange for tailored offers. Nearly half of banking consumers in...

Hong Kong takes the world’s 19th most powerful passport

Hong Kong’s passport holders have visa-free or visa-on-arrival access to 169 countries. Hong Kong ranked 19th in the list of the...

Authorities remove nine categories from proposed extradition law

It will cut sections including bankruptcy, securities and futures, and intellectual property. The government is scaling back its proposed extradition law...

Home sales dropped 10% to 4,089 in February

Sales have weakened ever since prices started falling in July 2018. With the traditionally low season for Hong Kong’s residential market...

Decentralisation underpinned 2.6% rise in Quarry Bay rents to $54.65 psf in February

Stocks of larger floor space are expected to be released in 2020 and 2021. In February, decentralisation continued to gather steam,...

Retail sales up 7.1% to $48.1m in January

Sales at department stores and F&B outlets rose 15.1% and 13% respectively. Hong Kong’s retail sales value rose 7.1% YoY to...

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