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Delegates from around China are in Beijing to take part in the annual meetings of the Chinese People’s Political Consultative Conference and National People’s Congress. The two meetings will give clues about what the government’s priorities will be in the year ahead. Delegates are expected to discuss issues ranging …
Hong Kong police launched a citywide manhunt for an armed robber on Wednesday afternoon after he stole tens of thousands of dollars from The Bank of East Asia headquarters in Central.
Financial Secretary Paul Chan has announced his first budget under Chief Executive Carrie Lam’s administration. Here are the key takeaways for the coming fiscal year.
Hong Kong's Financial Secretary Paul Chan will unveil the budget on February 28 (Wednesday). Hong Kong is expected to have a record surplus, so how will Mr Chan use the money?
Huge crowds assemble every year for Hong Kong's Lunar New Year market. Stalls offer dog-themed toys and food, while political groups also host stands to promote their messages.
Advertisement01:38VideoPresentedTong Chong Street Market 2018Published: 10:15am, 30 Jan 2018Updated: 11:47am, 30 Jan 2018AdvertisementAdvertisementSelect VoiceSelect Speed0.8x0.9x1.0x1.1x1.2x1.5x1.75x00:0000:001xAI-generated voice
Liu He, top economic aide to President Xi Jinping, led the Chinese delegation at the World Economic Forum. He spoke about China's continued reform and "opening up".
In response to Chief Executive Carrie Lam’s invitation to list on the Hong Kong stock exchange, Alibaba founder Jack Ma said he would consider it. Alibaba Group is the owner of the South China Morning Post.
Chinese beer breweries raised the prices of their beer as the new year started - first time in ten years. China is now the largest beer market and hundreds of thousands of beer-lovers have to pay 10-20 per cent more for their favourite drinks.
The latest version of Baidu’s autonomous driving software, Apollo, will be tested in Las Vegas as part of the Consumer Electronics Show (CES). Fellow Chinese start-ups are working on self-driving electric cars as China, the world’s biggest auto market, aims to phase out the sale of vehicles powered by fossil fuels.
Why is Russian President Vladimir Putin so powerful, despite Russia's weak economy and other pressing problems?
Hong Kong Monetary Authority (HKMA), the city’s de facto central bank, today raised its base lending rate for the third time this year following a similar move by the US Federal Reserve, increasing it by 25 basis points to 1.75 per cent.
Staying focused is most important aspect of time management for financial expert. Deciding to return to Hong Kong after years in Toronto, Chan’s greatest challenge came when a Chinese conglomerate approached her to help set up their first real estate private equity arm, with a mandate in China.
Morgan Stanley CEO wants to control his bank's business on the mainland, following foreign ownership reforms.
Billionaire actress Zhao Wei and her husband have been barred from China’s securities markets for five years for “seriously misleading the market”, according to the China Securities Regulatory Commission.
One year into his presidency, Donald Trump is embarking on his first state visit to China. Many in the Chinese business community hope the president will focus on pragmatic business deals.
A strong leader is not only good but also a must for China to clean up its debt mess and to rebalance its economy, Michael Pettis, a senior China economist said.
Hong Kong's bustling Pottinger Street is busier than ever as Halloween approaches, with shoppers hunting for ghoulish party outfits and accessories.
The counties of Xiong, Rongcheng and Anxin in Hebei province are presently economic backwaters with little financial and industrial support. However Chinese President Xi Jinping is determined to transform the area into an economic zone rivalling Shanghai and Shenzhen.
After mowing down six passers-by and ramming into two buses on two busy Hong Kong streets, this car comes to a stop outside a fruit market. The driver abandons the car and flees on foot before police officers can reach him.
The stock exchange has not yet announced any closing ceremony for the trading hall but only said it plans to turn the hall into “a showcase to promote the city’s financial market and its history.”
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Both online giants are going out of their way to grab market share in the luxury sector, but analysts say it will be difficult for them to shrug of their ‘grassroots DNA’
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The Hong Kong government is struggling to find land to build affordable homes in a city that has become one of the least affordable places to buy a home. The city’s major developers have a combined land bank of almost 1,000 hectares. But such development models overseas have sparked controversies. Is there a way for…
Hong Kong mogul’s CK Hutchison and Ma’s Ant Financial establish joint venture to expand Alipay’s mobile wallet and payment service in the city
Chinese companies that disclose their environmental, social and governance measures are outperforming on the stock market, data show
Hong Kong investors looking for a stable rental income instead of parking their money in a bank are setting their sights on Southeast Asian property, according to industry experts.
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Chinese companies say 53 per cent of their workload will move to the cloud. So who are the winners and losers in this widening playing field?
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Mainland China has become the world’s largest and fastest-growing market for proximity mobile payments. People in China are now comfortable paying with their mobile phones rather than with cash. But some experts warn the public to be concerned about the security of these online payments, especially about how it can …
Thanks to rapid economic development in Macau, the luxury car market in the city has experienced tremendous growth. Only a decade ago, luxury cars were seldom seen on the streets of Macau; today, however, it’s a totally different story – high-end cars popping up everywhere. And in October, Italian supercar maker Lam…
A fire broke out around midnight on Sunday in London's famous Camden Market. Eight fire engines and about 70 firefighters were sent to battle the fire.
The retail leasing market in Hong Kong’s core Central district faces uncertainty as global brands plan to leave amid a declining sales environment insufficient to support ultra-high rental rates. As a result there is now a surplus of empty ground-level shops in one of the world’s most expensive commercial districts.
Income inequality in the financial hub of Hong Kong has hit its highest level in almost 50 years as a red-hot property bubble squeezes the city’s most vulnerable and risks further fuelling social tensions, according to a household income report published by Oxfam this month.
Cardboard grannies are part of the elderly left behind by the yet-to-improve retirement and ageing security systems, as well as by an economy with highly limited re-employment for senior citizens, who are forced to fend for themselves.
Financial consultant Chen Guolong moved to Beijing in 2013, then set up his consulting firm. Chen talked about why he moved to Beijing, his experience there, and why the Hong Kong young generation should explore more in mainland China.
With the number of totoaba fish, whose swim bladders are dried and sold on the black market in China, and the world's smallest porpoise getting dangerously low, the Mexican government has increased efforts to end the illegal fishing pushing them to the brink of extinction.
Chaos erupted in London late Saturday when a vehicle rammed into pedestrians on London Bridge, injuring an undetermined number of people and causing hundreds of others to flee in panic. At nearby Borough Market gunshots rang out amid reports of knife attacks.
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