The photo has been used for illustrative purposes. File/AFP
Hong Kong flag carrier Cathay Pacific announced on Wednesday that it will buy budget airline HK Express for US$628.15 million, as it moves to counter competition from the increasing number of low-cost carriers in the region.
The Ministry of Finance (MoF) signed an agreement to encourage and protect investments between the UAE and the Hong Kong Government, as part of the ministry’s efforts to protect the nation’s investments abroad and to attract foreign investments.
HSBC Holdings beat forecasts with a 31 per cent rise in the first quarter profit, bolstered by a surge in income from its core Asian business due to the absence of legal and regulatory expenses borne in the year-ago quarter. Reining in costs has been one of the biggest challenges for HSBC Chief Executive John Flint
Since its establishment in 1948, Israel has projected itself to the world as a liberal democratic state, although it was founded on war, ethnic cleansing of the indigenous population of Palestine and separation of remaining Palestinians
Dubai is a city of superlatives and its penchant for the Number 1 slot is well known. Its ability to amaze the world with a line up of magnificent projects is unparalleled. The city is considered the world’s
The daily news bulletins are rarely complete without footage of demonstrators in Hong Kong demanding democracy. There is a danger that people become inured to the pictures, writing them