Police clash with anti-government protesters in Hong kong. File/ Reuters
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
The swearing in of Sri Lanka’s new President Gotabaya Rajapaksa has drawn cheers from his core supporters, but has also raised worry among minorities.
When he assumed the American presidency, John F Kennedy declared that the torch had been passed to a new generation. It was a phrase that struck a chord around the world
When good people are choosing not to stand again for parliament because of the poisonous state of politics, something is going badly wrong. And this isn’t just about politics.