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
Police arrested six people during a demonstration in one of Hong Kong’s most popular tourist areas on Sunday, where thousands of protesters sought to raise awareness among mainland Chinese visitors
Police, widely criticised for failing to better protect the public from the triad raid in Yuen Long, have refused to allow the latest march on safety grounds.
Students at Brisbane’s University of Queensland gathered this week to show support for demonstrations in Hong Kong led by pro-democracy activists who object to what they see as Beijing
Sheung Shui boasts dozens of pharmacies and cosmetic stores that are hugely popular with mainland merchants who snap up goods in Hong Kong — where there is no sales tax — and resell them across the border.
China’s central government condemned on Tuesday the ransacking of Hong Kong’s legislature and said it backed the city authorities to investigate the “criminal responsibility of violent offenders.”
Hundreds of Hong Kong protesters blocked train services during the early morning rush hour on Tuesday, causing commuter chaos in the latest anti-government campaign to roil the former British colony.