62 h. ago Hong Kong’s Citybus Owners Seek to Syndicate $361 Million Loan

Owners of Hong Kong’s Citybus Ltd., known for its yellow-colored double decker fleets in the Asian financial hub, are seeking to syndicate a HK$2.8 billion ($361 million) loan, according to people familiar with the matter.

Economics

4 d. ago Evergrande Liquidators Sue Hong Kong Golf Club in Hunt for Funds

China Evergrande Group’s liquidators are suing Hong Kong Golf Club as they broaden their efforts to recover more money from the defaulted developer’s assets.

Other

5 d. ago Contract for Hong Kong company to operate Panama Canal ports had irregularities, audit finds

PANAMA CITY (AP) — Panama’s comptroller authority said Monday an audit found irregularities in the renewal of a 25-year port concession in the interoceanic canal and it would request an investigation into the authorization of the contract to a Hong Kong company. Comptroller-General Anel Flores said the audit found some payment defaults, accounting miscalculations and […]

Economics

6 d. ago «On perd tous de l'argent»: les investisseurs de Hong Kong paient cher la guerre commerciale lancée par Trump

«On perd tous de l'argent»: les investisseurs de Hong Kong paient cher la guerre commerciale lancée par Trump

Economics

1 week ago GOLDSTEIN: Chiang case raises concerns about Carney and China

Liberal MP Paul Chiang’s decision to withdraw from his candidacy in a Toronto-area riding after saying a Conservative opponent could be delivered to the Chinese consulate in Toronto to claim a bounty of one million Hong Kong dollars, has reignited the issue of China’s foreign interference in our democracy.  Particularly so given Liberal leader Mark […]

Transport

1 week ago Digital Domain to Present at the AI & Technology Virtual Investor Conference April 3rd 2025

Company invites individual and institutional investors, as well as advisors and analysts, to attend online at VirtualInvestorConferences.com NEW YORK, April 02, 2025 (GLOBE NEWSWIRE) — Digital Domain (OTCQX: DDHLY; Hong Kong Stock Exchange: 547), focused on visual effects, AI and virtual human business, today announced that Mr. William Wong, CEO, will present at the AI & […]

Culture

1 week ago LetPot Releases Smart EC Meter: Redefining the Hydroponic Gardening Experience

Say goodbye to guesswork—LetPot offers an intelligent way to manage your hydroponic nutrients HONG KONG, April 02, 2025 (GLOBE NEWSWIRE) — Smart gardening brand LetPot has announced the launch of its latest innovation—the Smart EC Meter, a game-changing monitoring device for desktop hydroponic systems. Unlike traditional meters that require constant cleaning after every use, the […]

Culture

1 week ago 47 Canadians named among the richest billionaires in the world

It's that time of the year again. Forbes' 2025 World's Billionaires list is out, and several of the richest Canadians made the list.Not only are the rich getting richer, but the world now has more billionaires than ever. For the first time, the number of billionaires has crossed the 3,000 threshold, and currently, there are 3,028 billionaires globally — up by 247 compared to last year. Combined, their wealth totals US$$16.1 trillion, an increase of US$2 trillion compared to 2024.The U.S. has 902 billionaires, followed by China with 516 (including Hong Kong) and India with 205 billionaires.It seems that there are fewer Canadians who made the list this time, and there's been a dramatic reshuffling, with some even dropping from the list entirely. Last year, 67 Canadians were among the richest in the world; this year, that number has fallen to 47.Notably absent from the list is Chinese Canadian billionaire Changpeng Zhao, who goes by CZ.Last year, the founder and former CEO of the...

Other

1 week ago US sanctions 6 Chinese and Hong Kong officials, drawing backlash from the city’s government

HONG KONG (AP) — The United States sanctioned six Chinese and Hong Kong officials who it alleged were involved in “transnational repression” and acts that threaten to further erode the city’s autonomy, drawing condemnation from the territory’s government Tuesday. The six officials included Justice Secretary Paul Lam, security office director Dong Jingwei and police commissioner […]

Politics

1 week ago Asian shares are sharply lower, Tokyo tumbles 4%, after Wall Street retreat

HONG KONG (AP) — Asian shares were sharply lower on Monday, with Tokyo’s Nikkei 225 falling more than 4% after another wipeout slammed Wall Street. Worries are building over a potentially toxic mix of worsening inflation and a U.S. economy slowing because households are afraid to spend due to the trade war. U.S. futures and […]

Events

2 w. ago Liberal MP apologizes for suggesting Tory candidate be turned over to Chinese consulate for Hong Kong bounty

'If you can take him to the Chinese Consulate General in Toronto, you can get the million-dollar reward,' Liberal Paul Chiang said of Conservative rival Joe Tay

Other

2 w. ago CK Hutchison Will Delay Signing Panama Ports Deal, Media Say

Billionaire Li Ka-shing, Hong Kong’s most famous tycoon, won’t go ahead with the expected signing next week of a controversial deal to sell his Panama Canal ports to a consortium including BlackRock Inc., according to media reports.

Other

2 w. ago Stock market today: Asian stocks skid as investors await more Trump tariffs

HONG KONG (AP) — Asian stocks were mostly lower Friday as investors mulled uncertainties brought by U.S. President Donald Trump’s latest tariffs. Tokyo’s benchmark Nikkei 225 sank 2.2% to 36,952.34 on renewed heavy selling of auto-related shares following Trump’s announcement he plans to impose 25% tariffs on auto imports. Toyota Motor Corp. shares lost 2.7% […]

Economics

2 w. ago Stock market today: Asian markets make modest advance after a slow day on Wall Street

BANGKOK (AP) — Asian markets opened higher on Wednesday after a quiet session on Wall Street as buying slowed after a broad rally the day before fueled by hopes that President Donald Trump’s tariffs may not be as sweeping as earlier feared. Hong Kong’s Hang Seng edged 0.2% higher to 23,396.49, while the Shanghai Composite […]

Economics

3 w. ago Stock market today: Asian shares are mixed after Wall St edges lower on US policy uncertainty

HONG KONG (AP) — Asian shares were mixed on Friday after Wall Street retreated as investors were rattled by uncertainties brought by U.S. President Donald Trump. U.S. futures were nearly unchanged and oil prices advanced. Chinese markets declined for a second day. Hong Kong’s Hang Seng tumbled 2% to 23,733.02 after China kept its key […]

Economics

3 w. ago Locker fire forces Hong Kong Airlines jet into emergency landing

(Bloomberg) — A mid-air fire in the overhead lockers on a Hong Kong Airlines flight forced the jet into an emergency landing in China Thursday. None of the 168 passengers and crew on board were reported injured. Flight HX115, an Airbus SE A320 jet, took-off from Hangzhou, China en route to Hong Kong just before […]

Events

3 w. ago Hong Kong’s leader swipes at Trump but avoids criticism of tycoon’s deal to sell Panama Port assets

HONG KONG (AP) — Hong Kong’s leader has waded into a controversy over a prominent conglomerate’s decision to sell its Panama Canal port assets to a consortium including American investment bank BlackRock Inc., a deal that has angered Beijing and highlights how escalating tensions between Beijing and Washington can leave the Chinese financial center’s business […]

Politics

last month Asian shares advance, despite Wall Street’s tumble, as China pledges to boost consumer spending

BANGKOK (AP) — Asian markets advanced Friday, shrugging off another decline on Wall Street, with markets in China gaining after state-run banks and other financial institutions were ordered to do more to help spur more consumer spending. U.S. futures and oil prices advanced. Hong Kong’s benchmark jumped 2.5% to 24,038.85, while the Shanghai Composite index […]

Other