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Search Result for “hong kong”

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BUSINESS

European stocks rebound as Credit Suisse grabs lifeline

AFP, Published on 16/03/2023

» LONDON: European stock markets rebounded slightly on Thursday after troubled banking giant Credit Suisse secured a big financial lifeline and before a crucial interest-rate decision by the European Central Bank.

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WORLD

US banking crisis dogs markets

AFP, Published on 14/03/2023

» LONDON - Stock markets sank further in Asia and faltered in Europe on Tuesday, with banks sliding again on contagion fear after the collapse of two regional US lenders.

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WORLD

China lifts sweeping visa curbs on foreigners

AFP, Published on 14/03/2023

» WASHINGTON - China will once again start issuing a range of visas to foreigners as of Wednesday, the country's embassy in Washington said, a major easing of travel restrictions in force since the outbreak of the Covid-19 pandemic.

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BUSINESS

China premier warns 2023 growth target 'no easy task'

AFP, Published on 13/03/2023

» BEIJING - China's new premier warned Monday that the country's five-percent growth target for 2023 would not be "easy" to achieve, as its rubber-stamp parliament wrapped up over a week of meetings.

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WORLD

US govt rules out SVB bailout, wants to avoid 'contagion': Yellen

AFP, Published on 12/03/2023

» WASHINGTON - US Treasury Secretary Janet Yellen on Sunday said the government wanted to avoid financial "contagion" from the implosion of the Silicon Valley Bank but ruled out a bailout of the institution.

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WORLD

T-Rex skeleton to go under the hammer

AFP, Published on 11/03/2023

» GENEVA: A Tyrannosaurus-Rex skeleton dating back 67 million years will be auctioned in Switzerland next month, marking the first such sale in Europe, the auction house said on Saturday.

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WORLD

Massive fire hits Hong Kong high-rise construction site

AFP, Published on 03/03/2023

» HONG KONG - A high-rise building under construction in Hong Kong erupted in flames and was still burning hours later, with some nearby residential blocks evacuated early Friday after the fire threatened to spread.

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WORLD

China banking tycoon Bao Fan 'cooperating with investigation'

AFP, Published on 27/02/2023

» BEIJING - Chinese billionaire Bao Fan is "cooperating in an investigation" by authorities, his company said, almost two weeks after his disappearance sparked fears of a renewed crackdown on the nation's financial services industry.

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WORLD

Hong Kong martial arts coach jailed for subversion

AFP, Published on 24/02/2023

» HONG KONG: A martial arts teacher accused of running an armed movement to overthrow Hong Kong and China's governments was jailed for five years on Friday under the city's national security law.

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BUSINESS

Hong Kong unveils US$97bn recovery budget

AFP, Published on 22/02/2023

» HONG KONG: Hong Kong's finance chief unveiled a HK$761 billion (US$97 billion) budget on Wednesday, plunging into the coffers to pay for the recession-hit city's post-Covid recovery.