Category: Hong Kong
Hong Kong consumers struggle with bills and loans despite rising incomes, TransUnion says
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Rising incomes in Hong Kong are not easing financial stress, with 25 per cent of people unable to pay bills fully. https://www.scmp.com/business/banking-finance/article/3281690/hong-kong-consumers-struggle-bills-and-loans-despite-rising-incomes-transunion-says?utm_source=rss_feed
Read MoreHong Kong, Singapore among worst at offering flexible work schedules, study finds
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Poll of 13 jurisdictions by consultancy Unispace puts two cities behind global average, suggests adjustable start times as partial solution. https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3281673/hong-kong-singapore-among-worst-offering-flexible-work-schedules-study-finds?utm_source=rss_feed
Read MoreHong Kong can be women’s rights role model for rest of world: former top Chinese diplomat
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Fu Ying, China’s former foreign affairs vice-minister, also says women should play greater role in ‘maintaining peace and creating security’. https://www.scmp.com/news/hong-kong/politics/article/3281660/hong-kong-can-be-womens-rights-role-model-rest-world-former-top-chinese-diplomat?utm_source=rss_feed
Read MoreHong Kong teaching assistant jailed 2 weeks, fined HK$5,000 for leaking DSE questions
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Woman, 23, known as ‘Ms.Lucy’ on Xiaohongshu, pleaded guilty to posting two pages of English question and answer book to promote tuition business. https://www.scmp.com/news/hong-kong/law-and-crime/article/3281650/hong-kong-teaching-assistant-jailed-2-weeks-fined-hk5000-leaking-dse-questions?utm_source=rss_feed
Read MoreUS chain Garrett Popcorn announces departure from Hong Kong in 13 years amid wave of business closures
Hong Kong Free Press American chain Garrett Popcorn has announced plans to close all five branches in Hong Kong, 13 years after it opened its first store in the city. “Garrett Popcorn Shops will be cooking our last batches in Hong Kong this month. Thank you for the past 13 years of Garrett Popcorn Shops…
Read MoreHong Kong police blow up WWII Japanese bomb found in waters off eastern New Territories
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Aerial bomb discovered in waters east of Sai Kung’s Shek Ngau Chau at depth of 13 metres thanks to citizen’s report. https://www.scmp.com/news/hong-kong/law-and-crime/article/3281639/hong-kong-police-blow-wwii-japanese-bomb-found-waters-eastern-new-territories?utm_source=rss_feed
Read MoreHong Kong customs seizes HK$130 million of cannabis in sea shipment of soybeans from Canada
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Haul is second seizure involving more than 500kg of cannabis buds this year, department says. https://www.scmp.com/news/hong-kong/law-and-crime/article/3281638/customs-finds-hk130-million-cannabis-sea-shipment-soybeans-canada?utm_source=rss_feed
Read MoreChina, US trade officials raise concerns over trade curbs between world’s biggest economies
Hong Kong Free Press The United States and China on Tuesday raised concerns about trade between the world’s two biggest economies, with China’s commerce minister urging Washington to lift sanctions on his country’s firms “as soon as possible”. Chinese Commerce Minister Wang Wentao’s call with US Commerce Secretary Gina Raimondo was described by Beijing as…
Read MoreShould Hong Kong banks pay you back if you are the victim of a financial scam?
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. About HK$4.5 billion in losses have been incurred from scam and fraud cases in the city in the first six months of 2024. https://www.scmp.com/business/banking-finance/article/3281499/should-hong-kong-banks-pay-you-back-if-you-are-victim-financial-scam?utm_source=rss_feed
Read MoreHong Kong housing market needs more rate cuts, wealth from stock gains to end slump
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Lower financing costs and greater wealth effect from stock gains are needed to overcome another year of declines in home prices, analysts say. https://www.scmp.com/business/article/3281605/hong-kong-housing-market-needs-more-rate-cuts-wealth-stock-gains-end-slump?utm_source=rss_feed
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