Hong Kong office rents and rental values expected to decline further amid uncertainties about global, Chinese economies, analysts say
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Hong Kong’s office rents and rateable values are expected to fall amid high vacancies, new supply, uncertainties around the global economy and downsizing by firms, analysts say. https://www.scmp.com/business/article/3226425/hong-kong-office-rents-and-rental-values-expected-decline-further-amid-uncertainties-about-global?utm_source=rss_feed
Read MoreHong Kong’s talent hunt is giving its property market a needed boost
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Signs of an influx of returning professionals and newcomers under the recently launched talent scheme provide optimism that the city’s economy, while not fully recovered, is on the way to recovery. https://www.scmp.com/comment/opinion/article/3226385/hong-kongs-talent-hunt-giving-its-property-market-needed-boost?utm_source=rss_feed
Read MoreAustralian Consumer Confidence Languishes At 30-Year Lows
Wall Street Journal Australian consumer confidence dimmed further last week with consumers bracing for further interest-rate increases and cost-of-living gains, especially in the area of energy prices. https://www.wsj.com/articles/australian-consumer-confidence-languishes-at-30-year-lows-f270a67e
Read MoreZelensky Accuses Russia of Trying to Kill Georgia’s Former President Saakashvili
New York Times Mikheil Saakashvili, now a Ukrainian citizen, has been imprisoned in Georgia. He appeared frail and skeletal in a court appearance that renewed concerns about his treatment in prison. https://www.nytimes.com/2023/07/03/world/europe/mikheil-saakashvili-georgia-zelensky-russia.html
Read MorePaine Schwartz Makes $1.08 Billion Offer for Australian Fruit Grower Costa
Wall Street Journal Fruit and vegetable grower Costa Group received an unsolicited takeover proposal from U.S. private-equity firm Paine Schwartz Partners valuing the Australian company at $1.08 billion. https://www.wsj.com/articles/paine-schwartz-makes-1-08-billion-offer-for-australian-fruit-grower-costa-3b6b4641
Read MoreAbout 1 million Hongkongers who haven’t replaced smart ID cards face long waits for appointments
Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Old ID cards are still valid and may be replaced at six Registration of People offices across city. https://www.scmp.com/news/hong-kong/society/article/3226408/about-1-million-hongkongers-who-havent-replaced-smart-id-cards-face-long-waits-appointments?utm_source=rss_feed
Read MoreHong Kong security law to deal with ‘soft resistance,’ security chief Chris Tang says
Hong Kong Free Press Hong Kong’s own security legislation will have provisions to deal with “soft resistance,” Secretary for Security Chris Tang has said. In an interview with state-backed newspaper Ta Kung Pao, the security chief said Hong Kong had seen “soft resistance” in recent years, as well as online discussions and publications that could…
Read MoreThe Salad of the Summer
Wall Street Journal Cool, crisp, tangy, salty, just a little meaty and oh so simple. For effortless summer entertaining, commit this simple recipe to memory. https://www.wsj.com/articles/the-salad-of-the-summer-832b86f8
Read MoreFrench trainers instructed not to befriend Ukrainian soldiers — newspaper
Disclaimer: TASS is Russian government propaganda, and not a reliable news source. The newspaper Le Figaro reports that secrecy is cited as the main reason https://tass.com/world/1642113
Read MoreNikkei Likely Rangebound; Focus on Yen
Wall Street Journal The Nikkei Stock Average may be rangebound as caution continues over policy tightening by central banks and after the benchmark index hit a new 33-year high on Monday. https://www.wsj.com/articles/nikkei-likely-rangebound-focus-on-yen-d2ef5b59
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