US-linked galleries at Art Basel Hong Kong unfazed by potential trade war impact
Galleries at city’s edition of international art fair say trade war tariffs have not affected buying sentiment among collectors.
More measures on the way to attract family offices to Hong Kong, Paul Chan says
More exemptions for funds and enhanced concessions for family offices to make city appealing for wealthy investors to manage their fortunes.
Online auction of vehicle registration marks to be held from April 10 to 14
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Avian Influenza Report (Volume 21, Number 12 (Week 12))
Avian Influenza Report (Volume 21, Number 12 (Week 12))
49th round of computer ballot registration for submitting applications for Northbound Travel for Hong Kong Vehicles to be open March 24 to 27
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Here’s all you need to know about Hong Kong’s coming medical fee changes
Revamped public healthcare charges are set to take effect on January 1 next year. We break down how patients will be affected.
TVB trims losses by 36pc to $491m
Cici Cao
Television Broadcasts (0511) said its 2024 net loss narrowed by 36 percent to HK$491 million from a year ago and that it expects a positive net profit for the full year of 2025.
The city’s major broadcaster said the smaller loss was mainly due to a HK$435 million improvement in earnings…
Bank of China net inches up to 237.8b yuan
Bank of China’s (3988) net profit last year inched up by 2.6 percent to 237.8 billion yuan (HK$254.5 billion) as lower interest rates hurt its income.
The state-owned bank’s revenue rose by 1.4 percent to 632.8 billion yuan, for the year ended in December 2024.
The net interest income fell by 4…
Mixue’s earnings growth slows
Themis Qi
Mixue Group’s (2097) net profit increased by 39.8 percent to 4.45 billion yuan (HK$4.76 billion) last year, slowing from one year ago amid the intensified competition in the freshly-made drinks market.
The growth of earnings from 2022 to 2023 was 58.3 percent in 2023, when the giant stood…
Uppland dangles attractive discounts for 17 flats
Staff reporter
The Uppland, the first phase of Gold Coast Bay in Tuen Mun, is offering discounts of up to nearly 20 percent for 17 designated units, the developer Early Light International announced.
The deal includes a maximum 12 percent discount under the payment plan, an early settlement rebate…
US gears to slap tariffs on copper imports
Agencies
US tariffs on copper imports could be coming within several weeks, months earlier than the deadline for a decision, according to people familiar with the matter.
US President Donald Trump in February directed the Commerce Department to open an investigation into potential copper tariffs…
BMW to use Alibaba’s AI for cars in China
Alibaba (9988) and BMW will team up to produce AI for cars in China, as the tech giant looks to monetize its emerging products and the German automaker seeks to catch up to local brands that are dominating the key market.
BMW will adopt AI cockpit technology from Alibaba-backed Banma for its…
Canada announces US$2 billion fund to support auto industry in response to U.S. tariffs
27th March 2025 – (Ottawa) Canadian Prime Minister Mark Carney unveiled a new fund on Wednesday aimed at strengthening the country’s auto industry in response to tariffs imposed by U.S. President Donald Trump. The initiative, described as a “strategic response fund,” is valued at 2 billion Canadian dollars (approximately 1.4 billion U.S. dollars), according to […]
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Increasing confidence in SEC approval of XRP ETF by 2025
27th March 2025 – (New York) The cryptocurrency community is buoyed by increasing expectations for the approval of an XRP exchange-traded fund (ETF) in 2025. Current sentiment on Polymarket indicates an 87% probability that the U.S. Securities and Exchange Commission (SEC) will approve a spot XRP ETF by year-end. This optimism has been significantly bolstered […]
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UN warns of humanitarian catastrophe in Gaza as conditions deteriorate
27th March 2025 – (Gaza) The United Nations agency for Palestine refugees has reported that the situation in the Gaza Strip is nearing a total collapse across all facets of life. Adnan Abu Hasna, spokesperson for the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA), stated in a press […]
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Hong Kong showcases blueprint for sustainable mobility and economic growth in public transport success
27th March 2025 – (Hong Kong) For many travellers, public transport is a source of anxiety—unreliable connections, confusing routes, and spiralling costs can derail even the best-laid plans. Yet in Hong Kong, such concerns are foreign. The city’s transport network, recently crowned the world’s best by global commuters, boasts a staggering 98% approval rating. This […]
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Tesla collides with taxi in Happy Valley, leaving three injured
27th March 2025 – (Hong Kong) At 4.16am today, a taxi carrying passengers was travelling along Morrison Hill Road towards Sports Road when it was struck by a Tesla electric vehicle. The Tesla was heading towards Happy Valley along Wong Nai Chung Road and collided with the left side of the taxi at the intersection […]
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Suspicious luggage at MTR Sung Wong Toi Station yields 41 pills of suspected Viagra
27th March 2025 – (Hong Kong) On the afternoon of 17th March, staff at MTR Sung Wong Toi Station reported an unclaimed suspicious suitcase. Upon receiving the call, police arrived to investigate and subsequently sealed off the B2 and B3 entrances of the station. By around 5pm, officers opened the suitcase and confirmed that it […]
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