Hong Kong customs uncovers gold bars worth HK$46 million in Japan-bound shipment
Discovery marks largest gold bullion-smuggling case uncovered by the department.
Avian Influenza Report (Volume 21, Number 10 (Week 10))
Avian Influenza Report (Volume 21, Number 10 (Week 10))
NCD Watch March 2025 – Colorectal Cancer Screening and Prevention
NCD Watch March 2025 – Colorectal Cancer Screening and Prevention
48th round of computer ballot registration for submitting applications for Northbound Travel for Hong Kong Vehicles to be open March 10 to 13
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Luxury Hong Kong project vendor fined for violating property sales rules
Win Extra, the seller of Pokfulam Peak, was fined HK$26,000 (US$3,345) after pleading guilty to three charges.
Mixue blazes ahead amid consumer stock boom
Staff reporter
Mixue Group’s (2097) shares have doubled their offer price, alongside other Chinese consumption stocks shining on the extended optimism about China’s boost to domestic demand.
But analysts warn a speculative mindset dominates the trading and investors should be cautious about the…
Topside Residences rolls out last flats
Gordon Yang
Topside Residences on Nathan Road in Jordan, developed by CSI Properties (0497), launched its seventh price list with its last 22 units at an average discounted price of HK$25,823 per square foot, 12 percent higher than the previous one.
Meanwhile, the developer plans to sell its 61…
Sunlight REIT distributable income dips
Gordon Yang
Henderson Land Development’s (0012) Sunlight Real Estate Investment Trust (0435) saw distributable income fall 2.1 percent to HK$337.3 million for the 12 months in 2024 from a year ago.
Revenue rose slightly by 0.4 percent to HK$817.1 million while net property income fell by 0.8 percent…
Herbs Generation faces lower profit
Health supplement supplier Herbs Generation (2593) has issued a profit warning less than three months after its highly anticipated Hong Kong listing, blaming listing expenses as a primary reason for the lower profit.
The company, co-founded by local actor Roger Kwok Chun-on and his sister Gammy Kwok…
Banks step up debt collection
Staff reporter
Hong Kong’s banks deployed over 548,500 debt collection agent accounts in the second half of last year, up by 25 percent from the first half, as more overdue payments were recorded amid the economic downturn.
The Hong Kong Monetary Authority has issued a notice to banks, urging them…
XPeng bets big on humanoids
XPeng (9868) may invest hundreds of billions of yuan in humanoid robots as there will be a huge demand for them in car manufacturing, its founder and chief executive He Xiaopeng said.
He noted XPeng has been deeply engaged in the humanoid robots industry for five years and is planning a long-term…
Hong Kong driver pinned to ground after Mercedes hits 4 vehicles in wild ride
Drama unfolds in Mong Kok when Mercedes-Benz reportedly speeds through crowded streets, hitting four vehicles, including police van.
Former DOJ pardon attorney claims job termination linked to Mel Gibson case
12th March 2025 – (Washington) Elizabeth G. Oyer, a former Justice Department pardon attorney, has alleged that her employment was terminated a day after she opposed the reinstatement of Mel Gibson’s gun rights. Oyer reported that two weeks prior, she had submitted a memo recommending the restoration of firearm privileges for nine individuals with prior […]
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U.S. halts additional 25% tariffs on Canadian steel following Ontario’s electricity surcharge suspension
12th March 2025 – (Washington) The United States has reversed its intention to impose an additional 25% tariff on Canadian steel and aluminium, a decision that came after Ontario Premier Doug Ford announced the suspension of a planned surcharge on electricity exports to three U.S. states. This change of course follows President Trump’s earlier threat […]
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Ukraine accepts U.S. proposal for 30-day ceasefire following Saudi talks
12th March 2025 – (Jeddah) Talks between the United States and Ukraine in Saudi Arabia have yielded positive results, with Ukrainian President Volodymyr Zelensky and his officials agreeing to a proposal for a 30-day ceasefire. U.S. Secretary of State Marco Rubio remarked, “The ball is now in Russia’s court.” The Kremlin has yet to respond, […]
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U.S. stocks extend losses as trade tensions weigh on markets
12th March 2025 – (New York) U.S. stocks continued their downward trajectory on Tuesday, with the S&P 500 inching closer to correction territory as escalating trade tensions and a deteriorating corporate outlook heightened investor anxiety. The Dow Jones Industrial Average fell by 478.23 points, or 1.14%, closing at 41,433.48. The S&P 500 dropped 42.49 points, […]
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Philippine President confirms departure of former leader Duterte to The Hague
12th March 2025 – (Manila) Philippine President Ferdinand Romualdez Marcos confirmed that a chartered jet carrying former President Rodrigo Duterte took off for the Netherlands on Tuesday night. The plane is en route to The Hague, where Duterte faces charges related to his controversial “war on drugs” campaign, as Marcos stated in a press conference […]
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U.S. Education Department to lay off over 1,300 staff as major downsizing begins
12th March 2025 – (Washington) The U.S. Department of Education plans to lay off more than 1,300 employees as part of a broader effort to reduce its workforce by half, a strategic move aligned with President Donald Trump’s intention to dismantle the agency. Department officials announced the cuts on Tuesday, raising concerns about the agency’s […]
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