COVID-19 & Flu Express (Volume 3), Number 9 (Week 9, 2025)
COVID-19 & Flu Express (Volume 3), Number 9 (Week 9, 2025)
Domestic helper in Hong Kong charged with child abuse after 1-year-old scalded
Woman accused of running hot water over one-year-old boy’s body, with police saying child has second-degree burns.
Football club boss, 3 others charged in Hong Kong match-fixing case
Four suspects allegedly involved in a syndicate linked to football match-fixing and illegal gambling, anti-corruption agency says.
Trump weighs steps to dismantle Department of Education
6th March 2025 – (Washington) President Donald Trump may take significant steps this week to initiate the elimination of the Department of Education, according to sources familiar with the matter. This move aligns with his broader strategy to substantially reduce the size of the federal government. White House officials have reportedly prepared an executive order […]
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CIA dismisses probationary employees as Federal workforce shrinks
6th March 2025 – (Washington) The Central Intelligence Agency has terminated several probationary employees as part of the Trump administration’s strategy to reduce the size of the federal government, according to an agency spokesperson. The CIA has been assessing staff who have been with the agency for two years or less, including a range of […]
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Why S&P’s oversupply argument is flawed and why stability is on the horizon in 2025
6th March 2025 – (Hong Kong) In response to a recent report from S&P Global Ratings warning of an oversupply in Hong Kong’s property market, the Hong Kong Special Administrative Region (HKSAR) government has issued a strong rebuttal. The government not only contests S&P’s claims but also emphasises the resilience and underlying strength of the […]
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Chinese boba chain goes West for funds
Bubble tea chain Chagee has received Chinese approval to list in the United States, adding to the number of mainland brands like Mixue (2097) that have been looking to raise funds offshore.
Chagee completed a filing with the China Securities Regulatory Commission to float shares on the US bourse,…
Euphoria over AI drives Hong Kong stocks past 24,000 mark
Staff reporter and agencies
Hong Kong shares rallied to a fresh three-year high yesterday as investors continued to pile into artificial intelligence shares and welcomed new policy support.
The benchmark Hang Seng Index jumped by 775 points, or 3.3 percent, to 24,369 at the close, the highest in…
Hardcore tech startups to get 1tn yuan boost
Themis Qi
China state economic planner yesterday said it plans to roll out a venture capital fund worth 1 trillion yuan (HK$1.07 trillion) to support startups in burgeoning industries that include artificial intelligence.
The news came as a team of mainland tech developers launched a new AI agent…
China cities get leeway to clear homes inventory
Bloomberg and staff reporter
China is considering scrapping a price cap for local governments buying unsold apartments, according to people familiar with the matter, as Beijing seeks to speed up the clearance of millions of empty homes and stem the property downturn.
Under the proposal, local…
Le Mont unveils first prices
Vanke Hong Kong unveiled the first price list for Le Mont in Tai Po, offering 81 flats at prices starting from HK$2.38 million after discounts.
The cheapest unit is a 248-sq-ft studio, but buyers of three- and four-bedroom units are eligible to purchase a studio at a discounted price of as low as…
Harbour Centre loss narrows to $70m
Staff reporter
Harbour Centre Development (0051) reported a narrowed net loss of HK$70 million last year, down 34.6 percent year-on-year, mainly due to a lower impairment provision for development properties.
The company said it will pay an interim dividend of 5 HK cents per share on April 23 in…
U.S. Rep. Al Green censured for disrupting Trump’s speech
7th March 2025 – (Washington) The House of Representatives voted on Thursday to censure U.S. Representative Al Green of Texas for his outburst during President Donald Trump’s State of the Union address. The resolution passed with a vote of 224 to 198, with ten Democrats joining all Republicans in support of the measure. The censure […]
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XRP whales accumulate US$700 million following surge in South Korean interest
7th March 2025 – (New York) XRP whales have amassed over $700 million in the cryptocurrency this week, according to data from crypto analytics platform Santiment. Interest in the Ripple-linked asset has surged in South Korea, particularly ahead of Donald Trump’s upcoming crypto summit on Friday. Trading volume for XRP on South Korean exchange Upbit […]
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U.K. finalises £30 million drone deal with Anduril for Ukraine
7th March 2025 – (Hong Kong) The United Kingdom has finalised a £30 million agreement with defence technology firm Anduril to supply Ukraine with advanced attack drones, the Ministry of Defence announced on Thursday. This deal was secured during U.K. Defence Secretary John Healey’s visit to Anduril’s facility in Washington D.C., prior to discussions with […]
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UK exempts Hong Kong BN(O) passport holders from needing ETA ahead of travel
Migration and citizenship minister Seema Malhotra says in letter the Home Office will amend the immigration rules ‘at the earliest opportunity’.
