Hong Kong banks to see biggest rise in bad loans in Asia-Pacific due to US tariffs: Fitch
Higher US tariffs could weaken banks’ profitability and asset quality in export-reliant markets, rating agency says.
Hong Kong police arrest 6 over HK$20 million government loan fraud
3 men and 3 women, aged between 29 and 45, applied for funds under the Special 100 per cent Loan Guarantee Scheme.
Chinese tea firm Chagee raises US$411 million in New York IPO, sources say
At US$28 per depositary share, Chagee will be valued at US$5.1 billion, according to its regulatory filings.
Tech war: Nvidia founder Huang visits Beijing amid H20 restrictions
Huang arrived in Beijing on Thursday at the invitation of the China Council for the Promotion of International Trade.
TSMC’s profit beats estimates amid chip stockpiling in pre-tariff rush
The main chipmaker for Nvidia and Apple reported March-quarter net income of US$11.1 billion.
China’s Xi wraps up Malaysia visit with jet, chip deals before heading to Cambodia
The Chinese president’s tour through Southeast Asia comes as Beijing seeks to position itself as the region’s most dependable trade partner.
Trump ups pressure on Harvard, threatens to ban university from accepting foreign students
The US president said the school ‘can no longer be considered even a decent place of learning’ after it refused to bow to his demands.
Chinese developers of low-altitude aircraft set sights on US, even with high tariffs
China’s ambitions have set off a production boom that may be too much for today’s domestic market, says Fudan University finance professor.
Bishop Stephen Chow urges Hongkongers to ‘make a difference’ amid trade turmoil
In his Easter message, city’s top Catholic priest says residents should remain united in the face of bleak global sentiment amid intensifying US-China trade war.
BYD’s US$18,300 electric SUV has autopilot-like system, and a DJI drone in premium model
BYD slashed the price of the Titanium 3, which includes its new advanced driver assistance system, at the last minute, capitalising on Tesla’s China challenges.
What crowds? Hong Kong geopark hotspot quiet on Easter holiday after warnings
Worries about crowds at High Island Reservoir’s East Dam in Sai Kung appear to have put some visitors off, while others soak up the serenity.
Hong Kong’s Muslims welcome Halal Food Festival as latest step towards inclusivity
City is also more than halfway towards goal of establishing 500 halal-friendly restaurants by end of year.
DHL Express suspends business-to-consumer shipments to US
Business-to-business shipments to US companies with declarable value above US$800 will not be suspended, but might also face delays, company says.
Fire breaks out at Yau Ma Tei Fruit Market, engulfing truck and storage
20th April 2025 – (Hong Kong) At around 11pm on 19th April, a fire broke out at the rear area of two corrugated iron storage units at the fruit market on Canton Road near Shek Lung Street, as well as a truck parked nearby. Witnesses quickly reported the incident to emergency services. Images provided by […]
The post Fire breaks out at Yau Ma Tei Fruit Market, engulfing truck and storage appeared first on Dimsum Daily.
Tesla crashes into police car after 14-km pursuit following roadblock evasion in Tsim Sha Tsui, four arrested
20th April 2025 – (Hong Kong) At around 5am today, a Tesla car evaded a roadblock set up by traffic police and tactical units at the intersection of Austin Road and Chatham Road South in Tsim Sha Tsui. Officers immediately pursued the vehicle and alerted their colleagues for assistance. The chase extended approximately 14 kilometres, […]
The post Tesla crashes into police car after 14-km pursuit following roadblock evasion in Tsim Sha Tsui, four arrested appeared first on Dimsum Daily.
Supreme Court orders Trump administration to pause deportation of Venezuelans
20th April 2025 – (Washington) The Supreme Court, in the early hours of Saturday, directed the Trump administration not to proceed with the deportation of Venezuelan men in Texas alleged to be gang members. The court issued a brief order halting the deportations, stating that no action should be taken until further notice. This decision […]
The post Supreme Court orders Trump administration to pause deportation of Venezuelans appeared first on Dimsum Daily.
Solana defies crypto market decline with 10-day rally
20th April 2025 – (New York) Solana’s price has shown resilience in the face of market-wide declines, rallying nearly 20% in the past week and 8% over the past month. At the time of writing, Solana (SOL) trades at $138.75, having rebounded from its downward trend on 10th March and consolidating around the $135 level, […]
The post Solana defies crypto market decline with 10-day rally appeared first on Dimsum Daily.
Hong Kong struggles with a workaholism epidemic that destroys balance
20th April 2025 – (Hong Kong) The abandoned Tesla on Tolo Highway yesterday wasn’t just another traffic incident – it was Hong Kong’s entire work culture crystallised into a single, damning image. As the crumpled luxury vehicle sat with its airbags deployed and windshield shattered, its owner had already disappeared into the morning rush hour, […]
The post Hong Kong struggles with a workaholism epidemic that destroys balance appeared first on Dimsum Daily.
Netanyahu rejects Hamas proposal as hostage crisis sparks protests across Israel
20th April 2025 – (Jerusalem) On Saturday evening, Israeli Prime Minister Benjamin Netanyahu stated that Hamas had rejected a proposal to release half of the living hostages held in Gaza. The militant group reportedly demanded an end to the war and a full Israeli military withdrawal from Gaza in exchange. Netanyahu, in a recorded video […]
The post Netanyahu rejects Hamas proposal as hostage crisis sparks protests across Israel appeared first on Dimsum Daily.
