News

Trade falters yet again

As expected, the balance of trade in January fell— but much sharper than expected.

Trade falters yet again

As expected, the balance of trade in January fell— but much sharper than expected.

Despite out-of-this-world rents, Hong Kong is businesses’ capital city

We talk of Hong Kong’s sky high rents and property prices as if they were investment killers. Surprisingly, a recent global survey shows that’s really not the case.

Fung buys French high-fashion house, Sonia Rykiel

Sonia Rykiel, one of the last family-owned French luxury brands founded by one of the world’s 10 most elegant women, has severed its continental roots and is moving its ownership to Hong Kong.

Microfinance pilot scheme a definite go

The highly-anticipated microfinance pilot scheme will begin loaning start-up capital to qualified business owners in the middle of this year.

Global crisis + low season = floundering property market

The January numbers for Hong Kong’s property market sectors mostly make for disheartening reading.

Easy money draws droves of Hong Kong investors

What should have been a humdrum day of selling banknotes marking the Bank of China’s 100th anniversary spun out of control into a “Get rich quick” opportunity that drew frantic investors by the hundreds.

Investors avoid initial gold ETF in RMB

All that glitters isn’t gold, including gold exchange-traded funds denominated in renminbi.

Widespread protests hit plan to ease road travel between Hong Kong and Guangdong

It's no longer about left-hand driving versus right-hand driving.

Hong Kong needs more foreign workers

Age is finally catching up to Hong Kong's aging and declining work force.

Goodbye to cross-border permits?

Motoring to Guangdong from Hong Kong will be easier starting March—but only for a few.

Houston and Hong Kong look to more trade

Hong Kong and the largest port city and city in Texas have a lot in common.

More spectrum for Hong Kong's mobile phones

With two mobile phones to every person, Hong Kong is Asia’s most “mobile” place.

Hong Kong to keep after property speculators

The frantic need to curb property speculation seems to trump all other considerations in Hong Kong.

HK throws start-ups a lifeline

A pilot micro-financing scheme just proposed by the government will entitle self-employed individuals and those undertaking self-enhancement training to borrow up to HK$300,000 each.

Property prices could lose a fourth of their value by 2013

Government's moves to check real estate speculation and prevent the housing bubble from bursting are working—but at the expense of already battered middle-class home owners.

Hong Kong to bite the bullet—again

It’s official: Hong Kong’s about to experience big-time pain. So much for the lucky Year of the Water Dragon.