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SEOUL. South Korea (AFP) — South Korea briefly seized and inspected a Hong Kong-registered ship in November for transferring oil products to a North Korean vessel and breaching UN sanctions, a foreign ministry official said Friday. The Lighthouse Winmore, which was chartered by a Taiwanese company and carrying around 600 tonnes of oil products from South Korea’s Yeosu port, transferred part of its cargo to a North Korean vessel on October 19, the official said. South […]
PHNOM PENH, Cambodia (AFP) — Cambodia sent its first batch of maids to work in Hong Kong on Wednesday, December 27, as the Asian financial hub scrambles to meet growing demand for domestic helpers after a series of abuse scandals. Hong Kong is home to more than 300,000 foreign maids, mostly from the Philippines and Indonesia. But high-profile cases of abuse and forced labor have seized global headlines in recent years and threatened to […]
HONG KONG, China (AFP) — Hong Kong carrier Cathay Pacific said Monday that one of its air crews spotted what they believed to be the missile fired by North Korea last week, as they flew between the United States and the southern Chinese city. The North fired an intercontinental ballistic missile believed capable of hitting the US mainland last Wednesday. A statement from Cathay said a flight crew had that day sighted “what is […]
Hong Kong and Southeast Asian nations signed a free trade deal Sunday, in what one minister described as a “clear vote” against protectionism, as the United States withdraws into its “America First” rhetoric. The city, a special administrative region of China, forged the agreement with the Association of Southeast Asian Nations (ASEAN) on the sidelines of a summit in Manila to be attended by world leaders including US President Donald Trump. The ministers were meeting […]
HONG KONG, China (AFP) — Asian markets rose Tuesday, tracking records on Wall Street as investors appeared to shrug off nervousness over tensions on the Korean peninsula, with US President Donald Trump visiting Seoul. US stocks hit fresh highs for the second straight day while London’s FTSE 100 also powered to a new record close. The positive trend continued in Asia, where markets edged up despite concerns that Trump’s two-day visit to South Korea would […]
BEIJING, China (AFP) — China has passed legislation to punish anyone who disrespects the national anthem with up to three years in prison, state media reported Saturday. The changes to China’s criminal law were approved during a committee meeting of the country’s rubberstamp parliament, the National People’s Congress (NPC), according to the official Xinhua news agency. “Serious cases of disrespecting the country’s national anthem in public would get punishments including deprivation of political rights, […]
by Elaine Yu Agence France-Presse HONG KONG, China (AFP) — Profits at banking giant HSBC leapt five fold in the third quarter to $4.6 billion, the company said Monday, as business booms in Asia and a huge restructuring drive bears fruit. The massive jump in pre-tax profits came weeks after a new chief executive was unveiled as part of a management overhaul that has seen the London-based behemoth roar back from costly write downs. John Flint, head […]
HONG KONG, China (AFP) — Asian stocks markets were largely flat in early trade on Monday as investors braced for key earnings reports and US President Donald Trump’s announcement of the new Federal Reserve chair. Hong Kong and Tokyo shed early gains after traders — boosted by strong US growth data at the back end of last week — had initially followed Wall Street upward, while the Shanghai exchange was more sharply down. Wall Street […]
HONG KONG, China (AFP) — Shares in Hong Kong fell again at the open on Tuesday following a retreat from record highs in New York and in line with a broad sell-off across Asia. The Hang Seng Index slipped 0.26 percent, or 73.26 points, to 28,232.62. The benchmark Shanghai Composite Index inched down 1.49 points to 3,379.21, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, was 0.30 percent, or 5.99 points, lower at 2,006.06. […]
QUEZON CITY, Philippines (Eagle News) – The soldiers who fought against IS-inspired terrorists for months to liberate Marawi City will be given a free trip to Hong Kong. Presidential Communications Secretary Martin Andanar said the free trip to Hong Kong and vacation there promised by President Rodrigo Duterte to the soldiers who fought in Marawi City will be fulfilled. “That will push through, but the President has yet to set a schedule,” Andanar said in […]
HONG KONG, China (Reuters) — The last privately-owned painting, Salvator Mundi, by Leonardo da Vinci was unveiled in Hong Kong on Friday (October 13). The Leonardo Da Vinci work, one of fewer than 20 paintings accepted from the artist’s own hands, is expected to fetch $100 million when it hits the auction block at Christie’s in New York on November 15. Christie’s Head of Old Master Painting, Francois de Poortere, said the painting, sometimes called […]
HONG KONG, China (AFP) — Hong Kong shares opened slightly higher on Tuesday after the previous day’s losses but gains were muted following a weak lead from Wall Street. The Hang Seng Index added 0.15 percent, or 41.88 points, to 28,368.47. But the benchmark Shanghai Composite Index inched down 1.04 points to 3,373.34 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, was also virtually flat, dipping 0.62 points to 2,013.81. © Agence France-Presse
