Lai, Hong Kong
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Hong Kong Exchanges & Clearing reported record profit and revenue for the second quarter as trading and listing activity in the Asian financial hub continued to gain momentum.
A Hong Kong pro-democracy activist and a former lawmaker who are wanted by the city’s authorities have been granted asylum in Great Britain and Australia, respectively.
Hong Kong-headquartered lender Dah Sing Banking Group said its credit impairment in the first half of this year increased 34 per cent year-on-year, as the weakening commercial property market in Hong Kong weighed on its balance sheets.
Ex-lawmaker Ted Hui and pro-independence activist Tony Chung have received asylum in Australia and UK, respectively.
Hong Kong's stock exchange operator said on Wednesday its first half profit rose almost 40% to a record HK$8.52 billion ($1.09 billion), driven by a sharp increase in daily stock trading and a revived listings market.
Global shares are mostly lower, tracking a decline on Wall Street led by technology shares including Nvidia and other artificial-intelligence stars
An entire generation of classics from this golden age of action cinema is finally being restored and rereleased in the U.S.
Sadio Mane became the third Al-Nassr player in as many Saudi Super Cup editions to be sent off, but his early goal and a second-half strike from new signing Joao Felix secured a 2–1 win over Al-Ittihad in a tense semi-final on Tuesday.
Restaurants and bars say business rose by about 20 per cent when Ronaldo and his team Al-Nassr played on Tuesday.
A spike in Hong Kong dollar volatility due to higher borrowing costs may prove to be short-lived, according to option pricing.