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The Latest Breaking News from Kong

Markets extend global rally as banking sector fears ease

Hong Kong (AFP) - Asian and European markets rose Friday, extending a global rally, as traders welcomed multi-billion-dollar shows of support for troubled banks aimed at soothing concerns about contagion in the sector.

AFP

Hong Kong scraps one of world's last Covid mask mandates

Hong Kong (AFP) - Hongkongers will finally be able to leave home without a face mask from Wednesday, nearly 1,000 days after the pandemic mandate was imposed.

AFP

Asian markets mixed, with rates set to go higher

Hong Kong (AFP) - Asian markets were mixed Tuesday, with traders trying to gauge the outlook for the US economy as they price in more interest rate hikes than previously predicted.

AFP

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Asian markets mostly fall with rates set to go higher

Hong Kong (AFP) - Asian markets swung lower Tuesday, with traders trying to gauge the outlook for the US economy as they price in more interest rate hikes than previously predicted.

AFP

Hong Kong woos tourists with air tickets and vouchers

Hong Kong will give away air tickets and vouchers to woo tourists back

The Independent UK

Yen holds gains, markets bounce after Bank of Japan move

Hong Kong (AFP) - The yen held onto gains Wednesday and equity markets rebounded from a plunge the day before fuelled by the shock Bank of Japan decision to shift away from its ultra-loose monetary policy.

AFP

Stock markets fall, yen rallies after BoJ policy move

Hong Kong (AFP) - Markets fell Tuesday and the yen rallied after Japan announced a surprise tweak to its ultra-loose monetary policy, just as traders were fretting that central bank efforts to tame inflation will tip economies into recession.

AFP

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Stocks hit as recession fears overshadow China reopening hope

Hong Kong (AFP) - Most stocks suffered more selling Wednesday while oil held losses on growing fears Federal Reserve monetary tightening will tip the US economy into recession.

AFP

Asian stocks hit as recession fears overshadow China reopening hope

Hong Kong (AFP) - Asian stocks extended a global sell-off Wednesday while oil held losses on growing fears Federal Reserve monetary tightening will tip the US economy into recession.

AFP

Asian equities, oil prices dragged by recession fears

Hong Kong (AFP) - Asian investors extended a sell-off across global markets Wednesday while oil held losses on growing fears Federal Reserve monetary tightening will tip the US economy into recession.

AFP

Asian markets mixed as China Covid worries grow

Hong Kong (AFP) - Growing fears about China's latest Covid-19 outbreak on Tuesday rattled investors, who fear authorities will revert to highly restrictive containment measures that have already dealt a chilling blow to the world's number two economy this year.

AFP

Asian markets struggle as China Covid worries build

Hong Kong (AFP) - Growing fears about China's latest Covid-19 outbreaks Tuesday rattled investors, who fear authorities will revert to highly restrictive containment measures that have already dealt a chilling blow to the world's number two economy this year.

AFP

Crowds, colour and Covid rules as Hong Kong Rugby Sevens returns

Hong Kong (AFP) - Fans of the Hong Kong Rugby Sevens shrugged off a three-year pandemic absence as the weekend sporting spectacle kicked off with drinking, fancy dress -- and Covid rules.

AFP

'Law and order returned' Hong Kong's US-sanctioned leader says at banking summit

Hong Kong (AFP) - Hong Kong’s US-sanctioned leader insisted Wednesday that political stability and business confidence in the city has been restored following the crushing of democracy protests, as he opened a financial summit attended by global bankers including leading Wall Street executives.

AFP

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AFP

Markets boosted by rate hopes ahead of Fed decision

Hong Kong (AFP) - Most markets rose Monday ahead of a crucial Federal Reserve policy meeting later in the week, with investors hoping for a less hawkish tilt in their plans for interest rates.

AFP

Hong Kong to 'trawl world for talent' in reboot attempt

Hong Kong (AFP) - Hong Kong's leader unveiled plans to resuscitate the business hub's fortunes on Wednesday, hoping to lure back international expertise after an exodus of talent -- but he vowed no let-up in a political crackdown that has transformed the city.

AFP

Dollar softens after rally but Asian stocks struggle to recover

Hong Kong (AFP) - The dollar lost a little of its strength Tuesday after starting the week by surging against major peers, including a record high versus the pound, though equity traders struggled to claw back recent losses owing to recession fears.

AFP

'Anything could happen' against Hong Kong, says India's Jadeja

Dubai (AFP) - India all-rounder Ravindra Jadeja insisted that the tournament favourites would not take anything for granted when they face minnows Hong Kong in the Asia Cup on Wednesday.

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AFP

Asian markets fall as investors eye US Fed outlook

Hong Kong (AFP) - Asian markets were mostly lower on Wednesday as investors await news on the next US interest rate hikes.

AFP

Asian stocks mixed as recession fears grow, China data disappoints

Hong Kong (AFP) - Stocks were mixed in Asia on Friday as soaring inflation and a series of interest rate hikes around the world continued to fan recession fears, while a big miss on Chinese growth added to anxiety about the world's biggest economies.

AFP

Hong Kong rights lawyer says he fled 'cold winds' of suppression

Hong Kong (AFP) - When he saw the crowd of reporters waiting for him at Hong Kong airport, British human rights lawyer Michael Vidler knew he had been right to close his firm and flee the city.

AFP

US rate hikes strain Hong Kong's virus-weakened economy

Hong Kong (AFP) - Recent rate hikes from the Federal Reserve have come at a bad time for Hong Kong which, thanks to its US dollar peg, must follow suit despite its own flagging economy.

Reuters

Hong Kong zero-COVID policies create mountains of plastic waste

Hong Kong arrivals meet plastic everywhere in quarantine hotels: Remote controls are wrapped in cellophane, pillows are encased in plastic bags, food comes with plastic cutlery.

The Guardian - UK

Carrie Lam: a divisive leader in Hong Kong’s turbulent times

Tenure of woman who rose through ranks to become governor marked by controversies and scandals

AFP

Hong Kong demands UK rights group scrub website

Hong Kong (AFP) - A UK-based rights group pledged Monday not to remain silent after Hong Kong's government demanded it shutter its website and accused it of endangering China's national security.

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