Hong Kong
Aeon Store HK revenue rises 15.5% to $4.9b
Aeon Store HK revenue rises 15.5% to $4.9b
This was attributed to sales growth, effective business plan, and government grants.
Business optimism in Hong Kong climbs to 16%
Only 9% of businesses expected a better situation over the coming three months in the preceding quarter.
Pave sees rising demand for overseas property investments
The firm helps buyers purchase cross-border and handles administration for clients.
Worst is over? Hong Kong's jobless rate drops from 7.2% peak
Despite an uneven recovery, the unemployment rate will likely enter a sustained decline, OCBC has said.
Inflation rate speeds up slightly to 0.5% in March
This is faster than the 0.3% recorded in the same month last year.
Hong Kong Customs cracks down on syndicate accused of $2.5b money laundering
Six persons were arrested in the operation named “Shadow Hunter II”.
Turbulent times ahead as SG-HK travel bubble delayed anew
The declaration of a travel corridor between the two cities has been delayed for the second time.
Here are 2021's hybrid work trends you need to know
The work-from-home setup is unlikely to be going away just yet.
Market Update: HSI up 0.47%, trades higher as developed markets rebound
The Hang Seng Index reversed its loss as it closed up by 133.42 points or 0.47% at 28,755.34 on Thursday. This comes as recoveries were observed in developed markets.
Jobless rate fell to 6.8% in March, as fourth wave receded
This represents an improvement from the record high of 7.2% between December 2020-February 2021.
Struggling Gen Zs need to be 're-energized': study
More than 50% of Generation Z workers in Hong Kong say they are struggling.
Two-year slump ends as commercial property investment recovers: report
The total number of commercial real estate transactions rebounded by as much as 2.6x YoY.
HKBN interim profit falls 63% to $48.5m
The result represents a drop from $131.58m profit recorded in the six months ending in February 2020.
Grade A office vacancy up slightly to 9.4% in March
Only Central saw its vacancy rate drop during last month.
Emperor International sells industrial building for $508m
The sale shall be by way of transfer of shares of the company.
Hong Kongers shopping more online during the pandemic: report
42% of the respondents shared the sentiment that e-commerce was helping them through the current crisis.
Market Update: HSI down 1.76% on virus resurgence fears
The Hang Seng Index (HSI) closed down by 513.81 points or 1.76% at 28,621.92 on Wednesday. This is due to Asian markets’ growing concerns over resurgence of COVID-19 outbreaks, weighing on global investor sentiments.
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