Hong Kong Financial News

12.08 / 12:53

Digital Manufacturing Apple AirPods HON electronic Apple supplier Foxconn increases Telangana investment proposal: ‘Another US$400 million is coming…’

Taiwan-based Foxconn has revealed plans to increase their investment in India by ‘another $400 million’. Apple's biggest supplier is likely to use its upcoming Kongarkalan facility for the manufacture of AirPods and other digital accesories. The company had laid the foundation for a new electronics manufacturing facility in May this year as part of its USD 500 million investment in Karnataka "…FIT Singapore's proposal to make a capital injection of US$ 400,000,000 to Chang Yi Interconnect Technology (India) Private Limited, which is held by FIT Singapore as to 99.99 per cent of the capital stock," FIT Hon Teng informed the Hong Kong Stock Exchange on Friday.

12.08 / 10:11

UPS Waves Southern film performer 500 Rajinikanth's 'Jailer' movie has a sensational start, predicted to cross Rs 500 crore lifetime earnings

Superstar Rajinikanth's latest film, 'Jailer', is creating waves at the box office. Initial estimates projected the movie to earn over Rs 25 crore, but it has far exceeded expectations by raking in more than Rs 100 crore in just two days.

12.08 / 10:11

UPS Manufacturing Apple HON social electronic Apple supplier Foxconn ups its investment proposal in Telangana to $550 million

Telangana, V Lee, Foxconn India representative said in a social media post. Taiwan-based contract manufacturer Foxconn is Apple's biggest supplier. "...FIT Singapore's proposal to make a capital injection of US$ 400,000,000 to Chang Yi Interconnect Technology (India) Private Limited, which is held by FIT Singapore as to 99.99 per cent of the capital stock," FIT Hon Teng informed the Hong Kong Stock Exchange on Friday.

11.08 / 15:35

Bitcoin Wallet crypto startup seed funding Xverse Secures $5 Million in Seed Funding Round for Bitcoin Web3 Wallet, Led by Jump Crypto

Yesterday, Hong Kong-based startup Xverse, the provider of a Bitcoin Web3 wallet that supports Ordinals and BRC-20 inscriptions, successfully raised $5 million in a seed funding round led by Jump Crypto.

11.08 / 13:55

regulation exchanges Hong Kong securities regulator issues in-principle approval to HKVAX

Hong Kong’s Securities and Futures Commission (SFC) has issued an in-principle approval to Hong Kong Virtual Asset Exchange (HKVAX) to operate a virtual asset trading platform under the region’s securities laws.

11.08 / 10:05

ChatGPT OpenAI Crypto users IQ.wiki Empowers Crypto Users with ChatGPT-Enhanced Search Function

Blockchain encyclopedia IQ.wiki has launched a GPT-4 search engine for crypto users based on OpenAI's ChatGPT, and it plans to integrate more artificial intelligence (AI) features.

11.08 / 08:43

UPS COMPOSITE Tapestry show Asian stocks Stock market today: Asian stocks decline after US inflation edges higher

Asian stock markets are lower after U.S. inflation edged higher, fueling unease about the outlook for the biggest global economy

11.08 / 05:13

UPS Provident COMPOSITE show country Asian stocks Asian stocks slide on China jitters, U.S. CPI offers little cheer

Investing.com-- Most Asian stocks sank on Friday, with Chinese shares leading losses on persistent concerns over the property market, while data showing a rise in U.S. inflation did little to improve sentiment.

11.08 / 05:13

UPS Citi Lowe's country Low Country Garden shares hit record low on loss forecast, restructuring fears

By Clare Jim

11.08 / 02:25

COST UPS Extreme Fox song Millions of Americans continue to struggle to pay costly AC bills despite billions in federal aid

Fox News Flash top headlines are here. Check out what's clicking on Foxnews.com.

11.08 / 02:16

COST BLOCK ETF Chinese bourses improve trading mechanism to revive stock market

HONG KONG (Reuters) — Shanghai and Shenzhen stock exchanges said late Thursday they would study measures to lower investors' trading costs and improve liquidity to further stimulate the market.

11.08 / 02:11

DOW NIFTY SENSEX KOSPI Six things that changed for market overnight: Gift Nifty, US inflation to global market cues for Sensex today

equity market is expected to open on a weaker note on Friday following mixed cues from global peers. The Asian markets were trading mixed, while the US stock indices ended largely flat overnight after the inflation for July came in lower than expected, raising hopes of an end to the aggressive policy tightening by central bank. On Thursday, the domestic market got spooked by the hawkish commentary from the Reserve Bank of India (RBI), with both the benchmarks Sensex and Nifty ending nearly half a percent lower each.

11.08 / 01:01

Adoption white house Military generative AI Pentagon forms ‘Task Force Lima’ to map generative AI for US defense

The United States Pentagon has launched a new task force to look into how generative artificial intelligence can be used for the nation’s defense.

10.08 / 19:55

Platform Racing Align Sony film love country Gran Turismo movie: See cast, release window on Netflix and more

Gran Turismo movie is set to debut on Netflix in the US and other countries, following its theatrical release at the end of August. The film, based on the video game with the same title, revolves around the story of a GT Academy participant, who transitions from virtual to real-world racing.

10.08 / 14:51

Entertainment Vietnam EV maker VinFast gets SPAC shareholders' nod to list in US

HANOI (Reuters) — Shareholders of Black Spade Acquisition, a Hong Kong-based blank-cheque company, on Thursday approved a merger with Vietnam's electric automaker VinFast, allowing the carmaker to list in the United States this year.

10.08 / 14:35

Technology regulation U.S. US and China AI-tech standoff shows signs of spreading to other countries

The emergence of high-level artificial intelligence (AI) technology has caused the United States and China to safeguard their resources in a race to develop the most powerful systems.

10.08 / 14:05

Citizens VISA Airlines country boost China Lifts Ban on Group Tours to U.S. and Other Countries, in Boost to Global Travel Industry

HONG KONG—China lifted restrictions on group tours to the U.S., Australia, South Korea and Japan on Thursday, a move that is set to boost global tourism after three years of pandemic restrictions. China’s Ministry of Culture and Tourism added almost 80 new destinations to a list of countries approved for group travel on Thursday, with immediate effect. The countries were the third batch of places that group tours led by travel operators can now visit, including some in East Asia that are among the most popular destinations for Chinese holiday makers.

10.08 / 12:45

UPS Provident Airlines Cathay cover Cathay announces plans to buy 32 new single-aisle Airbus aircraft

(Reuters) -Hong Kong's Cathay Pacific Airways (OTC:CPCAY) on Thursday said it intends to purchase up to 32 Airbus A321neo and A320neo aircraft to invest and upgrade its fleet, bringing the carrier's new aircraft deliveries to up to more than 70.

10.08 / 10:55

Action Citigroup show country inflation data Eyes on US inflation data, commodity prices rise

Global stocks climbed while Treasuries traded flat as investors awaited US inflation data for cues on the Federal Reserve’s next steps. European gas prices advanced on concern about potential industrial action in Australia.

10.08 / 09:29

show country UK considers response to US ban on tech investments in China

Joe Biden to prohibit some tech investments in China, adding it was continuing to assess potential national security risks. Biden signed an executive order on Wednesday that authorizes the US Treasury secretary to prohibit or restrict US investments in Chinese entities in three sectors: semiconductors and microelectronics, quantum information technologies and certain artificial intelligence systems.

10.08 / 08:33

UPS Target BLOCK Chase Renewables Renewables group seeks to divest Queensland pipeline

Ambitious pan-Asian renewable energy developer Carbon Resilience is seeking to capitalise on the rush to secure early-stage renewable development assets, kicking off a sales process for its 14-gigawatt development portfolio in Queensland.

latest developments in Hong Kong

What is the current situation in Hong Kong?

In Hong Kong, the spotlight is on major events that impact the interests of residents.

Where can I find reliable news about Hong Kong?

We publish in-depth coverage about the situation in Hong Kong, based on information from regional journalists.

What shapes the media agenda in Hong Kong?

The news landscape of Hong Kong is shaped by key decisions by local authorities, reflecting its specific characteristics.