Read the latest news from regional and global sources, presenting different voices and perspectives.
Hong Kong jobless rate climbs to 3.7% in May–July
ETHRWorld Southeast Asia
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August 20, 2025
Hong Kong’s seasonally adjusted unemployment rate edged up to 3.7% between May and July, compared with 3.5% in the previous three-month period, according to official figures released on Tuesday. The government noted that the increase was mainly...
Hong Kong jobless rate rises to 3.7% as construction, F&B among sectors hardest hit
Hong Kong Free Press
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August 20, 2025
Hong Kong’s unemployment rate has risen to 3.7 per cent, the highest level since late 2022, with sectors like construction and food and beverage among those logging the steepest increases. A construction worker in Hong Kong. Photo: Kyle Lam/HKFP....
Hong Kong: HKUST Launches World’s Largest AI Social Simulation
OpenGov Asia
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August 19, 2025
The Hong Kong University of Science and Technology (HKUST) has unveiled “Aivilization”, an ambitious large-scale AI multi-agent social simulation platform that marks a new frontier in the study of human-AI interaction. As artificial intelligence...
Hong Kong clamps down on digital asset custody compliance
Coingeek
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August 20, 2025
Homepage > News > Business > Hong Kong clamps down on digital asset custody compliance The Hong Kong Securities and Futures Commission (SFC), the special administrative region’s top finance sector regulator, issued a circular last Friday outlining...
Hong Kong centre takes legal action against firm involved in water scandal
South China Morning Post
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August 20, 2025
A testing centre, where a Hong Kong lawmaker serves as a director, has taken legal action against a company suspected of procurement fraud over false claims that the body had issued safety certificates for 1.88 million bottles of water supplied to...
FWD Hong Kong introduces One&All insurance plan with tiered benefits
Insurance Asia
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August 19, 2025
FWD is also partnering with the Hong Kong Pharmaceutical Care Foundation. FWD Hong Kong has launched the One&All Medical Insurance Plan, a new product aimed at addressing gaps in Hong Kong’s healthcare protection, particularly self-financed...
Algo Forest Showcases Hong Kong Fintech Power on World Stage with Revolutionary "AI Signals Page"
The Slovenia Times
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August 20, 2025
Invited to landmark meeting with Abu Dhabi Investment Office, as its Forex Forest ecosystem empowers global retail investors, crediting H.K. government policy and Belt and Road opportunities. HONG KONG SAR - Media OutReach Newswire - 20 August...
Guotai Haitong’s SPV issues Rmb2.3bn of medium-term notes in Hong Kong
FinanceAsia
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Guotai Junan Holdings, the wholly owned offshore special purpose vehicle (SPV) of China’s Guotai Haitong Securities, has issued Rmb2.3 billion ($320 million) worth of three-year medium-term guaranteed notes, with a fixed coupon rate of 1.9%. ¬...
Hong Kong Joins LME’s Global Delivery System With 8 Certified Warehouses
Caixin
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The London Metal Exchange (LME) has accepted more than 8,000 tons of metal at eight newly certified warehouses in Hong Kong, formalizing the city’s role in the exchange’s global delivery network and bolstering its position as a logistics hub. In...
Is there any way back for Hong Kong’s crisis-hit restaurant sector?
South China Morning Post
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August 20, 2025
Hong Kong’s restaurant sector is in crisis, with a wave of closures, shrinking margins and residents lured by cheaper options locally and across the border. In the first of a two-part series, the Post looks at the industry’s troubles and whether...
Lessons from Hong Kong and China: What Malaysia can do to unlock its smart city potential
Malay Mail
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August 20, 2025
HONG KONG, Aug 20 — Imagine waking up and your kopi-o is already brewing because your artificial intelligence (AI) assistant knows you had a late night. It booked your e-hailing ride to the train station, reminded you to top up your e-wallet and...
Clarity on Hong Kong’s water procurement scandal needed quickly
South China Morning Post
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August 19, 2025
The Hong Kong government carries a heavy responsibility as a major procurer of goods and services. While there are well-established procurement guidelines to ensure value for public money, fair competition and accountability, irregularities may...
Apple Supplier Luxshare Seeks Hong Kong Listing to Boost Trade War Defenses
Caixin
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Luxshare Precision Industry Co. Ltd., a major Chinese assembler of Apple Inc.’s iPhones, has applied for a listing on the Hong Kong Stock Exchange, joining a wave of Chinese technology firms turning to international capital markets as they...
The ten best shipping companies in Australia
Independent Australia
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Finding the right shipping company in Australia can make a major difference for businesses and individuals who rely on reliable transport and logistics. The industry includes well-established names that handle everything from domestic freight to...
California man gets 8 years for shipping weapons to North Korea for surprise attack
FOX Rochester - New York
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LOS ANGELES (TNND) — A California man who admitted to shipping weapons and ammunition to North Korea was sentenced to eight years in prison on Tuesday. Shenghua Wen came to the US on a student visa from China in 2012. Wen remained in the country...
California man jailed for shipping weapons and ammunition to North Korea
Irish Independent
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Shenghua Wen (42) travelled to the US from China on a student visa in 2012 and remained in the country illegally after it expired, according to a statement from the US attorney’s office in Los Angeles. Wen pleaded guilty in June to one count of...
Hong Kong joins LME delivery network to boost global financial role
Xinhua News Agency
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HONG KONG, Aug. 19 (Xinhua) -- By joining the London Metal Exchange (LME) delivery network, Hong Kong has taken a major step toward building a robust commodity trading ecosystem, the city's financial chief said on Tuesday. Speaking at an unveiling...
Ronaldo given hero's welcome in Hong Kong as Nassr beat Ittihad in Super Cup
The National News
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Cristiano Ronaldo was given a hero's welcome on Tuesday as he played a pivotal role for Al Nassr in the Saudi Super Cup semi-final in Hong Kong – where his great rival Lionel Messi became public enemy number one last year for failing to play. The...
Hong Kong Exchange delists LET Group and Summit Ascent over governance concerns
Yogonet International
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August 19, 2025
Corporate governance concerns and regulatory scrutiny have culminated in the Hong Kong Stock Exchange’s decision to delist LET Group Holdings Ltd. and Summit Ascent Holdings Ltd., following suspended trading since early 2024 and unresolved...
Hong Kong Jobless Rate Rises To 3.7%
RTTNews
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August 19, 2025
Hong Kong's unemployment rate increased in the May-July period, labor force statistics from the Census and Statistics Department showed on Tuesday. The seasonally adjusted unemployment rate stood at 3.7 percent in May-July, up from 3.5 percent in...