World’s richest 500 lose $135 billion as Evergrande concerns spark market rout
By Tom Maloney & Blake Schmidt A global rout in stock markets sparked by concerns over China Evergrande Group hit the world’s biggest fortunes Monday, with the richest 500 people losing a combined $135 billion. Tesla Inc.’s Elon Musk led the declines as his world-leading net worth fell $7.2 billion to $198 billion, according to […]
Hong Kong bans Air India flights for 5th time over COVID-19 cases
NEW DELHI: Hong Kong has banned Air India flights from Delhi till December 3 after a few passengers on its flight tested positive for the novel coronavirus post-arrival earlier this week, an official said on Friday. This is the fifth time Air India’s flights from India have been banned by the Hong Kong government for […]
Hong Kong again bars Air India flights over Covid-19 cases
Hong Kong has barred Air India flights from Mumbai till November 10 after five passengers on the Indian carrier’s flight on October 25 tested positive for coronavirus infection. This is the fourth ban on Air India flights by Hong Kong after passengers have tested positive post arrival at the city. Delhi-Hong Kong flights were banned […]
Australia to offer residence option to 10,000 Hong Kongers
SYDNEY: The Australian government says it will offer around 10,000 Hong Kong passport holders currently living in Australia a chance to apply for permanent residence once their current visas expire. Prime Minister Scott Morrison’s government believes China’s imposition of a new tough national security law on the semi-autonomous territory means pro-democracy supporters may face political persecution. […]
Fearful Hong Kongers rush to secure limited British passports
Shortly before Hong Kong was handed back to China, Simon Ng applied for a British National (Overseas) passport, a document he never thought he’d need. Now he is considering whether to use it to emigrate. China’s plan to impose a sweeping national security law on the city in response to huge pro-democracy protests has Ng […]
UK’s Boris Johnson offers visas for millions in Hong Kong
British Prime Minister Boris Johnson said Tuesday he would offer millions of Hong Kongers visas and a possible route to UK citizenship if China persists with its national security law. “Many people in Hong Kong fear their way of life — which China pledged to uphold — is under threat,” he wrote in an article […]
China has betrayed Hong Kong, former HK governor says
By Guy Faulconbridge LONDON: China has betrayed the people of Hong Kong so the West should stop kowtowing to Beijing for an illusory great pot of gold, said Chris Patten, the last governor of the former British colony. Beijing is set to impose new national security legislation on Hong Kong after a sustained campaign of […]
China introduces new security bill in parliament to tighten controls over Hong Kong
By K J M Varma BEIJING: China on Friday introduced the draft of a controversial national security law in Hong Kong in its parliament to tighten Beijing’s control over the former British colony, in what could be the biggest blow to the territory’s autonomy and personal freedoms since 1997 when it came under the Chinese […]
‘P is for protest’: Hong Kong families join pro-democracy rally
HONG KONG:Armed with balloons and strollers, several hundred families took to the streets in Hong Kong on Saturday to show support for pro-democracy protests that are now in their third month. The colourful and calm atmosphere at the rally was a far cry from the increasingly violent confrontations that have marked recent demonstrations by activists […]
Connaught Place 9th most expensive office location; Hong Kong tops chart
NEW DELHI: New Delhi’s Connaught Place (CP) is the ninth most expensive office location in the world with an annual rent of nearly $144 per sq ft, according to property consultant CBRE. CP, located in the heart of the national capital, was at the ninth position even last year. In its annual Global Prime Office […]