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Chief Executive John Lee said on Tuesday Hong Kong will seize every opportunity to help social media influencers show the city to the world. Lee was speaking after YouTube megastar IShowSpeed's visit here last week. The live streamer drew crowds of fans and chaos as he made his way to Causeway Bay, Ocean Park and the Temple Street night market on F…
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An economist said on Tuesday he expects the US Federal Reserve to cut rates sooner at anytime in a bid to rescue the economy. The prediction came a day after a global stock market rout amid concern over the ongoing trade war as seen in tit-for-tat tariff levies between the world's two largest economies. Speaking on an RTHK radio programme, Terence …
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Chief Executive John Lee has hit out at the United States for slapping "reckless" tariffs on countries and places around the world, vowing to take steps to respond to the sweeping levies through deepening international cooperation. Washington has announced an additional 34 percent tariff on Chinese goods, which also applies to Hong Kong. Coming on …
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The Hang Seng Index gained 329.22 points, or 1.66 percent, to open at 20,157.52 points on Tuesday. Earlier, China's central bank, the People's Bank of China, said it would back major state-backed fund Central Huijin Investment in stabilising the market. On Monday, stock markets on the mainland, Hong Kong and elsewhere in Asia, sold off sharply on t…
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Tokyo's Nikkei index jumped nearly six percent in early trade on Tuesday after plunging 7.8 percent the previous day, as US tariffs fuel market volatility. The benchmark Nikkei 225 index was up 5.81 percent, or 1,809 points, to 32,946, while the broader Topix index gained 6.2 percent, or 141 points, to 2,430. Seoul's Kospi index was also up nearly …
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A volcano in the central Philippines erupted early on Tuesday morning, sending a plume of ash 4,000 metres into the sky and prompting calls for local school cancellations. Kanlaon Volcano, one of 24 active volcanoes in the Southeast Asian nation, erupted in December, prompting the evacuation of surrounding villages. The area around the volcano on t…
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US President Donald Trump on Monday threatened huge additional tariffs on imports from China, raising the possibility of further escalation in a trade war that has already wiped trillions of dollars from global markets. "If China does not withdraw its 34 percent increase above their already long term trading abuses by tomorrow, April 8th, 2025, the…
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Nurturing talent is the "cornerstone" in innovation and technology (I&T) development, according to the city's tech chief on Monday. Secretary for Innovation, Technology and Industry Sun Dong told a launch ceremony for the Polytechnic University's faculty of computer and mathematical sciences that SAR authorities have been taking steps to expand the…
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China on Monday accused the US of unilateralism, protectionism and economic bullying with tariffs, while calling on representatives of American companies including Tesla to “take concrete actions” to resolve the tariffs. Putting “America First” over international rules harms the stability of global production and the supply chain and seriously impa…
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Home affairs minister Alice Mak on Monday defended some district councillors who reportedly have not spoken during meetings for an entire year. Citing minutes, the Ming Pao newspaper reported that six appointed or ex-officio councillors never said a word at full council sessions in their first year in office. They're among 33 who reportedly didn't …
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From Monday, airline passengers have been banned from using and charging their power banks during flights and storing portable chargers in overhead compartments. The ban by the Civil Aviation Department came after a returning Hongkong Airlines' flight on March 20 had to make an emergency landing in Fuzhou due to a fire triggered by a portable charg…
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Under Secretary for Financial Services and the Treasury Joseph Chan said on Monday the government will pay close attention to the stock market and ensure that the city remains financially stable. Hong Kong stocks plunged on the first trading session after Beijing hit back over the US imposition of an extra 34 percent tariffs on Chinese goods by ann…
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US President Donald Trump warned foreign governments they would have to pay "a lot of money" to lift sweeping tariffs, characterising the duties as "medicine" and triggering further carnage across global financial markets on Monday. Speaking aboard Air Force One on Sunday, Trump indicated he was not concerned about losses that have already wiped ou…
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The financial secretary said on Monday Hong Kong is committed to creating a promising and successful future for Web3, or third generation Internet, development. Speaking at the Web3 Festival Hong Kong that has attracted thousands of participants from around the world, Paul Chan pointed out that Web3 allows transactions to be carried out more effici…
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A measles outbreak has killed a second child in the southwestern United States, authorities said on Sunday, with almost 650 people now infected as the highly-contagious disease spreads. The school-aged child, who was unvaccinated and had no underlying health conditions, died on Thursday in the hospital from measles pulmonary failure, the Texas Depa…
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Hong Kong firms making use of generative artificial intelligence may run the risk of data breaches, Privacy Commissioner Ada Chung warned on Sunday, as she explained how new advice issued by her office will help mitigate the dangers. Last week, Chung issued a checklist for companies that is designed to help them develop internal policies or guideli…
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