Forex Directory Hong Kong News

Guy Bradley takes helm as Cathay chairman, Patrick Healy retires after 3 decades
Wednesday, May 13,2026,05:33

Guy Bradley has assumed the role of chairman of Hong Kong flag carrier Cathay Pacific Airways and Swire Coca-Cola, succeeding Patrick Healy, who will retire from the group after more than three decades of service. Bradley, 60, is also chairman of Swire Pacific, John Swire & Sons (H.K.) and Swire Properties. He was appointed chairman of the conglomerate’s airline and bottling operations last December. He previously said that, as chair of the Cathay Group, he would focus on enhancing the company’s... .. read more..

Canvas reaches deal with hackers to return data, including Hong Kong users
Wednesday, May 13,2026,04:57

Canvas, the education platform hit by a global data breach affecting 72,571 Hongkongers, has reached an agreement with the hackers to return all compromised data. Instructure, the parent company of Canvas, has said it would hold a webinar for its leadership on Wednesday to provide details of the attack and discuss measures to “harden the system”. The breach, which has been unfolding since last Thursday, is estimated to have affected about 9,000 institutions worldwide. In a statement on its... .. read more..

IKEA Tsim Sha Tsui store pulls frozen dessert after bacteria exceed safety li...
Wednesday, May 13,2026,04:51

IKEA’s Tsim Sha Tsui outlet has halted sales of a frozen dessert item after a food safety test found that its level of coliform bacteria exceeded the standard limit. The Food and Environmental Hygiene Department said in a statement on Tuesday night that the Centre for Food Safety (CFS) conducted tests on a frozen confection […] .. read more..

‘Heavy’ hearts as residents of Wang Fuk Court’s only spared block return again
Wednesday, May 13,2026,04:23

Residents of the only block left largely unscathed in Hong Kong’s Tai Po fire have brought large suitcases, trolleys and cardboard boxes as they return home for a second time to collect their belongings. Homeowners on Wednesday also said they felt they had played a passive role and still had many questions about the government’s voluntary buy-back scheme for their flats after the November 26 fire engulfed seven of the eight blocks in Wang Fuk Court, killing 168 people and displacing nearly... .. read more..

Rubio, with new Chinese name, heads to Beijing with Trump despite sanctions
Wednesday, May 13,2026,04:11

Secretary of State Marco Rubio was due Wednesday in Beijing with President Donald Trump despite being under sanctions from China, whose new approach to him has included changing how his name is written. As a US senator, Rubio fiercely championed human rights in China, which retaliated by imposing sanctions on him twice — adopting a […] .. read more..

Hong Kong halves tunnel tolls for commercial vehicles amid surging fuel prices
Wednesday, May 13,2026,03:53

Hong Kong will halve tolls for all commercial vehicles using public tunnels for two months from Sunday, in the government’s latest effort to ease business costs amid surging fuel prices driven by the war in the Middle East. Buses, goods vehicles, light buses and taxis registered with the Transport Department will benefit from the measure, while private cars and motorcycles are excluded, according to a government announcement on Wednesday. The temporary 50 per cent discount will apply at all... .. read more..

GlobalGiving to change Taiwan’s name to ‘Chinese Taipei’ on its funding platf...
Wednesday, May 13,2026,03:43

A US fundraising platform and a coffee association are switching Taiwan’s designation to “Chinese Taipei,” in line with Beijing’s preferred naming convention for the self-ruled island it claims as its own. GlobalGiving offers fundraising tools in over 175 countries, including China. It has over 20 nonprofit partners in Taiwan. A spokesperson for the platform did […] .. read more..

What Hong Kong’s planned ride-hailing regime could mean for your next Uber trip
Wednesday, May 13,2026,03:04

Hong Kong authorities have finally begun laying out details on how they plan to regulate ride-hailing platforms such as Uber, Tada and Didi Chuxing, months after lawmakers passed the city’s first legal framework for the sector in October. Officials have provided more information on enforcement powers, penalties and licensing arrangements, although the key issue of how many ride-hailing vehicles will ultimately be allowed on the road has yet to be resolved. The South China Morning Post tackles... .. read more..

Hong Kong's Hang Seng Index opens 0.08 pct higher
Wednesday, May 13,2026,02:15

HONG KONG, May 13 (Xinhua) -- Hong Kong's Hang Seng Index gained 22.08 points, or 0.08 percent, to open at 26,369.99 points on Wednesday. .. read more..

Hong Kong teens dive deep to safeguard global shipping lanes
Wednesday, May 13,2026,00:36

[The content of this article has been produced by our advertising partner.] A group of Grade 8 students from Canadian International School of Hong Kong (CDNIS) has made waves on the global innovation stage, returning from the Conrad Challenge Global Innovation Summit in Houston with multiple top honours. The team captured the coveted Innovation Summit Power Pitch Award and the Equinor Searching for Better Award – achievements that also earned them a sponsored educational trip to Boston,... .. read more..

Hong Kong to launch public consultation on 5-year blueprint ‘by early June’
Wednesday, May 13,2026,00:30

Hong Kong is expected to launch a public consultation in early June for its inaugural five-year plan to align with the national blueprint, with Chief Executive John Lee Ka-chiu set to present a preliminary framework and gather feedback from various industries through face-to-face sessions, according to sources. The South China Morning Post learned that the government was also planning a large-scale publicity campaign to promote the consultation exercise, including television advertisements,... .. read more..

Over 72,000 students and staff at Hong Kong educational institutions affected...
Tuesday, May 12,2026,23:30

A global cyberattack on online learning platform Canvas has compromised the personal information of more than 72,000 students and staff at Hong Kong schools and universities, according to the city’s privacy watchdog. The data breaches are part of a global attack that hit almost 9,000 educational institutions worldwide, involving data from 275 million users, according […] .. read more..

Takeover of Hong Kong Golf & Tennis Academy’s Central club postponed by 2 months
Tuesday, May 12,2026,23:00

The takeover of an exclusive Hong Kong sports club’s top venue in Central has been postponed following opposition from some members, the South China Morning Post has learned. A source said that following a meeting involving members of the Hong Kong Golf & Tennis Academy (HKGTA), the date of the merger of operations for its Town Club at Central’s New World Tower with private members’ club Carlyle & Co would be pushed back by two months. Until as recently as last Friday evening, the HKGTA had told... .. read more..

CHINA-HONG KONG-EMBODIED AI-SUMMIT (CN)
Tuesday, May 12,2026,16:16

(260512) -- HONG KONG, May 12, 2026 (Xinhua) -- Guests attend Hong Kong Embodied AI Industry Co-Creation Initiative Launch Ceremony during the first Hong Kong Embodied AI Industry Summit in Hong Kong, south China, May 12, 2026. The first Hong Kong Embodied AI Industry Summit was held in Hong Kong on Tuesday. (Xinhua/Chen Duo) .. read more..

Man dies after suspected fall from Hong Kong’s Spiral Lookout Tower
Tuesday, May 12,2026,15:49

A 44-year-old Hong Kong man has died after a suspected fall from the Tai Po Waterfront Park’s Spiral Lookout Tower. Police said on Tuesday that they had received a report from a passer-by at about 3.49pm that the man had been found lying near the base of the 32-metre (105-foot) tower, which was built to commemorate Hong Kong’s return to Chinese sovereignty in 1997. The man, surnamed Ng, was unconscious when officers discovered him at the scene. He was immediately sent to the Alice Ho Miu Ling... .. read more..

Hong Kong pins focus on life sciences, embodied intelligence in AI push
Tuesday, May 12,2026,15:45

HONG KONG, May 12 (Xinhua) -- Hong Kong will establish a committee on AI+ and industry development strategy to formulate strategies for driving industrial transformation through AI, with initial focus on life and health technology and embodied intelligence, John Lee, chief executive of the Hong Kong Special Administrative Region (HKSAR), said on Tuesday. Addressing the first Hong Kong embodied AI industry summit .. read more..

Chinese automakers boost exports as sales slump at home
Tuesday, May 12,2026,15:23

HONG KONG: China's passenger car exports surged in April as automakers accelerated their expansion overseas to offset weakening demand in the domestic market. Exports of passenger vehicles rose nearly 85 percent from a year earlier to about 796,000 units, according to data released on May 11 by the China Association of Automobile Manufacturers. That was up from 748,000 vehicle .. read more..

Wang Fuk Court administrator outlines HK$127 million refund for displaced owners
Tuesday, May 12,2026,15:08

Wang Fuk Court’s administrator has revealed that HK$180 million (US$22.9 million) has been paid to parties involved in the estate’s renovation project, with the remaining HK$127 million to be refunded to owners displaced by one of Hong Kong’s deadliest fires in decades. The details were disclosed during a Zoom meeting on Tuesday, one of two sessions arranged for residents by Hop On Management Company, the government-appointed administrator of the Tai Po estate following the fire. The second... .. read more..

5 Essential Accounting Tasks for Small Businesses to Master
Tuesday, May 12,2026,15:02

5 Essential Accounting Tasks for Small Businesses to Master .. read more..

What Is Basic Accounting for Small Businesses?
Tuesday, May 12,2026,15:01

What Is Basic Accounting for Small Businesses? .. read more..

Top Swedish universities eager to forge ties with city, Hong Kong minister says
Tuesday, May 12,2026,14:57

Top Swedish universities are eager to deepen collaboration with Hong Kong in areas such as life sciences, the city’s innovation and technology minister has told the South China Morning Post during a visit to the country to strengthen ties. “What impressed us most during this trip to Sweden is the incredible enthusiasm of Swedish organisations, groups and individuals for cooperating with Hong Kong. This exceeded my expectations,” Secretary for Innovation, Technology and Industry Sun Dong said on... .. read more..

IWUF 11th Sanda World Cup opens in Macao
Tuesday, May 12,2026,14:46

MACAO, May 12 (Xinhua) -- The 11th International Wushu Federation (IWUF) Sanda World Cup held its opening ceremony on Tuesday in China's Macao Special Administrative Region. Hosted by the IWUF and organized by the Wushu General Association of Macao, the tournament will take place from Wednesday to Friday at the Tap Seac Multisport Pavilion in Macao. According to organizers, the event is expected to draw n .. read more..

Hong Kong police arrest 2 women after sewage-soaked puppy found in bin, put down
Tuesday, May 12,2026,13:19

Hong Kong police have arrested two women on suspicion of animal cruelty after a sick three-month-old Golden Retriever was found dumped in a rubbish bin in Mong Kok, covered in sewage, and later euthanised. Inspector Yip Ho-lam said on Tuesday that police opened an investigation Saturday morning after a street cleaner discovered the puppy inside a bin in the alley behind 104 Hak Po Street. Officers from the animal crime investigation team later took over the case. “The puppy was immediately... .. read more..

China backs Hong Kong courts, ignores calls to free Jimmy Lai ahead of Trump ...
Tuesday, May 12,2026,13:06

China’s Ministry of Foreign Affairs has reaffirmed its “firm support” for Hong Kong’s judicial authorities when asked whether Beijing would consider releasing jailed former media boss Jimmy Lai Chee-ying ahead of US President Donald Trump’s three-day state visit starting Wednesday. “[Jimmy] Lai Chee-ying is the principal mastermind and perpetrator behind the riots that shook Hong Kong,” ministry spokesman Guo Jiakun said at a press briefing, when asked whether Beijing would consider Lai’s... .. read more..

Stock market turmoil worsens on crude, West Asia fears, Sensex closes 1,456 p...
Tuesday, May 12,2026,12:01

Mumbai (Maharashtra) [India], May 12 (ANI): The turmoil in the Indian stock markets continued on Tuesday as both benchmark indices closed sharply lower amid rising concerns over the escalating tensions in West Asia, elevated crude oil prices and weakness in the Indian rupee against the US dollar. The NSE Nifty 50 index closed at 23,379.55, down by 436.30 points or 1.83 per cent, while the BSE Sensex ended at 74,5 .. read more..

Malaysia economic growth likely slowed to 5.3% in January-March
Tuesday, May 12,2026,11:34

Malaysia economic growth likely slowed to 5.3% in January-March .. read more..

10 people injured after truck and bus collide in Sau Mau Ping
Tuesday, May 12,2026,11:03

10 people have sustained minor injuries after a truck collided with a double-decker KMB bus on a downhill stretch in Kwun Tong. Police said they received a report of the crash on Po Lam Road, Sau Mau Ping, at about 6.20am on Tuesday. The collision involved a light goods vehicle and a Route 600 KMB […] .. read more..

Hong Kong records hottest day of year so far as temperatures top 31.6 degrees
Tuesday, May 12,2026,10:17

Hong Kong experienced its hottest day of the year so far on Tuesday, with the city’s forecaster reporting temperatures of 31.6 degrees Celsius (88.8 Fahrenheit) at its headquarters in Tsim Sha Tsui in the afternoon. Data from the Hong Kong Observatory showed much of the city on Tuesday saw temperatures rising above 31 degrees, with some parts of the New Territories exceeding 33 degrees. “An anticyclone aloft is bringing generally fine weather to the coast of Guangdong,” the Hong Kong Observatory... .. read more..

Al Dhabi Women's Ice Hockey Team crowned champions of 'Mega Ice Hockey 5' in ...
Tuesday, May 12,2026,09:57

HONG KONG, 12th May, 2026 (WAM) -- Al Dhabi Women's Ice Hockey Team won the "Mega Ice Hockey 5" Women's Tournament held in Hong Kong after defeating hosts Wheho Elite Hong Kong in the final with a dramatic golden goal. Al Dhabi delivered an outstanding performance throughout the tournament, overcoming five teams to secure the Women's Division A title in a competition featuring leading clubs from across Asia. < .. read more..

China leverages space tech for carbon monitoring to meet climate goals
Tuesday, May 12,2026,09:18

BEIJING, May 12 (Xinhua) -- China is ramping up the use of space technology to meet its ambitious carbon reduction pledges, marking the latest move with a cargo spacecraft that sent a greenhouse gas monitoring payload to the Chinese space station on Monday. Among the payload delivered to orbit by the Tianzhou-10 cargo spacecraft is a lightweight, high-resolution greenhouse-gas point-source detection instrument, s .. read more..

Uber Hong Kong warns proposed permit cap risks triggering 70% rise in fares
Tuesday, May 12,2026,09:10

Uber Hong Kong has warned that a proposed cap of up to 15,000 ride-hailing permits could trigger a 70 per cent increase in fares and result in 40 per cent of peak-hour bookings being unsuccessful. In a paper submitted to the Legislative Council ahead of a transport panel special meeting on Tuesday, the ride-hailing giant revealed it currently had more than 30,000 active drivers in the city. The proposed quota of 10,000 to 15,000 permits would slash its workforce by as much as 50 per cent. The... .. read more..

Hong Kong, mainland China spur surge in Asia-Pacific commercial property deals
Tuesday, May 12,2026,09:00

Asia-Pacific’s commercial property investments surged in the first quarter, according to data tracked by analysts, as early signs of recovery in office and retail segments across Hong Kong and mainland China boosted deal volumes. Total investment in offices, retail spaces, industrial units, data centres, hotels, apartments, senior housing and other asset classes climbed 22 per cent to US$51.1 billion from the same period in 2025, data from MSCI showed. Hong Kong contributed US$1.8 billion, a 367... .. read more..

Hong Kong's Hang Seng Index closes 0.22 pct lower
Tuesday, May 12,2026,08:45

HONG KONG, May 12 (Xinhua) -- Hong Kong's stock market ended lower Tuesday with the benchmark Hang Seng Index down 0.22 percent to close at 26,347.91 points. The Hang Seng China Enterprises Index dipped 0.02 percent to end at 8,882.37 points, and the Hang Seng Tech Index declined 0.70 percent to end at 5,070.61 points. .. read more..

Viral clip of parasite in sashimi at Hong Kong sushi branch triggers raw emot...
Tuesday, May 12,2026,08:24

A Hong Kong sushi restaurant has apologised after a customer spotted a threadlike parasite crawling out of a piece of sashimi, triggering widespread food safety concerns across social media. Popular Japanese chain Gatten Sushi, which debuted in the city in September 2024, issued an apology on social media on Tuesday after footage of the incident at its Causeway Bay branch went viral. The video, shared by a diner on Threads, shows a thin, white parasite emerging from a piece of golden eye snapper... .. read more..

Would you invest in a play? Hong Kong sets the stage for tokenised funding
Tuesday, May 12,2026,08:00

Investors can finance part of the production cost of a stage play produced by film star Louis Koo Tin-lok and featuring award-winning actress Fish Liew Chi-yu, after a Hong Kong fintech firm converts it into tradeable digital units. Esperanza Fintech Group CEO Dan Ronald Leung Wai-tsun said on Monday that the firm would launch its fifth project this year using investment tokens, which convert an entertainment production’s costs and profits into small, tradeable digital units via blockchain. The... .. read more..

Lantau-bound Sun Ferry vessel runs aground, 29 passengers evacuated
Tuesday, May 12,2026,07:43

A Lantau-bound Sun Ferry vessel ran aground near Hei Ling Chau in the early hours of Monday, prompting an evacuation of passengers and crew. A spokesperson for the Fire Service Department (FSD) told HKFP on Monday that 34 people were on board, including 29 passengers and five crew members. No injuries were reported. The incident […] .. read more..

China Focus: China leverages space tech for carbon monitoring to meet climate...
Tuesday, May 12,2026,07:17

BEIJING, May 12 (Xinhua) -- China is ramping up the use of space technology to meet its ambitious carbon reduction pledges, marking the latest move with a cargo spacecraft that sent a greenhouse gas monitoring payload to the Chinese space station on Monday. Among the payload delivered to orbit by the Tianzhou-10 cargo spacecraft is a lightweight, high-resolution greenhouse-gas point-source detection instrument, .. read more..

Man who spiked family’s meal, burned charcoal in flat guilty of attempted murder
Tuesday, May 12,2026,07:12

A Hong Kong merchant has pleaded guilty to the attempted murder of his wife and three daughters by burning charcoal in their public rental flat two years ago, saying he was “out of options” after struggling to repay debts totalling nearly HK$900,000 (US$115,000). The High Court heard on Tuesday that Wong Pak-ting, 45, spiked the dinner he prepared for his family with sleeping pills before attempting to kill himself with them at their home in Tuen Mun’s Shan King Estate on June 25, 2024. Wong... .. read more..

Trump brushes aside Taiwan concerns ahead of meeting with Xi
Tuesday, May 12,2026,06:45

President Donald Trump said Monday he was ready to discuss US arms sales to Taiwan during his visit this week to Beijing, as he suggested his personal chemistry with counterpart Xi Jinping would prevent a Chinese invasion of the island. The White House said Trump will bring along top US executives including his former nemesis […] .. read more..

Hong Kong gov’t mulls 10,000 ride-hailing permits under new framework, report...
Tuesday, May 12,2026,06:21

Hong Kong authorities are considering issuing 10,000 ride-hailing permits under a new regulatory framework for on-demand transport services, according to local media. The Hong Kong Economic Journal (HKEJ) reported on Monday, citing unnamed sources, that the government viewed a cap of 10,000 as a “reasonable starting point,” as the figure would not excessively affect taxi […] .. read more..

Over 72,000 Hongkongers hit as HKUST, PolyU among institutions in global Canv...
Tuesday, May 12,2026,06:11

A global data leak involving learning platform Canvas has exposed the personal information of more than 72,000 students and staff across Hong Kong educational institutions, with authorities warning of further threats targeting those affected. As of Tuesday, seven local educational institutions had reported data breaches to the Privacy Commissioner for Personal Data, including major universities such as the Hong Kong University of Science and Technology (HKUST), Polytechnic University and City... .. read more..

Community service for pair in their 60s who had sex at Hong Kong pier
Tuesday, May 12,2026,05:58

A woman and a man have been sentenced to community service by a Hong Kong court for committing sexual acts in the open at an outlying island pier last year. Saleswoman Ma Lai-hing, 62, and sailor Ng Tau-ming, 63, pleaded guilty last month to outraging public decency at Cheung Chau Public Pier on October 29, 2025. Eastern Court on Tuesday accepted a probation officer’s recommendation to sentence the pair to 80 hours each of unpaid community work. Magistrate Kestrel Lam Tsz-hong noted the officer... .. read more..

Couple who took kids storm-chasing during typhoon cleared of child neglect af...
Tuesday, May 12,2026,05:35

A Hong Kong couple who took their children storm-chasing during Super Typhoon Ragasa last year have been acquitted of child neglect, with the court issuing them a good behaviour order for three years. The couple, known only by their initials YKK and LRQ, appeared at the Eastern Magistrates’ Courts on Tuesday morning. In March, they […] .. read more..

Qalibaf Says US 'Has No Alternative' But To Accept Iran's Terms
Tuesday, May 12,2026,05:00

New posts 07:14 Qalibaf Says US 'Has No Alternative' But To Accept Iran's Terms Iran's top negotiator, Mohammad Baqer Qalibaf, says the United States "has no alternative" but to accept Tehran's latest counterproposal to end the war. "There is no alternative but to accept the rights of the Iranian people as laid out in the 14-point proposal," Baqer, who is also speaker for the Iranian parliamen .. read more..

Hong Kong stocks up 0.3 pct at midday
Tuesday, May 12,2026,04:45

HONG KONG, May 12 (Xinhua) -- Hong Kong's Hang Seng Index rose 79.79 points, or 0.3 percent, to 26,486.63 points in the morning session on Tuesday. .. read more..

California mayor charged with acting as China agent
Tuesday, May 12,2026,04:27

A woman who served as mayor of a California city has been charged with acting as an illegal agent of the Chinese government, the Department of Justice said Monday. Eileen Wang, 58, the mayor of Arcadia, a city just north of Los Angeles with a population of about 50,000, has agreed to plead guilty to […] .. read more..

Hong Kong couple who took children storm chasing during typhoon spared crimin...
Tuesday, May 12,2026,03:57

A Hong Kong couple have been spared a criminal conviction for storm chasing with their children during Super Typhoon Ragasa last year after prosecutors agreed to settle the case with a bind-over order. The couple were bound over at Eastern Court on Tuesday for three years in the sum of HK$2,000 (US$255) on a joint charge of ill-treatment or neglect by those in charge of a child or young person. The couple will be fined HK$2,000 if they fail to maintain good behaviour and keep the peace during... .. read more..

Breaking out the binoculars for another lamppost adornment of public interest
Tuesday, May 12,2026,02:00

One of the changes I have noticed since our last (shall we say “popular?”) District Council was replaced by a more salubrious patriots-only gathering is that we now get decorations on Sha Tin lampposts. This adds to public gaiety, no doubt, but has limited effectiveness as a communication medium because the banners have to be […] .. read more..

10 injured in truck-bus crash outside Hong Kong shopping centre
Tuesday, May 12,2026,01:16

Ten people have been injured in a crash involving a truck and a bus outside a shopping centre in Hong Kong’s Kwun Tong. Police said they received a report of the crash in Sau Mau Ping at about 6.20am on Tuesday, where a truck collided with a KMB double-decker bus, leaving eight passengers and the two drivers with mild injuries. The collision occurred outside Po Tat Shopping Centre on Po Lam Road, the force said. Part of Po Lam Road towards Sau Mau Ping Road was closed but reopened at... .. read more..

How many ride-hailing permits should Hong Kong allow? That depends on who you...
Tuesday, May 12,2026,00:30

Hong Kong taxi trade leaders and Uber have both expressed concerns over a looming quota for ride-hailing vehicles, despite transport authorities vowing to consult stakeholders before setting the final figure. They were responding to the Transport and Logistics Bureau’s submission to lawmakers of regulatory details for the industry on Monday. It pledged to include the quota in the final gazetted document, pending lawmakers’ approval before their summer recess in mid-July. Platforms Uber, Tada,... .. read more..

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