Hong Kong stock exchange reports record profits
Hong Kong ex-lawmaker and 6 others jailed
Taiwan and China have also traded barbs this week over the severing of an undersea communications cable off the Beijing-claimed island’s southwest coast.
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Hong Kong is to cut thousands of civil service jobs and invest in AI to tackle a rising deficit
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Hong Kong to slash 10,000 civil service jobs, push AI in bid to reverse deficit
Hong Kong to cut thousands of civil service jobs and invest in AI
The government has outlined a ‘cumulative reduction’ of government recurrent expenditure by 7% from now until 2027-2028.
Former Brazilian President Dilma Rousseff, now the head of the BRICS bloc's development bank, has been discharged from a hospital in Shanghai after nearly a week hospitalized, her press office said on Friday.
Sergei Shoigu, the secretary of Russia's Security Council, has held talks in Beijing with Chinese Foreign Minister Wang Yi, Russia's Interfax news agency reported on Friday. It cited Shoigu, Russia's former defence minister,
Hong Kong will officially open a new 50,000-seat stadium with a gala event, part of its bid to compete with cities around the region that are spending billions of dollars on state-of-the-art arenas to attract sports games and concerts by the world’s biggest stars.
US Targets Firms in China, Hong Kong
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US Targets Firms in China, Hong Kong Over Alleged Role in Iranian Drone Procurement
Treasury sanctions six Hong Kong entities for helping Iranian drone network
The U.S. Treasury Department's Office of Foreign Assets Control Wednesday sanctioned six Hong Kong companies for allegedly being part of a covert Iranian drone procurement network.
US imposes sanctions on more Hong Kong firms for aiding Iran drone makers
Treasury Department alleges six companies obtained components for Iranian drones and missiles in violation of US bans The US Treasury Department announced sanctions on Wednesday against six Hong Kong and mainland China companies it accused of operating as fronts to obtain components for Iranian drones and ballistic missiles in violation of US bans.
The Asian financial hub will reduce salaries tax and businesses’ profit tax by 100%, subject to a ceiling of 1,500 Hong Kong dollars, said Hong Kong Financial Secretary Paul Chan.
New Zealand's foreign minister said he had raised concerns over China's recent live-fire drills in the Tasman Sea during meetings with Chinese leaders on Wednesday.
China pushed back against recent remarks by U.S. Secretary of State Marco Rubio, declaring that Washington could never "sow discord" in its ties with Moscow. Newsweek reached out to the White House and the Russian Foreign Ministry via email for comment.
China’s sputtering economy has seen green shoots of recovery after aggressive stimulus late last year but markets will be closely watching the annual National People’s Congress meeting for signs of what Beijing is planning.
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