The US has imposed sanctions on several companies based in Hong Kong and the UAE for involvement in the trade of gold produced by a sanctioned Russian miner.
Tags: Hong Kong
US Plans to Shut Down Hong Kong Trade Offices, Prompting a Possible China Retaliation
A proposed U.S. bill, HKETO, could lead to the shutdown of Hong Kong's trade offices if they are deemed too influenced by China, drawing strong objections from Beijing.
Hong Kong Exits 'Golden Era' in Retail as Mainland Tourists Cut Back on Luxury Spending
Hong Kong's retail sector has seen a 7.3% decline in 2024, mainly due to reduced spending by mainland Chinese tourists despite a surge in visitor arrivals.
Family Business in Hong Kong Under Fire for Repackaging Tofu in Poor Hygiene Conditions
Hong Kong company known for its fermented Tofu, Liu Ma Kee, faces backlash after it was revealed that they imported and repackaged tofu under unsanitary conditions, contrary to its claims of producing it from scratch.
Hong Kong Minister Says Tech can Replace Some of City’s Frontline Civil Servants Amid Layoffs
Several basic frontline jobs in Hong Kong’s civil service would be replaced with technology as part of the city’s efforts to restructure its workforce and make 2,000 positions redundant by the end of 2025.
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Mimi Wong, a former HSBC executive, wins a lawsuit after suing dance instructors for HK$62 million in prepaid fees, alleging public insults and calling her a "lazy cow."
Hong Kong faces rising cases of domestic helpers deceived into high-interest loans and receiving threats of violence if they fail to pay on time.
The public has been cautioned by the Hong Kong Securities and Futures Commission (SFC) about Quantum AI, an organization that is suspected of carrying out fraudulent activities involving virtual assets and pretending to be Elon Musk.
Hong Kong Investors Win $2.5 Million Case Against Company That Promised to Repurchase Luxury Watches
WatchFund, led by Dominic Khoo, has been ordered by a Hong Kong court to repurchase luxury watches worth $2.5 million following breaches of contract with five investors.
China pledged increased support for Hong Kong's economy after enacting a new security law, which Human Rights activists condemned for silencing political dissents against China.
Hong Kong's financial regulators have approved the launch of bitcoin and ether exchange-traded funds (ETFs) as part of their goal to become a 'crypto hub' in Asia.
Hong Kong officials confiscated an estimated $10.7 million worth of gold disguised as machine parts being shipped to Japan.
US-funded Radio Free Asia closed its Hong Kong bureau due to safety concerns from the new national security law.
CoinDesk will hold a consensus in Hong Kong, showcasing the region's progress as a digital asset hub despite regulatory lag in certain areas.
