Hong Kong

Good for Alibaba? SCMP Quashes Column on Xi-linked Tycoon

The steady erosion of the journalistic independence of the South China Morning Post, once the region’s most influential English-language daily, was demonstrated last week when the paper’s editors pulled an arti...

A New Bank of Crooks and Criminals

The Cyprus-based FBME bank, permanently blocked in April by a US court from access to the US banking system and thus basically shut down, has among its depositors arguably the biggest collection of financia...

ADB Identifies the Keys to Economic Progress

Get your investment priorities right. That is the message which emerges from a detailed study by the Asian Development Bank of the ways for countries to transform themselves from low to lower-middle, upper midd...

Hong Kong Rewards the Property Oligarchs

Hong Kong is supposed to have an open economy and be governed by rational economic policies. The reality has progressively become very different, not least in the past two years. This has seen swingeing taxes o...

Economic Outlook 2017: Hong Kong

Slow economic growth, rising wages and prices, political instability, lower property values, confrontation between the United States and China over trade or security, and Mainland interference in the rule of la...

Asia in 2016: Hong Kong

Just as the aftershocks of the pro-democracy Umbrella Movement demonstrations of 2014 had calmed down, the Year of the Monkey began in Hong Kong with a violent surprise. In February, the Food and Environment...

China’s Taxman May Axe HK Economy

Hong Kong’s economy, already looking a little wobbly, could suffer a major blow if China is serious about cutting down on tax-dodging. With capital flowing out and debt problems mounting, Beijing has both econo...

Can Food Trucks Replace Hong Kong’s Dai Pai Dongs?

With Hong Kong’s dai pai dongs – open-air food stalls – all but driven from the city by inheritance restrictions, the government is trying to replace them with food trucks, the brainchild of Financial Secretary...

Hong Kong Now Wants Silence from Business Critics

On March 31, the Appeals Tribunal of the Hong Kong Securities and Futures Commission fined Moody’s Investor Services HK$11 million for what the tribunal claimed were inaccuracies in a 2011 report entitled “Red ...

South Africans Want Arms Factory in Hong Kong

Mystery surrounds a series of reports in defense magazines that the state-owned South African weapons manufacturer Denel is teaming up with a Hong Kong-based defense equipment manufacturer to establish a “milit...