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23 Mar CK Hutchinson’s Victor Li and Canning Fok step aside as managing directors after drop in profits in 2023

Posted at 05:24h in Asia

CK Hutchison Holdings, the flagship conglomerate controlled by Hong Kong’s business tycoon Li Ka-shing, has announced that it is swapping out its co-managing directors as Victor Li Tzar-kuoi and Canning Fok Kin-ning step aside but keep other critical roles within the firm.Li will stay on...

23 Mar Does a US$1.75 trillion bounce in Chinese stocks mean the market’s long march to recovery has begun?

Posted at 02:00h in Asia

“There are more clients coming back to look at the China market and asking us about market views,” Liu Minyue, an investment specialist at BNP Paribas Asset Management in Hong Kong, said in an interview. “Sentiment seems to be improving.” 02:40Chinese Premier Li Qiang delivers his...

23 Mar Hong Kong’s Animoca Brands gets in on Saudi Arabia’s Web3 ground floor with early investment, partnerships

Posted at 00:00h in Asia

“Most of our investments are all over the world. But our priority in terms of building out infrastructure and building out business operations is definitely Saudi,” Siu said. “Also, Saudi is a market in itself, with a very strong gaming population.”Hong Kong’s Animoca secures US$50...

22 Mar Princess of Wales Kate Middleton reveals she is in the early stages of cancer treatment

Posted at 18:46h in Europe

Britain's Catherine, Princess of Wales and Britain's Prince George of Wales (L) leave after attending the Royal Family's traditional Christmas Day service at St Mary Magdalene Church on the Sandringham Estate in eastern England, on December 25, 2023.Adrian Dennis | Afp | Getty ImagesLONDON —...

22 Mar Stellantis recalls 10,000 vehicles in Canada for airbag defects

Posted at 17:55h in Canada

Stellantis has recalled more than 10,000 Dodge and Chrysler sedans in Canada due to defective airbags.The company says an estimated 10,285 Dodge Charger and Chrysler 300 sedans between 2018 and 2021 have been recalled to replace their side airbag inflator, which can explode with too...

22 Mar Hong Kong property: Henderson’s Gateway Square Mile sees modest sales, the first setback after lifting of curbs

Posted at 14:05h in Asia

The flats at Gateway Square Mile, comprising 46 one-bedroom and 22 two-bedroom flats, ranged from 252 to 353 sq ft. They were priced from HK$4.37 million (US$589,000) to HK$7.3 million after discounts, or HK$17,029 to HK$21,586 per square foot.Henderson Land offered 68 units in the...

22 Mar World is obsessing over Princess of Wales Kate — here’s a timeline

Posted at 13:45h in Europe

22 Mar Outage hits Chinese chatbot of tech unicorn Moonshot AI amid surging user interest

Posted at 13:04h in Asia

Chinese artificial intelligence (AI) start-up Moonshot AI had an outage that lasted for at least two days, as enthusiastic users rushed to get a taste of the Kimi chatbot, its answer to OpenAI’s ChatGPT.The Beijing-based company said it first observed an “abnormal continuous increase in...

22 Mar Airbus says it’s ‘not happy’ about issues at rival Boeing

Posted at 13:01h in Europe

French planemaker Airbus is "not happy" about the multitude of problems facing its U.S. rival Boeing, according to its chief financial officer."We're not happy with the issues that our competitor's having. I think it's not helpful for the industry, and if it's not helpful for...

22 Mar Alibaba suspends operations at LST platform as consolidation moves continue apace

Posted at 13:00h in Asia

The platform will continue to process orders that have already been placed as well as provide after-sale services, according to the LST message.Alibaba brings 5-day delivery to the US in race against Shein, TemuLST is a project under Alibaba’s e-commerce unit Taobao and Tmall Group...

Author: admin