The brand new center class lure: Unsecured loans and social stress gas debt in India, Hong Kong and elsewhere

The brand new center class lure: Unsecured loans and social stress gas debt in India, Hong Kong and elsewhere

India and Hong Kong are very totally different in tradition, authorities and site. However now they share a worrying downside: their center lessons are caught in rising client debt. The center class, which as soon as stood for stability and progress, is now underneath psychological stress, dealing with monetary dangers and rising inequality. In each…

Read More
Air India airplane crash investigators discover Boeing 787’s 2nd “black field” as seek for trigger continues

Air India airplane crash investigators discover Boeing 787’s 2nd “black field” as seek for trigger continues

New Delhi — Investigators in India have discovered the second “black field” — the cockpit voice recorder — on the crash web site of Air India flight 171, the Boeing 787-8 Dreamliner that slammed into buildings within the western metropolis of Ahmedabad on Thursday, killing all however one of the 242 individuals on board and dozens extra on the…

Read More
White Home commerce official Peter Navarro downplays shopper affect of Chinese language tariffs

White Home commerce official Peter Navarro downplays shopper affect of Chinese language tariffs

White Home commerce official Peter Navarro downplays shopper affect of Chinese language tariffs – CBS Information Watch CBS Information White Home commerce adviser Peter Navarro joins Margaret Brennan to debate protests in Hong Kong, the financial system and commerce talks with China. Be the primary to know Get browser notifications for breaking information, dwell occasions,…

Read More
China calls Rubio remarks about Tiananmen Sq. an

China calls Rubio remarks about Tiananmen Sq. an

Beijing hit again Wednesday at Secretary of State Marco Rubio for saying the world will “always remember” the lethal Tiananmen Sq. crackdown in 1989, describing his remarks as an “assault” on China. Chinese language troops and tanks forcibly cleared peaceable protesters from the sq. within the capital on June 4, 1989 after weeks-long demonstrations demanding…

Read More
US sanctions 6 Chinese language, HK officers over rights abuses, Beijing threatens to retaliate

US sanctions 6 Chinese language, HK officers over rights abuses, Beijing threatens to retaliate

The USA sanctioned six Chinese language and Hong Kong officers who it alleged have been concerned in “transnational repression” and acts that threaten to additional erode town state’s autonomy. The six officers included justice secretary Paul Lam, safety workplace director Dong Jingwei and police commissioner Raymond Siu. The sanctions are anticipated to additional escalate tensions…

Read More
Hong Kong turns into new launchpad for tech startups, hit a document excessive in 2024 – Firstpost

Hong Kong turns into new launchpad for tech startups, hit a document excessive in 2024 – Firstpost

In accordance with the latest authorities information, the variety of tech startups in Hong Kong reached a document excessive of 4,694 in 2024, together with greater than 600 in monetary know-how learn extra Hong Kong has develop into a launching pad for software program companies aimed on the huge mainland market and past. That is…

Read More
Hong Kong Agency’s  Billion Bid For Majority Stake In UK Water Provider

Hong Kong Agency’s $9 Billion Bid For Majority Stake In UK Water Provider

London: A Hong Kong firm has submitted an preliminary 7-billion kilos ($8.8 billion) bid for a majority stake in Thames Water, a closely indebted UK water provider, the Monetary Instances mentioned Friday. CK Infrastructure, a part of the CK Hutchison group, put ahead the non-binding supply earlier this month, however expects the utility’s bondholders to…

Read More
Who Is  Yunan Wang? Bubble Tea Mogul Who Has Turn into China’s Newest Billionaire

Who Is Yunan Wang? Bubble Tea Mogul Who Has Turn into China’s Newest Billionaire

Yun’an Wang, the 38-year-old founding father of Guming Holdings, has turn into the most recent billionaire to emerge from China’s booming bubble tea trade. Following Guming’s profitable IPO in Hong Kong, Mr Wang’s internet price has soared to an estimated $1.2 billion, in response to Forbes. Guming Holdings sells tea below the “Good Me” model…

Read More