According to a South China Morning Post report, Hong Kong customs officers have apprehended three individuals in connection with a massive HK$1.8 billion ($228 million) money-laundering operation that exploited a crypto platform and bank accounts associated with shell companies. The arrests were made following an investigation into suspicious activities involving “abnormally frequent” and large transactions […]
Government talent programs have yet to bear fruit, as brain drain from once-prestigious jobs persists.
The market has shaken off concerns of escalations between Iran and Israel
Bitcoin and Ether spot exchange-traded funds (ETFs) are set to receive the final approvals in Hong Kong as early as Monday next week. According to a recent Matrixport report, these investment products could unlock up to $25 billion in demand from Chinese investors through the Southbound Stock Connect program. However, the latest revelations and clarifications […]
Beijing's increasing influence has led to speculation that Hong Kong's days of an independent football scene are numbered.
After winning the Grand National last Saturday, Willie Mullins takes aim at the Scottish National at Ayr this weekend in the hope of winning the British Trainers Championship for the first time. The Scottish Champion Hurdle also takes place on Saturday. Newbury is the venue for three important Group 3 races and the Spring Cup, []
The final day of the jumps season still has one big question to answer as three trainers can still finish at the top of the tree. Willie Mullins, Dan Skelton and reigning champion Paul Nicholls all go into Saturday at Sandown with chances of becoming champion trainer where we hope to see Jonbon taking on []
The blockchain industry is seeking regulatory clarity on cryptocurrency trading in India and proposing that the government drafts legislation for monitoring digital assets as global financial hubs such as the US, UK and Hong Kong embrace crypto assets as legitimate trading instruments.“As more than 80% of G20 members and financial hubs are offering regulatory clarity on crypto assets, there’s an urgent need for a globally coordinated, clear policy framework on digital assets to mitigate risks...
Major stock indexes in the Asia-Pacific region traded higher on Monday with Hong Kong's Hang Seng index adding over 2% after The People's Bank of China (PBoC) decided to keep its interest rate
Critics say a tough new security law — Article 23 — has led to self-censorship and further repressed opposition voices, but others say it's business as usual and life remains relatively unchanged.
The ongoing saga between the Taiwanese authorities and former executives from crypto exchange ACE continues with a new round of charges pressed against its founder, David Pan, and another 31 individuals linked to the case. The exchange and its former directors have been under investigation over alleged fraud and money laundering since January 2024. Authorities […]
Brussels, April 25, 2024—The Committee to Protect Journalists welcomed Thursday’s call by the European Parliament for the repeal of two Hong Kong security laws that it said undermine press freedom and for the release of Jimmy Lai, founder of the now-shuttered pro-democracy newspaper Apple Daily. The parliamentary resolution condemned Hong Kong’s adoption last month of