Second try for Hong Kong land sale draws 33 developers as cautious bids expected
MTR Corp’s tender for a Tung Chung site follows a senior government official’s call for developers to show faith in Hong Kong’s future.
China unveils plan to guide exporters through tempestuous trade waters
With more external barriers to trade likely to come, China’s commerce ministry announces nine-point plan to aid exporters in tough climate.
Starbucks seeks ‘strategic partnership’ to find a perk in China amid brewing price war
Starbucks is ‘working to find the best path to growth, which includes exploring strategic partnerships’, according to a statement.
Hong Kong firms urged to add AI tools to cybersecurity defences
Enterprise Cyber Security Readiness Index rises to 52.8, up 5.8 points from last year’s result, but still remains at ‘basic’ level.
US$344 for a coffee? Scottish farm sells UK’s most expensive cup
The price tops the £265 that a coffee bar in Mayfair and Marylebone charged for a flat white made with rare beans from Japan.
Apple’s iPhone sales fall during China’s Singles’ Day shopping festival, report shows
The event’s two-week sales period saw ‘a double-digit, year-on-year decline’ in iPhone sales amid stiff competition from Chinese rivals.
China’s first cryptocurrency corruption case captures former central bank official
Yao Qian is accused of abusing his position at the China Securities Regulatory Commission in a ‘severe breach of duty’.
China mother jailed for abandoning son with brain injuries inflicted during family dispute
‘Even a tiger does not harm its cubs; she is worse than a tiger,’ one online observer condemns her actions.
Tsim Sha Tsui named world’s fourth most expensive shopping district
District falls from third place but is the most expensive shopping destination in Asia-Pacific, according to Cushman & Wakefield.
Ukraine says Russia launched ICBM in attack for first time in war
It marked the latest escalation of the conflict after Ukraine fired Western-supplied long-range missiles on Russia.