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HONG KONG AUTHORITIES
As China gorges on homegrown foie gras, France faces a new rivalChina is rapidly emerging as a global powerhouse in foie gras production, with farmers like Li Fengshan driving massive output increases. C...- A former Goldman Sachs banker, he wrote a novel during office hours. It turned into Rs 400 crore blockbuster movie starring Madhavan and Aamir KhanChetan Bhagat, an IIT-IIM graduate and former investment banker, penned his first novel, Five Point Someone, during demanding corporate rol...
- Indian money in Swiss banks dips to CHF 3.25 bn; customer deposits upIndian funds in Swiss banks saw a decrease in 2025, reaching 3.25 billion Swiss francs. However, customer deposits experienced a significan...
- CLSA set to vanish as brand after 40 years in Asian brokerage: ReportHong Kong-based CLSA will be rebranded under Citic Securities from 2027, ending a brokerage brand known for its distinctive culture and str...
- About 19 million from India and several other countries migrated to Gulf countries since 2010: StudyA new study reveals that approximately 19 million people have migrated from India, Pakistan, and Bangladesh to the Middle East since 2010, ...
- US says BYD, Baidu and Alibaba are aiding China's militaryAmerica has released a new list of Chinese companies it believes support Beijing's military. Major firms like Alibaba, Baidu, and BYD are i...
- Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT MumbaiAn NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...
- Global Market: Hong Kong financial stocks tumble as China tightens capital outflow controlsHong Kong financial shares fell Friday. Beijing's new capital controls are causing concern. Global banks with mainland China business face ...
- $35 million Newport beach mansion, near-zero declared income: How California techie supplied US equipment to Iran for over a decadeA dual Iranian-American tech executive, Jamshid Ghomi, was arrested at his $35 million mansion for allegedly running an illegal export oper...
- The gut-brain bombshell: How bacteria in babies may hold the key to preventing Autism, ADHDNew research reveals a significant link between a baby's early gut bacteria and future brain health, potentially influencing the risk of co...
- From lottery draws to fiscal spending, China broadens digital yuan footprintIn a series of measures, many revealed here for the first time, the People's Bank of China (PBOC) is giving banks policy incentives and beh...
- India unveils Port Performance Index, maritime digital reforms to boost global competitivenessSarbananda Sonowal said, “We have introduced the Logistics Port Performance Index (LPPI) for FY 2024-25. It is a major step towards improvi...
- Hong Kong overtakes Switzerland as world's top cross-border wealth hub on China ties, report showsHong Kong has surpassed Switzerland as the world's top global booking center for cross-border wealth, reaching $2.95 trillion. This shift i...
- Jane Street may take Singapore route to sort out India tax rowWith the Income Tax (I-T) department questioning the tax benefits it had claimed, the Wall Street firm is understood to be working on initi...
- Thailand ends visa-free entry for India; cuts stay for 92 other countries. Check full listThailand has revoked its 60-day visa-free entry for Indian travelers, moving India to the Visa on Arrival category. This change, affecting ...
- China kept building its crude stockpile in April despite Iran crisisChina is accumulating crude oil reserves even as imports decrease. This contrasts with global trends of depleting oil stocks. The nation's ...
- Quote of the day by Simon Sinek: 'Dream big, but also dream practical. Nobody ever changed the world by hitting the snooze button, but sometimes...' Life lessons on hard work, success, inner peace and human behavior by British-American author and motivational speakerQuote of the day by Simon Sinek highlights the link between ambition, rest, success, inner peace, human behavior, leadership, motivation, p...
- Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
- Want to jump into the 'China is back' rally? Tread carefullyInvestors are increasingly betting that “China is back” as the economy rebounds from years of deflation, helped by strong manufacturing, ex...
- What does an import restriction mean for silver investments?India’s move to restrict silver imports and raise duties is expected to push up domestic prices by increasing premiums over global benchmar...
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