The Acting Chief Executive of the Hong Kong Monetary Authority (HKMA), Howard Lee, on Thursday urged people to remain cautious when it comes to applying for mortgages or making borrowing decisions, warning that interest rates will remain high for the "foreseeable period of time". Lee's comments came after the US Federal Reserve reduced its key lend…

A 10-year-old boy enrolled in a Japanese school in Shenzhen has died after being stabbed by an assailant on Wednesday, the Japanese government said. The boy was stabbed on his way to school at about 8 am on Wednesday by the suspected 44-year-old assailant, who was arrested on the spot, according to mainland authorities. He died in the early hours o…

China on Wednesday imposed sanctions on nine US defence firms, describing the measures as retaliation for arms sales to Taiwan. "Weapons sales by the United States to China's Taiwan region have seriously violated the one-China principle... seriously infringed upon China's sovereignty and security interests, (and) damaged China-US relations," Foreig…

A group of local activists protested outside Japan's Consulate-General in Central on Wednesday on the 93rd anniversary of the 918 Incident. Members of the Action Committee for Defending the Diaoyu Islands staged the rally outside Exchange Square that houses the consulate. They carried a banner that read "Don't Forget the 918 Incident" and chanted s…

A tourism representative on Wednesday said he believes a series of local celebrations for the 75th anniversary of the founding of the People's Republic of China will attract more travellers to the city. A drone show, free trams and ferries, as well as half-price movie tickets, are among the items on offer. Timothy Chui, executive director of the Ho…

Activities were held in various mainland cities on Wednesday in commemoration of the September 18 Incident, which marked the start of Japan's invasion of China leading up to the Second World War. At the 9.18 Historical Museum in Shenyang, a huge bell tolled on the 93rd anniversary of a false-flag attack staged by Japanese soldiers on the capital of…

The government announced on Tuesday that a drone show, a youth singing performance, a bazaar and extra Mark Six lotteries would all be part of local celebrations for the 75th anniversary of the founding of the People's Republic of China. Besides the regular fireworks display at Victoria Harbour on October 1, there will be a performance at the West …

Chief Executive John Lee says the government will protect all workers employed in Hong Kong and punish any violators of labour laws stringently, following complaints that some imported workers have been exploited. Earlier this month, unions reported that some mainland workers have been made to work extra shifts for no pay, while others have been de…

Hongkongers on Tuesday were told to wait until the end of this year to meet the giant pandas that were gifted to the city by the central authorities, as the pair are still under quarantine on the mainland. Ahead of the weekly Executive Council meeting, Chief Executive John Lee said the target was to arrange for the two adult pandas, aged between fi…

Chief Executive John Lee has hit out at the United States for pressing ahead with legislation to close Hong Kong's trade offices in the country, saying US businesses will bear the brunt of such a move. Last week, the US House of Representatives approved a bill that could shut down Hong Kong Economic and Trade Offices in New York, San Francisco and …

Moviegoers can enjoy half-price tickets on National Day, as part of Hong Kong's celebrations marking the 75th anniversary of the country's founding on October 1. Trams and cross-harbour ferries will be free, train passengers can get a 25 percent discount for trips on most MTR lines, while children can also enjoy free bus rides on most routes. The M…