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FS: HK seizing green opportunities

Financial Secretary Paul Chan Green is a global agenda. Governments around the world are putting a priority on carbon reduction and net-zero transition plans. Our country has set the “3060” target, and green transition is central to the pursuit of high-quality development, as highlighted at the 20th National Congress of the Communist Party of China

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US stocks fall on the back of soaring Treasury yields

Wall Street stocks tumbled on Tuesday as Treasury yields hit a 16-year high, feeding worries about elevated interest rates that could weigh on the economy. The Dow Jones slipped 1.3 percent to 33,002. The S&P 500 dropped 1.4 percent to 4,229, while the Nasdaq fell 1.9 percent to 13,059. Stocks stumbled after Treasury yields surged

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Australian dance troupe bound for HK

Dancenorth Australia will stage two performances of Wayfinder in Hong Kong next month, marking the first time the show is presented outside of Australia.   Combining dance, music and visual art, Wayfinder incorporates interactive elements, including 100 light and sound-emitting pearls that are distributed around the auditorium, immersing the entire audience in the show’s audio-visual

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Enhanced iAM Smart set to launch

A new version of iAM Smart featuring real-time, practical information relating to daily life will launch on October 9, the Office of the Government Chief Information Officer (OGCIO) announced today.   Members of the public will be able to browse information on local real-time weather and traffic conditions, as well as accident and emergency department

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news.gov.hk – National Games office established

The Culture, Sports & Tourism Bureau announced today the setting up of a co-ordination office to carry out planning and implementation work for the upcoming National Games, National Games for Persons with Disabilities and National Special Olympic Games.   The National Games Coordination Office, led by three senior directorate officers, will work closely with the

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Evergrande shares soar as trading resumes on HKSE

Shares in mainland property giant Evergrande soared as trading resumed on Tuesday, following a suspension last week when the heavily indebted company announced its boss was under criminal investigation. In early trading on the Hong Kong Stock Exchange, prices jumped more than 60 percent before dropping to ten percent and then rising again. The resumption

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Japanese group to open music series

Japanese drumming ensemble Kodo will perform in Hong Kong in early September, kicking off the Leisure & Cultural Services Department’s Great Music 2023 programme.   Kodo will present to Hong Kong audiences one of its 40th anniversary productions, Warabe, marking the first time the work has been performed outside of Japan.   The performances will

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Kwun Tong district officer named

The Government today announced that Financial Services & the Treasury Bureau Principal Assistant Secretary (Treasury) Denny Ho will assume the post of District Officer (Kwun Tong) tomorrow, succeeding Andy Lam.   Since joining the administrative service in 2009, Mr Ho has served in the Home Affairs Department and the then Transport & Housing Bureau. Source

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Credit Suisse, Mozambique settle hidden debt scandal

Credit Suisse and Mozambique have reached an out-of-court settlement over the “hidden debt” scandal, with both sides mutually releasing each other from any liability, UBS, which bought out its Swiss rival, said on Sunday. The announcement came ahead of the start of a civil trial that was due to begin in London’s High Court on

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news.gov.hk – New ball games popularised

In its quest to encourage residents to participate in different sports, the Leisure & Cultural Services Department has launched the Pilot Scheme on Subvention for New Sports with the goal of supporting the efforts of local sports organisations to promote new sports.   Kin-Ball is one such sport subvented by the pilot scheme. It is

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Farming carnival marks National Day

Financial Secretary Paul Chan today officiated at the opening ceremony of the Happy Hong Kong: National Day Celebration Carnival at Yuen Long FarmKet.   Organised by the Agriculture, Fisheries & Conservation Department, the Fish Marketing Organization, the Vegetable Marketing Organization and Yuen Long FarmKet, the carnival features over 40 stalls selling a wide variety of

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4 care fund schemes regularised

To support carers or people with disabilities, starting today, four financial assistance schemes under the Community Care Fund will be regularised, the Government announced.   They include the Scheme on Living Allowance for Carers of Elderly Persons from Low-income Families, the Scheme on Living Allowance for Low-income Carers of Persons with Disabilities, the Special Care

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IMF expects China to meet 2023 growth target

The International Monetary Fund (IMF) said it maintains its expectation that China will achieve its economic growth target of approximately 5 percent in 2023. “On China, what we have seen recently is a slowdown in the economy since the first quarter. However, the very recent data has been a bit more mixed, with some signs

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Exploring Tsuen Wan through art

Organised by the Tourism Commission, the Design District Hong Kong project – hashtagged #ddHK – is aimed at drawing out the unique characteristics of local neighbourhoods in the city through an emphasis on design elements.   This year, Tsuen Wan is in the spotlight, under the theme Vivid Tsuen Wan. Seven time-limited public art installations,

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