The UBS Group is offering its Hong Kong staff $ 2,000 a day ($ 256.45) to cover mandatory hotel quarantine costs as the city maintains one of the strictest pandemic restrictions in the world. In a document held by Reuters, the bank states that full-time employees up to the CEO will be eligible for payments […]
Tag: Hong Kong
The EU closes an investment agreement with China
After almost seven years of negotiations, the European union a controversy closed this Wednesday investment agreement with China which aims to improve European investors’ access to the Chinese market, but which raises suspicions in the Biden administration even before taking office. An extraordinary summit by video call, on the verge of the end of the […]
Spain also suspends its flights and the United Kingdom is isolated due to the new strain of coronavirus
At the end of last January, when the coronavirus was spreading across China but had not yet reached Europe, British Airways decided to suspend all its flights with the Asian country. It was the first airline to take this measure, which was to last until March. By then the virus had already roamed Europe, and […]
China suspends the debut of Grupo Ant, the largest exit in history
The IPO of the Chinese technology company Ant Group has been suspended this Tuesday after the Shanghai market announced the suspension of its part of the operation, which was to be the largest in history, after a meeting of regulators with executives of the firm and a change in the sector regulations. In a statement […]
Ant Group’s Record-Breaking IPO Suspended By Chinese Regulators
The record-breaking IPO by the giant Ant Group in Shanghai and Hong Kong, worth a whopping $34.5 billion, has been suspended by Chinese Regulators two days before trading was about to start.
China prepares for its great leap forward in pursuit of self-reliance
For four days, the most powerful people of the second world power have met in a hotel west of Beijing to decide the future of the country. Although the hermetic inner doors of Chinese politics were closed again. It is not known whether there have been internal disagreements in the debates. And only a few […]
Israel, China, Singapore use surveillance tech to track Covid-19
From Israel to South Korea to China, governments around the world are using technology to track the coronavirus outbreak as they race to stem its spread. But how long will it last and is this an infringement of privacy, rights groups have asked. In China, government-installed CCTV cameras point at the apartment door of those under […]
Hong Kong leader declares citywide virus emergency over coronavirus
Lam introduced a package deal of measures aimed toward limiting the Asian monetary hub’s connections to mainland China. Flights and excessive velocity prepare journeys between Hong Kong and the Chinese metropolis of Wuhan shall be halted, and annual official Lunar New Year celebrations for town have been scrapped. Hong Kong well being authorities have confirmed […]
Standard Chartered CEO on US-China trade war, Hong Kong protests, Iran risks
A Standard Chartered branch in Hong Kong. Miguel Candela l SOPA Images l LightRocket via Getty Images There have been signs that some risks in the global economy are receding, allowing businesses to once again plan for the long term, said Bill Winters, chief executive of British bank Standard Chartered. Winters pointed out on Monday […]
