The Hong Kong Hang Seng Index opened evenly Thursday but declined to the close, finishing down 1.9% as traders again eschewed property and tech issues. The broad gauge Hang Seng fell 311.92 to 16,389.
Hong Kong tries to stop brain drain
Hong Kong is considering easing property taxes and visa restrictions as authorities seek to curb a pandemic brain drain that has threatened the city’s status as an international financial hub.
Over 3,000 fake football jerseys of Argentina, Mexico national teams among HK$30 million in counterfeit goods seized by Hong Kong customs
More than 3,000 counterfeit football jerseys of the national teams of Argentina and Mexico are among HK$30 million (US$3.8 million) worth of fake brand-name products seized in a two-week operation, …
Cyprus to Rescind 10 More Golden Passports Over Alleged Abuse
The Cypriot government decided on Wednesday to start the process of stripping its citizenship from 10 individuals who obtained it under the country’s discontinued ‘citizenship by investment program’, …
Melco Cyprus organises clean-up of Limassol shore and seabed
In collaboration with with Nautilus C.M.A.S. Diving Club Limassol, Melco Cyprus, operator of Cyprus Casinos (C2) and the upcoming integrated resort (IR) City of Dreams Mediterranean, co-organised a …
Cyprus trade deficit surpasses €5 bln in August
Cyprus’ trade deficit increased by €1.53 billion during the first eight months of 2022, compared to the corresponding period from last year, exceeding €5 billion in total value, according to a report …
Mortgage to rent scheme moving forward
The mortgage rent scheme for distressed borrowers is moving ahead as Kapides, the finance ministry, banks and the EU finalise its details.
Three golden passport cases to go to court
Golden passport cases will be heard in court against Demetris Syllouris, former AKEL MP Christakis Giovani, lawyer Andreas Pittadjis & others.
As a pioneer in the real estate and construction industry in Cyprus
As a pioneer in the real estate and construction industry in Cyprus with an impressive track record of more than 40 years and with over 265 completed developments under its belt, Aristo Developers is …
Turkey condemns US further easing of Cyprus arms embargo
The Turkish Foreign Ministry on Saturday “strongly” condemned the U.S.’s announcement that it will widen the scope of its 2020 decision to lift its arms embargo on Cyprus. The move is “in …