News
Chan: HK GDP likely to show strongest quarterly growth in nearly 5 years
1+ hour, 35+ min ago (494+ words) Hong Kong's economy is showing strong resilience and stable growth despite a complex and volatile global environment, with its first-quarter gross domestic product set to record the strongest quarterly expansion in almost five years, Financial Secretary Paul Chan Mo-po said…...
Experts call for cross-border alignment for Northern Metropolis growth
3+ day, 20+ hour ago (515+ words) The alignment of Guangdong's five-year development plan with Hong Kong's Northern Metropolis will pave the way for high-quality development in the Guangdong-Hong Kong-Macao Greater Bay Area, experts said, while pointing out that "soft connectivity" and cross-boundary governance remain prominent hurdles…...
Guangdong puts Greater Bay Area at heart of 15th Five-Year Plan
4+ day, 7+ hour ago (185+ words) Construction of the Guangdong-Hong Kong-Macao Greater Bay Area is among the top priorities for the economic and social development of Guangdong province during the 15th Five-Year Plan period (2026-30), according to a newly announced plan. Released by local authorities on Tuesday, the…...
China welcomes Moody's A1 rating affirmation, outlook upgrade
5+ day, 6+ hour ago (176+ words) China commends Moody's affirmation of its A1 credit rating'chinadailyasia. com Moody's Ratings has affirmed China's A1 sovereign credit rating and revised the country's outlook up to stable from negative. An official with China's Ministry of Finance commended this decision on Monday, noting…...
US DOJ drops Powell probe, smoothing path for Warsh to lead Fed
1+ week, 23+ hour ago (896+ words) The US Justice Department is ending a controversial investigation into building-renovation cost overruns at the Federal Reserve, potentially clearing a path to confirmation for Kevin Warsh, US President Donald Trump's pick to be the next chair of the central bank....
HK sees uptick in March inflation amid oil surge
1+ week, 1+ day ago (575+ words) Hong Kong's inflation rate edged slightly higher in March as surging global oil prices linked to the Middle East crisis pushed up fuel-related costs. Economists and power companies warned that the pressure may become more pronounced in the coming months…...
HK sees uptick in March inflation amid global fuel price rise
1+ week, 2+ day ago (309+ words) HONG KONG " Overall consumer prices in Hong Kong increased 1. 7 percent year-on-year in March, more than the 1. 5 percent average rate of rise in the previous two months, according to the Census and Statistics Department. Netting out the effects of the special…...
HK jobless rate dips for second straight quarter
1+ week, 2+ day ago (216+ words) Hong Kong's seasonally adjusted unemployment rate dropped for the second straight quarter to 3. 7 percent in January-March 2026 from 3. 8 percent in December 2025-February 2026, official data showed on Thursday. The city's underemployment rate also decreased to 1. 6 percent from 1. 7 percent during the same period,…...
Vice-premier: China, US share broad space for cooperation
1+ week, 5+ day ago (171+ words) BEIJING " China and the United States share broad space for cooperation and extensive common interests, Chinese Vice-Premier He Lifeng said on Monday. He, also a member of the Political Bureau of the Communist Party of China Central Committee, made the…...
China's power use up 5. 2% in Q1
1+ week, 6+ day ago (192+ words) BEIJING -- China's electricity consumption, a key barometer of economic activity, reached more than 2. 51 trillion kilowatt-hours in the first quarter of 2026, up 5. 2 percent year-on-year, according to data released Monday by the National Energy Administration. A breakdown of the data shows robust…...