Hong Kong on Thursday hit back at a decision by Moody's to cut its credit rating on the city, which the agency said was becoming increasingly close to mainland China.
People walk past a banner promoting retail goods that was left in a street in front of a closed shop for rent in Mong Kok, a shopping district of Hong Kong, Friday, Jan. 6. Hong Kong is amid an economic slowdown and retail sales have been falling as tourism declines.
The Asian cruise industry is booming and operators, governments and tourist boards are keen to get involved. Cruise operators are introducing more and more itineraries to the region, while authorities are developing top-of-the-range cruise terminals everywhere from Shanghai to Singapore.
A long-delayed trading link between the exchanges of Hong Kong and Shenzhen in China made a disappointing debut Monday, with markets on both sides of the border ending lower.
Macau casino big-hitter Lui Che-woo says he sees light at the end of the tunnel for the embattled gambling enclave, although the days of high rollers are gone.
Hong Kong companies are lagging behind in crafting a digital business strategy although many of them know the benefits of applying digital technology in their business, an HSBC survey shows.
Hong Kong's credit rating could be at risk after the success of a new generation of young anti-China politicians in legislative elections this month, Moody's warned.
Macau's monthly gaming revenues ended a more than two-year slump Thursday, rising for the first time in 26 months, helped by multiple mega-resorts launching in the casino enclave.
The property sector turnaround is a double-edged sword in Hong Kong. Average homes prices in Hong Kong's secondary property market last week posted their biggest gains since April last year, according to the weekly price index compiled by Centaline Property Agency.
From a pair of giant golden dragons encircling a vast man-made lagoon to phoenix and cloud motifs inside, Steve Wynn's Macau resort brims with auspicious Chinese symbolism.