But transport minister Mable Chan says ride-hailing providers will need to meet criteria focused on safety and quality.

Lawmaker says government should nonetheless prepare for contingency in case of surge on fifth night of holiday.

Hong Kong's home prices fell 0.7% in December and 7.1% in 2024, government figures showed, as the property market struggles to find a bottom despite interest rate cuts and government support measures.

Many Hong Kong public bodies have seen increasing interest in multicurrency bonds to attract more international investors, UBS says Hong Kong can become a multicurrency bond hub and Beijing's recently ...

The Chinese government is trying to encourage people to spend more by ensuring that share prices will rise, ordering pensions and mutual funds to invest more in domestic stock markets ...

Indian stock markets opened on a subdued note on Friday, facing selling pressure as both benchmark indices started the day in ...

In addition, MPACT is exposed to foreign currency risk as about half of its assets under management are outside of Singapore. This is managed by using foreign currency-denominated borrowings as a ...

The latest round of measures comes as Chinese stocks start the year on a soft note, with investors reluctant to add exposure amid lingering economic woes at home and potential U.S. tariffs from ...

Global stocks eased on Thursday, halting a rally sparked by U.S. President Donald Trump's mammoth spending plans for ...

Asia and Pacific Dept " Selected Issues", IMF Staff Country Reports 2025, 016 (2025), accessed January 23, 2025, ...