Car parts chief warns of job losses from ‘Darwinian’ competition in Europe

In Hong Kong and elsewhere, digital currencies, cryptocurrencies (including stablecoins) and virtual assets are gaining in popularity and are rapidly becoming a mainstream asset class, with retail investors increasingly buying into them. Here in the city, new and groundbreaking legislation has been introduced to implement a regulatory framework which specifically addresses virtual assets, cementing Hong Kong’s status as an innovative global financial hub. The incursion of cryptocurrencies and… Source link

Hong Kong holds strategic advantages as an arbitration hub in Asia, particularly due to its unique arbitration framework and growing commercial activities within China, according to a US-listed legal finance company. This competitive edge was poised to stimulate more business and increase the frequency of arbitrations, driving growth in the legal finance sector, said Christopher Bogart, CEO and co-founder of Burford. “The Hong Kong arbitration practice has a long history and is very high… Source link

Hong Kong’s Tsim Sha Tsui remained the world’s fourth most expensive retail strip with rents at US$1,515 per square foot per year, as two other core shopping districts in the city – Causeway Bay and Central – also ranked among the Asia-Pacific’s priciest shopping locations, according to Cushman & Wakefield. London’s New Bond Street jumped two spots from last year to emerge as the world’s most expensive retail district, according to the real-estate services consultancy’s 35th “Main Streets Across… Source link