Tourist survives terrifying fall after bungee cord snaps mid-plunge

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Chinese Stocks Draw Record $3 Billion Influx by Global Funds: Sentiment has clearly turned for the better toward Chinese equities with overseas investors ...

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Hong Kong's Tor Investment Raises $310 Million for Asia Private Credit Fund: Hong Kong-based alternative credit manager Tor Investment Management has raised ...

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FACTBOX Top deals in the global mining sector (April 25): BHP Group has bid $38.8 billion for smaller rival Anglo American , offering a deal to forge the world's ...

reuters.com/markets/deals/top-deals-global-mining-sector-2024-04-25/

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5h

Hong Kong Home Prices Rise for First Time in 11 Months After Curbs Scrapped: Hong Kong home prices rose for the first time in almost a year in March as the ...

bloomberg.com/news/articles/2024-04-26/hong-kong-home-prices-rise-for-first-time-in-11-months-after-curbs-scrapped

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Quick Glance: Effect of Lifting Restrictions on Hong Kong Home Prices

In March, Hong Kong saw an increase in home prices for the first time in almost a year following the lifting of property restrictions, leading to a revival in sales.

The price index for private domestic homes rose by 1.06% from the previous month of February, breaking a 10-month declining trend.

However, analysts express doubts about the sustainability of this growth as developers work to reduce excess inventory amid high borrowing costs impacting demand.

The anticipation of prolonged higher interest rates is expected to exert further pressure on the market, potentially causing home prices to decline by an additional 5% to 10% this year if the Federal Reserve's rate adjustments fall short of expectations.

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Hong Kong March home prices up 1.1%, first rise in nearly a year: Hong Kong's private home prices reversed a 10-month falling streak in March, climbing 1 ...

reuters.com/markets/asia/hong-kong-march-home-prices-up-11-first-rise-nearly-year-2024-04-26/

Quick Glance: Hong Kong Real Estate Market: Price Recovery in March

In March, Hong Kong's real estate market saw a price recovery after the financial city lifted restrictions to boost the ailing market.

Prices dropped by 1.8% in the first quarter, following a 20% decline from their 2021 peak due to higher mortgage rates and a weak market outlook.

Nevertheless, prices are expected to remain subdued as property developers rushed to introduce new sales with discounts of up to 30%, attracting buying interest from the secondary market.

A recent report by real estate agency Ricacorp revealed that 30% of transactions for second-hand homes were sold at a loss in the first quarter, with this trend likely continuing into the second quarter.

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'Negative' factors building in U.S.-China ties, foreign minister Wang tells Blinken

reuters.com/world/blinken-meet-chinese-counterpart-wang-yi-beijing-2024-04-26/

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Less-Watched Jobs Indicator Points to Deep Cracks in Canada’s Labor Market: Canada’s job market is less robust than the country’s most closely watched employment ...

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China's distressed property developers reveal wave of job cuts: HONG KONG -- Mainland Chinese property developers suffering from mounting debt obligations and ...

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More than 1 in 5 cars sold on Earth this year will be electric: 17 million electric vehicles will be sold in 2024, according to the International Energy Agency

qz.com/ev-electric-car-global-sales-growth-iea-report-1851434801

Quick Glance: New Global Record: Electric and Hybrid Car Sales Surge in 2024

Electric and plug-in hybrid car sales will reach a new global record in 2024 despite slowing growth in some markets, according to forecasts from the International Energy Agency (IEA).

The IEA predicted that 17 million battery electric vehicles and plug-in hybrid electric vehicles will be sold in 2024, up over 20% from 2023.

The IEA also mentioned that most electric cars are expected to be priced equivalently to petrol cars by 2030 as prices decrease. Tesla recently reduced prices to maintain its market share against strong competition from Chinese rivals like BYD, the world's largest battery electric car producer.

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Ford just reported a massive loss on every electric vehicle it sold: Ford’s electric vehicle unit reported that losses soared in the first quarter to US $1 ...

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Amazon Prime Video to exclusively stream two NHL seasons in Canada

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Honda to set up $11 bln electric vehicle, battery plants in Canada Show more

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Hong Kong Stock Exchange HKEX Gains on Hopes of a Market Revival: Hong Kong Exchanges and Clearing Ltd. is having its best week in years.

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Agency bars Chinese telecom carriers from offering US broadband services: The Federal Communications Commission said on Thursday it is ordering the U.S ...

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'Negative' factors building in U.S.-China ties, foreign minister Wang tells Blinken

reuters.com/world/blinken-meet-chinese-counterpart-wang-yi-beijing-2024-04-26/

Quick Glance: China warns US to Choose Cooperation or Confrontation with Antony Blinken

Blinken expected to demand Beijing cease support for Russia

Tensions rise over accusations of China aiding Russia in Ukraine

US accused of hindering Chinese industrial growth through export controls

US and China seek to stabilize relations before US election campaign

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17h

Bob Cole, veteran CBC broadcaster and former voice of 'Hockey Night in Canada,' dead at 90

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Aw, rats: Chicago’s beloved ‘Rat Hole’ removed from sidewalk - National | Globalnews.ca

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First cargo ship passes through newly opened channel in Baltimore: The first cargo ship passed through a newly opened deep-water channel in Baltimore after being ...

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China Stocks in Hong Kong Trounce Onshore Peers as Tech Rallies - Bloomberg: Chinese stocks listed in Hong Kong are poised for their best week versus mainland ...

bloomberg.com/news/articles/2024-04-26/china-stocks-in-hong-kong-trounce-onshore-peers-as-tech-rallies

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Remains from a mother-daughter cold case were found nearly 24 years later, after a deathbed confession from the suspect

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China's influence operations against the U.S. are bigger than TikTok: Intelligence officials and lawmakers describe the Chinese-owned social media app as a ...

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Over 100 pilot whales beached on western Australian coast have been rescued, officials say

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Apr 24

Hong Kong spot crypto ETFs to start trading next week

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Apr 25

Chinese EV battery maker CATL unveils LFP battery with 1,000 km range: Chinese electric vehicle (EV) battery maker CATL on Thursday unveiled a lithium iron ...

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New York conference discusses crimes against Uyghur Muslims: The Chinese government’s campaign of repression in Xinjiang – billed as a security measure – was ...

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Apr 25

China's largest auto show showcases all-electric future, local brands dominate: China's largest auto show opened in Beijing on Thursday with the biggest names ...

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Apr 25

China should have confidence to talk to us, Taiwan's president-elect says: China should have the confidence to talk to Taiwan's legally elected government ...

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Apr 25

XPeng CEO says its software, AI upgrades to enter 'super fast cycle': Chinese electric vehicle (EV) maker XPeng on Thursday said its software and artificial ...

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Canada sanctions Iran defence minister, others after missile attack on Israel: Canada is targeting Iran's defence minister as part of a new round of sanctions ...

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Venice introduces first payment charge for tourists: The Italian city became the first in the world on April 25 to introduce a payment system for tourists in an ...

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Monthly earnings rise, payroll employment falls: jobs report: The number of vacant jobs in Canada increased in February, while monthly payroll employment ...

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Low herd immunity in Hong Kong may prolong flu season, experts warn after 6-year-old girl dies

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Hong Kong's tech city will destroy key wetland for birds: experts: The project doesn't even align with government environmental plans from mainland China ...

rfa.org/english/news/china/hong-kong-wetlands-destruction-04252024003527.html

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Apr 24

HSBC says growing Chinese wealth fuels client investments in US: HSBC's wealthy clients in China and Hong Kong are still eager to invest in the U.S. ...

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Apr 25

Mercedes says it will continue to invest in China tie-ups: Mercedes Benz's China chief said on Thursday the company would continue to invest in tie-ups with ...

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China launches 3-member crew to its space station as it seeks to put astronauts on the moon by 2030

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Canada, U.S., U.K. lay additional sanctions on Iran over attack on Israel - National | Globalnews.ca

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Apr 25

What it’s really like to live in Macao: While the rest of the world may associate Macao with gambling, its citizens don’t necessarily feel the same way.

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Apr 25

Hong Kong crypto hub takes shape with approvals, hiring: HONG KONG -- The evolution of Hong Kong into a hub for cryptocurrency trading is gathering pace ...

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Apr 24

Hong Kong hit by third straight weak IPO as AI player Mobvoi disappoints: HONG KONG -- Chinese artificial intelligence company Mobvoi went public in Hong Kong on ...

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TikTok vows to sue over potential U.S. ban. What’s the legal outlook? - National | Globalnews.ca

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Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim

ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.

Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.

ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.

As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.

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Apr 25

China's edge in flying cars and an Asian tag-team in AI: Hello everyone, this is Cissy from Hong Kong.When I was at the CES trade show in Las Vegas earlier this ...

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Apr 24

Multiple crew members injured on set of Eddie Murphy movie ‘The Pickup’ - National | Globalnews.ca

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Cuba apologizes to Canada for delivering wrong body to grieving family: Cuba apologized to Canada on Wednesday after authorities accidentally delivered the ...

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Freefalling 90-year-old raises money for CT scanners: John Landau says he was rather "blasé" about the jump, having completed more than 100 in his life.

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Don’t tire yourself singing for three hours, fans urge Cheung: OUT of concern for the Hong Kong superstar, concertgoers are complaining that Jacky Cheung’s ...

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Apr 25

INTERVIEW: Examining fake news sites generating Chinese propaganda: Researchers find over 100 supposedly local news sites set up by a Chinese PR firm.

rfa.org/english/news/china/china-news-sites-propaganda-04242024163518.html

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Punjabi Canadian resident’s video sparks laughter and sympathy: From grappling with the intricacies of Canadian winters to navigating cultural differences ...

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Apr 24

Blinken will urge China to stop sending military supplies to Russia : The U.S. secretary of state is on his second visit to China in a year, but progress on ...

washingtonpost.com/national-security/2024/04/24/blinken-china-visit-russia-ukraine/

Quick Glance: Blinken Discusses Key Issues with China

USA and China discuss global conflicts and tensions in Shanghai and Beijing.

Discussions on Russia, Ukraine, Middle East, Taiwan, South China Sea.

Calls for China to exert influence on Iran and maintain stability in the region.

Disputes over human rights, synthetic opioids, and illegal activities.

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Apr 24

India inspects plants of spice makers MDH, Everest over alleged contamination: India is inspecting facilities of spice makers MDH and Everest for compliance with ...

reuters.com/world/india/india-inspects-facilities-spice-makers-mdh-everest-regulator-says-2024-04-24/

Quick Glance: FSSAI Testing Spice Samples After Hong Kong, Singapore Product Recalls

Following the discovery of ethylene oxide in products from Everest and MDH in Hong Kong and Singapore, the Food Safety and Standards Authority of India has initiated the collection of samples of powdered spices from all brands across the country to assess their quality.

An unidentified official mentioned that India's food safety regulator has commenced sampling spices from all brands, including MDH and Everest, to ensure compliance with quality standards.

The official also highlighted that India's Food Safety and Standards Authority, operating under the Ministry of Health and Family Welfare, does not monitor the quality of spices exported from the country.

According to Maharashtra Food Assistant Commissioner Ulhas Ingwale, the authority received reports of pesticide residue in specific flavors of MDH and Everest, prompting considerations for sampling and pesticide testing.

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Apr 24

‘I feel great’: Nova Scotia man wins $1.5M after buying $200 in lottery tickets | Globalnews.ca

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Bill would give Alberta power to fire municipal councillors, nix bylaws, allow political parties | Globalnews.ca

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Hong Kong treasury chief tells UK minister BN(O) passports invalid as proof of identity, in bid to sort pensions confusion

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‘Sigh of relief’: Australia exempts Hongkongers, BN(O) passport holders from stricter age limit for graduate visas

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Shinan Govani: How a Toronto comedian found a viral audience impersonating the Barefoot Contessa, Ina Garten

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Billions of bottles: Canadian statistics paint grim picture of plastic litter problem

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Apr 25

Smile, Bob’s just here to kill you: bureaucratic euthanasia is part of the fun in Caitlin Cronenberg’s darkly amusing ‘Humane’

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Some young Hong Kongers turn to youth hostels as housing crisis persists: The average wait time for public housing in Hong Kong is currently 5.8 years.

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Cantopop singer Hubert Wu fined for bringing banned e-cigarettes into Hong Kong: Hong Kong Cantopop singer Hubert Wu Hung-kwan has been fined HK$5 ...

scmp.com/news/hong-kong/law-and-crime/article/3260391/cantopop-singer-hubert-wu-fined-bringing-banned-e-cigarettes-hong-kong

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S&P/TSX composite ekes out gain, U.S. stock markets fall | Globalnews.ca: Canada's main stock index eked out a gain Thursday thanks to energy and base metals ...

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S&P/TSX composite down, U.S. markets mixed ahead of tech earnings and economic data | Globalnews.ca

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UK joins US, Canada in imposing sanctions on Iran’s drone, missile Industries: The UK on Thursday joined the United States and Canada in announcing a fresh set ...

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Apr 25

Heavy rainfall in mainland China forces Hong Kong to dial back high-speed rail services

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Apr 24

Hail on the way for Hong Kong in the ‘next couple of hours’, forecaster warns:

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EXCLUSIVE: Hong Kong buys what may be world’s biggest self-righting fireboat, which can recover from complete capsize in 6 seconds

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How 3 Body Problem recalls one of Chinese history’s worst traitors, who has been vilified for nearly 400 years

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Hollywood movie Civil War sparks ‘superiority’ debate among China nationalists over Hong Kong versus Chinese identity

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Apr 24

Hong Kong spot crypto ETFs to start trading next week: Hong Kong-listed spot bitcoin and ether exchange traded funds aim to start trading on April 30 ...

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Apr 24

Motorcyclist seriously injured in Etobicoke collision: Toronto paramedics transported a man in his 40s to hospital with non-life-threatening injuries.

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Apr 24

Ottawa injects another $36.4-million into vaccine injury compensation fund: To date, a private firm called OXARO has received $56.2 million from Ottawa to run ...

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3

Apr 24

CFL suspends Shawn Lemon indefinitely for gambling : The CFL has suspended veteran defensive lineman Shawn Lemon indefinitely for betting on league games.

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21h

Turkish rail officials jailed for more than 108 years for crash that left 25 dead

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Apr 24

LGBTQ+ rallies will be held across Canada next month. Here’s what to know - National | Globalnews.ca

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Apr 25

Biden meets 4-year-old Abigail Edan, an American who was held hostage by Hamas: President Joe Biden met Wednesday with Abigail Edan, the 4-year-old American girl ...

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