Hong Kong
Europe’s AI-powered Google Translate rival DeepL launches traditional Chinese language in Asia push
DeepL CEO Jaroslaw “Jarek” Kutylowski. DeepL German artificial intelligence translation startup DeepL on Wednesday launched traditional Chinese as a language option as it looks to expand its presence in Asia. DeepL, one of Europe’s high-profile AI companies valued at $2 billion, sells translation software aimed at businesses rather than everyday consumers. Traditional Chinese is a […]
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Millionaires are leaving Hong Kong, but its artwork scene is booming
The subsequent is a transcript of the online video. Narration: House to a host of monetary institutions, Hong Kong is one of the world’s wealthiest metropolitan areas. Nevertheless, above the past 10 years, the selection of millionaires in this article has fallen by 4%. Inspite of this, 1 sector in this ‘special administrative region’ is […]
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Man caught attempting to smuggle 104 live snakes in his pants at China border
Image of Chinese customs officers holding bags of snakes seized at the Futian Port shared on July 9, 2024 Source: General Administration of Customs of the People’s Republic of China A man attempting to smuggle 104 live snakes in his pants was caught at a Chinese border this week, according to the country’s customs authority. […]
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China’s Ping An eyes up to $5 billion convertible bond sale, Reuters reports
Ping An Insurance, also known as Ping An of China, logo seen on a skyscraper in Shanghai. A Chinese holding conglomerate. (Photo by Alex Tai/SOPA Images/LightRocket via Getty Images) Alex Tai | SOPA Images | LightRocket via Getty Images China’s Ping An Insurance is considering convertible bond sale worth up to $5 billion, according to two sources with direct knowledge of the matter. The bond sale […]
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CNBC Day by day Open up: French left-wing shock victory, Boeing responsible plea
Traders get the job done on the ground of the New York Stock Exchange, June 14, 2023. Spencer Platt | Getty Images This report is from today’s CNBC Everyday Open, our intercontinental markets e-newsletter. CNBC Daily Open delivers traders up to pace on all the things they will need to know, no subject the place […]
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U.S. regulation business Dechert considering shuttering places of work in Hong Kong, Beijing, Reuters reports citing sources
U.S.–founded law company Dechert is thinking of closing its workplaces in Hong Kong and Beijing, turning out to be the most current foreign firm to scale again in Better China, two men and women reported, amid a prolonged money market place downturn and escalating Sino-U.S. tensions. Nurphoto | Nurphoto | Getty Photos U.S.-started law firm Dechert is […]
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Young generations of Asians are shelling out large on artwork
Youthful, wealthy consumers in Asia are splashing their funds on artwork, in accordance to a longtime collector and senior auction dwelling government. Nicolas Chow, Sotheby’s chairman for Asia, claimed extra than 40% of its potential buyers of present-day artwork are millennials (born involving 1981 and 1996), while Gen X (1965 to 1980) are also most […]
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Hongkong Land options $1 billion luxury retail locations in monetary hub
Hongkong Land declared a a lot more than $1 billion, a few-yr expense in ultra-luxurious retail in the heart of the city’s monetary district on Wednesday. Nurphoto | Nurphoto | Getty Pictures Hongkong Land introduced a extra than $1 billion, three-yr financial investment in ultra-luxurious retail in the coronary heart of the city’s economic district on […]
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This Southeast Asian city is the world’s most high-priced for the tremendous wealthy — Hong Kong comes 2nd
Individuals in Singapore are spending 10% greater for ladies’ handbag and shoes, and additional than 5% for men’s satisfies and watches. Ore Huiying | Getty Visuals News | Getty Images Sky-high assets selling prices, exorbitant car or truck ownership fees and costly personal health-related treatment, between other things, have held Singapore the most pricey metropolis […]
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Top 10 most expensive cities for expats in 2024
Hong Kong retained its pole position as the world’s most expensive city for expats in 2024, according to Mercer. Chunyip Wong | E+ | Getty Images Asia’s biggest financial hubs have once again clinched the top spots for being the costliest cities for international workers to live in, according to Mercer. Hong Kong was ranked […]
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