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Fragmented Crypto Regulations Creating Uneven Playing Field, FSB Asia Voices Concerns
The Asia unit of the Financial Stability Board (FSB) convened in Hong Kong this week, co-chaired by Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, and P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka.
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Nabha Jailbreak Mastermind Extradited From Hong Kong, Arrested In Delhi
The mastermind behind the 2016 Nabha jailbreak Ramanjit Singh was arrested on Thursday after his extradition by authorities in Hong Kong in an operation coordinated by the CBI and the Punjab Police, officials said.
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Hong Kong SFC to Audit Compliance of Crypto Firms After Exchange Licencing Deadline
Hong Kong Securities and Futures Commission (SFC) will inspect all firms linked to the cryptocurrency sector. The platform have been informed about compliance audits in the coming weeks. Hong Kong authorities had imposed a deadline up to June 1 for existing crypto firms to get their licencing and other documentation work in order.
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Food Safety Body's New Carcinogen Check Method Amid Row Over Indian Spices
The sales ban on Indian spices in Hong Kong and Singapore has prompted the Food Safety and Standards Authority of India (FSSAI) to come up with a new method to detect Ethylene Oxide in spices, top official sources have said.
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Food Authority Denies Claims Of High Pesticide Residue In Spices As Baseless
This comes amid the reports of the ban imposed by Hong Kong on some spice mixes of two leading Indian brands on the alleged presence of ethylene oxide in samples.
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Indian Spice Brands Row : Food Authority To Check Quality Of Spices Sold In India
The food authority mentioned that they will only look into the quality of the spices sold in the Indian domestic market. Read on for details.
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Hong Kong Continues Clampdown on Fraudulent, Unregistered Crypto Exchanges
Hong Kong is continuing its ongoing crackdown on crypto platforms that are not officially registered with the authorities in the region. On the sidelines of this, the Securities and Futures Commission of Hong Kong has warned its citizens against engaging with – HKCEXP, which is suspected to be facilitating unlawful activities and could be staring...
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Man Falls Out Of Truck At Hong Kong Airport, Dies After Being Hit By Plane
A Hong Kong airport ground worker was killed when he was hit by a towed aircraft on Tuesday, authorities said, a rare incident that prompted an arrest for dangerous driving.
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HSBC, Standard Chartered Face Pressure From Hong Kong to Take on Crypto Clients: Report
The Hong Kong Monetary Authority (HKMA) is reportedly urging lenders including HSBC and Standard Chartered to onboard cryptocurrency exchanges as clients. This move comes at a time when countries such as the US are doubling down on crypto exchanges.
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Hong Kong Commences CBDC Pilot; Multiple Fintech Players Onboarded for Trial of e-HKD
Hong Kong has launched its e-HKD CBDC into pilot. This essentially means that Hong Kong will be conducting tests to determine how the CBDC could be used to process full-fledged payments, programmable payments, offline payments, tokenised deposits, settlement of Web3 transactions as well as settlement of tokenised assets.
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Hong Kong Banking Shares Dip Amidst UBS's Takeover Of Credit Suisse
Banking shares in Hong Kong tumbled in early trade on Monday, even as the city's monetary authority said the sector had "insignificant" exposure to troubled Swiss banking giant Credit Suisse.
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Massive Fire In Hong Kong Skyscraper, No Casualties
A skyscraper under construction in the heart of Hong Kong's historic shopping and tourist district was left scorched on Friday by a massive fire, with authorities saying the blaze had been largely extinguished.
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Macau Hotel Locked Down After Covid Outbreak; 700 People Quarantined
A hotel and casino resort in the world's biggest gambling hub of Macau was locked down by authorities with 700 people inside on Tuesday due to a coronavirus infection outbreak on the property, local broadcaster TDM reported.
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Multiple Arrests In Hong Kong On Tiananmen Anniversary
Hong Kong authorities on Saturday detained multiple people as they pounced on any attempt at public commemoration of the 33rd anniversary of the Tiananmen crackdown, while around the world tribute was paid to the victims of the bloody event.
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Air India Cancels Flights To And From Hong Kong
Air India has cancelled flight services to Hong Kong due to COVID-19 restrictions imposed by the Hong Kong authorities and limited demand in the sector, the airline said.
-
Fragmented Crypto Regulations Creating Uneven Playing Field, FSB Asia Voices Concerns
The Asia unit of the Financial Stability Board (FSB) convened in Hong Kong this week, co-chaired by Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, and P. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka.
-
Nabha Jailbreak Mastermind Extradited From Hong Kong, Arrested In Delhi
The mastermind behind the 2016 Nabha jailbreak Ramanjit Singh was arrested on Thursday after his extradition by authorities in Hong Kong in an operation coordinated by the CBI and the Punjab Police, officials said.
-
Hong Kong SFC to Audit Compliance of Crypto Firms After Exchange Licencing Deadline
Hong Kong Securities and Futures Commission (SFC) will inspect all firms linked to the cryptocurrency sector. The platform have been informed about compliance audits in the coming weeks. Hong Kong authorities had imposed a deadline up to June 1 for existing crypto firms to get their licencing and other documentation work in order.
-
Food Safety Body's New Carcinogen Check Method Amid Row Over Indian Spices
The sales ban on Indian spices in Hong Kong and Singapore has prompted the Food Safety and Standards Authority of India (FSSAI) to come up with a new method to detect Ethylene Oxide in spices, top official sources have said.
-
Food Authority Denies Claims Of High Pesticide Residue In Spices As Baseless
This comes amid the reports of the ban imposed by Hong Kong on some spice mixes of two leading Indian brands on the alleged presence of ethylene oxide in samples.
-
Indian Spice Brands Row : Food Authority To Check Quality Of Spices Sold In India
The food authority mentioned that they will only look into the quality of the spices sold in the Indian domestic market. Read on for details.
-
Hong Kong Continues Clampdown on Fraudulent, Unregistered Crypto Exchanges
Hong Kong is continuing its ongoing crackdown on crypto platforms that are not officially registered with the authorities in the region. On the sidelines of this, the Securities and Futures Commission of Hong Kong has warned its citizens against engaging with – HKCEXP, which is suspected to be facilitating unlawful activities and could be staring...
-
Man Falls Out Of Truck At Hong Kong Airport, Dies After Being Hit By Plane
A Hong Kong airport ground worker was killed when he was hit by a towed aircraft on Tuesday, authorities said, a rare incident that prompted an arrest for dangerous driving.
-
HSBC, Standard Chartered Face Pressure From Hong Kong to Take on Crypto Clients: Report
The Hong Kong Monetary Authority (HKMA) is reportedly urging lenders including HSBC and Standard Chartered to onboard cryptocurrency exchanges as clients. This move comes at a time when countries such as the US are doubling down on crypto exchanges.
-
Hong Kong Commences CBDC Pilot; Multiple Fintech Players Onboarded for Trial of e-HKD
Hong Kong has launched its e-HKD CBDC into pilot. This essentially means that Hong Kong will be conducting tests to determine how the CBDC could be used to process full-fledged payments, programmable payments, offline payments, tokenised deposits, settlement of Web3 transactions as well as settlement of tokenised assets.
-
Hong Kong Banking Shares Dip Amidst UBS's Takeover Of Credit Suisse
Banking shares in Hong Kong tumbled in early trade on Monday, even as the city's monetary authority said the sector had "insignificant" exposure to troubled Swiss banking giant Credit Suisse.
-
Massive Fire In Hong Kong Skyscraper, No Casualties
A skyscraper under construction in the heart of Hong Kong's historic shopping and tourist district was left scorched on Friday by a massive fire, with authorities saying the blaze had been largely extinguished.
-
Macau Hotel Locked Down After Covid Outbreak; 700 People Quarantined
A hotel and casino resort in the world's biggest gambling hub of Macau was locked down by authorities with 700 people inside on Tuesday due to a coronavirus infection outbreak on the property, local broadcaster TDM reported.
-
Multiple Arrests In Hong Kong On Tiananmen Anniversary
Hong Kong authorities on Saturday detained multiple people as they pounced on any attempt at public commemoration of the 33rd anniversary of the Tiananmen crackdown, while around the world tribute was paid to the victims of the bloody event.
-
Air India Cancels Flights To And From Hong Kong
Air India has cancelled flight services to Hong Kong due to COVID-19 restrictions imposed by the Hong Kong authorities and limited demand in the sector, the airline said.
