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HK hits 36.9 degrees, highest since 1884

Hong Kong recorded its highest temperature of 36.9 degrees Celsius on Sunday since records began in 1884 as Tropical Cyclone Dolphin brought subsiding air currents to the region.

Police smash triad syndicate laundering $600m, arresting 147

Police arrested 147 individuals and dismantled a syndicate laundering over HK$600 million in crime proceeds during a two-day crackdown on triad activities.

Demand-driven talent policy takes the lead in HK's Five-Year Plan: John Lee

Hong Kong’s talent policies will be demand-driven and a related manpower study will be released within the year, said Chief Executive John Lee Ka-chiu. 

Eleven hospitalized as air conditioner fire forces evacuation at Taikoo Shing

A fire broke out in a 20th-floor flat at Begonia Mansion in Taikoo Shing on Sunday after an air conditioning unit caught fire.

Hiker dies after suspected heatstroke in Tai Po

A man in his 60s died after he was suspected of suffering from heatstroke while hiking in Tai Po on Sunday afternoon (Aug 9).

Business Today

Nvidia-like Chinese AI chipmaker Moore Threads eyes Hong Kong IPO: filing

Moore Threads Technology, dubbed "China's Nvidia", said it plans to apply for a listing in Hong Kong following its Shanghai initial public offering late last year. 

China's AI sector has no overall bubble, tokens to be export growth driver: Goldman Sachs

China’s artificial intelligence sector does not face an overall bubble, and a recent market correction has returned valuations to a healthy level, a senior Goldman Sachs strategist said, highlighting three key sub-sectors for investment.

US Senate advances landmark crypto bill before heading on August recess

US Senate Majority Leader John Thune moved on Saturday to advance a major bill that would create a regulatory framework for cryptocurrencies which, if passed, would mark a huge victory for US President Donald Trump and the crypto industry.

Former SK Hynix employee jailed for leaking information to a Chinese firm, Yonhap reports

A former employee at SK Hynix has been sentenced to 18 months in jail for leaking information on semiconductor manufacturing technology to a Chinese firm, the Yonhap news agency reported on Sunday.

Wheelock Properties' Park Silicon attracts over 10,000 visitors and receives over 1,200 checks

Wheelock Properties' Kwu Tung project Park Silicon Phase Two Palo Springs saw over 10,000 visitors in the marketing suite over the weekend, after the release of its first price list offering 65 units last Friday. 

World/China

Iran issues demands for reopening of Hormuz

Iran set preconditions on Saturday for a reopening of the Strait of Hormuz, including compensation for war damages, complicating a potential deal to open the waterway essential to the world economy.

South Korea FA apologizes after sex scandal adds to controversies

South Korea's under-fire football association has apologized over a series of controversies ranging from accusations of using unfair practices to appoint a coach to allegations that it provided sexual entertainment for foreign referees.

Lionel Messi's father Jorge dies aged 68

Jorge Messi, the father and agent of Lionel Messi, has died aged 68, the eight-time Ballon d'Or winner's childhood club Newell's Old Boys announced on Saturday.

Amazon behind massive private gas plant for new data centers

Amazon confirmed Friday it is financing a massive, private gas power plant in Texas that could become the single largest source of greenhouse gas emissions in the United States.

Xi extends congratulations on 61st founding anniversary of Republic of Singapore

Chinese President Xi Jinping on Sunday sent a congratulatory message to Singaporean President Tharman Shanmugaratnam on the 61st anniversary of the founding of the Republic of Singapore.

𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗧𝗵𝗲 𝗦𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗔𝗽𝗽 ↓