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Thu, November 30, 2023 | 01:08
Xi praises 'one country, two systems' framework at 25th anniversary of Hong Kong handover
HONG KONG ― Chinese President Xi Jinping praised the "one country, two systems" principle on his two-day visit to Hong Kong, marking the 25th anniversary of the handover of the city by the U.K. to China. The remarks come as Beijing increases its influence over the city, with the passage of the national security law in 2020. It was the Chinese leader's first trip out of the ma...
Asia | 2022-07-01 17:01
Former journalist recalls handover of Hong Kong as 25th anniversary approaches
HONG KONG - Twenty-five years ago, on the eve of July 1, 1997, masses gathered at Tiananmen Square in Beijing to celebrate the U.K.'s official handover of Hong Kong to China, which ended 156 years of British rule over its former colony. Son Key-young, a former reporter for The Korea Times and now a professor at Korea University's Asiatic Research Institute was there to see th...
Asia | 2022-06-30 16:03
[INTERVIEW] NH Investment & Securities accelerating growth in Hong Kong
HONG KONG - Korean financial firms are seeking to expand overseas operations as they face limits in the domestic market. But as relative latecomers and foreign entities, overseas expansion has proven a difficult task due to substantial barriers to entering overseas markets that are dominated by larger existing players. NH Investment & Securities, which has been in Hong Kong s...
Companies | 2022-06-29 14:30
Korea on track to cut dependency on China for rare earths
HONG KONG - South Korea's decision to join a U.S.-led pact on mineral supply helps satisfy a “definite need” to cut dependency on China for key resources, including rare earths, analysts said. Securing key resources has become a core task for major economies around the world, as minerals are a crucial element incorporated into cutting-edge technologies, green energy and natio...
Economy | 2022-06-28 14:09
South Korea, China battle population woes
HONG KONG, BEIJING - Japan has long been suffering from the worst population crisis, but South Korea's fertility rate is now one of the lowest in the world, and China's is not much better.Last year, in a nation of over 51 million people, the average number of children a woman in South Korea was expected to give birth to in her lifetime sat at 0.81 - the lowest since Statistic...
Asia | 2022-06-24 14:58
Hong Kong to offer Korean in college entrance exam
HONG KONG - Hong Kong will include Korean in the foreign language category of the city's university entrance exam starting from 2025. The Consulate General of South Korea in Hong Kong said Wednesday that Hong Kong's Examinations and Assessment Authority and Korea's National Institute for International Education had reached an agreement on the matter.
Asia | 2022-06-22 17:13
N. Korea snaps up Chinese soybeans as COVID-19 exacerbates food shortage fears
SHENYANG, HONG KONG - North Korea bought a large volume of soybeans from China in May even though overall imports from its neighbor slumped more than 80 percent from the previous month, trade data from Beijing showed, amid suspicion the reclusive state is suffering food shortages as it fights a coronavirus outbreak. North Korea spent $2.97 million on 3,744 tons of Chinese soy...
North Korea | 2022-06-22 12:59
Dragon Boat Festival sheds light on Hong Kong's fishing community
HONG KONG - The Dragon Boat Festival is a traditional Chinese holiday that falls on the fifth day of the fifth month of the year according to the lunar calendar. Dragon boat races are held on this holiday across the mainland, and also in Hong Kong.
Asia | 2022-06-07 17:10
China emerges from COVID lockdown, but Korean companies see damage
HONG KONG - South Korean businesses in Shanghai are rushing to normalize operations after the city lifted its two-month long citywide lockdown on Wednesday. Park Sang-min, a South Korean businessman based in the commercial hub, said many companies involved in trade like his own had lost business partners during the lockdown, when cargo-handling capacity at the city's port plu...
Companies | 2022-06-03 10:28
Hong Kong sports center owners get back on their feet after COVID-19 shutdown
HONG KONG - During Hong Kong's fifth COVID-19 wave, when basically all establishments were closed in the evenings and there was little to do outside of the home except for taking a stroll in parks, one could easily spot trainers with their trainees there. What appeared to be nice outdoor sessions were actually trainers trying to survive through the four-month shutdown of spor...
Asia | 2022-05-31 15:20
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[PHOTOS] It's beginning to look a lot like Christmas
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