Hong Kong Fintech News, Cryptocurrency Stories, Business Press Releases

UNDP: Cost-of-living crisis driving surge in extreme poverty

Homeless people receive food at Sao Martinho de Lima Community Center, in Sao Paulo, Brazil, on May 30, 2022. (FILIPE ARAUJO / AFP) LONDON – The global cost-of-living crisis is pushing an additional 71 million people in the world's poorest countries into extreme poverty, a new report published by the UN Development Programme on Thursday […]

EU presidency to focus on effects of Russia-Ukraine conflict

Ukrainian journalists walk in the yard of National Pedagogic university destroyed by a Russian attack in Kharkiv, Ukraine, July 6, 2022. (EVGENIY MALOLETKA / AP) BRUSSELS/KYIV – Managing the consequences of the Russia-Ukraine conflict will top the list of priorities of the Czech Republic, which took over the six-month rotating presidency of the Council of […]

DRC, Rwanda agree to de-escalate tensions

A Congolese army tank heads towards the front line near Kibumba in the area surrounding the North Kivu city of Goma on May 25, 2022 during clashes between the Congolese army and M23 rebels. (ARLETTE BASHIZI / AFP) KINSHASA – President Felix Tshisekedi of the Democratic Republic of the Congo and his Rwandan counterpart, Paul […]

WHO: Over 6k monkeypox cases reported, emergency meeting set

World Health Organisation Director-General Tedros Adhanom Ghebreyesus delivers a speech on the opening day of 75th World Health Assembly of the World Health Organisation in Geneva on May 22, 2022. (JEAN-GUY PYTHON / AFP) LONDON – More than 6,000 cases of monkeypox have now been reported from 58 countries in the current outbreak, the World […]

EU parliament backs labeling gas, nuclear investments green

Flags of the EU fly in front of the headquarters of the European Commission in Brussels, Belgium, on June 29, 2020. (ZHANG CHENG / XINHUA) BRUSSELS – The European Parliament on Wednesday backed EU rules labeling investments in gas and nuclear power plants as climate-friendly, throwing out an attempt to block the law that has […]

US FDA allows pharmacists to prescribe Pfizer’s COVID-19 pill

Food and Drug Administration building is shown Thursday, Dec 10, 2020 in Silver Spring, Md. (MANUEL BALCE CENETA / AP) BRUSSELS / ROME – The US Food and Drug Administration said on Wednesday it had authorized state-licensed pharmacists to prescribe Pfizer Inc's COVID-19 pill to eligible patients to help improve access to the treatment. The […]

Boris Johnson ‘up for a fight’ as clamor to quit grows

A video grab from footage broadcast by the UK Parliament's Parliamentary Recording Unit shows Britain's Prime Minister Boris Johnson answering questions at a parliamentary Liaison Committee hearing in the House of Commons in London on July 6, 2022. (PRU / AFP) LONDON – British Prime Minister Boris Johnson defied pressure to quit on Wednesday from […]

Increasingly isolated, Boris Johnson pledges to fight on

A video grab from footage broadcast by the UK Parliament's Parliamentary Recording Unit shows Britain's Prime Minister Boris Johnson speaking next to Britain's newly appointed Chancellor of the Exchequer Nadhim Zahawi (right) and Britain's Justice Secretary and deputy Prime Minister Dominic Raab (left) during the weekly session of Prime Minister's Questions at the House of […]

If UK PM Boris Johnson is ousted, who could replace him?

In this file photo taken on June 30, 2022 Britain's Prime Minister Boris Johnson gestures ahead of a meeting of The North Atlantic Council during the NATO summit at the Ifema congress center in Madrid. (GABRIEL BOUYS / AFP) LONDON – British Prime Minister Boris Johnson was clinging to power on Wednesday, gravely wounded by […]

Zimbabwe to introduce gold coins as local currency tumbles

A man counts a wad of the new Zimbabwean ten-dollar notes received from an ATM outside a bank in Harare on May 20, 2020. (JEKESAI NJIKIZANA / AFP) HARARE – Zimbabwe's central bank said it would start selling gold coins this month as a store of value to tame runaway inflation, which has considerably weakened […]

Russia’s Lavrov calls for efforts to protect international laws

In this photo released by Russian Foreign Ministry Press Service, Russian Foreign Minister Sergei Lavrov, left, and Vietnamese Foreign Minister Bui Thanh Son shake hands during their meeting in Hanoi, Vietnam, July 6, 2022. (RUSSIAN FOREIGN MINISTRY PRESS SERVICE VIA AP) HANOI – Russian Foreign Minister Sergei Lavrov on Wednesday called on all parties in […]

Virus: Italy daily cases exceed 100k for the 1st time since Feb

Medical workers wearing protective gear take swab samples to test for COVID-19 at a drive-through for people returning from Croatia, Spain, Malta and Greece, at the San Carlo hospital, in Milan, Italy, Aug 25, 2020. (LUCA BRUNO / AP) PARIS / BERLIN / DUBLIN / MEXICO CITY / ROME / MADRID / LJUBLJANA – Italy reported 132,274 COVID-19 […]

Canada swiftly ratifies protocol for Finland, Sweden’s NATO bid

A picture taken on Nov 20, 2019 shows a NATO flag at the NATO headquarters in Brussels, during a NATO Foreign Affairs ministers' summit. (KENZO TRIBOUILLARD / AFP) OTTAWA – Canada became the first country to formally ratify Finland and Sweden's accession to NATO in an accelerated process completed shortly after member nations signed off […]

EU lawmakers pass landmark tech rules, enforcement a worry

European Commissioner for Internal Market Thierry Breton speaks during a signature ceremony regarding the Chips Act at EU headquarters in Brussels on Feb 8, 2022. (VIRGINIA MAYO / AP PHOTO) BRUSSELS – EU lawmakers gave the thumbs up on Tuesday to landmark rules to rein in tech giants such as Alphabet unit Google, Amazon, Apple, […]

EU lawmakers pass landmark tech rules, but enforcement a worry

European Commissioner for Internal Market Thierry Breton speaks during a signature ceremony regarding the Chips Act at EU headquarters in Brussels on Feb 8, 2022. (VIRGINIA MAYO / AP PHOTO) BRUSSELS – EU lawmakers gave the thumbs up on Tuesday to landmark rules to rein in tech giants such as Alphabet unit Google, Amazon, Apple, […]

Britons sweat on prospect of summer rail misery

People holds placards as they attend a RMT union train strike rally outside King's Cross railway station, in London, June 25, 2022. (MATT DUNHAM / AP) Britain's summer of strikes could be on the verge of becoming even bigger and harder-hitting after train drivers warned that the results of a ballot on possible industrial action […]

Ukrainian president, British PM discuss security

In this file image provided by the Ukrainian Presidential Press Office, Ukrainian President Volodymyr Zelensky, center, and Britain's Prime Minister Boris Johnson walk on the square where damaged Russian military vehicles are displayed in Kyiv, Ukraine, June 17, 2022. (UKRAINIAN PRESIDENTIAL OFFICE VIA AP) KIEV/MOSCOW – Ukraine's President Volodymyr Zelensky has thanked British Prime Minister […]

Canada swiftly ratifies protocol for Finland, Sweden to join NATO

A picture taken on Nov 20, 2019 shows a NATO flag at the NATO headquarters in Brussels, during a NATO Foreign Affairs ministers' summit. (KENZO TRIBOUILLARD / AFP) OTTAWA – Canada became the first country to formally ratify Finland and Sweden's accession to NATO in an accelerated process completed shortly after member nations signed off […]