Hong Kong Fintech News, Cryptocurrency Stories, Business Press Releases

Climate change is driving 2022 extreme heat and flooding

People wade through a flooded area following heavy monsoon rainfall in Companiganj on June 26, 2022. (MAMUN HOSSAIN / AFP) LONDON – Extreme weather events – from scorching heatwaves to unusually heavy downpours – have caused widespread upheaval across the globe this year, with thousands of people killed and millions more displaced. In the last […]

Asylum applications in EU last year up a third from 2020

A migrant looks on as he stands inside Moria detention center in Mytilene on April 15, 2016. (ARIS MESSINIS / AFP) BRUSSELS – The European Union received 648,000 applications last year for international protection, a third more than in 2020, its asylum agency EUAA said on Tuesday, with Syrians and Afghans the main groups of […]

US appeals court vacates federal jab mandate pending hearing

A healthcare worker administers a dose of the Moderna Covid-19 vaccine at a walk up vaccination site in San Francisco, California, US, on Wednesday, February 3, 2021. (DAVID PAUL MORRIS / BLOOMBERG) PARIS / LOS ANGELES / ADDIS ABABA / WASHINGTON – A US appeals court panel said on Monday it would convene a full panel to […]

E. African initiative seeks to tap bioeconomy potential

E. African initiative seeks to tap bioeconomy potential

The East African Community on Friday unveiled its Regional Bioeconomy Strategy at the EAC Headquarters in Arusha, Tanzania. The strategy is aimed at making use of the region's abundant natural resources to develop the bioeconomy. The strategy will offer an opportunity for partner states to achieve their individual aspirations, making use of the region's underutilized […]

US Supreme Court endorses football coach’s on-field prayers

Police walk in front of the US Supreme Court in Washington DC  on June 27, 2022. (STEFANI REYNOLDS / AFP) WASHINGTON – The US Supreme Court, in the latest in a spate of decisions expanding religious liberty, ruled on Monday that a Washington state public school district violated the rights of a Christian high school […]

Venezuelan officials meet US delegation, Maduro says

Handout picture released by the Venezuelan Presidency showing Venezuelan President Nicolas Maduro speaking upon his arrival at the Simon Bolivar international airport in La Guaira, Venezuela on June 18, 2022. (ZURIMAR CAMPOS / VENEZUELAN PRESIDENCY / AFP) Venezuelan President Nicolas Maduro said on Monday that the country’s head of congress met a United States delegation […]

G7, NATO summits face deeper cracks despite projected unity

Police patrol outside the international media center during the Group of Seven (G7) summit in Garmisch-Partenkirchen, Germany, June 26, 2022. (GUO CHEN / XINHUA) ELMAU, Germany – A series of major Western diplomatic gatherings began with the Group of Seven (G7) leaders' meeting in the German mountain resort of Schloss Elmau on Sunday, while thousands […]

Global biodiversity deal to halt nature loss stalls in Nairobi

In this handout picture relased courtesy of the European Union Delegation to Colombia, burned trees are seen after a forest fire in the Department of Guaviare, northwest of the Colombian Amazon on Feb 5, 2022. (EUROPEAN UNION / AFP) NAIROBI – Efforts to draft an ambitious global agreement on halting nature loss ended Sunday with […]

Sudan accuses Ethiopia of executing 7 Sudanese soldiers, civilian

Ethiopian refugees who fled the fighting in the Tigray region transport building materials using a donkey-pulled cart, at Umm Rakuba camp in eastern Sudan's Gedaref State, on Aug 11, 2021. (ASHRAF SHAZLY / AFP) Sudan's military accused Ethiopia's army of executing seven Sudanese soldiers and a civilian who were captives, the Sudanese armed forces said […]

Russia pitches into first major external bond default in century

People stroll on Red Square in front of the Spasskaya Tower and St. Basil's Cathedral in downtown Moscow on June 7, 2022. (NATALIA KOLESNIKOVA / AFP) LONDON – Russia defaulted on its foreign sovereign bonds for the first time since the Bolshevik revolution, as sweeping sanctions cut the country off from the global financial system […]

UK presses on with Brexit deal changes despite EU opposition

This photo dated Dec 9, 2020 shows flags of the Union Jack and the EU ahead of Britain's prime minister's meeting on post Brexit trade deal with European Commission president, in Brussels. (OLIVIER HOSLET / POOL / AFP) LONDON – British Prime Minister Boris Johnson's government will press ahead on Monday with legislation to scrap […]

G7 summit opens amid lower expectations, protests

German Chancellor Olaf Scholz speaks next European Commission President Ursula von der Leyen, Japanese Prime Minister Fumio Kishida, Canadian Prime Minister Justin Trudeau, US President Joe Biden, Italian Prime Minister Mario Draghi and European Council President Charles Michel during a press statement on the first day of the G7 leaders' summit held at Elmau Castle, […]

Horror on Oslo Pride day as gunman goes on rampage

A woman lays flowers at the scene of a shooting in central Oslo, Norway on June 25, 2022. (SERGEI GRITS / AP) OSLO – Terrified revelers at a gay bar in Oslo hid in a basement and desperately called loved ones as a gunman went on the rampage, killing two people and injuring 21 on […]

Protesters at US top court decry ruling overturning Roe v. Wade

People protest about abortion outside the Supreme Court in Washington on June 25, 2022. (STEVE HELBER / AP) WASHINGTON/JACKSON, Mississippi – Hundreds of protesters descended on the US Supreme Court on Saturday to denounce the justices' decision to overturn the half-century-old Roe v. Wade precedent that recognized women's constitutional right to abortion. The sweeping ruling […]

Boris Johnson seeks to stay in power until the mid-2030s

Britain's Prime Minister Boris Johnson addresses a press conference during the Commonwealth Heads of Government Meeting (CHOGM) at Lemigo Hotel in Kigali on June 24, 2022. (DAN KITWOOD / POOL / AFP) KIGALI – British Prime Minister Boris Johnson said on Saturday he aims to remain in power until the middle of the next decade, […]