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Global pharmaceutical giants are doubling down on investing in China’s fast-growing biotech companies given the sector’s huge room for valuation growth, according to speakers at the Global Health Summit, which concluded in Hong Kong on Saturday. “Multinational pharmaceutical companies are shifting t
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A coalition of Hong Kong employers has called on the government to freeze the pay of foreign domestic workers this year, warning that any wage increases may result in mass sackings. They also proposed a new pay-for-performance mechanism to allow employers to reward high-performing helpers more than
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At least 12 flights connecting Hong Kong with mainland China, Taiwan and Japan have been cancelled as Typhoon Dolphin gradually moves away from Japan’s Okinawa prefecture and approaches eastern China. Hongkongers in Okinawa whose travel plans were disrupted by Dolphin were able to partially resume t
Apollo Micro Systems reported a 43% year-on-year rise in Q1 FY27 net profit to Rs 25.2 crore, while revenue surged 88% to Rs 251.3 crore. EBITDA rose 18% to Rs 48 crore, though margins moderated. The defence company said its best-ever first-quarter performance reflects strong execution and continued
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About 90 percent of the distance driven by Perseverance has been autonomous.
India's financial markets are poised for growth, buoyed by robust domestic economic fundamentals like strong consumer demand and proactive government spending. Nevertheless, international geopolitical tensions and fluctuating commodity prices present daunting challenges. Consequently, there may be f
The broad market benchmark soared to records this week, benefiting from options activity and a calmer VIX.
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FC Barcelona legend Lionel Messi's father Jorge Messi has died at the age of 68 according to numerous outlets in Argentina and Spain.
Ivory Coast's 'talking drum' returns to home village after 110 years
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Saudi Arabia, Pakistan and Turkey signed a mutual defence pact on Friday that would treat any act of aggression on one of the three nations as an attack on all of them, the allies said in a joint statement. However, it did not specify if the agreement would bind them to any particular military actio