The Hong Kong Telegraph - News from Hong Kong and China in seven languages, daily around the clock

Hong Kong -

IN THE NEWS

New York sues online prediction markets giant Kalshi

New York sues online prediction markets giant Kalshi

New York's attorney general sued betting platform Kalshi on Friday, accusing it of running an illegal gambling operation in a case that could shed a spotlight on the lightly regulated and controversial world of prediction markets.

Read more
Spaniard Santi Denia takes over as Czech Republic coach

Spaniard Santi Denia takes over as Czech Republic coach

Santi Denia, who guided his native Spain to 2024 Olympic gold, has been appointed head coach of the Czech Republic, the national federation (FACR) announced on Friday.

Read more
Commerzbank agrees to talks with UniCredit after two-year standoff

Commerzbank agrees to talks with UniCredit after two-year standoff

Commerzbank CEO Bettina Orlopp has called for the opening of talks with UniCredit regarding the German bank's future, deeming a "constructive dialogue" necessary after the Italian group secured nearly half of the voting rights.

Read more
Profits surge at US oil giant amid Iran war supply shock

Profits surge at US oil giant amid Iran war supply shock

US petroleum giants ExxonMobil and Chevron released blowout profits Friday, reflecting a major lift in business conditions from the Middle East war that easily offset negative effects at both companies.

Read more
Fornaro Legal Releases Guidance to Help Businesses Maintain Clear Ownership Records During Growth

Fornaro Legal Releases Guidance to Help Businesses Maintain Clear Ownership Records During Growth

Fornaro Legal announced the publication of new guidance designed to help business owners maintain accurate ownership records and governance documentation as their companies expand. The guidance outlines practical considerations for businesses preparing for investment, ownership transitions, strategic partnerships, or future acquisition opportunities.

Read more
Bodies of four climbers found near Pakistan avalanche site: police

Bodies of four climbers found near Pakistan avalanche site: police

Search teams in Pakistan found four bodies after an avalanche on one of the world's highest mountains, with six people still missing from an expedition led by renowned British-Nepali climber Nirmal Purja, police said on Friday.

Read more
UK court dismisses challenge against new Chinese embassy in London

UK court dismisses challenge against new Chinese embassy in London

A top British court on Friday threw out a challenge against planning permission for a Chinese "mega" embassy in central London, but residents seeking to block the contentious project vowed to fight on.

Read more
Turkey fights to last major blaze inland from Bodrum

Turkey fights to last major blaze inland from Bodrum

Hundreds of firefighters were battling strong winds to quench a wildfire in southwestern Turkey as other wind-fuelled blazes along its Mediterranean coast were brought under control.

Read more
Stock markets rally on tech rebound

Stock markets rally on tech rebound

Global stock markets rallied Friday, led by a record surge of almost 18 percent for Seoul as technology firms performed a blistering recovery from an extended sell-off.

Read more
Japan probe made closest-ever asteroid flyby: space agency

Japan probe made closest-ever asteroid flyby: space agency

A Japanese probe flew 400 metres (1,312 feet) from a near-Earth asteroid this month, marking the closest approach ever recorded in such a mission, the space agency has said.

Read more