Economy
MTR Corp pays out HK$2.25 billion for high-speed rail construction delays
Oct 2, 2026

MTR Corp pays out HK$2.25 billion for high-speed rail construction delays

The MTR Corporation will hand over HK$2.25 billion (US$287 million) to the Hong Kong government as a one-off settlement for the delayed completion of the high-speed rail line, while reaching a consens...

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Trump Tried To Make An Ally Out Of Fishermen. Some Have Started To Turn On Him
Oct 2, 2026

Trump Tried To Make An Ally Out Of Fishermen. Some Have Started To Turn On Him

Some commercial fishermen have come to question whether Trump is meeting the needs of an industry he has long leaned on for support....

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Unemployment Ticks Up, U.S. Add Disappointing Number Of Jobs In September
Oct 2, 2026

Unemployment Ticks Up, U.S. Add Disappointing Number Of Jobs In September

This jobs report is the last one to be released before the midterm elections....

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UOB rolls out online booking for branch appointments
Oct 2, 2026

UOB rolls out online booking for branch appointments

It says the service enables the bank to anticipate demand and prepare for each encounter with its customers...

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Hotstone Yoga director arrested over unfair trade practices after abrupt closure
Oct 2, 2026

Hotstone Yoga director arrested over unfair trade practices after abrupt closure

A director of Hotstone Yoga has been arrested on suspicion of contravening the Trade Descriptions Ordinance by accepting prepayments for services before the wellness chain’s abrupt closure, as the amo...

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Daily Debrief: What Happened Today (Oct 2)
Oct 2, 2026

Daily Debrief: What Happened Today (Oct 2)

Stories you might have missed...

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2.35 percent pay rise for foreign domestic helpers
Oct 2, 2026

2.35 percent pay rise for foreign domestic helpers

The government announced on Friday that the minimum wage for foreign domestic helpers in Hong Kong will rise from HK$5,100 to HK$5,220 per month – an increase of 2.35 percent. The new wage level w...

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California's economic growth expected to continue, but slowly and with few jobs gains
Oct 2, 2026

California's economic growth expected to continue, but slowly and with few jobs gains

The UCLA Anderson Forecast predicts California's economic growth will continue but with only meager jobs gains....

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California moves to limit utility profits and tap more power from homes
Oct 2, 2026

California moves to limit utility profits and tap more power from homes

One of several bills signed this week is a law to advance the use of virtual power plants to make greater use of clean energy at home....

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Justice Department accuses UCLA law school of illegally using race in admissions
Oct 2, 2026

Justice Department accuses UCLA law school of illegally using race in admissions

The Justice Department alleges the UCLA School of Law violated Title VI and the Supreme Court's affirmative action ruling by favoring Black and Latino applicants in admissions. UCLA Law says its proce...

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