Hong Kong

Victim of pandemic, Hong Kong floating restaurant towed away

A landmark floating restaurant that fed Cantonese cuisine and seafood to Queen Elizabeth II, Tom Cruise and millions of other diners was towed from the Hong Kong harbor front on June 14 after being closed by the pandemic.

The parent company of Jumbo Floating Restaurant couldn't find a new owner and lacked funds to maintain it after months of COVID-19 restrictions.

Global stocks rise on improved Chinese services data

Global stock markets and Wall Street futures advanced yesterday after the downturn in China's service industries eased and news reports said the Biden administration might lift U.S. tariffs on some Chinese imports.

London and Frankfurt opened higher. Shanghai, Tokyo and Hong Kong advanced. Oil prices gained to stay close to $120 per barrel.

Hong Kong leader Carrie Lam to leave office

Hong Kong's leader Carrie Lam announced Monday that she will step down in June, ending a divisive term that saw democracy protests squashed and strict pandemic curbs plunge the business hub into international isolation.

Ending months of speculation, Lam confirmed she would not seek a second term when a committee made up of the city's political elite chooses a new leader next month.

Turkish artists to join London Climate Action Week with online show

Four Turkish artists will join the London Climate Action Week (LCAW) with an online art exhibition, organizers said on June 18.

Selva Özelli, Semine Hazar, Fatma Kadir and İlhan Sayın are joining this year's first part of the LCAW, which will run from June 26 to July 4, according to a statement by Özelli.

Özelli prepared and curated seven new art shows for the event.

China reduces elected seats in Hong Kong legislature

China has sharply reduced the number of directly elected seats in Hong Kong's legislature in a setback for the democracy movement. The changes were announced on March 30 after a two-day meeting of China's top legislature.

China's top legislature approved amendments to Hong Kong's constitution on March 30 that will give Beijing more control over the makeup of the city's legislature.

Pages