Hong kong trade

The US Department of Commerce’s Bureau of Industry and Security (BIS) recently issued a Final Rule imposing new support document requirements with respect to exports to Hong Kong.Exports to Hong KongUnder the terms of the Final Rule, US exporters intending to export to Hong Kong any item subject to the Export Administration Regulations (EAR) that is controlled on the Commerce Control List (CCL) for national security (NS), missile technology (MT), nuclear nonproliferation (NP column 1), or chemical and biological weapons (CB) reasons must obtain—prior to shipment—a copy of a Hong Kong import license or, alternatively, a written statement issued by the Hong Kong government that an import license is not required. For purposes of the new requirement, a written statement issued by the Hong Kong government includes both a written communication to a license applicant informing the applicant that an item does not require a license and a statement available to the general … [Read more...] about New Documentary Requirements Issued for Hong Kong Exports and Reexports

BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury Newsletter Signup World By Suman Varandani @suman09 05/02/16 AT 3:26 AM More than 5,000 people took to the streets in Hong Kong Sunday to demand laws on standard working hours and a universal pension scheme. Two major marches were carried out to mark the Labor Day, organized separately by the Federation of Trade Unions and the Confederation of Trade Unions (CTU).The organizers urged the government to put in place the two policies immediately, stating that the Chief Executive of Hong Kong, Leung Chun-ying, whose current term in office ends July next year, promised to get the polices implemented. Protesters also demanded abolition of the so-called offset provision in the Mandatory Provident Fund — Hong Kong’s existing retirement savings scheme — which according to critics does not benefit employees. Under the controversial provision, employers can use … [Read more...] about May Day In Hong Kong: More Than 5,000 People Protest Demanding Standard Working Hours, Universal Pension Scheme

Sep 04, 2:44 AM EDT Newsletter Signup BusinessTechnologyWorldNationalMedia & CultureOpinionSportsLuxury World By Shreesha Ghosh @Shreesha_94 08/23/17 AT 4:23 AM UPDATE: 4:45 a.m. EDT — At least three people, including a 45-year-old mainland Chinese tourist, died in Macau and two went missing after typhoon Hato lashed through the South China Sea on Wednesday. Earlier, four people were said to have gone missing in Fai Chi Kei, Macau; however, later two people were rescued, South China Morning Post reported. Macau also faced blackout due to power supply cable failure in the neighboring city of Zhuhai. The power supply is slowly being restored, the Macau Daily Times reported.Original Story Typhoon Hato that made landfall in China on Wednesday whipped through Hong Kong causing heavy floods and suspension of trade. The city observatory downgraded the powerful typhoon to number 8 at 2:10 p.m. local time (2:10 a.m. EDT) hours after the city issued the highest storm … [Read more...] about WATCH: Typhoon Hato Triggers Heavy Flooding in Hong Kong, Halts Stock Trading

By ELAINE KURTENBACH Published June 12, 2019 Energy Associated Press Facebook Twitter Comments Print Image 1 of 2 ▼ A Chinese investor monitors stock prices at a brokerage in Beijing Wednesday, June 12, 2019. Shares were mostly lower in Asia on Wednesday and Hong Kong’s Seng index tumbled 1.7% as thousands continued protests against proposed legislation that many city residents fear could further erode the territory’s legal autonomy. (AP Photo/Ng Han Guan) Global shares retreated Wednesday and Hong Kong's Hang Seng index fell sharply as thousands continued protests against proposed legislation that many city residents fear could further erode the territory's legal autonomy. Continue Reading Below In midday trading in Europe, Germany's DAX lost 0.4% to 12,104 and the CAC 40 in France dropped 0.6% to 5,377. Britain's FTSE 100 also skidded 0.6% to 7,356. U.S. shares were headed for a weak open as the future contract for the … [Read more...] about Stocks slip as protests shake Hong Kong, trade woes linger

Updated 2:08 am PDT, Sunday, August 18, 2019 Demonstrators carry umbrellas as they march along a street in Hong Kong, Sunday, Aug. 18, 2019. Heavy rain fell on tens of thousands of umbrella-ready protesters as they started marching from a packed park in central Hong Kong, where mass pro-democracy demonstrations have become a regular weekend activity. less Demonstrators carry umbrellas as they march along a street in Hong Kong, Sunday, Aug. 18, 2019. Heavy rain fell on tens of thousands of umbrella-ready protesters as they started marching from a packed park in ... more Photo: Vincent Yu, AP Photo: Vincent Yu, AP Image 1 of / 10 Caption Close Image 1 of 10 Demonstrators carry umbrellas as they march along a street in Hong Kong, Sunday, Aug. 18, 2019. Heavy rain fell on tens of … [Read more...] about The Latest: Hong Kong protesters occupy major road