Cathay Pacific Outlook: Profit Surge Expected as Travel and Cargo Demand Rebound

Cathay Pacific Airways anticipates a robust recovery in its financial performance, projecting a net profit of up to HK$6.5 billion for the first half of the year. According to preliminary financial guidance released by the carrier, the projected earnings represent a potential year-on-year increase of roughly 76% compared to the same period in previous reporting … Read more

Evergrande’s Xu Jiayin’s Tsim Sha Tsui Property Approved for Price Cut to HK$2.75M Amid Debt Crisis

Hong Kong’s property market is once again at the center of attention as a court has approved the reduction of the asking price for a luxury apartment previously owned by Evergrande founder Hui Ka Yan. The property, located in Kowloon’s Tsim Sha Tsui district, will now be offered for sale at HK$2.75 million (approximately US$352,000), … Read more

Oil Prices Fall as Iran Tensions Ease, Geopolitical Risk Premium Remains

“`html Crude Oil prices ⁣Fall as ⁢Iran Protests Subside LONDON, January 19,⁤ 2026 – Crude⁢ oil prices declined by 1%, reversing gains from the previous session, as protests⁢ in Iran have calmed, reducing the likelihood of a U.S. intervention that could disrupt supply from the major Middle Eastern⁣ producer. As⁤ of 10:30 AM Italian time, … Read more