News for 'Hong Kong-based'

Infosys' B G Srinivas to join Hong Kong-based PCCW

Infosys' B G Srinivas to join Hong Kong-based PCCW

Rediff.com29 May 2014

Infosys President B G Srinivas will join Hong Kong-based diversified group PCCW as Group Managing Director in July, after ending his 15-year old stint with India's second largest IT services firm.

10 killed after Typhoon Noul makes landfall in southern China

10 killed after Typhoon Noul makes landfall in southern China

Rediff.com10 hours ago

Ten people were killed in rain-triggered floods in China as Typhoon Noul made landfall early Sunday in the southern province of Guangdong.

US Tightens Sanctions On Iran's 'Shadow Oil Economy'

US Tightens Sanctions On Iran's 'Shadow Oil Economy'

Rediff.com29 May 2026

The United States has announced new sanctions targeting Iran's 'shadow oil economy,' accusing Tehran of using illicit oil revenues to fund the Islamic Revolutionary Guard Corps (IRGC) and its regional activities.

Hong Kong-based Chainrai takes over Portsmouth

Hong Kong-based Chainrai takes over Portsmouth

Rediff.com4 Feb 2010

Hong Kong businessman Balram Chainrai has become Portsmouth's fourth owner in less than a year and will soon look to sell on to a fifth, the troubled Premier League club said on Thursday.

Global Firms Invest Rs 963 Crore In Paytm Parent Company

Global Firms Invest Rs 963 Crore In Paytm Parent Company

Rediff.com23 May 2026

Global financial institutions, including Goldman Sachs and Citigroup, have invested Rs 963 crore in One 97 Communications (Paytm's parent company) through open market transactions, acquiring a 1.34 per cent stake from SAIF Partners and Elevation Capital.

Xi Jinping Calls For Global AI Collaboration, Not Solo Performance

Xi Jinping Calls For Global AI Collaboration, Not Solo Performance

Rediff.com17 Jul 2026

Chinese President Xi Jinping has called for global collaboration in Artificial Intelligence development, stating it should be a "symphony" rather than a "solo performance." His remarks came at the World Artificial Intelligence Conference (WAIC) in Shanghai, where 29 countries also signed an agreement to establish the World Artificial Intelligence Cooperation Organisation (WAICO), an independent intergovernmental body headquartered in Shanghai. China also pledged 5,000 AI research projects and training for developing nations.

Light aircraft crashes into Beijing's tallest skyscraper

Light aircraft crashes into Beijing's tallest skyscraper

Rediff.com26 Jun 2026

A light sport aircraft crashed into Beijing's Citic Tower, the city's tallest skyscraper, prompting immediate evacuations. The incident occurred despite stringent airspace regulations in the Chinese capital, with details on casualties and the aircraft's origin still unclear.

Unexplained Light Aircraft Crash Rocks Beijing's Citic Tower

Unexplained Light Aircraft Crash Rocks Beijing's Citic Tower

Rediff.com26 Jun 2026

A light sport aircraft crashed into Beijing's Citic Tower, the city's tallest skyscraper, causing an immediate evacuation and scattering debris. The incident, which occurred in the prominent business district, has raised concerns, with authorities yet to comment and the origin and circumstances of the crash remaining unknown. The aircraft was identified as a Sunward SA60L Aurora, and the crash highlights recent stringent regulations on recreational flying in Beijing's airspace.

US, Japan Hold Key Patents In Rare Earth Tech, Study Finds

US, Japan Hold Key Patents In Rare Earth Tech, Study Finds

Rediff.com5 Jul 2026

A new study reveals that despite China's significant control over global rare earth mining and processing, its dominance has a critical weakness: the US and Japan hold the majority of core patents for advanced rare earth functional material technologies. This technological gap means China lags in higher-value applications, impacting its strategic advantage in the industry.

China's submarine missile test rattles Pacific; Australia, Japan protest

China's submarine missile test rattles Pacific; Australia, Japan protest

Rediff.com6 Jul 2026

China on Monday successfully test-fired a long-range strategic missile from one of its nuclear-powered submarines in the Pacific Ocean, drawing sharp reactions from Japan and Australia.

Pilot crashed plane into Beijing skyscraper for 'personal reasons'

Pilot crashed plane into Beijing skyscraper for 'personal reasons'

Rediff.com2 Jul 2026

Investigators have revealed that the pilot of a small plane that crashed into Beijing's tallest skyscraper, the CITIC Tower, suffered from long-term anxiety and had expressed suicidal thoughts in his diaries. The incident, which killed the pilot and injured 13 others, has raised significant security concerns in the highly sensitive Chinese capital, especially given strict airspace regulations.

Pilot In Beijing Skyscraper Crash Suffered From Anxiety, Investigators Reveal

Pilot In Beijing Skyscraper Crash Suffered From Anxiety, Investigators Reveal

Rediff.com2 Jul 2026

Investigators have revealed that the pilot of a small plane that crashed into Beijing's tallest skyscraper, the CITIC Tower, suffered from long-term anxiety and had expressed suicidal thoughts in his diaries. The incident, which killed the pilot and injured 13 others, has raised significant security concerns in the highly sensitive Chinese capital, especially given strict airspace regulations.

Former Shaolin Temple Abbot Jailed For Corruption: What It Means

Former Shaolin Temple Abbot Jailed For Corruption: What It Means

Rediff.com29 May 2026

Shi Yongxin, the former head priest of China's Shaolin Temple, has been sentenced to 24 years in prison on graft charges, including embezzlement and bribery.

83 dead in massive Hong Kong inferno, over 280 missing

83 dead in massive Hong Kong inferno, over 280 missing

Rediff.com27 Nov 2025

Firefighters battled for a second day on Thursday to contain a massive inferno that ripped through seven high-rise residential towers in Hong Kong, as the death toll climbed to 65 and over 280 people remained missing in what officials described as the city's worst disaster in 70 years.

Amid US blockade, China asks Iran to keep Hormuz Strait open

Amid US blockade, China asks Iran to keep Hormuz Strait open

Rediff.com16 Apr 2026

Chinese Foreign Minister Wang Yi has urged Iran to guarantee freedom and safe passage through the Strait of Hormuz, a critical waterway for global oil trade, amid ongoing tensions with the US.

Why China's new county near PoK raises security concerns

Why China's new county near PoK raises security concerns

Rediff.com12 Apr 2026

China has established a new county in Xinjiang province near Pakistan-occupied Kashmir (PoK) and the Afghanistan border, a move seen as strengthening security along the Wakhan Corridor and addressing concerns about Uyghur separatist militants.

For first time China confirms support to Pakistan during Operation Sindoor

For first time China confirms support to Pakistan during Operation Sindoor

Rediff.com8 May 2026

China has confirmed providing on-site technical support to Pakistan during last year's conflict with India, according to official media reports.

Trump to visit China this week amid global tension

Trump to visit China this week amid global tension

Rediff.com11 May 2026

US President Donald Trump will visit China from May 13 to 15 at the invitation of President Xi Jinping. The visit occurs amidst global tensions, including the war in West Asia and trade disputes between the US and China. Discussions are expected to cover China-US relations, world peace, and economic issues.

One operator, 200 drones: China showcases AI war tech

One operator, 200 drones: China showcases AI war tech

Rediff.com23 Jan 2026

The Chinese military claims significant progress in drone warfare, reporting that a single soldier can control a swarm of 200 drones using AI technology. Tests conducted by the PLA-affiliated National University of Defence Technology showcase the potential of AI-enabled drone swarm warfare.

Hyderabad Police Uncover Multi-Crore QNet Money Circulation Scam

Hyderabad Police Uncover Multi-Crore QNet Money Circulation Scam

Rediff.com23 Mar 2026

Hyderabad police have dismantled a multi-crore illegal money circulation racket allegedly promoted by QNet, arresting 32 individuals across Telangana, Andhra Pradesh, and Karnataka.

Chinese military urged to boost English skills for global role

Chinese military urged to boost English skills for global role

Rediff.com18 Feb 2026

The Chinese military is planning to revamp its English-language instruction in its academies to improve graduates' communication skills on the international stage, according to an article by senior lecturers from the People's Liberation Army (PLA).

Top Chinese defence scientist detained for corruption

Top Chinese defence scientist detained for corruption

Rediff.com23 Sep 2025

A leading Chinese scientist specializing in semiconductor chips for weapon systems has been detained by anti-corruption authorities, according to his company, Zhejiang Great Microwave Technology.

In Pix: The Stunning Flying Car From China!

In Pix: The Stunning Flying Car From China!

Rediff.com4 Nov 2025

A Chinese firm this week began trial production of flying cars stated to be the next-generation in the world of transportation, ahead of US firm Tesla and others plans to launch the same shortly.

Nirav Modi's Taiwan, Surat, Hong Kong and Dubai connections

Nirav Modi's Taiwan, Surat, Hong Kong and Dubai connections

Rediff.com20 Feb 2018

Documents accessed by Business Standard show owners of suspected Hong Kong-based shell companies are spread across the globe.

China punishes 9 military officials for graft, top general under probe

China punishes 9 military officials for graft, top general under probe

Rediff.com17 Oct 2025

China's second-ranked general, He Weidong, is under investigation for corruption, along with nine other senior military officers punished for discipline violations and work-related crimes. This crackdown comes ahead of a key Communist Party conclave.

China commissions 3rd aircraft carrier: Should India worry?

China commissions 3rd aircraft carrier: Should India worry?

Rediff.com7 Nov 2025

China has commissioned its third aircraft carrier, the Fujian, featuring advanced electromagnetic catapults, amidst rising tensions and military modernization efforts.

China's naval chief, top nuclear scientist expelled in purge

China's naval chief, top nuclear scientist expelled in purge

Rediff.com27 Jun 2025

Vice Admiral Li Hanjun, chief of staff of the People's Liberation Army Navy (PLAN), and Liu Shipeng, deputy chief engineer of China National Nuclear Corporation, have been expelled from the National People's Congress (NPC), the Hong Kong-based South China Morning Post reported.

Reliance sanction compliant; Russian oil benefit capped at 2.1pc of EBITDA

Reliance sanction compliant; Russian oil benefit capped at 2.1pc of EBITDA

Rediff.com5 Sep 2025

Reliance Industries Ltd has consistently remained compliant with international sanctions and is expected to adhere to upcoming measures on Russian oil, analysts said, estimating that oil sourced from Russia contributes just 2.1 per cent to its consolidated EBITDA. Reliance operates the world's largest single location refining complex, with more than half of the capacity exclusively dedicated for exports.

China launches amphibious assault ship that doubles as drone carrier

China launches amphibious assault ship that doubles as drone carrier

Rediff.com14 Jan 2025

The Chinese navy has launched an amphibious assault ship that will double up as a drone carrier, integrating the battleship with unmanned aerial vehicles (UAVs). The Type 076 amphibious assault ship will play a key role in boosting uncrewed combat capabilities, a navy commander has said. This marks the first official acknowledgement of the warship's widely speculated role as a drone carrier.

Biyani, Hong Kong billionaire to form JV

Biyani, Hong Kong billionaire to form JV

Rediff.com11 Mar 2013

To operate large wholesale markets and imports.

Chinese Prez Xi Jinping to skip BRICS Summit for first time in 12 yrs

Chinese Prez Xi Jinping to skip BRICS Summit for first time in 12 yrs

Rediff.com25 Jun 2025

Instead, Chinese Premier and Xi's confidant Li Qiang will take part in the summit to be held on July 6-7 in which Prime Minister Narendra Modi was expected to take part.

Hong Kong busts $1.8-bn money laundering syndicate with India links, 7 held

Hong Kong busts $1.8-bn money laundering syndicate with India links, 7 held

Rediff.com16 Feb 2024

The syndicate used "stooge" bank accounts and shell companies to transfer the largest amount linked to a single case recorded in the city, the Customs and Excise Department of Hong Kong said.

After Brahmaputra dam, China to build Xinjiang-Tibet rail link near LAC

After Brahmaputra dam, China to build Xinjiang-Tibet rail link near LAC

Rediff.com11 Aug 2025

China is set to build a rail link connecting Xinjiang province with Tibet, part of which will run near the Line of Actual Control (LAC) with India.

US Sanctions May Not Stop Russian Oil Flow To India

US Sanctions May Not Stop Russian Oil Flow To India

Rediff.com4 Nov 2025

Sanctioning Russian oil would have led to a sharp surge in oil prices to above $80 per barrel levels, which would impact pump prices in the US ahead of midterm elections next year.

Hong Kong's Planet Yoga plans India foray

Hong Kong's Planet Yoga plans India foray

Rediff.com29 Nov 2006

Close on the heels of mega corporates and other financial sector players heading for India, Hong Kong-based Planet Yoga has firmed up plans to set up shop in the country.

2 killed, 21 injured in knife attack at hospital in China

2 killed, 21 injured in knife attack at hospital in China

Rediff.com7 May 2024

"Multiple videos from the scene also show a suspect being apprehended by police in a [nearby] wellness centre," CNN reported.

China showcases latest arms in parade, a veiled warning to US?

China showcases latest arms in parade, a veiled warning to US?

Rediff.com3 Sep 2025

China displayed a range of new weapons at a military parade, including laser weapons, nuclear ballistic missiles, giant underwater drones, and fifth-generation aircraft.

ALERT! New coronavirus found in China's Wuhan

ALERT! New coronavirus found in China's Wuhan

Rediff.com22 Feb 2025

A Chinese team of virologists has discovered a new bat coronavirus that can infect human cells, raising concerns about potential animal-to-human transmission. The virus, a new lineage of the HKU5 coronavirus, uses the same human receptor as the virus that causes COVID-19. The study, led by Shi Zhengli, a prominent virologist at the Wuhan Institute of Virology, was published in the journal Cell. The discovery comes amid ongoing scrutiny of the Wuhan lab, which was previously accused of being the source of the COVID-19 pandemic. The Chinese government has denied any involvement in the virus's origin and insists that the Wuhan lab never engaged in gain-of-function studies on coronaviruses.

Two killed, 92 hurt as super Typhoon Yagi wreaks havoc in China

Two killed, 92 hurt as super Typhoon Yagi wreaks havoc in China

Rediff.com7 Sep 2024

Yagi, the 11th typhoon of this year, made two landfalls in China on Friday, first striking Hainan and later Guangdong province.