Hong Kong's embattled leader
Carrie Lam will focus on land and housing initiatives in her
annual Policy Address on Wednesday, seeking to restore
confidence in the city's future amid four months of sometimes
violent anti-government protests.
The Hong Kong Monetary
Authority (HKMA) has cut the amount of cash that banks must keep
as reserves, releasing an extra HK$200-300 billion ($25.50-38.24
billion) into the broader economy which has been hit by
months-long protests and the Sino-U.S. trade war.
Groups vying for the idled
Philadelphia Energy Solutions oil refinery have entered the
second phase of the bidding process and are gearing up for
visits to the plant, according to three sources familiar with