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Shared working space not enough Listen
A member of the Hong Kong Arts Development Council Adrian Chow says the 90,000 square feet of shared working space that will be made available to young entrepreneurs, artists and musicians is inadequate. The government-led scheme aims to nurture the city's creative industries. Chow says the introduction of the scheme is a move in the right direction. But he tells Annemarie Evans that there are a lot of uncertainties with it.
Australian court's ruling an embarrassment for the government Listen
Australia's High Court has ruled that the Deputy Prime Minister Barnaby Joyce cannot remain in office because he held dual citizenship with New Zealand in violation of the constitution. The verdict has cost the Australian government its one-seat majority in parliament. A by-election will be held in December. The opposition Labor party argues that all the decisions Joyce took as a minister will have to be reviewed. But the Prime Minister Malcolm Turnbull insisted that the work of the government would continue, thanks to an offer of support on key issues from an independent MP. RTHK’s Australia correspondent Gerry Gannon told Annemarie Evans that the court’s ruling is an embarrassment for the government.
Stock exchange's trading hall closes Listen
The lights have gone out and screens have gone dark in the iconic trading hall of the Hong Kong stock exchange, marking the end of an era for the red-carpeted space that was home to more than a thousand floor traders in its heydays. Earlier, the stock exchange decided to shut down the 31-year-old hall as most of the transactions are now settled electronically. The hall will be turned into a financial services landmark for ceremonies, exhibitions, conferences and investor education. It is expected to re-open in February. Veteran trader Francis Lun from GEO Securities says the closure of the hall marks the end of the chapter where trading was done manually. He tells Jim Gould that it also marks the dawning of what he calls “a brave new world”.