

Hong Kong Today
Description:
RTHK's morning news programme. Weekdays 6:30 - 8:00
Presenter:
Janice Wong and Samantha Butler2022-10-18
Tuesday
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Selected audio segments:
FS hails HK's comeback from "bumpy ride"
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Hong Kong is reinforcing its status as a premier international financial hub despite a recent "bumpy ride". That came from the Financial Secretary, Paul Chan, in an address to international investors, during which he promised more measures in Wednesday's Policy Address to strengthen the SAR's comeback from Covid. It comes as Hong Kong recorded 5,361 new Covid cases, 407 of them imported. Ada Au reports:
Healthy rivalry for talent between HK, Singapore
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The president of the Hong Kong-Singapore Business Association says he hopes the city can soon scrap its Covid restrictions for arrivals, although he hailed the three days of medical surveillance as "convenient". Philip Chan is visiting the SAR for the first time since November 2020. He said Hong Kong should launch more incentives to attract talent and companies. But he dismissed suggestions of that other cities could replace Hong Kong, saying that geographically, the city was the main gateway to the mainland. He spoke to Samantha Butler:
'Improve housing, education, salary to draw talent'
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Economist Andy Kwan says the government needs to improve conditions over housing, education and salary in order to attract talent and businesses to Hong Kong. He said Hong Kong's economy was going downhill, so authorities had to be able to show positive future prospects. Kwan, the chair of the ACE Centre for Business and Economic Research, was speaking to Damon Pang about what he wanted to see in the Chief Executive John Lee's maiden policy address:
Cathay's flight schedule takes-off
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Cathay Pacific has announced a major ramping up of its flight schedule and hopes to provide services to 58 destinations by the end of the year. This comes as passenger figures and demand improve following the lifting of mandatory hotel quarantine. But its freight services have been hit by weak demand and the drop off in manufacturing on the mainland, as Mike Weeks reports:
Consumers warned of acidic toothpaste
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The Consumer Council has warned parents to be careful when choosing toothpaste for their children, after it found some products on sale in Hong Kong were too acidic. The watchdog also urged people to cut down on seaweed consumption, saying eating too much could cause thyroid problems. Kelly Yu reports:
Bus passengers injured by falling tree
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Seven bus passengers suffered minor injuries on Monday night when branches from a tree hit their vehicle on Peak Road. Violet Wong reports:
Promise of opportunities, at Congress briefing
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Mainland officials promise more opportunities than challenges for the nation's economy going forward. The comments came at the first press conference for the Communist Party's 20th National Congress, and a day after President Xi Jinping said China was pursuing high-quality economic development in his opening speech. Maggie Ho reports:
China's banks vow to support economy
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China's six largest state-owned banks have vowed to enhance support for the slowing economy, in response to President Xi's call for high-quality economic growth at the opening of the 20th party congress. One of them, the Industrial and Commercial Bank of China - the world's largest bank by total assets - said it would further increase credit support. Priscilla Ng reports:
Shares in South Korea's largest chat app plunge
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Shares of South Korea's Kakao Corp have fallen about 10 percent after a widespread outage in the country's largest chat app triggered a political backlash and raised questions about the company's market dominance. Altis Wong reports.
Truss apologises for mistakes
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The British prime minister, Liz Truss, says she accepts responsibility for mistakes in the government's financial strategy. She was speaking after her new finance minister - Jeremy Hunt - announced what has been described as the biggest ever U-turn in British economic policy. In an interview, Ms Truss apologised for "going too far too fast" with reforms that triggered economic turmoil, but vowed to remain leader despite a series of humiliating climbdowns:
Markets rally after Hunt tears up Trussonomics
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Markets reacted positively to Hunt's statement, with the value of the pound rising and the cost of government borrowing dropping. European shares, bonds and major currencies also appeared to rally on the announcement. Kenny Hodgart reports: