Category: News

Sun Hung Kai, Kwok family sell 30 per cent stake in office space at Hong Kong’s most expensive commercial site to Ping An Life for US$1.45 billion

Sun Hung Kai Properties (SHKP) and its controlling shareholder, the Kwok family, are to sell 30 per cent of the office portion of Hong Kong’s most expensive commercial project.

Ping An Life Insurance will buy the space on top of the West Kowloon high-speed rail station for HK$11.27 billion (US$1.45 billion), SHKP said in a statement on Wednesday evening.

SHKP won the biggest parcel of commercial land ever sold in the city for a record HK$42.23 billion (US$5.4 billion) in November last year.

“Local property firms are unlikely to increase their [borrowing for expansion] in these market conditions, but mainland

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DeFi and Traditional Finance Are Forming an Unlikely Friendship

Decentralized finance (DeFi) and traditional finance are perhaps not as oil-and-water as most think.

There are few topics as controversial in the crypto sector as decentralized finance. Many believe it is the future of finance – removing middlemen will lower costs, unleash efficiencies and create a more transparent, resilient and better-distributed framework. Others (myself included) find the idea terrifying – a financial system without oversight or an off switch is even more vulnerable to manipulation and error than one that is legally accountable to the user and can be fixed when things go wrong. If a DeFi platform can be

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Not That Many Americans Can Actually Work From Home During The Coronavirus Outbreak

Fewer than 1 in 3 American workers can telework. (Photo: JaruekChairak via Getty Images)
Fewer than 1 in 3 American workers can telework. (Photo: JaruekChairak via Getty Images)

As the coronavirus outbreak spreads, more and more companies are urging their employees to work from home to help limit transmission. But that isn’t an option for many Americans.

Employees who can telework tend to be concentrated in higher-paying positions that require more education ― i.e., white-collar office jobs. In recent years, workers with advanced degrees were more likely than anyone to spend some time working from home. Those with high school degrees or less were the least likely, according to the Bureau of Labor Statistics.

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Fresh Milk Machine

So how many of you has already made a healthy chart routine consisting a diet which would lead you to detoxification in this season? A lot of you, yes, but here’s a twist, this season of relaxation and lock down won’t last long and along with that you are very certainly going to get back to your toxic habits of consuming junk food, highly caffeinated drinks, oily and spicy foods and all of that, and all of the efforts that you’re making now with all these nourishment, would surely go in vain. How about we give you a little solution … Read more