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Oct 23, 2026

Apec finance chiefs' meet 'perfect prelude to summit'

Secretary for Financial Services and the Treasury Christopher Hui said on Friday the Apec finance ministers' meeting that concluded in Hong Kong on Wednesday was the "perfect prelude" to the leaders' summit in Shenzhen next month. He told RTHK's Backchat programme that Hong Kong and Shenzhen have plenty of room to work together – making it a great opportunity to showcase both China's stabilising role and Hong Kong's part in driving regional cooperation. "Even though this is really a China Apec year this year, but at the same time, Hong Kong plays a critical role as an accelerator of regionalisation," Hui said. He pointed out the foreign ministers' meeting was the last in a series of ministerial meetings before the leaders' summit and that a joint statement had been reached among delegates – a breakthrough in an increasingly divided geopolitical landscape. "So, it's indeed a very good occasion for us to showcase not just the China voice as a stabiliser but also Hong Kong's element as an accelerator of regionalisation in this increasingly divided world," Hui said. "Hong Kong, being part of Asia and at the same time a financial centre of Asia, needs to have a stable Asia." Delegates, Hui said, agreed to work more closely on fiscal and monetary policy coordination, digital infrastructure, green finance and talent cultivation. He also highlighted the need for inclusive policies to address income and wealth distribution risks arising from artificial intelligence and geopolitics. There is a "wide consensus" that AI is a double-edged sword, Hui pointed out, in its presenting opportunities alongside risks including cyber threats. He said Hong Kong has practical experiences to share, as many financial institutions in the city are already adopting AI across their value chains. "Hong Kong has a lot to share and offer in terms of how we do that and also find a fine line between regulation and also AI application," Hui said, adding the city has developed its own ecosystem for AI deployment in financial infrastructure. On gold trading, he said the subject came up in his bilateral meeting with Brunei's finance minister. Hong Kong, Hui stressed, aims to serve as an Asia hub linking international gold standards with regional liquidity. "Gold, as it is, is a global product, yet at the same time there is ever-stronger demand for such precious metals here in the region," he said. Reflecting on the organisation of the event, Hui credited his colleagues across government for their hard work, saying the effort had paid off. "I heard that some of the delegates are going to get married here in Hong Kong because they see Hong Kong as a very decent place, and they're going to spend their honeymoon here," he said, adding that the city's "charisma" had helped deliver a pleasing result for the country and the world. Edited by Aaron Tam


Landmark 'what is a woman' ruling means Australian employers cannot exclude transgender women from female-only recruitment drives
Oct 23, 2026

Landmark 'what is a woman' ruling means Australian employers cannot exclude transgender women from female-only recruitment drives

A landmark discrimination ruling has major implications for Australian employers, with an expert warning transgender women cannot be excluded from female-only recruitment drives


Anti-abortion campaigner Joanna Howe sues employer over free speech after claiming more than 200 complaints: 'On the brink'
Oct 23, 2026

Anti-abortion campaigner Joanna Howe sues employer over free speech after claiming more than 200 complaints: 'On the brink'

Dr Joanna Howe claimed her academic career is 'on the brink' and that she is suing her employer.


What do the protests in France look like from China? Internet users weigh in
Oct 23, 2026

What do the protests in France look like from China? Internet users weigh in

Internet users in China are watching the protests in France with a mix of geopolitical cynicism, domestic pride and sadness at the damage to French landmarks. The protests started in September, when students and teachers in southeastern Paris rallied against deteriorating school conditions. Those specific grievances quickly escalated into nationwide protests at the rising cost of living and declining public services. What began as peaceful marches has since dissolved into violence, with rioters...


Self-driving Tesla struck and killed man, 71, who was trying to cross California freeway
Oct 23, 2026

Self-driving Tesla struck and killed man, 71, who was trying to cross California freeway

The vehicle hit the elderly pedestrian at 70 mph while the 26-year-old driver claimed the car was in Full Self-Driving mode.


After MCMC's RM25k fine over 'fake news', Amanah Youth leader given DNAA
Oct 23, 2026

After MCMC's RM25k fine over 'fake news', Amanah Youth leader given DNAA

Regulator decides to drop charge against Aqili.


Twisted manosphere influencer Andrew Tate is 'very sick' in prison and needs medical help, his lawyer pleads: 'Pray for him'
Oct 23, 2026

Twisted manosphere influencer Andrew Tate is 'very sick' in prison and needs medical help, his lawyer pleads: 'Pray for him'

Andrew Tate, 39, is reportedly 'very sick' inside a notorious Miami federal prison, with his lawyer claiming repeated requests for medical treatment have been ignored.


Bleijie’s dig at Trump as he announces replacement for leaky lagoon
Oct 23, 2026

Bleijie’s dig at Trump as he announces replacement for leaky lagoon

The Deputy Premier has taken a swipe at US President Donald Trump while announcing an overhaul of the South Bank Parklands that will include a new lagoon.


Trump teases 2028 ambitions as he tells Iowa rally crowd he 'has the right' to run for a third term
Oct 23, 2026

Trump teases 2028 ambitions as he tells Iowa rally crowd he 'has the right' to run for a third term

President Donald Trump once again teased that he wanted to run for a third term, telling his Iowa rally crowd Thursday night that he 'has the right' to do it.


‘Still operating’: Calls for action over Perth builder linked to $6m trail of destruction
Oct 23, 2026

‘Still operating’: Calls for action over Perth builder linked to $6m trail of destruction

James Sinclair Thomson was the subject of a consumer warning after it was alleged he owed clients collectively around $6 million. Three months on, he is still operating his house relocation business.



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