Medical workers in protective suits walk near the residential area at Jordan, after the expand of mandatory coronavirus disease (Covid-19) testing, in Hong Kong, China.(Reuters)
Medical workers in protective suits walk near the residential area at Jordan, after the expand of mandatory coronavirus disease (Covid-19) testing, in Hong Kong, China.(Reuters)

Hong Kong unemployment rises to highest level since 2004

Local businesses are struggling under strict social distancing measures and a lack of tourism. Restrictions on group gatherings, early restaurant closures and shuttered bars have curbed consumer spending in the city state.
Bloomberg
PUBLISHED ON JAN 19, 2021 07:12 PM IST

Hong Kong’s unemployment rate rose in December to the highest level in 16 years as the city struggled under stiff social distancing measures to control a persistent rise in Covid-19 cases.

The jobless rate jumped to 6.6% in the October-to-December period, up from 6.3% previously, returning to levels not seen since December 2004, according to a government report Tuesday.

The reading is worse than the 6.4% median forecast in a Bloomberg survey of economists. The underemployment rate remained at 3.4%.

Local businesses are struggling under strict social distancing measures and a lack of tourism. Restrictions on group gatherings, early restaurant closures and shuttered bars have curbed consumer spending in the city state.

The economy will likely continue to struggle through the first half of the year before a recovery emerges in the second half, depending on the global rollout of vaccines, Financial Secretary Paul Chan said at the Asian Financial Forum earlier Tuesday.

“The Lunar New Year is usually a time when businesses such as retail and restaurants are the most prosperous and highest earning, but currently they are being severely affected by the epidemic,” Chan wrote on his blog Sunday.


SHARE THIS ARTICLE ON
Close
This image from video provided by Smithsonian's National Museum of American History shows Dr. Anthony Fauci holding his personal 3D model of the Covid-19 virus. (AP Photo )
This image from video provided by Smithsonian's National Museum of American History shows Dr. Anthony Fauci holding his personal 3D model of the Covid-19 virus. (AP Photo )

Anthony Fauci presents his personal 3D model of Covid-19 virus to Smithsonian

AP, Washington
PUBLISHED ON MAR 03, 2021 04:31 PM IST
Fauci showed off his new medal in a video call Tuesday night, calling it “an extraordinary and humbling” honor.
Close
Texas Governor Greg Abbott announced on Tuesday that he is rescinding executive orders that limit capacities for businesses and the state wide mask mandate.(AP Photo)
Texas Governor Greg Abbott announced on Tuesday that he is rescinding executive orders that limit capacities for businesses and the state wide mask mandate.(AP Photo)

Mask mandate implementation was patchy in Texas, now locals concerned

By hindustantimes.com | Edited by Amit Chaturvedi
PUBLISHED ON MAR 03, 2021 04:30 PM IST
The enforcement of the mask mandate was patchy, and some sheriffs refused to police the restrictions at all.
Close
Mayor of London Sadiq Khan (File Photo/Reuters)
Mayor of London Sadiq Khan (File Photo/Reuters)

London mayor Sadiq Khan tightens emission rules, buses stare at heavy fines

PTI
PUBLISHED ON MAR 03, 2021 04:28 PM IST
With the tightening of the city-wide Low Emission Zone (LEZ) rules, heavy goods vehicles (HGVs), buses and coaches that fail to meet emissions standards will be hit with a daily charge of up to 300 pounds.
Close
A poster of Pope Francis is seen ahead of his upcoming visit to Iraq, in Baghdad.(REUTERS)
A poster of Pope Francis is seen ahead of his upcoming visit to Iraq, in Baghdad.(REUTERS)

Pope Francis says he must go to Iraq because people cannot be let down

Posted by Kunal Gaurav | Reuters, Vatican City
PUBLISHED ON MAR 03, 2021 04:20 PM IST
Pope Francis, who is due to start the risky trip in Baghdad on Friday, asked for prayers so that the visit "can take place in the best possible way."
Close
Elephants, if blocked by farms like KiliAvo's or others, would seek alternative routes: "This would ... result in massive human-wildlife conflicts." REUTERS/Thomas Mukoya(REUTERS)
Elephants, if blocked by farms like KiliAvo's or others, would seek alternative routes: "This would ... result in massive human-wildlife conflicts." REUTERS/Thomas Mukoya(REUTERS)

Avocados threaten to usher in 'massive human-wildlife conflicts' in Kenya

Reuters, Kimana
PUBLISHED ON MAR 03, 2021 04:05 PM IST
  • free movement of some 2,000 Amboseli elephants, along with two dozen other wildlife species plus cows owned by local Maasai people, may be under threat - from avocados.
Close
The Foreign Correspondents' Club of China (FCCC) said in a report that one out of six correspondents reported being forced to live and work in China on a series of short visas of between one and three months.(AFP)
The Foreign Correspondents' Club of China (FCCC) said in a report that one out of six correspondents reported being forced to live and work in China on a series of short visas of between one and three months.(AFP)

China using Covid-19 pandemic to increase restrictions for foreign journalists

ANI, Beijing
PUBLISHED ON MAR 03, 2021 03:59 PM IST
The pandemic allowed China an opportunity to create more restrictions for foreign press in the name of public health.
Close
File photo of SpaceX founder Elon Musk.(Mint)
File photo of SpaceX founder Elon Musk.(Mint)

Elon Musk plans to create new city named Starbase at SpaceX's Texas launch site

By hindustantimes.com | Edited by Amit Chaturvedi
PUBLISHED ON MAR 03, 2021 03:55 PM IST
Some people in Texas say the move is part of Musk's plan to change the name of Boca Chica, the area near the Mexican border where SpaceX’s new Starship prototypes dominate the seaside skyline.
Close
Indian federal officials have denied that any cyberattack has occurred, but say malware was found.(Getty Images/iStockphoto)
Indian federal officials have denied that any cyberattack has occurred, but say malware was found.(Getty Images/iStockphoto)

Chinese hackers still actively targeting Indian port in shadow war, says US firm

Posted by Kunal Gaurav | Bloomberg
PUBLISHED ON MAR 03, 2021 03:54 PM IST
The intrusions into India’s critical infrastructure have been occurring since at least the middle of last year, according to Recorded Future, a privately held cybersecurity firm.
Close
Pope Francis also appealed to the international community "to see to it that the hopes of the people of Myanmar are not suffocated by violence".(REUTERS)
Pope Francis also appealed to the international community "to see to it that the hopes of the people of Myanmar are not suffocated by violence".(REUTERS)

Pope Francis appeals to Myanmar military to release political prisoners

Reuters, Vatican City
PUBLISHED ON MAR 03, 2021 03:41 PM IST
  • Pope Francis, speaking at the end of his general audience, appealed directly to Myanmar's military authorities "so that dialogue prevails over repression and harmony over discord".
Close
The Tokyo Olympic Games were postponed last year because of the pandemic and rescheduled to take place this year from July 23.(Reuters file photo)
The Tokyo Olympic Games were postponed last year because of the pandemic and rescheduled to take place this year from July 23.(Reuters file photo)

Japan plans to ban Olympic spectators from abroad over Covid-19 fears: Report

Reuters, Tokyo
PUBLISHED ON MAR 03, 2021 03:26 PM IST
The question of whether to allow spectators into venues was top of the agenda and organisers have previously said they would make a decision by March.
Close
Police officers speak with a pedestrian as they close off a street after an explosion occurred near a Covid-19 test centre, shattering windows but causing no apparent injuries, in Bovenkarspel, the Netherlands.(AFP)
Police officers speak with a pedestrian as they close off a street after an explosion occurred near a Covid-19 test centre, shattering windows but causing no apparent injuries, in Bovenkarspel, the Netherlands.(AFP)

Blast at Dutch virus testing center; no one hurt

AP
PUBLISHED ON MAR 03, 2021 03:25 PM IST
  • Police have taped off the area about 60 kilometers (40 miles) north of Amsterdam and are investigating the cause of the blast.
Close
Such mystery flights were popular in the 1990s when passengers would arrive at the airport without knowing the destination.(AP)
Such mystery flights were popular in the 1990s when passengers would arrive at the airport without knowing the destination.(AP)

Qantas launches 'mystery flights' to boost tourism amid Covid-19 restrictions

By hindustantimes.com | Edited by Kunal Gaurav, New Delhi
PUBLISHED ON MAR 03, 2021 03:22 PM IST
  • The aviation sector has been hit hard due to the travel restrictions imposed by governments around the world to contain Covid-19.
Close
French Foreign Affairs minister Jean Yves Le Drian (L) talks with Dutch Foreign minister Stef Blok (R) during a Foreign Affairs meeting at the EU headquarters in Brussels in this file picture. ( AFP)
French Foreign Affairs minister Jean Yves Le Drian (L) talks with Dutch Foreign minister Stef Blok (R) during a Foreign Affairs meeting at the EU headquarters in Brussels in this file picture. ( AFP)

France says Turkey sounds 'reassuring', has stopped its 'insults'

Reuters, Paris
PUBLISHED ON MAR 03, 2021 03:14 PM IST
He said that the removal of Turkish research vessels from Cypriot waters in the eastern Mediterranean and Ankara showing a desire to resume talks with Greece over a long-standing maritime dispute were positive signs.
Close
Siriporn Niamrin with the whale vomit.(Image via Twitter)
Siriporn Niamrin with the whale vomit.(Image via Twitter)

Lucky haul: Thai woman finds lump of whale vomit, worth over $250,000

By hindustantimes.com | Edited by Mallika Soni
UPDATED ON MAR 03, 2021 04:15 PM IST
  • When Niamrin inspected the mass, she found that it smelled like fish. Unaware of what the mass was, she brought it back home with her. The mass could be worth over $250,000
Close
Biden's twin announcements quickly raised expectations for when the nation could safely emerge from the pandemic with the promise of additional vaccines, but it highlighted the looming challenge facing the nation: successfully putting those doses into arms.(REUTERS)
Biden's twin announcements quickly raised expectations for when the nation could safely emerge from the pandemic with the promise of additional vaccines, but it highlighted the looming challenge facing the nation: successfully putting those doses into arms.(REUTERS)

US president Biden vows enough Covid-19 vaccines for all US adults by May-end

PTI, Washington
UPDATED ON MAR 03, 2021 03:28 PM IST
With the bolstered supply, Biden also announced he would be using the powers of the federal government to direct all states to prioritize vaccinating teachers, and said the federal government would provide the doses directly through its pharmacy program.
Close
SHARE
Story Saved
OPEN APP