Le Journal

Hong Kong’s unemployment rate held steady at 3.8 per cent over the past three months, with authorities expecting that stronger economic growth and stable local consumption will continue to support the labour market. Preliminary data released by the Census and Statistics Department on Tuesday showed that movements in the unemployment rate in different industry sectors varied for the October to December period, but the magnitudes were generally small. The underemployment rate rose slightly by 0.1...

The largest wealth transfer in history will accelerate the tilt of economic influence to the East as investment priorities change and women – who are set to inherit a growing share of assets – gain financial clout. The implications will ripple across geopolitics, financial markets and fiscal policies. Financial research firm Cerulli predicts that globally, an estimated US$124 trillion is expected to change hands by 2048. The 2023 Hurun Wealth Report estimated that heirs in China will receive...

Taylor Sheridan’s Landman – starring Billy Bob Thornton, Demi Moore and Jon Hamm – wrapped its second season on Sunday with an eventful finale that already has fans anticipating the show’s return. The gritty drama is set in West Texas and follows Thornton’s character Tommy Norris, a “landman” (energy-industry professional) navigating the oil industry. As season two ends, Tommy moves to launch his own oil company with the help of his closest allies and his lawyer Nate (Colm Feore) – known to...

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