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Hong Kong's Leader Issues Rare Apology

Video Credit: Wochit News - Duration: 00:44s - Published
Hong Kong's Leader Issues Rare Apology

Hong Kong's Leader Issues Rare Apology

CNN reports Hong Kong's leader has issued a rare public apology in the wake of repeated record-breaking protests that called for the withdrawal of a controversial extradition bill with China.

Two days after protest organizers estimated 2 million people took to the streets to demand the bill be fully withdrawn and that she step down, Chief Executive Carrie Lam said she wanted to offer the city her "most sincere apology.

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SUNDAY, JUNE 16, 2019, FILE PHOTO




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Carrie Lam Carrie Lam Chief Executive of Hong Kong

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Hong Kong Hong Kong Special administrative region of China

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For many who were critical of the Chinese government, Hong Kong was a convenient place to be. But according to CNN, that bolthole is quickly closing, as China says that they can now be arrested there, even if only transferring through the airport. First under British colonial rule and then after its handover to China, Hong Kong has offered legal protection from the mainland Communist Party for decades.

Credit: Wochit News    Duration: 00:34Published
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Equity benchmark indices continued their upward momentum on Friday but the gains in IT and realty sectors were capped by PSU banks. At the closing bell, the BSE SandP Sensex was up by 178 points or 0.5 per cent at 36,021 while the Nifty 50 edged higher by 56 points or 0.53 per cent at 10,607. Sectoral indices at the National Stock Exchange were mixed with Nifty IT and realty gaining by 1 per cent each but PSU bank down by 0.9 per cent. Among stocks, Eicher Motors was up by 4.18 per cent at Rs 19,121 per share while Hero MotoCorp accelerated by 2.6 per cent, Bajaj Auto by 1.9 per cent and Tata Motors by 1.8 per cent. Adani Ports closed 4.1 per cent higher at Rs 361 per share. Tata Consultancy Services gained by 1.7 per cent while Bharti Airtel and Bharti Infratel were up by 4 per cent and 1.8 per cent respectively. Reliance Industries edged higher by 1.53 per cent to Rs 1,785.50 per share after Intel Corp said it will invest Rs 1,894 crore in Jio Platforms in exchange for a 0.39 per cent stake, the latest big-ticket investment in its digital unit. But metal stocks fell with JSW Steel and Tata Steel down by 1.7 per cent each and Hindalco by 1 per cent. IndusInd Bank, HDFC Bank, Bajaj Finance and Bajaj Finserv too traded with a negative bias. Meanwhile, Asian shares rallied to a four-month high on robust US payrolls data and a brisk pickup in Chinese service sector activity. Shanghai Composite closed 2.01 per cent higher. Japan's Nikkei rose by 0.72 per cent while Hong Kong's Hang Seng was up by 0.99 per cent.

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Credit: Reuters Studio    Duration: 02:05Published

Hong Kong man who drove motorbike into police becomes first person charged under new security law

Police have laid the first charge under the new security laws which have been condemned for stifling freedom of speech.
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