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World

Cross-border yacht scheme to shore up tourist spending

Secretary for Transport and Logistics Mable Chan on Saturday said a newly launched scheme that eases cross-border yacht visits would usher in a new wave of tourist consumption.

  • Hong Kong introduces cross-border yacht scheme to boost tourism.
  • First batch of five mainland vessels stays 3-4 days in Hong Kong.
  • 32 yacht accounts created; lottery for ride-hailing permits if limit exceeded.

World

Customs 'using new tech to smoothen Huanggang flow'

Advanced technologies and additional manpower have been deployed at Huanggang Port to ensure smooth border crossings, Commissioner of Customs and Excise Chan Tsz-tat said on Saturday.

  • Customs uses advanced tech and extra staff at Huanggang Port
  • Staff from other points, temp workers, and retirees aid operation
  • 600M illicit cigarettes seized in Q3, mostly transhipped

World

Trump lifts some Canada tariffs ahead of midterms

With an incumbent Maine US senator from his own party locked in a tight reelection battle, US President Donald Trump signed an order on Friday to remove 50 percent tariffs on some Canadian…

  • Trump lifts some Canada tariffs ahead of November 3 midterm elections
  • Tariffs on plywood, paper products, machinery reduced to 50%, effective October 30
  • Democrat Susan Collins urged Trump to address Maine's tariff issues

Finance & Markets

US stocks finish down; all eyes on Fed, oil prices

US markets closed lower on Friday, with investors concerned by rising oil prices, and also looking ahead to a Federal Reserve interest rate policy meeting.

  • US stocks closed down on Friday amid rising oil prices and Fed meeting anticipation
  • Nasdaq Composite fell 0.21%, Nasdaq down 53.52 points to 25,955.34
  • Fed meeting in December watched closely for potential rate hike decision

World

Fencer Tong named flagbearer for Para Games closing

Para fencer Tong Nga-ting has been named Hong Kong, China’s flagbearer at the closing ceremony of the Asian Para Games on Saturday, the China Hong Kong Paralympic Committee announced. Writing on social media, the committee noted that Tong has been outstanding at the Games this year, capturing three medals.

Health & Medicine

Health Bureau announces launch of patient pairing plan

The Health Bureau on Friday announced the launch of patient pairing arrangements under the Community Pharmacy Programme and the annual adjustment of consultation co-payment fees under the Primary…

  • Health Bureau launches patient pairing plan for drug management
  • Community Pharmacy Programme expands to all 18 districts by Q4 next year
  • Consultation co-payment fees adjust 3.7% in November

AI

Unitree developing AI system to let humanoid robots improve themselves

Unitree Robotics is developing a “self-evolving” feedback loop designed to allow humanoid robots to write code, run simulations and improve their real-world performance independently, founder Wang Xingxing said, in a move that mirrors a broader push towards “self-improving” artificial intelligence.

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