Observatory Issues Strong Wind Signal No 3
"); jQuery("#212 h3").html("

"); });
2021-10-08 HKT 04:41
The Observatory says it expects the Strong Wind Signal No 3 to remain in force on Friday, though the chance of a higher signal remains low – unless Tropical Cyclone Lionrock strengthens significantly or tracks closer to Hong Kong.
The storm is currently situated to the south-east of Hainan Island and is forecast to edge towards the coast of Guangdong and strengthen during the day.
Kindergarten classes, and classes at schools for children with physical or intellectual disability, are suspended.
The Marine Department has warned boat owners to take precautionary measures.
The Observatory issued the No 3 signal at 4.40am. In a statement, it said it was expecting winds with mean speeds of 41 to 62 kilometres per hour.
Just before 5am, the maximum sustained winds recorded at Ngong Ping, Waglan Island and Tate's Cairn were 78, 69 and 56 kilometres per hour with maximum gusts 105, 75 and 75 kilometres per hour respectively.
SBI Holdings To Acquire Bitbank In US$289M Crypto Expansion
SBI Holdings has agreed to acquire Japanese crypto exchange Bitbank in a deal valued at approximately US$289 million, w... Read more
4 Ways Hong Kong Banks Fight Financial Crime Using AI, According To HKMA
The Hong Kong Monetary Authority (HKMA) wants banks to use AI in financial crime as a way to counter cyberattacks and s... Read more
Ripple Launches RLUSD Stablecoin In Japan Through SBI Group
Ripple has launched its US dollar-denominated stablecoin, Ripple USD, in the Japanese market. The expansion follows reg... Read more
SBI And Startale Launch Trust Bank-Backed Yen Stablecoin JPYSC In Japan
SBI Group has introduced its trust based stablecoin JPYSC in partnership with Singapore-based fintech company Startale ... Read more
Visa Study: Digital Wallets Lead Greater Bay Area Payment Preferences
Visa has released its latest Consumer Payment Attitudes Study, highlighting how payment seamlessness is linked to a shi... Read more
European And South Korean Banks Form Project Pangea For FX Settlement
Chainlink, South Korean infrastructure provider FairSquareLab, the Unified Korea Alliance (UniKA), and European stablec... Read more
