Schools Closed Due To Red Rainstorm Warning
"); jQuery("#212 h3").html("

"); });
2022-05-13 HKT 04:35
As the Red Rainstorm Warning Signal is now in force, classes of all AM schools and whole-day schools are suspended today.
Schools should implement contingency plans and arrange staff to look after students who might arrive and ensure that conditions are safe before allowing students to return home.
The Red Rainstorm Warning Signal was issued by the Hong Kong Observatory on Friday morning at 4:25 am.
This means that heavy rain has fallen or is expected to fall generally over Hong Kong, exceeding 50 millimetres in an hour, and is likely to continue.
Further heavy rain could cause, if not already caused, serious road flooding and traffic congestion.
People who have to travel should carefully consider the weather and road conditions and take the necessary precautions.
Heavy rain will bring flash floods, and flooding is occurring or is expected to occur in watercourses.
People should stay away from watercourses.
Residents living in close proximity to rivers should stay alert to weather conditions and should consider evacuation if their homes may become flooded.
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
