Suspected Parking Meter Vandal Was Emotional: Police
"); jQuery("#212 h3").html("

"); });
2021-07-18 HKT 16:28
Police on Sunday arrested a 45-year-old man over an incident in Tsim Sha Tsui, in which he allegedly ripped a parking meter from the metal pole it sits atop before dumping it into a nearby alleyway.
Officers said the man had been drinking, and had become emotional after an argument with a female friend. He allegedly took out his frustration on the parking meter on Kimberley Street, shaking and pulling it until it was dislodged.
He then hurled the meter to the ground, before disposing of it nearby, officers said.
Police inspector, Chan Ho-ting, said officers launched an investigation after receiving a report on Saturday that the parking meter was missing.
She said their investigations led them to the man, who is a janitor, and he was arrested on suspicion of criminal damage.
Chan said the man is well-built and has the strength to damage a parking meter with his bare hands, but she said police believed the alleged actions were not premeditated.
Police said the meter is worth HK$10,000.
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