The Fed's cautionary words about rates mark a softening from its previous meeting, when it appeared to leave open the prospect of further increases soon. With pressures on the US economy rising — a global slowdown, a trade war with China, a nervous stock market — the Fed under Chairman Jerome Powell has been signaling that it's in no hurry to resume raising rates after having done so four times in 2018. And with inflation remaining tame, the rationale to tighten credit has become less compelling.
The HKSAR government will roll out more measures to help the industry in the future, Yau added.
The Fed moved quickly to get ahead of the bad news, slashing the benchmark lending rate to zero by the middle of last month following two emergency meetings.
The Haiyang nuclear energy heating project is expected to provide heating to all of Haiyang by 2021.
The German premium carmaker made the announcement at the global premiere of the SUV last week.
The Hong Kong resident, who is busy rehearsing for two recitals he and his teacher will give in front of thousands of people at media events in the city, has overcome a huge physical disability to play with one hand. However, he is convinced that he would never have taken up the instrument if he had remained able-bodied.
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The French president called on both sides to enhance cooperation on aerospace and nuclear energy, and promote exchanges in education and culture, so as to open a new chapter in bilateral cooperation.
The Fifth UK-China Regional Leaders Summit has been described as "the most significant gathering of its kind ever held in the UK" and will give the two nations an opportunity to strengthen cultural and economic links.
The Hong Kong Special Administrative Region's government slammed Taiwan authorities for "irresponsible" handling of the voluntary surrender of Chan Tong-kai, 20, a Hong Kong resident and a suspect in a murder in Taiwan, whose case helped spark months of social unrest in Hong Kong.
The FDA raised little follow-up inquiries on the clinical data, and also exempted on-site investigation of the company's Chinese factory before approving the drug.