Money

UK expands visa route to young Hong Kongers

Published

4 years ago

August 4, 2022

Britain announces an expanded visa route that will allow teenage Hong Kongers born after the 1997 Handover to live, work and stay in the UK

Hong Kong teenagers born after 1997, with one parent who holds a British National (Overseas) Passport will be able to apply to live, work and stay in he UK.

The announcement was made by Home Secretary Priti Patel – who says the visa changes will come into effect in Autumn.

“The further changes I have announced, which will come into effect this autumn, will continue to deliver on our historic and moral commitment to the people of Hong Kong.”
PRITI PATEL, UK HOME SECRETARY

It’s an expansion to the already-existing arrangement that was announced in 2021 following the implementation of the Beijing-inspired National Security Law in the former British colony.

The UK las labelled the law as a clampdown on dissent and democracy in Hong Kong, and accused China of breaking the Sino-British joint agreement that guaranteed Hong Kong could keep its autonomy, freedoms and capitalist way of life for fifty years following its 1997 handover to China.

China in return said that it would no longer recognise BN(O) passports.

THE BRITISH NATIONAL (OVERSEAS) PASSPORT

Almost three million Hong Kongers were eligible for the new UK visa route from January 2021.

So far, fewer than 150,000 people have applied.

The latest announcement will allow almost 12,000 more Hong Kongers to be eligible for the scheme if they so choose.

HONG KONG WAS A BRITISH COLONY UNTIL IT WAS HANDED BACK TO CHINA IN 1997

The British National (Overseas) passport – or BN(O) was issued to Hong Kongers when Hong Kong was still a British colony.

It allows holders of the passport to visit the the UK for an extended period, but does not offer them citizenship rights.

Money

U.S. dollar weakens while Australian dollar rises amid global market shifts

Published

3 days ago

January 30, 2026

Harvey Vargas

US dollar weakens as Trump comments; Australian dollar gains from commodity prices and RBA rate hike expectations

The US dollar is coming under pressure as the economy remains strong and President Trump comments on its decline. We explore how this is impacting major currencies around the world and what it means for investors.

Meanwhile, the Australian dollar is benefiting from rising commodity prices and growing expectations of an RBA rate hike. Global investors are increasingly drawn to Australia’s bond market as economic conditions shift.

Currency trading strategies are adapting to this changing landscape, with potential implications for interest rates and international markets. Steve Gopalan from SkandaFX breaks down the trends.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#USDDollar #AustralianDollar #ForexTrading #RBA #InterestRates #GlobalEconomy #CurrencyMarket #Ticker

Money

Wall Street slides as AI spending raises investor concerns

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives. Tune in for insights!

Published

3 days ago

January 30, 2026

Harvey Vargas

Wall Street dips as AI spending scrutiny rises; Microsoft struggles while Meta thrives.

Wall Street closed lower on Thursday, with the Nasdaq leading losses as investors questioned whether Big Tech’s massive AI spending will pay off. Microsoft shares tumbled after revealing record AI infrastructure costs, while Meta rallied on strong earnings and a bullish outlook.

Kyle Rodda from Capital.com joins us to explain what spooked markets, which tech names are holding up, and whether AI budgets are getting too big.

We also discuss rate expectations, macro risks, and what to watch in the upcoming earnings season.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

Money

Tesla brand value plummets amid Elon Musk’s political focus

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Published

5 days ago

January 28, 2026

Harvey Vargas

Tesla’s brand value plummeted to $27.61 billion in 2025 amid Musk’s political shift, sparking investor concern.

Tesla’s brand value plummeted by $15.4 billion in 2025, falling to $27.61 billion from $66.2 billion in early 2023. Analysts say Elon Musk’s political focus and a slowdown in new models have distracted the company’s core business.

In the U.S., Tesla’s recommendation score sank to just 4 out of 10, down from 8.2 in 2023. Despite this, loyalty among existing owners remains high at 92 per cent, showing a strong but shrinking fan base.

#TeslaNews #ElonMusk #BrandValue