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Hong Kong oil tycoon freed after kidnappers ask for £6million in ransom deal


A billionaire oil tycoon has been rescued after he was allegedly held hostage for more than a month in a £6million ransom deal. Wong Yuk-kwan, the chairman of Pearl Oriental Oil Limited, had been found in an avandoned cottage in rural western Taiwan. It’s believed the oil boss, worth an estimated £1.7billion, was abducted in September.

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Sturgeon hails new Hong Kong low carbon centre


Nicola Sturgeon has attended the official opening of a new carbon innovation centre in Hong Kong. The centre is managed by a group based at Edinburgh University and will work on projects promoting sustainable construction, energy efficiency and air quality. The launch took place at the Hong Kong Science and Technology Park as part of the First Minister’s trade mission to east Asia.