
HK spirits import value surpasses wine for first time since 2007
Download The Standard app to stay informed with news, updates, and significant events - https://urlgeni.us/TheStandard. The upgraded app is now available on both iOS and Android platforms.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


South China Morning Post
33 minutes ago
- South China Morning Post
Why go to the cinema? ‘Shared reality' experience makes viewers feel they're in the movie
In a Los Angeles cinema, a trench-coat-wearing Neo bends backwards to dodge bullets that spiral over the viewer's head, as the sound of gunfire erupts from everywhere. This new immersive experience is designed to be a red-pill moment that will get film fans off their sofas at a time when the movie industry is desperate to bring back audiences. Cosm, which has venues in Los Angeles and Dallas in the United States, is launching its dome-style screen and 3D sets in June with a 'shared reality' version of The Matrix , the cult 1999 film starring Keanu Reeves as a man who suddenly learns his world is a fiction. 'We believe the future will be more immersive and more experiential,' said Cosm president Jeb Terry at a recent preview screening. Neo (Keanu Reeves) appears on screen with an extended display of the power plant towers during the first 'shared reality' screening of the movie The Matrix on an immersive dome screen inside Cosm Los Angeles. Photo: AFP 'It's trying to create an additive, a new experience, ideally non-cannibalistic, so that the industry can continue to thrive across all formats.'


South China Morning Post
an hour ago
- South China Morning Post
Why Taco trade is no laughing matter for the global economy
Everyone loves a catchy acronym. In financial markets, investment analysts spend a lot of time trying to come up with initialisms that encapsulate a popular theme or trend. A good example is FOMO, or fear of missing out , especially when it comes to stock market rallies. Another one is Brics, first coined in 2001 by former Goldman Sachs economist Jim O'Neill to draw attention to opportunities in Brazil, Russia, India and China. However, it is not often that a journalist coins an acronym that takes markets by storm. Last month, Financial Times commentator Robert Armstrong came up with Taco – which stands for ' Trump always chickens out ' – to describe the recent rally in global markets. He attributed the rally to investors 'realising that [US President Donald Trump] does not have a very high tolerance for market and economic pressure and will be quick to back off when [his trade] tariffs cause pain'. The Taco trade took hold on April 9, the day Trump suspended the 'reciprocal' tariffs he imposed on nearly all America's trading partners a week earlier. Since then, Trump has made a series of partial climbdowns that have convinced many investors that his bark is worse than his bite. Having threatened to fire US Federal Reserve chair Jerome Powell, Trump backed down and said he had no intention of seeking his ouster despite continuing to pressure the Fed to lower interest rates.


The Standard
2 hours ago
- The Standard
New German leader plans to discuss Ukraine and trade with Trump in Oval Office visit
Download The Standard app to stay informed with news, updates, and significant events - The upgraded app is now available on both iOS and Android platforms.