Bloomberg Living in the world’s most-expensive property market means having to set aside more than half your income as mortgage payments. Hong Kong’s mortgage-payment-to-income ratio rose to 54.2 percent in June, the highest since 1998, figures from Centaline Property Agency show. The low affordability is a result of the steep rise in home prices, which have kept soaring despite efforts ...

Bloomberg Samsung Electronics Co. is introducing a new model for its Galaxy S8 smartphone line featuring a metal frame, larger battery and shatter-resistant screen. The Galaxy S8 Active, which the South Korean company says has passed military specification testing, is geared toward users in environments such as extreme outdoor sporting events and construction sites, where a standard device may succumb ...

Bloomberg France is working with Germany and other partners to plug loopholes that have allowed US tech giants like Alphabet Inc.’s Google, Apple Inc., Facebook Inc. and Amazon.com Inc. to minimise taxes and grab market share in Europe at the expense of the continent’s own companies. France will propose the “simpler rules” for a “real taxation” of tech firms at ...