Hong Kong reopens a runway
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Hong Kong's Security Regulator (SFC) said on Monday that it had reprimanded Swiss bank UBS AG and fined it HK$8 million ($1.03 million) for misclassifying its clients' professional investor status for more than 12 years.
A cargo aircraft skidded off the runway while landing in Hong Kong on Monday and killed two people on the ground before plunging into the sea, media reported. Newsweek reached out to the airport operator and the police via email on Sunday for comment.