- US stocks retreat while yen gains on Bank of Japan rate hike
- Serbians strike in protest over fatal roof collapse
- Meta plans to invest $60 bn or more in AI this year
- Power cuts and transport chaos as Storm Eowyn hits Ireland and UK
- Croatians boycott shopping to protest high prices
- US home sales in 2024 weakest in nearly 30 years
- 'White wall' of ice drifts toward remote penguin haven
- Stocks diverge as investors weigh earnings, Trump policies
- Beached whales: Airbus grounds its massive Beluga cargo flights
- IMF chief tells Europe to take page out of US book
- Bob Dylan a contrast to 'narcissistic' modern stars, says biopic director
- Saudis showcase charm offensive in Davos
- Maltese businessman accused in journalist's murder granted bail
- Kazakhstan delays release of Azerbaijan plane black box data
- France asks EU to delay rights, environment business rules
- Troubled Burberry shows sign of recovery despite sales drop
- Italy's Monte dei Paschi bids 13.3 bn euros for Mediobanca
- How the Taliban restrict women's lives in Afghanistan
- Bank of Japan hikes interest rate to 17-year high, boosts yen
- Catalonia eyes reversal of business exodus after big bank returns
- Tajikistan launches crackdown on 'witchcraft' and fortune-telling
- Bank of Japan hikes interest rate to 17-year high, signals more
- Asian markets build on Trump rally, yen climbs after BoJ cut
- Survivors strive to ensure young do not forget Auschwitz
- Asian markets build on Trump rally, yen steady ahead of BoJ
- OpenAI unveils 'Operator' agent that handles web tasks
- Bamboo farm gets chopping for US zoo's hungry new pandas
- Fear in US border city as Trump launches immigration overhaul
- 242 mn children's schooling disrupted by climate shocks in 2024: UNICEF
- US Republicans pressure Democrats with 'born-alive' abortion bill
- Trump Davos address lifts S&P 500 to record, dents oil prices
- Between laughs and 'disaster', Trump divides Davos
- Hundreds of people protest ahead of Swiss Davos meeting
- US falling behind on wind power, think tank warns
- US news giant CNN eyes 200 job cuts, streaming overhaul
- Rubio chooses Central America for first trip amid Panama Canal pressure
- Wall Street's AI-fuelled rally falters, oil slumps
- Trump tells Davos elites: produce in US or pay tariffs
- Progressive politics and nepo 'babies': five Oscar takeaways
- American Airlines shares fall on lackluster 2025 profit outlook
- France to introduce new sex education guidelines in schools
- Wall Street's AI-fuelled rally falters
- Drinking water in many French cities contaminated: study
- After Musk gesture, activists project 'Heil' on Tesla plant
- ICC prosecutor seeks arrest of Taliban leaders over persecution of women
- Syria's economy reborn after being freed from Assad
- Shoppers unaware as Roman tower lurks under French supermarket
- Stocks mainly rise after Wall Street's AI-fuelled rally
- Singer Chris Brown sues Warner Bros for $500 mn over documentary
- J-pop star Nakai to retire after sexual misconduct allegations
Peak Tram back on track in tourist-devoid Hong Kong
The Peak Tram, Hong Kong's famed public transport and a popular tourist draw, reopened Saturday after a year-long $102 million facelift even as the city's coronavirus curbs continue to keep overseas visitors at bay.
The historic funicular, which dates back to 1888 and offers panoramic views of Hong Kong Island's famous skyline as it ascends to Victoria Peak, used to draw over six million visitors a year, according to its operator.
The latest makeover brought more spacious tramcars that accommodate 210 passengers, a full overhaul of its rail systems and a redesigned terminus at the heart of Hong Kong's central business district.
The Peak Tram closed for upgrades in June 2021, a period when the Chinese finance hub's strict border controls -- in line with Beijing's zero-Covid strategy -- all but wiped out its tourism industry.
The redevelopment went overbudget by around $15 million, which its operator attributed to supply chain difficulties during the pandemic, such as bringing the custom Switzerland-made tramcars to Hong Kong.
An adult return ticket now costs HK$88 ($11.20), a nearly 70 percent jump from before the makeover.
"I hope all visitors will feel it's worth the price," May Tsang, general manager of tram operator the Peak Complex, said on Wednesday.
"We have to consider the increase in our operating costs and the long-term sustainability of our business."
On Saturday morning, a woman surnamed Kwok and her young daughter were among a crowd of around a hundred waiting in line to try out the refurbished tram.
"It's been a long time since I was here and it'll be her first time," she said of her daughter.
Chau, who brought his two sons along for a family outing, said he was generally satisfied with the revamp.
"It's a bit pricey, but so is everything nowadays."
Tourists were mostly absent on Saturday as Hong Kong saw just a total of 134,000 visitors in the past four quarters -- a mere fraction of the 65 million that came to the city in 2018.
The new sixth generation tramcars are a far cry from the sedan chairs that carried visitors to Victoria Peak during the early days of British colonial rule.
At 396 metres (1,300 feet) above sea level, the Peak, once an exclusive enclave for Hong Kong's rich and powerful, remained off-limits to most of the local population until 1947.
It is now best known as an easy-to-access spot for residents and tourists to enjoy views of Hong Kong's sprawling cityscape, with Victoria Harbour in the distance.
S.F.Lacroix--CPN