In Focus
Employers hold firm grip over salary negotiations
77% of Asia Pacific finance professionals surveyed believe employers control salary negotiation.
Employers hold firm grip over salary negotiations
77% of Asia Pacific finance professionals surveyed believe employers control salary negotiation.
Hong Kong ranks sixth in global forex market
Average daily net turnover of foreign exchange transactions jumped 31.3% to US$237.6bln.
Hong Kong's insurance industry premiums up 14.5%
Net premiums rose 11.8% to $11.7bln while overall underwriting profit stood at $1.3bln.
Wharf profit up 28% to HK$4.2bln
Growth attributed to rising retail rents as company among top investors' picks with more conservative portfolio.
HKEx mulls opening Renminbi futures market
Market with 1mln yuan per contract, targets to broaden acceptance of currency by international trade partners.
HK & China Gas profit down 1% to HK$2.97bln
Company continues to look for mainland gas projects with its China unit's profit up 34%.
New BlackBerry App World available in Hong Kong
BlackBerry App World continues to grow with catalog of applications that further enhance the BlackBerry experience.
Renminbi appreciation may reduce HK dollar demand
The European debt problems and Mainland's policy tightening might cause some slowdowns in HK economic growth.
July visitor arrivals in Hong Kong up 32%
Individual Visit Scheme measures in Shenzhen helped make Chinese top visitors with total of 2mln.
HSBC helps Air China complete ECA-backed aircraft financing
Lender's experience in overseas markets gave it edge to help carrier obtain guarantees from 3 ECAs.
Hong Kong's jobless rate falls to 4.3%
But unemployment rate of 20 to 24 age group rose by one percentage point to 12.1%.
Hong Kong's credit card rates rising
52.4% of cards surveyed charged consumers carrying debt of 30% or above for annualised interest.
GDP jumps 6.5%
Total exports rose 20.1% in real terms compared to last year while investment spending saw a 15.2% increase.
Hong Kong’s volume of goods exports up 23.1%
Volume of goods imports increased higher than volume of total goods exports by 5.3 percentage points.
HKEx profit up 3% to $2.26bln
Exchange to tap growing Renminbi-denominated products whilst it seeks to draw international listings.
Government to impose stricter property data law
Among required information are agreements for sale and purchase date, units being sold, and transacted amount.
Cathay Pacific to reinstate more capacity as demand increases
Carrier to add 4% more overall passenger capacity to match 2008 pre-financial crisis levels.
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