Hong Kong
Trade takes another beating
Hong Kong’s domestic export volume from January to August plunged 18.3% year-on-year.
Trade takes another beating
Hong Kong’s domestic export volume from January to August plunged 18.3% year-on-year.
Business operations in HK could slow down
Foreign companies doing business in Hong Kong could be curbed if the world economy worsens.
Hang Seng continues climb despite dour Chinese news
The Hang Seng Index rose to a seven-month high yesterday with investors buoyed by data seeming to indicate China might have turned the corner.
How to be a millionaire before turning 40
A good friend had the ambition to become a millionaire before his 40th birthday, a common ambition in Hong Kong, and he was well underway until recession struck. Fortunately, he is an educated businessman and understanding mega trends made him change his strategy dramatically; he switched from selling power tools to young men to selling electric powered bicycles to elderly women.
ENN cancels acquisition plans of China Gas through consortium
Moody's gave the move a thumbs up.
Hong Kong bond issuers most active in Asia
Hong Kong accounts for 19% of the USD77.8bn-worth of USD bond issuances in Asia ex-Japan.
CLP Power's MTN drawdown gets A1 Rating from Moody's
Moody's however cautions of liquidity pressures.
Hong Kongers 2nd most workaholic among top cities
Hong Kongers working more than 8 hours a day boost shoebox popularity.
Peking Medicine Manufactory ordered to extend recall
Another batch of proprietary Chinese medicines was found to contain excessive mercury.
Café De Coral Hong Kong operations in-line with expectation
Profitability could take a hit though in China where Café De Coral has yet to reach critical mass, says Kim Eng.
Housing woes still top priority
10 initiatives had been unveiled to increase housing supply.
Hong Kong to suffer from increasingly unstable house prices
But on the flip side, HKMA's measures reduce the risk in the banking system.
This graph shows housing prices vs household incomes in Hong Kong
When money is this cheap there is always trouble down the line.
Nearly 4 in 10 employers now offering paternity leave
That is a significant increase from 1 in 10 in 2006.
3 consequences of HKMA's tightening of mortgage debt availability
There is always more debt than we can see, says Barclays.
China Life issues profit warning
Net profit for 9M11 is forecast to decrease by around 55% YoY.
Ip and Lam appointed to ExCo
The appointments of Regina Ip and Jeffrey Lam as non-official members bring the Executive Council up to full strength.
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