Hong Kong
Hong Kong to keep currency peg to US dollar, says Tsang
William Ackman, founder of hedge fund Pershing Square Capital Management LP, will “lose a lot of money” on his bet that Hong Kong will amend its currency peg to the dollar, city Chief Executive Donald Tsang said.
Hong Kong to keep currency peg to US dollar, says Tsang
William Ackman, founder of hedge fund Pershing Square Capital Management LP, will “lose a lot of money” on his bet that Hong Kong will amend its currency peg to the dollar, city Chief Executive Donald Tsang said.
Hong Kong to maintain housing curbs, says Tsang
Hong Kong will maintain curbs on the housing market even after the value of home sales dropped 50 percent in October from the same period a year earlier, Chief Executive Donald Tsang said.
HSBC’s profit jumps 50% to US$7.2b in 3Q11
In Hong Kong, profit-before-tax was up by US$100m, boosted by strong growth in the commercial banking and global banking market.
Women are taking over Asia
On the 31st of October 2011, the 7th Billion World citizen was born. Chances are high that this baby will open its eyes in Asia, as Asia contains 60% of the world’s population, and 95% of all children are currently born in developing countries.
PCCW Solutions co-launches ezTRACK with GS1 Hong Kong
The cloud-based platform will provide users visibility of entire supply chains in real-time.
CLP shares drop following passage of clean energy law in Australia
The power supplier previously said its earnings may be affected by the passage.
Two employment agencies busted for non-compliance
Now the licences of the two agencies have been revoked.
Hong Kong promoted in LA
Financial Secretary John Tsang lured US businesses to take advantage of Hong Kong's being a global financial hub.
SIM Technology ships ODM Handsets to Japan
The move is the country’s first entry into the Japanese smart phone market.
Qinfa Group increases equity interest in Huameiao Energy by a further 48%
Through the move, the company further expands coal asset base and enhances cost effectiveness.
Tontine Wines keen on 60% interest acquisition in Yantai Baiyanghe
The move to create synergies to achieve industry leadership through complementary strengths and shared resources.
Valuetronics profit down 1.9% to HK$60.4mn
Newly-commenced Licensing business increased its contribution to the Group’s revenue by 359.8% to HK$46.9 million for 1H FY2012.
Four members of bogus marriage syndicate jailed
Four Hong Kong residents who arranged bogus marriages were jailed when they appeared in the District Court.
Hong Kong and Malta sign tax treaty
Hong Kong's Secretary for Financial Services and the Treasury, Professor K C Chan, signed a tax treay with the Republic of Malta.
Hong Kong-listed Tingyi to acquire Pepsi’s bottling assets in China
Tingyi's beverage subsidiary, Tingyi-Asahi Beverages, will become PepsiCo's franchise bottler in the mainland.
SFC criticises Fidelity Worldwide Investment
And it has done so publicly with regard to Takeovers Code breaches.
Foreign currency reserve assets gain US$4.1b
It has reached US$281.7 billion at the end of October.
Read Here
Advertise
Sign Up
