News

UK regulator approves LME purchase

Final LME takeover expected December 6.

UK regulator approves LME purchase

Final LME takeover expected December 6.

Residential ASPs down 6% QoQ in 3Q12

But learn why latest property measures fail to dampen market sentiment.

HKMA weakens HK$ yet again

Sells US$500 million to defend peg to US dollar.

Hong Kong Disneyland finally turns a profit

Fiscal year 2012 attendance likely to top 5.9 million.

Here's how underdeveloped Asia's financial services are

Hong Kong only has 24 bank branches for every 100K adults.

Mortgage applications up 7.1% to 13,098

And mortgage loans approved increased by 10.3%.

Lai Sun Dev outbids Cheung Kong for a sea-side land parcel

The Tseung Kwan O parcel was won for HKD2.83b.

MTR buys 23 Chinese trains for US$2.57m

New diesel/electric trains pollute less and are less noisy.

Home prices fall by half a percent

Drop in prices is first in eight weeks.

What Hong Kongers should be thankful for when it comes to healthcare

Nearly 60% of Singapore's healthcare spending comes from citizens' pocket but not in HK.

How to improve Hong Kong's tax system

Check out Ernst & Young proposals.

Tax deductions for home loan interest proposed to extend to 20 years

First time buyers' stamp duty is also proposed to be HK$100.

Hong Kong's fiscal surplus to reach a whopping $8.6b for 2012-13

That is instead of the originally budgeted deficit of HK$3.4b.