Hong Kong
Unemployment down to 3.2% in June-August
Over the same period total employment increased by almost 11,000.
Unemployment down to 3.2% in June-August
Over the same period total employment increased by almost 11,000.
Property shocker: Tightening liquidity may push mortgage rates up
This may worsen the already weak real estate sentiment further, according to a Reuters report.
Licensed banks in Hong Kong now up to 151
The Hong Kong Monetary Authority has granted a banking licence to Switzerland’s Banque Privée Edmond de Rothschild SA.
Kingsoft unveils new cloud computing and mobile internet products
The software developer launched WPS Office 2012, Kingsoft Secured Cloud Storage, Kingsoft Kaipun and Kingsoft Office Mobile Edition.
Yip’s Chemical targets building CNY300mn butyl acrylate production plant
The company will capitalise on the enormous demand for the chemical in China.
New Heritage issues HK$75mn convertible notes
The notes, with 6% per annum interest, further enhances the developer’s financial Position and flexibility for future business development.
Sustainable Forest ties up with CITIC Merchant
The two companies enter into non-binding term sheet for a proposed acquisition of 90% interest of a biomass power plant.
HSBC appoints Apratim Chakravarty as head of Offshore Asian Product Distribution in Asia Pacific
Apratim moved into this role from Indonesia, where he held the position of Head of Global Markets since 2007.
Hello, investors: Nearly 6 in 10 affluent Hong Kongers to invest in Greater China and Southeast Asian funds
It seems like they have a lot to invest, as 63% of Hong Kong's affluent reported a rise in net worth in the last 12 months.
CapitaLand (HK) Investment Limited is dissolved
CapitaLand's Hong Kong subsidiary was dormant and placed under members’ voluntary liquidation prior to dissolution.
Jobless rate to remain at pre-crisis lows, says analyst
The city awaits to see whether Hong Kong’s unemployment rate improved or worsened from the 3.4% level announced last month.
Wanted: Vacancies up 25% in June 2011
The total number of vacancies was 56,650 amidst a 3.2% rise in total employment in the private sector.
Outward processing exports to Mainland up 13% to $145b
This accounts for 34% of Hong Kong’s total exports in Q2 2011.
Mortgage Corp. first half profit up 19%
But the company expects "considerable challenges" in the second half, brought about by uncertainties in the global economy.
August composite interest rate up to 0.33%
The weighted deposit rate also climbed to 0.32%.
Banks to upgrade safety features in sending passwords via SMS
Lenders and EPS will enhance their monitoring of suspicious transactions before upgrade launch.
Everbright International picked as Hang Seng Corporate Sustainability Benchmark Index member
The company was able to pass a very stringent selection process that appraised its contribution to sustainable development.
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