Hong Kong

Monetary Authority said Hong Kong’s interest-rate cycle and capital flow will be affected by the US’ quantitative easing policy.

The proportion of new mortgage loans priced with reference to the Hang Seng Interbank Offered Rate slid to 89.8% from 91.7% in March.

Surge in private housing rentals and food, excluding meals bought away from home caused the slight increase in overall consumer prices.

Wong’s promotion of the commission's good corporate governance prompted SFC to reinstate him in his post.

The Labour Department will hold a two-day job fair at Metro City Plaza II in Tseung Kwan O from May 25 to 26.

The airline company will invite 40 students to participate in an eight-day programme about environment conservation.

The medicine producer inaugurated new exclusive patch product in China to propel business growth.

The company signed agreement with Jiangxi government for its aim to increase production capacity to tap consumers’ rapidly growing spending power.

The government tries to ensure stable and healthy development of the property market, which is at risk of a property bubble with low interest-rates and a capital overflow.

Miranda Lou to succeed Taylor Gao as Director after the latter quitted his post.

Total employment rose notably in February-April, by 8,200 to 3,585,500 but outpaced by an even bigger increase in the labour force.

The group aims to meet the enormous demand in automobile glass from the global market as it target melting capacity in 2011 at 2.61mn tonnes.

Aside from the property earning secure rental income by the long period of tenancy agreement of Wai Yuen Tong, the property is also in a prime office and retail location.

Aside from Hong Kong, the company plans to enter in 7 other Asian countries through its Bellagio, MGM Grand, and Sky Lofts brands.

The supply and demand of the Hong Kong dollar in the local banking system is the key factor behind the change in deposit and lending rates.

The purchase is expected to further Kaseya’s move into network performance monitoring.