Hong Kong
Sino Land profit up 63.3% to HK$6 billion
The 63.3% increase was in comparison with the HK$3.7 billion profit for the previous financial year.
Sino Land profit up 63.3% to HK$6 billion
The 63.3% increase was in comparison with the HK$3.7 billion profit for the previous financial year.
Ede Road lot up for auction
The 2,808 square metre lot at 3 & 5 Ede Road in Kowloon Tong will be auctioned for a minimum guaranteed bid of $1.053 billion.
Employers hold firm grip over salary negotiations
77% of Asia Pacific finance professionals surveyed believe employers control salary negotiation.
CITIC and CE-SCM to acquire China Enterprise Communications
HK$258.4mln acquisition prompts CITIC to propose change in CEC’s company name to CITIC Telecom.
Cathay Pacific celebrates inauguration of Moscow service
Moscow service marks airline’s 48th online passenger destination and second launching this year.
Hong Kong ranks sixth in global forex market
Average daily net turnover of foreign exchange transactions jumped 31.3% to US$237.6bln.
Dragonair resumes flight to Shanghai's Hongqiao Airport
Authorities agreed to open airport for flights between Hong Kong and China.
Hong Kong's insurance industry premiums up 14.5%
Net premiums rose 11.8% to $11.7bln while overall underwriting profit stood at $1.3bln.
Exchange Fund total assets up by $4.2bln
July total deposits rose 1.8%, with 1.1% and 2.5% rise in HK dollar and foreign-currency deposits.
AV Concept further acquires shares in Wavesquare and Accupix
Distributor becomes largest Wavesquare shareholder as it taps LED TV and 3D markets' potential growth.
EPI and SinoPec start delivery of drilling equipment
Drilling machinery and equipment expected to arrive at Buenos Aires in early October.
OOCL increases rate on Southeast Asia-Australia services
Rate up to US$300 per TEU to ensure high quality services to the region.
Foxconn International loss balloons at $143mln
Sales rose to $3.23bln from $3.16bln despite Nokia's reduced phone orders behind falling demand for smartphones.
Wharf profit up 28% to HK$4.2bln
Growth attributed to rising retail rents as company among top investors' picks with more conservative portfolio.
PetroChina profit up at $4.82bln
Despite earning from producing 439.1 million barrels, oil producer still missed forecast.
Hong Kong: A liquidity boom underpins a credit revival
Excess liquidity and very low interest rates will likely prevail given the potential for more capital flows into Hong Kong, according to Macquarie Research.
HK & China Gas profit down 1% to HK$2.97bln
Company continues to look for mainland gas projects with its China unit's profit up 34%.
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