News
Hong Kong's GDP may have grown 4% in 3Q11
It's a close call as the country may have narrowly missed a technical recession.
Hong Kong's GDP may have grown 4% in 3Q11
It's a close call as the country may have narrowly missed a technical recession.
Hong Kong domestic exports plunge 36%
The prices of goods re-exports rose 8.2% over the same period in 2010, while those of domestic exports rose 6.8%.
Buildings Department considers legal action against flat owners
There were 36 cases of flat owners employing unqualified people to conduct minor works, so far this year.
Hong Kong workers at risk due to overwork
A study confirms most Hong Kong workers stay late and bring work home with them.
Contract awarded for improvement of Kai Tak River
An $818 million contract for the reconstruction, improvement and rehabilitation of a section of the Kai Tak River from Po Kong Village Road to Tung Kwong Road, has been awarded by the Drainage Services Department.
OFTA issues Fair Usage Policy for broadband services
The Office of the Telecommunications Authority promulgated a set of mandatory guidelines setting out the relevant guiding principles for compliance by broadband service providers.
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.
Hong Kong promoted in LA
Financial Secretary John Tsang lured US businesses to take advantage of Hong Kong's being a global financial hub.
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.
Cathay Pacific launches freighter service to Zaragoza
The airline enters Spain for the first time with twice a week service.
Slow residential market sales in Hong Kong indicates coming downside risks
Research shows projection of luxury residential prices to fall by 13% and rentals to decrease by 3% over the next twelve months.
Hong Kong's Sept exports to fall by over 10%
Hong Kong's Financial Secretary John Tsang announced that Hong Kong's September export volumes are expected to fall more than 10 percent.
Economic uncertainty likely to persist, warns John Tsang
The Financial Secretary said Hong Kong must keep up vigilance against possible external shocks.
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