In Hong Kong, fears have grown that Beijing is increasingly interfering in the governance of the semi-autonomous financial hub, sparking calls by some activists for self-determination or even independence. Such calls have riled Beijing, and Li shut down ... ( read original story ...)
Hong Kong lists $1 billion Sukuk on Nasdaq Dubai
This brings the total value of Hong Kong government Sukuk listed on the Middle East’s international financial exchange to $3 billion, following two listings of $1 billion each in 2014 and 2015. The new listing strengthens Dubai’s position as the world ... ( read original story ...)
Hong Kong's Worker News Wins Award for Series Debunking Myths About Refugees
A series of news features by Worker News debunking the idea that asylum seekers arriving in Hong Kong are “fake refugees” won the Best Journalism Award in the 2016 E-Citizen Awards organized by civic groups inmediahk.net and the Culture and Media ... ( read original story ...)
Hong Kong stocks retreat on profit taking as investors turn cautious over possible rate rise
the world largest bank by assets, was down 1.6 per cent to HK$4.9. Emerging markets including Hong Kong are likely to see capital outflows when the dollar becomes stronger Castor Pang Wai-sen, Core Pacific Yamaichi The Hang Seng and H-share Indices will be ... ( read original story ...)
Hong Kong stocks slide as resource stocks, weak mainland inflows drag
Feb 24 Hong Kong stocks fell for a second day on Friday, as resource firms were hit by weak commodities markets in China and a sharp drop in money inflows from Shanghai. The benchmark Hang Seng index dropped 0.6 percent, to 23,965.70, while the Hong Kong ... ( read original story ...)
Banks, health care companies lead stocks slightly higher
Bank of the Ozarks added $1.09 ... Earlier in Asia, Japan's Nikkei 225 index fell 0.5 per cent , while South Korea's Kospi sank 1.1 per cent . Hong Kong's Hang Seng index lost 0.7 per cent . Energy futures rose. Benchmark U.S. crude gained 72 cents ... ( read original story ...)
Global shares lower as investors await Fed chair's speech
U.S. jobless claims fell to the lowest level in decades last week, strengthening the belief that the central bank is moving closer to achieving ... Korea's Kospi sank 1.1 percent to 2,078.75. Hong Kong's Hang Seng index lost 0.7 percent to 23,552.72 ... ( read original story ...)
Chinese Group to Pay Record $2.2 Billion for Hong Kong Land
... increase in the Hang Seng Index. To contact the reporter on this story: Frederik Balfour in Hong Kong at fbalfour@bloomberg.net. To contact the editors responsible for this story: Sree Vidya Bhaktavatsalam at sbhaktavatsa@bloomberg.net, Darren Boey ( read original story ...)
US stocks dip as banks and energy companies fall
Wells Fargo slipped $1.10, or 1.9 per cent, to $57.39 and Bank of America fell 49 cents ... 225 lost 0.5 per cent and South Korea's Kospi fell 0.6 per cent. The Hang Seng of Hong Kong fell 0.5 per cent. ( read original story ...)
Asia stocks advance ahead of Trump speech, China congress
Hong Kong's Hang Seng slipped 0.1 percent to 23,899.76 while the Shanghai Composite index in mainland China climbed 0.2 percent to 3,235.23. Australia's S&P/ASX 200 shed 0.2 percent to 5,712.20. BIG SPEECH: Investors are hoping Trump's first speech to a ... ( read original story ...)
World stocks edge higher before Trump speech, China congress
Hong Kong's Hang Seng lost 0.8 percent to 23,740.73 while the Shanghai Composite index in mainland China climbed 0.4 percent to 3,241.73. Australia's S&P/ASX 200 shed 0.2 percent to 5,712.20. CURRENCIES: The dollar slipped to 112.31 yen from Monday's 112 ... ( read original story ...)
China Unicom Global Launches “CUniq” MVNO Business in America
HONG KONG, March 4, 2017 /PRNewswire/ – On March 3, 2017, China Unicom Global Limited (“CUG“) launched “CUniq” mobile virtual network operator (“MVNO“) business in America, marking another milestone of CUG’s MVNO services development in ... ( read original story ...)
Bill Brooks: Chinese New Year Gala celebrates Year of the Rooster
Hosted by the Hong Kong-Canada Business Association (HKCBA), Calgary Section, highlights of the SRO gala were numerous indeed including: a champagne reception, courtesy of Stikeman Elliott; a sumptuous 10-course meal; remarks from myriad politicians and ... ( read original story ...)
Hong Kong group urges parents, teachers to work harder to close gender gap in STEM subjects
Parents, schools, businesses and the Hong Kong government must work harder to promote science and mathematics to girls to close the gender gap in education, a leading women’s campaign group has urged. New research suggests gender stereotyping ... ( read original story ...)