HONG KONG - Service has been suspended on part of one of Hong Kong’s main subway lines after an overnight crash during equipment testing. Hong Kong media reports say the driver of one train injured ... ( read original story ...)
Hong Kong subway trains collide amid new signal system trials
causing a temporary suspension of service in that area. Hong Kong's subway network is used by up to six million people during weekdays, Reuters news agency reports. ( read original story ...)
Hong Kong property agents still up to old tricks despite new rules on adverts for flats
In Hong Kong’s sky-high property market, looking for a home can be frustrating, especially when an agent tells an excited flat-hunter that an advertised bargain is actually out of date. It will be ... ( read original story ...)
Hong Kong faces commuter chaos after rare MTR train collision
told a news briefing. Shares of MTR fell more than 1 percent in early trade, lagging a gain of 0.3 percent in the benchmark index. A train collision disrupted services in Hong Kong on Monday, ... ( read original story ...)
Hong Kong’s Taxi Drivers Aren’t Getting Any Younger
The South China Morning Post recently published an analysis of the 210,000 licensed drivers of Hong Kong’s iconic taxi fleet. Those Toyota Crown sedans are a venerable design, released in 1995. More ... ( read original story ...)
What’s Pulling at the Hong Kong Dollar’s Peg
This was enough to kill off the hedge-fund attack as local banks could only meet their own needs, so there were no Hong Kong dollars left to finance short sellers. It tries to. Every time the Fed ... ( read original story ...)
BOC Hong Kong Holdings Ltd
BOC Hong Kong (Holdings) Limited provides a comprehensive range of financial products and services to retail and corporate customers. Its products include retail banking, corporate banking, and ... ( read original story ...)
What’s Pulling at the Hong Kong Dollar’s Peg: QuickTake
Some analysts say Hong Kong will need to spend another HK$40 billion to HK$60 billion to make local borrowing costs more responsive to intervention. Hibor, the floating rate on most new mortgages, is ... ( read original story ...)
Hong Kong watchdog fines global banks $100m over China IPOs
It also suspended for one year the Hong Kong licence of UBS Securities to advise on corporate finance, following an 18-month sponsorship ban it proposed last year. In a statement, Ashley Alder, SFC ... ( read original story ...)
This is why I left Hong Kong: Richmondite
I think I made the best decision ever,” Lam told the Richmond News. According to the study, eight per cent of interviewees who want to move out of Hong Kong hope to go somewhere with a “less stressful ... ( read original story ...)
Hong Kong Must Give Critical Voices Freer Rein
Hong Kong’s market regulator has taken out the big stick against four global investment banks for cutting corners on IPOs. That’s a good step, but more are needed to maintain market integrity in one ... ( read original story ...)
Southwest Airlines joins the FTE Innovation & Startup Hub as a Corporate Partner
Hong Kong International Airport and Vantage Airport Group as a member of the pioneering programme. As a Corporate Partner, Southwest Airlines now has access to both the FTE Innovation Hub and the FTE ... ( read original story ...)
Richmondite: This is why I left Hong Kong
I think I made the best decision ever,” Lam told the Richmond News. According to the study, eight per cent of interviewees who want to move out of Hong Kong want to go somewhere with a “less stressful ... ( read original story ...)
HK suspends UBS sponsor license, fines it and others $100 million for IPO failures
HONG KONG (Reuters) - Hong Kong’s securities regulator banned UBS from leading initial public offerings (IPOs) in the city for a year, while fining it and rivals including Morgan Stanley a combined ... ( read original story ...)