BUSINESS

The Outlets at Orange to add Esprit’s only O.C. store

A Hong Kong-based clothing company, whose brand was popular among young women and teens in the 1980s, recently announced that it decided to divest its North Amercan business due to losses.However, clothing company Esprit Holdings Limited still plans to soon open an Esprit Outlet at The Outlets at… (read on…) Related items Hong Kong...

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Interview with Gabrielli, Petrobras CEO and Oil Executive of the Year

My contributions are related to global economic issues with a focus on Brazil, where I was born and raised, and China, where I am launching my own business. (read on…) Related items Carrier decisions Hong Kong’s Tsang Says Rising Risks Mean Tax-Cut Is ‘Hard’ Tang confirms bid to be Hong Kong’s next leader Hong...

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Business blog: Fitch cuts Italy and Spain ratings

• Fitch downgrades Italy and Spain • Moves sends euro lower, Wall Street sells off • FTSE gets short-lived boost on 103,000 rise in non-farm payrolls • Moody’s downgrades 12 UK banks and building societies • Today’s agenda 7.33am: Good morning. Today’s main event are the US jobless figures for September, with expectations that...

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NTT to build first financial data centre in Hong Kong

NTT Communication’s Hong Kong unit is building its first financial data centre in one of the financial hubs of Asia. (read on…) Related items Samsung Securities to cut staff at Hong Kong unit AIA sizes up bid for $6 bln ING Asia insurance unit – sources AIA sizes up bid for $6 billion ING...

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Hong Kong Faces Office-Space Shortage Unless Economy Shrinks, Survey Says

Hong Kong’s new grade-A office space supply will fall short of demand unless the city suffers a sharp economic contraction, according to a Royal Institution of Chartered Surveyors study. (read on…) Related items Hong Kong’s Economy Shrinks for First Time Since 2009 Hong Kong economy seen slowing further in Q4 2011 Hong Kong Recession...

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Steve Jobs Must-Reads: Reflections, Tributes, Photos and Webcomics

Notes of condolence for Steve Jobs at an Apple store in Hong Kong. AFP/Getty The Web was awash in tributes and remembrances for late Apple co-founder Steve Jobs Thursday as people reacted to news that that the technology and device pioneer had died at age 56 after a long battle with several ailments, including...

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Hong Kong soars 6% as Asian stocks surge

HONG KONG – Asia’s stock markets surged on Thursday, boosted by another strong performance on Wall Street and hopes European leaders will come together to plan a route out of the region’s sovereign debt crisis. (read on…) Related items HK banks feel the heat As Europe Retreats, Pressure Mounts on Hong Kong Banks Hong...

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OFW triumph in a Hong Kong court

A Hong Kong court recently ruled in favor of a Filipina maid’s petition for permanent residency based on Hong Kong’s Basic Law, the equivalent of the territory’s constitution. The decision pits Hong Kong’s declared commitment to the rule of law against its fears of an immigration deluge. It parallels the Filipinos’ own local debates...

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The curious names of Hong Kong companies

I’d like to revisit a curious observation I made in the past. I have always noticed the unusual, sometimes funny, yet predictable approach many Hong Kong companies take when finding names for their business. Positive adjectives are commonplace – Top, Good, Smart, Rich or other positive qualities as part of company identity. Whether this...

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Curious names of Hong Kong companies

I’d like to revisit a curious observation I made in the past. I have always noticed that unusual, sometimes funny, yet predictable approach many Hong Kong companies do when finding names for the business: using positive attributes Top, Good, Smart, Rich or other positive qualities as part of company identity. Whether this is dictated...

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