BUSINESS

HKEx chief confident on buying LME; Q1 profit dips

HONG KONG (Reuters) – Hong Kong Exchanges and Clearing Ltd said it was confident of winning an auction to take over the London Metal Exchange (LME), the world's largest metals trading market, as it looks to China to drive new business growth in the face of declining stock market activity. Speaking after the world's...

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China Rich List Shipper's Shares Gain In Hong Kong On Volume Growth (Update)

Shares in SITC International Holdings, one of China?s largest non-government controlled shipping and logistics companies, rose in Hong Kong today after it said business volumes improved in the first quarter of the year. (read on…) Related items Hong Kong's Insurance Business Continues Growth Hong Kong Credit Growth Risks Bad Loans Amid EU Crisis, IMF...

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Tantocos get Hong Kong partner for Rustan's supermarkets

MANILA, Philippines – The Tantoco family behind the Rustan's retail empire has gotten a unit of Hong Kong's Jardine Matheson as its partner in their supermarket business. (read on…) Related items HKEx May Win LME With China Card Hong Kong: The Most Business-Friendly City in the World RBC, Credit Suisse among bidders for BofA...

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Billionaire Chus Look To Make A Mark Beyond Hong Kong

Hong Kong is an economy of only seven million people yet home to many businesses that have grown far beyond its shores. (read on…) Related items The Billionaire Chus And Kingston Financial Look To Make A Mark Beyond Hong Kong Okada bets to win with fine dining and casinos Hong Kong graft probe nets...

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The Billionaire Chus And Kingston Financial Look To Make A Mark Beyond Hong Kong

Hong Kong is an economy of only seven million people yet home to many businesses that have grown far beyond its shores. It boasts a respected global airline ? Cathay Pacific Airways, ??a strong regional bank ? the Bank of East Asia, and the headquarters of an elite regional hotel chain ? Shangri-La Hotel....

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Hong Kong graft probe nets third billionaire Kwok brother

HONG KONG (Reuters) – Walter Kwok, the ousted head of Asia's biggest developer, Sun Hung Kai Properties , has been arrested as Hong Kong's anti-graft agency widens a high-profile bribery investigation that has already netted Kwok's two younger billionaire brothers and the former No.2 in the city's government. The dynastic Kwok family, Hong Kong's...

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HK graft probe nets third billionaire Kwok brother

HONG KONG (Reuters) – Walter Kwok, the ousted head of Asia's biggest developer, Sun Hung Kai Properties, has been arrested as Hong Kong's anti-graft agency widens a high-profile bribery investigation that has already netted Kwok's two younger billionaire brothers and the former No.2 in the city's government. The dynastic Kwok family, Hong Kong's second-wealthiest,...

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EV365 chooses Hong Kong as its First Cloud Connected Disaster Recovery Hub in Asia

HONG KONG, May 3, 2012 /PRNewswire/ — EV365, Asia's first professional grade Cloud Connected Disaster Recovery service, announced it has chosen Hong Kong as the first hub in the Asia Pacific region to … (read on…) Related items Google Hotel Finder v. YayHotels.com Microsoft and Movideo Forge Global Cloud-Based Strategic Alliance Hong Kong to...

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Eldest Kwok arrested as Hong Kong graft probe widens

HONG KONG: A corruption probe into the activities of one of Asia's richest families widened Friday after Hong Kong authorities arrested the eldest sibling of the Kwok brothers at the centre of the scandal. (read on…) Related items Third Kwok brother held in Hong Kong graft probe Kwok arrests blacken Hong Kong's clean image...

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Sun Hung Kai says ex-chairman Walter Kwok arrested and on bail

HONG KONG (Reuters) – Sun Hung Kai Properties Ltd said on Friday that former chairman Walter Kwok has informed the company that he was arrested on May 3 in conjunction with a corruption investigation and has been released on bail. Related Stories M&C Hotels fears post-Olympic hangover for London Car sales up 3.3 percent...

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