FINANCE

Saxo Bank Takes Two Awards at the 2012 World Finance Awards

HONG KONG– – Saxo Bank , the online trading and investment specialist, has won two awards at this year's World Finance 2012 Foreign Exchange Awards. Saxo Bank walked away with the Best White Label Solution … (read the rest of the story…) Related items HK should make Malaysia its Asean financial hub: Donald Lim...

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Ropes & Gray prepares to offer Hong Kong law advice with local hires

Ropes & Gray has hired two Hong Kong partners in preparation for the launch of its Hong Kong law practice on 28 May. (read the rest of the story…) Related items Kirkland & Ellis Targets Asia Deals With Skadden, Latham Hong Kong Hires Kirkland & Ellis Hire Skadden, Latham Partners in Hong Kong Push...

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Hong Kong economy slowed in first quarter

HONG KONG: Hong Kong’s economic growth slowed sharply in the first quarter of the year due to sluggish exports and a weak global economy, the government said. (read the rest of the story…) Related items Hong Kong economy slows in Jan-Mar Hong Kong economic growth slows to 0.4% in January-March Hong Kong Exchange Considers...

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Hong Kong economy slows in Jan-Mar

HONG KONG: Hong Kong's economic growth slowed sharply in the first quarter of the year due to sluggish exports and a weak global economy, the government said Friday. (read the rest of the story…) Related items Hong Kong economy slowed in first quarter Hong Kong economic growth slows to 0.4% in January-March Asian markets...

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Hong Kong economic growth slows to 0.4% in January-March

HONG KONG – Hong Kong's economic growth slowed sharply in the first quarter of the year due to sluggish exports and a weak global economy, the government said Friday, May 11. The economy grew 0.4% year-on-year in the first 3 months of the year compared with 3% in the … (read the rest of...

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IPOs Get Riskier for Bankers as Hong Kong Weighs Prison Terms

Bankers may face prison for misleading information in share-sale documents under a proposal by Hong Kong regulators that could raise the cost and risk of arranging initial public offerings in the city. (read the rest of the story…) Related items IMF Says Hong Kong At Risk Of Recession IMF: Hong Kong In Risk Of...

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Hong Kong Exchanges Said to Hire Banks for LME Bid Loan

LME, the world’s biggest metals bourse, began a process in September that it said may lead to its sale. CME Group Inc. (CME) , NYSE Euronext (NYX) and IntercontinentalExchange Inc. (ICE) were among suitors to submit offers before a May 7 deadline, according to five people with direct knowledge of the matter. (read the...

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Aviva puts Malaysian business on block – sources

HONG KONG (Reuters) – British insurer Aviva plc has put its Malaysian operations on the block and is close to hiring a bank to help with the sale process, sources familiar with the matter told Reuters, in a deal potentially worth about $200 million (124 million pounds). Related Stories London finance firms seen cutting...

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Cadwalader Adds Three Top Capital Markets Attorneys to Hong Kong

HONG KONG and NEW YORK, May 7, 2012 /PRNewswire/ – Cadwalader, Wickersham & Taft LLP (Cadwalader), a leading counsellor to global financial institutions and corporations, today announced a substantial … (read the rest of the story…) Related items Cadwalader Adds Leading Structured Finance Lawyer to Hong Kong Office Ropes & Gray prepares to offer Hong...

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HSBC To Expand Renminbi Facility

British giant HSBC (Hongkong Shanghai Banking Corp.) is looking to expand its renminbi or RMB market in the Philippines to further develop its RMB facility to encourage more trade and financial transactions between China and the region.Spencer Lake, co-head of HSBC Global Markets Global Banking and Markets, in town for four days as delegate...

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