The following keynote speech given by former finance minister and Gua Musang parliamentarian Tengku Razaleigh Hamzah at the 4th...
Read more »
FINANCE
Documents detail $5.9b payout
NEW YORK – INTERNATIONAL banks and financial companies in Germany, Spain, Ireland, Britain and Hong Kong were indirect beneficiaries of the government’s 2008 bailout of American International Group Inc, according to newly released documents. The documents released by Senator Chuck Grassley contain a list of the 27 banks, hedge funds and financial companies that...
Read more »
Hang Seng Index closed at 20,815.33, up 225.63 points
HONG KONG – The Hang Seng Index closed at 20,815.33 on Friday, up 225.63 points or 1.10 per cent. This article has not yet been rated.
(read the rest of the story…)
Read more »
Hong Kong shares advance with Asian peers
LOS ANGELES (MarketWatch) — Hong Kong stocks followed other Asian exchanges higher early Friday, with financials, resources and exporters all advancing. The Hang Seng Index rose 0.8% to 20,753.3 in the early minutes, while the Hang Seng China Enterprises Index was up 1% at 11,874.0. Among banks, HSBC Holdings PLC rose 1.2%, China Construction...
Read more »
Hong Kong Index Rises to One-Month High as U.S. Earnings Prompt Optimism
Hong Kong stocks rose, lifting the benchmark index to a one-month high, after U.S. companies boosted earnings forecasts, fueling optimism of a global economic recovery.
(read the rest of the story…)
Read more »
Hang Seng Index closed at 20,589.70, up 102.47 points
HONG KONG – The Hang Seng Index closed at 20,589.70 on Thursday, up 102.47 points or 0.50 per cent. This article has not yet been rated.
(read the rest of the story…)
Read more »
Hong Kong stocks end 0.5% up
Hong Kong stocks rose 102.47 points, or 0.5 percent, to end at 20,589.70 on Thursday, tracking gains on mainland markets. The benchmark Hang Seng Index opened slightly higher and traded between 20,592.46 and 20,384.73 before closing the day’s session.
(read the rest of the story…)
Read more »
Hong Kong Stocks Expected To Open Lower
The Hong Kong stock market has finished higher now in back-to-back sessions, gathering nearly 400 points or 1.9 percent along the way. The Hang Seng Index finished just below the 20,500-point plateau, but now analysts are predicting renewed selling pressure at the opening of trade on Thursday.
(read the rest of the story…)
Read more »
Henderson Billionaire Lee Has Analysts’ Backing as Hong Kong Probes Sales
Henderson Land Development Co. , the flagship company of Hong Kong’s second-richest man, has lost 20 percent of its market value this year as it became the focus of government efforts to curb property prices and police raided its offices. Now some analysts say it’s time to buy.
(read the rest of the story…)
Read more »
Hang Seng Index closed at 20,487.23, up 222.64 points
HONG KONG – The Hang Seng Index closed at 20,487.23 on Wednesday, up 222.64 points or 1.10 per cent. This article has not yet been rated.
(read the rest of the story…)
Read more »
Hong Kong Stocks May Continue To Rebound
(RTTNews) – The Hong Kong stock market on Tuesday put an end to the three-day losing streak in which it had retreated more than 450 points or 2.2 percent.
(read the rest of the story…)
Read more »