NEWS

Hong Kong Economy Grows Less-Than-Estimated 3% for Quarter

Hong Kong’s economy grew a less- than-estimated 3 percent in the fourth quarter from a year earlier as Europe’s debt crisis damped exports. (read the story…) Related items Hong Kong’s Tsang Sees Risk of Recession After Europe Erupts Hong Kong Stocks Slide Most in Two Weeks as China Growth Slows World stocks higher ahead...

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Hong Kong Plans $10 Billion Boost to Economy as Growth Cools

Hong Kong will spend nearly HK$80 billion ($10.3 billion) to bolster growth as the government forecasts the weakest expansion since 2009 on a “bleak” outlook for the U.S. and Europe. (read the story…) Related items Hong Kong September Exports Decline First Time in 2 Years Hong Kong May Hand Out $5.2 Billion in Budget...

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Hong Kong based businessman cheated by two Delhi con men

A Hong Kong-based Indian businessman has alleged he was cheated to the tune of Rs.2.55 crore by two Delhi residents who promised to supply him silicon manganese for selling to Arcelor Mittal, police said Thursday. (read the story…) Related items Virginian cast as center of Hong Kong plot Bank of China Shares Rise on...

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Hong Kong Shares Achieve Best January in 16 Years, Shanghai Up

Hong Kong shares rose on Tuesday with the Hang Seng Index streaking to its best January since 1996, but further upside is expected to be capped going into earnings season after several profit warnings from mainland companies. (read the story…) Related items Hong Kong and China Shares Decline, Chinese Banks Drag Asia Private Equity...

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Hong Kong To Implement AML Guidelines

Following the release of a set of consultation conclusions, Hong Kong’s Securities and Futures Commission (SFC) has announced the gazetting of a new set of guidelines on anti-money laundering (AML) and counter-terrorist financing (CFT), which will take effect on April 1, 2012. (read the story…) Related items Hong Kong Issues Advice On RMB Investment...

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Hong Kong May Hand Out $5.2 Billion in Budget Amid Slowdown

Hong Kong Financial Secretary John Tsang may hand out as much as HK$40 billion ($5.2 billion) in his last budget tomorrow, from tax rebates to property-rate waivers, as an economic slowdown starts to bite. (read the story…) Related items Hong Kong May Hand out $5.2 Billion in Budget as Slowdown Bites H.K. May Hand...

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HKUST school means business

It's good news – and a little bit of bad – for Hong Kong University of Science and Technology Business School. (read the story…) Related items Hong Kong University Of Science And Technology Top 2011 Asian University Rankings En+ Eyes Hong Kong IPO 16. eBay eyes new investments in China, Japan Asian markets cautiously...

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Artificial Life Releases App Toys With WowWee

HONG KONG — Artificial Life, Inc. (OTCPK:ALIF.PK – News), a Hong Kong based investment company, today announced upcoming release of app toys developed with WowWee Group Limited under the brand AppGear(TM). (read the story…) Related items Artificial Life Sues KPMG Hong Kong for Damage Exceeding US$ 100 million CIC, Sinopec among investors in oil...

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PHL economy slowed down in 2011 – NSCB

The Philippine economy grew to a slower place at 3.7 percent in 2011, the first full year of President Benigno Aquino III’s administration, compared to 7.6 percent in 2010, according to the latest government data released Monday. (read the story…) Related items Hong Kong’s e-economy booming: Google PHL govt pins underspending, euro debt, sluggish...

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Hong Kong May Hand out $5.2 Billion in Budget as Slowdown Bites

Hong Kong Financial Secretary John Tsang may hand out as much as HK$40 billion ($5.2 billion) in his last budget tomorrow, from tax rebates to property-rate waivers, as an economic slowdown starts to bite. (read the story…) Related items Hong Kong May Hand Out $5.2 Billion in Budget Amid Slowdown H.K. May Hand Out...

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