As expected UK Broadband (UKB), the sibling of Hong Kong based telecoms giant PCCW, has announced that Swindon will be the “first local authority in the UK” to benefit from a borough-wide superfast “4G” Mobile Broadband service over its 3.5GHz based Long Term Evolution (LTE) network. It emerged last year that the borough of...
HONG KONG: China Mobile Ltd, the world’s biggest wireless carrier by subscribers, reported a 3.5% rise in first-quarter net profit as an increase mobile data use helped offset the impact of handset subsidies and declining voice revenue. (more…) Related items 18. China Mobile Q1 earnings up on data use 20. China Mobile Q1 earnings...
HONG KONG: China Mobile Ltd, the world's biggest wireless carrier by subscribers, reported a 3.5% rise in first-quarter net profit as an increase mobile data use helped offset the impact of handset subsidies and declining voice revenue. (more…) Related items China Mobile Q1 earnings up on data use 20. China Mobile Q1 earnings up...
China Mobile posted a 3.5 percent rise in quarterly profit and marked its entry into 4G wireless technology on Friday, launching services in Hong Kong as it aims to boost data revenue and eventually clinch … (more…) Related items China Mobile first-half net profit up 6.3 percent China Mobile expands 4G footprint with Hong...
SHANGHAI/HONG KONG (Reuters) – To foreign bondholders of Fosun International, concerns seem to be growing around the business prospects of the Chinese industrial conglomerate. To its onshore Chinese bondholders, however, the business outlook looks rosy. The situation is the same at China Shanshui Cement Group . The yuan notes it issued in October 2010...
HONG KONG (MarketWatch) — Hong Kong shares retreated Friday as weak U.S. jobs data and a pullback on Wall Street pressured commodity stocks and most financials, although insurer AIA Group Ltd. climbed after reporting strong operational data for the first quarter. The benchmark Hang Seng Index fell 0.4% to 20,906.94 and the Hang Seng...
Singapore tops Hong Kong on a quality-of-life survey, again. The gap is smaller this year, but only because Tokyo and Yokohama suffered through a natural disaster. So tell us, why do you live in Hong Kong? (read on…) Related items HSBC sells insurance units in Asia, South America Julius Baer to buy Macquarie’s Asia...
Hong Kong's stock exchange operator says it's launching a futures contract denominated in yuan, the latest step in promoting the Asian financial center as an offshore trading hub for China's currency. (read on…) Related items Manchester United eyes Hong Kong listing Malaysian listed XiDeLang eyes dual listing in Hong Kong Hong Kong traders face...
HONG KONG (Reuters) – British insurer Prudential Plc is considering bidding for the insurance business of Thailand's Thanachart Bank, sources said, in an around $500 million (310 million pounds) deal that would help it better tackle arch rival AIA in the Southeast Asian nation. The Thanachart Bank unit, which is set to be auctioned,...
Hong Kong is still in contention for English football giants Manchester United's planned share sale in Asia, Singapore's Straits Times newspaper reported Friday. (read the story…) Related items Sun Art Raises $1 Billion In Hong Kong IPO CIC, Sinopec among investors in oil sands IPO: source Graff Plans Hong Kong IPO En+ Eyes Hong...
Haitong Securities Co Ltd, China's second-biggest brokerage by assets, priced its $1.7 billion Hong Kong share offering near the bottom of an indicative range on Friday, leaving room for its shares to … (read the story…) Related items Haitong's $1.77 billion offer tests Hong Kong demand for listings Haitong Securities flat in HK debut...
To boost Hong Kong's external trade by lowering transaction costs and thereby benefiting the import-export sector, the Commerce and Economic Development Bureau has proposed halving import and export declaration charges (TDEC). (read the story…) Related items Hong Kong Revises Bank Market Entry Criteria Hong Kong To Trade Renminbi Futures Hong Kong To Foster Ties...
The present trinity of the US economy, European sovereign debt and Chinese growth and investment has all provided to fuel the economy for the US troubled markets. (PRWeb April 20, 2012) Read the full story at http://www.prweb.com/releases/2012/4/prweb9414534.htm (read the story…) Related items World stocks rise on better US economic figures, hopes for strong action...
HONG KONG, April 20 — Hong Kong and China shares ended the week higher, helped by gains in financial stocks on hopes of more policy easing by Beijing, although volume in the territory’s stocks fell to a three-month low because of renewed uncertainty over Europe. Earlier this week, the official Xinhua news agency quoted...
MACAU/HONG KONG (Reuters) – High-profile Hong Kong businessman Steven Lo testified in a corruption trial in Macau on Friday that he was the former owner of Moon Ocean, a company that he sold to property tycoon Joseph Lau that is developing a residential project near Macau's airport. Lo told the Macau Court of Final...
Macau casino magnate Stanley Ho Hung-sun, pictured, is saying goodbye to one of the first properties he built. (read the news…) Related items OPINION: Developers – the real landlordsBy Seah Chiang Nee in Kuala Lumpur/The Star/31 December 2011 = Kuala Lumpur … OPINION: Developers – the real landlords Hong Kong Q1 GDP Growth Slows...
China's foreign direct investment (FDI) fell for a fifth straight month in March as the European debt crisis worsened and the world's second-largest economy registered weaker growth. The Ministry of ….. (read the news…) Related items China braces as Europe’s simmering crisis adds to strains on economy with its own problems Singapore Draws Hong...
Taxation of shares and dividends Taxation – UK residents The following is a summary, under current law, of certain UK tax considerations that are likely to be material to the ownership and disposition … (read the news…) Related items HSBC Holdings PLC – Annual Financial Report – 29 of 44 UPDATE 2-Tight liquidity...
