Billionaire Kwok brothers arrested for graft in Hong Kong

March 30, 2012 | TELECOM

Hong Kong's Independent Commission Against Corruption on Thursday arrested the chairmen of Sun Hung Kai Properties, brothers Raymond and Thomas Kwok, on suspicion of corruption, the company said. The Kwoks … (more…) Related items Hong Kong tycoons' brother arrested in graft probe Hong Kong Brothers Lose Billions After Arrests Sun Hung Kai dives as...

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Hutchison 2011 profit surges to HK$56b

March 30, 2012 | TELECOM

HONG KONG: Hutchison Whampoa Ltd, billionaire Li Ka-shing's biggest company, posted full-year profit that more than doubled after boosting earnings from the UK utilities, Canadian oil production and cosmetics stores in China. Net income rose to HK$56 billion (RM22.13 billion) in 2011, from a restated HK$20.2 billion (RM7.98 billion) a year earlier, the Hong...

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UPDATE 1-Hutchison 2011 profit beats forecast, gains from spin-off

March 30, 2012 | TELECOM

* Hutch shares fall 0.44 pct ahead of results * Infrastructure, energy, retail boost growth * China monetary tightening is uncertainty -Li HONG KONG, March 29 (Reuters) – Hutchison Whampoa Ltd, billionaire … (more…) Related items Hutchison 2011 profit surges to HK$56b Hong Kong’s Hutchison Whampoa posts 47 per cent jump in 2010 profit...

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Hong Kong's Sun Hung Kai says Kwok brothers arrested for graft

March 29, 2012 | REAL ESTATE

HONG KONG (Reuters) – Hong Kong's Independent Commission Against Corruption on Thursday arrested the chairmen of Sun Hung Kai Properties, brothers Raymond and Thomas Kwok, on suspicion of corruption, the company said. The Kwoks own $18.3 billion (11.5 billion pounds), the second-biggest family fortune in Hong Kong after Asia's richest man, Li Ka-shing, founder...

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Hong Kong's Hutchison Whampoa profit rises 178%

March 29, 2012 | REAL ESTATE

Hong Kong's Hutchison Whampoa, controlled by Asia's richest man Li Ka-shing, said Thursday its 2011 net profit leapt 178 percent thanks to strong recurring revenue, earnings and cashflow growth.The conglomerate … (read the news…) Related items Hong Kong Property: Is Li Ka-Shing Really That Bullish? PRESS DIGEST – Hong Kong – May 23 Third...

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HK's Sun Hung Kai says Kwok brothers arrested for graft

March 29, 2012 | REAL ESTATE

HONG KONG (Reuters) – Hong Kong's Independent Commission Against Corruption on Thursday arrested the chairmen of Sun Hung Kai Properties, brothers Raymond and Thomas Kwok, on suspicion of corruption, the company said. The Kwoks own $18.3 billion, the second-biggest family fortune in Hong Kong after Asia's richest man, Li Ka-shing, founder of rival developer...

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HK graft police arrest 2 execs, ex-gov't official

March 29, 2012 | REAL ESTATE

Two billionaire brothers who run Hong Kong's biggest property developer were arrested by anti-corruption police, along with a former senior government official for suspected corruption, the company and investigators said Thursday. (read the news…) Related items HK graft police arrest property tycoon brothers Hong Kong corruption police arrest billionaire brothers who run developer, ex-gov't...

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Hong Kong’s Kwok Brothers Arrested

March 29, 2012 | REAL ESTATE

An anti-corruption regulator said it had arrested Raymond and Thomas Kwok, billionaire brothers who run the biggest real estate company in the city, accusing them of suspected corruption. (read the news…) Related items Hong Kong mag names Vista Land one of top firms in RP Hong Kong property tycoons protest innocence after arrests Arrested...

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Pursuit of real estate by rich lifting up Hong Kong prices

March 29, 2012 | REAL ESTATE

Shanghai (China Daily/ANN) – More and more wealthy people on the mainland are trying to buy properties in Hong Kong, according to the 2012 edition of The Wealth Report, which was released on Wednesday by the consultancy Knight Frank LLP and the wealth manager Citi Private Bank. (read the news…) Related items Singapore, Hong...

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Hong Kong Court Overturns Ruling on Domestic Workers

March 29, 2012 | OPPORTUNITY

A Hong Kong court on Wednesday overturned a ruling last year that would have allowed foreign-born domestic workers to apply for permanent residency. (more…) Related items After $8 Million Round, 8Securities Raises Additional $1.5 Million New 'affordable' contemporary art fair slated for Hong Kong New contemporary art fair slated for Hong Kong New modern...

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TechFaith to Further Expand Shipments of Android Smartphones into Hong Kong, South Africa and Latin America

March 29, 2012 | NEWS

BEIJING, March 29, 2012 /PRNewswire-Asia/ – China TechFaith Wireless Communication Technology Limited (NASDAQ: CNTF – News) ("TechFaith" or the "Company") today announced it will further … (read the story…) Related items JADE Participates in The 24th Annual ROTH Conference on March 12 Stars Align For Friday’s U.S. Launch Of Galaxy Nexus On Verizon Samsung, Google...

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Asia Markets: Hong Kong leads Asia stock fall

March 29, 2012 | NEWS

Asian shares drop sharply, with commodity firms under pressure around the region, while Hong Kong investors also grapple with a slew of heavyweight earnings. (read the story…) Related items Asia Markets: Japan stocks drop, but Hong Kong advances Hong Kong Bourse Offers Asia’s First Futures on Volatility Asia Markets: Hong Kong stocks lead Asia...

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Cinema One to screen 'Septic Tank' in Boracay

March 29, 2012 | NEWS

MANILA, Philippines — Cable channel Cinema One will screen “Ang Babae Sa Septic Tank” at the White House Beach Resort in Boracay this Saturday, March 31, at 6 p.m. (read the story…) Related items Phl seen rising to 16th largest economy by '50 HSBC sees Phl economy growing 4.8% next year HSBC: Hong Kong...

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China's ZTE says Iran restrictions to have little sales impact

March 29, 2012 | TRAVEL

HONG KONG (Reuters) – ZTE Corp, the world's fourth largest handset producer and fifth-ranked telecoms equipment maker, said on Thursday that limitations on its business operations in Iran would have little impact on overall sales. Related Stories 3i CEO to quit, sees better market conditions TUI Travel says outperforming competitors in UK FTSE 100...

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Apple CEO on China mission to clear up problems

March 29, 2012 | TELECOM

By Lee Chyen Yee and Terril Yue Jones HONG KONG/BEIJING (Reuters) – Apple chief executive Tim Cook on Tuesday held talks with government officials in China, where development of the company's biggest potential … (more…) Related items Apple CEO in China mission to clear up problems Apple sales rocket in China, but growth may...

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Apple CEO Tim Cook in China to clear up problems

March 29, 2012 | TELECOM

Cook is on his first trip to the country since taking over from late co-founder Steve Jobs in August, keeping to a closely guarded agenda that has included talks on Monday with Beijing's mayor and a visit to one of Apple's two stores in the capital. (more…) Related items Apple CEO on China mission...

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Apple CEO has a full agenda for first China trip

March 29, 2012 | TELECOM

Apple chief executive Tim Cook on Tuesday held talks with government officials in China, where development of the company's biggest potential market is clouded by issues. (more…) Related items Apple CEO on China mission to clear up problems Apple CEO Tim Cook in China to clear up problems Apple CEO in China mission to...

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HSBC Holdings PLC – Annual Financial Report – 28 of 44

March 29, 2012 | TELECOM

 Corporate Governance Corporate Governance Report ……………………….. 218 Directors …………………………………………………….. 218 Secretary …………………………………………………….. … (more…) Related items HSBC Holdings PLC – Annual Financial Report – 26 of 41 HSBC Holdings PLC – Interim Report – 20 of 26 HSBC Holdings PLC – Annual Financial Report – 29 of 44 HSBC Holdings PLC – Annual...

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Hong Kong shares drop on energy, telecom stocks

March 29, 2012 | TELECOM

HONG KONG (MarketWatch) — Hong Kong shares declined early Wednesday as the previous day's euphoria over Federal Reserve Chairman Ben Bernanke's comments gave way to a round of profit-taking, with energy and telecommunnication shares leading the fall. The benchmark Hang Seng Index fell 0.4% to 20,956.85 and the Hang Seng China Enterprises Index lost...

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Artificial Life Announces Its Intention to File Form 15 and Deregister Its Shares Under the U.S. Securities Exchange …

March 29, 2012 | NEWS

HONG KONG — Artificial Life, Inc. (OTCPK:ALIF.PK – News), an innovative investment Company, announced today its Board of Directors and its Independent Audit Committee has approved the filing of a Form 15 by the … (read the story…) Related items Artificial Life Releases App Toys With WowWee Artificial Life Sues KPMG Hong Kong for...

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Hong Kong Rugby Sevens 2012

March 29, 2012 | FINANCE

Photos from this year's Hong Kong Rugby Sevens (read the rest of the story…) Related items Hong Kong economy slowed in first quarter 20. Malaysia and Hong Kong sign tax pact Malaysia and Hong Kong sign tax pact Ice age baby mammoth goes on display in Hong Kong Hong Kong Exchange Considers Loan for...

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