The British central bank left its key rate at a record low and cut its growth ... Japan's benchmark Nikkei 225 lost 0.3 per cent and the Kospi of South Korea dropped 1.7 per cent. Hong Kong's Hang Seng sank 0.3 per cent. ( read original story ...)
AUSTRAC launches action against CBA over $624m in suspect transactions
Commonwealth Bank said in response to the allegations that it takes its ... AUSTRAC CEO Paul Jevtovic left the regulator in April to take up a role with HSBC in Hong Kong. AUSTRAC says $89 million in cash was deposited in the machines during the first ... ( read original story ...)
Nam A Bank signs bancassurance partnership with FWD
Nam A bank aims to establish itself as one of Viet Nam’s most ... an Asia-based private investment group. FWD operates in Hong Kong and Macau, Thailand, Indonesia, the Philippines, Singapore, Japan and Viet Nam, offering life, medical and general ... ( read original story ...)
10 million bubbles take over Hong Kong
Japanese artist Shinji Ohmaki sets off 10 million bubbles as a part of his 'Memorial Rebirth' art installation. (Aug. 3) Vox.com 6:42 ( read original story ...)
Short Seller Threat Has Hong Kong Rally Skipping Small Caps
Big caps rule Hang Seng’s Asia-beating gains on mainland bids Bocom, Fidelity see small equities continuing to underperform Hong Kong stocks may be Asia’s star performers this year, but it hasn’t done much to revive the fortunes of the market’s ... ( read original story ...)
Wang Chau villagers threaten ‘bloody fight’ in the face of eviction under Hong Kong housing plan
Villagers facing eviction on Thursday over a controversial public housing plan in Hong Kong’s New Territories have threatened to put up a fight that could turn ugly if their requests fall on deaf ears. About 400 residents living in three squatter ... ( read original story ...)
Hong Kong’s tiny flats pile up as property market dangers grow
HONG KONG: Tiny flats are flooding Hong Kong as developers rush to target first-time buyers struggling to get into the world’s priciest market. Inventories of new flats smaller than 431 square feet (40 square meters) rose to about 1,400 at the end of ... ( read original story ...)
Hong Kong to set up civil service academy similar to Singapore’s: Carrie Lam
Hong Kong intends to take a leaf out of Singapore’s public sector playbook by setting up a civil service academy similar to the one here, its Chief Executive Carrie Lam said on Thursday (Aug 3). Love in the face of Tourette's Schoolmates taunted him. ( read original story ...)
Hong Kong tycoon Li ‘cautious’ as profits rise
HONG KONG: Hong Kong tycoon Li Ka-shing's flagship CK Hutchison on Thursday (Aug 3) saw profits up seven per cent in the first half of 2017, boosted by its European telecoms operations. The billionaire, who turned 89 on Saturday, said he was "cautiously ... ( read original story ...)
Screen time on rise as Hong Kong toddlers given electronic devices as ‘e-pacifiers’ from before age of one
Toddlers in Hong Kong younger than the age of one are being given electronic devices as “e-pacifiers”, while the number of children spending long hours on devices is five times higher than three years ago, the Department of Health has found. ( read original story ...)
Millions of bubbles spew into Hong Kong for art exhibit
People in Hong Kong will have the chance to experience Bubble Up for the next two and a half weeks before the exhibition comes to a close to Aug. 20. ( read original story ...)
Hong Kong’s first bike-sharing app Gobee.bike raises US$9 million in venture capital round
Hong Kong’s bike-sharing service Gobee.bike said on Thursday that it has raised US$9 million in its first venture capital round of funding, as the startup looks to finance its expansion in the city and overseas. The Series A funding round was led by ... ( read original story ...)
Business conditions in Hong Kong improving at fastest rate in last three years, according to key survey results
Hong Kong’s private sector grew at its fastest rate in nearly three and a half years last month due to greater demand from across the border, though the prospect of higher interest rates is still causing pessimism at companies, a key economic indicator ... ( read original story ...)
Hong Kong stocks slip, weighed down by financial, energy shares
Aug 3 (Reuters) - Hong Kong stocks followed other Asian markets lower on Thursday, as investors paused for breath after recent strong gains in financial and resources firms. The Hang Seng index fell 0.3 percent, to 27,531.01 points, while the China ... ( read original story ...)