Hong Kong government consults on financial resolution powers

HONG KONG Nov 22 The Hong Kong government on Tuesday began a consultation process on new powers the banking, insurance and securities regulators can use to wind down troubled financial institutions. The proposal outlines how the regulators may use the so ... ( read original story ...)

E-commerce gives lifeline to sinking HK retail sector

The sector has been slumping for the last 19 months, forcing desperate industry operators, especially small and medium-sized retailers, to search for new business opportunities. To be sure, the Hong Kong retail sector's sales have been falling. But ... ( read original story ...)

Asian stocks ride Wall Street rally, oil extends gains

HONG KONG (Reuters) - Asian stocks rose on Tuesday in the wake of solid gains in U.S. markets overnight, while the Japanese yen briefly strengthened after a powerful earthquake rocked northern Japan. Oil extended gains in Asian trading with U.S. West Texas ... ( read original story ...)