Tag Archive

Hong Kong stocks close flat as HSBC ends lower (People’s Daily)

March 19, 2009 | REAL ESTATE

Hong Kong stocks edged up a modest 13.75 points, or 0.10 percent, to end at 13,130.92 Thursday after fluctuating around the previous close. The benchmark Hang Seng Index managed to stay above the 13,000 mark but there has been profit taking on market heavyweight HSBC, which has previously recorded a seven-day rally that accumulated...
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Report: Hong Kong tops global office rental list on lesser fall in 2008 (People’s Daily)

March 19, 2009 | BUSINESS

Hong Kong office rentals fell slightly in 2008 and became the most expensive in the world as rentals for top class offices in other major cities worldwide fell even more, a latest industry report said. The average annual rental for each square foot of grade A offices in the central business district of Hong...
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Dispute halts 500 million dollars expansion of Hong Kong Disneyland (New Kerala)

March 17, 2009 | NEWS

Hong Kong, March 17 : An anticipated 500 million dollars expansion of Hong Kong’s struggling Disneyland theme park has been put on hold, a news report said Tuesday. (read the story…) Related items Dispute halts 500-million-dollar expansion of Hong Kong Disneyland (EARTHtimes.org) Hong Kong Dollar Rebounds Against Greenback (Nasdaq) (AFX UK Focus) 2009-03-10 04:42 Hong Kong dollar steady, interbank...
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Dispute halts 500-million-dollar expansion of Hong Kong Disneyland (EARTHtimes.org)

March 17, 2009 | NEWS

Hong Kong – An anticipated 500-million-US-dollar expansion of Hong Kong’s struggling Disneyland theme park has been put on hold, a news report said Tuesday. Disney has laid off 30 planners and halted all creative and design work on the expansion afte… (read the story…) Related items Dispute halts 500 million dollars expansion of Hong Kong Disneyland (New...
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Hong Kong Dollar Rebounds Against Greenback (Nasdaq)

March 17, 2009 | NEWS

(RTTNews) – The Hong Kong dollar rebounded against the greenback after trading lower during Tuesday’s early deals. The Hong Kong currency thus rose from 7.7532 to 7.7520 versus the US dollar by about 6:25 am ET. The pair was worth 7.7520 at Monday’s close. (read the story…) Related items Global downturn cuts mainland’s trade with Taiwan, HK...
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Daylight bank robbers ransack safe deposit boxes in Hong Kong (EARTHtimes.org)

March 11, 2009 | TRAVEL

Hong Kong – Bank robbers emptied safe deposit boxes Wednesday at a Hong Kong bank during regular opening hours and stole more than 500,000 US dollars worth of cash and valuables, police said. Police identified the gang as Colombian and said its membe… (read more…) Related items Hong Kong Stocks Advance on Policy Speculation; HSBC Rallies (Bloomberg) Hong...
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(AFX UK Focus) 2009-03-10 04:42 Hong Kong dollar steady, interbank rates edge up (Interactive Investor)

March 10, 2009 | NEWS

HONG KONG, March 10 (Reuters) – The following is a snapshot of the Hong Kong foreign exchange and money markets on Tuesday. Morning Previous Close At 0317 GMT At 1000 GMT (read the story…) Related items (AFX UK Focus) 2009-01-23 10:40 Hong Kong dollar inches higher in late trade (Interactive Investor) (AFX UK Focus) 2009-03-02 10:55 Hong Kong...
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HSBC to scale back US consumer finance arm: report (AFP via Yahoo! Canada News)

March 3, 2009 | FINANCE

HONG KONG (AFP) – HSBC on Monday will announce plans to scale back its US consumer finance operations as it launches a 17 billion US dollar rights issues to boost its capital base, the Financial Times reported. (read the rest of the story…) Related items China, Hong Kong sign 200-bln-yuan swap agreement: central bank (AFP via...
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(AFX UK Focus) 2009-03-02 10:55 Hong Kong dollar falls to one-month low (Interactive Investor)

March 2, 2009 | BUSINESS

HONG KONG, March 2 (Reuters) – The following is a snapshot of the Hong Kong foreign exchange and money markets in late trade on Monday. Close Mid-day Previous Close At 0900 GMT At 0432 GMT At 0858 GMT (read on…) Related items Singapore dollar falls to 6-day low against US and Hong Kong counterparts (Nasdaq) (AFX UK Focus)...
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HSBC to scale back US consumer finance arm (Channel NewsAsia)

March 2, 2009 | FINANCE

HONG KONG: HSBC on Monday will announce plans to scale back its US consumer finance operations as it launches a 17 billion US dollar rights issues to boost its capital base, the Financial Times reported. (read the rest of the story…) Related items HSBC’s finance chief says bailout "unthinkable" (Channel NewsAsia) HSBC Shares Surge To Lead Hong Kong...
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