Hong Kong: Stocks end sharply higher

[HONG KONG] Hong Kong stocks soared Tuesday, tracking a rally across Asia and in New York, with energy firms the big winners as oil prices were boosted by hopes of a deal to cut production. The Hang Seng index rose 1.43 per cent, or 320.29 points ... ( read original story ...)

Hong Kong shares surge after US gains set bullish tone for Asia

Nov 22 Hong Kong stocks posted their biggest gain in nearly two weeks ... in energy shares on prospects of oil producing countries agreeing to curb output. The Hang Seng index rose 1.4 percent, to 22,678.07, while the China Enterprises Index gained 2.2 ... ( read original story ...)

Hong Kong Disneyland to expand with $1.4 billion investment

HONG KONG (Reuters) - Walt Disney will expand its loss-making Hong Kong Disneyland theme park with a $1.4 billion investment to try to attract more visitors, the U.S. entertainment company and its local government partner said on Tuesday. Hong Kong ... ( read original story ...)

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 ...)

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 ...)

Bahrain on charm offensive to expand ICT ties with Hong Kong

The kingdom, less than two-thirds the size of Hong Kong, is also home to about 400 Islamic financial institutions. According to the EDB’s latest report, its non-oil sector grew by 3.6% in the second quarter of 2016 and now accounts for more than 80% of GDP. ( read original story ...)

Asian Stocks Drop as Fed Hike Nears; Nikkei 225 in Bull Market

Asian stocks fell, with the regional gauge heading for a fourth weekly decline, after Federal Reserve Chair Janet Yellen signaled the U.S. central bank is close to raising ... than five points short. Hong Kong’s Hang Seng Index rose for the first time ... ( read original story ...)

HSBC launches private banking services in Australia

HONG KONG (Reuters) - HSBC Holdings Plc on Thursday launched its private banking services in Australia, as part of its plans to expand business presence in the Asia Pacific region. The bank will offer private banking services to Australian clients ... ( read original story ...)