World stocks gain as investors asses economic data, earnings

RATES DOWN UNDER: Australia's central bank officials opted to leave interest rates unchanged ... 19,985.79 while South Korea's Kospi advanced 0.8 per cent to 2,422.96. Hong Kong's Hang Seng gained 0.8 per cent to 27,540.23 and the Shanghai Composite ... ( read original story ...)

Probe on controversial statement against North Korea

the National Development Bank, the Hong Kong and Shanghai Banking Corporation, the People’s Bank and the Bank of Ceylon. A Government official said a decision on the bank or banks is now being made. PM wants blood reports within two hours Prime Minister ... ( read original story ...)

Swire Pacific Chairman: Hong Kong’s Best Days Are Ahead

the local stock market unexpectedly became the top IPO generator in the world. The city has become a key trading hub for offshore renminbi (a special class of Chinese currency) as China has sought to assert its financial clout internationally. Hong Kong ... ( read original story ...)

New Hong Kong bishop signals need for political reform drive

The comment was made by Hong Kong’s new bishop, Michael Yeung Ming-cheung ... former leader Donald Tsang Yam-kuen and his wife Selina Tsang Pou Siu-mei, finance minister Paul Chan Mo-po, labour minister Law Chi-kwong and food and health chief Sophia ... ( read original story ...)

Waterloo Station: £800m revamp begins with signal failure

First Group and Hong Kong-based MTR will take over the South West Trains franchise from Stagecoach on 20 August. The Waterloo work will culminate over the August bank holiday weekend, when it will be one of a number of large projects being carried out. ( read original story ...)

How drug syndicates laundered $44 million through CBA

The AFP pressured the bank to escalate their request for documents "to the highest priority at CBA" noting $21 million had been laundered by the syndicate and five people arrested, including three in Hong Kong. The bank agreed to close the accounts ... ( read original story ...)