Efforts to restore a rare piece of Hong Kong graffiti that was mistakenly painted over last month have left the artwork worse off, according to one avid collector. The calligraphy piece by the late street artist Tsang Tsou-choi, known as the “King of ... ( read original story ...)
Why there is a rift between Hong Kong vets and pet owners
Vets in Hong Kong have complained of declining wages due to increasing competition, as a recent report showed that the number of vets practising in the city has doubled to 800 in 10 years. But the study, published on Tuesday, was panned by animal ... ( read original story ...)
Hong Kong stocks drop the most in 2 weeks as resources shares tumble
SHANGHAI May 5 Hong Kong stocks posted their biggest daily percentage decline ... lows amid lingering worries about economic growth and tighter regulations. The Hang Seng index fell 0.8 percent, to 24,476.35, while the China Enterprises Index lost 1.6 ... ( read original story ...)
Meanwhile In Hong Kong…
The Hong Kong Dollar has plunged to its weakest level against the dollar (to which it is pegged) since February 2016, even as the Hang Seng surges higher. As HKD nears 7.80, triggering likely HKMA intervention, we wonder whether we will see a replay of ... ( read original story ...)
Asian Stocks Reverse Gains Ahead of Fed's Interest Rate Decision
But other benchmarks across Asia fell, with Hong Kong's Hang Seng losing 0.5 percent to 24,567.04 and the ... April and statements from Fed boss Janet Yellen as well as other top bank officials, which could provide some forward guidance to markets. ( read original story ...)
Sensex slips below 30,000, down 133 points in early trade
Federal Bank and Kotak Bank were trading higher by up to 3.76 per cent. Brokers said apart from weak global cues, investors booked profit after recent gains, pushing the indices down. Among Asian markets, Hong Kong's Hang Seng was down 0.87 per cent ... ( read original story ...)
Business in 90 Seconds
In this update: The Reserve Bank says low wages growth is expected to keep ... Looking at Asian markets, the Nikkei is closed in Japan, the Hang Seng is down in Hong Kong, China markets on the Chinese mainland are down too. Wall Street ended little changed ... ( read original story ...)
Morning Update newsletter: Ontario promises solitary reform; Obamacare repeal passes; pig trial ends
Private-sector role in Canada Infrastructure Bank raises conflict-of-interest questions Private ... Tokyo’s Nikkei was closed, but Hong Kong’s Hang Seng and the Shanghai composite each lost 0.8 per cent. In Europe, London’s FTSE 100 was up 0.1 ... ( read original story ...)
US jobs report shores up markets but oil weakens further
ASIA'S DAY: Hong Kong's benchmark Hang Seng index lost 0.8 percent to close at 24,476.35 while the Shanghai Composite index in mainland China shed 0.8 percent to 3,103.04. Australia's S&P/ASX 200 fell 0.7 percent to 5,836.60. Taiwan's benchmark fell and ... ( read original story ...)
Is the ‘Belt and Road Initiative’ a pipe dream or golden goose for Hong Kong investors?
They include the families of Li Ka-shing, the city’s richest man and chairman of CK Hutchison Holdings; Kwok Tak-Seng, founder of ... of opportunities should Hong Kong go into first? Liao Qun, chief economist at China Citic Bank International, said ... ( read original story ...)
Guangzhou Rural gets green light for up to $1 billion HK IPO: IFR
HONG KONG Guangzhou Rural Commercial Bank Co Ltd (GRCB) plans to start pitching an initial public offering of up to $1 billion to investors next week, after getting approval from the Hong Kong stock exchange, IFR reported on Friday, citing people close to ... ( read original story ...)
£1,000 reward for missing owl chicks in Hong Kong
These are external links and will open in a new window A nature lover in Hong Kong is offering the generous sum of HK$10,000 (£993, $1,300) for the return of a pair of baby owl chicks taken from their nest. William Sargent, who works as a snake catcher ... ( read original story ...)
Hong Kong transport and logistic industries say parking fine rise will affect livelihood of commercial drivers
Hong Kong’s transport and logistics industries have joined the chorus of disapproval against the government’s proposed 50 per cent rise in illegal parking fines as the increase, coupled with a recent parking fee raise, will hit professional drivers hard. ( read original story ...)
Retail sales in Hong Kong grow for first time in two years on upbeat demand, visitor figures
Retail sales in Hong Kong grew in March for the first time in about two years at 3.1 per cent, with a recovery on the horizon, according to industry experts. The expansion, the first since February 2015, came in the same month as an uptick in tourism ... ( read original story ...)