World Bank raises Asia growth forecast, warns of NKorea risk

HONG KONG (AP) — The World Bank raised its growth forecast for the developing economies of East Asia and the Pacific on Wednesday but warned that risks included rising protectionism and escalating tensions over North Korea. In an update to its annual ... ( read original story ...)

Fraudulent website related to Hang Seng Bank, Limited

The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Hang Seng Bank, Limited on a fraudulent website, which has been reported to the HKMA. Hyperlink to the press release is available on the HKMA website ... ( read original story ...)

Hong Kong stocks surge as banks, insurers lead

HONG KONG, Oct 4 (Reuters) - Hong Kong stocks rose on Wednesday, extending gains made in the previous trading session, with Chinese banks and insurers leading the surge after China’s central bank cut reserve ratios over the weekend. The blue chip Hang ... ( read original story ...)

HSBC declares dividend

HSBC (0005) yesterday declared a third interim dividend of US$0.10 (78 HK cents) per ordinary share. A scrip dividend will also be offered. Hang Seng Bank (0011) also declared a third interim dividend - HK$1.20 per share.According to the latest global ... ( read original story ...)

Hong Kong bank mistakenly dumps customer cheque deposit box

The Bank of East Asia has urged anyone who put cheques into a collection box at its Cheung Sha Wan branch on a day last month to contact them after it realised that the box was “accidentally” dumped by renovation workers. In an announcement on its ... ( read original story ...)

Hang Seng, Nikkei lead market gains in Asia

Asian equity markets were broadly higher on Tuesday, with stocks in Hong Kong and Japan leading gains to track overnight strength on Wall Street, thanks to upbeat U.S. data. The Hang Seng Index HSI ... 0.2% and the Commonwealth Bank of Australia CBA ... ( read original story ...)

HK stocks surge as China reserve cut boosts banks; casinos up

HONG KONG: Hong Kong stocks jumped on Tuesday, led by mainland banks after China's central bank cut reserve ratios and as materials shares found support from economic data out of Beijing that showed stronger-than-expected factory activity. The blue chip ... ( read original story ...)

Japan, Hong Kong shares track Wall Street advance

TOKYO (AP) -- Shares in Japan and Hong Kong gained Tuesday, tracking an overnight rally on Wall Street, where indexes set fresh record highs. Australia's S&P/ASX 200 fell, and the South Korean and Shanghai markets were closed for national holidays. ( read original story ...)

Hong Kong stocks rise as China reserve cut boosts banks

Casino stocks up on strong growth in Macau’s gaming revenue * Chinese banks up as central bank cut cash reserve rate Oct 3 (Reuters) - Hong Kong stocks rose on Tuesday, led by Chinese banks and insurers after China’s central bank cut reserve ratios and ... ( read original story ...)