Posts Tagged ‘ Thursday ’

Hong Kong fair showcases booming Asian art market

Asia's premier art fair opens Thursday in Hong Kong, bringing artists, collectors and dealers from around the world to a city whose booming market illustrates a shift in wealth from West to East. The four-day … (more…) Related items Hong Kong positions itself at the center of Asian art scene Angry Birds maker Rovio...

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Hong Kong stocks extend gains; Unicom rallies

HONG KONG (MarketWatch) — Hong Kong shares climbed on Thursday, with financials and property developers leading in the wake of strong overnight gains on Wall Street and after Federal Reserve Chairman Ben Bernanke signaled he is comfortable with current policy. The Hang Seng Index rose 0.6% to 20,760.15 and the Hang Seng China Enterprises...

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Hong Kong property tycoons arrested on suspicion of corruption

HONG KONG — Two of Asia's richest and most influential property tycoons were arrested Thursday in Hong Kong on suspicion of corruption, a case that has also ensnared a former top government official in one of the city's most high-profile bribery allegations in recent memory. The arrests of… (read the news…) Related items Arrested...

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Hong Kong corruption watchdog arrests Kwok brothers

Hong Kong's anti-graft body on Thursday arrested two of Asia's richest property developers, Thomas and Raymond Kwok, for alleged corruption as part of an ongoing bribery probe. (more…) Related items Hong Kong Brothers Lose Billions After Arrests Hong Kong property giant's shares plunge after arrests Billionaire Kwok brothers arrested for graft in Hong Kong...

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Billionaire Kwok brothers arrested for graft in Hong Kong

Hong Kong's Independent Commission Against Corruption on Thursday arrested the chairmen of Sun Hung Kai Properties, brothers Raymond and Thomas Kwok, on suspicion of corruption, the company said. The Kwoks … (more…) Related items Hong Kong tycoons' brother arrested in graft probe Hong Kong Brothers Lose Billions After Arrests Sun Hung Kai dives as...

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Hong Kong Shares Rise On Metal, Property Stocks

Hong Kong shares opened higher Thursday after falling for three straight sessions, with bargain buying in metal and Chinese property developers leading the rebound. (read the news…) Related items Hong Kong shares suffer 4th loss, China’s winning streak snapped May Day Alarm For Chinese Property Plays Hong Kong, China shares rise, Chinese property strong...

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Hong Kong chief pledges to cooperate with graft probe

Hong Kong leader Donald Tsang promised Thursday to cooperate with an investigation into his alleged ties to rich tycoons, after revelations of his jaunts on private jets and yachts. (read the news…) Related items Hong Kong Shares Rise On Metal, Property Stocks Thousands protest against Hong Kong's outgoing leader Hong Kong property market tipped...

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Hong Kong Shares Down as Chinese Developers Slump; Shanghai Slips

Hong Kong and China shares fell on Thursday, pulled down by Chinese banks and developers on renewed fears of capital-raising in those sectors and by media reports that bank lending in February was lower than expected. (read the news…) Related items Hong Kong property sales slump in April Hong Kong, China shares up but...

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UK's White Cube opens HK gallery as Asia art booms

Britain's White Cube gallery, known as an early champion of provocative British artists Damien Hirst and Tracey Emin, launched its Hong Kong branch on Thursday, becoming the latest Western gallery to open an Asian outpost in pursuit of China's booming art market. (read on…) Related items Britain's White Cube gallery opens Hong Kong branch...

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Thursday preview: WPP set to bank a billion

Advertising firms are often said to be first into a recession, and among the last out, so results from the giant of the UK industry, WPP, could give a good clue as to which way the economic winds are blowing, … (read the story…) Related items Wednesday preview: Compass, Cineworld STOCKS NEWS SINGAPORE-Singapore shares...

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