5:58 pm - Friday May 18, 2012

Author Archives: musiclover

Hong Kong shares end lower

Hong Kong shares slipped on Monday as weak overseas markets, profit-warnings from Chinese companies and concern over the euro zone debt crisis trumped the longer-term positive of continued steps towards liberalisation of China’s currency.

Hong Kong shares suffer fourth straight loss

Hong Kong shares kicked off the second quarter with a fourth-straight loss on Monday, dragged by further weakness in Sun Hung Kai Properties as funds rolled out of the property giant after its billionaire owners were arrested.

Qantas creates Jetstar Hong Kong

Qantas Airways Ltd has expanded its Asian network, setting up a new joint-venture low-cost carrier, Jetstar Hong Kong to take advantage of the huge market for cheap airfares in China.

HK bourse finishes day trading 0.95 percent lower

Hong Kong shares closed 0.95 percent lower on Monday as the latest data from the United States failed to provide a clear picture on the health of the U.S. economy.

Hong Kong shares up as China Mobile surges

Hong Kong shares reversed early losses to end higher on Monday, powered by a surge in China Mobile, but gains were capped by chart resistance ahead of a slew of corporate earnings this week.

Hong Kong Election Raises Fears About China

With the election of Hong Kong’s next chief executive less than three weeks away, a string of scandals involving both the current leader and the front-runners campaigning to succeed him is raising concern that big business is tainting what...

Satirists Take Aim at Hong Kong Candidate Tang

An alleged illegal luxury basement, an affair and a race to be Hong Kong’s top official all have proved irresistible to Hong Kong satirists, who are taking aim at the political scandal rocking the city.

Hong Kong Tax Residence Rule Questioned

Following a question in Hong Kong’s Legislative Council, the Secretary for Financial Services and the Treasury, Professor K C Chan, has provided numbers for the Hong Kong residents caught by the 183-day income tax threshold for working or...

Hong Kong jewellery show set to sparkle

The international jewellery market will be looking to China to lift its fortunes in 2012 and gets its first chance to display all it has to offer in Hong Kong in February.

Hong Kong Braces for Job Cuts at Lenders

Hong Kong is bracing for more finance-sector job cuts as Western banks, many of which base their regional operations in this business hub, scale back their Asian expansion amid the fallout from Europe’s debt crisis and a generally weaker...