How have financial markets reacted to news of the shutdown?
- Thu
- Oct 3, 2013
- Updated: 12:56am
Beijing should act faster to transform the mainland's economic growth pattern, boosting domestic consumption effectively and cutting its reliance on investment and exports, because growth is...
Updated 12:47AM
Wall Street took the partial shutdown of the US government in stride on Tuesday, but market analysts expected investor patience to run out if it lasts more than about a week, as a more worrisome...
11:16PM
Hutchison Whampoa, controlled by Asia’s richest man, Li Ka-shing, is planning to float its healthcare and beauty retail business Watsons with in the next 12 to 18 months, a Hong Kong newspaper...
3:27PM
BANKING & FINANCE
Taiwan’s central bank is holding Chinese yuan in its foreign exchange reserves portfolio, governor Perng Fai-nan said on Wednesday, in recognition of the growing globalisation of the yuan and...
3:16PM
ECONOMY
Beijing should act faster to transform the mainland's economic growth pattern, boosting domestic consumption effectively and cutting its reliance on investment and exports, because growth is...
Updated 12:47AM
MONEY
A US securities industry watchdog has proposed new rules to monitor transactions in “dark pools” run on alternative trading systems (ATSs).
Critics blame the growth of these rivals to...
1:51PM
COMPANIES
France’s parliament passed a law on Tuesday imposing tough penalties on companies that shut down operations deemed economically viable, as President Francois Hollande struggles to save jobs in a...
2:08PM
China Business
Tesco to put HK$4.3 billion and shops into hypermarket joint venture with China Resources Enterprise
Tesco will inject retail assets and HK$4.325 billion in cash into a hypermarket joint venture with China Resources Enterprise, the state-backed Chinese firm said on Wednesday.
10:52AM
COMMODITIES
With flags and confetti, Venezuela launched three new oil tankers in the last 14 months that exemplify the socialist country’s ambitions to diversify exports to Asian markets and give a helping...
2:38PM
Markets
Stock Quotes
Money
Emerging markets can better resist capital flow volatility by taking measures to encourage their residents to invest abroad in good times and repatriate the funds when needed, according to a study...
4:30AM
Some activities of asset managers could pose risks to the broader marketplace, according to a study released by the US Treasury Department on Monday that boosted the likelihood the largest such...
10:54AM
The China Securities Regulatory Commission is forging ahead with rules that allow brokers to invest in complex financial products and enter risky new businesses even after an unprecedented US$3.8...
4:46AM
STOCK TALK
02Oct
Hong Kong shares rebounded off a three-week low on Wednesday, led by Hutchison Whampoa after local media reported the ports-to-telecoms conglomerate may spin off its Watsons health and beauty retail unit through an initial public offering.
MARKETS & INVESTING
A US securities industry watchdog has proposed new rules to monitor transactions in “dark pools” run on alternative trading systems (ATSs).
Critics blame the growth of these rivals to...
1:51PM
SPENDING
“For sure, one of the best things about living in Singapore is how easy it is to get a cheap flight,” says Alessandra Chu, a Hongkonger who moved to Singapore three years ago for work as a...
5:14PM
Wealth
The stabbing of one of China’s richest men outside his home must have jolted not just the Mainland’s growing army of millionaires and billionaires, but also the rich here in Hong Kong.
2:19PM
Mandarin Oriental Hong Kong is famed for its legendary afternoon teas, which are served with elegance and style in both Clipper Lounge and Café Causette. So gushes the press release.
12:06PM
The Direct Property Group has aroused my curiosity. Their eye-catching advertisements for overseas property appear on BBC TV channels, in newspapers and in magazines. Some are for bargain USA...
4:46PM
Having tea last week with toy industry legend Lam Leung-tim, “LT”, one of the original pioneers of Hong Kong plastics and toy industries, he gazed wistfully out the window at the Royal Hong Kong...
4:20PM
The posh coffee machines of Discovery Bay are filtering overtime as the employers of live-out domestic helpers anxiously finger their worry beads.
4:53PM
Companies
Three of the top 20 investors in Microsoft are lobbying the board to press for Bill Gates to step down as chairman of the software company he co-founded 38 years ago, according to people familiar...
10:52AM
Ctrip.com International, the mainland's largest online travel agency, may be an unintended beneficiary of the proposed US$125 million initial public offering by Qunar.com the leading Chinese...
4:30AM
Toyota chairman Takeshi Uchiyamada challenged carmakers on Monday to step up sales of hybrids in the United States, calling them “a long bridge” to future vehicles.
2:33PM
Delta Air Lines plans to buy 11,000 Microsoft Surface 2 tablets for its pilots to replace the heavy bundles of books and maps they haul around now.
Other airlines, including American and...
11:37AM
Banking & Finance
A US securities industry watchdog has proposed new rules to monitor transactions in “dark pools” run on alternative trading systems (ATSs).
Critics blame the growth of these rivals to...
1:51PM
Commodities
Citic Pacific said it was moving into the initial production phase at its US$8 billion iron ore project in Australia, following years of delays at one of China’s costliest offshore mining...
11:51AM
Gold rose almost 1 per cent on Wednesday, boosted by some safe-haven buying caused by uncertainty over US budget talks.
The US Congress, struggling to avert a government shutdown next week...
10:48AM
Economy
How have financial markets reacted to news of the shutdown?
6:02PM
China Business
With flags and confetti, Venezuela launched three new oil tankers in the last 14 months that exemplify the socialist country’s ambitions to diversify exports to Asian markets and give a helping...
2:38PM
Property
The fast-growing technology, media and communications sector is taking a significantly larger share of the total office leasing market both in Hong Kong and Beijing, according to property...
5:23AM
Video
- Offbeat Cage Homes : an art exhibit on Hong Kong's most expensive streets Kwong Chi Kit is an artist and creative director for the art campaign regarding cage homes. Using sculpture, photography, video, and QR codes, his team created a thought-provoking movement to...
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- Hong Kong Buddhist monks hold ritual for Lamma ferry crash victims The collision off Lamma Island on October 1st last year claimed 39 lives. Today Buddhist monks held a ritual to remember the victims.
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- Asia Nissan showcases 'self-driving' car JAPAN, Chiba : Japanese carmaker Nissan showcases its latest model of 'self-driving' car. Read the full story
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China Chinese celebrate 64th National Day at Tiananmen Square![]()
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23 Sep 2013
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