HKMEx chairman Barry Cheung Chun-yuen told the Sunday Morning Post that the decision to surrender the trading licence and not reopen for business tomorrow would have no impact on investors and...
- Sun
- May 19, 2013
- Updated: 3:21pm
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On average, prices rose 0.61 per cent, against 0.65 per cent in March. But on a year-on-year basis, average new-home prices rose 4.9 per cent in April, according to a Reuters calculation based on...
Lawyers have urged the securities regulator to continue exploring the potential for a criminal investigation into Cheung Kong's controversial sales of hotel suites in Kwai Chung despite its pact...
The European Union's top trade official has raised the rhetoric in a brewing telecoms trade row with China, citing Huawei and ZTE for violating anti-dumping and anti-subsidy guidelines, but...
BANKING & FINANCE
HKMEx chairman Barry Cheung Chun-yuen told the Sunday Morning Post that the decision to surrender the trading licence and not reopen for business tomorrow would have no impact on investors and...
ECONOMY
Analyst say the risks are even greater with a new political leadership in Beijing which may be more sensitive to slights. So far, their response has been firm but guarded.
MONEY
Tying the knot may be one of the happiest days in a person's life, but it can also be one of the most expensive. A poll by ESDlife (a government services portal) last year found Hong Kong couples...
COMPANIES
Givenchy, a unit of French luxury goods giant LVMH, plans to triple its number of stores in China over the next two years as other luxury brands scale back their expansion plans amid an anti-...
China Business
The European Union's top trade official has raised the rhetoric in a brewing telecoms trade row with China, citing Huawei and ZTE for violating anti-dumping and anti-subsidy guidelines, but...
COMMODITIES
Tan Jun has kept a cool head as he watched family and friends rush to buy gold bars and jewellery over the past month in the hope of benefiting from the slump in the price of gold.
Money
When Hong Kong property developers get a good idea, they tend to all converge on it at once. The idea that has captivated them right now is the hotel trust listing. There are three on the cards,...
BYD is a curiosity. The firm gets few breaks in brokerage reports: of the analysts who track the company, 15 have "sell" ratings, six are "neutral", while two are a "buy". Meanwhile, the firm's...
If policymakers across the world were to highlight the single most important challenge facing them today, likely all would identify - in one form or another - the perplexing issue of growth.
STOCK TALK
Signs of a slowing economy combined with comments from a Federal Reserve official helped pull the stock market down Thursday.
MARKETS & INVESTING
Signs of a slowing economy combined with comments from a Federal Reserve official helped pull the stock market down Thursday.
SPENDING
Tying the knot may be one of the happiest days in a person's life, but it can also be one of the most expensive. A poll by ESDlife (a government services portal) last year found Hong Kong couples...
Wealth
There are many good reasons to buy a new, not second-hand, home in China. Every time I talk to property investment expert Chris Dillon I glean something new.
So, London’s reputedly most expensive mansion has been trumped by London’s even more expensive mansion.
The news that the latest first-quarter results for Burberry and LVMH (French luxury goods conglomerate Louis Vuitton Moet Hennessy) are experiencing mixed fortunes in the east, probably comes as...
When Barbara and Mark Gomperts became empty nesters a few years ago, they found themselves using just a fraction of the 3,000-square-foot, five-bedroom house where they had raised their children...
Few places in Hong Kong sell classy, original, and interesting things any more, but one has popped up right under our nose in Central. It’s the shop attached to the new Hong Kong Maritime Museum....
Companies
The prospect of making quick money may lure investors back to Hong Kong's small-cap listings on the Growth Enterprise Market, after shares of Beijing Tong Ren Tang Chinese Medicine more than...
Italian carmaker Fiat said moving the group’s legal headquarters to the United States is not on the agenda.
State Grid Corp of China, the world’s largest state utility, has agreed to buy large stakes in Australian electricity companies from Singapore Power, as it expands overseas in search of higher-...
European anti-trust investigators searched the offices of price agency Platts and at least one major oil company for a third day on Thursday, hunting for evidence of possible price manipulation on...
Banking & Finance
The European Banking Authority, which sets the rules for banks in the 27 European Union countries, is thought to have approved proposals that would require a cap on bonuses for anyone whose pay is...
Commodities
The decline in China's implied oil use in April to an eight-month low, coupled with flat crude imports, gives the impression of weak demand. But the numbers are not telling the whole story.
John Bond, the chairman of Glencore Xstrata, the world's largest exporter of power-station coal, was deposed by his shareholders yesterday, with the former chief executive of BP, Tony Hayward,...
Economy
China’s urban average wages rose at a slower clip last year, official data from the National Bureau of Statistics showed on Friday, reflecting an impact from last year’s economic slowdown.
China Business
The credit risks faced by exporters are mounting even as trade data suggests a spike in mainland exports since the beginning of the year. Local manufacturers complain that it is taking much longer...
Property
Lawyers have urged the securities regulator to continue exploring the potential for a criminal investigation into Cheung Kong's controversial sales of hotel suites in Kwai Chung despite its pact...
Video
- Unravelling the mystery behind a WW2 plane crash Craig Mitchell, an amateur historian, leads SCMP to an untouched US warplane crash site dating back to 1945.
- Sports Beckham calls time on 20-year career Football megastar David Beckham announced on Thursday that he is to retire after a glittering 20-year playing career in which he became one of the most widely recognised figures in world sport.
- Hong Kong Hung Kuen master demonstrates his craft Hung Kuen is a Chinese martial arts style made famous by kung fu legend Wong Fei-hung. In this video, Oscar Lam Chuen-ho, 28, son of Hung Kuen master Lam Chun-fai, demonstrates parts of "Gung Gee...
- World US government on journalist phone records scandal: American people were at risk The leak that prompted the seizure of journalist phone records at a US news agency was a "very serious" matter which "puts the American people at risk," Attorney General Eric Holder said Tuesday.
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