• Mon
  • Nov 24, 2014
  • Updated: 1:22am

Top Hong Kong officials have been summoned to attend the first ever state-level cross-border meeting on Guangdong development on Tuesday despite unresolved local social and political issues...

23 Nov 2014 - 6:46am

The People's Bank of China yesterday lowered its benchmark lending rate by 40 basis points - its first change in rates since 2012 - in an unexpected concession to pressures from a slowing economy...

22 Nov 2014 - 5:21am

The China Banking Regulatory Commission yesterday pitched one of the most aggressive measures to date aimed at reining in the shadow banking industry.

22 Nov 2014 - 6:27am

Brokers are looking beyond a disappointing first week for the much-hyped through train stock trading scheme to the prospect of improved turnover, when market sentiment on both sides of the border...

22 Nov 2014 - 4:57am

BANKING & FINANCE

The Ministry of Finance's latest dim sum bond is seen as likely to appeal to retail investors in Hong Kong despite its yield being less than that of time deposits offered by banks.

22 Nov 2014 - 4:57am

ECONOMY

Top Hong Kong officials have been summoned to attend the first ever state-level cross-border meeting on Guangdong development on Tuesday despite unresolved local social and political issues...

23 Nov 2014 - 6:46am

MONEY

HSBC's flash purchasing managers' index for the mainland's manufacturing sector dropped to 50 from 50.4 last month, lower than Bloomberg's consensus forecast of 50.2, Daiwa Capital Markets...

22 Nov 2014 - 4:57am

Companies

It seems that anything with the Alibaba (NYSE: BABA) name is in huge demand these days, with word that a massive US$8 billion (HK$62.1 billion) bond offering by China's leading e-commerce company...

23 Nov 2014 - 4:22pm

China Business

As cash-rich mainlanders crowd popular tourist spots around the world, the dominant domestic payment service provider China UnionPay has been sharply expanding its global presence.

22 Nov 2014 - 4:58am

COMMODITIES

Some of the biggest price moves in gold since late last month have, unusually, occurred in Asian hours and traders more accustomed to following the lead of their Western counterparts suspect a big...

22 Nov 2014 - 4:01am

Markets

Stock Quotes

Polls

  • Yes: 67%
  • No: 33%
31 Oct 2014
  • Yes
  • No
Total number of votes recorded: 425

Money

The Hang Seng Index sold off quite a bit this week, a pity as many hoped the Shanghai-Hong Kong Stock Connect might give the local market a boost.

21 Nov 2014 - 9:20am

STOCK TALK

13Dec

UBS sees the Hang Seng Index gaining at least 15 per cent next year on the back of improving earnings growth in sectors like consumption, internet commerce and non-bank financial firms.

MARKETS & INVESTING

Japan's push to make its companies more profitable is about to spread to the derivatives market.

22 Nov 2014 - 5:04am

SPENDING

Amid the mainland’s clampdown on visible luxury, high-net-worth individuals are shifting away from merely owning things to seeking experiences that will help them acquire a modicum of savoir faire...

18 Jun 2014 - 1:36am

Wealth

The world’s richest people are clinging to stockpiles of zero-yielding cash despite a surge in financial markets and increasingly sophisticated attempts by private banks to entice them into...

23 Jun 2014 - 9:26pm

At last, a man with a mission and a breath of fresh air after all those cliched charity balls. We’re talking about Mission Possible, a fund raiser that’s fun, with zero expenses and every cent...

6 Mar 2014 - 5:57pm

It’s worked in Los Angeles, London, New York and Amsterdam but it will be interesting to see how Hyatt’s Andaz concept goes down in Tokyo. Most global hotels still stick to: guest arrives, bellboy...

27 Feb 2014 - 11:15am

Meet Boris the Chair

26 Feb 2014 - 11:51am

Thursday's memorial service for society jewellery designer and philanthropist Sandra D'Auriol is set to be one of the most memorable and spectacular ever held in Central's St John's Cathedral.

13 Feb 2014 - 8:10pm

Companies

For Mark Whitehead, the chief executive of Hong Kong Air Cargo Terminals Ltd (Hactl), finding ways to grow the ground handling business after parting ways with long-time customer Cathay Pacific...

22 Nov 2014 - 4:50am

Fuji Xerox, one of the world's largest suppliers of office copiers and printers, expects to ramp up its services business across the mainland, Hong Kong and Macau as the company nears its US$1...

22 Nov 2014 - 4:58am

Louis XIII Holdings shares fell 8.16 per cent yesterday after the company announced it was seeking to raise up to HK$3.03 billion through shares and convertible bonds to finance a casino resort it...

22 Nov 2014 - 4:47am

Behind his affable exterior and patterned sweaters, Bill Cosby built an entertainment empire that earned him more than US$400 million.

22 Nov 2014 - 6:33am

William Ruprecht, the chief executive of Sotheby's for 14 years, will step down, six months after the auction house ended a bitter proxy battle with billionaire activist investor Daniel Loeb.

22 Nov 2014 - 5:04am

American investors showed more interest in Alibaba Group Holding's short-dated debt but Asian buyers flocked into long-dated bonds, seeking higher absolute returns that match their minimum yield...

22 Nov 2014 - 6:28am

National Agricultural, which conducts rural financing and trades agricultural products, plans to place new shares and warrants to raise up to HK$2.22 billion.

21 Nov 2014 - 3:40pm

Jack Ma Yun had to play down Alibaba Group Holding's China roots during a world-record initial public offering. Now he is due to test confidence in the state-dominated economy with Asia's biggest...

20 Nov 2014 - 6:07am

Banking & Finance

Beijing plans to liberalise the yuan's capital account in the state-level economic development zones, the latest sign that it is intent on deepening financial reforms.

22 Nov 2014 - 5:04am

The China Banking Regulatory Commission yesterday pitched one of the most aggressive measures to date aimed at reining in the shadow banking industry.

22 Nov 2014 - 6:27am

Commodities

Iron ore's golden spending era is history. That is the verdict of BHP Billiton, the world's biggest mining company.

21 Nov 2014 - 7:21am

As Switzerland prepares to vote this month on whether to force the country's central bank to increase its gold reserves, economists warn a "Yes" vote could wreak havoc in financial markets.

20 Nov 2014 - 9:40am

Economy

The central government and banks will finance Chinese companies to build US$45.6 billion worth of energy and infrastructure projects in Pakistan over the next six years.

22 Nov 2014 - 4:58am

Thailand will step up spending on mass transit, railways and roads to counter falling exports and boost economic growth, the deputy transport minister said.

22 Nov 2014 - 4:57am

China Business

The net profit of food and beverage major Tingyi fell 14.11 per cent to US$159.65 million in the third quarter while turnover dropped 12.86 per cent to US$2.95 billion. The company blamed the poor...

21 Nov 2014 - 2:56pm

China Mobile saw its first monthly decrease in 3G subscribers last month as 4G users crossed its 50-million milestone two months ahead of schedule.

21 Nov 2014 - 7:21am

Property

Deep-pocketed Hong Kong investors could be surprise beneficiaries of Greece's attempt to woo wealthy mainland investors with promises of visa-free travel in Europe.

23 Nov 2014 - 6:46am

Owners of street-level shops in prime shopping districts will feel the pain of slower luxury sales next year, with rents expected to decrease by up to double-digit percentages, according to...

21 Nov 2014 - 5:23am

Causeway Bay, which has been losing its appeal for big-spending mainland tourists, has relinquished its crown as the world's costliest district for retail rents.

20 Nov 2014 - 11:23am

 

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