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  1. Customs raids HMV, seizes suspect DVDs

    Posted Feb 21st 2009, 12:00am by Staff Reporter

    ... Ng Kang-chung HMV was assisting a customs investigation into its alleged illegal sale of parallel-imported movie DVDs, a spokeswoman for the retail chain confirmed yesterday. ... followed complaints by the local distributors of the two films. HMV was suspected of selling the parallel imports inside 15 months of their release. Parallel imports are copies of copyright works ...

  2. A parallel universe

    Posted May 07th 2009, 12:00am by Christine Loh

    ... this parallel body to the Hong Kong government is justified because, under the Basic Law, there are issues relating to the central authorities and the Hong Kong special administrative region that should ...

  3. MTR Corp in move against parallel traders

    Posted Mar 02nd 2009, 12:00am by Joyce Ng

    ... Joyce Ng In a move to combat parallel traders, the MTR Corporation will prosecute passengers who ignore warnings to move on and linger too long on platforms at Lo Wu and Sheung Shui stations, railway officials said yesterday. The announcement comes as the MTR Corp has noticed increasing numbers of parallel-import traders waiting on station platforms to meet their collaborators- ...

  4. Shaheen, Club continue to lead the way

    Posted Jan 19th 2009, 12:00am by Alvin Sallay

    ... Alvin Sallay Shaheen and Hong Kong Football Club continued to share the lead at the top of the Premier League standings after they both recorded wins over Khalsa and SSSC respectively. Defending champions Shaheen defeated Khalsa 3-1 at King's Park to ...

  5. Customs raids HMV

    Posted Feb 21st 2009, 12:00am by Staff Reporter

    ... Ng Kang-chung HMV was assisting a customs investigation into its alleged illegal sale of parallel-imported movie DVDs, a spokeswoman for the retail chain confirmed yesterday. Local film industry figures yesterday hailed customs' recent crackdown on parallel imports and urged the government to keep up its action. The spokeswoman confirmed officers had searched some Hong Kong ...

  6. Liquidator to get 75pc of Lehman fees in advance

    Posted May 27th 2009, 12:00am by Naomi Rovnick

    ... proceedings, barrister Joseph Fok SC told the hearing yesterday. With more than 900 staff in Hong Kong, a HK$75 million monthly payroll and thousands of unsettled trades- including 11,000 futures ... to an affidavit from KPMG's head of restructuring, Edward Middleton. 'These insolvencies are without parallel,' Mr Fok said. 'This is not an affidavit based on hyperbole.' ...

  7. Relations tested as US imposes new duties on Chinese goods

    Posted Feb 21st 2009, 12:00am by Denise Tsang

    ... Denise Tsang The United States has imposed punitive duties on two types of Chinese-produced goods, putting Sino-US trade relations to a new test. The US International Trade Commission ... economist Wang Qing said. 'Trade relations will be an important issue of Clinton's visit, and I think Sino-US trade tensions will grow this year.' Higher trade barriers are being seen ...

  8. Beijing says US levy on tyres 'unreasonable'

    Posted Jul 04th 2009, 12:00am by Denise Tsang

    ... consumers' interest ultimately. The proposed duty is pending final approval by President Barack Obama in September. Some economists said the decision would signal how his administration handled trade frictions with China and a barometer of its foreign trade policy in general. Of the six members of the US International Trade Commission that drew up the proposal, two voted against saying it would ...

  9. Under dispute

    Posted Sep 26th 2009, 12:00am by Staff Reporter

    ... to Chinese-made seamless steel pipes over the next five years Sep 23: A US labour union says that it and three companies had filed a trade complaint over imports of Chinese paper Sep 14: Beijing begins ... leading 20 nations were responsible for 90% of the cases brought against the mainland this year, an official says China was the subject of 79 cases of trade remedies in the first eight months, ...

  10. Protectionism not the way to tackle crisis

    Posted Jun 26th 2009, 12:00am by Staff Reporter

    ... The benefits of global trade cannot be disputed. Development strategies from China to India to Brazil and beyond are grounded in the goods they make being bought by other nations. ... There is nothing new in the lesson; it dates back to the time when countries first began trading with one another. Yet as the economic crisis wears on, it is being ignored by governments through ...




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