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  • August 21, 2014
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  1. Athens to bid for HK travellers

    Posted Sep 08th 2004, 12:00am by Simon Parry

    ... The holiday money has, however, flooded into Greece's neighbours outside the euro zone and away from the Olympic circus. Croatia has seen tourism numbers double, while Bulgaria and Turkey have ...

  2. Crisis-hit UBS to sponsor HK Open for two more years

    Posted May 12th 2010, 12:00am by Alvin Sallay

    ... it is believed that there will be a significant increase next year. UBS was badly hit by the US subprime mortgage crisis- its assets write-downs totalled more than US$41 billion- and there were ...

  3. Protests in wake of financial crisis will be 'better organised'

    Posted Jan 17th 2009, 12:00am by Ivan Zhai

    ... living crises,' he was quoted as saying, but denied the riots indicated the mainland was facing a social crisis. It was at least the third time in a month that the media or experts have ... incidents'. It warned that the clash between the government and millions of migrant workers and university graduates left jobless because of the financial crisis would test leaders. Highlighting ...

  4. Tsang names crack financial crisis taskforce

    Posted Oct 29th 2008, 12:00am by Ambrose Leung

    ... Announcing the 10-member taskforce, which was a key measure in his recent policy address, the chief executive said the group would make a preliminary assessment of the impact of the crisis ... on Monday, could come up with quick and effective remedies to the problems. 'It has to move fast in time of crisis,' she said. Elite squad The other members Mervyn Davies Chairman ...

  5. Credit crisis hits Sands' Macau resort plan

    Posted Oct 20th 2008, 12:00am by Staff Reporter

    ... Tim LeeMaster, Wong Ka-chun and Neil Gough Project on hold as US$5.25b loan halted US gambling giant Las Vegas Sands has scrapped plans to raise US$5.25 billion in loans for its expansion in Macau- including funding for a hotel resort complex- due to the ...

  6. Asian M&A values fall amid subprime crisis

    Posted Sep 10th 2008, 12:00am by Toh Han Shih

    ... Toh Han Shih Asian mergers and acquisitions fell steeply in July and last month as the region's vulnerability to the subprime crisis in the United States and Europe hit home. ... the subprime crisis, rising oil prices and raw material costs, currency fluctuations and the banking industry, which is struggling to do deals and laying people off,' said Lisa Wright, managing ...

  7. HK developers brace for crisis fallout

    Posted Sep 22nd 2008, 12:00am by Andrea Li

    ... Andrea Li Players likely to adopt defensive mode in the face of uncertain global economic climate Hong Kong's property developers may feel the effects of the global financial meltdown as the year draws to a close. Although most property players repor ...

  8. Subprime crisis to hit Hong Kong banks

    Posted Aug 04th 2008, 12:00am by Amanda Lee

    ... Amanda Lee Local lenders expected to announce lower profits, analysts say Hong Kong banks are expected to show lower earnings because of the ongoing subprime mortgage crisis engulfing ... is not in a healthy state,' Mr Yan said. The subprime crisis is expected to continue haunting Hong Kong banks in the second half of this year. HSBC is due to release its results today and Standard ...

  9. Rebound lures AIG back to the local mortgage market

    Posted Nov 10th 2004, 12:00am by Peggy Sito

    ... Peggy Sito The trend of United States financial institutions re-entering the Hong Kong mortgage market continues, with AIG Finance (Hong Kong) extending its services to cover aged properties and secondary homes priced between $800,000 and $5 million. AIG ...

  10. Private banks drawn eastwards by the rise of Asia's millionaires

    Posted Feb 21st 2011, 12:00am by Enoch Yiu

    ... The global financial crisis hit the US and European markets hard, said Lee, but Asian markets were not as badly affected thanks to India and China's fast-growing economies. 'We believe Asia ... also offers investment banking services. Unlike commercial banks that face a need to raise their regulatory capital levels under post-crisis regulatory requirements, private banks, which focus ...




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