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  1. Business - Economy

    Got a question about the dollar peg? We have the answers

    Posted Oct 14th 2013, 02:30pm by Hong Kong Monetary Authority

    ... Hong Kong Monetary Authority 1. What is the Linked Exchange Rate System (LERS)? The LERS was adopted in Hong Kong in October 1983. The objective of the LERS is to maintain currency stability, defined as a stable external exchange value of the currency of Hong Kong – in terms of its exchange rate in the foreign exchange market against the US dollar (USD) – at around HK$7.80 ...

    http://www.scmp.com/business/economy/article/1331435/got-question-about-dollar-peg-we-have-answers
  2. News - Hong Kong

    Hong Kong govt silent on Snowden’s fate as lawmakers call for China to decide

    Posted Jun 22nd 2013, 12:33pm by Agencies in Hong Kong

    ... request would likely be made through diplomatic channels to Hong Kong’s chief executive, who must decide whether or not to issue an “authority to proceed”. A magistrate would then issue a warrant ... Hong Kong authorities were silent on Saturday on the fate of a former US National Security Agency (NSA) contractor ahead of an expected extradition request by the United States where he ...

    http://www.scmp.com/news/hong-kong/article/1266580/hong-kong-govt-silent-snowdens-fate-lawmakers-call-china-decide
  3. Lifestyle - Health - HEALTH

    Psoriasis patients seek subsidies for medication

    Posted Nov 26th 2012, 01:45pm by Reuters in Hong Kong

    ... Reuters in Hong Kong When Gary Lai first came down with the skin disease psoriasis, he got so tired of the stigma he faced in the outside world that he would lock himself away in his ... asking questions,” said Lai, who was 24 when he was diagnosed. Now Lai, 41, and other Hong Kong residents suffering from psoriasis – a lifelong autoimmune disease that covers the skin in red, ...

    http://www.scmp.com/lifestyle/health/article/1091104/psoriasis-patients-seek-subsidies-medication
  4. Business - Money

    Asian markets slump due to fears over central bank stimulus

    Posted Jun 13th 2013, 05:39pm by Agence France-Presse in Hong Kong

    ... Agence France-Presse in Hong Kong Asian markets dived Thursday, with Tokyo’s Nikkei losing more than six per cent, while the dollar hit 10-week lows against the yen on expectations ... cent since hitting its peak last month, putting it in a bear market. Hong Kong shed 2.19 per cent, or 467.62 points, to end at 20,887.04 while Sydney ended 0.61 per cent lower, giving up 28.7 ...

    http://www.scmp.com/business/money/market-snapshot/article/1260001/asian-markets-slump-due-fears-over-central-bank
  5. Business - Companies

    CK Life Sciences buys top Australian salt producer

    Posted Nov 29th 2012, 03:13pm by Agence France-Presse in Hong Kong

    ... Agence France-Presse in Hong Kong Asia’s richest man Li Ka-shing is buying Australia’s largest salt producer Cheetham Salt in a deal worth US$157 million, a subsidiary of his Cheung Kong ... Kong Life Sciences chief executive officer Kam Hing-lam said in a statement. CK Life Sciences, chaired by Li’s eldest son and heir to his Cheung Kong conglomerate, Victor, is involved ...

    http://www.scmp.com/business/companies/article/1093823/ck-life-sciences-buys-top-australian-salt-producer
  6. News - Hong Kong

    Jackie Chan’s China appointment draws Hong Kong ire

    Posted Mar 02nd 2013, 02:24pm by Agence France Press in Hong Kong

    ... Hong Kong action star Jackie Chan this week joins China’s top political advisory body in a move analysts say highlights Beijing’s growing “soft power” efforts to project unity between ... was a campaign to promote a strong and peaceful homeland, unified with Taiwan. China’s growing clout over the past decade has seen actors from Hong Kong and Macau drafted into patriotic movies ...

    http://www.scmp.com/news/hong-kong/article/1169587/jackie-chans-china-appointment-draws-hong-kong-ire
  7. News - Hong Kong

    Hong Kong film fest features John Woo-style cop thriller

    Posted Oct 12th 2013, 12:00pm by Associated Press in Hong Kong

    ... Associated Press in Hong Kong The 10th annual Hong Kong Asia Film Festival opens later this month with the world premiere of Benny Chan’s "The White Storm" The lineup at the Hong ... The 10th annual Hong Kong Asia Film Festival opens later this month with the world premiere of Benny Chan’s “The White Storm,” a classic cop thriller reminiscent of the days of John Woo’s “A Better ...

    http://www.scmp.com/news/hong-kong/article/1330152/hong-kong-film-fest-features-john-woo-style-cop-thriller
  8. News - Hong Kong - AUCTIONS

    Sotheby’s sets record with HK$4.2bn at Hong Kong autumn sales

    Posted Oct 09th 2013, 12:46pm by Reuters in Hong Kong

    ... Reuters in Hong Kong Sales in Hong Kong considered a barometer of demand from China for expensive artworks and luxury goods Sotheby’s celebrated its 40 years of business in Asia by raising a better-than-expected HK$4.2 billion ($542 million) in Hong Kong, a record for the global auction house’s autumn sales in the city. Sotheby’s biannual sales in Hong Kong are considered a barometer of demand ...

    http://www.scmp.com/news/hong-kong/article/1327827/sothebys-sets-record-hk42bn-hong-kong-autumn-sales
  9. News - China

    Builder says plan for new Titanic draws interest

    Posted Feb 16th 2013, 07:20pm by Associated Press in Hong Kong

    ... The Australian billionaire who’s planning to build a hi-tech replica of the Titanic at a Chinese shipyard has received an “overwhelming” response from people who want to be the first paying passengers. Representatives for Clive Palmer, who in April announ ...

    http://www.scmp.com/news/china/article/1151807/builder-says-plan-new-titanic-draws-interest
  10. Business - Money

    China shares fall in sharp reversal, Hang Seng slips

    Posted Jan 24th 2013, 05:28pm by Reuters in Hong Kong

    ... Apple suppliers hit by disappointed quarterly revenue results Hong Kong shares slipped for a second-straight day on Thursday, falling further away from chart resistance that had stymied ... profit on recent outperformers, triggering a sharp intra-day reversal that left benchmark indexes vulnerable to further losses in the near term. Weakness in mainland markets dragged on Hong Kong ...

    http://www.scmp.com/business/money/markets-investing/article/1135226/china-shares-fall-sharp-reversal-hang-seng-slips

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