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  1. 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

    ... Snowden, however, could claim political asylum. Under article six of the treaty, extradition should be refused for “an offence of a political character”. Legal sources in Hong Kong say Snowden has ... 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
  2. News - China

    Shifting China consumer tastes show in brand sales

    Posted Nov 30th 2012, 05:20pm by Reuters Breakingviews in Hong Kong

    ... Reuters Breakingviews in Hong Kong China’s consumers are still spending, but some brands are losing their lustre. Yum Brands and Hong Kong listed jeweller Chow Tai Fook have both warned ... period, with mainland China revenue up 3.4 per cent and Hong Kong, Macau and Taiwan falling 6.3 per cent. ...

    http://www.scmp.com/news/china/article/1094651/shifting-china-consumer-taste-impacts-brand-sales
  3. Business - Companies

    SHK Properties posts record profit despite scandal

    Posted Sep 13th 2012, 06:37pm by Reuters in Hong Kong

    ... Reuters in Hong Kong Sun Hung Kai Properties, the world’s second-largest real estate developer, posted earnings that narrowly beat expectations on Thursday, building on last year’s ... that they paid a senior government official to favour their interests. The Kwoks deny any wrongdoing, and Rafael Hui, a former Hong Kong chief secretary who has also been charged over the case, has ...

    http://www.scmp.com/business/companies/article/1036016/shk-properties-posts-record-profit-despite-scandal
  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. 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
  6. 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
  7. 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
  8. 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
  9. 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
  10. News - Hong Kong

    Hong Kong economy grows 1.3pc in third quarter

    Posted Nov 17th 2012, 09:37am by AFP in Hong Kong

    ... Hong Kong’s economy returned to modest growth in the third quarter, helped by improving exports and rising domestic consumption, officials said on Friday. Gross domestic product grew 1.3 ... quarter and “sanguine job and income conditions” helped boost private spending, which rose 2.8 per cent. “Hong Kong’s trading environment is still subject to a high degree of uncertainty,” ...

    http://www.scmp.com/news/hong-kong/article/1084575/hong-kong-economy-grows-13pc-third-quarter

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