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  1. Gas leak at estate spurs safety checks

    Posted May 27th 2008, 12:00am by Staff Reporter

    ... Joshua But Gas safety inspections will be carried out this week at a Tseung Kwan O estate where residents reported a leak on Sunday night. The smell of gas was detected on the ground floor of Choi Wing House, Choi Ming Court, at about 5.50pm on Sunday, five hours before Towngas found the leak. Towngas senior engineer Ng Hung-pan said yesterday a thorough inspection of all gas pipes ...

  2. Beijing considers offshore yuan trading in HK

    Posted Feb 29th 2008, 12:00am by Enoch Yiu

    ... Enoch Yiu and Maria Chan The People's Bank of China says it will actively consider an offshore yuan trading centre in Hong Kong, raising speculation Beijing is accelerating plans ... Accountants, said the city would be a natural choice as an offshore yuan centre due to its relationship with the mainland and its sound financial market. However, Law Ka-chung, the chief economist ...

  3. Yuan bonds in HK bring offshore market closer

    Posted Dec 16th 2008, 12:00am by Staff Reporter

    ... Jane Cai and Woods Lee in Beijing Beijing's latest effort to boost the economy may eventually pave the way to an offshore market for yuan business after it allowed Hong Kong companies ... not specify when. 'It's a good starting point to develop a yuan offshore market by allowing bond issuance. With the yuan's rising position, such a market is a necessity,' said Zhao ...

  4. Offshore clash 'a resounding success'

    Posted Nov 02nd 2008, 12:00am by Alvin Sallay

    ... Hong Kong has been good and I think the public has responded well.' His rival Graham Henry was also an unabashed supporter of bringing the game offshore and has stated the Hong Kong ...

  5. Lion City a growing offshore centre for the world's wealthy

    Posted Sep 28th 2008, 12:00am by Andrea Li

    ... from the traditional tax havens because of the mounting scrutiny these offshore centres are facing from Organisation for Economic Co-operation and Development (OECD) member countries, most ... in the setting up of trust companies. There are 38 licensed trust companies in Singapore. 'A decade ago, the industry was small and existed only to help local Singaporeans set up offshore trusts ...

  6. CNPC offshore oil output rises 11.5pc to record 60.2m tonnes

    Posted Jan 05th 2008, 12:00am by Eric Ng

    ... Eric Ng China National Petroleum Corp (CNPC), the parent of listed PetroChina, has lifted offshore oil output by 11.54 per cent to a record 60.23 million tonnes. However, the increase ... tonnes in 2006. CNPC did not give details of what drove last year's rise in offshore output, but said its Sudan 1/2/4 oil block's output totalled 13.5 million tonnes, while its Sudan ...

  7. Law firms' union driven by offshore listing fever

    Posted Jan 14th 2008, 12:00am by Enoch Yiu

    ... Enoch Yiu The rising tide of mainland companies listing offshore was the chief reason why one of Hong Kong's oldest homegrown law firms, Johnson Stokes & Master, agreed to surrender its 145-year-old independent practice and merge with international firm Mayer Brown, says Elaine Lo. Ms Lo, chairwoman of the partnership board of JSM, will become chairwoman of the Asia ...

  8. Follow the hot money, but which direction?

    Posted Feb 22nd 2008, 12:00am by Tom Holland

    ... cent. On the other hand, if capital leaks out, government attempts to control lending and monetary growth will be able to gain traction, and price rises will become easier to contain. ... of yuan devaluation running high, hot money mostly leaked out of the country. There are lots of channels it flowed through, but typically an exporter would file an invoice that was too small while ...

  9. Loyalty above layoffs... up to a point

    Posted Dec 19th 2008, 12:00am by Bernard Chan

    ... Bernard Chan First we had legislator Wong Yuk-man throwing a banana in the Legislative Council, then an Iraqi journalist hurling shoes at US President George W. Bush. It's obviously a good way to get a lot of publicity. Now pro-labour activists have ...

  10. Low fly-by pilot leaked hit list

    Posted Oct 12th 2008, 12:00am by Simon Parry

    ... A hit list of Cathay Pacific pilots shortlisted for possible dismissal during the bitter 2001 dispute was leaked by a pilot who lost his job nine months ago for a low-flying stunt in a new jumbo jet. Ian Wilkinson, 55, one of the airline's most senior pilots, was forced to resign after flying a Boeing 777 just 9 metres off the runway on its maiden flight out of Seattle ...




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