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  • October 21, 2014
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  1. Ace Group to buy New York Life operations

    Posted Oct 28th 2010, 12:00am by Enoch Yiu

    ... Enoch Yiu US-based insurer ACE Group announced it will spend US$425 million (HK$3.29 billion) in cash to buy the Hong Kong and South Korean operations of New York Life. ACE chairman ... operations that have been managed conservatively by New York Life, a venerable and highly professional company. They provide a good foundation on which to build our life operations in these two ...

  2. Russia deal aids Cathay's non-stop to New York plans

    Posted Feb 12th 2004, 12:00am by Joseph Lo

    ... Joseph Lo Hong Kong and Russia have reached an agreement that could pave the way for Cathay Pacific to begin non-stop flights over the North Pole to New York. The deal, concluded ... to other countries. Senior Cathay officials said the development would allow the airline to seriously consider a start date for non-stop Hong Kong-New York services. Under the previous agreement, ...

  3. Bank names new chief executive for China

    Posted May 10th 2005, 12:00am by Enoch Yiu

    ... person to oversee the fast-growing but still highly sensitive market. An HSBC spokesman said Mr Yorke had experience in mainland business. 'Mr Yorke has been based in Shanghai for some time ... Enoch Yiu HSBC Holdings has promoted Richard Yorke to chief executive of its China business. Mr Yorke, formerly a deputy chief executive of China business, replaced Dicky Yip, who was last ...

  4. Netcom corporate orders top 8 times

    Posted Nov 10th 2004, 12:00am by Staff Reporter

    ... earnings. This compares to 8.76 times traded by the H shares of China Telecom Corp yesterday. Share trading will begin in New York next Tuesday and in Hong Kong the following day. Despite ... York, is oversubscribed eight times, according to sources. The 10 per cent on offer to retail investors is covered at least 25 times. Pricing of Netcom's 1.04 billion shares was due late ...

  5. HKEx says time right for launch of gold futures

    Posted Oct 13th 2008, 12:00am by Carol Chan

    ... those in the US markets, where most gold futures were traded. Mr Kwan said it was better to extend trading to 8pm to match gold markets in New York. 'We've discussed the issue ... 'But it may be a good time for our launch of gold futures given our higher transparency and stringent regulations.' Mr Tai said it was hard to predict how investors would react ...

  6. PCCW loss up seven times in US terms

    Posted Jul 03rd 2003, 12:00am by Staff Reporter

    ... adjustment. PCCW, whose shares are traded as American depositary receipts on the New York Stock Exchange, had reported a $7.76 billion net loss under Hong Kong accounting standards. Hong Kong's ... PCCW lost $52.06 billion last year under United States accounting standards - almost seven times more than it reported under local standards. The loss, revealed in a filing to the US ...

  7. Times' change

    Posted Sep 28th 2008, 12:00am by Charmaine Chan

    ... with Charmaine Chan For 10 years, the prized possessions of an avid collector were locked away. The move to a new home gave him the opportunity to show them off. Times Pang knows a great ... Design Consultants. Pang wanted a 'clean and straightforward' look with an industrial edge inspired by New York loft spaces. Lam and Tse were familiar with his taste, which they had ...

  8. Air Canada venture set for timely take-off

    Posted Nov 11th 2003, 12:00am by Russell Barling

    ... in 1989, it may have simply selected the path of least resistance. Trinity's competitor for the equity injection, New York investment fund Cerebus Capital Management, is seen as a firm which ... Russell Barling As the sector recovers from the doldrums, it looks as if Victor Li may have been the right man at the right time Victor Li Tzar-kuoi's proposed HK$3.8 billion foray ...

  9. Conduit Road residents force sale under new rule

    Posted Jan 31st 2011, 12:00am by Sandy Li

    ... 7.4 per cent lower than in Hong Kong, and New York 15 per cent cheaper than London. Out with the old It is now easier for residents of 50-year-old buildings to sell up The sale threshold ... Holdings had sent a proposal to all owners at Arts Mansion to acquire the building in a 'flat for flat' trading scheme, offering owners a new flat in the new development. Since the site ...

  10. New times, same story at challenged firm

    Posted Nov 17th 2003, 12:00am by Stephen Seawright

    ... The ups and downs of a chronic penny stock make for quite a soap opera, Stephen Seawright reports Business at New Times Group- formerly Pacific Challenge Holdings- over the past few years ... New Times has also undertaken a few interesting deals this year- including one with a former legislator with a prison record. Since 2000, the company has ditched its traditional brokerage ...




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