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  1. HK economy contracts 0.1pc on decline in exports

    Posted Aug 11th 2012, 12:00am

    ... of the year. The contraction, attributed mainly to the worsening euro debt crisis and slower recovery in the United States, prompted the government to lower its forecast for Hong Kong's economic ... and imports are predominantly re-exports to and from the mainland. Chan said the economic outlook for the euro zone remained dim. The overall jobless rate across the nations using the common currency ...

  2. Battle over China Gas takes new turn

    Posted Aug 03rd 2012, 12:00am

    ... director, has added a new twist to the ongoing saga of the fight for control over the nation's largest city-gas distributor. It is too early to tell whether Liu's return will herald an end ... on the mainland. He also played a key role in introducing strategic shareholders including China Petroleum & Chemical (Sinopec), the nation's second-largest oil and gas producer; state-owned Oman ...

  3. Power shutdown to short CLP's earnings

    Posted Jul 10th 2012, 12:00am

    ... by the incident. A CLP spokeswoman said the statement was not a profit warning, and that three of the plant's power-generation units should be back in operation by the middle of this month. ... in the state of Victoria last month and crippled three of the four units at the Yallourn coal-fired power station, which belongs to CLP's largest overseas subsidiary, TRUenergy. Analysts estimate ...

  4. Stake increase puts paid to hostile bid

    Posted Jun 29th 2012, 12:00am

    ... to the exchange. SK E&S and SK Gas- units of South Korean conglomerate SK Group- together have 15.34 per cent. Beijing Enterprises Group, the Fortune Oil-Liu alliance and SK Group have amassed ... on the subject. Some analysts have speculated its stake increase in China Gas is supported by business partner PetroChina, Sinopec's rival and the nation's largest gas producer. PetroChina ...

  5. Bracing for the euro fallout

    Posted Jun 17th 2012, 12:00am

    ... Staff reporters 'Should I stay or should I go' could be Greece's new national anthem, amid rising fears over its ability to stay in the euro zone. It's possible exit ... a vice-chairman of the National Development and Reform Commission- China's state planning agency- said Greece would stay put. But he said that solving the euro zone's problems was 'a huge ...

  6. Euro zone holds key to recovery

    Posted Jun 15th 2012, 12:00am

    ... such as a strong recovery in the United States market and pump-priming measures by the central government to push up the mainland economy.' Edward Au, national co-leader of the public offering group ... or to sell off everything at one go. Recent jobs data from the United States has also not been encouraging. With all the doom and gloom lingering over equity markets, it's not surprising ...

  7. HK's rivals zoom in on mainland

    Posted Jun 15th 2012, 12:00am

    ... the Shanghai Stock Exchange said it had no imminent plans to do so. Prominent names such as Formula One and Manchester United have opted for Singapore. Motor racing company Formula One is planning ... competition from farther afield, says Edward Au, national co-leader of Deloitte China's public offering group. 'Hong Kong is always competing with the biggest capital market in the world, ...

  8. Just what the doctor ordered

    Posted May 07th 2012, 12:00am

    ... with customers in China already and they asked us to participate, as this would give a better opportunity for their customers and representatives to come and see what support and units we can ... which allows users to test surgical procedures on a virtual patient's three-dimensional organ models. The Institute of Biomedical Engineering at National Taiwan University (BioNEMS Lab) ...

  9. HK among top places for doing business

    Posted Mar 22nd 2012, 12:00am

    ... The city's free-market policies and low corporate taxes as well as its position as the gateway to the world's most populous nation were cited as chief reasons behind its top ranking. The Boao ... index based on six criteria including the degree of economic integration and labour costs. The Netherlands, United States, Britain and Australia occupied the next four slots. The ranking marks ...

  10. Tide turns on bank tie-ups

    Posted Mar 21st 2012, 12:00am

    ... of the so-called 'strategic partnership' between Chinese and foreign banks. The United States bank is not the first foreign lender to invest in a Chinese bank, but Beijing saw the Citigroup-SPDB ... Xia, who had served as a member of the monetary policy committee of the People's Bank of China, the nation's central bank. Citigroup said on Monday it had sold its remaining 2.71 per ...




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