JP Morgan Asset Management has carved a niche for itself as one of the leading overseas fund houses in town, but chairman Paul Bateman has his sights set on the firm becoming one of Hong Kong's largest houses overall.Friday, 19 November, 2010, 12:00am
An air-cargo venture expected to increase Cathay Pacific Airways' presence on the mainland could take off as early as next month, chairman Christopher Pratt said yesterday.18 Nov 2010 - 12:00am
MetLife, the US insurance company best known for its Snoopy icon and a US$16.2 billion takeover of American Life Insurance Company (Alico), wants to expand in the Asia-Pacific region through a combination of organic growth and acquisitions.17 Nov 2010 - 12:00am
General Motors will pay US$51 million to boost its stake in its mainland commercial vehicle joint venture ahead of next week's planned US$10.6 billion stock market listing in New York, eyeing a larger piece of the growing vehicle demand in second and third tier cities and towns across the mainland.12 Nov 2010 - 12:00am
Luxury properties in Hong Kong are among the most sought after in the world.
This year, benefiting from an influx of capital from the mainland and overseas, ultra-low interest rates, and a tendency for wealthy individuals to prefer property over other asset classes, luxury property prices have surpassed records set in 1997.12 Nov 2010 - 12:00am
Guangzhou authorities have admitted some technical flaws in recently-built infrastructure, but say the rush to prepare the city for the Asian Games has not compromised the safety of its transport network.7 Nov 2010 - 12:00am
Spanish banking giant Banco Santander is expanding in China, as trade transactions between Asia and Latin America balloon among its clients.
'We are here in China because we must follow our clients,' said Juan Inciarte, senior executive vice-president for strategy. 'Our aim is to become one of the leading banks regarding trade transactions between Asia and Latin America.'5 Nov 2010 - 12:00am
Record gambling volumes and a lucky streak on the high-stakes baccarat tables boosted Melco Crown Entertainment to its first quarterly profit since March 2008 in the three months to September.3 Nov 2010 - 12:00am
The development secretary says a developer may 'learn a lesson' from the latest residential project it delivered with the Urban Renewal Authority, which has been criticised for its tiny flats and sky-high prices.
Carrie Lam Cheng Yuet-ngor was commenting on the Queen's Cube project in Wan Chai, the URA development with Nan Fung Group which is currently on sale.27 Oct 2010 - 12:00am
Tiger Gate Entertainment, a Hong Kong-founded pay-television channel operator and programming distributor, is stepping up its expansion with plans to extend its reach into the mainland and the release of its initial slate of films next year.25 Oct 2010 - 12:00am