• Thu
  • Apr 17, 2014
  • Updated: 2:08am

London

Apec's Beijing move no skin off Hong Kong's nose

The following conversation might or might not have taken place. However, its contents will be treated with disbelief by the serried ranks of "experts" who purport to know how business is conducted but have never had their knowledge sullied by any actual experience.

Wednesday, 5 March, 2014, 1:25am 4 comments

Asian players develop an appetite for risky commodities trading

While Western financial giants have been exiting the high-risk, high-reward commodities trading business, capital-rich Asian firms, including state-owned banks and brokerages from China, have seized the opportunity to enter the market.

22 Jan 2014 - 12:40am 1 comment

China Merchants Securities taps British market

China Merchants Securities, one of the mainland’s oldest and largest securities houses, has set up a subsidiary in Britain to expand into global capital and commodities markets, with a focus on derivatives – at a time when Western rivals are trying to scale back from a business that often comes with high profits and equally high risks.

12 Dec 2013 - 1:45am

Londoners forced to rent will fuel boom in apartment investment

Londoners are increasingly becoming tenants whether they like it or not after the British capital's average home price passed £500,000 (HK$6 million) last month.

With first-time buyers having to borrow more than ever and save longer to afford a down payment, leasing demand is set to soar, and developers and investors are building like never before.

12 Jun 2013 - 4:07am

London luxury market takes a hit

Luxury homes in central London had the smallest annual increase last month since December 2009 on a decline in the Knightsbridge area, the site of Christian Candy's One Hyde Park complex, Knight Frank said.

5 Jun 2013 - 4:40am

British National Party protest after soldier's killing drowned out by anti-fascists

Police intervened to separate about 150 far-right protesters from a much larger anti-racism crowd in London yesterday to stop them from coming to blows over the killing of a British soldier on a busy street last week.

2 Jun 2013 - 7:58am

Half of new homebuyers in London market are foreigners

Foreigners spent more than £3 billion (HK$35.7 billion) on new homes in Britain's capital last year, a 25 per cent increase from 2011, broker Jones Lang LaSalle said.

15 May 2013 - 3:06am 1 comment

London homes selling at fastest pace since 2007

London homes changed hands at the fastest pace since 2007 last month as the capital's property market drove a third month of UK house price increases, property researcher Hometrack said.

1 May 2013 - 3:44am

Draughty London mansion, anyone?

So, London’s reputedly most expensive mansion has been trumped by London’s even more expensive mansion. This comes only a few weeks after reading that Heath Hall, on north London’s Hampstead Heath had its asking price slashed by a thumping £35 million (HK$420 million) from its previous £100 million (HK$1.2 billion) tag.

29 Apr 2013 - 12:56pm

Super-rich eye London's most expensive house

Wealthy Hong Kong and mainland buyers, who have been pouring their money into London's prime bricks and mortar, are now eyeing Britain's most expensive mansion. The house on Carlton House Terrace in central London has a price tag of £250 million (HK$2.95 billion).

24 Apr 2013 - 6:03am

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