Saturday, September 29, 2012
Hong Kong Friday said its first free trade agreement with European countries would take effect from the beginning of October, opening up business opportunities and cutting prices of imports.
Saturday, September 15, 2012
Hong Kong's Monetary Authority (HKMA) warned Friday that the loosening of monetary policy in the United States could lead to overheating in the territory's already hot property sector.
Saturday, August 11, 2012
Hong Kong's economy grew weakly in the second quarter as the simmering European debt crisis cut demand for exports. The government warned Friday that "downside risks in the global economy continued to loom large." It lowered the full-year economic growth forecast to 1-2 percent from 1-3 percent.
Thursday, July 26, 2012
A consortium led by Asia's richest man Li Ka-shing agreed Wednesday to acquire a British gas distribution company for 645 million pounds (US$1 billion), the companies said.