Saturday, December 1, 2012
The Hong Kong Stock Exchange (HKEx) said Friday it will sell US$1 billion in new shares to fund a takeover of the London Metal Exchange (LME), a day after the deal received the green light from British regulators.
Wednesday, November 28, 2012
Hong Kong's de facto central bank on Tuesday said it intervened in the currency market to weaken the local dollar, preventing it from strengthening past its trading peg with the U.S. dollar.
Saturday, November 17, 2012
Hong Kong's economy grew a seasonally adjusted 0.6 percent in the third quarter from the second, better than expectations, which helped the trade-dependent territory avoid a recession as its exports regained traction amid the global slowdown.
Hong Kong's bustling shopping district of Causeway Bay has knocked New York's Fifth Avenue off the top of the list of most expensive places to rent retail space in the world, new research shows.