Friday, June 24, 2011
Women's rights groups staged a noisy protest against Italian fashion house Prada in Hong Kong Thursday, a day ahead of its listing in the city, accusing the brand of sexual discrimination.
Saturday, June 18, 2011
Hong Kong's soaring house prices are “quite frightening” and are being fueled by wealthy buyers from China, the city's chief executive said Friday. In an interview carried by government-run radio station RTHK, Donald Tsang said property prices had been rising at a rate of 2 percent a month for the past 30 months.
Friday, June 10, 2011
A Hong Kong government land auction failed to achieve the expected record price, indicating that higher mortgage rates and government measures to cool the property market are having some effect.
Saturday, June 4, 2011
Macau casino operator MGM China Holdings Ltd. rose up to 6 percent on its Hong Kong stock exchange debut on Friday, highlighting strong investor interest in the world's biggest gambling market.
Tuesday, May 31, 2011
New auction records for rare wines have been set in Hong Kong, after three lots — including the rare Romanie-Conti — were sold over the weekend, auctioneer Acker Merrall & Condit said.
Thursday, May 19, 2011
Hong Kong's new commodity exchange backed by China's biggest bank and a Russian tycoon began trading Wednesday as the Asian city attempts to challenge established markets in Europe and the U.S.
Tuesday, May 17, 2011
Hong Kong aims to introduce an offshore spot yuan fixing rate this year, in a move aimed at boosting growth as well as the use of the Chinese currency in one of Asia's hottest financial markets.
Budget carrier Hong Kong Airlines is set to launch offshore yuan-denominated bonds, a report said Monday, amid huge demand for yuan-based products as China tries to internationalize its currency.
Tuesday, May 10, 2011
Hong Kong is one of the world's cheapest cities for phone and Internet services while Tokyo and Singapore are among the most expensive, according to a survey released Monday.
Wednesday, May 4, 2011
Hong Kong's retail sales soared 26 percent in March on the back of strong domestic and tourist spending, with “little discernible impact” from Japan's earthquake, the government said Tuesday.