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Wednesday, January 4, 2012
Macau 2011 casino revenue surges to US$33.5 bil.
Macau casino gambling revenue surged by nearly half last year as the world's biggest gambling market continued to boom, powered by wealthy, high-rolling Chinese gamblers.
Monday, January 2, 2012
HK set to retain IPO crown despite rocky '12
Hong Kong looks set to retain its crown as the world's biggest initial public offering (IPO) market for the third year in a row, beating out New York, but analysts warn of a tough 2012 as market volatility continues.
Thursday, December 15, 2011
Hong Kong has become the first Asian finance center to top an annual survey of global financial development, overtaking the United States and UK.
Tuesday, November 22, 2011
Volume handled by the world's busiest air cargo hub fell 8.2 percent in October as global economic uncertainty impacted on trade, the Hong Kong Airport Authority said Monday.
Saturday, November 12, 2011
Hong Kong's economy grew 0.1 percent in the third quarter, narrowly avoiding recession after a revised 0.4 percent contraction in the previous three months, official figures showed Friday.
Friday, November 11, 2011
Hong Kong comes down with '4S' fever
Hong Kong was gripped by iPhone 4S fever on Thursday as more than 1,500 fans and resellers queued outside the Apple store ahead of the release of the smart phone in the southern Chinese city.
Tuesday, November 8, 2011
Biggest wine auction of the year uncorks US$14.5 million in Hong Kong
A weekend sale of rare French wine returned US$14.5 million, making it the year's biggest wine auction and underlining Hong Kong's status as a leading wine market, the auction house said Monday.
Wednesday, October 26, 2011
Hong Kong welcomed more than 30 million visitors in the first three quarters of 2011, 16.2 percent more than in the same period last year, the city's tourism board said Tuesday.
Wednesday, October 19, 2011
Hong Kong property giant New World Development said Tuesday it plans to raise up to US$1.59 billion from a rights issue, but its shares plunged over 17 percent as markets across Asia tumbled.
Monday, October 17, 2011
Smuggled handsets fly into and out of Hong Kong shops
Apple's iPhone 4S was on sale on Hong Kong's grey market at the weekend, attracting hundreds of fans paying up to six times official prices to get their hands on the latest model.
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