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Saturday, September 15, 2012
HK warns of property bubble from Fed plan
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.
Saturday, June 16, 2012
Hong Kong's stock exchange operator said Friday it has agreed to buy the 135-year-old London Metal Exchange for 1.4 billion pounds (US$2.2 billion) as it shifts into commodities to capitalize on Chinese demand.
Wednesday, May 30, 2012
The who's who of the wine world gathered in Hong Kong on Tuesday for Asia's biggest wine and spirits fair, hoping to tap the booming but still relatively young Chinese market.
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