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Hong Kong shares close up 1.8 pct at highest since early February
HONG KONG May 20 (Reuters) - Hong Kong shares jumped to their highest since early February on Monday, led by Chinese cyclical counters, as investors chased a resurgent mainland China market which stretched a winning streak into a fourth ...
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First ETF launched on Portuguese market
Exchange Traded Funds (ETFs) provider SPA ETF has signed an agreement with NYSE Euronext and Portuguese bank Caixa – Banco de Investimento (CaixaBI) to list and distribute the first ever ETF in Portugal. The SPA ETF PSI-20 will be listed on the NYSE Euronext in Portugal, tracking the PSI-20, which is the Portuguese Stock Index, and opening the Portuguese ETF market to retail and ...
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Hong Kong June CPI climbs to 5.6 pct on rising rents and pork prices
Hong Kong's Consumer Price Index (CPI) in June climbed to 5.6 percent from a year ago, higher than the 5.2 percent rise in May, mainly due to the enlarged increases in private housing rentals, as well as the charges for household services and the prices of pork, the city's statistics department said here on Thursday. Netting out the effects of all the one-off relief measures from the ...
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Macau lawyer says assault was intimidation attempt
Macau was rocked by gangland killings in the run-up to its handover to China in 1999 but violence abated as its gambling industry boomed and foreigners opened ...
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Hong Kong IPO Pipeline - May 20
HONG KONG, May 20 (Reuters) - The following are some of the major companies planning initial public offerings and new listings on the Hong Kong stock exchange. Please contact Elzio Barreto at elzio.barreto@thomsonreuters.com or (+852) 2843-1608 to submit entries for this diary. Click on the square bracket for the latest story. ** Denotes new entry or update ^ Information based on local media ...
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AFC Champions League Preview Guangzhou eye last eight
Guangzhou Evergrande are in prime position to reach the AFC Champions League quarter-finals on Wednesday, while Bunyodkor could exit.Chinese Super League leaders Evergrande will take a 2-1 aggregate lead into their second leg against A-League champions the Central Coast Mariners.The big-spending outfit are favourites to progress with Brazilian Muriqui and Paraguayan Lucas Barrios in good ...
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Hong Kongs liquefied petroleum gas prices to fall in August
Hong Kong's liquefied petroleum gas (LPG) ceiling prices at LPG stations will range from 4.44 HK dollars (0.57 U.S. dollars) to 4.86 HK dollars per liter in August, down 25 to 26 cents per liter, the city's Electrical and Mechanical Services Department said here on Thursday. It said the adjustment reflects the movement of the international LPG price in ...
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How China-HK-Macau underground banking triangle flourishes
ZHUHAI, China/HONG KONG - In an underground mall just a stone's throw from China's teeming border with Macau, a row of 30 small shops with identical golden plaques does a brisk, though shadowy trade with mainland Chinese visitors, many of them bound for the gambling hub. "Good rates. Better than the banks," shout salespeople jostling to usher clients into shops where thick ...
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HONG KONG Site of crashed US warplane found in Tai Tam Country Park
A local amateur military historian has unearthed the site of a Second World War plane crash that could solve the 68-year-old riddle of two missing US warplanes and their crew, the South China Morning Post reported yesterday.According to the article, the hunt is now on for evidence such as the crewmen’s identifying dog tags that could see the site declared a war grave and trigger a US ...
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Macau economy punches way above its weight
Macau’s economy is set for a continued period of rapid growth over the next decade as Asia tops the charts in terms of revenue gained through gaming industries, but there is more to our little city-state than just casinos and hotels.
Macau is the Monaco of Asia. Although legally part of the Peoples Republic of China, this small little territory, just 29 kilometers squared and one of the most densely populated in the world, exists under the ‘one country, two systems’ policy of the Chinese government and therefore has its own internal legal system and political makeup. It is this which has enabled Macau, a tiny city-state with no natural resources, to develop one of the highest GDPs per capita in Asia, after Singapore. Read more
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