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UPI Thoroughbred Racing Roundup
There will be no Triple Crown winner again this year, but Orb's defeat in the Preakness Stakes does tee up an interesting summer of racing. Meanwhile, some other potential stars, including Last Gunfighter and Fiftyshadesofhay, emerged from the weekend of racing at Pimlico. Hong Kong horses ran off with both of Singapore's International Group 1 races, Farhh provided a bright spot for ...
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Report North Korea holding Chinese fishing boat crew
China has asked North Korea to immediately release a Chinese fishing boat and its crew, who have been held since May 5, diplomats said. The Chinese Embassy in Pyongyang asked North Koreans to ensure the safety of the detained fishermen, Chinese diplomat Jiang Yaxian told the official Chinese Xinhua News Agency. China's Global Times reported 16 Chinese fishermen were kidnapped May 5 by ...
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Li Keqiang makes India first stop on his foreign visit
China's official media, in its extensive coverage of Chinese Premier Li Keqiang's Indian visit, sought to play down the Asian neighbors' border disputes. Li, who made India the first stop on his first foreign tour since becoming the China's No. 2 leader, arrived in New Delhi Sunday on a three-day trip. The visit comes after last month's tense situation resulting from a ...
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Hong Kong Mercantile Exchange closes gold silver electronic trading platform
HONG KONG | Mon May 20, 2013 5:04am EDT HONG KONG May 20 (Reuters) - The Hong Kong Mercantile Exchange, operator of an electronic platform for trading in gold and silver futures, has given up its licence from the local securities regulator to provide automated trading services. The Securities and Futures Commission said in a statement the Hong Kong-based operator had decided to ...
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5 dead 20 missing in E. China plant blast
Five people have been confirmed dead in a blast that ripped through an explosives manufacturing plant in East China's Shandong Province Monday morning. The explosion occurred at 10:50 a.m. at the plant owned by the Poly Explosives (Jinan) Co., Ltd. at Caofan Township, Zhangqiu City. Thirty-four workers were working in the workshop at the time of the accident, according to local fire ...
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Home advantage for Guangzhou
(44 mins ago) Guangzhou Evergrande will look to sweep aside the challenge of Central Coast Mariners and book their spot in the AFC Champions League last eight for the second year running this week. The Chinese domestic double-winners hold a 2-1 advantage from last week's round of 16 first leg, when goals from Lucas Barrios and Muriqui secured a stylish win at the Mariners' ground in ...
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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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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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