Saturday, December 8, 2012
The Hong Kong Stock Exchange on Thursday completed its takeover of the London Metal Exchange, the pair said in a statement.
Wednesday, December 5, 2012
Failed Belgian-French bank Dexia said Tuesday that it had entered into exclusive talks with Hong Kong-based GCS Capital on taking over its asset management business.
Saturday, December 1, 2012
The Hong Kong Stock Exchange (HKEx) said Friday it will sell US$1 billion in new shares to fund a takeover of the London Metal Exchange (LME), a day after the deal received the green light from British regulators.
Wednesday, November 28, 2012
Hong Kong's de facto central bank on Tuesday said it intervened in the currency market to weaken the local dollar, preventing it from strengthening past its trading peg with the U.S. dollar.
Saturday, November 17, 2012
Hong Kong's economy grew a seasonally adjusted 0.6 percent in the third quarter from the second, better than expectations, which helped the trade-dependent territory avoid a recession as its exports regained traction amid the global slowdown.
Hong Kong's bustling shopping district of Causeway Bay has knocked New York's Fifth Avenue off the top of the list of most expensive places to rent retail space in the world, new research shows.
Wednesday, October 24, 2012
Hong Kong's de facto central bank intervened in the currency market Tuesday for the second time in a week as the local dollar hit its upper trading limit against the greenback.
Tuesday, October 23, 2012
The Hong Kong Polytechnic University confirmed a media report yesterday that it will collaborate with Boeing Co. in setting up an aircraft maintenance and service center in Hong Kong.
Monday, October 22, 2012
The Hong Kong Monetary Authority has sold US$603 million worth of Hong Kong dollars in the foreign exchange market in an effort to curb the currency's rise, a report said.
Saturday, September 29, 2012
Hong Kong Friday said its first free trade agreement with European countries would take effect from the beginning of October, opening up business opportunities and cutting prices of imports.