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Shuttler Sai Praneeth upsets second seed in Singapore
After sending Taufik Hidayat into retirement, India's B. Sai Praneeth caused another big upset by defeating second seed Yun Hu of Hong Kong in the men's singles first round of the Singapore Open Super Series here Wednesday. The 20-year-old Sai, ranked 61 in the world, thrashed World No.4 Hu 21-9, 21-10 in exactly half an hour at the Singapore Indoor Stadium to level his head-to-head to ...
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$6m in smuggled goods seized
Customs officers have seized $6 million worth of electronic goods in an anti-smuggling crackdown in Tuen Mun. They found five men moving goods from a van onto a high-power speedboat at the landing steps on Ho Hoi Street yesterday.The suspects fled in the speedboat when the officers took action.A search is ongoing.Eighty-two cartons containing 1,147 tablet computers, 599 digital cameras, 114 ...
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iBond applications set record
Subscription and allocation results were released today for the third inflation-linked iBond, which will be issued on June 24.A total of 520,823 valid applications were received for more than $39.6 billion in the principal amount of the bond, setting new records in the local retail bond market.All valid applications will be allocated one unit of bond first. Those applying for more than one unit, ...
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Hong Kongs inflation slows to 3.9 pct in May
Hong Kong's Consumer Price Index (CPI) fell to 3.9 percent year-on-year in May from 4.0 percent in April, mainly due to the smaller rise in the prices for fresh vegetables, the city's statistics department said here on Thursday.Netting out the effects of the government's one-off relief measures, the year-on-year CPI in May was 3.8 percent, compared to 3.9 percent in April.Amongst ...
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Total exports up 8.6
The volume of total goods exports and imports in April increased 8.6% and 7.9% compared to April last year, the Census & Statistics Department said today.The volume of Hong Kong's goods re-exports increased 8.9%, while that of domestic exports decreased 7.1% year-on-year.Comparing the first four months of 2013 with the same period in 2012, the volume of Hong Kong's goods re-exports ...
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Movie Review
The English Patient
"The English Patient" is a is a huge, brooding expanse of a film that intricately tangles love and tragedy and passion and anger and violence and war into one giant collage that sometimes threatens to engulf the viewer with all its complexities. Yet, the true irony is that, after leaving the theater, I felt like there wasn't as much to the film as I had felt there was while watching it. The story ... ...
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Consumer prices up 3.9
Overall consumer prices rose 3.9% year-on-year in May, compared to the corresponding 4% increase in April, the Census & Statistics Department said today.Netting out the effects of the Government's one-off relief measures, the year-on-year rate of increase in the Composite Consumer Price Index in May was 3.8%, compared to 3.9% in April.The department said the change was due to the slower ...
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Summer fun fairs to be held
The Leisure & Cultural Services Department is holding two fun-filled summer activities in July, at the Cultural Centre and the Yau Ma Tei Theatre.The Arts Marathon for the Family, featuring drama, music, dancing, and painting, will be held on July 7 at the Cultural Centre.The April Theatre troupe will kick off the event, performing the drama Tin Shui Wai's Stories.Live music will come ...
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Hong Kong firm to buy 60 single-aisle Airbus jets
LE BOURGET, France - A Hong Kong aircraft leasing company has agreed to buy 60 Airbus single-aisle jets, which have been selling well at this week at the Paris Air Show.Hong Kong Aviation Capital placed an order Thursday for 40 of the new generation A320 jets and 20 new generation A321s. At list prices, the deal is worth $6.3 billion, but customers typically negotiate steep discounts on ...
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Hong Kong’s Curbs Exacerbates Housing Supply Shortage JLL Says
Jones Lang LaSalle Inc. (JLL) The government should replace the extra tax imposed on all homes resold within three years after purchases with a capital gain tax, and scrap a February move to double stamp duty taxes on all properties, Joseph Tsang, Hong Kong-based managing director at the world's second-biggest commercial realtor, said in a briefing ...
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Hang Seng Shanghai take a hit
(43 mins ago) Hong Kong and Shanghai stocks sank today after data showed manufacturing activity in China contracted for a second straight month in June. The benchmark Hang Seng Index in Hong Kong ended down 2.85 percent, or 598.27 points, at 20,388.62 on turnover of HK$75.34 billion. Stocks in Shanghai closed down 2.77 percent. The benchmark Shanghai Composite Index slumped 59.43 points to ...
On the record
Our nuclear programmes are completely transparent. But we are ready to show greater transparency and make clear for the whole world that the steps of the Islamic Republic of Iran are completely within international frameworks. The sanctions are unfair, the Iranian people are suffering, and our (nuclear) activities are legal. These sanctions are illegal and only benefit Israel.
Hassan Rouhani
Iran's president-elect was speaking after his historic election victory.
Hotel Review
Hyatt Regency New Orleans
Expectations were high for this top of the line Hyatt product in "The Big Easy". The taxi rolled up to ...
Keep readingNews Survey
Should tax havens be forced to lift their shroud of secrecy?
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