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  • New Hong Kong Billionaire Horst Pudwill Emerges As U.S. Housing Recovery Boosts Power Equipment Exports

    Horst Julius Pudwill, chairman of Techtronic Industries, is a new Forbes billionaire with a networth of $1 billion. (Image credit: Techtronic Industries)) Horst Julius Pudwill, chairman of Hong Kong-based Techtronic Industries, has emerged as a new billionaire as shares of the power equipment supplier surged by more than 100% in the past year. With the bulk of its manufacturing facilities in ...

  • Kowloon East is rising

    The limited buying options of office space in the core areas of Central, Wan Chai, Causeway Bay and Island East, as well as high rents, have encouraged more long-term investors and end-users to consider decentralized areas such as Kowloon East. The emergence of Kowloon East as central business district 2 will be facilitated by the upcoming sizable supply there, coupled with infrastructure ...

  • Hong Kong Down on shortened trade

    STOCKS closed down 0.45 per cent yesterday despite a strong lead from Wall Street, as dealers waited for testimony from Federal Reserve chairman Ben Bernanke on the US economic outlook. The benchmark Hang Seng Index lost 105.29 points to 23,261 on turnover of HK$52.41 billion after the morning session was cancelled because of a heavy rainfall warning. In the city's second biggest initial ...

  • Shares of China Galaxy Securities Rise 6 on Debut

    China Galaxy Securities Co. (6881) , a brokerage controlled by the country's sovereign wealth fund, jumped 6 percent at its Hong Kong trading debut today. Trading was postponed to 1 p.m. after the Hong Kong government issued a "black" rainstorm warning, prompting the stock exchange to cancel its morning session. The shares closed at HK$5.62, up from the issue price of ...

  • Panel to probe transplant incident

    The Hospital Authority says it is very concerned about the heart transplant incident at Queen Mary Hospital, and has asked it to form an inquiry panel to investigate the event thoroughly and independently.The authority said a report with recommendations is expected to be submitted in eight weeks. The findings will be explained to the patient's family.The authority has apologised to the ...


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25°C Scattered Clouds
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Last Updated on May 23, 5:00 AM CST
Weather sourced from Weather Underground

Movie Review

Doctor Dolittle

"Doctor Dolittle" is a sometimes gross, sometimes sweet-natured comedy about the value of not fitting in. The story is about a man who can talk to animals, and because this mysterious gift that makes him different, people brand him "weird." The movie puts forth a good (if somewhat overstated) message that sometimes what some label "weird" should not automatically be labeled ... ...

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  • CE meets acting Heilongjiang chief

    Chief Executive CY Leung met the visiting acting Governor of Heilongjiang Lu Hao at Government House tonight.Mr Leung welcomed Mr Lu, and said Hong Kong and Heilongjiang enjoy close economic and trade relationships.He said he hoped the two sides can strengthen co-operation in service industries and foster exchange of talent to create more business ...

  • Pay findings not unanimously agreed

    The Pay Trend Survey Committee met today to consider the findings of the 2013 Pay Trend Survey, and the two Staff Side representatives of the Police Force Council did not agree to validate the survey findings.One Staff Side representative of the Senior Civil Service Council accepted the survey findings with reservations, and the two Staff Side representatives of the Disciplined Services ...

  • Chapman brothers exhibit hanged Ronald McDonald in Hong Kong

    What can only be described as grotesque by conservative art connoisseurs is beauty for the Chapman brothers. By the looks of their work, it seems that they create art to shock regular ...

  • Hong Kong soaked by black rainstorm

    A mother carries her daughter as she wades through ankle-deep water on the streets of Hong Kong – where rainfall in some districts reached 200 millimetres. The Hong Kong Observatory issued a black rainstorm warning signal on Wednesday May 22. REUTERS/Tyrone ...

  • Hong Kong Finds Its Footing in Art World

    As Art Basel inaugurates its first fair in the Far East on Thursday, it will not only be staking its claim to a growing market for contemporary and modern art, but also bolstering Hong Kong's position as the dominant art hub of ...

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