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  • Ovitrap index rises to 2.5

    The monthly average ovitrap index for April rose to 2.5% from 0.1% in March, the Food & Environmental Hygiene Department announced today.The ovitrap indices reflect the prevalence of Aedes albopictus, a mosquito vector for Dengue fever transmission.Among the 44 areas surveyed last month, positive ovitrap indices were recorded in 20 areas, ranging from 1.6% to 16.7%, with the highest in ...

  • Welfare cases fall 0.2

    The Overall Comprehensive Social Security Assistance caseload stood at 267,206 in April, with a total of 412,889 recipients, the Social Welfare Department announced today.Compared to March, there was a reduction of 417 cases, or a drop of 0.2%.Low earnings and unemployment cases registered month-to-month decreases of 0.9% and 0.7% to 9,854 and 23,139 cases.Single parent and old age cases both ...

  • Views sought on stored value facilities

    The Financial Services & the Treasury Bureau and the Monetary Authority are seeking views on a proposal to enhance the regulatory regime for stored value facilities and retail payment systems in Hong Kong.The Banking Ordinance currently contains a regulatory regime for multi-purpose stored value cards to regulate device-based stored value products.The authority's Deputy Chief Executive ...

  • Hong Kong Regulator Says Former Deutsche Bank Trader Violated Code of Conduct

    The Securities and Futures Commission said late Tuesday a former trader at Deutsche Bank AG violated the regulator's code of conduct, which resulted in a sudden fall in the price of HSBC Holdings PLC's (0005.HK) Hong Kong-listed shares four years ago.The regulator's statement follows a multi-year investigation that aimed to uncover whether there was any market manipulation ...

  • Sinopec Engineering shares jump ahead of Hong Kong debut

    HONG KONG | Wed May 22, 2013 4:40am EDT HONG KONG May 22 (Reuters) - Sinopec Engineering (Group) Co Ltd gained as much as 8.6 percent in gray market trading on Wednesday, underscoring expectations the stock will climb in its official debut on the Hong Kong stock exchange on Thursday. Shares of Sinopec Engineering traded as high as HK$11.40, up from the IPO price of HK$10.50, according ...


rain
Hong Kong Weather
26°C Light Rain Showers
Winds: From the Variable at 4 MPH
Thu
tstorms
30° 26°
Fri
tstorms
33° 26°
Sat
chancetstorms
34° 26°
Last Updated on May 22, 5:00 PM CST
Weather sourced from Weather Underground

Movie Review

Everything Must Go

Everything Must Go

Writing five years ago about Will Ferrells initial step out of his comedic comfort zone into more dramatic acting in the off-beat Hollywood dramedy Stranger Than Fiction (2006), I described Ferrells performance as fine, although its really just subdued; Ferrell never g ... ...

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  • Central Oasis ready in 2020

    The first phase of the proposed Central Oasis project to revitalise the former Central Market is expected to be completed by 2017-18, while the whole project will be completed by 2019-20.Secretary for Development Paul Chan made the statement to lawmakers today, saying the project is two years behind the original plan. The new dates are subject to Town Planning Board approval."Apart from ...

  • Spotlight on Hong Kong as Art Basel opens

    The first Art Basel fair to be hosted by Hong Kong boasts a prestigious array of international art, highlighting the city's new role as a global arts hub amid an explosion of personal wealth in mainland China. The four-day annual event, previewed by VIPs Wednesday and opening to the public Thursday, has works from more than 3,000 international artists and from 245 of the world's ...

  • Hang Seng Shanghai close lower

    (1 min ago) Stocks in Hong Kong closed down 0.45 percent despite a strong lead from Wall Street, as dealers awaited testimony by US Federal Reserve chairman Ben Bernanke on the economic outlook. The benchmark Hang Seng Index lost 105.29 points to 23,261 on turnover of HK$52.41 billion. Trading began in the city todat at 1pm after a delay over a severe rainstorm warning. Stocks in Shanghai ...

  • Hong Kong shares close down 0.5 pct Chinese power producers weak again

    HONG KONG | Wed May 22, 2013 4:08am EDT HONG KONG May 22 (Reuters) - Hong Kong shares fell further from a 3-1/2-month high on Wednesday, with Chinese power producers extending losses, hit by a Citi downgrade on fears that a possible tariff cut could hurt profit margins. The Hang Seng Index closed down 0.5 percent at 23,261.08 points, its second loss after ending Monday at its highest ...

  • ExCo suspension justified CE

    Chief Executive CY Leung has reiterated that the suspension of the Executive Council's weekly meeting yesterday was due to no items being on the agenda, and the decision was made a week ago. It had nothing to do with the matter relating to Barry Cheung.Mr Leung made the statement to the media today before attending a ceremony.He said the Executive Council has met often, and its meetings ...

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