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  • Interest rate steady at 0.25

    The composite interest rate was 0.25% at the end of April, matching its level at the end of March, the Monetary Authority said today.The composite interest rate is a weighted average interest rate of all Hong Kong dollar interest bearing liabilities, which include deposits from customers, amounts due to banks, negotiable certificates of deposit and other debt instruments, and Hong Kong dollar ...

  • Jobless rate stays at 3.5

    The seasonally adjusted unemployment rate was 3.5% in the February-April period, the same as that for January-March, while the underemployment rate also remained unchanged at 1.6%, the Census & Statistics Department announced today.Increases in the unemployment rate were mainly observed in the retail, manufacturing, and accommodation and food services sectors, while decreases were mainly ...

  • CE meets Guizhou officials

    Chief Executive CY Leung met Guizhou Provincial Committee Secretary Zhao Kezhi and Guizhou Governor Chen Min'er at Government House today.Mr Leung welcomed their visit to attend the opening of the Guizhou-Hong Kong investment and trade week, and wished the event every success.He said Hong Kong and Guizhou have close economic and trade relations, and the two places can complement each ...

  • Hong Kong shares soar to 3-12-month high China extends winning streak

    Mon May 20, 2013 4:47am EDT * HSI +1.8 pct, H-shares +1.5 pct, CSI300 +0.7 pct * Gains came in the highest Shanghai volume in almost two months * China April home price data lifts property sector * Tencent hits another record high, surpasses HK$300 mark By Clement Tan HONG KONG, May 20 (Reuters) - Hong Kong shares jumped to their highest since early February on Monday, led by Chinese cyclical ...

  • Hang Seng rallies 1.7pc to close

    (11 mins ago) Hong Kong shares finished 1.78 percent higher on Monday following a three-day weekend, reflecting a bullish mood on Wall Street which ended last week at another all-time high. The benchmark Hang Seng Index added 410.35 points to end at 23,493.03 on turnover of HK$69.06 billion, AFP reports. Chinese shares closed up 0.75 percent on Monday as investors hunted for bargains in ...


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Last Updated on May 20, 5:30 PM CST
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Movie Review

The Descendants [Blu-Ray]

The Descendants [Blu-Ray]

In The Descendants, Alexander Paynes first feature film in nearly seven years, George Clooney stars as Matt King, a real-estate lawyer in Hawaii who is faced with two interlocking crises: The first involves his wife, who he learns was cheating on him after a boating accident p ... ...

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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 ...

  • 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 ...

  • 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 ...

  • Hong Kongs liquefied petroleum gas prices to fall in August

    Hong Kong's liquefied petroleum gas (LPG) ceiling prices at LPG stations will range from 4.44 HK dollars (0.57 U.S. dollars) to 4.86 HK dollars per liter in August, down 25 to 26 cents per liter, the city's Electrical and Mechanical Services Department said here on Thursday. It said the adjustment reflects the movement of the international LPG price in ...

  • Hang Seng up at noon

    (41 mins ago) Hong Kong stocks were up 1.70 percent by the break on Monday, with investors encouraged by strong US data and reflecting a bullish mood on Wall Street, which ended last week at another all-time high. The benchmark Hang Seng Index rose 391.35 points to 23,474.03 by the noon break on turnover of HK$37.26 billion, AFP ...

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