EU and IMF officials struck a last-minute deal with Cyprus early Monday to resurrect a bailout for the island -- but one banking chain goes to the wall and major clients, who include many Russians...
- Mon
- Mar 25, 2013
- Updated: 12:16pm
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China’s ZTE, which helped bring the telephone to millions of homes during the Deng Xiaoping era, is counting on a new generation of tech-savvy smartphone users to drive at least US$7.5 billion (HK...
Updated 11:39AM
A special committee of Dell’s board is evaluating separate takeover proposals from Blackstone Group and billionaire investor Carl Icahn to decide whether either or both are likely to trump an...
11:44AM
Asian markets rallied on Monday after Cyprus and and its international leaders struck a deal that will qualify the island for a bailout and avoid the collapse of its banking system.
11:07AM
BANKING & FINANCE
China Construction Bank, the mainland's second-biggest bank by assets after Industrial and Commercial Bank of China, has warned that interest rate liberalisation could hurt its future income...
05:34AM
ECONOMY
Guangdong, China's biggest province in terms of economic size, will be able to achieve a growth rate between 8 and 10 per cent annually for at least another decade with the support of major new...
03:37AM
MONEY
Many are bitten by the start-up bug in Hong Kong, aka the "world's freest economy". The town celebrates successful entrepreneurs with a fervour people in other cities reserve for film and pop...
10:24AM
COMPANIES
Lion Air’s record aircraft orders underline the ambitious plans the privately held Indonesian group is hatching to emerge as a pan-Asian low cost carrier, throwing a serious challenge to AirAsia,...
11:58AM
China Business
Huang Chi-yuan is a practised multitasker. He has to be, in his position as chairman of the Taipei-based boutique merchant bank First China Capital Partners and also of the Taiwan Mergers and...
03:37AM
COMMODITIES
China Petroleum and Chemical Corp (Sinopec) is to expand its overseas investments by acquiring oil and gas exploration assets in Kazakhstan and Russia from its parent for close to US$3 billion.
05:33AM
Money
The Hong Kong insurance industry will raise its disclosure on fees in mid-April. However, buyer beware, most consumers will not notice a difference.
03:30AM
What does mainland China's highest grossing film of 2012 have to do with a tourist boom in Thailand?
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The constant upkeep of a woman's appearance requires time, effort and most of all, money. But products vary wildly in terms of prices, so where does one start for decent and affordable cosmetics...
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STOCK TALK
25Mar
Asian markets rallied on Monday after Cyprus and and its international leaders struck a deal that will qualify the island for a bailout and avoid the collapse of its banking system.
MARKETS & INVESTING
Asian markets rallied on Monday after Cyprus and and its international leaders struck a deal that will qualify the island for a bailout and avoid the collapse of its banking system.
11:07AM
SPENDING
The constant upkeep of a woman's appearance requires time, effort and most of all, money. But products vary wildly in terms of prices, so where does one start for decent and affordable cosmetics...
03:30AM
Wealth
The Cyprus fiscal nosedive comes as a blow to wealthy Chinese immigrants seeking a relatively cheap route to property and residency in the euro zone. Along with Ireland, Spain and Portugal, Cyprus...
05:22AM
Would you trust a European bank with your savings now? It was the accident waiting to happen. Cyprus, the Eurozone bailout that failed.
11:57PM
I’m old enough to remember when the Hong Kong Rugby Sevens was, well, about Rugby Sevens. There was a bit of 10s thrown in, but that was just the warm-up for the real thing.
03:38PM
That news story about China’s leaders wearing identical red ties, dark suits and helmets of jet black hair is absolutely true.
05:45PM
Private banks and indeed financial institutions of various kinds devote a surprising amount of time to churning out surveys of wealthy people’s investing habits, attitudes to risk, and spending....
09:29PM
Companies
China’s ZTE, which helped bring the telephone to millions of homes during the Deng Xiaoping era, is counting on a new generation of tech-savvy smartphone users to drive at least US$7.5 billion (HK...
Updated 11:39AM
BYD, the Chinese carmaker backed by the American billionaire Warren Buffett, said new and upgraded models were winning back buyers and would boost first-quarter profit after a plunge in earnings...
03:37AM
The government's plan to seize and auction off chunks of 3G mobile spectrum will act as a new tax on the sector and significantly raise the cost of mobile telecommunications services, according to...
05:32AM
Property developers Cheung Kong and Hutchison Whampoa will report sharply lower profits for 2012 when they unveil their annual results tomorrow.
05:40AM
Banking & Finance
Hong Kong's big banks are anxious to see smaller peers follow the rises in mortgage interest rates the largest operators announced earlier this month, after a gap opened up that could let smaller...
05:38AM
Commodities
CNOOC will continue to seek growth opportunities abroad after completing mainland China's largest overseas acquisition, which its chairman said was full of challenges. China's largest offshore oil...
05:14AM
A decade ago, fur rancher Bob Zimbal had about 34,000 mink at his three southeastern Wisconsin farms. He was in survival mode, struggling to compete with farmers producing cheaper pelts overseas....
03:47PM
Economy
EU and IMF officials struck a last-minute deal with Cyprus early Monday to resurrect a bailout for the island -- but one banking chain goes to the wall and major clients, who include many Russians...
11:25AM
China Business
Guangdong, China's biggest province in terms of economic size, will be able to achieve a growth rate between 8 and 10 per cent annually for at least another decade with the support of major new...
03:37AM
Property
Sun Hung Kai Properties' release yesterday of the first batch of 50 flats at its luxury Riva residential project in Yuen Long underscored the weakening property market.
03:41AM
Video
- World Cyprus bailout - it's on again EU and IMF officials strike a last-minute deal with Cyprus to resurrect a bailout for the island -- but one banking chain goes to the wall and major clients, who include many Russians, will take a...
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- World Mysterious death of Russian oligarch, Boris Berezovsky Boris Berezovsky, the exiled Russian oligarch and long-time opponent of the Kremlin, was discovered dead at his home near London on Saturday in "unexplained" circumstances, his spokesman and police...
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- Entertainment A Day at the Hong Kong Sevens A glimpse at the some of the fans -- many in costumes -- who gathered at Hong Kong Stadium to watch teams from all over the world play seven-a-side rugby matches.
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- World North Korea's fantasy invasion of Seoul North Korea posts a new propaganda video, showing an invasion scenario of Seoul that it says would see thousands of US citizens taken hostage.
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