Hong Kong stocks retreat ICBC shares drop

General Sources - Monday 20th May, 2013

HONG KONG (MarketWatch) -- Hong Kong stocks on Tuesday retreated after a three-day winning streak, with Industrial & Commercial Bank of China Ltd. sliding on news Goldman Sachs Group Inc. sold the remainder of its stake in the Chinese lender. The Hang Seng ...

Hong Kong opens lower as bank shares weaken Hang Seng Index down 0.3

General Sources - Monday 20th May, 2013

SYDNEY--Australia's central bank cut its benchmark interest rate to record lows at the start of May to give the resource-rich economy a further jolt as a rapid cooling in mining investment and a high Australian dollar slowed growth and eroded business ...

Hong Kong Says It Will Reduce Waste by 40 Percent Per Person

General Sources - Monday 20th May, 2013

Ashley Davis , Mon, May 20, 2013 As one of the most populated cities in the world, Hong Kong has a lot of waste. They are hoping to reduce their waste by 40 percent in ten years as part of a ...

Cathay Pacifics Airbus A350 to get new first business class seats

ABT - Monday 20th May, 2013

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New Live Nation JV to Promote Concerts in Hong Kong Singapore

General Sources - Monday 20th May, 2013

) has announced that it has formed a joint venture withLushington Entertainments to promote concerts in the countries. The first joint effort will be a Linkin Park concert in Hong Kong on Aug. 15. Lushington has been operating in the region since 1990, whileLive Nation commenced operations inHong KongandSingaporein 2005. The formerwas established to promoteEric Clapton's first Asian tour, ...

Hong Kong The InterContinental Hotels Bounty Of Rooms With A Sensational View

Forbes - Monday 20th May, 2013

The sharply angled facade of the InterContinental Hong Kong is one reason why so many rooms have such spectacular harbor views. (Photo credit: Wikipedia) Here's his first swing: H-VQ or Harbor-View Quotient, which is the number of rooms that have a bona-fide view of a harbor divided by the total number of hotel rooms. If a hotel had only harbor-view rooms, the H-VQ would be one. For most ...

Hong Kong launches plan to tackle waste crisis

West Australian - Monday 20th May, 2013

HONG KONG (AFP) - Hong Kong on Monday launched a ten-year plan to reduce waste by 40 percent per person as part of efforts to catch up with other leading Asian cities and avert a looming environmental crisis.With a population of more than 7 million, the city currently sends 1.27 kg (2.8 pounds) per person per day to three huge outdoor landfill sites which are set to reach capacity by 2020.The ...

Avian flu Hong Kongs rubber duck deflates

General Sources - Monday 20th May, 2013

Duck soup: Florentijn Hofman's Rubber Duck floats - flattened - in Hong Kong's Victoria harbour, prompting a slew of conspiracy theories. Photograph: Jerome ...

Hong Kong shares 0.50 per cent higher

General Sources - Monday 20th May, 2013

Hong Kong shares finished 0.50 per cent higher after record-setting gains on Wall Street following bullish comments from a prominent hedge fund manager.The benchmark Hang Seng Index added 113.96 points to end at 23,044.24 on turnover of HK$54.87 billion ($7.14 billion).US stocks surged to new all-time closing highs Tuesday on renewed optimism after a prominent hedge fund manager said the stock ...

First Major Hong Kong Business Mission in Kazakhstan | HKTDC

HKTDC News - Monday 20th May, 2013

Some 30 companies and 36 businesspeople from Hong Kong are in Kazakhstan looking for trade, investment and partnership opportunities with Kazakhstan companies. The five-day business mission, which continues through 24 May, was organised by the Hong Kong Trade Development Council (HKTDC). The mission is supported by the Hong Kong General Chamber of Commerce and the Kazakhstan Consulate to Hong ...

ExCo meeting suspension valid

news.gov.hk - Monday 20th May, 2013

The Executive Council Secretariat says there will be no Executive Council meeting on May 21, because there are no agenda items.The statement was made today in response to media enquiries, and the arrangement was agreed upon by its members at the weekly meeting on May 14.It said the Government attaches great importance to the council's work, which deals with items submitted by policy bureaus ...

Health chief attends WHO assembly

news.gov.hk - Monday 20th May, 2013

Secretary for Food & Health Dr Ko Wing-man attended the World Health Organisation's 66th World Health Assembly in Geneva today, as a member of the China delegation.Dr Ko met with Minister of the National Health & Family Planning Commission Li Bin and Macau's Secretary for Social Affairs & Culture Cheong U to discuss the latest avian influenza A(H7N9) situation on the ...

Man treated for flesh-eating disease

news.gov.hk - Monday 20th May, 2013

The Centre for Health Protection is investigating a case of necrotising fasciitis, or flesh-eating disease, involving a 43-year-old man.He was pricked by a fish while working in a restaurant on May 8 and fell ill the following day. He was admitted to hospital on May 10.He tested positive for Vibrio vulnificus, a type of bacteria that causes necrotising fasciitis. He is in stable ...

CAPO gets ISO certification

news.gov.hk - Monday 20th May, 2013

The Complaints Against Police Office (CAPO) was given ISO (International Organisation for Standardisation) 10002:2004 "Quality Management - Customer Satisfaction" Certification today.The certificate recognises the office's commitment to ensuring a professional and transparent approach in handling complaints.Speaking at the certificate presentation ceremony, Assistant Commissioner ...

Hong Kong Jewellery and Gem Fair is Going Mobile

General Sources - Monday 20th May, 2013

UBM Asia announced the launch of a mobile application for its Hong Kong Jewellery and Gem Fairs. Powered by the show's official online media, JewelleryNetAsia, the Mobile Buyer Guide will be available to visitors and exhibitors of June Hong Kong Jewellery and Gem Fair in Hong Kong (20-23 June, 2013) and subsequently for the September edition as well. ...

UPI Thoroughbred Racing Roundup

Middle East Times - Monday 20th May, 2013

There will be no Triple Crown winner again this year, but Orb's defeat in the Preakness Stakes does tee up an interesting summer of racing. Meanwhile, some other potential stars, including Last Gunfighter and Fiftyshadesofhay, emerged from the weekend of racing at Pimlico. Hong Kong horses ran off with both of Singapore's International Group 1 races, Farhh provided a bright spot for ...

UPDATE 1-Goldman exits Chinas ICBC seven years and billions later

Reuters UK - Monday 20th May, 2013

The sale by Goldman would be the final chapter in the Wall Street bank's investment into China's ICBC. Prior to its 2006 IPO, ICBC was a technically insolvent state institution, reeling from the bad loans that saddled China's financial ...

Govt unveils waste plan

news.gov.hk - Monday 20th May, 2013

The Government today unveiled a comprehensive 10-year management plan to tackle Hong Kong's waste crisis.The Hong Kong: Blueprint for Sustainable Use of Resources 2013-2022 analyses the challenges and opportunities for waste management in Hong Kong, and maps out strategies, targets, policies and action plans.Speaking at a press conference, Secretary for the Environment KS Wong said the plan ...