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For more headlines on Breaking, National, Business, Finance, Sports and World News, visit our home page Hong Kong News.net http://www.hongkongnews.net/index.php/cat/b82693edf38ebff8/ en-us Tue, 21 May 2013 02:16:57 -0400 Tue, 21 May 2013 02:16:57 -0400 30 The Planning Department and the Civil Engineering & Development Department today launched the Stage 2 Public Engagement for the Tung Chung New Town Extension Study.Activities including a community workshop, a public forum, briefings and roving exhibitions will serve to gauge public views on planning direction and scale for development.Two initial land use options are proposed for Tung Chung ... http://www.hongkongnews.net/index.php/sid/214654250/scat/b82693edf38ebff8 Tue, 21 May 2013 01:01:03 -0400 http://www.hongkongnews.net/index.php/sid/214654250/scat/b82693edf38ebff8 City University of Hong Kong is enhancing teaching and learning with instructional video created and published using Echo360 technology.The University is expanding its use of Echo360 because of a rapidly changing academic culture that places personalized learning, social collaboration and immediate access for students at the forefront of the institution's curriculum strategy.By creating and ... http://www.hongkongnews.net/index.php/sid/214654251/scat/b82693edf38ebff8 Tue, 21 May 2013 00:46:15 -0400 http://www.hongkongnews.net/index.php/sid/214654251/scat/b82693edf38ebff8 (26 mins ago) Stocks in Hong Kong were down 0.50 percent by the break after a dip on Wall Street ahead of the Federal Reserve chairman's testimony on the US economic outlook. The benchmark Hang Seng Index fell 117.49 points to 23,375.54 by the noon break on turnover of HK$40.36 billion. Fed chairman Ben Bernanke is due to give testimony to Congress on Wednesday. ... http://www.hongkongnews.net/index.php/sid/214653979/scat/b82693edf38ebff8 Tue, 21 May 2013 00:44:13 -0400 http://www.hongkongnews.net/index.php/sid/214653979/scat/b82693edf38ebff8 /enpproperty--> HONG KONG - The gold price in Hong Kong went up HK$320 to open at HK$12,930 per tael on Tuesday, according to the Chinese Gold and Silver Exchange Society. The price is equivalent to $1,398.67 a troy ounce, up $34.62 at the latest exchange rate of $1 against ... http://www.hongkongnews.net/index.php/sid/214653309/scat/b82693edf38ebff8 Mon, 20 May 2013 23:51:09 -0400 http://www.hongkongnews.net/index.php/sid/214653309/scat/b82693edf38ebff8 HONG KONG – Australian stocks declined, and Hong Kong equities pulled back from a three-day winning run on Tuesday, weighed by overnight losses on Wall Street and uncertainty over U.S. monetary policy.The S&P/ASX 200 dropped 0.7% in Sydney, and the Hang Seng Index gave up 0.2% in Hong Kong.Japan's Nikkei Stock Average was up 0.1%, but struggling for direction after a sturdy rally ... http://www.hongkongnews.net/index.php/sid/214653098/scat/b82693edf38ebff8 Mon, 20 May 2013 23:36:09 -0400 http://www.hongkongnews.net/index.php/sid/214653098/scat/b82693edf38ebff8 (9 mins ago) Stocks in Hong Kong opened down 0.37 percent after Wall Street closed slightly lower in cautious trade ahead of the Federal Reserve chairman's testimony to Congress on the US economic outlook. The benchmark Hang Seng Index fell 87.80 points to 23,405.23 in the first minutes of trade. Fed chairman Ben Bernanke is due to give testimony to Congress on Wednesday. In Shanghai, ... http://www.hongkongnews.net/index.php/sid/214652199/scat/b82693edf38ebff8 Mon, 20 May 2013 22:38:40 -0400 http://www.hongkongnews.net/index.php/sid/214652199/scat/b82693edf38ebff8 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 ... http://www.hongkongnews.net/index.php/sid/214652435/scat/b82693edf38ebff8 Mon, 20 May 2013 22:38:22 -0400 http://www.hongkongnews.net/index.php/sid/214652435/scat/b82693edf38ebff8 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 ... http://www.hongkongnews.net/index.php/sid/214652436/scat/b82693edf38ebff8 Mon, 20 May 2013 22:38:21 -0400 http://www.hongkongnews.net/index.php/sid/214652436/scat/b82693edf38ebff8 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 ... http://www.hongkongnews.net/index.php/sid/214651482/scat/b82693edf38ebff8 Mon, 20 May 2013 21:32:21 -0400 http://www.hongkongnews.net/index.php/sid/214651482/scat/b82693edf38ebff8 " alt="Cathay is already making plans for its first Airbus A350, due in early 2016" style="position: absolute; top: 50%; left: 50%; margin-left: -233.5px; margin-top: -130px;" title="Cathay is already making plans for its first Airbus A350, due in early 2016" ... http://www.hongkongnews.net/index.php/sid/214650088/scat/b82693edf38ebff8 Mon, 20 May 2013 20:33:13 -0400 http://www.hongkongnews.net/index.php/sid/214650088/scat/b82693edf38ebff8 ) 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, ... http://www.hongkongnews.net/index.php/sid/214644176/scat/b82693edf38ebff8 Mon, 20 May 2013 18:07:41 -0400 http://www.hongkongnews.net/index.php/sid/214644176/scat/b82693edf38ebff8 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 ... http://www.hongkongnews.net/index.php/sid/214642533/scat/b82693edf38ebff8 Mon, 20 May 2013 17:14:03 -0400 http://www.hongkongnews.net/index.php/sid/214642533/scat/b82693edf38ebff8 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 ... http://www.hongkongnews.net/index.php/sid/214641702/scat/b82693edf38ebff8 Mon, 20 May 2013 16:20:12 -0400 http://www.hongkongnews.net/index.php/sid/214641702/scat/b82693edf38ebff8 Duck soup: Florentijn Hofman's Rubber Duck floats - flattened - in Hong Kong's Victoria harbour, prompting a slew of conspiracy theories. Photograph: Jerome ... http://www.hongkongnews.net/index.php/sid/214634710/scat/b82693edf38ebff8 Mon, 20 May 2013 10:25:50 -0400 http://www.hongkongnews.net/index.php/sid/214634710/scat/b82693edf38ebff8 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 ... http://www.hongkongnews.net/index.php/sid/214634711/scat/b82693edf38ebff8 Mon, 20 May 2013 10:25:49 -0400 http://www.hongkongnews.net/index.php/sid/214634711/scat/b82693edf38ebff8 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 ... http://www.hongkongnews.net/index.php/sid/214633518/scat/b82693edf38ebff8 Mon, 20 May 2013 09:33:45 -0400 http://www.hongkongnews.net/index.php/sid/214633518/scat/b82693edf38ebff8 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 ... http://www.hongkongnews.net/index.php/sid/214632372/scat/b82693edf38ebff8 Mon, 20 May 2013 08:37:09 -0400 http://www.hongkongnews.net/index.php/sid/214632372/scat/b82693edf38ebff8 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 ... http://www.hongkongnews.net/index.php/sid/214631281/scat/b82693edf38ebff8 Mon, 20 May 2013 07:38:32 -0400 http://www.hongkongnews.net/index.php/sid/214631281/scat/b82693edf38ebff8 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 ... http://www.hongkongnews.net/index.php/sid/214631280/scat/b82693edf38ebff8 Mon, 20 May 2013 07:38:31 -0400 http://www.hongkongnews.net/index.php/sid/214631280/scat/b82693edf38ebff8 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 ... http://www.hongkongnews.net/index.php/sid/214631282/scat/b82693edf38ebff8 Mon, 20 May 2013 07:38:30 -0400 http://www.hongkongnews.net/index.php/sid/214631282/scat/b82693edf38ebff8 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. ... http://www.hongkongnews.net/index.php/sid/214631283/scat/b82693edf38ebff8 Mon, 20 May 2013 07:24:55 -0400 http://www.hongkongnews.net/index.php/sid/214631283/scat/b82693edf38ebff8 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 ... http://www.hongkongnews.net/index.php/sid/214631740/scat/b82693edf38ebff8 Mon, 20 May 2013 07:11:38 -0400 http://www.hongkongnews.net/index.php/sid/214631740/scat/b82693edf38ebff8 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 ... http://www.hongkongnews.net/index.php/sid/214629957/scat/b82693edf38ebff8 Mon, 20 May 2013 06:41:40 -0400 http://www.hongkongnews.net/index.php/sid/214629957/scat/b82693edf38ebff8 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 ... http://www.hongkongnews.net/index.php/sid/214628751/scat/b82693edf38ebff8 Mon, 20 May 2013 05:45:17 -0400 http://www.hongkongnews.net/index.php/sid/214628751/scat/b82693edf38ebff8 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 seen ... http://www.hongkongnews.net/index.php/sid/214628750/scat/b82693edf38ebff8 Mon, 20 May 2013 05:45:17 -0400 http://www.hongkongnews.net/index.php/sid/214628750/scat/b82693edf38ebff8 HONG KONG | Mon May 20, 2013 5:04am EDT HONG KONG May 20 (Reuters) - The Hong Kong Mercantile Exchange, operator of an electronic platform for trading in gold and silver futures, has given up its licence from the local securities regulator to provide automated trading services. The Securities and Futures Commission said in a statement the Hong Kong-based operator had decided to surrender ... http://www.hongkongnews.net/index.php/sid/214629934/scat/b82693edf38ebff8 Mon, 20 May 2013 05:04:31 -0400 http://www.hongkongnews.net/index.php/sid/214629934/scat/b82693edf38ebff8 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 ... http://www.hongkongnews.net/index.php/sid/214627675/scat/b82693edf38ebff8 Mon, 20 May 2013 04:50:35 -0400 http://www.hongkongnews.net/index.php/sid/214627675/scat/b82693edf38ebff8 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 ... http://www.hongkongnews.net/index.php/sid/214628638/scat/b82693edf38ebff8 Mon, 20 May 2013 04:47:40 -0400 http://www.hongkongnews.net/index.php/sid/214628638/scat/b82693edf38ebff8 (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 ... http://www.hongkongnews.net/index.php/sid/214626871/scat/b82693edf38ebff8 Mon, 20 May 2013 04:35:07 -0400 http://www.hongkongnews.net/index.php/sid/214626871/scat/b82693edf38ebff8 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 ... http://www.hongkongnews.net/index.php/sid/214628017/scat/b82693edf38ebff8 Mon, 20 May 2013 04:24:12 -0400 http://www.hongkongnews.net/index.php/sid/214628017/scat/b82693edf38ebff8 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 ... http://www.hongkongnews.net/index.php/sid/214627618/scat/b82693edf38ebff8 Mon, 20 May 2013 04:16:37 -0400 http://www.hongkongnews.net/index.php/sid/214627618/scat/b82693edf38ebff8 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 ... http://www.hongkongnews.net/index.php/sid/214631286/scat/b82693edf38ebff8 Mon, 20 May 2013 03:56:04 -0400 http://www.hongkongnews.net/index.php/sid/214631286/scat/b82693edf38ebff8 Jonathan Garner, MD & Chief Asia and Emerging Market Equity Strategist, Morgan Stanley explains his bullish stance on the Hong Kong benchmark ... http://www.hongkongnews.net/index.php/sid/214625093/scat/b82693edf38ebff8 Mon, 20 May 2013 02:57:16 -0400 http://www.hongkongnews.net/index.php/sid/214625093/scat/b82693edf38ebff8 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 ... http://www.hongkongnews.net/index.php/sid/214625594/scat/b82693edf38ebff8 Mon, 20 May 2013 02:31:34 -0400 http://www.hongkongnews.net/index.php/sid/214625594/scat/b82693edf38ebff8 (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 ... http://www.hongkongnews.net/index.php/sid/214624062/scat/b82693edf38ebff8 Mon, 20 May 2013 01:05:07 -0400 http://www.hongkongnews.net/index.php/sid/214624062/scat/b82693edf38ebff8 (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 ... http://www.hongkongnews.net/index.php/sid/214624061/scat/b82693edf38ebff8 Mon, 20 May 2013 01:05:07 -0400 http://www.hongkongnews.net/index.php/sid/214624061/scat/b82693edf38ebff8 (28 mins ago) Stocks in Hong Kong opened 1.3 percent higher 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 was up 301.11 points to 23,383.79 in the first few minutes of trade. Shares in Shanghai were up slightly in early trading due to buying of property stocks, dealers said. The benchmark ... http://www.hongkongnews.net/index.php/sid/214622296/scat/b82693edf38ebff8 Sun, 19 May 2013 22:27:07 -0400 http://www.hongkongnews.net/index.php/sid/214622296/scat/b82693edf38ebff8