Hong Kong

Some logistics operators have already pre-committed yet-to-be vacated warehouses due to the current high occupancy level.

Financial Secretary John Tsang said the government stands ready to implement new real-estate market measures when necessary. It also closely monitors the global financial market.

The Hong Kong Monetary Authority and Trade Development Council have held a seminar in Tokyo promoting Hong Kong’s renminbi business.

Cathay Pacific reports being badly hit by high fuel costs. Plans to reduce frequencies of several long-haul routes is already underway.

Secretary for Commerce & Economic Development Gregory So is in Japan for a five day visit to promote Hong Kong.

Financial Secretary John Tsang is in Taipei as head of a delegation that officiated at the opening of the Hong Kong Economic, Trade & Cultural Office.

A serious slowdown in growth in the first quarter is blamed on weak exports.

It’s another move to grow a faltering economy by telling foreigners that Hong Kong is great for their businesses.

HSBC Holdings is in talks on a possible sale of its operations in Colombia, Paraguay, Peru and Uruguay as part of its global strategy to boost profitability and cut costs.

The Hong Kong Monetary Authority will allow the city’s banks to use foreign currency liquid assets to meet the liquidity coverage ratio requirements of Basel III.

The recent crackdown on brokers pushing sub-standard IPOs heads in a parallel direction.

For Hong Kong’s mall developers, the phrase “Go West” means go to Chengdu.

The Frank-Gehry designed building is comprised of double-level garden apartments and 6,000-6,900 sq ft apartments with panoramic views of the city.

Listing fees and income from sales of information were lower than expected, while operating cost rose by 20%.

A Samaritan Fund of HK$10 billion will help ease spending on essential drugs and other medical items.

Professional real estate services firm Jones Lang LaSalle said rents in top tier markets aren’t increasing.