Hong Kong
August composite interest rate up to 0.33%
August composite interest rate up to 0.33%
The weighted deposit rate also climbed to 0.32%.
Banks to upgrade safety features in sending passwords via SMS
Lenders and EPS will enhance their monitoring of suspicious transactions before upgrade launch.
Everbright International picked as Hang Seng Corporate Sustainability Benchmark Index member
The company was able to pass a very stringent selection process that appraised its contribution to sustainable development.
Hong Kong’s GDP up 9.9% to $445.9b in 2Q11
While the country’s GNP increased by 11.1% to $470.2 billion.
StanChart: No job cuts in Hong Kong
The bank will also employ an additional 1,000 staff globally this year.
En+ Group mulls Hong Kong listing
This is to support its hydropower and production facilities expansion in Russia.
Almost there: Only 110 Lehman Brothers complaint cases remain under investigation
Investigation of over 99% of the 21,824 complaint cases related to Lehman Brothers has been completed.
SingPost to set up joint venture in Hong Kong
The company will be investing HK$1.5m, taking up a 50% stake in the JV called vPOST Hong Kong.
Seven sites to be sold by tender in October-December
Five are residential sites with 1,770 units, and the two are business and hotel sites.
HK International Airport flies a record 5m passengers in August
Flight movements also surged 6.7% to a new high of 28,940.
We will empower women workers: Labour chief
This as more women have joined Hong Kong’s labour market since May compared to 2010.
Cathay Pacific and Dragonair August number of passengers up 3.6%
Yet the two airlines suffered 11.8% drop in cargo and mail tonnage.
Travel Expert starts IPO on Main Board of SEHK
The company offers 100,000,000 shares between HK$0.56 AND HK$0.69 per share.
Active Group begins HKSE Main Board IPO
The group targets to raise HK$549mn from 300mn shares ranging from HK$1.20 to HK$1.83 per share.
OOCL and Freightliner renew contract for another ten years
Freightliner’s UK network and overnight services allow OOCL to provide customers access to the UK hinterland.
What you need to know about J.P. Morgan’s new hires
The firm has announced two key hires for its Asia Pacific business.
Banking sector future remains bright: HKMA’s Chan
That is if Hong Kong banks collaborate with foreign lenders in offshore yuan trading.
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