News

Exchange Fund assets slip $34.1b

HKD assets decreased by $22.6b.

Foreign currency deposits up 2.2%

And RMB deposits increased 1.7$ to RMB554.8b.

Government spending hits $222.6b

Consequently, deficit reached $36.5b.

Hong Kong gets boost to be legal services centre

Justice Rimsky Yuen encouraged adoption of HK law.

Tourist count surges 11.9% to 4.24m

Visitors from Mainland are still a big chunk.

Li expands Australian business empire

Buys third Aussie company this year.

Drinking water from Guangdong suspect

Unabated pollution at the Dongjiang River again raises fears of unsafe drinking water.

UK regulator approves LME purchase

Final LME takeover expected December 6.

Residential ASPs down 6% QoQ in 3Q12

But learn why latest property measures fail to dampen market sentiment.

HKMA weakens HK$ yet again

Sells US$500 million to defend peg to US dollar.

Hong Kong Disneyland finally turns a profit

Fiscal year 2012 attendance likely to top 5.9 million.