Hong Kong Informer

The ICAC has imposed stricter checks on official entertainment and gift expenses following allegations of extravagance and collusion surrounding Timothy Tong Hin-ming, former chief of the graft-busting body. The new guidelines, to be tabled for discussion at a Legislative Council security panel meeting next Thursday, say duty visits should only be approved if “absolutely necessary” [...]

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BANGKOK (AP) — Enthusiasm on Wall Street sparked by another positive report on the U.S. economy helped push most Asian stock markets higher Wednesday. But lower-than-expected German economic growth disappointed investors elsewhere. The German economy narrowly avoided recession in the first quarter of 2013, with 0.1 percent growth for the quarter. However, analysts were expecting [...]

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A man suspected to have mental problems was arrested on suspicion of using a papercutter to injure four pedestrians in a series of attacks in Kwun Tong on Tuesday. The arrest of the 46-year-old man came several minutes after he returned to same area where he committed the first three assaults, police said. In the [...]

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The budget bill filibuster is set to continue on Monday after radical lawmakers slammed the financial secretary as “lacking sincerity” following a fruitless meeting with him on Friday evening. People Power lawmaker Albert Chan Wai-yip also said Financial Secretary John Tsang Chun-wah had reiterated in the meeting that they should stop filibustering, but that he [...]

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LAS VEGAS (AP) — Nine years of litigation between a Hong Kong businessman and casino mogul Sheldon Adelson is drawing to a close. Attorneys began delivering closing arguments in a Las Vegas courtroom Thursday in the dispute between Las Vegas Sands Corp. and a fixer who says he helped the casino giant win a license [...]

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LAS VEGAS (AP) — Nine years of litigation between a Hong Kong businessman and casino mogul Sheldon Adelson is drawing to a close. Attorneys began closing arguments Thursday in the dispute between Las Vegas Sands and a fixer who says he helped the casino giant win a license in the Chinese gambling enclave of Macau. [...]

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Cnooc Ltd. (883) , China's biggest offshore oil company, slid 1.1 percent, leading a measure of energy companies lower. The Hang Seng Index fell 0.4 percent to 23,163.22 as of 1:33 p.m. in Hong Kong. Four stocks declined for each that gained on the 50-member gauge, in trading volume 2.9 percent greater than the 30-day [...]

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BANGKOK (AP) — World stock markets were pushed higher Wednesday by an improvement in China’s trade and yet another record-busting session on Wall Street. The Dow Jones industrial average closed above 15,000 for the first time ever Tuesday, driven by optimism that the U.S. economy will keep gaining momentum. There was also good news from [...]

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BANGKOK (AP) — Asian stock markets were powered higher Wednesday by an improvement in China’s trade and yet another record-busting session on Wall Street. The Dow Jones industrial average closed above 15,000 for the first time ever Tuesday, driven by optimism that the U.S. economy will keep gaining momentum. There was also good news from [...]

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No one emerged as a winner from the 40-day dockers strike, with the workers failing to get the raise they demanded and the port operator involved suffering a tarnished image, analysts said. Full News here – Hong Kong feed

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'Vagina' Rage: Hong Kong Starbucks Customer's Facebook Rant After Barista … It's a sweet gimmick, but Starbucks' policy of writing customer's names on their cups has backfired spectacularly for one woman. Veronica Goh was visiting a Hong Kong branch of the coffee chain when her sister Virginia's cup was served, inscribed with … Full News [...]

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A former ombudsman and a retired business executive will serve on a three-member committee led by the transport minister to advise the Marine Department on reforms after a ferry tragedy last year killed 39 passengers. The department was found to have committed “serious systemic failings” that contributed to the high death toll in the October [...]

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Four men were arrested on Monday after a suspected triad member was hacked to death in broad daylight in Sheung Shui on Sunday.  Full News here – Hong Kong feed

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Hong Kong shares to open up 0.5 pct, Minsheng Bank jumps after Q1 earnings HONG KONG, April 25 (Reuters) – Hong Kong shares are set to start at a three-week high on Thursday, with China Minsheng Bank jumping 5.7 percent after reporting positive quarterly earnings, with several from other bellwether Chinese companies due later … [...]

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stocks fell, extending losses after a preliminary survey of China's manufacturing activity missed analyst estimates. The Hang Seng Index slid 0.7 percent to 21,883.62 as of 10:01 a.m. in Hong Kong. Just seven of the 50 companies on the index advanced as consumer-goods companies led the decline. The Hang Seng China Enterprises Index of Chinese [...]

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