Hong Kong Informer

Fall in Hong Kong property prices may be good for the economy Hong Kong is the world's 14th most expensive city to live in, according to the Economist Intelligence Unit, and the most expensive in which to locate a business, according to real estate adviser Savills. Residential prices are more than double what … Full [...]

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BANGKOK (AP) — Asian stock markets fell Friday, ignoring a rebound on Wall Street, as investors stayed on the sidelines ahead of a key U.S. jobs report later in the day. Investors were also registering disappointment with the European Central Bank after it failed to fulfill hopes for a dramatic step to spark economic activity [...]

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BANGKOK (AP) — World stock markets fell Friday as investors stayed on the sidelines ahead of a key U.S. jobs report later in the day. Investors were also registering disappointment with the European Central Bank after it failed to fulfill hopes for a dramatic step to spark economic activity in the recession-mired region. Confusion about [...]

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BANGKOK (AP) — Uncertainty about the U.S. Federal Reserve’s next course of action and a sharp, sudden plunge on Wall Street sent global stock markets lower Monday. The Federal Reserve is spending $ 85 billion a month on buying bonds to push down interest rates in hopes of spurring borrowing and spending. That has propelled [...]

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Liquefied petroleum gas ceiling prices for dedicated filling stations will fall 24 to 25 cents a litre in June, the Electrical & Mechanical Services Department announces.   Prices will range from $ 4.17 to $ 4.63 per litre.   The adjustment reflects the LPG international price movement in May.   Click here for details. Full [...]

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The Overall Comprehensive Social Security Assistance caseload stood at 267,206 in April, with a total of 412,889 recipients, the Social Welfare Department announced today.   Compared to March, there was a reduction of 417 cases, or a drop of 0.2%.   Low earnings and unemployment cases registered month-to-month decreases of 0.9% and 0.7% to 9,854 [...]

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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 [...]

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HONG KONG (MarketWatch) — Hong Kong stocks declined early Monday after data released Friday showed Chinese bank lending slowed in April from levels seen in the previous month, and as markets remained cautious ahead of a slew of monthly economic data due to be released later in the day. The Hang Seng … Full News [...]

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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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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 [...]

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The overall Comprehensive Social Security Assistance caseload stood at 267,623 in March, with 414,148 recipients, down 0.2% on February, the Social Welfare Department said today.Low earnings cases registered a month-to-month decrease of 1.3% to 9,942 cases.Unemployment and single parent cases dropped by 0.5% and 0.4% to 23,293 and 30,513 cases.Old age and ill-health cases both [...]

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HONG KONG: Hong Kong home prices will fall as much as 25 per cent after the government stepped up measures to curb an asset bubble and as banks raised mortgage rates, according to Sanford C. Bernstein HK Ltd.The number of new apartment sales will "remain largely subdued" with developers shifting their focus to cheaper and [...]

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MEXICO CITY (AP) — Mexico is looking to penetrate the Chinese market after a new report suggested that Mexican labor costs have fallen below those of China. President Enrique Pena Nieto visited Hong Kong on Friday, and said “I am convinced that Mexican products should take advantage of the dynamism of China’s markets.” Just a [...]

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* Shanghai culls poultry, closes bird market* HK steps up bird flu surveillance* Shares fall in Hong Kong* Work on H7N9 bird flu vaccine beginsBy Fayen Wong and Clare BaldwinSHANGHAI/HONG KONG, April 5 (Reuters) – Chinese authorities slaughtered over 20,000 birds at a poultry market in Shanghai on Friday as the death toll from a [...]

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BANGKOK (AP) — Weak economic reports on hiring and service industry growth in the U.S. sent Asian stock markets lower Thursday. The Institute for Supply Management said that its index of non-manufacturing activity grew at a slower rate in March, reaching its lowest level in seven months. The index, which covers companies that employ 90 [...]

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