Tag Archive | "Growth"

FinTech Startup Labs On Growth Path From London To Hong Kong

FinTech Startup Labs On Growth Path From London To Hong Kong Financial technology (fintech) innovation labs are popping up all over. Today Dan Schulman, Group President for American Express Enterprise Growth, announced details surrounding the company's Financial Innovation Lab. As part of the company's financial … Full News here – Read more on Forbes

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Hong Kong Cuts 2014 Growth Forecast After Unexpected Contraction

Hong Kong Cuts 2014 Growth Forecast After Unexpected Contraction Hong Kong cut its economic growth forecast for the year after an unexpected contraction in the second quarter as a slowdown in China crimped the purchases of luxury items and weighed on local sentiment. The economy is forecast to expand 2 percent to 3 … Full News […]

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Hysan Sees Rental Growth at Hong Kong Malls Even as Retail Slows

Hysan Sees Rental Growth at Hong Kong Malls Even as Retail Slows Hysan Development Co. (14), the biggest commercial landlord in the world's costliest area for shop leases, expects to raise rents at its malls even as Hong Kong's retail sales drop. “We will definitely be able to achieve double-digit growth” in rents … Full […]

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Costs rise for private banks in Hong Kong, growth remains a key focus: KPMG

Costs rise for private banks in Hong Kong, growth remains a key focus: KPMG … High staff costs, compliance requirements and increased competition are key challenges for private banks in Hong Kong, according to a new KPMG report. Titled Spotlight on Hong Kong's Private Banking Sector, the report features in-depth insights from a … Full News […]

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Co-operation key to regional growth

Hong Kong values ASEAN as a very important trading partner. The trade relationship between Hong Kong and ASEAN is significant. Last year, the ASEAN bloc became our second largest goods trading partner in the world, ahead of the US and the European Union and behind only Mainland China.   In 2013, the value of total […]

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Economic growth a priority: CE

Chief Executive CY Leung says addressing constitutional reform is a priority for the Hong Kong Government, but it is also focused on economic growth and will help enterprises develop in the Mainland and overseas.   Concluding a two-day visit to four cities in Guangdong today, Mr Leung said the Government needed to develop the economy […]

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Carlyle, Farallon bet on China funeral growth with Hong Kong IPO

Carlyle, Farallon bet on China funeral growth with Hong Kong IPO HONG KONG (Reuters) – Carlyle Group LP (CG.O), hedge fund firm Farallon Investors and China Cinda have agreed to buy $ 45 million worth of shares in Fu Shou Yuan International Group Ltd as China's largest provider of death-care services seeks up to … Full […]

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Regional visits promote growth: CE

Chief Executive CY Leung says the Government needs to solve long-standing social issues by achieving faster and continuous economic growth; and with this in mind, he will lead a delegation to visit Guangxi tomorrow.   Speaking to reporters today before an Executive Council meeting, Mr Leung said Hong Kong has the advantages of being an international […]

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2.9% GDP growth in Q3

Hong Kong’s economy grew moderately in the third quarter, by 2.9% in real terms over a year earlier, compared with 3.2% in the second quarter.   On a seasonally adjusted quarter-to-quarter comparison, real GDP expanded by 0.5% in the third quarter, compared to 0.7% in the preceding quarter, Acting Government Economist Andrew Au said.   […]

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Li's Hong Kong Sales Signal Peak as European Growth Beckons

Li's Hong Kong Sales Signal Peak as European Growth Beckons Hong Kong billionaire Li Ka-shing made his fortune over a half-century of well-timed bets on everything from property to power generation. His latest deals suggest he's wagering the city's era of fast growth may be drawing to an end. Asia's richest man … Full News […]

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ADB cuts growth forecast for Asia to 6pc as China and India slow

HONG KONG – The Asian Development Bank (ADB)Wednesday cut its outlook for developing Asia by 0.6 percent to 6 percent for 2013., citing slower growth in China and India and concerns over the US scaling down a key stimulus measure. Speculation over the US scaling back the quantitative easing (QE) programme – a $ 85 […]

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ADB slashes emerging Asia growth forecast to 6 pct

HONG KONG (AP) — The Asian Development Bank cut its economic growth forecast for developing Asia on Wednesday, citing weakness in region’s two largest economies China and India and jitters over plans to scale back U.S. stimulus that destabilized financial markets. Full News here – Hong Kong feed

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China manufacturing growth slower than expected

HONG KONG (AP) — Chinese manufacturing activity ticked up more slowly than expected in September. Full News here – Hong Kong feed

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China manufacturing growth slower than expected

HONG KONG (AP) — Chinese manufacturing activity ticked up more slowly than expected in September, according to a survey Monday, a sign the gradual recovery in the world’s No. 2 economy from an extended slowdown could be more fragile than thought. Full News here – Hong Kong feed

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Hong Kong should capitalise on mainland tourism growth, says Leung Chun-ying

Chief Executive Leung Chun-ying said on Monday Hong Kong should think of ways to expand its tourism facilities to capitalise on the growth of mainland tourists. Full News here – Hong Kong feed

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