Hong Kong Informer

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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HONG Kong's economy grew slightly in the first quarter as the trade-dependent Asian financial center was held back by an unsteady global demand.Mainlanders have been buying up gold jewelry recently in Hong Kong after prices for the precious yellow metal fell. Government economist Helen Chan said the government is maintaining its full-year growth forecast of [...]

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HK Growth Misses Forecasts on China's Economic Slowdown Hong Kong's economy grew a less-than-estimated 0.2 percent in the first three months of this year, the slowest pace in three quarters, as China's expansion cooled. The increase from the previous three months compared with a revised 1.4 percent gain in … Full News here – Read [...]

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HONG KONG — Hong Kong's economy saw modest year-on-year growth in the first quarter, with strong demand from mainland China offsetting weakness in the West, officials said … Full News here – Hong Kong News latest RSS headlines – Hong Kong News.net

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BANGKOK (AP) — Asian stock markets fell Wednesday in holiday-thinned trading after the pace of China’s manufacturing growth slowed in April, raising fears of a weaker recovery in the world’s second-largest economy. The China Federation of Logistics and Purchasing said its purchasing managers’ index fell to 50.6 in April from 50.9 in March on a [...]

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rose year-over-year , up 11.2 percent and 11.3 percent, respectively, Hong Kong's Census and Statistics Department reported April 25. In March 2013, the value of total exports of goods (comprising re-exports and domestic exports) increased 11.2 percent over a year earlier to $ 291.7 billion, after a year-over-year decrease of 16.9 percent in February 2013. [...]

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BANGKOK (AP) — The price of oil fell below $ 93 a barrel Friday ahead of quarterly growth figures from the world’s biggest economy. Benchmark oil for June delivery was down 73 cents to $ 92.91 per barrel at late afternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose [...]

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BANGKOK (AP) — The price of oil fell to near $ 93 a barrel Friday ahead of quarterly growth figures from the world’s biggest economy. Benchmark oil for June delivery was down 62 cents to $ 93.02 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract rose [...]

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BANGKOK (AP) — Asian stock markets fell Thursday as accumulating evidence of weakness in the global economy kept investors on the sidelines. Markets were also weighed down by some disappointing U.S. corporate earnings and worries about a possible drop in demand for Apple’s iPod and iPhone. Japan’s Nikkei 225 index fell 0.4 percent to 13,330.27. [...]

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HONG KONG (AP) — ICBC, China’s biggest state-owned commercial lender, posted slower profit growth last year as the economy slowed and the government reformed interest rates. Industrial & Commercial Bank of China Ltd. said Wednesday it earned 238.7 billion yuan ($ 38.4 billion) in 2012. That’s 14.5 percent higher compared with the year before, but [...]

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HONG KONG (AP) — ICBC, China’s biggest state-owned commercial lender, posted slower profit growth last year as the economy slowed and the government reformed interest rates. Industrial & Commercial Bank of China Ltd. said Wednesday it earned 238.7 billion yuan ($ 38.4 billion) in 2012. That’s 14.5 percent higher compared with the year before, but [...]

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/enpproperty–> HONG KONG — Hong Kong's overall Gross Domestic Product increased by 2.5 percent in real terms in the fourth quarter of 2012 over a year earlier, compared with the 1.4 percent increase in the third quarter of 2012, the city's Census and Statistics Department announced Tuesday. For 2012 as a whole, GDP increased by [...]

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Mongolia will strengthen its cooperation with Hong Kong in the run-up to the listing more Mongolian firms in the SAR, consul general Yadmaa Ariunbold told Sing Tao, sister paper of The Standard, in a … Full News here – Hong Kong News latest RSS headlines – Hong Kong News.net

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Hong Kong Seeks To Boost Economy As 2012 GDP Growth Slows The Hong Kong government on Wednesday presented its budget for 2013-14 that focused on boosting growth and employment, as the economy recorded its weakest growth rate since 2001 outside of the downturn witnessed in 2009. Presenting the budget in … Full News here – [...]

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Hong Kong takes steps to stimulate economic growth Pro-democracy lawmaker Leung Kwok-hung (right) is taken away by security guards after he threw a cloud-shape cushion at Hong Kong's Financial Secretary John Tsang to demand for a universal retirement protection scheme during the annual budget … Full News here – Read more on Straits Times

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