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Saturday, May 25, 2013

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HSBC private client fined for tax evasion
07-05 22:03 (Business)
Michael Shanly, a millionaire British property developer, was ordered to pay £830,000 (HK$9.9 million) by a London court after failing to disclose offshore f...

Drop in US jobless claims positive
07-05 21:48 (Business)
New claims for US unemployment benefits tumbled last week, suggesting an easing in layoffs, official data showed on the eve of highly anticipated June labor dat...

Dow retreats
07-05 21:42 (Business)
The Dow Jones Industrial Average retreated 72 points to 12,871 today, while the S&P 500 index fell 6 points to 1,368. The Nasdaq Composite declined 6.5 po...

US stocks decline
07-05 21:37 (Business)
US shares broke a three-day advance as the S&P 500 Index fell 0.4 percent to 1,368.48.

Radwanska books Wimbledon final berth
07-05 21:31 (Sports)
Agnieszka Radwanska secured a 6-3, 6-4 victory over Angelique Kerber in the Wimbledon semi-finals today. The Polish player became the first from her country...

China central bank insists on home loan limits
07-05 21:27 (Business)
China’s central bank urged lenders today to keep a firm hand on residential curbs aimed at deterring speculative activity. "Banking institutions should continue ...

ECB chief Draghi says entire euro area growth at risk
07-05 21:02 (Business)
European Central Bank president Mario Draghi, speaking at a news conference after the bank cut its benchmark interest rate by a quarter point to 0.75 percent, ...

Qatar on course for US dollar sukuk
07-05 20:55 (Business)
Qatar is planning to issue Islamic bonds, or sukuk, for the first time in nearly a decade. The Gulf Arab state has mandated banks for investor meetings in Kua...

Hedge fund piles into Barclays
07-05 20:51 (Business)
Crispin Odey, one of Europe's best-known hedge fund managers, has seen an opportunity in shares in Barclays. Odey, the founding partner at Odey Asset Manage...

Filipino and mainlander jailed for passport scam
07-05 20:36 (Hong Kong)
A Filipino courier and a mainland resident were jailed by a court today for using a forged passport in March this year. The mainlander was arrested for using a ...

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