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Thursday, May 23, 2013

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Moody's put West China Cement under downgrade review
08-22 19:56 (Business)
Moody's has placed West China Cement Limited's (WCC) Ba3 corporate family and senior unsecured bond ratings under review for downgrade. Earlier this mo...

Police chief denies concealing Beijing visit
08-22 19:50 (Hong Kong)
The Commissioner of Police, Andy Tsang Wai-hung, has denied he was trying to conceal his latest visit to Beijing from the public and the media. Tsang we...

New vaccines for local chickens
08-22 19:48 (Hong Kong)
The Health Secretary, Ko Wing-man, says he is confident that a new mainland-developed bird flu vaccine can be used at local poultry farms ahead of the peak win...

TVB net profit inches up
08-22 19:37 (Business)
Free-to-air station Television Broadcasts (0511) booked a net profit of HK$850 million -- HK$1.94 per share -- for the six months ended June 30, up 18 perc...

Tycoon Nadir guilty of more theft charges
08-22 19:34 (Business)
Turkish-Cypriot tycoon Asil Nadir, once one of Britain's most famous fugitives, faces jail after he was found guilty of a further six charges of theft by a Lo...

Sha Tin, Tseung Kwan O residential sites to be sold
08-22 19:28 (Hong Kong)
Two residential sites from Tseung Kwan O and Sha Tin have been put to sale by public tender, the Lands Department announced today. The site in Tseung ...

Beijing strips more layers off approvals regime
08-22 19:28 (Business)
China has cleaned up red tape to quicken investment in the real economy by small firms and the private sector, and allowed southern Guangdong to go ahead with a p...

Li Ning income plunges 85pc
08-22 19:24 (Business)
China's best-known local sportswear group, Li Ning Co (2331) posted an 85 percent fall in first-half net profit, lagging expectations as high inventories, risin...

Foreign buying lifts Colombo shares to new high
08-22 19:17 (Business)
Sri Lankan stocks jumped more than 1.6 percent to a two-month high today with foreign investors net buyers for a 23rd straight day as financials led the field. ...

US home loan requests drop
08-22 19:10 (Business)
Applications for US home mortgages tumbled last week, with demand for refinancing drying up as mortgage rates jumped to their highest level since late June, da...

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