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Issue: October 19, 2010 (Archive)

Monday, May 20, 2013

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'I'm not in debt'
Hong Kong Mercantile Exchange chairman Barry Cheung Chun-yuen yesterday insisted neither he nor any of his businesses are in debt and he has not borrowed money from any "major property businessman."

Security chiefs mum over cop close encounter with student
Top security officials are saying little over what is being dubbed an "embarrassing embrace" in which a police officer allegedly touched the breasts of a protester he was moving.

Rage over $25b culture bill
Pro-government lawmakers have threatened to block an additional HK$25 billion funding for the West Kowloon cultural hub.

Wong hits out at `pageant'
The issue of free-to-air television licenses should not be conducted like a beauty pageant, one of the applicants says.

Tsang all keyed up for budget vote
The financial secretary has defended his recent fiscal cliff warning, saying the executive arm of government is like a "vault without the key."

SAR `losing edge' to mainland cities
Hong Kong's lead as the most competitive city in China is diminishing, although it continues to top the list for the 11th year, according to a study by the Chinese Academy of Social Sciences.

Visa waivers to boost Guangzhou air travel
Guangzhou's aviation industry is likely to gain ground on Hong Kong as transit flyers can soon land in the Guangdong capital for three days without a visa.

HSBC plans more job cuts
HSBC (0005) announced it will shed another 14,000 jobs over the next three years and make US$2 billion (HK$15.6) to US$3 billion in extra savings as it struggles to tap growth amid the pale economic outlook for developed markets.

Taipei toughens up
Taiwan yesterday slapped sanctions on the Philippines, including a ban on the hiring of new workers, rejecting an apology by President Benigno Aquino for the killing of a Taiwanese fisherman.

'Disappointing' pay rise on cards
Civil servants reacted with dismay when told they can only expect salary rises of between 2.55 and 3.92 percent based on pay trend survey findings.

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