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Hong Kong cuts 2014 forecast as Q2 growth slows to 1.8%

Last Updated: Friday, August 15, 2014, 17:12

Hong Kong Friday cut its economic growth forecast for 2014 after an unexpected slowdown in second quarter expansion blamed on a fall-off in tourist spending and a slowdown in domestic demand.

Hong Kong legal body votes to oust its pro-Beijing president

Last Updated: Friday, August 15, 2014, 16:57

The Hong Kong Law Society has sent a strong rebuke to Beijing after it passed a vote of no confidence in its own president, who backed a controversial white paper reaffirming China`s control over the city.

Hong Kong lawyers take stand for independence from Beijing

Last Updated: Friday, August 15, 2014, 14:26

Hong Kong`s Law Society has passed an historic vote of no-confidence in its president over pro-Beijing comments, revealing a determination by the traditionally conservative lawyers to confront perceived threats from China to the legal independence in the free-wheeling, global financial hub.

China`s elite tighten their belts as crackdown bites

Last Updated: Wednesday, August 13, 2014, 09:31

China`s big spenders are reining in overt shows of wealth, shelving shopping trips in Hong Kong and Macau gambling sprees in the face of the Communist Party`s anti-corruption and frugality drive, analysts say.

Chinese ex-military leader under graft investigation: Report

Last Updated: Tuesday, August 12, 2014, 15:43

A former high-ranking Chinese military leader is under investigation for allegedly taking bribes, a Hong Kong-based watchdog said on Tuesday, coming on the back of the nation`s much-publicised anti-corruption drive.

Asian stocks reach three-year peak, China holds gains

Last Updated: Tuesday, July 29, 2014, 09:29

Hong Kong`s key stock index inched to its loftiest level in over 3-1/2 years on optimism that the world`s second-largest economy has turned a corner and as investors wagered on more growth-friendly policies from Beijing.

In Chinese shadow, Hong Kong fights for its future

Last Updated: Sunday, July 27, 2014, 02:53

As skyscrapers around Hong Kong harbour erupted into a reverie of laser beams and giant digital displays during their synchronised nightly light show, one innocuous 28-story building near the water`s edge had stayed dark for months, clad in bamboo scaffolding for a face-lift.

China denounces British Parliament`s inquiry into Hong Kong affairs

Last Updated: Saturday, July 26, 2014, 09:34

China denounced the launch of a British parliamentary inquiry into the affairs of Hong Kong that has begun 30 years after the two countries agreed on the return of the financial hub to Beijing.

Forbes publisher sold to Asian investors

Last Updated: Saturday, July 19, 2014, 01:43

The publisher of the US business magazine Forbes said today that a controlling stake in the group had been sold to a Hong Kong-based investment consortium.

RBI, Monetary Authority of Hong Kong ink MoU for info exchange

Last Updated: Thursday, July 17, 2014, 13:36

With this, RBI has signed MoUs with 21 supervisors for supervisory co-operation.

25 injured as Hong Kong-bound jet hits turbulence

Last Updated: Wednesday, July 16, 2014, 14:13

Hong Kong airport authorities said they were notified by the plane`s captain at 11:00 am that they would need help from emergency services when they came into land.

Hong Kong asks Beijing for greater democracy

Last Updated: Tuesday, July 15, 2014, 15:49

Hong Kong has sent a report to Beijing recommending changes to allow for greater democracy in the southern Chinese city, kicking off a process that will ultimately let residents elect their leader for the first time in 2017.