Today: HONG KONG News, Apr 03, 2013

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Apr 3, 2013

HONG KONG News, Apr 03, 2013

Hong Kong, Shaken by SARS Outbreak in '03, Keeps Wary Eye on New Virus
New York Times
HONG KONG — A decade after severe acute respiratory syndrome, or SARS, swept through Hong Kong and then around the world, the city is among the first to become worried about the emergence and spread of another, genetically related virus in the ...
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Hong Kong dockworkers refuse to back down as strike threatens shipments at ...
Washington Post
“There are some disruptions, particularly for the importers,” which are seeing some shipments of perishable goods like fruit rotting because they're sitting on the dock longer, said Willy Lin, chairman of the Hong Kong Shippers' Council. “On the export ...
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Washington Post
For Hong Kong Markets, Bad Omen in a Movie Premiere
New York Times
HONG KONG — There are all sorts of reasons for the Hong Kong stock market to have the jitters these days. The Chinese economy remains wobbly. North Korea is threatening nuclear war. And perhaps most worrisome this week, a leading Hong Kongactor ...
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New York Times
Hong Kong Plan to Limit Public Data on Directors Put on Hold
New York Times
HONG KONG — The Hong Kong government said late Thursday, just before the start of a four-day Easter public holiday, that it had put on hold its plans to block public access to residential address information and the identity card numbers or passport ...
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In retrial, Hong Kong businessman seeks $328M for helping Las Vegas Sands ...
Washington Post
LAS VEGAS — Casino mogul Sheldon Adelson is squaring off for the second time with a Hong Kong businessman who says he's owed $328 million for helping Las Vegas Sands Corp. win a gambling license in the Chinese enclave of Macau. The case turns ...
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Fans send origami, visit Hong Kong hotel to mark 10th anniversary of Leslie ...
Washington Post
Cheung killed himself by jumping off the Mandarin Oriental Hotel in central Hong Kong on April 1, 2003. His death came at a dark time for his hometown as Hong Kong was hit with the SARS epidemic (Severe Acute Respiratory Syndrome). Hundreds died in ...
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Shanghai, Hong Kong stocks slide as banks tumble
MarketWatch
HONG KONG (MarketWatch) -- Mainland Chinese stocks plunged in early trading Thursday, also dragging down their Hong Kong counterparts, after the nation's banking regulator moved to curb risks posed by wealth-management products offered by lenders.
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Hong Kong shares at highest since March 15; China inches up
Business Recorder (blog)
Hong Kong shares reached their highest close in eight sessions, as two of the "Big Four" Chinese banks reported relatively solid 2012 results and other company earnings on Wednesday spurred significant price-moves. But mainland investors weren't ...
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Hong Kong Businesses Vanish as Rents Soar: Real Estate
Bloomberg
Over the past decade, car-repair shop owner Benny Chan has seen more than 70 percent of his small-business peers disappear as his Hong Kong neighborhood fills up with high-end Western bars and Japanese restaurants. “Rents here are going up ...
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Bloomberg
China Says Elected Hong Kong Leader Cannot Oppose Beijing Rule
Bloomberg
The leader of Hong Kong “can't plot to overthrow the rule of the Chinese Communist Party,” Qiao Xiaoyang, chairman of the law committee of the National People's Congress, said in a March 24 speech, according to a transcript posted online today.
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Bloomberg
Residency rights in Hong Kong
The Economist
THE highest court in Hong Kong has ruled that foreign domestic workers are not eligible to apply for permanent residency in the Chinese territory. The ruling ends a two-year legal battle led by Evangeline Banao Vallejos, a Filipino maid who has worked ...
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Hong Kong steps up checks as new bird flu cases reported
South China Morning Post
Hong Kong health authorities on Tuesday stepped up checks on travellers and hospital patients after it was reported that the new H7N9 bird flu virus had infected four people in eastern China. The Department of Health said its Centre for Health ...
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Hong Kong to Raise Air Quality Standards and Cut Emissions
Businessweek
Hong Kong will use air quality standards set by the World Health Organization as a reference for its own objectives, the government said today in a statement. The new air quality targets and monitoring index will be unveiled next year, and the ...
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Hong Kong Film Festival: Four directors ponder nature of beauty
Los Angeles Times
Contributing from Hong Kong is Mabel Cheung, director of the critically acclaimed “The Soong Sisters.” In her short film “Indigo,” Cheung marries scenes of frenetic modern-day Hong Kong with a dance hall that clings to the past; it's all set on ...
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Fiji claim Hong Kong Sevens rugby title with dramatic comeback
Boxscore
International Rugby Board: March 24, 2013 Fiji have defended their Hong Kong Sevens title in the most dramatic way - coming back from a half time deficit of 19-0 against Wales to claim a famous 26-19 victory. Osea Kolinisau came on as a second half ...
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Boxscore
Secrets of Hong Kong cuisine revealed
USA TODAY
HONG KONG -- Somewhere between the braised bamboo piths stuffed with bird's nest and the pigeon in Shaoxing wine sauce served with its head attached, I realize that all the Chinatown meals in the world haven't prepared me for my customized culinary ...
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Hong Kong Life Through a Photographer's Lens
Wall Street Journal
Michael Wolf is obsessed with taking pictures of dense urban spaces, whether it's the monolithic residential blocks of his adopted home of Hong Kong (“Architecture of Density”), or the tightly packed commuter trains of Tokyo (“Tokyo Compression ...
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China Audits Demand Hong Kong Rigor
Wall Street Journal
An international tug of war over Chinese audit files has been dragged into a Hong Kong court this week. The outcome could be crucial for multinational companies with big China operations, and for Chinese companies listed overseas. U.S. authorities have ...
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Hong Kong shares close out first quarter weaker as Chinese banks dive
Economic Times
HONG KONG: Hong Kong stocks fell 0.74 percent Thursday amid growing concerns about the eurozone, while on the mainland banks were hit by fresh moves to tighten up regulations and cut risk. The benchmark Hang Seng Index lost 165.19 points to ...
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Hong Kong Yuan Deposits Climb to Record on Bets Currency to Gain
Bloomberg
Yuan deposits in Hong Kong climbed to a record in February as a brightening outlook for the world's second-largest economy spurred speculation China's currency would appreciate. Savings rose 28 billion yuan ($4.5 billion) from the previous month to 652 ...
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Hong Kong must bridge widening divide over universal suffrage
South China Morning Post
Hongkongers need genuine democracy - of that there can be no debate. How it is to come about and what form it takes remains unclear and has to be thoroughly discussed by stakeholders. The aspirations of the organisers of a new movement to push for ...
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Hong Kong foots the bill as Beijing tops up its tax take
South China Morning Post
Jake van der Kamp is a native of the Netherlands, a Canadian citizen, and a longtime Hong Kongresident. He started as a South China Morning Post business reporter in 1978, soon made a career change to investment analyst and returned to the newspaper ...
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Hong Kong ease past Nepal to close in on world qualifiers
South China Morning Post
Playing at home and in front of thousands of their fans, Nepal were always considered a huge threat but Hong Kong brushed aside the hosts with minimum fuss to record their second successive six-wicket win in as many days at the Asian Cricket Council ...
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Hong Kong shares start April on weak note, China slips too
Reuters
HONG KONG, April 2 (Reuters) - Hong Kong shares eked out slim gains on Tuesday as markets reopened after the Easter holiday with strength in index heavyweight, HSBC Holdings, outweighing weakness in the Chinese banking sector. The Hang Seng ...
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PRESS DIGEST - Hong Kong - March 28
Reuters
China Eastern Airlines Corp Ltd said it would delay the launch of Jetstar Hong Kong, a low-cost carrier it jointly owns with Jetstar Group, by nearly six months to the end of the year due to complexities in its application for an operating licence in ...
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Hong Kong must foster the global campuses of the future
South China Morning Post
All eight of Hong Kong's publicly supported tertiary institutions have been making major efforts to encourage such attributes through, among other ways, international student exchanges that not only provide opportunities for young people to experience ...
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If Hong Kong Isn't A Housing Bubble, Then Nothing Is
Forbes
Hong Kong real estate prices cannot possibly be sustainable at these levels. Whether or not they decline by double digits anytime soon remains to be seen. Asia, and China in particular, is fast becoming the world's biggest consumer market. It's already ...
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Hong Kong shares have weak April start, China slips
Reuters
HONG KONG, April 2 (Reuters) - Hong Kong shares were flat on Tuesday as markets reopened after a break for Easter, weighed down by lingering weakness in the mainland Chinese market and underwhelming U.S. data. The Chinese property sector ...
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FedEx Launches All-Electric Vehicle Fleet in Hong Kong ...
By Environmental Leader
FedEx Express has expanded its alternative-energy vehicle fleet with 10 new all-electric commercial vehicles for use in Hong Kong. This is the first fleet of ... Stay on top of data, news & analysis - get our free daily newsletter. Home » FedEx ...
Environmental Management & Energy News
Beijing warns pan-democrats of 'misjudgment' in using mass protests
The Global Times newspaper, affiliated with Communist Party mouthpiece the People's Daily, dared the pan-democrats to try pushing Hong Kong to "economic suicide" - apparently referring to the Occupy Central campaign. Beijing pledged in ...
Hong Kong feed
Hong Kong tables amendments to arbitration law | Herbert Smith ...
By Herbert Smith Freehills Arbitration
On 28 March 2013, Hong Kong gazetted The Arbitration (Amendment) Bill 2013. The Bill will amendHong Kong's Arbitration Ordinance (Cap. 609) to implement an arrangement for mutual enforcement of awards between Hong Kong and ...
Herbert Smith Freehills arbitration news
Bunkerworld News - Latest News - Hong Kong aiming for ECA ...
Bunkerworld - the leading resource for the bunker industry.
Bunkerworld News
Leading Edge: High hopes in Hong Kong - Property Report
By editor
Hong Kong's government introduced new property taxes last autumn in a bid to cool the city's overheated property market. ... Property Report | The trusted source for Real Estate news. Property report. Property Awards News · News by Country ...
Property Report | The trusted...
Baby delivery business boom fading in Hong Kong - World - CBC ...
Hong Kong's hospital doors used to be wide open to mainland Chinese women willing to pay to deliver their babies, but new restrictions have stopped that.
www.cbc.ca/.../fitzpatrick-hong-kong-mainland-births.html
Cyprus news buoys Hong Kong stocks 0.96pc in early trade | South ...
Hong Kong shares jumped 0.96 per cent in early trade on Monday as traders welcomed news that Cyprus and its international creditors had reached a deal that ...
www.scmp.com/.../cyprus-news-buoys-hong-kong-stocks-096...
BBC News - Dock workers strike in Hong Kong
In Hong Kong a strike by dock workers is translating into major losses for the port operator.
www.bbc.co.uk/news/business-22009418
Learning English - Words in the News - The world's brightest city
Hong Kong is one of the worst cities in the world for light pollution. Find out more with Words in theNews. Words in the News: 25 March 2013.
www.bbc.co.uk/.../2013/.../130325_witn_light_pollution.shtm...
Irish Rugby : News : Ireland Women Win Bowl Final In Hong Kong
Ireland kicked off the day against South Africa and were leading right up to the last seconds. A late score saw the South Africans edge the game 17-14. Ireland's ...
www.irishrugby.ie/ireland/28805.php
Feature: Lee hits Hong Kong -NeoBuggy.net – Offroad RC Car News
In December last year I was invited to visit Hong Kong to share my RC knowledge and experience with a number of local guys in Hong Kong (HK) that wanted to ...
www.neobuggy.net/2013/03/31/feature-lee-hits-hong-kong/
Hong Kong's Deacons hires WilmerHale's Beijing head | News | The ...
Hong Kong's largest independent firm Deacons has appointed senior private equity lawyer Robert Woll as a partner in its financial services group.
www.thelawyer.com/news-and.../asia.../3003518.article
Hong Kong road map for reducing air pollution - Asia News Network
Li Xueying. The Straits Times. Publication Date : 29-03-2013. The promise of " blue skies" in the Pearl River Delta region by 2020 was held out by the Hong Kong ...
www.asianewsnet.net/Hong-Kong-road-map-for-reducing-air-...
Hong Kong shares up 0.02 pct by midday - Xinhua | English.news.cn
HONG KONG, April 2 (Xinhua) -- Hong Kong stocks rose 3.4 points, or 0.02 percent, to close Tuesday's morning session at 22,303.03.
news.xinhuanet.com/english/china/2013.../c_132279077.htm
Hong Kong backs down over controversial privacy law | Bangkok Post
Hong Kong's government on Thursday backed down from introducing a controversial privacy law following a campaign by journalists who said the move would ...
www.bangkokpost.com/.../hong-kong-backs-down-over-contr...
Democratic hopes dashed for Hong Kong 2017 election | News ...
Hopes that Hong Kong's 2017 election will be genuinely democratic have been dashed after a senior Chinese leader said, regardless of the vote, Beijing will ...
www.gmanetwork.com/.../democratic-hopes-dashed-for-hong-...
Hong Kong's foreign maids lose legal battle for ... - ABS-CBN News
HONG KONG - In a landmark decision Hong Kong's highest court on Monday ruled against granting residency to two Filipino maids, dashing the hopes of ...
www.abs-cbnnews.com/.../hong-kongs-foreign-maids-lose-leg...
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