Hong Kong
Hong Kong-listed L'Occitane to buy skincare brand Elemis for US$900m
Hong Kong-listed L'Occitane to buy skincare brand Elemis for US$900m
The luxury cosmetics firm is building its UK and US foothold.
SFC slaps $2.4m fine on FWD Life
The insurer failed to meet the required number of personnel with sufficient investment experience.
Singapore SMEs turn to Hong Kong for short-lived IPO rally
However, they failed to sustain the momentum as they trade below offer prices.
Property deals down 5.5% to 79,193 in 2018
The trade spat and China's economic slowdown hit demand.
Government targets 12,600 public housing flats on Kai Tak by 2026
The former airport area could provide homes for 35,100 residents.
Hong Kong minimum wage to rise 8.7% $37.50 in May
It's the biggest increase since the scheme was introduced in 2011.
Tourist arrivals surge 20.6% to 6 million in November
The month witnessed a recovery in visitor arrivals from non-Chinese markets.
PMI hits 48 in December as demand sinks
Vendor performance has deteriorated for 20 months.
Baby Basics aims to be a one-stop online portal for all your infant essentials
It also unveiled its physical store in Lansing House following a positive online response.
Alphaslot makes a bet on blockchain-powered casino gaming
It is also launching a utility token called SLOT for in-game purchases.
Ztore.com hauls $62m in series B round
Funding proceeds will be used to launch its Ztore App.
The hammer falls on Hong Kong's auction houses
Christie’s Hong Kong 2018 autumn auctions raised $2.75b in late November, an 11.6% fall from the $3.11b raised over its spring 2018 auctions.
Up to 4% salary hike awaits tech workers in 2019
The demand will be driven in large part by fintech, as banks apply for their virtual banking licenses.
Hong Kong banks loan growth rebounds 5.2% in November
Business sentiment recovered mildly as corporates ramped up borrowing.
Government rejects calls to relax property cooling measures
The SSD, DSD, and BSD will remain in place.
Chinese production studio mulls Hong Kong IPO
Youhug Media's share sale could raise at least US$100m.
Retail sales slow 1.4% to $39.2b in November
Buying sentiment has soured in response to economic uncertainties.
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