Hong Kong

A probe found out that Merrill Lynch failed to properly assess the financial situation and investment objectives of 40 customers who invested in the index-linked notes in 2007.

The auctioned parcels were Inland Lot No.8963 on Stubbs Road, New Kowloon Inland Lot No.6498 on Begonia Road, and Lot No.2086 in Demarcation District No.105.

The company is committed to serve the growing Baltic markets as it increases in capacity and additional port coverage.

Sequentially, growth likely quickened to 2.1% QoQ from 1.5% in 4Q 2010.

Gross margin improves to 5.1% from 4.7% a year ago during the same period as China sales shores up 31.9%.

The volume of total exports climbs 17.7%, and the volume of imports soars by 12.9% in the first quarter.

The move to boost connections to multiple US destinations for Hong Kong customers.

The company believes effects of El Nino and La Nina are have dissipated as it expects to be able to fully utilise its quota share.

The Honourable Mr. Justice To imposed a fine of HK$200,000 against Lehman and awarded indemnity costs of HK$400,000 to the Plaintiffs.

Hong Kong's Grade A CBD rents posted the strongest QoQ increase of 11.9 per cent in 1Q 2011.

The exchange’s daily turnover in the period was $75.6bn on the Main Board and $364.8mn on Growth Enterprise Market.

Despite reaching above-trend growth, business has turned more cautious and the export outlook is more uncertain, considering adverse impacts of Japan’s earthquake disaster on global supply chains.

The official foreign currency reserve assets of Hong Kong amounted to US$276.9 billion at the end of April.

Compared with the over 80% of employees in the Nordic countries who are enjoying their work, only half of employees in Hong Kong claim to be happy.

Meyer is Hong Kong Exchanges & Clearing's first Chief Administrative Officer and will be a member of the Senior Management Committee.

From 2000 to 2010, industry-wide accident rates decreased from 149.9 to 52.1 per 1,000 workers a year and in public works contracts from 46.4 to 9.8.