News

ASM Pacific to snap Siemens AG's assembly systems business

ASM Pacific to snap Siemens AG's assembly systems business

ASM, a semiconductor assembly and packaging equipment supplier, aims to explore opportunities in the SMT equipment business.

Exports and imports soar to 26.7% and 31% in June

But government said the level of uncertainty in the external trading environment remains high due to the measures implemented by some European economies.

Lot at The Peak sells for $10.4 billion

Market Prospect Limited buys the site area of about 23, 312 square metres designated for private residential purposes.

Hong Kong to boost tourism ties with Macau

Both cities agree to promote multi-destination itineraries and meetings, incentives, conventions and exhibitions to boost tourism development.

2010 visitors reach record high

Visitor arrivals in the first half of the year reached 16.86 million, about 23.1% higher than the number of visitors in the same period in 2009.

Mt. Nicholson Road site may be sold for HK$10.5 billion

The building site in the Peak district may be auctioned off by the government for approximately HK$10.5 billion ($1.35 billion) amidst demand for high-end properties in Hong Kong.

Dragonair resumes direct flight to Fukuoka

Japan's popularity to tourists prompted airline to operate direct non-stop service between Hong Kong and Fukuoka.

Hong Kong developers to capitalise on Guangdong redevelopment

China province’s real estate investment surged 32.2% to HK$131.36bln amid the hosting of Asian Games.

Offshore renminbi products take off

Hong Kong’s new renminbi inter-bank market launched as limits on offshore renminbi circulation are being loosened.

StanChart and HSBC to launch higher-yielding RMB products

Regulators sealed agreement allowing HK financial institutions to offer higher returns on yuan savings accounts.

Hong Kong SMEs to invest in the next 6 months

1 in 10 SMEs will expand their workforce as Hong Kong businesses show signs of recovery.

3 airlines to slash fuel surcharges

Short-haul flights fuel-surcharge to drop 7% to $98 while that for 2% will fall to $505.

China Agri-Industries offering stocks and bonds worth HK$3.89bln

The company priced the shares at HK$8.75-HK$9 as it offers 5 year convertible bonds.

Hong Kong's goods export volume up 19.2%

Prices of total goods exports increased 4.1%, while prices of goods imports rose 6.8%.

Hong Kong unemployment stays at 4.6%

Figures show that companies remained active in recruitment that absorbs the concurrent increase in labour supply.

Hong Kong and Shanghai collaboration may foster mutual benefit

Top HK official optimistic that working out 'one country, two systems policy' will improve both cities.

Hong Kong legislation passes minimum wage bill

Fate of labor groups' HK$33 per hour floor proposal depends on Chief Executive Donald Tsang's decision.