Hong Kong news and stories by mail.com

Hong Kong

HSBC settles US money laundering case for $1.9B
HSBC says it's paying $1.9 billion in penalties to settle a U.S. money laundering probe. The investigation into HSBC has focused on the transfer of ...
Asia stocks wane as US budget talks drag on
Asian stock markets lost some of their bottle Tuesday as efforts by U.S. leaders to reach a budget deal before the year's end appeared deadlocked and ...
Asia stocks rise on US jobs data showing growth
Rising factory output in China and better-than-expected jobs numbers out of the U.S. helped lift Asian stock markets on Monday. Investors delved into ...
China's Xi leads campaign to cut pomp
New communist leader Xi Jinping is on a mission to soften the image of Chinese officialdom, winning kudos for his breezy personal style and ordering ...
World stocks rise after positive US jobs figures
Global stock markets mostly rose after a better-than-forecast U.S. jobs report Friday offset gloomier data showing consumer confidence in the world's ...
Asia stocks rise as US employment claims dip
Asian stock markets rose Friday after the number of Americans seeking unemployment benefits fell last week, offsetting a somber economic forecast by ...
Asia stocks higher on hopes for US budget deal
Asian stock markets rose Wednesday as investors became increasingly convinced that U.S. political leaders will reach a budget deal that avoids a major ...
Asia stocks down on US manufacturing report
A weaker-than-expected U.S. manufacturing report sent Asian stock markets down Tuesday. U.S. manufacturing shrank in November to its weakest level ...
Asia stocks rise on improved China manufacturing
Asian stock markets rose Monday after surveys showed a recovery in China's manufacturing. HSBC's Purchasing Managers' Index rose to 50.5 in November ...
Notorious Macau gangster released from prison
The notorious Macau crime boss known as Broken Tooth Koi, who was released from prison Saturday after serving nearly 15 years, will hardly recognize ...
Stock gains limited by US fiscal cliff uncertainty
Uncertainty over whether U.S. leaders can resolve a critical budget deadlock and figures showing the unemployment rate across the 17-country eurozone ...
GM venture in China plans $1 billion auto plant
General Motors Co. and its joint venture partners in China say they will spend 6.6 billion yuan ($1 billion) to build a third car plant to keep up ...
Asia stocks up on hopes for a US budget deal
Signs that U.S. political leaders may be closing in on a budget deal to avoid the so-called "fiscal cliff" boosted Asian stock markets Thursday.
China film studios plan Shanghai stock offerings
Two big Chinese state-owned film studios are planning to sell shares on the Shanghai stock exchange in a sign of Beijing's desire to build a film ...
Asia stocks fall as talks over US budget stall
Lack of progress in negotiations for a deal to avoid a U.S. budget crisis before a January deadline sent Asian stock markets lower on Wednesday.
HK car park investment craze raises bubble fear
Investors looking for new places to park their cash in Hong Kong are driving up prices for parking spaces, sparking fears of a bubble in the Asian ...
Asia stocks up after deal over Greek debt reached
Asian stock markets rose Tuesday after talks over Greece's financial crisis ended with an agreement on how to reduce its debt load, paving the way for ...
Asia stocks post slight gains after Black Friday
Asian stock markets posted slight gains Monday after the unofficial start of the holiday shopping season in the U.S. topped expectations, offsetting ...