Hong Kong Exchange Sits Out the Dance, for Now
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Hong Kong has made no secret that closer integration with the booming exchanges of Shanghai and Shenzhen are vital to its future as a financial center.
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LONDON Air China on Wednesday became the first Chinese company to begin trading on the London Stock Exchange in four years, a debut that exchange executives hope will be the beginning of a wave of listings from Hong Kong.
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Regional exchanges are from a bygone age but could still hold value for new-age companies.
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Hong Kong&#39;s highest court rejected the government&#39;s request that a 67-year-old tenant be given hours instead of weeks to appeal the sale of a $2.7 billion property trust, putting its Dec. 20 trading debut in doubt.
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A project to build a cultural complex in Hong Kong has become the center of a bitter local and international debate in the last few weeks.
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HONG KONG A 67-year-old public housing tenant Sunday forced the Hong Kong government and three of the world&#39;s largest financial institutions to postpone indefinitely a $2.73 billion real estate offering.
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It&#39;s often been said that Hong Kong people are interested in money, not politics, but upcoming legislative elections may bury that notion for good as angry residents turn out to send their leaders a message.
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The stock is revived, but the business remains iffy.
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Business & money: Â· No talks yet to extend designer's contractÂ· Retailer to report worst performance for two years
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WASHINGTON (CBS.MW) -- Chinese finance officials repeated Friday their commitment to move toward a flexible, market-based foreign exchange rate but didn&#39;t outline specific plans to do so after consultations with US economic officials Thursday.
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Some exchange-traded funds aren't for anyone.
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Foreign Service officers looking for pay equity will have to keep waiting.
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Chinese officials reiterated their country would move toward a flexible foreign exchange rate, but offered no new specifics on the timing in a joint statement issued on Friday after talks with high-level US officials.
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Here's one China-themed stock that's not doing so well.
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Asia&#39;s financial markets got off to a  calm start to the week on Monday with investors waiting to hear  from top central banks what to make of the turmoil that has  kept markets on edge for weeks.
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Hong Kong&#39;s chief executive, Tung Chee-hwa, ruled out on Thursday trying to pass internal security legislation any time soon, a strong sign that his backers in Beijing
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GlaxoSmithKline may be temporarily down, but it's not out.