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Connecting determination makers to a dynamic network of information, folks and ideas, Bloomberg shortly and accurately delivers enterprise and monetary data, news and perception around the world. For the first three quarters of 2017 taken collectively, the Hong Kong economic system grew by three.9% year-on-12 months in real phrases, from 2% for 2016. Hong Kong is a favourite place on the planet to do business and host major conferences. Toyota official pink-flags electrical vehicle push in India 28 Dec, 2017 07:16 PM ISTShekar Viswanathan, vice-chairman and wholetime director at Toyota Kirloksar Motor, said consumers ought to be given freedom to make a logical selection.

Belmont-based labour rent and development services business The Go2 Individuals has been awarded a contract for the availability and installation of residential houses on the Meadowbrooke Life-style Property within the South West city of Boyanup. These stocks might give upto 60% returns in 2018 28 Dec, 2017 10:10 AM ISTBullish projection comes after a blockbuster yr for equities which gained 27% until Wednesday.

In keeping with China’s Customs statistics, Hong Kong is the second largest trading accomplice of the Chinese language mainland after the US, accounting for eight.three% of its complete commerce in 2016. How FRDI bill can save failing banks with out touching your deposits 28 Dec, 2017 03:34 PM ISTThe greatest means out is to amend the bill to specifically exclude deposits from the liabilities that the Resolution Company could choose for bail-in.

Ms Lam emphasised the Authorities’s role as a facilitator” and a promoter” and the alternatives introduced by the Belt and Street Initiative and the Guangdong-Hong Kong-Macao Bay Area (Bay Space). Mainland commercial banks including Bank of Beijing, Bank of Dongguan, China Bohai Bank, China Guangfa Bank, Hua Xia Bank and Ping An Bank have representative offices in Hong Kong.

Hong Kong’s merchandise exports elevated by eight.3% 12 months-on-yr in January-October 2017, after a marginal decrease of 0.5% in 2016. Authorities to push ahead with banking reforms in new yr 28 Dec, 2017 11:32 AM ISTThe authorities in October introduced infusion of an unprecedented Rs 2.eleven lakh crore capital over two years in public sector banks which can be reeling underneath excessive non-performing belongings (NPAs).