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Insurance gross premium up 3.2%
Fri, 16 Mar 2007 17:42:57 +0800 | HKSAR Government
Last year saw a 3.2% rise in the general insurance business' gross premium, to $23 billion, while net premium also grew 6%, to $17 billion, the Office of the Commissioner of Insurance says.
Non-bank China exposures at $545.7b
Fri, 16 Mar 2007 18:36:01 +0800 | HKSAR Government
The banking industry's aggregate non-bank China exposures as at end-December was $545.7 billion, on the $535.3 billion figure recorded in September, the Monetary Authority says. The figure stood at $219.6 billion in June, which was based on the previous reporting scope.
$12.1b surplus for Q4 balance of payments
Fri, 23 Mar 2007 18:09:57 +0800 | HKSAR Government
Hong Kong recorded a $12.1 billion surplus in its balance of payments account in last year's fourth quarter, the Census & Statistics Department says. For 2006 as a whole, there was a $46.7 billion surplus, $36 billion more than 2005.
Intel to build $2.5 billion China plant (Reuters)
Mon, 26 Mar 2007 04:00:53 GMT | Yahoo! News
Reuters - Chip giant Intel Corp. said on Monday it would invest $2.5 billion to build a microchip plant in northeastern China, with the production of chipsets to begin in 2010.
Intel to build $2.5 billion China plant
| Findory News China
Reuters: BEIJING - Chip giant Intel Corp. said on Monday it would invest $2.5 billion to build a microchip plant in northeastern China, with the production of chipsets to begin in 2010.
Intel announces plan for $2.5 billion chip factory in China
| Findory News China
USA Today: Intel announced Monday it will build a US$2.5 billion chip factory in China, giving the U.S. company a bigger presence in the ...
China's Hu heads to Russia as world powers cement ties (AFP)
Mon, 26 Mar 2007 04:27:42 GMT | Yahoo! News
AFP - Chinese President Hu Jintao headed to Russia on Monday for a three-day trip that will see the two nations sign trade deals worth up to four billion dollars, with energy expected to be a key focus.
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