businessandfinance [3]
John Tsang hails Moody's rating upgrade
Thu, 26 Jul 2007 17:44:07 +0800 | HKSAR Government
Financial Secretary John Tsang has hailed Moody's decision to upgrade Hong Kong's long-term foreign-currency and local-currency sovereign ratings to "Aa2" from "Aa3", with a "stable" outlook.
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Question status quo to spot risks: Yam
Thu, 26 Jul 2007 19:10:04 +0800 | HKSAR Government
Questioning the status quo is the best way to spot emerging risks, Monetary Authority Chief Executive Joseph Yam says. Hong Kong must remain alert to potential financial crises, he adds, noting our size - not too big but liquid enough to attract international capital - and openness make us more vulnerable than others in an environment of financial globalisation.
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Thu, 26 Jul 2007 19:10:06 +0800 | HKSAR Government
The Exchange Fund's investment income rose to $47 billion in the first half of this year, up 53% on the same period last year, the Monetary Authority says.
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HK a knowledge-based economy: report
Thu, 26 Jul 2007 19:10:08 +0800 | HKSAR Government
Hong Kong has achieved improvements on many of the characteristics of a knowledge-based economy, according to a Census & Statistics Department report.
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June total export value up 11.1%
Thu, 26 Jul 2007 19:10:02 +0800 | HKSAR Government
June saw the value of total goods exports rise to $224.7 billion, up 11.1% on the same month last year. The figure comes after a year-on-year rise of 12.1% in May.
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Exchange Fund total assets up $14.7b
Fri, 27 Jul 2007 20:10:23 +0800 | HKSAR Government
The Exchange Fund's total assets stood at $1.257 trillion in June, up $14.7 billion on May, the Monetary Authority says.
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Mortgage Corp net profit up 27%
Fri, 27 Jul 2007 20:10:20 +0800 | HKSAR Government
The Mortgage Corporation recorded an unaudited profit after tax of $411.2 million in the first half of this year, up 27% over the same period last year.
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