Thursday, October 30, 2014   

HKEx faces fresh legal challenge
(05-13 18:59)

The Hong Kong Stock Exchanges and Clearing (0388) says it has been served with a summons by a US court in a fresh legal challenge to a planned overhaul of its metals-warehousing system.
The bourse operator, which owns the London Metal Exchange, has been fending off a string of legal challenges to a plan designed to cut delays in accessing metals stored in its warehouse network.
But the plan had displeased some metal producers, among them Rusal, which said it would drive down prices and potentially force companies to close smelters. --RTHK   
Other Hong Kong breaking news:
Police warn people to avoid radical protestors (1 hr 59 mins ago)
Activists setting up police complaints mechanism (2 hrs 13 mins ago)
Waxwork Chinese leaders get democratic makeover in Hong Kong (2 hrs 20 mins ago)
Senior civil servants in line for pay rise (10-30 16:53)
Concern over proposed discrimination amendments (10-30 16:52)
Acting FS warns of potential volatility (10-30 15:10)
CFA refuses to hear flag-burning activists' appeal (10-30 14:13)
Wages expected to rise 4.5pc next year (10-30 14:13)
LegCo debates motions looking at Occupy, police (10-30 12:22)
Tien's dismissal from CPPCC 'chilling': academic (10-30 11:03)

More breaking news >>

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