Thursday, October 2, 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:
Paul Chan, wife guilty of libel, fined HK$230k (09-30 18:47)
China suspends HK tours: reports (09-30 18:15)
Printing error discovered in Hospital Authority system (09-30 18:04)
British PM reminds China of obligations over Hong Kong (09-30 17:32)
Minimum wage raised for foreign domestic helpers (09-30 17:28)
Occupy to open way for emergency services (09-30 17:14)
Emergency services disrupted: police (09-30 16:56)
Several bus routes remain closed (09-30 16:53)
Fiscal reserves at HK$711b (09-30 16:43)
China backs Hong Kong leaders against 'illegal' acts: govt (09-30 16:36)

More breaking news >>

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