Tuesday, July 29, 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:
Flight fuel surcharges unchanged (07-28 18:07)
Man arrested over two traffic crashes (07-28 17:29)
CS meets with group over reform (07-28 17:28)
Improvement possible for reform: CS (07-28 15:04)
Lawmakers meet with officials over food scandal (07-28 14:56)
Pirated school books seized in raids (07-28 10:28)
Third runway sparks concerns (07-25 17:23)
Consultation on working hours about to end (07-25 17:22)
Housing projects sped up (07-25 16:18)
Woman sentenced for beating son (07-25 15:23)

More breaking news >>

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