Issue: April 19, 2014   (Archive)
Saturday, April 19, 2014   



Legco chief urged to cut short the filibuster
Legislative Council president Jasper Tsang Yok-sing was yesterday urged to cut short the budget debate after he was presented with a pair of golden paper scissors.

Raids put brakes on tax racket for cars
Police and customs officers believe they have smashed a racket importing new cars as secondhand vehicles to avoid paying HK$2.2 million in first registration tax.

`Biased' panel chairman under fire over landfill move
A decision on the government's landfill- incinerator proposal has been put on the back burner for another month after the chairman of the Legislative Council's public works subcommittee was accused of bias.

Retired head gets 8 months for indecent assault on teen
A retired primary school headmaster was jailed for eight months for indecently assaulting a 15-year-old student.

Rail delays `known about months before rainstorm'
The MTR Corp knew since January that the long-awaited Express Rail Link project would be delayed until 2017, according to an internal document.

Frantic race to save hundreds from ferry
South Korean rescuers, including elite navy SEAL divers, worked frantically under floodlights overnight to search for nearly 300 people missing after a ferry sank with 458 on board, mostly high school students bound for a holiday island.

Journalist fires fresh accusations at CR chief Song
Shares of state-owned conglomerate China Resources' locally listed units plunged yesterday as its chairman was accused of having an extramarital affair with a local banker, who allegedly assisted him in money laundering.

GDP gloom spurs stimulus
China's economy expanded 7.4 percent between January and March, its slowest pace in 18 months, prompting authorities to act for the second time in as many weeks to shore up growth.

Insurance watchdog to boost policyholder protection
Local policyholders are expected to receive better protection from next year when the government sets up an insurance authority that has the rights to fine firms and revoke their licenses.

HKMA boss coins in $9.97m salary
The salary of Hong Kong Monetary Authority chief remains the highest among global central bankers, totaling HK$9.97 million last year.



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