Issue: November 08, 2010   (Archive)
Friday, January 30, 2015   




LINK defends splashy move
Link REIT (0823) management defended its groundbreaking move to splash some HK$10 billion on a commercial project in Kwun Tong, denying it is turning into a property developer.

ATV staff pay dispute 'absolutely ridiculous'
Executive Council convener Lam Woon-kwong described the non-payment of staff at cash-strapped ATV as "ridiculous."

A sweet goodbye to more handouts
Financial Secretary John Tsang Chun-wah is expected to scrap more sweeteners in next month's budget for a second year in a row.

Singapore jumps on to currency war bandwagon
Singapore's central bank unexpectedly eased monetary policy yesterday, saying a plunge in commodity prices had significantly changed the city-state's inflation outlook and joining global policymakers in seeking to defuse deflationary pressures.

SAR's corruption-free image takes a fall
Public perception that Hong Kong is relatively free of corruption has taken a battering, although it remains the freest economy in the world, says a report released by US think tank Heritage Foundation.

Link breaks ground in prime office site win
For the first time ever, Link REIT (0823) ventured into property development yesterday, clinching a commercial site in East Kowloon for a record high price.

CCTVs case helps catch airport operator in a lie
The Airport Authority lied about the recording capabilities of its CCTV cameras and then unjustly blamed the lie on its staff, Ombudsman Connie Lau said.

Call to weed out housing abuses
The Ombudsman has slammed public housing authorities, saying their failure to properly monitor the eligibility of tenants has, for instance, allowed a man and his three sons to occupy three flats for eight years.

'Romantic issues' drive banker to death leap
A banking executive yesterday plunged to his death from a tower in Central, possibly due to romantic problems with his girlfriend.

Ice blast shuts down travel
Tens of millions of Americans along the northeast coast buckled down for another day of a monstrous snowstorm that has shut down New York and other major cities.



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