Asia Top News and Analysis Hong Kong

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    Global PC shipments declined 1.4 percent in the last quarter of 2011 mainly due to weak demand in Western Europe and the United States, according to research firm Gartner.

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    Multi-billion dollar corruption in India and a whopping 36 percent cut in the salary for Singapore's prime minister have once again raised the question: How much should politicians be paid?

  • In November 2011, West Hollywood, Calif., became the first city in the U.S. to ban the sale of clothing made of animal fur. The ban goes into effect in , and animal rights activists are hopeful that it will lead other cities to adopt similar measures and, ultimately, end the practice of using animal fur entirely.If history is any indication, even an all-out nationwide ban on animal fur is unlikely to squelch demand. Rather, the likelihood is that it would simply create a black market for such it

    Many luxury goods have existed for centuries and enjoyed widespread popularity despite official bans. What are some in-demand luxury goods that have been banned?

  • Hong Kong Property Sector to Test October Low

    Alex Wong, Director of Asset Management at Ample Capital talks about the sectors in Hong Kong that will remain under pressure in the coming months.

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    China Construction Bank is in talks to buy a bank in Brazil amid plans to open a subsidiary in Latin America’s biggest economy, according to officials and people familiar with the matter. The FT reports.

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    Asia’s image-conscious rich are spending big money on adding frills to their million-dollar yachts.

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    Canadian inflation rose, the U.K. budget narrowed, but it's all about Europe - time for your FX Fix.

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    Hewlett-Packard's  personal computer shipments grew 5.3 percent in the third quarter, while China's Lenovo  overtook Dell to become the world's No. 2 PC maker for the first time, according to data from two influential research firms.

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    The uncertain economic climate has dimmed job prospects for the rest of the year and going forward into 2012, with investment banks especially vulnerable to cuts, Guy Day, CEO of recruitment firm Ambition told CNBC.

  • Market Underestimated the Risks of Offshore Yuan

    CNH market has created competition for deposits in Hong Kong, says Tom Quarmby, director, Equity Research at Barclays Capital.

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    Stock markets in Asia continue to head south with little to signal a turnaround in the new quarter, but regional experts told CNBC investors should capitalize on attractively low valuations instead of piling cash.

  • Qantas Airways says it is canceling and delaying dozens of flights because of a strike by its ground workers and engineers. The Australian carrier says 8,500 domestic and international passengers will have their flights disrupted by Friday's strikes. Qantas says 39 flights will be delayed and two flights canceled.

  • People queue to buy iPad 2 at an Apple store on May 6, 2011 in Shanghai, China.

    Apple has been granted patents on some of the distinctive elements of its store designs in China as the US company moves to better protect itself against rampant copying of not only its products but also its sales channels on the Chinese mainland. The FT reports.

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    Mortgage rates in Hong Kong, which have jumped nearly 200 basis points (bps) over the last 6 months, could rise to as much as 4.5 percent by the end of 2012, according to Barclays Capital, making it much harder for first-time homebuyers to enter the market.

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    Great new ideas are only the first link in a chain that includes government and corporate allies in an economy that supports risk.

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    When Pershing Square founder Bill Ackman advocated buying Hong Kong dollar call options Wednesday, I was a bit surprised that such things even exist.

  • Bill Ackman: Betting on Hong Kong

    William A. Ackman, Pershing Square Capital Management shares his strategy behind investing in Hong Kong and why he sees a 100 times return on investment. He explains there is less risk in owning the Hong Kong dollar vs the U.S. dollar.

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    Bill Ackman's idea that the Hong Kong dollar will appreciate by as much as 30 percent against the US dollar got a strong reaction at the Delivering Alpha conference and on Twitter this afternoon.

  • Hong Kong Dollar bills featuring an image of the Bank of China Building. There are growing calls for an end to the peg with the U.S. dollar.

    Link to the U.S. dollar is forcing Hong Kong to import ultra-loose monetary policy amid soaring property prices, but the alternatives also carry risks. The Financial Times reports.

  • Hong Kong Dollar bills featuring an image of the Bank of China Building. There are growing calls for an end to the peg with the U.S. dollar.

    A milestone of sorts was reached this month when the dollar hit a multiyear low on a trade-weighted basis and set record lows against Asian currencies. As a result, Hong Kong citizens are increasingly turning their backs on the US dollar and momentum to reject the dollar peg is developing. The Financial Times reports.