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News Source: Xinhuanet.com
| about 1 year ago
Hong Kong has maintained its position as an international financial, trade and shipping center," Xi said. Xi pointed out that Hong Kong's interaction and cooperation with the Mainland have become even closer in all areas. Hong Kong enjoys social...
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News Source: Press TV
| about 1 year ago
1 The Government of Abu Dhabi has urged members of the Persians Gulf Cooperation Council to stop pegging their currencies to the US dollar. "Pegging was adopted when oil prices were low and the greenback still at the height of its strength," the...
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News Source: Xinhuanet.com
| about 1 year ago
Hong Kong/Guangdong Expert Group on Co-operation in Informatization held its third meeting in Guangzhou, the capital city of Guangdong Province. The meeting was co-chaired by the Deputy Government Chief Information Officer (Operation) Stephen Mak,...
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News Source: Xinhuanet.com
| about 1 year ago
Hong Kong's retail sales saw a slower growth in May, with total value up 12.9 percent on a year earlier to 23.1 billion HK dollars (2.96 billion U.S. dollars), the Census and Statistics Department said here Thursday. The moderate growth was...
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News Source: Turkish Press
| about 1 year ago
Hong Kong carrier Cathay Pacific issued a profit warning Wednesday in the latest sign that the soaring cost of jet fuel is piling pressure on the aviation industry. The airline said big swings in the fuel price made it impossible to accurately...
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News Source: GMA News
| about 1 year ago
Hong Kong stocks fell Wednesday as investors sold banks, airlines, and developers on worries over the impact of inflation and economic slowing on corporate profits. The blue-chip Hang Seng Index dropped 397.56 points, or 1.8 percent, to 21,704.45.
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News Source: BBC
| about 1 year ago
The airline said a 60% rise in the average price of fuel had "adversely affected" its financial performance. The volatility of the fuel price meant it could not estimate the effect on its profits this year, the firm said. Higher costs have forced...
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News Source: Sydney Morning Herald
| about 1 year ago
The Hong Kong-based airline said it paid 60 per cent more for jet fuel in the first half of this year, compared to the same period in 2007. The most recent spot price for jet fuel was more than 90 per cent higher than the company's average price last...
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News Source: GMA News
| about 1 year ago
Cathay Pacific Airways Ltd. warned Wednesday that its profits would be �disappointing" this year because of rapidly rising fuel costs. The Hong Kong-based airline said it paid 60 percent more for jet fuel in the first half compared to the same...
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News Source: The Age
| about 1 year ago
The spot price for jet fuel is 93% higher than the average of what the company paid last year, Cathay Pacific said in a statement today. Cathay Pacific share have dropped 26% this year as the carrier struggles with jet fuel costs that reached $US171.