Two years after starting a trial program allowing local governments to issue bonds directly, China is allowing two more provinces to the privilege. Jiangsu and Shandong province can now issue their own local government bonds, in addition to the origina…
2013-07-05
The Import & Export (Strategic Commodities) Regulations (Amendment of Schedule 1) Order 2013 will come into operation on July 8.
The Trade & Industry Department said today the current exercise updates Hong Kong's Strategic Commodities Control List to reflect the changes adopted in the strategic commodities control lists by relevant international non-proliferation regimes, that is the Wassenaar Arrangement, the Australia Group, the Missile Technology Control Regime and the Nuclear Suppliers Group.
Hong Kong has been following the control thresholds the international non-proliferation regimes adopt, to ensure that Hong Kong always upholds controls consistent with the international standards, while relieving traders from licensing requirements when the international standards are relaxed.
2013-07-05
A 68-year-old woman has died after she was reportedly struck by a coach on Des Voeux Road in Central this morning.
The accident happened at about 8.24am, as the coach was travelling eastbound, near 19 Des Voeux Road.
The woman was sent to Queen Mary Hospital where she died at 9:08am.
The 39-year-old coach driver was arrested for dangerous driving causing death.
Anyone who saw the accident should call Police on 3661 1620.
2013-07-05
Some readers may know that the Chinese international arbitration system is in a confused mess following the declarations of independence from CIETAC of its Shanghai and Shenzhen branches. (The whole thing is admirably summarized in this May 2013 post from…
2013-07-05
Glenview, IL-based Illinois Tool Works Inc. says that it has acquired Vesta (Guangzhou) Catering Co., a kitchen equipment maker owned by Actis Capital, a private equity firm investing exclusively in Africa, Asia and Latin America. The terms of the deal…
2013-07-05
Chinese companies' cross border deal value reached $50.2 billion during the first half of the year, an 85% increase from the $27.1 billion recorded in the same period last year, according to data released by Thomson Reuters. Chinese companies' outbound…