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Hong Kong shares to open flat, Kunlun Energy climbs
ReutersHONG KONG, May 7 (Reuters) - Hong Kong shares are set to open flat on Tuesday, with Kunlun Energy the top percentage gainer among Hang Seng Index components with a 1.1 percent gain. The Hang Seng Index was set to open flat at 22,924.3. The China...Tags: China Enterprises
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Philippines' PLDT sees 2.7 pct growth in 2013 core profit, Q1 drops
ReutersMANILA, May 7 (Reuters) - Philippine Long Distance Telephone Co (PLDT) expects its 2013 core net profit to rise 2.7 percent, a pick up from the 4.4 percent drop in 2012, as internet and broadband revenues increase. PLDT, the country's second most...Tags: Weather, Philippines, NTT DoCoMo Incorporated, Weather Reports, Japan
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GLOBAL MARKETS-Asian shares capped but Nikkei soars on US growth hopes
Reuters* MSCI Asia ex-Japan down 0.1 pct, Nikkei hits highest since June 2008 * Reserve Bank of Australian cuts interest rates by 25 bps to 2.75 pct * Aussie dollar falls, stocks trim earlier losses on RBA decision * Gold suffers as big ETF sees outflows...Tags: Labor Markets, Petroleum Industry, Nikkei, Tokyo (Japan), China
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Dockers at HK port operated by billionaire agree to 9.8 percent pay rise
ReutersHONG KONG (Reuters) - About 500 striking workers at a port operated by billionaire Li Ka-shing agreed to a 9.8 percent pay rise on Monday, ending one of the city's longest-running industrial disputes that has diverted traffic from the world's No 3...Tags: Shipping Service, Career and Workplace, China, Li Ka-shing, Labor Disputes
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Hong Kong shares close up 0.6 pct ahead of China data
ReutersHONG KONG, May 7 (Reuters) - Hong Kong shares ended at multi-week highs in choppy trade on Tuesday as investors braced for a slew of economic data from China that could offer fresh clues on the recovery in the world's second-largest economy. The Hang...Tags: China, Money and Monetary Policy
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Iran faces fresh trade heat as more shipping firms exit
Reuters* Iran reliant on shipping for many imports * Foreign firms seen fearing for global business ties By Jonathan Saul and Nidhi Verma LONDON/NEW DELHI, May 7 (Reuters) - Foreign container shipping lines are giving up on Iranian business ahead of new U.S....Tags: Germany, Shipping Service, India, Tehran (Iran), Singapore
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Hong Kong shares may start higher on Wall Street record
ReutersHONG KONG, May 7 (Reuters) - Hong Kong shares may start higher on Tuesday, tracking Wall Street's strength on solid earnings and a brighter economic outlook. On Monday, the Hang Seng Index rose 1 percent to 22,915.1 points. The China Enterprises Index of...Tags: Earnings Forecasts, HSBC Holdings plc, S&P 500, China, Japan
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Jackie Chan Teams With Fan Bingbing on Action Comedy 'Skiptrace'
ReutersMay 06 (TheWrap.com) - Exclusive Media has come on board to produce and co-finance Sam Fell's action-comedy "Skiptrace," which will pair action icon Jackie Chan with rising star Fan Bingbing ("X-Men: Days of Future Past"). "Skiptrace" will be produced as...Tags: China, Entertainment, Movies, Film Festivals
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Hong Kong shares may start week higher
ReutersHONG KONG, May 6 (Reuters) - Hong Kong shares could start the week stronger on Monday, tracking Wall Street gains after a positive U.S. April jobs report eased growth jitters. A unit of Sinopec Group and brokerage China Galaxy Securities are launching...Tags: PetroChina Company Limited, Financing and Stock Offerings, China, Macau, Hutchison Whampoa Limited
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Hong Kong shares to open up 1.2 pct, commodities sectors lead
ReutersHONG KONG, May 6 (Reuters) - Hong Kong shares were poised to start at their highest in almost two months on Monday, helped by strong gains for commodities-related counters as Friday's strong U.S. jobs report eased global growth jitters. The Hang Seng...Tags: China Enterprises
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Hong Kong shares close up 1 pct at near two-month high
ReutersHONG KONG, May 6 (Reuters) - Hong Kong shares climbed to their highest in almost two months on Monday, buoyed by robust gains for commodities-related counters as prices in physical markets soared. The Hang Seng Index ended up 1 percent at 22,915.1...Tags: Petroleum Industry, China, Marketing, Macau, Deutsche Bank AG
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China Galaxy's IPO bookrunner record sets grim stage for bankers
ReutersBy Elzio Barreto and Denny Thomas HONG KONG, May 6 (Reuters) - State-owned China Galaxy Securities Co Ltd set a record for Hong Kong's IPO market on Monday, with a total of 21 banks working as joint bookrunners on its $1.37 billion offering. That...Tags: Thomson Corporation, Business Enterprises, Investment Service, China, Japan
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