360° Coverage : Hong Kong Will Overtake London As International Financial Capital

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Hong Kong Will Overtake London As International Financial Capital

Source: The Business Insider, Nov 12 2012, 8:15am CST

While New York is the current leader in terms of financial positions that service the domestic economy, London remains the leading hub for international finance today. But by 2015, Hong Kong will have outpaced London and le ...

Continue reading on: The Business Insider

 
 
Update
10

26 minutes ago

Competition heats up in China’s art market

Source: Smart Planet Blog  |   May 23 2013, 5:28am CDT

The Hong Kong International Art Fair from years past (above) is now Art Basel Hong Kong. HONG KONG — Ever since its debut in 2008, the Hong Kong International Art Fair has attracted hoards of ordinary Hong ...

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Update
9

26 minutes ago

Barfi! treads foreign grounds

Source: Webindia123  |   May 23 2013, 5:28am CDT

Ranbir Kapoor-starrer "Barfi!", which amassed critical and commercial acclaim in 2012, continues its international journey with an invitation from the Shanghai International Film Festival and an impending release ...

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Update
8

27 weeks ago


Quote:
"The biggest loser from this is the taxman ... Taking into account the loss of income from a much smaller City, from lower corporation tax, stamp duty and other city based taxes, I estimate that government revenues from the City in the current financial year are likely to be about £40bn compared with the £70bn which it received in 2007/08 at the peak of the cycle."


Source: The Business Insider

 

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Update
7

35 minutes ago

Brave Woman Tried To Reason With London Attackers

Source: NPR  |   May 23 2013, 5:19am CDT

LONDON (AP) — A brave scout leader who may have prevented further violence has emerged as an unlikely hero in the apparent terror attack that left one man dead on the streets of London. Ingrid Loyau-Kennett got off a bus ...

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Update
6

41 minutes ago

Ranbir Kapoor's BARFI! en route to Taiwan, China and Hong Kong! - News

Source: GlamSham.com  |   May 23 2013, 5:13am CDT

UTV's critically acclaimed blockbuster BARFI!'s international voyage continues. After its screening at Busan last year and its successful mainstream release in Turkey earlier this month, the movie is going to travel to Taiwa ...

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Update
5

59 minutes ago

IHT Rendezvous: Job Hunting in Asia: Language Skills Count

Source: The New York Times  |   May 23 2013, 4:55am CDT

HONG KONG — Asia has long exerted a magnetism for mobile Westerners in search of jobs and adventures. Tens of thousands of Europeans and Americans live in cities like Singapore and Hong Kong, which are financial and trading hubs with a long ...

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Update
4

1 hour ago

Photos: Art Basel Debuts in Hong Kong

Source: Wall Street Journal  |   May 23 2013, 4:48am CDT

WSJ.com is available in the following editions and languages: Thank you for registering. We sent an email to: Please click on the link inside the email to complete your registration Please register to gain free access ...

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Update
3

1 hour ago

PolyU graduate students host Knitwear Fashion Show

Source: Fibre2Fashion.com  |   May 23 2013, 4:07am CDT

The creative flair and design talent of graduating students from The Hong Kong Polytechnic University (PolyU)'s Institute of Textiles and Clothing (ITC) have won applause from the industry at the annual Knitwear Fashion Show hel ...

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Update
2

1 hour ago

Brave woman tried to reason with London attackers

Source: The State  |   May 23 2013, 4:03am CDT

Police and forensic officers near the scene of an attack which has left one man confirmed dead and two people wounded near Woolwich barracks in London Wednesday, May, 22, 2013. Scotland Yard said officers responded to reports of an as ...

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Update
1

1 hour ago

Hong Kong shares close down 2.54%

Source: NEWS.com.au  |   May 23 2013, 3:57am CDT

HONG Kong shares have closed down 2.54 per cent after weak Chinese data and signs the US Federal Reserve could soon start tapering off stimulus measures. The benchmark Hang Seng Index on Thursday lost 591 ...

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