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Markets 15 Nov 2019 | 2:11 PM

Hong Kong's cash pool tightens as Alibaba primes for US$13bil listing

HONG KONG: Alibaba Group's US$13.4bil Hong Kong listing is shrinking cash levels in the protest-wracked financial hub, with short-term borrowing costs shooting back towards a decade-high marked in July.HONG KONG: Alibaba Group's US$13.4bil Hong Kong listing is shrinking cash levels in the protest-wracked financial hub, with short-term borrowing costs shooting back towards a decade-high marked in July.

Business 27 Jul 2019 | 12:00 AM

Vodafone to create separate towers company

LONDON: Vodafone Group Plc plans to carve out its phone towers into a new business and consider an initial public offering or minority stake sale to lower debt.

Business 02 Jul 2019 | 10:04 AM

Hong Kong stocks end firmer, play catch-up with global rally

HONG Kong shares closed higher on Tuesday, as they played catch-up with a global rally seen in the previous session, when the island nation was closed for holiday, while doubts whether Washington and Beijing can pull off a trade deal capped gains.

Business 07 Jun 2019 | 12:00 AM

China issues 5G licences

HONG KONG: China approved four operating licences for 5G networks, setting the stage for the super-fast telecommunications system amid simmering tensions with the US over technology and trade.

Business 06 Jun 2019 | 9:23 AM

HK stocks edge up as hopes of Fed rate cut counter growth worries

HONG KONG stocks rose slightly on Thursday, as hopes that the U.S. central bank could cut interest rates countered persistent worries about China’s economic growth amid escalating trade tensions with the United States.