Robert Kuok News
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HSBC Holdings Plc and Standard Chartered Plc raised Hong Kong mortgage rates for the first time since 2011, after the banking regulator tightened risk rules on concern a property bubble may undermine financial stability.
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Kerry Properties Ltd., the developer controlled by Malaysian billionaire Robert Kuok, paid HK$11.7 billion ($1.5 billion) for a residential property in Hong Kong.
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When billionaire Robert Kuok introduced a luxury hotel brand in 1971, he named it Shangri-La, after the fictional utopia in which inhabitants enjoy unheard-of longevity.
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SCMP Group Ltd., the newspaper company that surged yesterday on buyout speculation, plunged the most in more than a year after saying it was in talks to make an acquisition itself.
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SCMP Group Ltd., publisher of the South China Morning Post, said it was in talks to buy “a group of media companies” in Hong Kong after its shares surged the most in more than 15 years.
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Hong Kong stocks dropped after property developers fell amid concern China may introduce more policies to cool the market and as casino operators retreated.
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SCMP Group Ltd., the publisher of the South China Morning Post, halted its stock from trading in Hong Kong after it jumped the most in more than 15 years.
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People streamed into the central square in Celendin, a small city in the Peruvian Andes, the morning of July 3, 2012. They were protesting the government’s support for Newmont Mining Corp.’s plan to take control of four lakes to make way for a new gold and copper mine. By midday, there were 3,000.
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Hong Kong stocks declined, with the Hang Seng Index falling for the first time in four days, as Chinese property developers and retailers declined.
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Singapore said its former foreign minister’s role as an adviser to the Hong Kong government on economic development is not a conflict of interest.
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