Victor Fung, chairman of Li & Fung Ltd., said increasing orders from American customers indicate that there is only a small risk of the U.S. economy slipping into recession, Finanz und Wirtschaft reported.
The following companies may have unusual price changes in Asian trading tomorrow. Stock symbols are in parentheses and share prices are as of the latest close. The information in each item was released after markets shut unless stated otherwise.
Russia and the U.S. have the most protectionist trade measures among the Group of 20 leading industrialized countries, according annual rankings released today in Hong Kong by the International Chamber of Commerce .
Two former employees of Federal Express (Hong Kong) Ltd. were sentenced at the Hong Kong District Court for using false documents to deceive the company out of courier fees totaling more than HK$470,000 ($60,458), the city’s anti-graft agency said.