Business Maverick: Hong Kong exchange chief warns of economic ‘devastation’ from protests

* Unrest pushed HK into recession for first time in a decadeBy Jennifer Hughes and Anne Marie Roantree

HKEX itself posted its steepest profit slide in nearly three years in the third quarter, as investor sentiment was hit by months of unrest that pushed the city into recession for the first time in a decade. Beijing denies interference in the former British colony and blames the West for fomenting the unrest.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BUSINESS MAVERICK: OP-ED: The rapidly changing face of Japan IncThe recent escape from Japan of former Nissan CEO Carlos Ghosn and the change in corporate culture of established Japanese conglomerates has resulted in the country’s reputation being called into question.
Source: dailymaverick - 🏆 3. / 84 Read more »

MZIMKULU MALUNGA: Godfather of black business Richard Maponya excelled as an economic activistAfrican Bank founder, who died on Monday, urged black people to work together to achieve more
Source: BDliveSA - 🏆 12. / 63 Read more »

BUSINESS MAVERICK: Anglo American bids for – wait for it – a UK fertiliser mine projectLike virtually all UK-listed mining companies, Anglo American is there to extract capital in London, not raw commodities from the English countryside. That may soon change if it is successful in its bid for cash-strapped Sirius Minerals, which has been developing a mine fertiliser project in North Yorkshire.
Source: dailymaverick - 🏆 3. / 84 Read more »