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British and Hong Kong leaders said Monday they will team up to develop London into an international trading center for China's currency.

Hong Kong has become the first Asian finance center to top an annual survey of global financial development, overtaking the United States and U.K.

A prominent Hong Kong business family has set up a think tank to look at global economic issues in the latest attempt at developing a world class research institute in Asia that can compete with those in North America or Europe

China has announced plans to bolster Hong Kong's role as a leading off-shore trading hub for the yuan.

Hong Kong's economy bounced back strongly last year thanks to strong growth in mainland China and the rest of Asia, the city's finance chief said Wednesday while warning that rising inflation and property prices could undermine the recovery.

Canadian fighter jets escorted a Cathay Pacific airliner coming from Hong Kong to a safe landing in Vancouver International Airport on Saturday following a bomb threat, officials said.

Google, which first signaled its intention to halt censoring its Chinese search results in January, has followed through on the threat.

Google.cn now redirects to Google.com.hk in Hong Kong, where results are uncensored.

An ex-Morgan Stanley banker was sentenced Friday to seven years in prison in Hong Kong's biggest insider trading case.

Bank of East Asia aims for Shanghai listing by second half of 2010.