Hong Kong

Hong Kong mother and two children dead in suspected murder-suicide

Hong Kong mother and two children dead in suspected murder-suicideHong Kong - A woman and her two children were found dead in a suspected murder-suicide, Hong Kong police said Friday.

The 42-year-old woman had a rope around her neck while her daughter, 13, and son, 17, showed signs of strangulation.

Police said the woman had been receiving treatment for mental illness and had only just been released from hospital where she was treated for depression.

The three bodies were discovered Thursday by the sister of the dead woman who had gone to their 14th-floor apartment to deliver food.

Stockbroker jailed for 90 million US dollar fraud in Hong Kong

Stockbroker jailed for 90 million US dollar fraud in Hong KongHong Kong  - An expatriate stockbroker was Thursday beginning a three-year jail term in Hong Kong after being convicted of laundering almost 90 million US dollars from a global fraud.

Jerome Herzberg, 38, was arrested in June last year as he tried to process money received from so-called "boiler-room" frauds through four different Hong Kong accounts.

Hertzberg, a British national, was convicted of laundering 87 million US dollars generated from the fraud which claimed around 30,000 victims worldwide.

Hong Kong shares rise another 2.6 per cent in early trading

Hong Kong shares rise another 2.6 per cent in early trading

Job creation in Hong Kong dips to a 30-month low as recession bites

Hong Kong - Job creation in Hong Kong has fallen to its lowest level in 30 months as the global financial crisis takes its toll, according to a survey published Wednesday.

The number of jobs created by the average company in the wealthy city of 6.9 million during the third quarter of 2008 was 0.51, lower than for the previous quarter and the same period in 2007.

Announcing the survey findings, the Institute of Human Resource Management said it expected job creation in Hong Kong to worsen with further decreases in 2009.

The institute, which calculated job creation rates by the number of news jobs minus jobs cut in around 1,000 Hong Kong companies, said the third quarter rate was the lowest since early 2006.

Hong Kong peeping Tom who fell 10 floors spared jail

Hong Kong peeping Tom who fell 10 floors spared jailHong Kong  - A peeping Tom who fell 10 floors from the window ledge of a high-rise apartment block while filming a woman in a shower has been spared a jail term, a news report said Wednesday.

Fong Chi-hung, 44, appeared in court heavily bandaged, in a wheelchair and wearing a neck brace Tuesday, five months after being critically injured in the fall, the South China Morning Post reported.

He had been perched on a window ledge and was using his mobile phone to film the 28-year-old woman when she spotted him and shouted for her husband.

Hong Kong markets rise 2.5 per cent in early trading

Hong Kong markets rise 2.5 per cent in early trading

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