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Article: HONG KONG NEWSPAPER HIGHLIGHTS - APRIL 22, 2004.

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AsiaPulse News
Article date:
April 22, 2004
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HONG KONG, April 22 Asia Pulse - Highlights of today's newspapers:

THE STANDARD:

- The Hong Kong dollar sank to a fresh six-month closing low of 7.7997 to the US dollar in local trade yesterday - effectively ending a six-month siege by speculators who were betting they could force a revaluation of the currency and break its peg against the greenback.

- Investors dumped shares of CNOOC Ltd, China's largest offshore oil producer, after regulators said they have begun an investigation of the company thought to be linked to large deposits it made to a finance firm controlled by its parent.

- Doubts are emerging over plans by Singapore ...

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