Hong Kong Small Business Vanishes With Soaring Rent

April 2 (Bloomberg) -- Rents are climbing in neighborhoods near Hong Kong's Causeway Bay and other prime shopping districts, known for luxury stores that attract free-spending tourists from mainland China. That’s squeezing out mom-and-pop shops, congee and noodle vendors and other small businesses as developers and landlords seek to profit from the trend. Bloomberg's Brent O'Brien reports. (Source: Bloomberg)
India Budget `Well Balanced': Invesco's Sambhshivan
28:33 - March 2 -- Shekhar Sambhshivan, investment director at Invesco (Hong Kong) Ltd., talks about India's budget and investment opportunities in the country. India's Prime Minister Narendra Modi delivered a pro-growth budget for the coming year, with a wider deficit projection, in an effort to boost Asia's third-biggest economy while retaining subsidy payments for the nation’s poor. Sambhshivan speaks with Angie Lau on Bloomberg Television's "First Up."
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