Compromise over HK terminal HONG KONG (Bloomberg) -- Britain and China ended a four-year dispute over expanding the territory's port with a face-saving
Created: Sep 21, 1996 11:00 AM
Under the agreement, Bermuda-based Jardine Matheson Holdings Ltd. will swap its stake in the new Container Terminal 9 for berths at an older terminal. In return, Beijing will allow the construction of CT9 to proceed. China has blocked CT9 since 1992.
BANK BOOSTS BSX STK Bank boosts BSX The Bermuda Stock Exchange finished the week on a high note with an 11 point gain, closing at 967.90.
Bank of Bermuda closed up 50 cents at $18 on volume of 1,908, offsetting a drop by Bermuda Home of $1.375, or 15 percent, to close at $7.875 on volume of 983.
