| 24 Mar 2018 06:26 | South China Morning Post |
While the Hong Kong dollar plummets to its lowest value in three decades, the government announced last month that for the 14th year straight, the city had recorded a budget surplus.
more| 23 Mar 2018 02:52 | Bloomberg |
The Hong Kong Monetary Authority is on the verge of mopping up local dollars for the first time since a trading band was introduced in May 2005, as the currency slides toward HK$7.85 per greenback.
more| 21 Mar 2018 18:38 | South China Morning Post |
Commercial banks including HSBC, Standard Chartered, Hang Seng Bank, Bank of East Asia and Bank of China (Hong Kong) said they have no immediate plan to raise their prime lending rates, which affect personal and corporate loans.
more| 19 Mar 2018 23:00 | Financial Times |
Jay Powell's first meeting as Federal Reserve chairman this week will have a global audience, but arguably nowhere will it be more keenly watched than in Hong Kong. Rising US interest rates have pushed the gap with equivalent rates in Hong Kong to ...
moreHONG KONG, March 19 (Reuters) - The Hong Kong dollar fell to a new 33-year low on Monday, inching closer to the lower end of the monetary authority's targeted trading band, as the interest rate gap between U.S.
more| 25 Feb 2018 23:37 | Nikkei Asian Review |
HONG KONG (Feb 26) -- Hong Kong shares headed higher on Monday after stocks on Wall Street rose on Friday amid easing U.S.
more| 25 Feb 2018 16:33 | Bloomberg |
Shares from Sydney to Hong Kong advanced and U.S. stock futures edged higher. Powell will speak before the House Financial Services Committee on Tuesday and the Senate Banking Committee two days later to give his Humphrey-Hawkins testimony.
more| 21 Feb 2018 06:22 | Lexology |
The defendant's account with the bank was a single integrated account but divided into Hong Kong dollar and US dollar sub-accounts.
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