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Currency News

Hong Kong shares rise after pullback in US bond yields

25 Feb 2018 23:15Nikkei Asian Review
"I believe the Hang Seng Index will fluctuate between 30,800 points and 31,500 points in the short term, but the medium-term outlook is improving as market volatility has died down and investors have become less fearful. more

Market exchange rates in China -- Feb. 22

21 Feb 2018 20:03Xinhua
BEIJING, Feb. 22 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced Thursday by the China Foreign Exchange Trade System: Currency Unit Central parity rate in yuan ... more

Dollar limps up from three-year low after worst week in nine months

15 Feb 2018 21:12Reuters
As 10-year Treasury yields US10YT=RR edged back below the 2.9 percent mark on Friday, the dollar strengthened, with its index gaining 0.3 percent and the euro falling back below $1.25 from a three-year high EUR=. more

Hong Kong's MPF gains most in almost two years with 4.35 per cent return in ...

04 Feb 2018 22:58South China Morning Post
Hong Kong's Mandatory Provident Fund has achieved its highest monthly return in almost two years, with a 4.35 per cent gain in January. more

Market exchange rates in China -- Feb. 5

04 Feb 2018 20:15Xinhua
BEIJING, Feb. 5 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Monday by the China Foreign Exchange Trade System: Currency Unit Central parity rate in yuan ... more

Energy shares drag Hong Kong stocks off record high

16 Jan 2018 22:52Nikkei Asian Review
In mainland China, the Shanghai Composite Index was little changed by noon, while its Shenzhen counterpart fell 0.5%. The onshore-traded yuan rose 0.2% to 6.429 against the U.S. more

Hong Kong's Ferris wheel to reopen after three months' halt

11 Dec 2017 06:00Nikkei Asian Review
To win back customers, the new operator, Hong Kong's The Entertainment Corp., or TECL, will reduce the ticket price -- previously 100 Hong Kong dollars ($12.80) for a 10-15 minute ride -- to HK$20. Some observers are wondering how the company will turn ... more

'I was just lazy' admits man accused of faking concrete test reports on Hong ...

17 Nov 2017 07:30South China Morning Post
Former laboratory technician, Wong Kwok-yiu, pleaded guilty on Friday to two counts of using false instruments to produce reports on concrete cubes intended for the multibillion-dollar Hong Kong-Zhuhai-Macau bridge, between 2012 and 2015. His lawyer ... more
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