Bangladesh Bank rejects City request to set up subsidiary in HK

DHAKA: Bangladesh Bank has declined to give City Bank the permission to set up a subsidiary company in Hong Kong given the declining imports from the Asian nation. The private bank in its application in October last year said it would provide trade ... ( read original story ...)

Hong Kong-listed China shares hit two-year high, led by banks

Hong Kong & China Ga (HOKCF) is on trader's radar as the shares ... indicator used to describe if a market is trending or not trending. China's central bank on Saturday cut the amount of cash that some banks must hold as reserves for the first time since ... ( read original story ...)

World Bank raises Asia growth forecast, warns of NKorea risk

HONG KONG (AP) — The World Bank raised its growth forecast for the developing economies of East Asia and the Pacific on Wednesday but warned that risks included rising protectionism and escalating tensions over North Korea. In an update to its annual ... ( read original story ...)

Fraudulent website related to Hang Seng Bank, Limited

The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Hang Seng Bank, Limited on a fraudulent website, which has been reported to the HKMA. Hyperlink to the press release is available on the HKMA website ... ( read original story ...)

Hong Kong stocks surge as banks, insurers lead

HONG KONG, Oct 4 (Reuters) - Hong Kong stocks rose on Wednesday, extending gains made in the previous trading session, with Chinese banks and insurers leading the surge after China’s central bank cut reserve ratios over the weekend. The blue chip Hang ... ( read original story ...)

Hong Kong shares rise, Japan falls in quiet Asian trading

HONG KONG — Asian shares were mixed in holiday-thinned trading on Wednesday as investors brushed off Wall Street's latest advance into record territory. KEEPING SCORE: Japan's benchmark Nikkei 225 index gave up early gains, slipping 0.1 per cent to ... ( read original story ...)

ASIA MARKETS: Hong Kong Stocks Flirt With 10-year High

amid big gains in Chinese property developers and index heavyweight (0700.HK) The internet giant rose another 0.8% in early action, hitting fresh record highs. It has surged 85% in 2017. Hong Kong markets will be closed Thursday, while there is no trading ... ( read original story ...)

Why You Need To Be Careful About Buying Property Sight Unseen

According to the Real Estate Institute of Australia, selling real estate sight unseen is becoming more popular with international buyers keen to snap up property here A Hong Kong buyer recently purchased a home on Sydney's North Shore for $3.65million ... ( read original story ...)

Hong Kong | Apartment sets Asia price record amid gov’t curbs

A luxury home in Hong Kong set a price record for apartment sales in Asia, even as the government seeks to tame property prices in the world’s least affordable market. The penthouse duplex unit in Henderson Land Development Co.’s 39 Conduit Road ... ( read original story ...)

Hong Kong stocks flirt with 10-year high

amid big gains in Chinese property developers and index heavyweight 0700, +0.63% The internet giant rose another 0.8% in early action, hitting fresh record highs. It has surged 85% in 2017. Hong Kong markets will be closed Thursday, while there is no ... ( read original story ...)