Broad selling on concerns about the Federal Reserve’s relentless campaign to fight inflation and growing US-China tensions sent Hong Kong stocks tumbling to decade lows. Most Read from BloombergPutin ... ( read original story ...)
Hong Kong finance chief says no risk of sharp changes to property prices
Hong Kong Finance Secretary Paul Chan said on Thursday he does not see a sharp risk to the city's property market after the financial centre's de facto central bank raised interest rates in lockstep ... ( read original story ...)
From coloured gemstones to rare diamonds: Jewellery fair to unveil latest trends and showcase 1,000 exhibitors
In celebrating 'collaboration and creativity', Jewellery & Gem World Singapore will show a range of jewellery, including unique designs, everyday essentials and rare vintage pieces, from exhibitors ... ( read original story ...)
Hong Kong Bourse Has Weak Lead For Thursday’s Trade
The Hong Kong stock market saw renewed selling pressure on Wednesday, one session after ending the two-day losing streak in which it ... ( read original story ...)
Singapore’s Rising Costs of Running a Business Outpace Hong Kong
Singapore looks like an attractive location for firms wanting to exit Hong Kong, but they may find a move to the city-state hits their bottom line more than expected. ( read original story ...)
Hong Kong Lifts Benchmark Rate for Fifth Time After Fed Action
The Hong Kong Monetary Authority raised its benchmark interest rate for a fifth time, moving in lockstep with the US Federal Reserve.Most Read from BloombergPutin Calls Up More Troops, Resumes Nuclear ... ( read original story ...)
Hong Kong raises base rate by 75 basis points as slowing US inflation softens Fed’s blow
Hong Kong's base rate will rise to 3.5 per cent effective immediately, the Hong Kong Monetary Authority said All eyes are on Hong Kong's commercial lenders, as to whether they would raise their prime ... ( read original story ...)
Hong Kong Monetary Authority provides update on retail CBDC that may become DeFi onramp
Hong Kong’s equivalent to a central bank has analyzed feedback from an earlier publication creating a local central bank digital currency. ( read original story ...)
4,500 flats to go on sale at less than half market value under Hong Kong housing scheme, amid fears nano units will not sell
Chairwoman of authority's subsidised housing committee remains hopeful shoebox flats will sell, others are less optimistic Around 10 per cent of units on sale are shoebox flats, smaller than 230 sq ft ... ( read original story ...)
Hong Kong to see stronger demand for shop space under expected end of mandatory hotel quarantine, property executive says
One in nine street-level shops was vacant during a recent survey, but an end to quarantines for incoming travellers would boost retail and catering, according to a property executive. ( read original story ...)
Hong Kong plans to launch trial of e-HKD in fourth quarter
Hong Kong will start testing out a digital coin called the e-HKD from the fourth quarter, paving the way for a virtual currency the public can use in the future to shop, dine out and make money ... ( read original story ...)
Man arrested in Hong Kong after paying tribute to Queen Elizabeth II
A man who paid tribute to Queen Elizabeth II near the British Consulate in Hong Kong was arrested for alleged sedition. Police said the 43-year-old man was detained late Monday near the consulate, ... ( read original story ...)
Hong Kong’s financial system remains resilient despite challenges: chief executive
SAR) chief executive John Lee said on Wednesday that the SAR's financial system remains resilient, expressing his full confidence in the regional development of the Guangdong-Hong Kong-Macao Greater ... ( read original story ...)
Hong Kong lawmakers call on John Lee to provide roadmap to normalcy, address livelihood issues ahead of policy address
Hong Kong lawmakers have called on Chief Executive John Lee to outline a path to normalcy amid Covid-19, attract talent to the city and address long-standing livelihood issues in his first policy ... ( read original story ...)