THE Hong Kong Monetary Authority (HKMA) left the base rate it charges through the overnight discount window at 5.75 per cent on Thursday (Aug 1), after the US Federal Reserve held its rates steady.
Hong Kong young people struggle to rebuild their lives after being jailed under Beijing’s crackdown
Five years after Hong Kong's massive anti-government protests erupted, the lives of many young people who were jailed or arrested during Beijing’s political crackdown on the city's pro-democracy ...
Burnishing its economic credentials, Hong Kong appeals to more people with growing vitality
A stainless steel sculpture, situated in Hong Kong Exchange Square, depicts two men playing Chinese martial arts and presents the Chinese philosophy ...
Hong Kong shares open slightly lower after Fed meeting
The Hang Seng Index fell 16.75 points, or 0.1 percent, to open at 17,327.85 points on Thursday, following its 2 percent rise on Wednesday ahead of ...
Hong Kong keeps base rate unchanged, as US Fed paves way for a cut ‘as soon as’ September
The city's base rate remains unchanged at 5.75 per cent, according to the Hong Kong Monetary Authority Hong Kong's de facto central bank kept its base interest rate unchanged on Thursday for the ...
Hong Kong court adjourns China developer Shimao’s liquidation petition
Embattled Chinese property developer Shimao Group said on Wednesday a Hong Kong court had adjourned until Aug. 12 a liquidation hearing against the company, allowing it more time to work with creditors on a revised restructuring proposal.
Why Hong Kong’s Gen Z and millennial workers want to quit their jobs
Over 40 per cent of workers from these two generations often think about leaving their job, but 80 per cent believe financial preparedness would help them cope better, survey shows.
How to Invest in Triller Pre-IPO
However, on May 6, 2024, Triller withdrew this filing ahead of a planned merger with AGBA, a Hong Kong-based conglomerate that focuses on financial services and healthcare. This decision means Triller ...
Hong Kong economy grows by 3.3% in second quarter, but analysts caution against optimism
Financial Secretary Paul Chan Mo-po on Sunday stressed Hong Kong would cultivate new productive forces, adding that the mainland Chinese economy was providing "the most significant support" to the ...
Treasury sanctions Houthi weapons procurement newtorks in Hong Kong, Yemen
The U.S. Treasury Department on Wednesday sanctioned four companies and two individuals it said are part of Houthi weapons procurement networks in Hong Kong and Yemen.