Hong Kong’s Currency Defense Kills Fixed-Rate Mortgage Market

Hong Kong’s banks, blindsided by rising funding costs due to the city’s costly defense of its currency peg, are clamping down on popular fixed-rate mortgages. These loans were provided at 1.68 percent for the first year of a new mortgage, lower than ... ( read original story ...)

Hong Kong HR talent search targets B.C.

That’s the case for Hong Kong. The Chinese special administrative region recently made its pitch in the Lower Mainland, touting its newly upgraded admissions scheme for second-generation Canadians with Hong Kong roots to try to deepen the two cities ... ( read original story ...)

Why Hong Kong-style fake news is the real deal

Love it or hate it, the expression “fake news” will probably come to define the age of unprecedented change we find ourselves slap bang in the middle of. I’ve never really understood what it means, in my book it’s either news or it’s not. ( read original story ...)

Hong Kong Gets Prominent Back-Seat Driver in Dollar Peg Defense

Few managers appreciate having their predecessor chime in with tips on how to do their job. In the case of the Hong Kong Monetary Authority, it’s the agency’s most famous former boss. The city’s de facto central bank said in a statement Tuesday there ... ( read original story ...)