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Category: NEWS

Posted on 19/12/2024

Hong Kong central bank cuts interest rate, tracking Fed move

The Hong Kong Monetary Authority (HKMA) on Thursday cut its base interest rate charged via the overnight discount window by 25 basis points to 4.75%, tracking a move by the U.S. Federal Reserve.

Posted on 18/12/2024

Hong Kong’s New World asks banks to extend loan due dates, Bloomberg News reports

Hong Kong property developer New World Development is in talks with banks to extend the due dates of some bilateral loans, Bloomberg News reported on Wednesday, citing people familiar with the matter.

Posted on 18/12/2024

Hong Kong approves four more cryptocurrency exchanges

Hong Kong's securities regulator on Wednesday approved four cryptocurrency exchanges in the city's latest effort to stay competitive in a race to become a global centre for digital asset trading.

Posted on 18/12/2024

Gotta catch ’em all: Hong Kong targets ‘unfair’ claw machines

In Hong Kong, claw machine operators do not need a license to set up shop. In the case of the man who bided for the waffle maker, he had used a claw machine that promised "instant prizes" - the waffle ...

Posted on 18/12/2024

Hong Kong records first rise in new listings since 2020, as Beijing’s policy pivot refuels optimism

Beijing's stimulus package has refueled companies' interest in raising capital in Hong Kong and lured back some foreign capital funds, experts said.

Posted on 18/12/2024

The Hong Kong crossover stars who played movie villains, then nice-guy roles in TV shows

Hollywood actors like Harrison Ford have been hailed for making the move to small-screen roles, but in Hong Kong this is nothing new.

Posted on 18/12/2024

Hong Kong’s Kai Tak Sports Park holds counterterrorism drill with 400 officers

Prevention is very important,’ says Peter Leung of Interdepartmental Counterterrorism Unit on simulated attack at 5,000-seat sports ground.

Posted on 17/12/2024

Hong Kong’s Sept-Nov unemployment holds steady at 3.1%

Hong Kong's seasonally adjusted unemployment rate held steady at 3.1% in the September-November period versus the prior three-month period, the government said on Tuesday.

Posted on 17/12/2024

Lawyers group has ‘frank’ talk with Beijing about Hong Kong post-Article 23

Bar Association speaks with officials from Hong Kong and Macau Affairs Office about areas of concern among general public, legal sector.

Posted on 17/12/2024

Worker found dead on roof of Hong Kong building after falling during paint job

Labour Department has launched investigation into industrial accident, while concern group calls the incident ‘unacceptable’.

Posted on 17/12/2024

Actress Lin Min Chen criticized by Hong Kong filmmaker Wong Jing for missing film premiere

Malaysian actress Lin Min Chen is facing criticism from filmmaker Wong Jing after failing to attend the premiere of the movie “Haunting Call.” ...

Posted on 17/12/2024

How a couple used Covid downtime abroad to find a designer for their new Hong Kong home

The pandemic stalled the Maheshwaris' renovation plans for their Hong Kong apartment - but Priyanka's time in her birth city of Mumbai, India, led her to reD Architects It's a Covid story with a ...

Posted on 17/12/2024

Hong Kong mustn’t rush to establish a third medical school

Readers discuss the risks of starting another medical school, officials' job performance, the quality of life in the city, and esteem for Jesus Christ Feel strongly about these letters, or any other ...

Posted on 17/12/2024

Hong Kong hero Tsui Wang-kit wants to give lowly Guam proper respect in crunch EAFF clash

Defender backs switch to Hong Kong Stadium for critical encounter because ‘quality pitch makes it easier to play’.

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