FedEx Corp. is planning on moving its Asia-Pacific regional headquarters to Singapore from Hong Kong — another blow to the city’s image as an international business hub.
End ‘megaphone diplomacy’ between UK and Hong Kong, says top British diplomat
Consul general calls for ‘constructive engagement’ with territory as China’s Han Zheng confirms he will attend king’s coronation ...
Hong Kong homebuyers ignore rising interest rates as they snap up flats at Sun Hung Kai Properties’ University Hill project in Tai Po
Hong Kong’s biggest developer sold out all 191 units available by 5.30pm, suggesting that homebuyers have shrugged off rising mortgage loan costs, according to agents. “The market expects this to be ...
Alibaba Spin-Off IPO In The US As Mainland Returns From Vacation
Asian investors cheered the potential Fed pause as the Asia Dollar Index gained +0.23% versus the US dollar, while Japan, Malaysia, and Thailand were on holiday.
International Healthcare Week returns to showcase Hong Kong’s strengths in healthcare innovation and investment
The Business of Healthcare Advisory Zone will feature biotechnology and healthcare start-ups. Investors and industry experts ... organised by the HKTDC and co-organised by the Hong Kong Medical and ...
Hong Kong watchdog warns of potential conflict of interest between developers and management firms in private housing properties
The council study looked into the complicated legal regime governing Hong Kong's property management, a HK$55 billion market that affected about 1.6 million people living in privately owned ...
Hong Kong follows Fed rate hike, banking liquidity at fresh 2008 lows
HSBC said it would raise its best lending rate in Hong Kong by 12.5 basis points to 5.75%. Bank of China Hong Kong and Standard Chartered also lift their rates by 12.5 basis points. "Amid an uncertain ...
Hong Kong stocks jump from 1-week low as Fed hints at rate pause while mainland markets reopen to strong holiday data
Stocks climb from a one-week low as Hong Kong property developers advance on possible end to higher borrowing costs. Markets in the mainland strengthen as trading resumes after a three-day break.
HKMA buys HK$4.7 billion from market as currency hits weak end of trading band
Hong Kong's de-facto central bank bought HK$4.671 billion ($595.12 million) from the market in New York trading hours to stop the local currency weakening and breaking its peg to the U.S. dollar. The ...
Hong Kong March retail sales jump 40.9% in fourth month of growth
Hong Kong's March retail sales rose 40.9% from a year earlier, the second biggest percentage rise on record, as consumer and visitor spending continued to improve, though the low base of comparison ...
DPC Dash Accelerates China Expansion After Successful Hong Kong IPO, Adding Three New Cities in a Day
Domino's Pizza's exclusive master franchisee in the China Mainland, the Hong Kong Special Administrative Region of China, and the Macau Special Administrative Region of China, is speeding its China ...
BOCHK To Raise HKD Prime Rate to 5.75%
BOC HONG KONG (02388.HK) announced that it will move up the HKD Prime Rate from 5.625% to 5.75% p.a., and the HKD Savings Deposit Rates from 0.625% to 0.75% p.a., with effect from next Monday (8th).
Hong Kong raises base rate to fresh 15-year high while Federal Reserve signals a pause to aggressive US policy tightening
The HKMA raised its key rate to a 15-year high, in what could be the last hike in 2023; it also intervened in the currency market to defend the Hong Kong dollar Analysts surveyed by the Post were ...
HSBC to Raise Hong Kong Best Lending Rate to 5.75%
HSBC will raise its Hong Kong dollar best lending rate from 5.625% to 5.75% with effect from Friday, the bank said in a statement on Thursday, following the territory's central bank hiking its base ...