(Bloomberg) -- Hong Kong’s beleaguered economy faces the ... Such spending would drain liquidity from the financial system, driving up borrowing costs at a time when the economy is contracting ... ( read original story ...)
A Catholic cardinal and others are arrested on Hong Kong security law
The White House and U.S. politicians join others around the world in calling for the release of a retired archbishop, singer and others in the Chinese territory. ( read original story ...)
Arrested Hong Kong cardinal a fiery critic of Beijing
Cardinal Joseph Zen, the 90-year-old Catholic cleric arrested by Hong Kong police on national security charges, has long been a fiery critic of Beijing's control of religion and political monopoly, ... ( read original story ...)
Hong Kong defends its dollar for first time since 2019
It is a move that will add pressure at a time when the city's economy is struggling. . Read more at straitstimes.com. ( read original story ...)
Two Hong Kong hotels sell for US$295 million, as cash-rich investors bet on hospitality sector rebound once borders reopen
Two hotels changed hands in deals worth more than HK$2.3 billion (US$295 million) in Hong Kong on Wednesday, as cash-rich investors swooped in to pick up assets from the city’s slumping hospitality ... ( read original story ...)
Hong Kong retail rental market to sink while Singapore’s swims thanks to quarantine-free tourist arrivals, end of Covid-19 restrictions
Hong Kong landlords will watch retail rents drop this year, while those in the Lion City will enjoy a modest increase as it lifts Covid-19 restrictions and welcomes vaccinated visitors without ... ( read original story ...)
Hong Kong Spends $202 Million to Defend Currency Peg
The Hong Kong Monetary Authority dipped into its foreign-exchange reserves for the first time in three years to shore up the local currency against a surging greenback. ( read original story ...)
Hong Kong central bank intervenes to strengthen currency for first time since 2019
We’ll send you a myFT Daily Digest email rounding up the latest Hong Kong economy news every morning. Hong Kong’s central bank has intervened to strengthen the city’s currency and defend its US dollar ... ( read original story ...)
Hong Kong’s Top Female Entrepreneurs: Henrietta Tsui-Leung
Some of Hong Kong’s most exciting start-ups are run by female entrepreneurs. Today, we speak to Henrietta Tsui-Leung, founder of Ora-Ora. ( read original story ...)
Hong Kong arrests 90-year-old cardinal on national security charge
Hong Kong's national security police on Wednesday arrested Cardinal Joseph Zen, a 90-year-old former bishop and outspoken critic of China's Communist Party, drawing concern from the Vatican and ... ( read original story ...)
Catholic cardinal, others arrested on Hong Kong security law
A 90-year-old Roman Catholic cardinal, a singer and at least two others have been arrested in Hong Kong on suspicion of colluding with foreign forces to endanger China’s national security, in an ... ( read original story ...)
Hong Kong central bank steps in to support weakening currency, in first intervention since Oct. 2020
The Hong Kong Monetary Authority (HKMA) bought HK$1.586 billion ($202 million) from the market on Thursday to stop the local currency weakening. ( read original story ...)
Hong Kong central bank steps in to support weakening currency, first intervention since Oct. 2020
bought HK$1.586 billion ($202 million) from the market on Thursday to stop the local currency weakening and breaking its peg to the U.S. dollar, the de-facto central bank's first intervention in 18 ... ( read original story ...)
Hong Kong Startup MINEO Founders Selected for 90 Day Finn Program in Helsinki
HONG KONG, May 12, 2022--(BUSINESS WIRE)--Hong Kong startup MINEO founders Dominique Moralez and Tanya Moralez are among 19 individuals selected from a worldwide search to participate in the 90 Day ... ( read original story ...)