SINGAPORE: Singapore may be the setting of the movie Crazy Rich Asians, but the Asian city that has overtaken New York as the city with the largest population of the “ultra-rich” is Hong Kong. A resea... ( read original story ...)
In Hong Kong, an early warning sign for the world’s priciest homes is flashing sell
Losses in the Hang Seng Properties Index on Thursday left the gauge of Hong Kong real estate stocks trading as much as 20 percent below its peak in January. Declines of that magnitude from major highs ... ( read original story ...)
Hong Kong’s Economy Gets Stuck Between U.S.-China Trade War
Hong Kong has long marketed itself as the gateway into China for foreign businesses, especially the U.S. With a trade war now raging between the world’s two largest economies, that’s precisely the pro... ( read original story ...)
Sleeping SAA passengers targeted by Hong Kong crime syndicate during flights
Johannesburg - The notorious Hong Kong in-flight “organised criminals”, who apparently rob sleeping passengers, are believed to have been behind thefts allegedly perpetrated aboard an SAA flight this ... ( read original story ...)
Give Hong Kong chief executive power to grant workers post-typhoon day off, lawmakers urge
Hong Kong’s two rival political camps put aside their differences on Thursday to lobby the government for a law empowering the city’s leader to give workers the day off after extreme weather such as r... ( read original story ...)
China’s troubles push Hong Kong stocks into a bear market
Hong Kong's stock market is caught in a perfect storm. Fears about the trade war, emerging markets, China's slowing economy, and individual stocks pushed the city's benchmark Hang Seng Index (HSI ... ( read original story ...)
Hang Seng suffer fresh sharp losses
HONG KONG: Fears about an extended series of interest rate hikes by the Federal Reserve helped push Hong Kong stocks sharply lower on Thursday, in line with an Asia-wide sell-off. The Hang Seng Index ... ( read original story ...)
Hong Kong shares end lower after banks lift benchmark rates
Hong Kong commercial banks raised their benchmark ... The top gainer on Hang Seng was Hang Seng Bank Ltd, up 2.11 percent, while the biggest loser was Galaxy Entertainment Group Ltd, which was ... ( read original story ...)
Hong Kong stocks, currency slide on growing pessimism over economy
Hong Kong stocks declined across the board on Thursday because ... a strategist at First Shanghai Securities The Hang Seng Index fell 1.3 per cent or 363.93 points at 26,727.32, dropping for a third s... ( read original story ...)
Hong Kong research warns of sunscreen health risks
Hong Kong (AFP) - New research in Hong Kong has found that UV filters commonly used in sunscreen are polluting surrounding waters and could endanger human health, one of the city's leading ... ( read original story ...)
Hong Kong’s Dollar Could Get All Shook Up as Cash Pool Shrinks
Prepare for even greater swings in the Hong Kong dollar and funding costs in the city, as a shrinking pool of liquidity amplifies moves in interest rates. Hong Kong’s one-week interbank borrowing cost ... ( read original story ...)
Online scammers bet it pays to be a Hong Kong politician as more fake Facebook profiles uncovered impersonating high-profile names
Hong Kong politicians are seemingly in high demand, at least among online scammers. The city’s former commerce minister Greg So Kam-leung has joined ex-lawmaker James Tien Pei-chun by becoming the sec... ( read original story ...)
Hong Kong stocks slip as local banks up rates after Fed move
HSBC's unit Hang Seng Bank and rival Standard Chartered lifted their respective reference lending rates also 0.125 percentage points. All three banks also increased deposit rates on Hong Kong ... ( read original story ...)
Trump’s Trade War With China Just Sent Hong Kong Into a Bear Market
The Hang Seng Index, the barometer for the Hong Kong stock market, peaked at an all-time high of ... In late 2017, former China Central Bank Governor Zhou Xiaochuan warned that China may risk a "Minsk... ( read original story ...)