HONG KONG Hong Kong's latest attempt at cooling home prices in one of the world's most expensive property markets is expected to send buyers scouring for loans in the unregulated shadow banking industry, spreading risk across the financial sector. ( read original story ...)
Hong Kong should batten down the hatches for another round of political battles
Then, at the weekend, he took out a stick. Earlier, Zhang told a delegation of senior Hong Kong business representatives in Beijing that the “key mission” of the incoming administration of Carrie Lam Cheng Yuet-ngor was to focus on improving people’s ... ( read original story ...)
‘Out of context’: Muslim group in Hong Kong condemns UK far-right party for sharing MTR brawl video
A Muslim organisation based in Hong Kong has condemned a British far-right group for sharing a video of a brawl on a train in the city as part of its anti-immigrant “propaganda” ahead of the UK election on June 8. The Muslim Council of Hong Kong has ... ( read original story ...)
Couple successfully circle Hong Kong Island coastline, putting its polluted areas on the map
Paul Niel and Esther Röling emerged wet, exhausted, but elated when they arrived at Siu Sai Wan, Chai Wan on Sunday evening after a groundbreaking journey around Hong Kong Island. The couple successfully completed a round-the-island expedition in which ... ( read original story ...)
Tips on what to do at Singapore, Bangkok or Hong Kong airport on a layover
SkyMart in Terminal 1 has the usual swank array of luxury brands such as Prada, Jimmy Choo, Burberry and an outlet for Hong Kong's very own Shanghai Tang ... along Des Voeux Road until you get to the Hang Seng Bank, take the Mid-Levels escalator up ... ( read original story ...)
Asian shares mixed as oil’s fall counters Wall St gains
Hong Kong's Hang Seng dipped less than 0.1 percent to 25,619.42 and the Shanghai Composite index in mainland China climbed 0.3 percent higher to 3,117.47. Australia's S&P/ASX 200 lost 0.8 percent to 5,7474.80. Taiwan's benchmark fell and indexes in ... ( read original story ...)
Asia Jumps Amid Trade Talk, N. Korea Nukes
The Nikkei 225 deducted 14.05 points, or 0.1% to 19,869.85 Hong Kong’s Hang Seng Index gained 215.25 points, or 0.9%, to 25,371.59 Japanese conglomerate Toshiba reported a 950-billion-yen net loss for the last financial year. The results were not audited. ( read original story ...)
Sensex, Nifty trade flat; Asian Paints top loser post Q4 earnings
Asian shares inched up Friday with the Shanghai Composite trading up 11 points and Hang Seng index trading 15 points higher ... Macy's fell over 17 per cent. Bank of England holds key interest rates. Crude logs strong gains. ( read original story ...)
What Are Stocks Around The World Suggesting?
Hong Kong on the other hand is making an attempt to resolve this ... FTSE100, Shanghai Composite, Hang Seng, DAX, TSX, Bovespa and ASX200). I see a breakout to new all-time highs and still holding. If this is the case, it’s awfully difficult to be ... ( read original story ...)
Asia Shares at near Two-Year Peaks
Hang Seng. H S I of Hong Kong went north by 0.8 percent to reach peak level since ... Daisuke Uno of Sumitomo Mitsui Bank said that there have been a considerable change of views. In the past, Uno said, traders and analysts believed that any slowdown ... ( read original story ...)
More records, barely, as stocks rise for 7th day
Hong Kong's Hang Seng was nearly unchanged. AP Markets Writer Marley Jay contributed to this story. He can be reached at http://twitter.com/MarleyJayAP His work can be found at https://apnews.com/search/marley%20jay ( read original story ...)
Asian shares mostly lower on Trump, Brazil worries
South Korea’s Kospi was little changed at 2,287.30. Hong Kong’s Hang Seng was virtually unchanged at 25,131.74. The Shanghai Composite slipped nearly 0.1 percent to 3,087.38. BRAZIL FACTOR: Markets are also being shaken by a deepening political crisis ... ( read original story ...)
Hong Kong’s Uber arrests show the city’s talk of innovation cowers before a monopoly
Uber Hong Kong, founded in mid-2014, has so far served one million passengers in the city using more than 30,000 drivers, with 80 per cent of them working as part-timers. It certainly represents a proven and commercialised business suitable for Hong Kong. ( read original story ...)
UPDATE 1-Major Hong Kong banks raise mortgage rates following HKMA measures
HONG KONG May 27 Some of Hong Kong's largest commercial banks in the mortgage loans market said they would raise interest rates following the latest round of mortgage tightening measures by the city's de facto central bank. Banks have to set aside more ... ( read original story ...)