But middle and back-office recruitment is expected to focus on replacing existing roles. Hong Kong’s banking sector front-office professionals moving to new employers can expect salary increases of 15 ...
Hong Kong Builder New World Asks Banks to Extend Loans
Hong Kong property firm New World Development Co. is in talks with banks to extend the due dates of some bilateral loans, said people familiar with the matter.
Hong Kong shares fall after Fed signals slower easing next year
Hong Kong stocks fell following the US Federal Reserve’s unexpected hawkish forecast for interest rate cuts next year. The Hang Seng Index declined 1 per cent to 19,666.12 at the noon break on ...
Hong Kong banks cut lending rates even as HKMA warns of volatility ahead
Hong Kong's six biggest lenders lowered their prime lending rates for a third time this year, trimming borrowing costs to the lowest level in more than two years. HSBC and subsidiary Hang Seng Bank ...
Hong Kong Seeks to Ease IPO Requirements to Regain Luster
Hong Kong’s stock exchange is seeking to relax some requirements for initial public offerings, at a time when the city is trying to revamp its stock market after a challenging environment for Chinese ...
Hong Kong arrests 25 people, identifies 14 ‘unscrupulous’ agencies amid university admissions fraud crackdown
The 25 arrests were made over the past three years. Eight have been charged - with three convicted - while the rest are still under investigation.
BOC HONG KONG: US Inflation to Slow Down; US Bond Rates Expected to Rebound in Stages
The US Fed announced the results of its monetary policy meeting on Wednesday (19th), cutting interest rates by 0.25% as expected, but the future rate cut pace is slower than the market consensus. The ...
Hong Kong IPO: actor Roger Kwok’s Herbs Generation jumps 25% on debut
The healthcare company’s shares were oversubscribed 6,083 times as its shares were priced at the low end of its range at HK$3.75.
Hong Kong central bank cuts interest rate, tracking US Fed move
THE Hong Kong Monetary Authority (HKMA) on Thursday (Dec 19) cut its base interest rate charged via the overnight discount window by 25 basis points to 4.75 per cent, tracking a move by the US Federal ...
Hong Kong central bank cuts interest rate tracking Fed move, banks follow
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. Major ...
Best things to see and do in Hong Kong: A must-visit destination for 2025
Anyone who’s anyone knows that 2025 is the year of the Hong Kong sojourn. Whether you’re looking for a destination that boasts it all, or you’re keen to break up your long-haul adventure by having a holiday within a holiday,
Hong Kong could try an evolved approach to workfare, like Singapore
Readers discuss unemployment support, the call for 'integration', and the current sad state of the Airport Express Feel strongly about these letters, or any other aspects of the news? Share your views by emailing us your Letter to the Editor at letters@scmp.
HSBC to cut best lending rate in Hong Kong by 12.5 bps to 5.25%
HSBC Holdings said on Thursday it will cut its best lending rate in Hong Kong by 12.5 basis points to 5.25% from 5.375%, effective Dec. 20. That followed a 25 basis points cut in the base rate charged ...
Hong Kong demand for flexible office space grows as market in Singapore slumps: report
Bengaluru and Makati are the hottest spots as demand surged by 107 and 47 per cent, respectively, according to a study.