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.
Hong Kong Watchdog Searches Finance Firms’ Offices in Listings Probe
Hong Kong’s securities watchdog last month searched the offices of about a dozen finance firms and individuals as part of a probe of company listings on the Nasdaq Inc. exchange, according to people ...
Hong Kong demand for flexible office space grows as market in Singapore slumps
Bengaluru and Makati are the hottest spots as demand surged by 107 and 47 per cent, respectively, according to a study Demand for flexible office space in Hong Kong grew this year as a three-year ...
Hong Kong central bank cuts interest rate, tracking Fed move
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.
Hong Kong Approves Four New Crypto Exchanges, ‘Positioning Itself As A Key Hub,’ Expert Says
Hong Kong's securities regulator has approved four new cryptocurrency exchanges, marking a significant step in the city's efforts to position itself as a digital asset hub. What Happened:The approvals ...
Hong Kong’s Family Office Evolution: Building Bridges With The Middle East Through Legacy And Innovation
“Hong Kong is already excellent at serving corporate and family wealth. When a family sets up a family office here,” Fong says, “they can easily expand their business into China or reach international ...
U.S. warns Hong Kong banks over deals with Russia
The discussions reportedly included representatives from the region's largest banks, namely HSBC, Standard Chartered, and Bank of China, one source told the publication. Nikkei noted that the meeting ...
Economic Watch: Confidence in Hong Kong builds up with record presence of multinationals, startups
Cool River Venture HK Limited, a subsidiary of Zhang Yiming, the co-founder of internet giant ByteDance, has been granted a Type 9 asset management license by the Securities and Futures Commission ...
Hong Kong’s New World asks banks to extend loan due dates, Bloomberg News reports
Hong Kong property developer New World Development is in talks with banks to extend the due dates of some bilateral loans, Bloomberg News reported on Wednesday, citing people familiar with the matter.
Hong Kong approves four more cryptocurrency exchanges
Hong Kong's securities regulator on Wednesday approved four cryptocurrency exchanges in the city's latest effort to stay competitive in a race to become a global centre for digital asset trading.