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Posted on 19/09/2024

HSBC cuts key rate in Hong Kong for the first time since 2019

HSBC Holdings cut its key benchmark rate in Hong Kong for the first time since 2019, a move likely to hit margins while bringing relief to homeowners and borrowers in the Asian financial hub. Read ...

Posted on 19/09/2024

Music and mutual aid help people from ethnic minorities in Hong Kong feel at home

Children learning Cantonese by singing, and a pop-up market for small-business owners, help integrate members of Hong Kong ethnic minorities On a balmy Sunday afternoon earlier this September, owners ...

Posted on 19/09/2024

RedBox Storage Unveils State-of-the-Art Facility in Sai Wan, Hong Kong

RedBox Storage, a leader in innovative self-storage solutions, proudly announces the grand opening of its latest facility in Sai Wan, Hong Kong. This new location is designed to enhance customer ...

Posted on 19/09/2024

AIA Hong Kong Proudly Partners with Coldplay for the Music Of The Spheres World Tour

HONG KONG SAR - Media OutReach Newswire - 19 September 2024 - AIA is excited to announce its partnership with Coldplay for the highly anticipated Music Of The Spheres World ...

Posted on 19/09/2024

Hong Kong probe finds Cathay Airbus defect could cause ‘extensive’ damage

An engine defect in the Airbus A350 plane that led to the cancellation of dozens of Cathay Pacific flights in early September could have escalated into "extensive damage", according to the results of ...

Posted on 19/09/2024

Borrowers urged to be cautious despite rate cut

The Acting Chief Executive of the Hong Kong Monetary Authority (HKMA), Howard Lee, on Thursday urged people to remain cautious when it comes to applying for mortgages or making borrowing decisions, ...

Posted on 19/09/2024

Hong Kong banks cut prime rates by a quarter point in first drop in funds cost in 5 years

HSBC and Bank of China (Hong Kong) trimmed their prime lending rates by a quarter percentage point, leading the first rate cut among Hong Kong lenders since 2019.

Posted on 19/09/2024

Hong Kong’s financial officials warn borrowers to brace for a delay in the cost of funding

The pace of cuts in the prime rate used by commercial banks “may be slower” than those in the United States, warned the Financial Secretary Paul Chan.

Posted on 19/09/2024

Hong Kong probe reveals Cathay Airbus engine failure due to ruptured fuel hose

A probe by Hong Kong's aviation accident investigation agency revealed Cathay Pacific's Airbus A350 engine failed in-flight due to a damaged fuel hose which also showed signs of a fire, the agency's ...

Posted on 19/09/2024

Hong Kong stocks waver as traders weigh prospect of more Fed easing

Hong Kong stocks fluctuated between gains and losses after the Fed hinted it was in no hurry to engage in more aggressive policy easing.

Posted on 19/09/2024

What will drive Hong Kong’s insurance market to reach $127b in 2032?

Chronic diseases and ageing population are driving the demand for life insurance. The Hong Kong insurance market was valued at $72.31b in 2023 and is projected to grow to $127.02b by 2032, with a ...

Posted on 19/09/2024

2 cases have put mental health in focus so how does Hong Kong handle psychiatric patients?

A Hong Kong police officer fatally shot a knife-wielding man on Sunday when he allegedly ignored repeated warnings after attacking his wife and mother in North Point. It was later revealed the man had ...

Posted on 19/09/2024

Hong Kong Bourse May See Profit Taking On Thursday

Ahead of Wednesday's holiday for the Mid-Autumn Festival, the Hong Kong stock market had moved higher in four straight sessions, ...

Posted on 19/09/2024

Maggie Cheung turns 60: from beauty queen, Hong Kong film icon and global stardom to DJing with Aaron Kwok and Nicholas Tse at a recent Gucci party

Her last major roles were 20 years ago – since then, she’s been busy with her music and philanthropic work, and was named Unicef ambassador to China One of the most renowned names in Hong Kong cinema, ...

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