Rate Hikes for Hong Kong Borrowers a `Matter of Time’ After Fed

A dose of reality may be on the way for Hong Kong, even as it breezes through the U.S. Federal Reserve’s latest rate hike. Because its currency is pegged to the dollar, the Asian financial hub effectively imports U.S. monetary policy and adjusts …
( read original story …)


Related Post

Hong Kong’s money rate soars to decade high before...
views 14
Commercial banks have so far left their prime rate...
Your Tuesday News Briefing: Rod Rosenstein, the U....
views 17
The deputy attorney general will meet with Preside...
Asia and Australia Edition: Your Tuesday News Brie...
views 18
This Insane Card Offers 0% Interest Until Nearly 2...
Hong Kong: HANG SENG INDEX (.HSI) US imposed fresh...
views 19
The Hang Seng Index was up 2.4 percent last week w...
Why Legacy Companies Must Reinvent—or Die
views 21
Kevin Sneader is the managing director of McKinsey...
Hong Kong’s IPO market is headed for a banne...
views 21
Hong Kong is on track to top the global IPO market...
Focus: As China builds biotech sector, cash floods...
views 18
SAN FRANCISCO/HONG KONG (Reuters) - For three whir...
Hong Kong’s Surging Dollar Sends a Warning o...
views 19
Surging interbank rates. A shock jump in the curre...
Hong Kong pro-independence party formally outlawed...
views 20
HONG KONG (Reuters) - Hong Kong authorities formal...
Hong Kong bans separatist political party in unpre...
views 20
Authorities in Hong Kong have taken an unprecedent...