Tag: finance

“Welcome to my home,” says Cath Osburn, as she opens the door to her beautiful, four-bedroom houseboat. “Although maybe not for much longer.” The Osburns — New Zealander Cath, her husband, two childre... ( read original story ...)

(Bloomberg) -- The People’s Bank of China sold 20 billion yuan ($2.9 billion) of bills in its first issuance in Hong Kong Wednesday, a move that could reduce the offshore yuan’s liquidity and support ... ( read original story ...)

China’s Shanghai Composite Index and Hong Kong’s Hang Seng Index are respectively down 20 per cent and ... To spur lending, China’s central bank has cut the amount of cash that some banks must hold as ... ( read original story ...)

The Osburns — New Zealander Cath, her husband, two children and two bulldogs — are among more than 200 boat-dwelling families that are facing imminent eviction from Hong Kong’s Discovery Bay Marina Cl... ( read original story ...)

Hong Kong Exchanges and Clearing is on track for a record year for initial public offerings, and it does not see a let-up in businesses coming to list. "People are still actually coming in big groups, ... ( read original story ...)

Hong Kong shares erased early losses and ended higher on Tuesday after China’s premier said the country would take targeted policy steps to support private companies. *At the close, the Hang Seng inde... ( read original story ...)

The government has granted Hang Seng Management College university status, making it the second private university in Hong Kong. The private education institution will be renamed the Hang Seng Univers... ( read original story ...)

Hang Seng University of Hong Kong will not raise its tuition fees significantly in the near future after it was promoted from a college to a university, its senior management said on Wednesday. “We wi... ( read original story ...)

Hong Kong blue chips ended lower today. The benchmark Hang Seng Index shed 0.38 percent, or, 94.41 points at 24,812.04 at the close. Shares in Tencent Holdings (0700) lost 0.08 percent at HK$259.80. H... ( read original story ...)

That came after the bank kept rates on hold - at 0.75% ... And Asian markets followed the US higher as well, with Shanghai’s Composite index up 1.5% while Hong Kong’s Hang Seng gained 1.5%, putting as... ( read original story ...)

South Korea also slumped, but markets in Hong Kong, Australia and India all gained ... while the Japanese benchmark was less decisive as earnings dominated news flow. Elsewhere, Hang Seng (-0.2%) and ... ( read original story ...)

Most economists expect ECB President Mario Draghi to say the bank will stick to plans to end stimulus this ... (Unch) closed little changed and Hang Seng (-1.2%) saw firm losses with Cathay Pacific sh... ( read original story ...)

The European Central bank has left monetary policy unchanged as expected ... In Asia, Japan’s Nikkei slid 786 points or 3.5% to 21,302 while Hong Kong’s Hang Seng was 2.09% lower at 24,709 and the Sha... ( read original story ...)

Watch out HSBC Holdings Plc. The digital banking revolution is coming for all the easy money the UK-based bank has long taken for granted. Hong Kong was HSBC’s birthplace as the Hongkong ... ( read original story ...)