HSBC, Standard Chartered and other banks in Hong Kong closed branches or curtailed their working hours on Monday after a spike in the number of new coronavirus cases in the Asian financial hub. ( read original story ...)
Could the United States break Hong Kong’s peg to the dollar?
The move, while unlikely, would undermine Hong Kong's financial operations. Plus, Turkey's military expenditure. ( read original story ...)
HKEX hires top women managers to oversee IPO applications after bribery scandal taints world’s favourite market
Hong Kong Exchanges and Clearing has installed two senior executives to tighten its stock-listing process following a bribery scandal that tainted the world's favourite initial public offering (IPO) ... ( read original story ...)
Hong Kong shares rise, post biggest weekly fall in 2 months on subdued China stocks
SHANGHAI, July 17 (Reuters) - Hong Kong stocks ended higher on Friday but posted their ... while the IT sector rose 2.09%, the financial sector ended 0.02% higher and the property sector dipped 0.51%. ( read original story ...)
Hong Kong reports 50 locally transmitted coronavirus cases
Hong Kong authorities reported 50 locally transmitted coronavirus cases on Friday, stoking further concern about an escalating third wave of infections in the global financial hub. ( read original story ...)
Hong Kong’s Property Market Sees Limited Impact From China Security Law
Early signs of any impact on the property market from Hong Kong’s new security law have been muted with sales and home-price data barely flinching. ( read original story ...)
Thailand To Test Digital Baht Currency With Hong Kong’s Central Bank Before Public Launch
The Bank of Thailand revealed it is already testing its central bank digital currency with large businesses. By September, they will use CBDC to transact with the Hong Kong Monetary Authority. ( read original story ...)
Hong Kong Stock Market Has Negative Lead
The Hong Kong stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had gathered more than 230 ... ( read original story ...)
Hong Kong reverts to China tariffs under Trump order, impact limited -trade lawyers
President Donald Trump's executive order ending Hong Kong's special status under U.S. law effectively ends the territory's separate customs treatment from China - but the immediate impact on trade is ... ( read original story ...)
Ex-HSBC Economist Backs Hong Kong Banks in Legislature Bid
A former economist at HSBC Holdings Plc plans to run for a seat in Hong Kong’s legislature, vowing to stand up for the financial services sector against growing influence from China. ( read original story ...)
Singapore’s financial system robust despite worst downturn, central bank chief says
Singapore's financial system remains robust and resilient even as the economy suffers its most severe downturn due to the coronavirus pandemic, central bank chief Ravi Menon said on Thursday. There ... ( read original story ...)
Australia wants to attract ‘seriously talented’ people leaving Hong Kong, minister says
The country is "specifically targeting" students and highly talented individuals from Hong Kong who will be able to contribute to Australia's economy, said Alan Tudge, minister for population, cities ... ( read original story ...)
Beijing’s top Hong Kong office slams U.S. sanctions as ‘gangster logic and bullying’
China's top representative office in Hong Kong condemned what it called gross interference by the United States in the Asian financial hub, labelling President Donald Trump's move to end the city's ... ( read original story ...)
Hong Kong Bourse May Add To Its Winnings On Thursday
The Hong Kong stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had gathered more than 230 ... ( read original story ...)