The Hong Kong Monetary Authority (HKMA) raised its main policy rate on Thursday, following the U.S. Federal Reserve's move, even as weakness in its pegged currency forced the de facto central bank to ...
Hong Kong central bank raises interest rates after Fed hike
The Hong Kong Monetary Authority (HKMA) on Thursday raised its base rate charged through the overnight discount window by 25 basis points to 5.50%, hours after the U.S. Federal Reserve delivered a ...
Russian gold is now flooding the UAE, Turkey and Hong Kong after facing sanctions in the West
Russia lost key Western buyers like JPMorgan and HSBC after its gold supplies were sanctioned by the G-7 and EU last year.
FIE fencing Grand Prix: Hong Kong’s Vivian Kong could regain épée world No 1 spot, but coach says it’s not the priority
Hong Kong’s Vivian Kong Man-wai may return to the top after the weekend, while Cheung Ka-long and the men’s foil team head to Mexico to begin Olympic qualification quest.
Qantas Hong Kong Lounge Reopens as Flights to City Return
Qantas Airways Ltd.’s premium lounge at Hong Kong airport reopened Wednesday to traditional Chinese lion dances and showers of confetti, a further sign the city is gradually returning as an ...
Qantas’ Hong Kong Lounge Reopens as International Flights Return
Qantas Airways Ltd.’s premium lounge at Hong Kong airport reopened Wednesday after a three-year closure, a further sign the city is gradually returning as an international travel hub after the ...
Hong Kong interbank rates jump ahead of Fed
The three-month Hong Kong Interbank Offered Rate (HIBOR) jumped 18.9 basis points (bps) to 3.89929%, its sharpest one-day leap in nearly two years. One-month HIBOR rose more than 14 bps to 3.55333%, ...
Hong Kong and U.S. economic cycles are no longer in sync, economist says
Iris Pang of ING says Hong Kong's interest rates have stayed modest even though the U.S. Federal Reserve has increased rates "tremendously." ...
Hong Kong to cut elected council seats in blow to democracy
Hong Kong’s leader on Tuesday stepped up a campaign to shut down further democratic challenges by unveiling plans to eliminate most directly elected seats on local district ...
Hong Kong to eliminate elected seats in setback to democracy
Hong Kong’s leader on Tuesday stepped up a campaign to shut down further democratic challenges by unveiling plans to eliminate most directly elected seats on local district councils.
Law firm DLA Piper taps Akin Gump for restructuring head in Hong Kong
Law firm DLA Piper has hired a partner from U.S.-founded rival Akin Gump Strauss Hauer & Feld in Hong Kong to serve as its new restructuring practice leader for the Asia Pacific region, the firm said ...
Hong Kong announces fewer district council seats will be locally elected
Hong Kong City Leader John Lee Ka-chiu announced an overhaul of the district's council, with locally elected seats dropping to 20% and introducing a stringent vetting process for the candidates.
Hong Kong to slash elected seats in setback to democracy
Hong Kong’s leader has unveiled plans to eliminate most directly elected seats on local district councils, the last major political representative bodies chosen by the public
Hong Kong’s GDP rebounds 2.7% in first quarter as outlook brightens
Hong Kong's economy grew 2.7% in the first quarter of 2023, John Lee, the leader of the Asian financial hub, said in a surprise announcement ahead of Tuesday's official release of the data, to snap ...