H. Kong adjusts base rate in line with US Fed cut
The Hong Kong Monetary Authority (HKMA) announced a reduction in the Base Rate to 4.75 per cent, effective…
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Hong Kong
HSBC to lower prime lending rate in H. Kong
HSBC Holdings announced on Thursday that it will reduce its prime lending rate in Hong Kong by 12.5 basis points to…
H. Kong’s trade sees modest growth in Oct. ’24
Hong Kong's total export volume increased by 0.3 per cent in October 2024, and total imports rose by 1.5 per cent,…
S&P Global: H. Kong’s business activity slows in Nov. ’24
The seasonally adjusted S&P Global Hong Kong SAR Purchasing Manager’s Index fell to 51.2 in November 2024 from…
Asian shares slip as inflation worries persist
Asian shares dropped on Thursday and the dollar strengthened slightly as investors considered US data indicating…
Asian stocks decline amid US tariff concerns
Asian stocks declined on Wednesday, and currencies fluctuated as investors grew concerned about the potential for…
H. Kong CPI rises 1.4% YoY in Oct. ’24
Hong Kong's Consumer Price Index (CPI) rose 1.4 per cent in October 2024 compared to the same month last year.
BNP Paribas trims China workforce amid fee plunge
French banking giant BNP Paribas joined the growing list of global banks reducing their headcount in China.
Asian stocks slump as bond yields surge
Market jitters gripped Asian stocks on Wednesday as a sharp rise in US bond yields unnerved investors ahead of key…
Asian markets weaken as dollar strengthens
Asian stocks dipped as the dollar remained strong on Tuesday. The focus was on Bitcoin, which reached a record high…
