H. Kong’s foreign reserves drop in April. ’25
The Hong Kong Monetary Authority (HKMA) announced on Thursday that the city's official foreign currency reserve…
Browsing Tag
Hong Kong
US monthly trade deficit expands in March ’25
The US trade deficit in goods and services expanded to $140.5 billion in March 2025, up 14.0 per cent from a…
H. Kong’s jobless rate rises in early ’25
Hong Kong's seasonally adjusted unemployment rate rose to 3.2 per cent in December 2024 - February 2025 from 3.1…
BYD to raise $5.2 billion through H. Kong share sale
Chinese electric vehicle maker BYD is selling its Hong Kong shares to raise up to $5.2 billion through an…
H. Kong holds base rate steady at 4.75% – HKMA
The Hong Kong Monetary Authority (HKMA) decided on Thursday to keep its base rate at 4.75 per cent unchanged.
H. Kong’s merchandise trade grow 5.2% YoY in Dec. ’24
Hong Kong's external merchandise trade showed growth in November 2024, as total exports increased while imports of…
H. Kong unveils new yuan trade finance scheme
Hong Kong plans to introduce a new yuan trade finance scheme and expand its Bond Connect programme for Chinese…
China boosts yuan with new measures on Monday
China announced new measures on Monday to support its weak currency, including parking more dollars in Hong Kong to…
S. Korea’s FX reserves hit $415.6b in Dec ’24
South Korea's official foreign reserves totaled $415.6 billion at the end of December 2024, reflecting a slight…
H. Kong retail sales decline 7.3% in Nov. ’24
Hong Kong's total retail sales value decreased 7.3 per cent to reach $31.7 billion in November 2024 compared to the…