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…
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Hong Kong
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…
China’s net gold imports surge to seven-month high
China's net gold imports through Hong Kong in November increased by more than double compared to October, reaching…
H. Kong’s external trade shows growth in Nov. ’24
Hong Kong's external merchandise trade saw positive growth in November 2024, with both total exports and imports of…
Israel to launch bitcoin mutual funds next week
Israel is set to launch several mutual funds tracking bitcoin’s value next week, following approval by the Israeli…
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…
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…
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