Banks H. Kong to raise protection on bank deposits to $102K Nada Ali Feb 6, 2024 0 The Hong Kong Deposit Protection Board will raise the protection limit on bank deposit savings by 60 per cent to…
International News H. Kong retail sales rose 7.8% in Dec. ’23 Nada Ali Feb 1, 2024 0 Hong Kong’s retail sales surged by 7.8 per cent to record HK$36.3 billion ($4.64 billion) in December 2023…
Featured H. Kong court orders Evergrande to liquidate Nada Ali Jan 29, 2024 0 Chinese developer Evergrande has been ordered to liquidate by a Hong Kong court following a failed effort to…
Egypt News Egypt, H. Kong to boost financial co-operation Aya El Sayed Jan 28, 2024 0 Egypt and Hong Kong agreed to sign a double taxation prevention agreement this year, promote local currency bonds…
Featured China’s Evergrande faces winding-up petition in H. Kong court Nada Ali Jan 28, 2024 0 China Evergrande Group will appear once again in Hong Kong court on Monday in an attempt to avoid liquidation,…
Featured China’s courts to rule on H. Kong commercial disputes Nada Ali Jan 28, 2024 0 China’s courts will have the authority to enforce rulings in commercial disputes in Hong Kong under a new law,…
Egypt News Egypt seeks Asian investment opportunities – minister Aya El Sayed Jan 24, 2024 0 Egypt’s finance minister, Dr. Mohamed Maait, said at the Asian Financial Forum in Hong Kong that Egypt is keen to…
Featured India overtakes H. Kong in global stock market ranking Aya El Sayed Jan 23, 2024 0 Shares listed on Indian exchanges hit a combined value of $4.33 trillion at Monday’s close, surpassing Hong Kong’s…
forex news Gold steady amid dollar decline, Fed halt bets Aya Anwar Nov 28, 2023 0 Gold stabilized after seeing a six-month high on Tuesday, trading at $2,013.29, while the Federal Reserve's…
International News Alibaba plans to spin off Cainiao Logistics Unit for Hong Kong IPO Nada Ali Sep 26, 2023 0 Alibaba Group said on Tuesday it is planning to spin off Cainiao Smart Logistics Network Ltd., the logistics arm of…