Economy
Hong Kong banks susceptible to massive Eurozone recession
Hong Kong banks susceptible to massive Eurozone recession
A severe credit crunch could hammer Hong Kong’s banks and those in Singapore should there be a huge jump in non-performing loans.
Proposed revision in banking rules to make Hong Kong more competitive
Hong Kong begins a process of updating its Banking Ordinance on May 23.
Hong Kong looks for ways to increase land supply and homes
With land either too pricey or in short supply, Hong Kong faces continuing unrest from citizens increasingly unable to own homes.
Hong Kong committed to developing science and technology
Hong Kong’s unique advantages make it indispensable to China.
Credit card receivables down; delinquencies up
A drop in spending and a rise in delinquencies were experienced by Hong Kong in the first quarter this year.
Pay hikes in store for government ministers
A proposed pay increase for Hong Kong’s government ministers is quite generous.
Volatility to batter Hong Kong and other financial markets worldwide
The wild ride taken by the Hang Seng isn’t over.
Hong Kong promotes renminbi business in Japan
The Hong Kong Monetary Authority and Trade Development Council have held a seminar in Tokyo promoting Hong Kong’s renminbi business.
Gregory So in Japan to promote Hong Kong
Secretary for Commerce & Economic Development Gregory So is in Japan for a five day visit to promote Hong Kong.
Tsang arrives in Taipei
Financial Secretary John Tsang is in Taipei as head of a delegation that officiated at the opening of the Hong Kong Economic, Trade & Cultural Office...
Hong Kong’s economy is worse than expected
A serious slowdown in growth in the first quarter is blamed on weak exports.
Capital duty to be banished by June 1
It’s another move to grow a faltering economy by telling foreigners that Hong Kong is great for their businesses.
SFC seeks public’s opinion on IPO regulation
The recent crackdown on brokers pushing sub-standard IPOs heads in a parallel direction.
Hong Kong business conditions improve but only slightly
Analyst says the economy’s sails have yet to pick up wind even as sufficient new business continues to support job creation.
International reserve currency
When Treasury Secretary Tim Geithner recently visited China in a rah-rah session for the dollar—their reaction was almost appalling. In fact, while...
HKMA warns public against identity theft website
A website that steals the bank passwords of unwary users has claimed Hong Kong victims and must be avoided.
Government posts $73.7 billion operating surplus
Hong Kong’s government expenditures and revenues for the year ending March 31 was $7 billion higher than the revised estimate.
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Commentary
How companies can use the new cybersecurity bill to their advantage