In Focus

Hong Kong scrambles to defend HK$ again

Hong Kong came to defense of its embattled currency for the second time in four days Monday, selling HK$1.25 billion to deter the currency’s further appreciation.

In Focus

Hong Kong scrambles to defend HK$ again

Hong Kong came to defense of its embattled currency for the second time in four days Monday, selling HK$1.25 billion to deter the currency’s further appreciation.

In Focus

Hong Kong implements first phase of Basel III

Hong Kong has published the Banking Capital Amendment Rules 2012.

In Focus

Strong HK$ curtailed by HKMA

The Hong Kong Monetary Authority yesterday sold $603 million worth of Hong Kong dollars in the foreign exchange market.

In Focus

Business operations in HK could slow down

Foreign companies doing business in Hong Kong could be curbed if the world economy worsens.

In Focus

Unemployment rate could rise by 50% in 2013

Find out what will fuel the nasty unemployment figures next year.

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HKEx to broaden LME offerings in two years

Hong Kong Exchanges and Clearing Ltd intends to offer new commodities about two years from now following its purchase of the London Metal Exchange.

In Focus

Housing committee to intensify home demand probe

Sec Anthony Cheung said they will also review housing priorities.

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Hong Kong investors hoarding cash

Seven in ten said they intend to amass more cash to see them safely through the economic crisis.

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Singapore stands to unseat Hong Kong as RMB trading hub

Singapore has issued full banking licenses to branches of two Chinese Big Four banks.

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Home prices to continue climbing

A leading Chinese investment bank foresees property prices in Hong Kong jumping 10% this year despite government efforts to dampen soaring prices.

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Tsang to retain LegCo presidency

Pro-Beijing Jasper Tsang Yok-sing will retain his post as President of Hong Kong’s Legislative Council.

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Foreign currency reserves reached US$301.2b in September

That is a US$3b increase from August, says the Monetary Authority.

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Men still rule Hong Kong board rooms

Some 40% of Hang Seng Index companies had no women directors in 2011.

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Building boom begins in Hong Kong

Hong Kong braces for a housing boom in the next six years fueled by developers awash in cash from the prolonged low-interest regime.

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Hong Kong’s monetary picture stays bleak

Total deposits in Hong Kong’s banking system inched forward by just 1% in August, said the Monetary Authority.

In Focus

Hong Kong's first FTA with Europe now in effect

The first free trade agreement between Hong Kong and the European Free Trade Association member states of Iceland, Liechtenstein, Norway and Switzerland came into force yesterday.

In Focus