Christmas comes but once a year!

Santa and his dearest cats are taking the time off!

Santa will be taking a break in Australia and his trusted furry cats won't be back to bring you the freshest business news until January 9, 2017. Have a Happy Christmas and see you next year!

While waiting for the cats to be back, you might want to check out some of our most read stories and exclusives:

Garage Collective recreates an 8,000-sq ft warehouse

More consumers in Asia Pacific becoming late-paying clients: survey

Sales of luxury goods plunged 19.7%

Home sale transactions to plunge below 4,000 units per month

3 key risks that Hong Kong banks must face

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Top News

OTC dealers face tighter clearing tests under fixed annual periods
Fixed annual periods proposed under Clearing Rules.The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) issued a joint consultation on standardising calculation periods under the OTC derivatives Clearing Rules, proposing fixed annual periods for determining mandatory clearing obligations, according to a press release.
Economy
Hong Kong activity cools amidst APAC expansion losing speed
Report flags capital markets adjusting as office assets return as the top pick since 2020.
Economy
DBS Hong Kong names Xu Qing as managing director and risk head
Xu will oversee all credit and risk functions in Hong Kong, mainland China, and Taiwan.
Retail Banking