Hong Kong

Hong Kong beats Singapore in attracting expats

Hong Kong's greatest strength lies in its finance skills.

Unemployment rate largely unchanged at 3% from August to October

The underemployment rate similarly went unchanged at 1.1%.

DHL expands Central Asia Hub in Hong Kong for $3.09b

It will increase capacity to 125,000 shipments per hour.

Two in five Hong Kongers consider running e-commerce side businesses

More people prefer to start businesses online than start with brick-and-mortar.

Hong Kong is the most attractive country for IPOs

It scored 9.1 out of 10 in terms of transaction attractiveness.

Six in 10 employees unlikely to seek advice for career goals

Younger people are more likely to seek professional advice.

Hong Kong economy grows 3.6% in Q3

It's the fourth consecutive quarter of above-trend economic expansion.

One in two CEOs expect to increase domestic investment spending

But this is still lower than the global average of 58%.

Hong Kong Exchanges & Clearing's profits up 32% to $2b in Q3

The increase in operating expenses was offset by IT cost savings.

Hong Kongers too optimistic on investment returns

They expect to make an average annual return of 9%.

Prospects of first rate hike in 11 years loom for Hong Kong

Bloomberg says rising interbank rates are paving the way for prime rate hikes.

Mainland China, Hong Kong startups clinch 41% of global 'proptech' investments

The combined funding value hit $3.03b across 34 deals so far.

Foreign currency reserves down to US$419.2b in October

Assets slipped slightly from US$419.3b in September.