HK In Technical Recession, Third Quarter Slumps 3.2%
Hong Kong’s economy has slid into a technical recession for the first time in a decade, shrinking by 3.2 percent in th... Read more
Rate Cuts Lift HSI, Mainland Markets Fall
Hong Kong stocks ended with healthy gains on Thursday after the Federal Reserve cut interest rates for a third time this... Read more
CE Pledges 'special Measures' As Businesses Seek Aid
The Chief Executive, Carrie Lam, said the government is trying to come up with exceptional measures to handle issues lik... Read more
China's Factory Activity Slips In October
Factory activity in mainland China contracted for a sixth-straight month in October, new data showed on Thursday, as the... Read more
HSBC Cuts Lending Rate – First Time In 11 Years
HSBC cut its prime lending rate in Hong Kong for the first time in 11 years, as an adviser warned of a ‘challenging’... Read more
Private Home Prices Continue To Slide
Official figures show Hong Kong’s property prices fell for the fourth consecutive month in September, amid the city's ... Read more
HKMA Cuts Interest Rate By 25 Basis Points
The Hong Kong Monetary Authority has cut interest rates for a third time, by 25 basis points, following an overnight mov... Read more
HSI Soars, New Factory Data Weighs Down Shanghai
Hong Kong stocks rose more than 1 percent in the morning session on Thursday after the Federal Reserve cut interest rate... Read more
Samsung Electronics Q3 Net Profit Slumps 52%
Samsung Electronics, the world's largest smartphone and memory chip maker, saw net profits slump by more than half in th... Read more
Fed Rate Cut Helps Wall Street; S&P Hits Record
The S&P 500 finished at a record on Wednesday after the Federal Reserve cut interest rates and signalled it expects ... Read more
Fed Cuts Rates Again - But May Hold Its Fire For Now
The US Federal Reserve cut its benchmark interest rate for the third straight time on Wednesday, but the central bank re... Read more
Trump Still Aiming To Ink Trade Pact Soon
President Trump still hopes to sign a trade deal with Xi Jinping in the coming weeks, despite Chile's cancellation of th... Read more
FS Fosters UK Green Finance Ties
Financial Secretary Paul Chan continued his visit to London by meeting UK members of Parliament and business figures, ... Read more
Economy Dips 2.9% In Q3
Hong Kong's economy in the third quarter of 2019 contracted 2.9% over a year earlier, compared with the increase of 0.... Read more
More Assistance For SMEs
As you will appreciate, this year's Policy Address was prepared amid an ongoing, unprecedented unrest in society. I an... Read more