$51b Spent To Back HK Dollar
The Monetary Authority has conducted foreign exchange transactions to buy $51 billion worth of Hong Kong dollars to su... Read more
Unemployment Stays At 2.9%
The seasonally adjusted unemployment rate stood at 2.9% in the January-March quarter, unchanged from the December-Febr... Read more
IMF Warns Central Banks Over Rates
The International Monetary Fund urged central banks on Wednesday to take a gradual and transparent approach to tightenin... Read more
Hong Kong, Mainland Markets Regain Momentum
Hong Kong and Shanghai shares rose on Wednesday, in line with an Asian bounce following a positive US lead while investo... Read more
DBS Bank Expects HKMA To Raise Rates Thrice
DBS Bank said on Wednesday that it expects key local interest rates to increase three times this year – by 25 basis po... Read more
Hong Kong Gains, Auto Shares Fall On The Mainland
Shares rose in Hong Kong Wednesday morning after a four-day sell-off, with investors cheered by easing trade and Syria t... Read more
Wall Street Surges On Strong Corporate Earnings
Wall Street stocks powered higher on Tuesday on strong corporate earnings, with a blowout report from Netflix igniting a... Read more
IMF Predicts Solid Near-term Global Growth
The global economy is expected to grow at a solid pace through next year, boosted by faster expansion in the United Stat... Read more
21 Building Plans Approved
The Buildings Department approved 21 building plans in February – four on Hong Kong Island, 10 in Kowloon and seven ... Read more
P2P Calls To Be Regulated
Secretary for Commerce & Economic Development Edward Yau says the Government will introduce a law to regulate pers... Read more
HK Most Expensive For Business Travellers: Survey
Hong Kong has become the the most expensive Asian destination for business travellers, according to an annual survey . ... Read more
Temasek Looks To Buy Stake In Hong Kong Airlines
Singapore state investor Temasek Holdings has expressed interest in buying into Hong Kong Airlines and Hong Kong Express... Read more
HK, Mainland Stocks Fall Despite Growth Data
Hong Kong and Shanghai stocks fell on Tuesday, with investors unable to maintain early momentum prompted by a better tha... Read more
Mainland Data Fails To Impress HK Investors
Hong Kong stocks ended the morning barely moved on Tuesday as data showed that the mainland's economy grew more than exp... Read more
Wall Street Shrugs Off Concerns To Edge Higher
Investors shrugged off geopolitical jitters on Monday, sending US stocks broadly higher and extending the market's gains... Read more