News

HONG KONG, May 3 (Reuters) - Hong Kong's de-facto central bank said it sold HK$46.54 billion ($6 billion) into the market on Saturday to prevent the local currency from strengthening beyond its ...
The Hong Kong Monetary Authority has sold over a 100 billion in Hong Kong dollars in the foreign-exchange market this month, as the Hong Kong currency’s strength threatens its peg to the U.S ...
The Hong Kong Monetary Authority spent HK$9.5 billion ($1.23 billion) on the US currency, according to an alert sent on its Bloomberg page late Monday. The purchase adds to the HK$46.6 billion it ...
HONG KONG, April 30 (Reuters) - Hong Kong's bourse operator on Wednesday posted a 37% jump in first quarter profit to record its best ever quarterly performance, helped by a sharp increase in ...
It has been over a decade since some Hong Kong manufacturers, responding to the mainland’s sweeping industrial upgrade and sensing rising US-China trade tensions, moved to set up factories overseas.
Coldplay’s recent concerts at Hong Kong’s Kai Tak Stadium sparked a wave of excitement – but for bassist Guy Berryman, the city’s allure extended beyond the stage. After the shows ...
Hong Kong has a free market economy, highly dependent on international trade and finance - the value of goods and services trade, including the sizable share of reexports, is about four times GDP.
The Hong Kong International Film Festival Society (HKIFFS) and Nowness Asia have formally launched the Asian Short Film Fund (ASFF), offering aspiring directors and producers across the region ...
Hong Kong’s postal service will stop handling packages coming from or going to the United States, in the latest retaliatory move amid an escalating trade war between Washington and Beijing.
HONG KONG (Reuters) -When Washington announced higher tariffs and the axing of a de minimis rule that allowed for low-value packages from Hong Kong and mainland China to enter the United States ...
Financial analysts say the anticipated return of an unknown number mainland companies to the Hong Kong capital market for listings will enhance the city's capital-raising role and will further ...