Hong Kong Cash Demand Sends Local Bank Rate to 16-Year High
A gauge of bank funding costs in Hong Kong jumped to the highest in 16 years, as year-end
2023-11-27 12:20
Hong Kong Dollar’s Rally Seen Extending on Liquidity Squeeze
A rally in the Hong Kong dollar that saw it touch the strongest level this year against the
2023-11-24 08:28
Hong Kong Holds Rate as Fed Signals End to Tightening Cycle
The Hong Kong Monetary Authority maintained its base rate at 5.75% on Thursday after the US Federal Reserve
2023-11-02 13:26
Chinese Opt for Trendy McDonald’s Over Hermes in Blow to Hong Kong Tourism
Mainland Chinese visitors to Hong Kong used to flaunt Hermes handbags in shopping malls for social media photos.
2023-10-13 07:49
Susquehanna’s Yass Joined Weinstein, Ackman in Bid for Sculptor
Susquehanna International Group co-founder Jeff Yass is part of a consortium of investors that bid for Sculptor Capital
2023-08-22 07:20
Hedge Fund Sculptor Rejects Unsolicited Offer From Weinstein
Sculptor Capital Management Inc. spurned an unsolicited bid from a group of hedge fund giants including Boaz Weinstein,
2023-08-21 17:50
Hong Kong Finance ‘Czar’ Yam Is Frontrunner as Next HKEX Chair
Hong Kong Monetary Authority’s founding chief executive, Joseph Yam, has emerged as the leading candidate to become the
2023-08-18 16:51
HKEX, Banks Exploring Ways to Boost Stock, Derivatives Trading
Banks and the stock exchange in Hong Kong are discussing ways to revive moribund trading volumes. Regular meetings
2023-08-15 08:49
Hong Kong Dollar in Strong Half of Trading Band on Rate Hikes
Hong Kong’s currency has risen above the mid-point of its trading band against the dollar for the first
2023-07-27 11:27
Rupee’s Plunging Volatility Leaves Investors Guessing RBI Moves
Even in a year where currency volatility is falling worldwide, the slump in swings in the Indian rupee
2023-07-12 08:48
In High-Yield Battle, India May Beat Indonesia as Top Asia Trade
In the battle between Asia’s two highest-yielding major markets, Indian assets look more promising than those of Indonesia.
2023-06-26 08:48
Hong Kong Dollar One-Month Rate Climbs to Highest Since 2007
The cost for banks to borrow Hong Kong dollars from each other for a month rose to the
2023-06-20 11:54