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Hong Kong cuts base rate by half point
Hong Kong interest rate cut gives small businesses ‘more room for survival’
Lower rates will not only reduce financing costs but revive investor confidence and spending sentiment, experts say.
Hong Kong Makes First Rate Cut Since 2020, Boosting Economy
Hong Kong’s beleaguered real estate market is set for some relief after the city cut its base interest rate for the first time in four years, mirroring the Federal Reserve’s policy easing.
'Coldplay tour will boost Hong Kong's concert economy'
The tourism industry is expecting Coldplay's concerts next year to give the sector a boost, with hotels likely to benefit as fans flock to the city.
Hong Kong cuts interest rates for the first time in four years after Fed easing
The cut in Hong Kong will be welcome relief for businesses and consumers, who have faced years of steep borrowing costs.
Hong Kong central bank cuts interest rate, tracks Fed move
The Hong Kong Monetary Authority (HKMA) on Thursday cut its base rate charged via the overnight discount window by 50 basis points to 5.25%, tracking a move by the U.S. Federal Reserve. Hong Kong's monetary policy moves in lock-step with the United States as the city's currency is pegged to the greenback in a tight range of 7.
Hong Kong stocks waver as traders weigh prospect of more Fed easing
Hong Kong stocks fluctuated between gains and losses after the Fed hinted it was in no hurry to engage in more aggressive policy easing.
1h
Hong Kong Inflation Steady At 2.5%
Hong Kong's consumer price inflation remained stable in August after rising in the previous three months, data released by the Census ...
2h
on MSN
The Chinese economy is faltering — and that means more trade tensions
Growth in the world’s second-largest economy is slowing and stock markets are in decline, but the Chinese government remains ...
7h
Why are selfie shops and claw machine arcades popping up all over Hong Kong?
The new lipstick effect? ‘Experiential stores’ are taking over as traditional shops shut in Hong Kong as people spend less ...
9h
on MSN
Hong Kong stocks head for biggest weekly gain in nearly 5 months
Hong Kong stocks rose, with the city’s benchmark heading for its biggest weekly gain in nearly five months, taking cues from ...
9d
Hong Kong hits out at US Congress for passing a bill that could close its representative offices
Hong Kong’s government says the U.S. House of Representatives twisted facts in an attack on the city as it passed a bill that ...
Hong Kong Free Press
3d
‘Shameless and ugly’: John Lee condemns US bill that could close Hong Kong’s trade offices across America
Chief Executive John Lee has condemned a US bill that could close Hong Kong's trade office in the US, calling the move ...
3d
China Market Update: Hong Kong Grinds Higher, China Releases August Economic Data
Asian equities were mostly higher overnight while Mainland China was closed for the Mid-Autumn Festival. Japan, South Korea, ...
3d
on MSN
The demand for Midea's Hong Kong listing is driven by the discount compared to its A-share listing: Analyst
Dickie Wong from Kingston Securities talked about Midea's performance, particularly in the context of weak economic data in ...
4h
on MSN
Beijing official voices high hopes for Hong Kong efforts to promote national opening-up
Hong Kong and Macau Affairs Office's Zhou Ji voices confidence in city at launch of Beijing-Hong Kong Economic Cooperation ...
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