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HK central bank cuts interest rate
Hong Kong central bank cuts interest rate after Fed move, banks follow
The Hong Kong Monetary Authority (HKMA) on Friday cut its base rate charged via the overnight discount window by 25 basis points to 5.0%, tracking a move by the U.S. Federal Reserve.
HK central bank cuts interest rate after Fed move, banks follow
Major Hong Kong banks followed with HSBC cutting its Hong Kong dollar best lending rate by 25 basis points and Bank of China (Hong Kong) also cutting its Hong Kong dollar prime rate by the same magnitude.
Stock market today: Asian shares gain after US Fed cuts interest rates
Asian shares advanced Friday after most U.S. stocks rose as the Federal Reserve cut interest rates again to ease pressure on the economy. Oil prices fell while U.S. futures edged higher. Regional investors were watching for much-anticipated steps by Beijing to rev up the slowing Chinese economy as the top body of the national legislature wrapped up a meeting this week.
13h
on MSN
Hong Kong can tap into Latin America by opening trade office in Dominican Republic: envoy
Consul general hopes for stronger air links to unlock opportunities for tourism and reduce shipping costs This is the tenth ...
scmp.com
20h
Hypefest draws crowds and vendors in Hong Kong debut despite typhoon threat
Revellers and vendors gathered at the
Central
Harbourfront in
Hong
Kong
on Saturday for the local debut of the cultural ...
9d
An expert guide to Hong Kong’s culinary scene
In Kowloon’s Kwun Tong district, there is a ceramics shop called Yuet Tung China Works that I love visiting. Everything is ...
7d
Hong Kong ferry crashes into city’s Central Pier, injuring dozens
HONG
KONG
(SCMP/Agencies):
Hong
Kong
authorities have pledged to inspect the structure and parts of a pier in ...
1d
Hong Kong home prices to bottom out in short term after rate cut, analysts say
The
Hong
Kong
Monetary Authority (HKMA), the city’s de facto
central
bank, lowered its base interest rate for the ...
5d
The best of Hong Kong’s natural landscapes, art, and food scene – according to locals
Brothers Ben and Robin Lee grew up in Hong Kong and, as keen trail runners, love to show visitors its wilder side. “I love that you can go for a hike in the mountains or relax on the beach in the day ...
10d
Hong Kong Q3 GDP expands 1.8% y/y, slower than forecast
Hong Kong's economy grew 1.8% in the third quarter year-on-year, official advance estimates showed on Thursday, expanding for ...
Time Out
12d
New Hong Kong-style diner Moo-Lah opens in Central
Moo-Lah works exclusively with Korean butchers who specialise in sourcing top-quality Hanwoo beef for over four decades.
9d
Hong Kong ferry collides into city’s Central Pier, injuring dozens
Thirty-four males, aged 27 to 74, were taken to three hospitals across the city. Read more at straitstimes.com.
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