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Interest rates to be 'relatively high' for a bit: HKMA
The Hong Kong Monetary Authority on Thursday said there's a chance that interest rates in the city will remain at "relatively ...
Asian Banking & Finance on MSN1d
Hong Kong’s total deposits up 7.1% in 2024
Renminbi deposits fell, whilst RMB remittance rose in December. Total deposits with authorized institutions in Hong Kong rose ...
Asia-Pacific markets rise in thin-holiday trade as investors digest Fed rate pause
Asia-Pacific markets rose on Thursday despite a sharp decline on Wall Street the previous day as investors reassessed the Fed ...
Hong Kong’s December mortgages shrink 21.1% as high rates drive homebuyers to sidelines
Mortgages shrank by 21.1 per cent last month to 6,306 applications from November, according to a statement by the Hong Kong ...
Hong Kong's Exchange Fund reports fifth-best annual return despite fourth-quarter loss
The Exchange Fund, Hong Kong's financial war chest for defending the currency peg, reported a loss for the fourth quarter ...
Hang Seng Bank fined $8.5 million for investment product sales misconduct
Hong Kong's securities regulator said on Monday it had fined Hang Seng Bank HK$66.4 million ($8.52 million) for overcharging its clients while selling investment products.
Preparing for investor protection regulations on virtual assets
Hong Kong has been relatively quick in addressing investor protection concerns related to virtual assets. We look at Hong ...
Hong Kong's banks gird for leaner times ahead as 9-month profit growth slows
Hong Kong's banks posted the slowest profit growth in three years, as lower net interest margins and rising bad debts offset ...
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James Conroy
EconoTimes is a global, independent publication that delivers comprehensive news, analysis, and insights on the economy, finance, and markets. Based in Korea, we offer a unique perspective on global ...