The Hong Kong Monetary Authority (HKMA) maintained its base rate at 4.75% on Thursday, aligning with the U.S. Federal ...
Asia-Pacific markets rose on Thursday despite a sharp decline on Wall Street the previous day as investors reassessed the Fed ...
Asian Banking & Finance on MSN1d
Hong Kong’s total loans down 2.8% in 2024
Loans for use outside Hong Kong dropped by 1.3% in December. Total loans and advances in Hong Kong rose by 0.3% in December, but fell by 2.8% for 2024 as a whole, according to central bank data. Loans ...
Renminbi deposits fell, whilst RMB remittance rose in December. Total deposits with authorized institutions in Hong Kong rose ...
The Hong Kong Monetary Authority left its base rate unchanged at 4.75% on Thursday, tracking a move by the U.S. Federal ...
The Hong Kong Securities and Futures Commission (SFC) announced on January 27 that it had granted its first crypto ...
To wrap up the year, the below is a recap of the most significant developments in employment law in Hong Kong throughout 2024 ...
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.
Hong Kong is pushing its stablecoin regulatory agenda with lawmakers discussing the framework amid a growing industry pivot.
According to a South China Morning Post report, the Hong Kong Monetary Authority (HKMA) has permitted digital banks to operate limited physical locations. This latest HKMA decision now allows digital ...
Hong Kong is currently working around its crypto laws The HKMA is looking to foster blockchain exploration Hong Kong has set up a subcommittee to oversee crypto rules ...