Economy

Bank capital adequacy ratio on the rise

The consolidated capital adequacy ratio of Hong Kong banks was 15.8% at the end-December, against 15.7% at the end-September.

Bank capital adequacy ratio on the rise

The consolidated capital adequacy ratio of Hong Kong banks was 15.8% at the end-December, against 15.7% at the end-September.

Hong Kong’s retail rental market sees 12% growth

Yet downside risks are expected due to global economic slowdown and the potential changes on the taxation and policy front by the mainland authority...

Jersey and Hong Kong to do more business

The Bailiwick of Jersey in the English Channel and Hong Kong have signed a Double Taxation Agreement to avoid double taxation and prevent fiscal...

Trade falters yet again

As expected, the balance of trade in January fell— but much sharper than expected.

Despite out-of-this-world rents, Hong Kong is businesses’ capital city

We talk of Hong Kong’s sky high rents and property prices as if they were investment killers. Surprisingly, a recent global survey shows that’s...

Hong Kong unemployment rate down to 3.2%

Yet underemployment rate climbed to 1.5% during November-January period.

80% of Hong Kong CFOs upbeat about economy

45% of the finance leaders planning to hire permanent accounting, finance and banking staff cited increasing workloads as their reason, while 40%...

Confidence in an economic upturn strong in Hong Kong

Optimism amidst adversity is a virtue that keeps Hong Kong resilient.

Hong Kong has the highest level of globalization for the second time

Hong Kong 's top place in The Globalization Index is seen to continue through 2015.

January Exchange Fund foreign assets soars by $45.7bn

Hong Kong’s claims on the private sector reached $184.4bn.

Exports stay weak in December

Already diminished by faltering global demand, Hong Kong’s exports continued their disconcerting plunge in December.

Tsang fears for exports; sees no growth

Exports could make or break Hong Kong’s economy this year. And the first quarter isn’t showing any signs for optimism.

HK throws start-ups a lifeline

A pilot micro-financing scheme just proposed by the government will entitle self-employed individuals and those undertaking self-enhancement training...

Hong Kong SMEs get government “pain killers”

Small and medium enterprises can expect a helping hand from the government to ride out the rough times ahead.

GDP growth downtrend to continue till 1H12

GDP in the fourth quarter of 2011 came in at 3% YoY, lower than 3Q11's 4.3%.

Hong Kong to bite the bullet—again

It’s official: Hong Kong’s about to experience big-time pain. So much for the lucky Year of the Water Dragon.

FY 2012-13 budget to inject pain killers into economy

Hong Kong seems to be in for a lot of pain as growth slows by more than half in 2012 and prices continue to rise.