Economy
Hong Kong is 6th safest city in the world
It climbed from 14th place in 2017.
Inflation extends steep climb after rising 2.1% in May
Prices for food and basic utilities rose steeply at 4.7% and 3.4%.
Hong Kong wide open to a financial crisis over the next three years
Worsening credit-to-GDP gaps are putting the city in danger territory.
Half of exporters remain bullish despite trade tensions
They believe US-China trade tensions will have little to no impact on export activity.
Finance sector leads quarterly business receipts growth in Q1
Business receipts rose by almost a third at 28.7%.
PMI plunges to 47.8 in May as orders dry up and costs mount
Companies turned to price discounts to offset sluggish sales.
Exports up 8.1% to $330.2b in April
Trade volumes to traditional trade partners like Taiwan, Singapore, and China rose.
Hong Kong inks tax pact with Finland
The deal states the allocation of taxing rights between jurisdictions.
Hong Kong falls to second place as world's most competitive economy
Its ranking in infrastructure slipped to 23rd place.
Inflation jumps 1.9% for fourth straight month in April
Prices for food and basic utilities like electricity, gas and water continue to rise.
GDP growth hits seven year high as economy surges 4.7% in Q1
Strong private consumption levels and exports buoyed the domestic economy.
Goods export up 5.3% in March
Double digit growth was posted in export volume to the Mainland.
Hong Kong banks face heightened risks from close Chinese ties: Fitch
The credit rating agency noted that China's governance standards are lower than Hong Kong's.
Hong Kong economy to slow to 3.2% in 2019: IMF
The subdued growth forecast is tied to the slowdown in Mainland China.
PMI plunges to 49.1 in April amidst slower sales and output
The latest reading represents the weakest showing in nine months.
Exports up 8% to $347.7b in March
Trade outflows to Asia rose 9.4% but plunged in India (-35.3%) and Taiwan (-7.4%).
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