Hong Kong
Developers bear the fallout of crippling vacancy tax
Swire Properties could incur extra costs after a possible misstep.
Developers bear the fallout of crippling vacancy tax
Swire Properties could incur extra costs after a possible misstep.
Exports grind to a halt at 0.7% growth in June
The fall comes from a 12.9% expansion in May.
Homeowners to feel pinch as banks hike mortgage rates
BOC (Hong Kong), HSBC and Hang Seng Bank raised rates by 10bp.
Singapore nabbed Asia's fintech crown from Hong Kong in 2017
Total fintech funding hit US$983.6m in 2017 versus Hong Kong's US$596.8m.
Residential broadband provider HKBN to buy WTT HK in $10.5b deal
The private equity firms that own WTT would own around 11.66% stake each in HKBN.
Philippines to scrap Landing International Development's US$1.5b Manila casino project
The move comes mere minutes after the firm broke ground.
Hong Kong stock exchange operator profit surges 44% to $5.04b in H1
Record revenues from trading and jumbo listings boosted HKEX half-year earnings.
Chinese tech firm Bytedance eyes US$3b in funding before jumbo Hong Kong IPO
It would put the firm in prime position to be the world's second largest unicorn.
Asian fintech funding skyrocketed 740% to US$16.8b in H1
Thanks to the US$14b funding round by China's Ant Financial.
HKIA passenger traffic up 5.2% to 6.21 million in June
This represents the fifth consecutive month of growth.
Office rents extend climb after rising 2.4% in Q2
Wanchai/Causeway Bay dethroned Central as rental growth driver.
Mainland firms are not letting up on Hong Kong's office market in Q2
They committed to 300,000 sqft in the first half of the year alone.
Bank loan growth may slow to 5% in H2
Trade tensions and higher interest rates are to blame.
Hong Kong raises record US$19.2b in summer IPO haul
Trading volume smashed previous record in 2010.
Health department falls victim to cyberattack
Computers were encrypted by ransomware, leaving some data inaccessible.
Youth employment programme to cover part-timers by September
The maximum on-the-job training allowances for employers will also be raised to $4,000.
Property sales surge 55% to $99.4b in July even as vacancy tax bites
A Sha Tin apartment was nearly sold out a week after the cooling measures took effect.
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