Hong Kong
Mortgage loans application and approvals fall
Mortgage loans drawn down during July dropped by 20% compared with June, to $16.1 billion, said the Monetary Authority.
Mortgage loans application and approvals fall
Mortgage loans drawn down during July dropped by 20% compared with June, to $16.1 billion, said the Monetary Authority.
Hong Kong boosts depositor protection
The Hong Kong Deposit Protection Board says it will remain vigilant against threats that may arise from the slowing global economy.
Mainlanders boost sagging Hong Kong tourism
Tourist arrivals for the first seven months of 2012 increased 15.2% to 26.7m.
Investment-linked insurance: Combining the best of protection and investment
A retirement plan can seem remote and distant for the young. Yet, effective use of wealth management tools and an early start in saving for our retired life do give us a head start in achieving our goals and enjoying lives.
Retail sales growth to slip 10% amid global lull
High-end luxury products gained only 3.1% sales growth.
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Huo Yingli joins HKMA
Huo Yingli has been appointed Monetary Authority Senior Adviser at the Hong Kong Monetary Authority.
HKMA repo financing platform has first transaction
J.P. Morgan completes Hong Kong’s first HK$ tri-party repo transaction.
Social media week returns to Hong Kong
Social Media Week Hong Kong will take place across the city from September 25 to 27.
Hong Kong Airlines might cancel A380 order
Cracks in the wings of the Airbus A380 have prompted Hong Kong Airlines to consider canceling its order for 10 Airbus A380 superjumbos.
Finance professionals not abandoning Hong Kong
Despite the tough times, 82% of financial professionals now in Hong Kong would rather stay put until the global financial crisis blows over.
4 in 5 finance professionals snub working abroad
But half of them are geared up to leave banking and move to other industries.
SmarTone battles competition with multi-device services
SmarTone Mobile Communications expects rising revenues from its focus on marketing double-device subscriptions.
Almost 1 in 2 job seekers fail to find jobs in Hong Kong
Hong Kong’s unemployment rate remained unchanged at 3.2% for the second quarter despite the continuous battering taken by its weaker economy.
Hong Kong strengthens financial ties with the Mainland
A new securities company is seen as a milestone in strengthening securities cooperation between Hong Kong and China.
StanChart is again Hong Kong’s Euro settlement institution
Hong Kong has reappointed Standard Chartered Bank (Hong Kong) as the Settlement Institution for the Euro Real Time Gross Settlement system.
Job opportunities in Hong Kong dip 2%
Only three sectors showed signs of improved recruiting activity.