News

Thirty of Hong Kong incomes are sandwiched between private housing and the government's public rental housing. This trend is expected to continue for the next 20 years.

Singapore was overtaken by Hong Kong as the most globalised economy in the world.

The surplus in December was mainly due to the receipt of $33.8 billion in investment income on fiscal reserves.

More firms are making the switch from the Growth Enterprise Market to the main board this year than last year. Most of them are small and medium- sized enterprises.

Hong Kong's property market is expected to grow after the Lunar New Year although it has slowed down ahead of the festival.

Decline in foreign currency assets was due to a decrease in unsettled purchases of securities, behind valuation gains on foreign currency investments.

Total loans recorded a 28.6% increase last year, according to Hong Kong Information Services Department.

The Exchange Fund investment return was 3.6%, according to Monetary Authority Chief Executive Norman Chan.

The five-year bond aimed to support clean technology project in China.

Appeal follows another one filed by the airline in the Seoul High Court challenging a similar decision by the Korean Fair Trade Commission.

The value of Hong Kong's total goods exports rose 12.5% y-o-y in December.

December aggregate value of residential mortgage loans in negative equity down by $50 million from value in September.

New mortgage loans drawn down during December rose by 11.3% to $31 billion compared with November.

Respondents with positive expectations fell from 28 per cent to 26 per cent.

The underlying consumer price inflation averaged at 1.7% for 2010, as expected by government forecasts.

The Civil Aviation Department has approved passenger fuel surcharge increases for Cathay Pacific and All Nippon Airways for February.